We investigate the effect of social interactions on labor market outcomes using a direct measure of social contacts based on information about individuals’ three best friends and their characteristics. We examine the effect of the number of employed friends on the transition from...

The aim of the paper is to unbundle the main economic variables involved in the European Crisis and clarify their reciprocal relationship. The variables considered are: unemployment, inflation, consumptions, investments and current accounts. We use annual, quarterly and monthly data, until 2012,...

In this paper we adopt a three-state representation of the labour market (employment, unemployment, and inactivity). Using individual -level data from EU-SILC (European Union - Statistics on Income and Living Conditions) survey from three countries (France, Italy, Spain), we analyze the...

The aim of this article is to look at ideas of social welfare in the English political economy from the 16th to the early 18th Century. In doing so, we shall focus upon the relationship between English Mercantilist economic thought and the evolution of the institutional framework established in...