Information on seasonal frequencies can provide valuable insights for understanding economic fluctuations. This is particularly true for Italy, where the variability of production in manufacturing is extremely high and almost entirely due to seasonal factors. This paper discusses the option of...

Information on seasonal frequencies can provide valuable insights for understanding economic fluctuations. This is particularly true for Italy, where the variability of production in manufacturing is extremely high and almost entirely due to seasonal factors. This paper discusses the option of...

A short fictional story to illustrate for non-economists the economic forces at play when the Federal Energy Regulatory Commission (FERC) reviews oil pipeline applications to be authorized to charge market-based rates. Economic theory made as digestible as possible by avoiding formulas, using...

I analyze empirically all European Commission's decisions regarding “unilateral effects” aspects of horizontal mergers before and after the 2004 reform, which introduced the “significant impediment to effective competition” test in merger policy. I find that, after the reform, the...