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' and households' investment in Italy over the past two decades. We estimate a vector error correction model separately for … or financing constraints are unable to fully explain investment dynamics in Italy, especially in the most recent years of …
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market. We take the case of Italy, a country that experienced changes in the mortgage market brought about by the 1992 … European unification and other institutional shifts. These events make Italy a good laboratory to study the effects of … financial markets on the labor market. Using a simultaneous equation framework and household data from the Bank of Italy between …
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This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...
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