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The capability of a country's public sector to provide high-quality goods and services in a cost-effective way is crucial to fostering long-term growth. In this paper we study the determinants of public service efficiency (PSE) and in particular the role of citizens' political values. Indeed, we...
Persistent link: https://www.econbiz.de/10013125754
Exploiting two unexpected variations in sickness absence policy for civil servants in Italy, this paper assesses the relative importance of monitoring and monetary incentives in determining a basic measure of effort: presence at work. When stricter monitoring was introduced together with an...
Persistent link: https://www.econbiz.de/10013125755
This paper provides a survey of a number of studies conducted in recent years, above all at the Bank of Italy, aiming at assessing the quality and the efficiency of public services in Italy. We consider services provided by the central government (education and civil justice), regional...
Persistent link: https://www.econbiz.de/10013125807
The authors show the application of optimal control techniques via Pontryagin maximum principle to a continuous-time macroeconometric model of the Italian economy. They illustrate the results and examine their economic implications, amongst which the possibility of obtaining a better...
Persistent link: https://www.econbiz.de/10013125851
Despite successive reforms, public procurement in Italy is still highly fragmented and vulnerable to collusion, corruption and ex-post renegotiation. Other defects are found in the planning stages of the works. These problems are due in part to the regulations on the awarding of public works...
Persistent link: https://www.econbiz.de/10013125888
Based on the economic literature and international comparison, the paper examines the adequacy of the terms of Italian project financing contracts to build and operate public works, and identifies potential areas for improvement. We analyze the main contractual content of the public works...
Persistent link: https://www.econbiz.de/10013125890
In this paper we give a detailed exposition of the fifth version of our model of the Italian economy, which is specified as a set of 24 nonlinear stochastic differential equations. We first examine its qualitative properties (steady state solution, structural stability, etc.). We then present...
Persistent link: https://www.econbiz.de/10013125891
This study retraces the history of tax compliance in Italy from unification to today. We review the attempts at evaluating the gap between actual and potential tax revenue, from nineteenth-century descriptive statistics up until the formal estimates of recent decades, which distinguish lawful...
Persistent link: https://www.econbiz.de/10013125893
The far-reaching regulatory activity in which the financial sector has been involved in recent years has been attracting increased attention to the expected costs and benefits of such regulation; measures undertaken in response to the financial crisis have made these issues even more topical....
Persistent link: https://www.econbiz.de/10013125897
Considering the importance of market segmentation as a marketing tool to determine promotional policies, this paper aims, through an empirical application, to determine the optimal way to choose both the best cluster algorithm and the best cluster partition.For this purpose, an empirical study...
Persistent link: https://www.econbiz.de/10013125938