We study time preferences in a real-effort experiment with a one-month horizon. We report that two thirds of choices suggest negative time preferences. Moreover, choice reversal over time is common even if temptation plays no role. We propose and measure three distinct concepts of choice...

The poor in developing countries are the most exposed to natural catastrophes and microfinance organizations may potentially ease their economic recovery. Yet, no evidence on MFIs strategies after natural disasters exists. We aim to fill this gap with a database which merges bank records of...

Grande il merito di chi ha progettato e reso possibile la ristampa, impreziosita con utili note esplicative, dell’importante ma sfortunato saggio “Delle virtù e dei premi” di Giacinto Dragonetti, pubblicato anonimo a Napoli nel 1766 e poi ristampato l’anno successivo a Venezia e nella...

We investigate the finance-growth nexus before and around the global financial crisis using for the first time OTC derivative data in growth estimates. Beyond the most recent Wacthel and Rousseau (2010) evidence which documents the interruption of the positive finance-growth relationship after...

We propose a measure of life satisfaction, alternative to the standard synthetic cognitive wellbeing question, based on the specific contribution of eleven life satisfaction sub-components (including satisfaction about the past, life opportunities, hope for the future, vitality, control over...

An always larger and more consolidated body of empirical evidence documents that individuals donate money and time and their sense and satisfaction of life is strengthened by good relationships with other human beings. This evidence should lead us to go beyond a misled opposition between a...

This essay pursues a threefold purpose: first, to sketch the historical period that provides the backdrop to the formation of Franciscan economic thought; second, to set out the principles governing that doctrine, highlighting its originality and its relevance to the real problems of the day;...

This paper presents empirical evidence that “tax morale” - taxpayers’ intrinsic motivation to pay taxes - constitutes a new determinant of happiness, even after controlling for several demographic and socioeconomic factors. Using data on Italian households for 2004, we assess the strength...

Empirical studies have documented a decline in indicators of social participation in the last decades. The responsibility of social disengagement has been often attributed to pervasive busyness and the rising pressure of time. In this paper we argue that computer-mediated interaction, and...

Idealtipicamente, l’impresa è sociale se offre, con un impegno vincolante di governance, i servizi dei commons e i merit goods, impiegando in maniera non privatistica la maggior parte degli eventuali profitti. Questa definizione viene argomentata discutendo le caratteristiche dei beni...