This paper provides a model of the market for news where profit-maximizing media outlets choose their editors from a population of rational citizens. The analysis identifies a novel mechanism of media bias: the bias in a media outlet's news reports is the result of the slanted endogenous...

In the last decades, both the lengthening of life expectancy and an accentuated decline in birth rates have reduced the consistency of the younger generational cohorts. Due to an ageing population, the burden of care giving is expected to intensify in the next quarter of the century in Europe,...

We model the correlations of brothers’ earnings isolating the effect of fathers’ earnings from additional residual influences shared between brothers. We separate the two effects by analysing sibling correlations and intergenerational correlations jointly within a unified framework. Our...

The recent economic crisis gave proof of the fact that the Taylor rule is no more that good instrument as it was thought to be just ten years ago; this might be due to the fact that agents acting in the economy hold Heterogeneous Expectations (HE). In a recent paper Anufriev et al. (2013)...

This paper investigates firms' optimal location choices explicitly accounting for the role of inwards and outwards knowledge spillovers in a dynamic Cournot oligopoly with firms that are heterogeneous in their ability to carry out cost-reducing R\&D. Firms can either locate in an industrial...

Il ruolo dei valori familiari nel determinare gli esiti economici e sociali è molto dibattuta all’interno delle scienze sociali. Un filone della letteratura individua nei legami familiari un freno allo sviluppo economico e alla diffusione di valori civici all’interno dei membri di una...

Based on the various works on the relevance of the institutional arrangements for a country’s economic performance, this paper studies the role and the determinants of the reform policies for the development paths of the transition countries. Looking at the U.S.S.R breakdown as an extremely...

The aim of this paper is to argue that peace among the European countries represents the fundamental common good promoted by economic integration, for which solidarity and willingness to pay are required; however, there are structural problems able to slow the process of European integration. The...

This paper investigates the impact of hooliganism on attendance in Italian stadium and the effect of anti-violence measures adopted by Italian Government in 2007. Results first show that a structural break took place on Serie A average attendance in season 1979/80. The econometric investigation...

Despite the considerable interest in the concept of human development, there has been little research on the political determinants of its dimensions. This paper investigates the role played by the type of political systems on the non-income components of human development. In particular it...