This paper aims at studying the connection between reference group income and life satisfaction in the three republics of the South Caucasus: Armenia, Azerbaijan, and Georgia. I illustrate that in low-income transition economies individuals make not only upward comparisons, decreasing their...

Le regole del regime pensionistico contributivo incentivano il proseguimento del lavoro già in corso e, alla pari di quanto avviene per le scelte di lavoro-pensionamento, trattano i casi di cumulo di pensione e reddito da lavoro in maniera finanziariamente e attuarialmente neutra. E' possibile,...

We use the same methodology, that Ecofin-Oecd apply for projecting expenditure in the medium-long term, to reconstruct expenditure in the medium-long past. It is possible to compare the effective expenditure with the reconstructed one. The effective expenditure is of course influenced by policy...

Il nuovo rapporto SaniRegio fornisce, in linea con le edizioni precedenti, il calcolo della spesa sanitaria standard delle singole Regioni attraverso la stima di una funzione di spesa in cui la distribuzione della popolazione per fasce di età rappresenta il driver principale dei fabbisogni...

This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...

The “transition happiness gap” has been one of the most robust findings in the life satisfaction literature. Until very recently, scholars using various datasets on life satisfaction have shown that residents of post-communist countries were significantly less satisfied with their lives than...

Communism was a two-edged sword for the trustees of the former regime. Communist party members and their relatives enjoyed status and privileges, while secret police informants were often coerced to work clandestinely and gather compromising materials about friends, colleagues, and neighbors. We...