We study how political intermediation in the labor market interacts with search frictions. Politicians create and control (to a certain extent) business opportunities for firms, hence the creation of new vacancies. But to compete for these vacancies workers have to give their support to...

The following paper deals with a particular feature of local government within the italian institutional system by using the usual methods of economic analysis. It shows the possibility for regional authorities to reduce, delay or even obstruct the results that national policies can produce. If...

Many reasons for the low level of local development in Sicily have been advanced through the years, often connected to historical and geographical explanations. More frequently the reasons of the backwardness (better low rate of development) is connected to high level of crime and of mafia...

The following paper deals with a particular feature of local government within the italian institutional system by using the usual methods of economic analysis. It shows the possibility for regional authorities to reduce, delay or even obstruct the results that national policies can produce. If...

Investment activity produces effects on two different economic variables. On the one hand, it adds to the existing productive capacity, on the other, it represents a component of demand. What is required for demand may not be required for accumulation, and viceversa. As a consequence different...

In this paper we investigate how enforcement of regulation affects the size of irregular sector, firm perfomance and the exit rate to the market. Three kinds of enforcement policy will be tested in the model: control, punish and legitimacy. The first policy is based on the number of inspectors...

In this paper an agent-based model (abm) will be used to study the effects of enforcement policy in Italy: d.lgs. 124/2004. Three kinds of policy will be tested in the model: control, sanction and legitimacy-regulation. The first policy is based on the number of inspectors present in the...