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We provide experimental evidence on behavior in a public goods game featuring a so-called point of no return, meaning that if the group’s total contribution falls below this point all payoffs are reduced. Participants receive either common or private signals about the point of no return, and...
Persistent link: https://www.econbiz.de/10011251917
We present an analysis of the share of public ownership in the product market in the OECD countries from 1974 to 2007. Despite much has been said on the broad topic of reforms and regulation, a sector-specific insight is missing. We replicate the analysis of Galasso (2014) by sector of activity...
Persistent link: https://www.econbiz.de/10011252423
We use a large and unique administrative dataset from Italy, covering the period 2009-2014, to investigate opportunistic behavior (moral hazard) and the effectiveness of monitoring policies related to insurance against illness-related income losses. The analysis is based on the outcome of...
Persistent link: https://www.econbiz.de/10011252424
By means of structural VARs we investigate the long-run nexus between inflation and output in the Eurozone under different identification schemes and model specifications. The Eurozone is an interesting case study due to its very low inflation rate and to the official adherence of its monetary...
Persistent link: https://www.econbiz.de/10011261295
I negoziati multilaterali in sede WTO si sono arenati e il nodo essenziale è il negoziato sull'agricoltura. L'esame delle molteplici posizioni dei vari Paesi
Persistent link: https://www.econbiz.de/10011264962
La suddivisione degli Stati del Mondo per reddito, area geografica, indebitamento, appartenenza alle organizzazioni internazionali
Persistent link: https://www.econbiz.de/10011264963
In this paper we present a stochastic volatility model assuming that the return shock has a Skew-GED distribution. This allows a parsimonious yet flexible treatment of asymmetry and heavy tails in the conditional distribution of returns. The Skew-GED distribution nests both the GED, the...
Persistent link: https://www.econbiz.de/10011264964
Persistent link: https://www.econbiz.de/10011264965
In this paper we attempt to identify behavioral differences between public and private not-forprofit hospitals, by using the opportunity of the introduction of the DRG-based payment system in the Italian NHS during the second half of the Nineties. We estimate the technical efficiency of a sample...
Persistent link: https://www.econbiz.de/10011264966
The aim of the paper is to analyse some issues of teaching basic Economics in the Italian universities. During this period the university reform is changing the structure and the characteristics of the undergraduate and post graduate curricula but that may or shall require a change in the same...
Persistent link: https://www.econbiz.de/10011264967