We document that Italian public administrations systematically overestimate capital expenditures, and that the introduction of a cap on this spending item improves the accuracy of their plans. Our analysis relies on a unique dataset including budgetary figures (both planned and realized) for all...

This paper provides an ex-post evaluation of the 2006 Turin Winter Olympic Games by means of a synthetic control approach on a number of potential outcomes for an event of such magnitude. We find a positive impact on tourism and the ratio between prices in the centre and in the outskirts of the...

Minimum income policies are means-tested policies aimed at guarantee all citizens with a minimum level of income and at fighting social exclusion typically associated with extreme poverty. Their main shortcoming relies on the theoretical disincentive e¤ect on labour market participation they...

Minimum income policies are policies aimed at guarantee all citizens with a minimum level of income and at fighting social exclusion typically associated with extreme poverty. Theoretically, their main shortcoming is the disincentive effect on labour market participation they could generate in...

Using different econometric specifications this paper analyzes the relationship between the time parents spend with their children, child-related expenditure and the results obtained by them, with particular attention to gender differences. The authors use PSID-CDS data from 1997 to 2007 and...

This paper analyzes the time allocation of Italian spouses to paid work, childcare and household work. The literature suggests that Italian husbands contribute the least to unpaid household work, relative to other European countries, while Italian women have the lowest market employment rates....