In this paper we investigate how firms adjust markups across products in response to fluctuations in the real exchange rate. In a theoretical framework, we show that firms increase their markup and producer prices following a real depreciation and that this increase is greater for products with...

This study examines the causal influence of digital technologies, specifically operational (ODT) and information digital technologies (IDT), on firms’ employment structure using Italian firm-level data. It employs a unique empirical approach, constructing instrumental variables based on...

Italy was among the first countries to introduce drastic measures to reduce mobility in order to prevent the diffusion of COVID-19. On March 9, 26 out of 111 provinces were subject to severe limitations on individual mobility between municipalities. One day later, new restrictive measures were...

Using a natural experiment induced by the COVID-19 pandemic, we test how the sudden absence of supporters at football games impacts the performance of players from minority groups in Italy. We find that African players, who are most commonly targeted by racial harassment, experience a...