This article investigates the effects of different job categories on households' likelihood of experiencing financial distress. Given imperfect financial markets and the absence of unemployment subsidies, households with less secure jobs are likely to experience drops in income more frequently...

This paper presents new estimates of the economic benefits from economic and political integration. Using the synthetic counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the European Union (EU) in the 1973, 1980s, 1995...

This paper presents new estimates of the economic benefits from economic and political integration. Using the synthetic counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the European Union (EU) in the 1973, 1980s, 1995...

This study focuses on the role of credit constraints as important determinants of firm entry and exit. In particular, the relationship between the banking market structure and the turnover of firms in nonfinancial sectors is estimated for the period 2001-5 using industry-level data across a...

There is a consensus that civil wars entail enormous economic costs, but we lack reliable estimates, due to the endogenous relationship between violence and socio-economic conditions. This paper measures the economic consequences of civil wars with the synthetic control method. This allows us to...

This study investigates employment growth in the business activities supported by the European Cohesion Policy. We examine cross-industry, cross-regional variations in a sample of fourteen manufacturing industries and seventy European regions (in Germany, Italy and Spain) and take advantage of...

This paper investigates the effects of different job categories on households' likelihood of experiencing financial distress. Given imperfect financial markets and the absence of unemployment subsidies, households with less secure jobs are likely to experience drops in income more frequently...

This paper investigates whether joint economic and political integration leads to larger economic benefits than just economic integration. The identification strategy rests on the fact that Norway, at the time of the 1995 Enlargement of the European Union (EU), had successfully completed...

Following Rajan and Zingales's (1998) pioneering study, many empirical studies have tested the differential growth effects of a country's financial development across various industries with different levels of dependence on external financing. To conduct this test, many researchers have used...

The paper reviews the literature on the evaluation of the macroeconomic of the EU Structural Funds and it focuses on the macroeconomic models used by the European Commission for the assessment of the Objective 1 Community and Structural Frameworks. It emerges that more detailed Structural Funds...