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Fiscal policy uncertainty and the business cycle : time series evidence from Italy
Anzuini, Alessio; Rossi, Luca; Tommasino, Pietro - 2017
Persistent link: https://www.econbiz.de/10011942713
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Customer capital, markup cyclicality, and amplification
Hong, Sungki - 2017
This paper studies the importance of firm-level price markup dynamics for business cycle fluctuations. Using state-of-the-art IO techniques to measure the behavior of markups over the business cycle at the firm level, I find that markups are countercyclical with an average elasticity of -1.1...
Persistent link: https://www.econbiz.de/10011782627
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Wage rigidities and business cycle fluctuations : a linked employer-employee analysis
Adamopoulou, Effrosyni; Bobbio, Emmanuele; De … - In: IZA journal of labor policy 5 (2016) 22, pp. 1-32
This paper analyses wage dynamics in Italy in the last 25 years with a special focus on the recent recession. Despite …
Persistent link: https://www.econbiz.de/10011709742
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Predicting recessions with a frontier measure of output gap : an application to Italian economy
Mastromarco, Camilla; Simar, Léopold; Zelenyuk, Valentin - 2020 - Revised version
Persistent link: https://www.econbiz.de/10012428450
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Fiscal policy uncertainty and the business cycle : time series evidence from Italy
Anzuini, Alessio; Rossi, Luca; Tommasino, Pietro - In: Journal of macroeconomics 65 (2020), pp. 1-14
Persistent link: https://www.econbiz.de/10012433790
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Sovereign default risk and firm heterogeneity
Arellano, Cristina; Bai, Yan; Bocola, Luigi - 2024 - Revised
Persistent link: https://www.econbiz.de/10011658202
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Relationship and Transaction Lending in a Crisis
Bolton, Patrick - 2013
We study how relationship lending and transaction lending vary over the business cycle. We develop a model in which relationship banks gather information on their borrowers, which allows them to provide loans for profitable firms during a crisis. Due to the services they provide, operating costs...
Persistent link: https://www.econbiz.de/10012459195
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Unequal effects of the economic cycle on human capital investment : evidence from Italian panel data
Bonacini, Luca - 2020
Human Capital Theory considers individuals' education as an investment in terms of money, time, effort, and the renouncement of income opportunities that they expect will be compensated during their working life. While these benefits are mainly in the long run, direct and indirect costs are...
Persistent link: https://www.econbiz.de/10012389521
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Credit Demand and Supply Shocks in Italy During the Great Recession
Cipollini, Andrea - 2018
economic activity in Italy during the 2008-2014 crisis period. The three endogenous variables considered are the loan interest … the level of real economic activity. Furthermore, the results show that credit crunch hits the North of Italy less than … the remaining macro-regions, especially the South-Italy …
Persistent link: https://www.econbiz.de/10012915632
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Structural and Cyclical Patterns of Underground Labour Input in Italy from 1980 to 2004
Chiarini, Bruno; Marzano, Elisabetta - 2007
In this paper we investigated empirically the nature of underground employment in Italy, considering its long-run trend … reforms occurred in Italy, with an evident impact on underground employment. Our investigation pointed out several interesting …
Persistent link: https://www.econbiz.de/10014050610