In this paper we build a model of occupational choice with informal production and progressive income taxation. We calibrate the model to the Brazilian economy to evaluate the impact of removing financial frictions on informality. We find that financial deepening leads to a drop in the size of...

Startups face a trade-off between short-term profitability versus long-term growth where investors tolerate prolonged financial losses. We present a new theory and empirical evidence about the existence and shape of so-called J-curves. The theory predicts that investors facing better exit...

Chapter 1: Navigating the New Era: Interdisciplinary Insights into Greece's Political Economy of Evaluation -- Part A. Policy Evaluation in Times of Change -- Chapter 2: Evaluation in the Polycrisis Epoche -- Chapter 3: The Key Horizontal Principles in the Evaluation Practice: From Necessity to...

1.Introduction -- 2Atlantic Reflections: Italian Spirits and Business Communities in Americas -- 3.Italians in Southern Brasil: Tradition and Innovation -- 4.Business and Transmission of “Knowledge”: Italian Migration to Brasil -- 5.Science, Techniques, Ideas: Italian Emigration in the...