Some form of categorization is always needed for the working of markets. Decision making of market actors is critically supported by the structure of the information available. Categories are essential to this structure: the convergence of supply and demand in exchanges requires shared sets of...

In this paper we study the impact of regulatory complexity, a measure of institutional quality, on the GDP, on per capita income and on the growth rate of the Italian regions. For comparative reasons we also use the duration of civil disputes as an indicator of institutional quality. From the...

In this paper the impact of legislation on the GDP growth rate is investigated, both before and after the great economic and financial crisis of 2007-2008. The analysis has been performed using data from the twenty Italian regions from 1995 to 2016. Using several econometric models, the most...

The aims of this paper are, firstly, to estimate the Italian shadow economy by means of a structural equation approach and, secondly, to verify the generality of the main criticisms about the reliability of the "MIMIC method" (or model approach) for this kind of analysis. Using the Italian...