Since 2012 the Italian Government has taken several steps to repay its commercial debts. Using a composite dataset, we evaluate the effects of these policies on the financial performance of a representative sample of Italian firms. We distinguish between the firms that were beneficiaries of...

This paper examines the overall macroeconomic impact arising from reform in government wages and employment, at times of fiscal consolidation. Reform of these two components of the government wage bill appeared necessary for containing the deterioration of the public finances in several EU...

The support for scientific investigation in biomedicine depends in part on the adoption of new knowledge into medical practice. We investigate how a technological advance, in the form of a large and influential 2010 randomized controlled study, changed physician practice in statin (a medication...

Many economic time series exhibit important systematic fluctuations within the year, i.e. seasonality. Differently from usual practice, we argue that using original data should always be considered, although their process is more complicated than that of seasonally adjusted data. Motivations to...

This paper studies the unemployment spell in Italy with a mincerian equation, taking a quantile approach. Because all the data are discrete, usual methodologies cannot be employed. Therefore we first present a new estimator, prove that it is consitent and asymptotically normal, and then we use...

Over the last decades spatial econometrics models have represented a common tool for measuring spillover effects across different geographical entities (counties, provinces, regions or nations). Unfortunately, no one has considered that when these entities share common borders but obey to...

Policy makers in migrant-receiving countries must often strike a delicate balance between economic needs, that would dictate a substantial increase in the number of foreign workers, and political and electoral imperatives, that typically result in highly restrictive immigration policies....

Using the Consumer Expectations Survey of the ECB I estimate how individual expectations on core economic outcomes changed in France, Germany, Italy, and Spain right after the beginning of the Ukraine-Russia war. I find that individuals expect lower economic growth and higher inflation. The...

We study the effect of the COVID-19 pandemic during the first semester of 2020 on the labor market outcomes of elderly workers, using data from the Survey of Health, Ageing and Retirement in Europe. We measure the gender gap in the conditional mean of the probability of experiencing a job...