Title:Long Term Persistence
Author(s):GUISO, Luigi; SAPIENZA, Paola; ZINGALES, LuigiDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Is social capital long lasting? Does it affect long term economic performance? To answer these questions we test Putnam’s conjecture that today marked differences in social capital between the North and South of Italy were ...
Title:Macroeconomics of Subsistence Points
Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2004Type of Publication:Working PaperSeries/Report no.:NBER Working Paper
Title:Mafia and Public Spending: Evidence on the Fiscal Multiplier from a Quasi-experiment
Author(s):ACCONCIA, Antonio; CORSETTI, Giancarlo; SIMONELLI, SaverioDate:2011-01-01Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We estimate the multiplier by relying on differences in spending in infrastructure across Italian provinces and an instrument identifying investment changes that are large and exogenous to local cyclical conditions. We ...
Title:Market Regulation and Firm Performance: The Case of Smoking Bans in the UK
Author(s):ADDA, Jérôme; BERLINSKI, Samuel; BHASKAR, V.; MACHIN, StephenDate:2011Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper analyzes the effects of a ban on smoking in public places upon firms and consumers. Analysis of survey data from public houses finds that the Scottish smoking ban (introduced in March 2006) reduced pub sales and ...
Title:Market vs. Institutions: The Trade-off Between Unemployment and Wage Inequality Revisited
Author(s):BICAKOVA, AlenaDate:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The trade-off hypothesis suggests that high wage inequality in the US and the UK and
high unemployment in countries of continental Europe are consequences of the same
negative change in the demand for the low skilled ...