This paper aims to shed new light on ”law of one-price” in the United States’ gasoline market over the period June-2003-December-2019. Specifically, we test for convergence of the retail prices of gasoline in di↵erent US PADDs, states and cities using the Local Whittle estimator (LW) and...

Since its lethality increases exponentially with age, the early 2020 COVID-19 shock unexpectedly raised the risk of corporate disruption at companies led by older CEOs. While normally unprepared successions might be beneficial by replacing entrenched CEOs, this systemic shock projected a...

This article analyses the determinants of international migration flows within the European Union and specifically focuses on the role of cultural and linguistic differences in explaining the size of these flows. For that purpose, a set of indicators of cultural distance are controlled for along...

The recent backlash against free trade is partially motivated by the decline in manufacturing employment due to rising import competition from China. Previous studies about the “China syndrome” neglect the role of trade policy. This is surprising, given that politicians in high income...

One of the difficulties faced by policy makers during the COVID-19 outbreak in Italy was the monitoring of the virus diffusion. Due to changing criteria and insufficient resources to test all suspected cases, the number of ‘confirmed infected’ cases rapidly proved to be unreliably reported...

We show that measures of inequality of opportunity fully consistent with Roemer (1998)'s inequality of opportunity theory can be straightforwardly estimated adopting a machine learning approach. Following Roemer, inequality of opportunity is generally defined as inequality between individuals...