Abstentionism represents one of the most evident failures of modern democracies. The root causes of the phenomenon are still quite difficult to understand. Why do people abstain? Because of lack of political offer or, rather, because of exclusion and marginalization? This paper addresses a...

"Conventional economic and accounting systems have been exposed by the limitations of market-driven mechanisms, where public services, education and healthcare have been subordinated to profit, exacerbating the inequalities between people and countries. Italy was one of the earliest countries to...

Understanding how firms finance their activities is crucial for fostering economic growth. The financial life cycle is a critical framework for understanding how firms' financing needs and strategies evolve over time. This paper examines the capital structure choices of Italian SMEs focusing on...

This study examines the impact of the 2009 earthquake in L′Aquila on the local tourism industry through the use of the Synthetic Control Method (SCM). Our findings have revealed a sharp decline in tourism supply in the short term, due to extensive infrastructural damage. Although governmental...

What explains the dramatic differences in earnings across locations? We employ an administrative employer-employee linked dataset from Italy that includes the country's entire workforce to estimate firm-worker or location-worker effects. We also estimate differences in human capital accumulation...