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Innovation, Unemployment and Policy in the Theories of Growth and Distribution increases our understanding about the more relevant economic determinants and policy aspects of the interdependence between economic growth and income distribution.
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Public debt and fertility are two issues of major concern in the current economic policy debate, especially in countries with below-replacement-fertility and large debt (which appears further enlarged as a consequence of the recent world financial distress 2008–2009). In this paper we show...
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This article surveys the most significant steps in the history of the Italian pension and social protection system from the early 1970s up to the beginning of the period of the great reforms launched in the 1990s. First and foremost, it provides a quantitative analysis of the phenomenon under...
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We analyze tax policies in an intertemporal economy with endogenous fertility under critical-level utilitarianism, both from a positive and a normative standpoint. On the positive side, we analyze the effects of a change in the tax on capital income and on fertility, both separately and combined...
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<i> Le scelte di pensionamento in Italia: un'applicazione (ed estensione) del modello Option Value </i> (di Luca Spataro) - ABSTARCT: Using the Bank of Italy Survey on the Budget of Italian Households, we adopt the "Option Value" framework to estimate the determinants of retirement choices of the...
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The paper explores the empirical relationship between the share of pension funds assets invested in stocks and stock market volatility in OECD markets. For this purpose, by using panel data of 34 OECD countries from 2000 to 2010, we estimate both a random-effects panel model and a...
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