Project duration is an important metric in the assessment of public works procurement and consists of the time taken to complete the three major sub-phases (design, awarding and execution). The overall duration may be influenced by various factors such as project characteristics, local market...

Public procurement outcomes depend on the ability of the procuring agency to select high-performing suppliers. Should public administrations be granted more or less discretion in their decision making? Using Italian data on municipal public works tendered in the period 2009-2013, we study how a...

We study how cultural distance affects the rejection of imposed institutions. To this purpose, we exploit the transplantation of Piedmontese institutions on Southern Italy which occurred during the Italian unification. We assemble a novel and unique dataset containing information on episodes of...

The economic losses inflicted by the pandemic shock caused severe capital shortfalls for many corporates, which led to public measures being adopted to support firms’ recapitalization and the rebalancing of their financial structure. However, evidence about the dynamics and features of these...