This paper studies the dynamics of output and export margins in the aftermath of external shocks in fixed and floating exchange rate regimes. Using a panel VARX model, it traces the mean responses of output, terms of trade, extensive and intensive margins to real and nominal shocks in 22...

The maintenance of rules is an emerging and relevant function of every kind of regulators in contemporary legal systems. If we look at history, it has always been present in order to respond to a diversity of needs, such as making rules accessible, or correcting and reforming them. Alongside...

This paper studies the implications of entry costs for business formation in a dynamic stochastic general equilibrium model with endogenous entry and exit. The paper first documents some facts about business formation in the US. Exit is more volatile than entry, both are more volatile than...

This paper systematically compares methods to build confidence intervals for willingness to pay measures in a discrete choice context. It contributes to the literature by including methods developed in other research fields. Monte Carlo simulations are used to assess the performance of all the...

This paper derives policy implications concerning a specifically developed questionnaire administration procedure aimed at eliciting agent-s pecific preferences for alternative policy variables with respect to the implementation of pol icy changes in the case of urban freight transport. In...

Urban freight distribution policies aim to improve the efficiency of deliveries of goods in cities. Local policy makers intervene on rooted, complex and pre-existent relationships. Various are the agents, both collaborating and competing, involved in providing and buying freight distribution...

In the last years Energy Efficiency (EE) has become an important issue in the public policy makers' agenda due to ambitious objectives of the European Commission to reduce energy consumption by 20% in 2020. Many countries have adopted state-level EE programs targeted to include Energy Saving...

The main aim of this paper is to derive properties of an optimal compensation scheme for consumer cooperatives (Coops) in situations of strategic interaction with profit- maximizing firms (PMFs). Our model provides a reason why Coops are less prone than PMFs to pay variable bonuses to their...

Data quality plays a relevant role in policy evaluation. Data quality is also strictly linked to questionnaire development and administration strategies. Willingness to pay estimates might be influenced by the data acquisition method adopted if an ex-post sophisticated modelling cannot...

This paper jointly investigates non-linear attribute effects and discrete mixture heterogeneity. The research context relates to urban freight transport policy evaluation. The paper adopts an agent-specific perspective. The often unforeseen and undesired results deriving from urban freight...