This paper investigates the role played by the cultural norms of particularism and universalism for collusive bribery. In our theoretical framework, the act of proposing or demanding a bribe violates a commonly held social norm, thus producing a psychological cost. By lowering this psychological...

This paper provides an empirical investigation of the informative content of indicators of trade exhibition activity for business cycle analysis. We analyse the comovements between alternative indicators of trade exhibition activity and reference variables at both aggregate and disaggregate...

This paper presents an application of the hedonic approach to measure the monetary price of social relations. We use micro data for housing and labor markets in the 103 Italian province capitals to estimate the price of relational amenities and construct monetary indices of quality of relational...

This paper presents an application of the hedonic approach to measure the monetary price of social relations. We use individual-level data for housing and labor markets in 103 Italian cities to estimate the price of relational amenities and construct monetary indexes of quality of relational...

C<sc>olombo</sc> E., M<sc>ichelangeli</sc> A. and S<sc>tanca</sc> L. <italic>La dolce vita</italic>: hedonic estimates of quality of life in Italian cities, <italic>Regional Studies</italic>. This paper investigates quality of life in Italian cities using the hedonic approach. It analyses micro-level data for housing and labour markets to estimate...

This paper investigates the investment behaviour of a large panel of Hungarian firms in the period 1989-99, in order to assess the impact of institutional and regulatory changes on the efficiency of credit allocation. We find that the role of financial factors for investment decisions has...

This paper investigates the investment behaviour of a large panel of Hungarian firms in the period 1989–99, in order to assess the impact of institutional and regulatory changes on the efficiency of credit allocation. We find that the role of financial factors for investment decisions has...