The aim of this paper is to measure the impact of migration flows on growth via their effect on structural change. To this extent we build an empirical growth model in which migration flows and intersectoral wage differentials can affect the speed of labour readjustment between sectors and,...

This paper tests the presence of spatial interdendencies of Italian regional public spending and its determinants in the period 1996-2010 through spatial panel models. In particular, the analysis controls for the impact of the reform of the constitutional article no. 117, in the perspective of...

Making due allowances for differences in demographics, the labour market and internal migration dynamics, this study analyses the sustainability of the Italian pension balance at a regional level. A worsening of the elderly dependency ratio and a decline in birth and employment rates have...

The aim of this work is the identification and the description of groups of regions belonging to eight European countries in order to evaluate the role of productive specialization in determining regional income growth. The novelty of the study is the application of a new methodology, the...

<i> A Stochastic Approach to the Efficient Frontier of the Italian Banking Sector: Bank’s Characteristics and Technical Inefficiency </i> (di Rita De Siano) - ABSTRACT: During the 1990s the Italian banking sector experienced a considerable evolution due, first of all, by the accelerating process of...

<i> Financial Variables as Leading Indicators: Evidence from the G7 Countries </i> (by Rita De Siano) - ABSTRACT: This study analyses the behaviour of financial variables, such as the stock market return index and interest rates, over the business cycle phases in order to ascertain whether they can be...

The aim of the study is to investigate the presence of “convergence clubs†among Italian regions applying the stochastic notion of convergence. Regions are sorted according to some human capital accumulation indicators using the Classification and Regression Tree Analysis (CART). The...