This paper investigates the response of the shadow economy to banking crises. Our empirical analysis, based on a large sample of countries, suggests that the informal sector is a powerful buffer, which expands at times of banking crises and absorbs a large proportion of the fall in official...

This paper presents the methodological approach used to analyse and assess an active labour market policy called Dote Unica del Lavoro (DUL) implemented by the Lombardy Region with reference to the period October 2013-June 2014 and addressed to 25 thousand beneficiaries. The aim of the project...