Anti–money laundering regulations have been centred on the “Know-Your-Customer” rule so far, overlooking the fact that criminal proceedings that need to be laundered are usually represented by cash. This is the first study aimed at providing an answer to the question of how much of cash...

Payment services, cash withdrawals and estimate of the shadow economy: an inquiry on the Italian case - Abstract This paper contributes to the debate on the assessment of the size of the shadow economy within the Currency Demand Approach (CDA), answering to the following question: are the...

Anti–money laundering regulations have been centred on the “Know-Your-Customer” rule so far, overlooking the fact that criminal proceedings that need to be laundered are usually represented by cash. This is the first study which tries to provide an answer to the question of how much of...

In order to analyze the determinants of tax evasion, the existing literature on individual tax compliance typically takes a ‘prior-to-audit’ point of view. This paper focuses on a ‘post-audit, post-detection’—so far unexplored—framework, by investigating what happens after tax...

<i> Liberalizzazione e integrazione verticale delle utilities elettriche: evidenza empirica da un campione italiano di imprese pubbliche locali </i> (di Emma Beccio, Massimiliano Piacenza) - ABSTRACT: In recent years changes of regulation in European electricity industry have been oriented towards a...

This paper analyses the incidence of specific taxes in fuel markets, and exploits the findings to simulate the effects of government interventions aimed at mitigating oil price fluctuations. Several reduced-form model specifications are estimated to study tax incidence, using wholesale...

In this paper we develop the first (static) microsimulation model aimed at studying the distributive impact of housing taxation on Italian households. We use as input data those provided by the Bank of Italy from its Survey on Households Income and Wealth, and discuss specific problems arising...

This paper provides a causal estimate of labor productivity in maternity units. We consider an Italian law that defines the staffing requirements of maternity wards according to the annual number of births. We exploit these discontinuities in the availability of medical staff induced by the law...

The upward trend in the incidence of caesarean deliveries is a widespread stylised fact in many countries. Several studies have argued that it does not reflect, at least in part, patients’ needs but that it is also influenced by other factors, such as providers/physicians incentives. Not...