This paper studies the resilience of inter-ethnic marriages in Italy through the lenses of marriage duration by means of survival and treatment-effect analyses. Our main findings are that inter-ethnic marriages have a significantly higher risk of separation even when we control for social and...

This paper studies the resilience of inter-ethnic marriages in Italy through the lenses of marriage duration by means of survival and treatment-effect analyses. Our main findings are that inter-ethnic marriages have a significantly higher risk of separation even when we control for social and...

In a Common Currency Area (CCA) the Common Central Bank sets a uniform rate of inflation across countries, taking into account the area's economic conditions. Suppose that countries in recession favor a more expansionary policy than countries in expansion, a conflict of interest between members...

In a Common Currency Area (CCA) the Common Central Bank sets a uniform rate of inflation across countries, taking into account the area´s economic conditions. Suppose that countries in recession favor a more expansionary policy than countries in expansion, a conflict of interest between members...

In a common currency area, the common central bank sets a uniform rate of inflation across countries, taking into account the area's economic conditions. Suppose countries in recession favor a more expansionary policy than countries in expansion: when national business cycles are not fully...

In a Common Currency Area (CCA) the Common Central Bank sets a uniform rate of inflation across countries, taking into account the area’s economic conditions. Supposing that countries in recession favor a more expansionary policy than countries in expansion, a conflict of interest between...

The delegation of monetary policy to a supranational Central Bank creates a conflict of interest between residents of different countries. For example, the country in recession favours more inflation to boost output, while the country in boom prefers exactly the opposite. This conflict gives...

In this paper we analyse how the creation of a single currency regime changes the strategic relationship between policy-makers, both within and across countries. In particular we look at the role of cross-country externalities and lack of commitment. When labour taxation is excessive, due to...