This paper discusses the potential introduction of permanent public subsidies to supplement the wages of low-paid workers in Italy, taking inspiration from Edmund Phelps' ideas on supporting the working poor. We consider how a negative taxation scheme for low-wage earners might address...

In this paper, I introduce new estimates of Anglo-Italian labour productivity levels in manufacturing during the late 1930s. The relatively high level of detail of the industrial censuses of the two countries, allows to retrieve also input data, enabling the use of the more sophisticated double...

This study examines whether trade competition from low-wage countries (LWCs) can influence immigration patterns in an advanced economy. We focus on Italy between 2003 and 2013, a period characterized by rising market pressure from China and Eastern Europe. Using census data on sectoral...

The prolonged career break around childbirth is one of the reasons behind large motherhood penalties in terms of pay and employment opportunities. We aim to understand what is driving the duration of career break in Italy, where it often remains longer than the five-month obligatory maternity...

This report presents a case study for the Study supporting the Impact assessment of the future European Social Fund proposal. Achieving structural change: conditions for success in the areas of ESF intervention. The reform under assessment focuses on tackling youth unemployment in Italy in the...

The propensity score defining the probability of completing a given degree of education - to balance covariates - and the Mincer equation is here estimated at various degrees of higher education. The novelty is in implementing propensity score and regression estimators together in a...

Private ordering enables investors to design firm-specific governance arrangements. Aided by specialized lawyers, sophisticated contracting parties can engage in complex private ordering exercises yielding agency cost-minimizing governance structures. Venture capital ('VC') contracting is a...

This article examines investment opportunities in northern Italian states in the 17th and 18th centuries, with a focus on the private credit market. The research is based on loan contracts drawn up by notaries and on fiscal and administrative documents. Thanks to the service provided by...

Not all major Italian cities of the late Middle Ages could rely on an established and organised system of public debt like Florence, Venice, Genoa, and others. The study of one such city, Bologna, reveals that whenever the city found itself in serious financial straits, outside of ad hoc...

The connection between public spending and the ambitions of urban elites is a common topic in the historiography of the late Middle Ages. However, it is still unclear how city finances and private capital interacted before the use of sophisticated financial systems of the late 13 th to early 14...

Background In their interesting systematic review, Gallehzan et al. quoted our article Cost-utility analysis of teriflunomide in naïve vs. previously treated patients with relapsing-remitting multiple sclerosis (RRMS) in Italy. While we are grateful to Gallehzan et al. for their interest in the...

The COVID-19 pandemic triggered widespread economic disruptions, raising concerns about surging bankruptcy rates globally. Italy, one of the hardest-hit countries, faced significant risks of business insolvency. This paper empirically investigates the short-term impact of government...

The additionality principle of the European cohesion policy was verified ex-ante by the European Commission and was eliminated starting from the 2021-27 programming period. However, the cohesion treatment may have ex-post reduced, in some cases, national spending and the decision to eliminate...

This study investigates the dynamics of healthcare mobility in Italy, where citizens have the freedom to access medical treatment across regions. More than half a million patients, primarily from the Southern regions, engage in healthcare mobility, resulting in a total inter-regional transfer of...

Undocumented migrant workers are among a group of marginalized stakeholders who are severely exploited at their workplace and across broader society. Despite recent scholarly discussions in marginalized stakeholder theory and migration studies, our understanding of how undocumented workers...

Population ageing will reshape economies around the world, with particular implications for longterm care (LTC) systems. As a result of past fertility decline, reflected in high levels of childlessness and smaller family networks, the growing demand for care is confronted by a declining supply...