Renata Bottazzi, Tullio Jappelli, Mario Padula, 16 September 2009

Pensions reforms are shifting retirement burdens onto private households. How will they respond? This column uses Italian data to show that households better informed about their future entitlements save more for retirement, but private wealth increases considerably less than one-for-one with the social security decreases.

Francesco Daveri, 05 June 2009

The post-crisis data indicate that Italy is faring worse than the rest of Europe, except Germany. Moreover, the Italian economy entered a period of hardships and disappointing growth well before the mortgage crisis developed. This column argues that Italy cannot afford to postpone reforms if it wants to resume faster long-run growth.

Francesco Billari, Vincenzo Galasso, 07 November 2008

Economic theory views children as investment or consumption goods. Using Italian pension reforms as a natural experiment, this column find evidence that supports the “children as investment” view.

Francesco Billari, Vincenzo Galasso, 22 October 2008

Why are couples in industrialized societies having fewer children than they used to? Indeed, why are they deciding to have children at all? The authors of CEPR DP7014 seek to address these issues, focusing on the two main motives for childbearing often cited: children as a 'consumption' vs. an 'investment' good.

Battista Severgnini, 26 September 2008

Drawing on records from ‘Calciopoli’, a judicial inquiry into corruption in the Italian soccer league, Tito Boeri and Battista Severgnini have investigated what drives match rigging, including referees’ career concerns, competitive balance and media concentration. In an interview with Romesh Vaitilingam, recorded at the annual congress of the European Economic Association in Milan in August 2008, Severgnini discusses their findings.

Alberto Alesina, 30 September 2008

In Italy, microfirms held by women pay a higher interest rate with respect to those firms managed by men. This column tests and rejects many possible explanations for this differential interest rate. Discrimination cannot be ruled out.

Manuel Bagues, Natalia Zinovyeva, Mauro Sylos Labini, 10 September 2008

Some European governments aim to promote their universities’ performance in international rankings by creating financial incentives. This column explains that such policies can backfire, taking the example of recent research on Italy. Policy makers should be very cautious in using students’ academic performance as a proxy for university value.

Tito Boeri, 03 August 2008

Italy may be headed for recession. The government's fiscal position would allow it to use prudent tax cuts to prevent recession, but its new budget plan only signals trouble.

Tito Boeri, 22 May 2008

Berlusconi’s new government faces tough economic challenges. Here one of Italy’s leading economists highlights three concerns the government must tackle in its first year: fiscal federalism, electoral reform, and curbing tax evasion.

Francesco Daveri , Cecilia Jona-Lasinio, 29 November 2007

The public debate on offshoring has created more heat than light to date, but researchers are beginning to get a picture of its real economic impact. New evidence from Italy, based on firm-level data and a direct measure of offshoring, shows that offshoring of parts and components boosts domestic productivity while offshoring of services does not.

Tito Boeri, Agar Brugiavini, 16 August 2007

Italy’s Agreement on pensions has been signed, but it’s not the start of a new pact between generations. It’s a plug to buy time while holding out for new corrective measures. All the fundamental problems remain unresolved.

Guido Tabellini, Tito Boeri, 04 April 2006

Written in early 2006: The changes Berlusconi made to Italy’s electoral system will return Italy to its old tradition of short-lived governments and unstable coalitions.

Guido Tabellini, 28 November 2006

This essay, written in November 2006, discusses an accounting trick that allows Italy to apply the cash proceeds of new liabilities to reduce its government deficit subject to the Stability and Growth Pact’s 3% limit.

Eric Chaney, 26 October 2006

Written October 2006: Italian competitiveness looks bleak when measured by unit labour costs and export volumes, but both measures are tainted by serious statistical uncertainties. Credit rating agencies may soon have to re-evaluate the Italian case in a more positive light given faster potential growth and lower budget deficits.

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