A5016937002- Regional Development and Policy
- Labor market dynamics and wage inequality
- Economic Growth and Productivity
- Economic Theory and Policy
- Global Financial Crisis and Policies
- Monetary Policy and Economic Impact
- Fiscal Policy and Economic Growth
- Regional Economics and Spatial Analysis
- European Monetary and Fiscal Policies
- Unemployment and Economic Growth
- Italy: Economic History and Contemporary Issues
- Fiscal Policies and Political Economy
- Firm Innovation and Growth
- Global trade and economics
- Economic Policies and Impacts
- Employment and Welfare Studies
- Spatial and Panel Data Analysis
- Regional resilience and development
- Youth Education and Societal Dynamics
- Polish socio-economic development
- Particle Accelerators and Free-Electron Lasers
- Banking stability, regulation, efficiency
- Indian Economic and Social Development
- International Business and FDI
- Particle Detector Development and Performance
University of Perugia
2015-2024
Cornell University
2023-2024
Brescia University
2022
Bocconi University
2016
Lahore University of Management Sciences
2016
University of Brescia
2016
University of Siena
1994-1997
Purpose The purpose of this paper is to assess the impact financial crises on youth unemployment rate (YUR). authors consider different types (systemic banking crises, non‐systemic currency and debt crises) groups countries, according their income level. Design/methodology/approach After a review existing (theoretical empirical) literature determinants YUR in general at occurrence economic present empirical estimations past young workers. relationship between investigated by employing fixed...
This article empirically assesses the evolution of European regions in terms both employment and unemployment during recent financial crisis global recession. Our specific research questions are as follows: (i) has there been a reversal dynamics at regional level (2007–10) compared with previous period (2004–07)? (ii) have western ('old' EU states) behaved differently response to eastern (NMS)? Finally, (iii) differences between two groups related structural or institutional variables? After...
The impact of financial crises on the youth unemployment rate (YUR), compared to total (UR), is estimated for a panel OECD countries over period 1981–2009, using bias-corrected dynamic data estimators short- and long-run coefficients. Both YUR UR are found highly persistent. Also, effects significantly large, respectively, some 1.9 1.5–1.7 times higher than UR. Similar results impacts GDP growth lagged 1 year institutional variables. These robust various specifications.
We design a new specification of Okun's model that takes the following features into account: estimation relation in first differences, possible lagged effect GDP dynamics on unemployment changes, persistence rate dynamics, different values Okun coefficients under recession (with respect to periods increases GDP), existence cross-country institutional and structural differences (i.e. country-specific coefficients), additional caused by large adverse shocks such as financial crises.A...
Purpose The purpose of this paper is to analyse whether several groups European countries are on track for real “conditional” economic convergence in per capita income and the likely speed convergence. focusses also changes processes over time. Design/methodology/approach Unlike simple “absolute convergence”, it explores concept or “club” Moreover, adopts approach extending univariate model take into account panel dimension an extended time interval endogeneity. Findings A process has...
In spite of a growing body literature investigating the determinants youth unemployment, studies at sub-national level are still scarce, especially for Russian regions. This article is an innovative attempt to analyse econometrically key factors affecting unemployment rate and ratio between total rates 75 regions in 2000–09. The existing on regional labour market performance dynamics suggested use large set explanatory variables (with indicators economic development, demographic situation...
Abstract Purpose – The purpose of this paper is to identify the main "models growth" characterising EU countries in last two decades, with particular reference employment‐productivity relationship, and reveal key determinants productivity. Design/methodology/approach After a survey relevant literature, empirical section analyses by graphical inspection, identifying four models (for EU‐27 1990‐2008 period): extensive, intensive, virtuous, stagnant. Then different econometric investigations...
We analyze the conditions for public debt-to-GDP ratio stability extending Domar’s approach by including interaction between government’s reaction function and private sector’s function, considering impact of 2020–2021 pandemic shock monetary fiscal policy responses, with simulations applied to Italian case. The outcomes numerical show crucial importance ECB extraordinary policies, NGEU and, lesser extent, national expansionary policies adopted during shock; both European wide actually...