Working Papers

From IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University
via Rontgen, 1 - 20136 Milano (Italy).
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275: Rationalization in Signaling Games: Theory and Applications

Pierpaolo Battigalli

274: Convergence Across Italian Regions and the Role of Technological Catch-Up

Marco Maffezzoli

273: Robust Monetary Policy in the New-Keynesian Framework

Kai Leitemo and Ulf Söderström

272: Unemployment Duration and the Interactions Between Unemployment Insurance and Social Assistance

Michele Pellizzari

271: Cross-skill Redistribution and the Tradeoff between Unemployment Benefits and Employment Protection

Tito Boeri, J. Ignacio Conde-Ruiz and Vincenzo Galasso

270: Public Policy and the Creation of Active Venture Capital Markets

Marco Da Rin, Giovanna Nicodano and Alessandro Sembenelli

269: Forecasting Italian inflation with large datasets and many models

Carlo Favero, Ottavio Ricchi and Cristian Tegami

268: Labour Market Search, Wage Bargaining and Inflation Dynamics

Antonella Trigari

267: Delayed IT Usage: Is it really the drag on Europe's productivity?

Francesco Daveri

266: Active Financial Intermediation: Evidence on the Role of Organizational Specialization and Human Capital

Laura Bottazzi, Marco Da Rin and Thomas Hellmann

265: The Role of the State in Economic Development

Guido Tabellini

264: Economic and Political Liberalizations

Francesco Giavazzi and Guido Tabellini

263: Monetary Policy in an Estimated Open-Economy Model with Imperfect Pass-Through

Jesper Lindé, Marianne Nessen and Ulf Söderström

262: Preferences for Rigid versus Individualized Wage Setting in Search Economies with Frictions

Tito Boeri and Michael Burda

261: Characterising the Business Cycle for Accession Countries

Michael Artis, Massimiliano Marcellino and Tommaso Proietti

260: Forecasting Macroeconomic Variables for the Acceding Countries

Anindya Banerjee, Massimiliano Marcellino and Igor Masten

259: The Hazard Rate of Foreign Direct Investment: A Structural Estimation of a Real Option Model

Carlo Altomonte and Enrico Pennings

258: VARs, Common Factors and the Empirical Validation of Equilibrium Business Cycle Models

Domenico Giannone, Lucrezia Reichlin and Luca Sala

257: The Fiscal Theory of the Price Level: Identifying Restrictions and Empirical Evidence

Luca Sala

256: Why are Long Rates Sensitive to Monetary Policy

Tore Ellingsen and Ulf Söderström

255: On the Recursive Saddle Point Method

Matthias Messner and Nicola Pavoni

254: Ramsey Monetary Policy and International Relative Prices

Ester Faia and Tommaso Monacelli

253: Financial Factors, Macroeconomic Information and the Expectations Theory of the Term Structure of Interest Rates

Andrea Carriero, Carlo Favero and Iryna Kaminska

252: The Effects of Employment Protection: Learning from Variable Enforcement

Tito Boeri and Juan F Jimeno

251: How Do Electoral Rules Shape Party Structures, Government Coalitions and Economic Policies?

Torsten Persson, Gérard Roland and Guido Tabellini

250: Raising Female Employment Reflections and Policy Tools

Pietro Garibaldi and Etienne Wasmer

249: Costly Contracting in a Long-Term Relationship

Pierpaolo Battigalli and Giovanni Maggi

248: Equilibrium Unemployment in a Model of Imperfect Labour Market

Pietro Garibaldi and Etienne Wasmer

247: Employment Protection Legislation and the Size of Firms

Pietro Garibaldi, Lia Pacelli and Andrea Borgarello

246: Paying Politicians

Matthias Messner and Mattias K Polborn

245: Entry Without Competition

Michele Polo and Carlo Scarpa

244: Lessons for an Aging Society: The Political Sustainability of Social Security Systems

Vincenzo Galasso and Paola Profeta

243: Oligopolistic Reaction to Foreign Investment in Discrete Choice Panel Data Models

Carlo Altomonte and Enrico Pennings

242: Working on the Train? The Role of Technical Progress and Trade in Explaining Wage Differentials in Italian Firms

Paolo Manasse and Luca Stanca

241: Can Comparative Advantage Explain the Growth of US Trade?

Alejandro Cunat and Marco Maffezzoli

240: The Twin Effects of Globalization

Francesco Daveri, Paolo Manasse and Danila Serra

239: Protecting Against Labour Market Risk: Employment Protection or Unemployment Benefits?

Tito Boeri, J. Ignacio Conde-Ruiz and Vincenzo Galasso

238: Bureaucrats or Politicians?

Alberto Alesina and Guido Tabellini

237: Dating the Euro Area Business Cycle

Michael Artis, Massimiliano Marcellino and Tommaso Proietti

236: Are There Any Reliable Leading Indicators for U.S. Inflation and GDP Growth?

Anindya Banerjee and Massimiliano Marcellino

235: Leading Indicators for Euro-area Inflation and GDP Growth

Anindya Banerjee, Massimiliano Marcellino and Igor Masten

234: Monetary-Fiscal Mix and Inflation Performance: Evidence from the U.S

Carlo Favero and Tommaso Monacelli

233: Commitment, Discretion and Fixed Exchange Rates in an Open Economy

Tommaso Monacelli

232: Do Electoral Cycles Differ Across Political Systems?

Torsten Persson and Guido Tabellini

231: The Generalized Neoclassical Growth Model

Alejandro Cunat and Marco Maffezzoli

230: The liberalization of energy markets in Europe and Italy

Michele Polo and Carlo Scarpa

229: International agreements on product standards: an incomplete-contracting theory

Pierpaolo Battigalli and Giovanni Maggi

228: Monetary Policy in a Low Pass-Through Environment

Tommaso Monacelli

227: Information Technology and Productivity Growth Across Countries and Sectors

Francesco Daveri

226: The IT revolution across the U.S. states

Francesco Daveri and Andrea Mascotto