Working Papers

From University of Milano-Bicocca, Department of Economics
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398: Competition and Inequality: Aiyagari meets Bertrand and Cournot

Andrea Colciago and Rajssa Mechelli

397: Cities as drivers of social mobility

Alessandra Michelangeli and Umut Türk

396: The debt multiplier

Alice Albonico, Guido Ascari and Alessandro Gobbi

395: Preferences and strategic behavior in public goods games

Gilles Grandjean, Mathieu Lefebvre and Marco Mantovani

394: Convergence of European natural gas prices

Andrea Bastianin, Marzio Galeotti and Michele Polo

393: International Migration Intentions and Illegal Costs: Evidence from Africa-to-Europe Smuggling Routes

Guido Friebel, Miriam Manchin, Mariapia Mendola and Giovanni Prarolo

391: Limited Asset Market Participation and the Euro Area Crisis. An Empirical DSGE Model

Alice Albonico, Alessia Paccagnini and Patrizio Tirelli

390: Solidarity and efficiency in preference aggregation: a tale of two rules

Stergios Athanasoglou

389: On the characterization of quasi-perfect equilibria

Nicola, Gatti, Mario Gilli and Alberto, Marchesi

388: Risk Premiums, Nominal Rigidities and Limited Asset Market Participation

Lorenzo Menna and Patrizio Tirelli

387: Global evidence on prospective migrants from developing countries

Mariapia Mendola

386: Liberalizing Art: Evidence on the Impressionists at the end of the Paris Salon

Federico Etro, Silvia Marchesi and Elena Stepanova

385: Existence, multiplicity and dynamic complexity in an OLG model with fiscal policy and debt

Lorenzo, Cerboni and Ahmad Naimzada

384: Political Regimes and the Determinants of Terrorism and Counter-terrorism

Nicola, Brugali, Paolo Buonanno and Mario Gilli

383: Transitions and Political Stability in Autocracies. The Role of Public Perception

Mario Gilli and Yuan, Li

382: Regularized semiparametric estimation of high dimensional dynamic conditional covariance matrices

Claudio Morana

381: A Two-Party System under the Proportional Rule is Possible: Strategic Voting in the Lab

Francesco De Sinopoli, Giovanna Iannantuoni, Valeria Maggian and Stefania Ottone

380: Endogenous interlocking directorates

Maria Rosa Battaggion and Vittoria Cerasi

379: Investment-Uncertainty Relationship in the Oil and Gas Industry

Maryam, Ahmadi, Matteo Manera and Mehdi, Sadeghzadeh

378: Residential Satisfaction for a Continuum of Households: Evidence from European Countries

Riccardo Borgoni, Alessandra Michelangeli and Federica, Pirola

377: Some Financial Implications of Global Warming: An Empirical Assessment

Claudio Morana and Giacomo Sbrana

376: Do Individual Heterogeneity and Spatial Correlation Matter? An Innovative Approach to the Characterisation of the European Political Space

Giovanna, Iannantuoni, Elena Manzoni and Francesca Rossi

375: Human Smuggling and Intentions to Migrate: Global Evidence from a Supply Shock along Africa-to-Europe Migration Routes

Guido Friebel, Miriam Manchin, Mariapia Mendola and Giovanni Prarolo

374: Group meeting frequency and borrowers’ repayment performance in microfinance: Evidence from a quasi-natural experiment in South Africa

Lucia, Dalla Pellegrina, Angela, De Michele, Giorgio Di Maio, Paolo Landoni and Susanna, Parravicini

373: Debunking the Myth of Southern Profligacy. A DSGE Analysis of Business Cycles in the EMU’s Big Four

Alice Albonico, Roberta Cardani and Patrizio Tirelli

372: Evidence-based threat-of-audit letters: do taxpayers respond strategically in a complex environment?

Carlo Fiorio and Alessandro Santoro

371: One size does not fit all: quantile regression estimates of cross-country risk of poverty and social exclusion in Europe

Bruno, Bosco

370: Life after default: Private vs. official sovereign debt restructurings

Silvia Marchesi and Tania Masi

369: Learning by hiring, network centrality and within-firm wage dispersion

Ambra, Poggi and Piergiovanna, Natale

368: Is electoral punishment important for democracy? The role of social capital and religious resources

Ambra, Poggi

367: Where Women Make The Difference. The Effects of Corporate Board Gender Quotas on Firms’ Performance across Europe

Simona Comi, Mara, Grasseni, Federica Origo and Laura Pagani

366: Subprime Mortgages and Banking in a DSGE Model

Martino Ricci and Patrizio Tirelli

365: How post-crisis regulation has affected bank CEO compensation

Vittoria Cerasi, Sebastian, Deininger, Leonardo Gambacorta and Tommaso Oliviero

364: A New Approach to Contest Models

Fausto, Cavalli, Mario Gilli and Ahmad Naimzada

363: An investigation of weak-veto rules in preference aggregation

Stergios Athanasoglou

362: Inflation bias and markup shocks in a LAMP model with strategic interaction of monetary and fiscal policy

Alice Albonico and Lorenza Rossi

361: Temperature anomalies, radiative forcing and ENSO

Claudio Morana and Giacomo Sbrana

360: The RES-induced Switching Effect Across Fossil Fuels: An Analysis of the Italian Day-Ahead and Balancing Prices and Their Connected Costs

Angelica Gianfreda, Lucia Parisio and Matteo Pelagatti

359: The deterrence effect of real-world operational tax audits

Gabriele Mazzolini, Laura Pagani and Alessandro Santoro

358: Family Size, Sibling Rivalry and Migration: Evidence from Mexico

Massimiliano Bratti, Simona, Fiore and Mariapia Mendola

357: Connecting Alone: Smartphone Use, Quality of Social Interactions and Well-being

Valentina Rotondi, Luca Stanca and Miriam, Tomasuolo

356: The Optimal Policy Mix to Achieve Public Debt Consolidation

Roberta Cardani, Lorenzo Menna and Patrizio Tirelli

355: Macroeconomic Conditions and Well-being: Do Social Interactions Matter?

Emilio Colombo, Valentina Rotondi and Luca Stanca

354: Set them (almost) free. Discretion in electoral campaigns under asymmetric information

Vardan Baghdasaryan and Elena Manzoni

353: Optimal Inflation to Reduce Inequality

Lorenzo Menna and Patrizio Tirelli

352: Long-run Unemployment and Macroeconomic Volatility

Stefano Fasani

351: Debt stability under entitlement spending

Floriana, Cerniglia, Enzo Dia and Andrew Hughes Hallett

350: Optimal Public Debt Consolidation with Distributional Conflicts

Roberta Cardani, Lorenzo Menna and Patrizio Tirelli

349: Ethnic Minority Concentration: A Source of Productivity Growth for Italian Provinces?

Alessandra Michelangeli and Nicola Pontarollo

348: Matching inefficiencies, labor market flexibility and local democracy in Spain

Ambra, Poggi