Search results for " finanze"

showing 10 items of 59 documents

The welfare cost of unpriced heterogeneity in insurance markets

2016

We consider the welfare loss of unpriced heterogeneity in insurance markets, which results when private information or regulatory constraints prevent insurance companies to set premiums reflecting expected costs. We propose a methodology which uses survey data to measure this welfare loss. After identifying some “types” which determine expected risk and insurance demand, we derive the key factors defining the demand and cost functions in each market induced by these unobservable types. These are used to quantify the efficiency costs of unpriced heterogeneity. We apply our methods to the US Long-Term Care and Medigap insurance markets, where we find that unpriced heterogeneity causes substan…

Economics and EconometricsActuarial sciencemedia_common.quotation_subject05 social sciencesMedigap InsuranceGeneral insurance01 natural sciencesUnobservableMicroeconomics010104 statistics & probabilitySettore SECS-P/03 - Scienza Delle Finanze0502 economics and businessunpriced heterogeneityEconomicsDeadweight lossSurvey data collection050207 economics0101 mathematicsInefficiencyWelfarePrivate information retrievalinsurance marketsmedia_common
researchProduct

Nonlinearity in intergenerational income transmission: A cross-country analysis

2016

Abstract The aim of this paper is to explore nonlinearity in intergenerational income transmission. We use a set of occupational tables in different countries to test nonlinearity. We also empirically address how policy variables can affect nonlinearity. Our findings suggest that concavity is supported in those societies with less credit constraints, but with more poverty and income inequality; education has an increasing effect on convexity.

Economics and EconometricsEconomics Econometrics and Finance (miscellaneous)Affect (psychology)Convexitylaw.inventionEducationEconomic inequalitylaw0502 economics and business050602 political science & public administrationEconometricsEconomics050207 economicsIncome inequalitySet (psychology)Credit constraintCross country analysisPublic economicsPoverty05 social sciencesComputer Science::Computers and Society0506 political scienceNonlinear systemBecker–Tomes modelTransmission (mechanics)Settore SECS-P/03 - Scienza Delle FinanzeNonlinearity.
researchProduct

Voters’ preferences and electoral systems: the EuroVotePlus experiment in Italy

2016

Motivated by the need to understand voting behaviour under different electoral rules, Laslier et al. (Eur Union Polit, 16(4):601–615, 2015) have conducted an online experiment, the EuroVotePlus experiment, focusing on the effects of the different rules adopted to elect members of the European parliament on voters’ behaviour. The experiment took place in several European countries in the 3 weeks before the 2014 elections for the European Parliament. This paper focuses on the Italian data. Firstly, we show that the behaviour of Italian respondents is consistent with the empirical findings at the European level. Then, we exploit the change from open list to closed list elections implemented in…

Economics and EconometricsEuropean levelOpen listSECS-P/02 - POLITICA ECONOMICASociology and Political ScienceExploitParliamentmedia_common.quotation_subjectClosed listClosed listEuropean Parliament Election Open list Closed list Voting rulesOpen ListVoting0502 economics and business050602 political science & public administrationEconomics050207 economicsSECS-P/01 - ECONOMIA POLITICASettore SECS-P/01 - Economia Politicamedia_commonEuropean Parliament Election05 social sciencesEuropean Parliament Election; Open List; Close List; Voting Rules;European Parliament Election; Open List; Close List; Voting RulesClose List0506 political scienceEconomyPolitical economyInternational political economySettore SECS-P/03 - Scienza delle FinanzeVoting RulesFinance
researchProduct

Do we value mobility?

2015

Is there a trade-off between people's preference for income equality and income mobility? Testing for the existence of such a trade-off is difficult because mobility is a multifaceted concept. We analyse results from a questionnaire experiment based on simple precise concepts of income inequality and income mobility. We fnd no direct trade-off in preference between mobility and equality, but an indirect trade-off, applying when more income mobility can only be obtained at the expense of some income inequality. Mobility preference - but not equality preference - appears to be driven by personal experience of mobility.

Economics and EconometricsLabour economicsGeographic mobilityIncome EqualityEquality PreferenceIncome InequalityHC Economic History and Conditionsjel:N0HV Social pathology. Social and public welfare. CriminologyPreferenceMarginal DistributionIncome InequalityMarginal DistributionIncome EqualityEquality PreferenceIntergenerational MobilityEconomic inequalityIncome inequality metricsIncome distributionIntergenerational MobilityValue (economics)EconomicsSettore SECS-P/03 - Scienza delle FinanzeSocial Sciences (miscellaneous)Public financeSocial policy
researchProduct

Socioeconomic effects and the role of public spending decomposition on income mobility: a moderated regression model

2022

The aim of this paper is to investigate, empirically, what components of public spending imply a decreasing effect on income mobility, and what components create income opportunities, also discussing the role of government effectiveness. The role of the components of government expenditure is analysed in the association between intergenerational income mobility and socioeconomic characteristics, which are relevant for the life chances of children. Using the Global Database on Intergenerational Mobility, containing estimates of intergenerational income mobility at country level, and applying the moderated regression model, the results show strikingly consistent patterns. A country with more …

Economics and EconometricsSociology and Political ScienceSettore SECS-P/03 - Scienza Delle FinanzePolitical Science and International RelationsGovernment expenditure effectiveness · Income mobility · Moderator effect · Public spending · Socioeconomic effects
researchProduct

Can stability of foreign aid agreement reduce global income inequality?

2017

Abstract Global initiatives on debt relief call for increasing foreign aid assistance to alleviate income inequality. But the potential gains from foreign aid policy coordination may be limited by the willing participation of diverse and self-interested donor countries. If stability of the foreign aid agreement does not occur, then aid effectiveness fails. Thus, the aim of this paper is to investigate the effects of the stability of foreign aid agreement on income redistribution amongst countries. The findings show that stability has positive effects on income mobility from the rich to the poorest countries reducing global income inequality.

Economics and Econometricsmedia_common.quotation_subject05 social sciencesEconomics Econometrics and Finance (miscellaneous)Stability (learning theory)International economicsAid effectivenessForeign aidEconomic inequalityIncome inequality metricsIncome distributionSettore SECS-P/03 - Scienza Delle FinanzeDebtComputable general equilibrium model; Foreign aid; Global income inequality; Stability.0502 economics and businessComputable general equilibrium modelEconomicsGlobal income inequality050207 economicsRedistribution of income and wealthStability.050205 econometrics media_common
researchProduct

Un'analisi empirica degli effetti dell'efficienza della pubblica amministrazione sullo sviluppo delle reti di impresa in Italia.

2014

Efficienza reti di impresa pubblica amministrazione.Settore SECS-P/03 - Scienza Delle Finanze
researchProduct

Regulation Support to Industrial Clusters: A Cross-Country Analysis

2016

We empirically investigate the role of regulatory governance and industrial clusters to foster the country’s economic performance. Using the ordinary least-square (OLS) regression for a cross section of countries, including the 25 EU Member States, our findings show that the regulation governance has the strongest effects on the employment rate performing a buffering effect with the cluster development. An antagonist effect occurs for the other economic indicators.

EmploymentRegulatory GovernanceClusterSettore SECS-P/03 - Scienza Delle FinanzeIncomeClusters; Employment; Income; Labor Productivity; Regulatory GovernanceLabor ProductivitySettore SECS-P/06 - Economia Applicata
researchProduct

The Economics of Freedom. Theory, Measure and Policy Implications

2012

What is freedom? Can we measure it? Does it affect policy? This book develops an original measure of freedom called 'Autonomy Freedom', consistent with J. S. Mill's view of autonomy, and applies it to issues in policy and political design. The work pursues three aims. First, it extends classical liberalism beyond exclusive reliance on negative freedom so as to take autonomous behavior explicitly into account. Second, it grounds on firm conceptual foundations a new standard in the measurement of freedom that can be fruitfully coupled with existing gauges. Third, it shows empirically that individual preferences for redistribution and cross-country differences in welfare spending in Organisati…

Freedom Measurement of freedom Welfare state Liberalism Well-being Measurement of well-beingSettore SECS-P/03 - Scienza Delle FinanzeSettore SECS-P/01 - Economia Politica
researchProduct

Organized crime and public spending: a panel data analysis

2018

The aim of this paper is to investigate, empirically, what components of public spending imply a decreasing effect on organized crime and what components create opportunities for organized crime, discussing also the role of government efficiency. Using a panel data analysis, the results show a strikingly consistent pattern for the EU Member States. Organized crime mainly operates in the distribution of government spending for local public goods and public provision of private services. There is a decreasing effect on organized crime of the public expenditure devoted to education and social policy. Government efficiency in public spending is beneficial to limit the opportunities of the organ…

Government spendingGovernmentPublic economicsPublic expenditure05 social sciencesComputingMilieux_LEGALASPECTSOFCOMPUTINGPublic expenditurePublic goodGovernment efficiencyOrganized crimeSettore SECS-P/03 - Scienza Delle Finanze0502 economics and business050501 criminologyBusinessOrganised crime050207 economicsBusiness and International ManagementPanel data regressionGeneral Economics Econometrics and Finance0505 lawSocial policyPublic financePanel data
researchProduct