Search results for " finanze"
showing 9 items of 59 documents
CAN PUBLIC EDUCATION EXPENDITURE REDUCE THE SHADOW ECONOMY?
This paper empirically examines whether devoting more resources to education can reduce the size of the shadow economy on a cross-section of countries. The findings show a negative relationship between public education expenditure and the size of the shadow economy, which is robust to the inclusion of different proxies for the control variables, a large set of policy variables and regional differences. The findings also suggest that an increase in educational attainment can reduce the size of the shadow economy.
Regional financial development and bank competition: effects on firms' growth
2009
Fernandez de Guevara J. and Maudos J. Regional financial development and bank competition: effects on firms' growth, Regional Studies. This paper analyses the effect of regional financial development and bank competition on firms' growth using the Spanish provinces as a testing ground. The results show that firms in industries with a greater dependence on external finance grow faster in more financially developed provinces. The results also show that bank monopoly power has an inverted-‘U’ effect on firms' growth, suggesting that market power has its highest effect at intermediate values. The effect is heterogeneous among firms according to the financial dependence of the industry to which …
AN EMPIRICAL ANALYSIS OF THE PUBLIC SPENDING DECOMPOSITION ON ORGANIZED CRIME
2016
The aim of this paper is to investigate, empirically, what components of the public spending imply a decreasing effect on the organized crime and what components create opportunities for the organized crime, discussing also the role of government effciency. The findings show a strikingly consistent pattern. Organized crime mainly operates in the distribution of the public spending for health, housing and community amenities. There is a decreasing effect on organized crime of the public expenditure devoted to education and to create morality values, such as the expenditure for recreation, culture and religion. Finally, government efficiency in public spending is beneficial for reducing the o…
Socioeconomic determinants of persistence in poor subjective health
2012
This paper aims at contributing to the constantly growing literature on the dynamics of (self assessed) health. Using the eight waves of the Health and Retirement Study, targeting elderly Americans over the age of 50, we measure persistence in bad health using an index borrowed from the literature on persistent poverty. This new approach, which is totally non parametric in the way it defines the relationship (for each individual and along the time) among years of poor and not poor health, allows to catch some interesting links between the subjective health and several factors such as education, life styles and socioeconomic status that may have a long-lasting influence on an individual’s he…
L'attività normativa del governo nel periodo 2009-2012
2020
L’articolo descrive l’attività normativa del governo nel periodo 2009-2012. Sono stati numerosi gli sforzi nell’azione di contenimento della spesa, finalizzata a conseguire la correzione sostanziale e duratura dell’andamento dei conti pubblici. Altrettanto strategica è stata la politica di liberalizzazione, apparsa prioritaria per la crescita economica del Paese e perseguita attraverso importanti provvedimenti. The article describes the legislative and regulatory activity of Government in the period 2009-2012. There have been numerous efforts to contain the public expenditure, aimed at achieving the substantial correction of the trend in public finances. The liberalization policy was strate…