Search results for "Discretion"
showing 10 items of 65 documents
Attività vincolata dell’amministrazione e sindacato giurisdizionale
2020
This paper aims the administrative judge’s powers of inquiry in the administrative act in the light of art. 21-octies of l. n. 241/1990 and art. 31 and 34 of the Administrative Process Code, and also in the light of administrative jurisprudence. The purpose is to verify if these rules represent a limit to the Supreme Court’s thesis, about a new line of division between the jurisdictions’ areas of interest based not on the existence of public power, but on its discretionary nature.
The Taylor Rule and the Practice of Central Banking
2010
The Taylor rule has revolutionized the way many policymakers at central banks think about monetary policy. It has framed policy actions as a systematic response to incoming information about economic conditions, as opposed to a period-by-period optimization problem. It has emphasized the importance of adjusting policy rates more than one-for-one in response to an increase in inflation. And, various versions of the Taylor rule have been incorporated into macroeconomic models that are used at central banks to understand and forecast the economy. This paper examines how the Taylor rule is used as an input in monetary policy deliberations and decision-making at central banks. The paper characte…
Fiscal policy discretion, private spending and crises episodes
2011
In this paper, we assess the impact of fiscal policy discretion on economic activity in the short and medium-term. Using a panel of 132 countries from 1960 to 2008, we find that fiscal policy discretion provides a net stimulus to the economy in the short-run and crowding-in effects are amplified once crisis episodes are controlled for– in particular, banking crises - giving a great scope for fiscal policy stimulus packages. However, crowding-out effects take over in the long-run – especially, in the case of debt crises -, in line with the concerns about long-term debt sustainability.
Opportunities and challenges of digitized discretionary practices: a public service worker perspective
2018
Abstract Public service workers exercise discretionary power during policy implementation. Due to an immense diffusion of information and communications technology (ICT) in public service provision, they are increasingly exposed to reforms aiming at more efficient and fair decision-making. Whereas extant literature has found that ICT can both enable and constrain public service workers' ability to exercise discretion, we know less about underlying explanations for these inconclusive findings. This paper addresses this research gap by exploring how and why public service workers react to digitized discretionary practices. We draw upon institutional logics to show the underlying consideration…
La mobilità volontaria nel Pubblico Impiego: margini di discrezionalità dell'Amministrazione di destinazione
2022
Il contributo, a partire da una recente pronuncia del Tribunale di Catanzaro, affronta la questione dei margini di discrezionalità della pubblica amministrazione reclutante nei procedimenti di mobilità individuale volontaria ex art. 30 d.lgs. n. 165/2001, con specifico riferimento alla fase di valutazione delle competenze professionali dei candidati. Ciò offre l’occasione per soffermarsi sulla natura dell’istituto, anche alla luce dei più recenti approdi legislativi in materia.
Fiscal Policy Discretion, Private Spending, and Crisis Episodes
2011
In this paper, we assess the impact of fiscal policy discretion on economic activity in the short and medium-term. Using a panel of 132 countries from 1960 to 2008, we find that fiscal policy discretion provides a net stimulus to the economy in the short-run and crowding-in effects are amplified once crisis episodes are controlled for– in particular, banking crises - giving a great scope for fiscal policy stimulus packages. However, crowding-out effects take over in the long-run – especially, in the case of debt crises -, in line with the concerns about long-term debt sustainability.
Monetary Policy Rules: From Adam Smith to John Taylor
2012
We describe, through the lenses of history, the intellectual origins of the Taylor rule. The Taylor rule was an important component of the transformation that swept through the monetary policy landascape in a remarkable few years following the abandonment of monetary targeting. In this long paper we provide an original overview of the long-dated debate on rules vs discretion in monetary policy, ever since Adam Smith and the monetary controversies of the XIX century. We then analyse in greater detail the debates in the interwar years (Wicksell, Keynes, Cassel, Simons, Fisher) and the debates in the 1950s and 1960s (Phillips, Friedman, the rational expectation hipothesis) and how these debate…
The distribution of sodium within cooked food and sodium interactions with the matrix depends on both food matrices and salting practices
2021
The quantitative maps results show that the sodium distribution is more heterogeneous in the carrot salted after cooking than in the carrot salted during cooking The salt diffusion during 5 hours after the 20 minutes of cooking for cooked carrot either salted during cooking or salted after cooking show an homogenization of the sodium
La ���circoscritta (e puntellata) area��� di incostituzionalit�� dell���art. 580 c.p. fra self-restraint della Corte costituzionale e perdurante iner…
2020
With the decision on the ���Cappato case��� the Constitutional Court did not create the right to medically assisted suicide, which, moreover, the constitutional order does not contemplate, but only identified a ���circumscribed area��� of unconstitutionality of art. 580 of the Italian Criminal Code, supporting it with regulatory and procedural props. In this way, the Court demonstrated its self-restraint respectful of Parliament���s discretion and underlined the persistence of the need for legislative intervention in such a sensitive matter.
Integrated reporting: The mediating role of the board of directors and investor protection on managerial discretion in munificent environments
2018
Is there a relationship between managerial discretion in munificent environments and the propensity to disclose an integrated reporting? Is this relationship contingent on the board of directors and investor protection? For an international sample for 2006–2014, this paper supports the assertion that managers are more able to extract superior perquisites when the level of accumulated cash holding is higher; that is, in munificent contexts. Because of the greater managerial discretion in these contexts, managers show a lower incentive to disclose voluntary information through an integrated report, which decreases the firm's transparency. Nonetheless, the board of directors and the level of i…