News & Events
2020 - n° 140 14/10/2020
We empirically investigate the existence of the Environmental Kuznets Curve (EKC) focusing on a sample of 39 countries in the period 1996-2014. Using an interaction model, we also analyze whether the effectiveness of environmental taxes in reducing CO 2 emissions depends on the quality of political institutions. Our results show that the inverted U-shaped relationship between environmental stress and economic development holds independently of the quality of political institutions and environment related taxes. Moreover, an increase in the environmental tax revenue has the expected reducing effect on environmental degradation only in countries with more consolidated democratic institutions, higher civil society participation and less corrupt governments. Our findings also show that the effects on environmental stress of revenue neutral shifts to different tax sources depend not only on the quality of political institutions, but also on the kind of externality the policymaker aims at correcting.
2010 - n° 28 28/05/2020
As unemployment rises across the European Union (EU) it is important to understand the extent to which the incomes of the new unemployed are protected by tax-benefit systems and to assess the cost pressures on the governments. This paper uses the EU tax-benefit model EUROMOD to explore these issues, comparing effects in five countries. It provides evidence on the differing degrees of resilience of the household incomes of the newly unemployed due to the variations in the protection offered by the tax-benefit systems, according to whether unemployment benefit is payable, the household situation of the unemployed person, and across countries.
Keywords: unemployment,economic crisis,European Union,household income,microsimulation
2014 - n° 67 28/05/2020
ABSTRACT
This paper studies a collection of data on economic inequality in fifteen towns in the Southern and Northern Low Countries from the late Middle Ages until the end of the nineteenth century. By using a single and consistent source type and adopting a uniform methodology, it is possible to study levels of urban economic inequality across time and place comparatively. The results indicate a clear growth in economic inequality in the two centuries prior to the industrial revolution and the onset of sustained economic growth per capita. The general occurrence of this rise throughout regions with dissimilar economic trajectories contradicts the existence of a straightforward trade-off between growth and inequality as conjectured by Simon Kuznets (1955). Instead, the results presented lend support to the ‘classical’ economists’ explanation of inequality as the consequence of a changing functional distribution of income favouring capital over labour in the long run.
Keywords: income inequality,pre-industrial,economic growth,super Kuznets curve
2014 - n° 70 28/05/2020
ABSTRACT
This paper provides an overview of economic inequality in the Florentine State (Tuscany) from the late fourteenth to the late eighteenth century. Regional studies of this kind are rare, and this is only the second-ever attempt at covering such a long period. Consistent with recent research conducted on other European areas, during the Early Modern period we find clear indications of a tendency for economic inequality to grow continually, a finding that for Tuscany cannot be explained as the consequence of economic growth. Furthermore, the exceptionally old sources we use allow us to demonstrate that a phase of declining inequality, lasting about one century, was triggered by the Black Death from 1348 to 1349. This finding challenges earlier scholarship and significantly alters our understanding of the economic consequences of the Black Death. We also take into account other important topics, such as the change over time of the patrimony of the Church and of poverty. Particular attention is paid to the latter, and estimates of the prevalence of the poor in time and space are provided and discussed, also taking into account the definition and perception of the poor.
Keywords: economic inequality; social inequality; wealth concentration; middle ages; early modern period; Tuscany; Florentine State; Italy; plague; Black Death; Church property; poverty; Florence; Prato; Arezzo; San Gimignano
2014 - n° 61 28/05/2020
ABSTRACT
This article provides a comprehensive picture of economic inequality in northwestern Italy (Piedmont), focusing on the long-term developments occurring from 1300 to 1800 ca. Regional studies of this kind are rare, and none of them has as long a timescale. The new data proposed illuminate many little-known aspects of wealth distribution and general economic inequality in preindustrial times, and support the idea that during the Early Modern period, inequality grew everywhere: both in cities and in rural areas, and independently from whether the economy was growing or stagnating. This finding challenges earlier views that explained inequality growth as the consequence of economic development. The importance of demographic processes affecting inequality is underlined, and the impact of severe mortality crises, like the Black Death, is analyzed.
Keywords: economic inequality; social inequality; wealth concentration; middle ages; early modern period; Piedmont; Sabaudian States; Italy; plague; Black Death
2017 - n° 110 28/05/2020
This paper provides an overview of economic inequality in Germany from the fourteenth to the nineteenth centuries. It represents the first attempt at reconstructing long-term trends in wealth inequality in a central European area. It builds upon the data produced by the German Historical School, which from the late nineteenth century pioneered inequality studies, but also adds new archival information for selected communities and areas. Overall during the early modern period inequality was found to be increasing, as seems to have been the case in most of the European continent, but with an important local specificity: the terribly destructive Thirty Years’ War (1618-48), together with the plague epidemic of 1627-29, are found to have caused a temporary but significant phase of reduction in inequality. This is in stark contrast to other European areas for which information is available, from Italy to the Low Countries, where during 1500-1800 inequality growth was monotonic. Some evidence of a drop in inequality is also found after the Black Death of 1348-49, but in at least part of Germany inequality growth seems to have resumed immediately after that plague. Our findings contribute to deepen and to nuance our knowledge of long-term inequality trends in preindustrial Europe, and offer new material to current debates on the determinants of inequality change in western societies, past and present.
Keywords: Economic inequality; social inequality; wealth concentration; middle ages; early modern period; Germany; central Europe; plague; war; Black Death; Thirty Years’ War; poverty
2019 - n° 121 28/05/2020
Proportional electoral rules favour the election of women with respect to majoritarian ones. This is consistent with the fact that in majoritarian systems personal exposure of the candidate is more relevant than in proportional systems and that women tend to be averse to such exposure. To test the effects of electoral rules on women’s representation and the quality of politicians, we collect panel data on the universe of Italian politicians from all levels of government over the period 1987-2013 and analyse an Italian reform which, in 2005, changed the electoral rule for national elections from (mostly) majoritarian to proportional, but did not affect subnational level elections. We find that this reform increased the number of women elected, while not decreasing the quality of politicians. We provide evidence of a negative selection effect under proportional rules: the elected women are not the best candidates and the quality of elected politicians could have increased (rather than remain constant) if the best female candidates had been elected. Our results are stronger in gender traditional regions, suggesting that culture matters in terms of how electoral rules affect female political representation.
Keywords: Electoral reforms,Majoritarian,Proportional,Electoral Competition,Political Selection,Difference-in-Differences.
His focus on research on topics related to public economics, cultural economics and health economics.