News & Events
2015 - n° 79
This paper provides some initial results of long-term trends in economic inequality in Catalonia from 1400-1800 ca. These first findings show that the evidence collected for Catalonia matches quite well with some hypotheses suggested previously in the literature. Namely, the high inequality levels prevalent across pre-industrial Europe; an inequality gradient that linked urban, more populated, and wealthier communities with greater inequality and vice versa; and the importance of the trends followed by the share owned by the wealthy as good predictors of economic inequality trends. However, at this stage, one of the most appealing propositions—the idea that economic inequality grew for the whole of Europe during the early-modern period, shaping a long left side of a “super Kuznets curve”—does not seem to be fully confirmed for Catalonia. From the mid-17th century, inequality growth seems to go hand-in-hand with growth in per capita GDP. In earlier periods, though, the inequality trend seems to be unrelated to economic growth and even, during the second half of the 16th century, there is some evidence of inequality decline coupled with economic growth.
Keywords: Economic inequality; social inequality; wealth distribution; income distribution; middle ages; early modern period; Catalonia; Spain
2010 - n° 30
In this paper we examine how the use of Web 2.0 tools (such as Wikis, Blogs, Social Networking) might provide a digital foundation for a Transactive Memory System (TMS). TMS facilitate knowledge sharing and retrieval processes in groups by the use of a well-maintained knowledge directory. The theory of TMS explains how it is that a group appears to have a group mind and research shows that a well functioning TMS improves group performance. Web 2.0 software embeds data about authors, interested parties and related information into the content created in these tools, constituting essentially a knowledge directory which can be used to locate knowledge seekers or advise them of content they may be interested in. Consequently, the use of Web 2.0 tools may improve knowledge absorption and utilisation by supporting TMS. This is a conceptual paper, which seeks to provide a link between Web 2.0 and TMS and, by implication, enhancement in the functioning of groups and organisations.
Keywords: transactive memory systems,TMS,social software,Web 2.0,collective learning,knowledge sharing,knowledge management
2021 - n° 143
We here address the causal relationship between maternal depression and child human capital using UK cohort data. We exploit the conditionally-exogenous variation in mothers’ genomes in an instrumental-variable approach, and describe the conditions under which mother’s genetic variants can be used as valid instruments. An additional episode of maternal depression between the child’s birth up to age nine reduces both their cognitive and non-cognitive skills by 20 to 45% of a SD throughout adolescence. Our results are robust to a battery of sensitivity tests addressing, among others, concerns about pleiotropy and the maternal transmission of genes to her child.
2009 - n° 24
We suggest a new comprehensive measure of support given through tax-benefit systems to families with children. Using microsimulation techniques, this accounts for all provisions contingent on the presence of children, while usually only gross child/family benefits are considered. We use EUROMOD, the European Union tax-benefit microsimulation model, to quantify the support for children and analyse its impact on household incomes and child poverty for 19 countries. We find that the conventional approach underestimates on average the total amount of support for children by about one fifth. Furthermore, the differences between the two measures vary considerably across countries and are, therefore, critical for cross-national comparisons.
Keywords: children,taxes and cash benefits,child poverty,European Union,microsimulation
2015 - n° 73
ABSTRACT
Nell'ambito delle ricerche di storia economica, l'area lucchese appare relativamente trascurata dalla più recente storiografia italiana ed in particolare toscana. A parte indagini a carattere principalmente politico o demografico, il ricco patrimonio documentario conservato negli archivi lucchesi è stato fino ad oggi solo parzialmente sfruttato.
Questa ricerca intende apportare nuovi dati e riflessioni inedite al dibattito che vede lo studio della disuguaglianza nella distribuzione della ricchezza come questione chiave nell’analisi dello sviluppo economico nel lungo periodo. Attraverso i dati rintracciabili negli estimi trecenteschi e cinquecenteschi e nel Catasto guinigiano dei primi anni del Quattrocento, fonti fiscali che si sono già dimostrate ottimi strumenti per misurare i livelli di ricchezza della popolazione censita e ricostruirne i trend macroeconomici di concentrazione, si cercherà di fornire un primo quadro d’insieme della distribuzione della proprietà nel contado della città della seta. Particolare attenzione sarà prestata anche al possibile impatto della Peste Nera che, stando alla storiografia più recente, pare aver determinato una lunga fase di declino nella disuguaglianza conclusasi solo attorno alla seconda metà del XV secolo.
The area of Lucca seems relatively neglected by the most recent Italian economic historiography. Apart from research primarily devoted to political or demographic issues, some of which date back several decades, the rich documentary patrimony preserved in the archives of Lucca was until now only partially exploited. This paper aims to provide new data and reflections to the debate which sees the study of the inequality in the distribution of wealth as a key issue in the analysis of economic development in the long run. By using the data recorded by some fiscal registers (the estimi of the fourteenth and sixteenth centuries and the catasto guinigiano of the early fifteenth century), a kind of source which already proved to be an excellent tool to measure the levels of wealth of the surveyed population and to reconstruct its macroeconomic trends of concentration, we will try to provide a first overview of the distribution of property in the countryside of the city of silk. A particular attention will be paid also to the possible impact of the Black Death which, according to the most recent literature, seems to have led to a long period of decline in inequality ended only around the second half of the fifteenth century.
Keywords: economic inequality; social inequality; wealth concentration; middle ages; early modern period; Tuscany; Italy; Lucca; plague; Black Death
2016 - n° 92
In 2011, Italy introduced board gender quotas in listed companies. Comparing within firms before-after reform changes, we document that quotas are associated with a higher share of female board directors, with higher levels of education of board members and a lower share of elderly members. We then use the reform period as an instrument for the share of female directors and find no significant impact on firms’ performance. Interestingly, we find that the share of female directors is associated to a lower variability of stock market prices. We also run event studies on the stock price reaction to the introduction of gender quotas. A positive effect of the quota law on stock market returns emerges at the date of board’s election. Our results are consistent with gender quotas inducing a beneficial renovation of the board, which is positively received by the market.
Keywords: education,age,. financial markets
2014 - n° 64
ABSTRACT
This paper investigates the short-term effects on achievement, study behaviours and attitude of an intervention providing extra instruction time to students in lower secondary schools in southern Italy. We use a difference-in-differences strategy and compare two contiguous cohorts of students enrolled in the same class for two consecutive years. We control for sorting of students and teachers across classes using the fact that, due to a recent reform, the group of teachers assigned to each class is stable over time. We find that the programme increased performances in mathematics but found no effect for Italian language test scores; the programme increased positive attitudes towards both subjects. We investigate the heterogeneity of the effects focusing on the gender dimension and find that boys and girls react differently to the intervention: girls use the extra instruction time as a complement to regular home study, while boys use it as a substitute.
2017 - n° 111
We study the educational choices of children of immigrants in a tracked school system. We first show that immigrant boys in Italy enroll disproportionately into vocational high schools, as opposed to technical and academically-oriented high schools, compared to natives of similar ability. Immigrant girls, instead, choose similar schools as native ones. We then estimate the impact of a large-scale, randomized intervention providing tutoring and career counseling to high-ability immigrant students. Male treated students increase their probability of enrolling into the high track to the same level of natives, also closing the gap in terms of grade retention. There are no significant effects on immigrant females, who exhibit similar choices and performance as native ones in absence of the intervention. Increases in academic motivation and the resulting changes in teachers’ recommendation regarding high school choice explain a sizable portion of the effect, while the effect of increases in cognitive skills is negligible. Finally, we find positive spillovers on immigrant classmates of treated students, while there is no effect on native classmates.
Keywords: tracking,career choice,immigrants,aspirations,mentoring
2016 - n° 90
In this paper, we exploit pension reform-induced changes in retirement eligibility requirements to assess the role of grandparental child care availability in the employment of women who have children under 15. We focus on Italy for two reasons: first, it has low rates of female employment and little formal child care provision, and second, it has undergone several pension reforms in a relatively short time span. Our analysis shows that, among the women studied, those whose own mothers are retirement eligible have a 13 percent higher probability of being employed than those whose mothers are ineligible. The pension eligibility of maternal grandfathers and paternal grandparents, however, has no significant effect on the women’s employment probability. We also demonstrate that the eligibility of maternal grandmothers mainly captures the effect of their availability for child care. Hence, pension reforms, by potentially robbing households of an important source of flexible, low-cost child care, could have unintended negative consequences for the employment rates of women with children.
Keywords: grandparental child care,maternal employment,pension reform,retirement
2007 - n° 1
The discussion on the causes of the most recent fertility decline in Europe, and in particular on the emergence of lowest low fertility, emphasizes the relevance of cultural factors as compared to economic ones. Within such framework, the heterogeneity of preferences concerning the career vs. family dichotomy has been systematized in the Preference Theory approach developed by Catherine Hakim. This heterogeneity, however, has been so far underinvestigated in a comparative framework. This paper makes use of new comparative data from the 2004/05 Round of the European Social Survey to test the links between individual-level preferences and both fertility outcomes and fertility intentions, in a variety of societal settings. Results confirm an association between work-family lifestyle preferences and realized fertility in a variety of European countries, while they do not support the relevance of lifestyle preferences on fertility intentions.
Keywords: preference theory,low and lowest low fertility,Europe,European Social Survey,welfare regime