The article shows how the different methods of estimating the output gap lead to different results in terms of compliance with European constraints. In particular, with estimation methods other than that of the Commission, Italy would have already achieved a balanced budget structure.
Some indicators of performance of the Italian civil justice system are presented and discussed. Data for 2016, show how in the Southern courts the length of proceedings is notably higher than in the North, because of the backlog that weighs on courts. A performance indicator (clearance rate), however, does not show a divide between North and South. Furthermore, courts performance is neither related to shortages in judges organigramme, nor to litigation rates.
Negli ultimi anni l’austerità ha depresso l’economia italiana e fatto crescere il debito pubblico. L’Italia sta per varare ora una politica più espansiva e, secondo l’analisi di Pasquale Tridico e Giacomo […]
Il crollo del ponte Morandi di Genova sul piano economico è di facile lettura, anche grazie ai testi di uno specialista della tematica come Giorgio Ragazzi, autore del […]
This work focuses on evaluating the efficiency of twenty-five of the biggest public universities in Italy through the use of Data Envelopment Analysis. The performance examined data from 2006 to 2013, and was evaluated through a model consisting of an input (current spending) and three outputs (the students, the research funding, the third mission).
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Evidence indicates that the tightening of restrictive policies experienced in Italy after 2010/11 did not lead to fiscal consolidation, while they contributed to increase debt-to-GDP ratio by curbing aggregate demand. Particularly, budget cuts occurred in health and education. On the contrary, we argue that expansionary measures may lower the debt ratio by increasing real output.
During the last decades, there has been a considerable decline in the wage share in both developed and developing countries. This paper provides a theoretical and empirical investigation on the relationship between the redistribution of income in favour of wages and economic growth. The analysis deepens the effects of a change in the wage share on aggregate demand in Italy. The policy conclusions of the paper question the effectiveness of the current wage moderation strategies, especially implemented in Italy, suggesting the adoption of redistributive policies aiming at stimulating the growth of the economic system.
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