Archivio istituzionale della Ricerca - Bocconi
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Citizen-Centered Public Service Design in Agile Digital Transformation: Insights from Public Mobility Services
No full textThe aim of this study is to highlight the critical role of human-centered design approach as a foundational element in the agile digital transformation of public service design. Grounded in service‐design principles and public‐service logic, it analyses how agencies adopt agile practices and involve stakeholders in co‐design of disrupted municipal public mobility services during Covid 19. Combining a citizen survey, co-design workshops with officials and user representatives in an Italian city, we find that iterative, participatory cycles help close gaps between service demand and user satisfaction when organizations remain adaptable, stakeholders stay engaged, and technology is aligned with user needs. The findings provide actionable insights for policymakers and practitioners aiming to enhance the usability and effectiveness of public services while contributing to broader discussions on sustainable, citizen-centric governance
Mean group instrumental variable estimation of time-varying large heterogeneous panels with endogenous regressors
No full textThe large heterogeneous panel data models are extended to the setting where the heterogenous coefficients are changing over time and the regressors are endogenous. Kernel-based non-parametric timevarying parameter instrumental variable mean group (TVP-IV-MG) estimator is proposed for the timevarying cross-sectional mean coefficients. The uniform consistency is shown and the pointwise asymptotic normality of the proposed estimator is derived. A data-driven bandwidth selection procedure is also proposed. The finite sample performance of the proposed estimator is investigated through a Monte Carlo study and an empirical application on multi-country Phillips curve with time-varying parameters
Using narrative disclosures to predict tax outcomes
No full textWe examine whether narrative discussion in financial disclosures can help corporate stakeholders
better predict tax outcomes. To measure qualitative discussion, we use topic modeling analysis to
create measures of the thematic content of 10-K disclosures. We find that qualitative discussion
in financial disclosures can substantially improve prediction of tax outcomes in in- and out-ofsample
tests. We also find that prediction-relevant discussion is distributed throughout the 10-K,
supporting that disclosures should be analyzed holistically rather than examining only limited
pieces of larger disclosures. Further, we find that analysts often do not use this information
effectively, resulting in predictable and economically meaningful forecast errors. These findings
empirically illustrate the wealth of qualitative information in 10-K disclosures for stakeholders
concerned about tax outcomes and offer a practical approach to examining qualitative disclosures
and using them to predict tax outcomes
Immigration and development: German-speaking agricultural settlers in the kingdom of Hungary
No full textAfter prolonged warfare between the Habsburg and Ottoman Empires, German- speaking immigrants helped repopulate newly conquered Hungarian lands during the 18th century. Exploiting spatial variation across more than four thousand villages in regions subject to resettlement and German immigration, we find that proximity to 18th-century German settlements predicted higher farm productivity until the early 20th century. Consistent with historical accounts, we explain this persistent productivity effect with the higher human capital and intensive agrarian specialization of German farmers. Development gains from German immigration diffused slowly and only locally, driven by the limited geographical dispersion of Germans, not by inter-ethnic knowledge transmission
L’uso della forza armata tra teoria e prassi: un’analisi comparata
No full textIl contributo analizza, in chiave comparata, la discrasia tra teoria e prassi quanto al ruolo delle assemblee rappresentative in relazione ai processi decisionali concernenti l’uso della forza armata, intesa in senso lato. L’aspirazione a un loro effettivo coinvolgimento nel circuito decisionale si scontra, nella pratica, con la preminenza degli esecutivi; in effetti, ragioni di opportunità politica o di urgenza continuano a far premio su riforme costituzionali, legislative e convenzioni costituzionali, finalizzate a valorizzare la partecipazione assembleare