1,721,029 research outputs found
A direct approach to the estimate of grey water footprint of cattle grazing in karst environment: key indicators from the Terminio Mount (southern Italy)
No full text
Tax Evasion, Investment Shocks, and the Consumption Puzzle: A DSGE Analysis with Financial Frictions
No full textRecent studies identify Marginal Efficiency of Investment (MEI) shocks
as important drivers of the business cycle. However, Dynamic Stochastic
General Equilibrium (DSGE) models struggle to explain macroeconomic
co-movements between consumption and key real variables after a MEI
shock. In that context, this paper aims to investigate the role of tax eva-
sion, given its far from negligible e¤ects on key macroeconomic variables.
Moreover, engaging in tax evasion practices is often an answer to finan-
cial constraints, which have been recognized as important determinants of
cyclical fluctuations. We use a medium-scale New Keynesian DSGE model
that combines tax evasion with financial frictions à la Bernanke, Gertler,
and Gilchrist (1999) to simulate a MEI shock. Our contribution shows
that entrepreneurial tax evasion can solve the co-movement problem to a
fair extent
Tax evasion and financial accelerator: A corporate sector analysis for the US business cycle
No full textThis paper investigates the consequences of willful tax noncompliance in the US corporate sector on the business cycle when financial frictions operate. In this setting, we simulate a risk shock that propagates its effects in the credit channel via a financial accelerator mechanism. In addition to emphasizing the role of tax evasion as a self-financing mechanism, the paper provides a twofold result, producing nonnegligible consequences for business cycle analysis. First, conditioned on risk shock, tax evasion strengthens the effects of the financial accelerator and amplifies macroeconomic fluctuations considerably. Second, endogenous tax evasion dynamics generates a reallocation of resources from productive to consumption uses over the business cycle
Fattori socioeconomici e divari nel consumo di acqua in bottiglia tra il Nord e il Sud Italia
No full textThe increase in bottled water consumption in Europe, despite the high quality of tap water, raises important issues about consumer behavior and their choices regarding water use. Particularly, Italy stands out for one of the highest per capita bottled water consumption rates in Europe. This phenomenon claims for a more comprehensive analysis, especially in less developed regions, and significant efforts in infrastructure modernization, including those provided by the National Recovery and Resilience Plan (NRRP). This study aims to examine bottled water consumption patterns at the national level and analyze regional differences, considering variations in infrastructure levels. This descriptive framework allows us to identify potential regional disparities in drinking water supply, which could differently influence bottled water consumption across different areas. Then, using data from the Italian Multipurpose Household Survey by ISTAT from 2014 to 2020, we explore the impact of economic and socio-demographic factors on bottled water consumption, to identify geographical specificities and the main factors shaping consumer preferences. Findings indicate that the local economic context has a differentiated impact on bottled water consumption, which responds differently on a territorial basis to factors such as service levels, trust in institutions, perceived qualitative characteristics of water resources, and economic conditions of households
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Full text link“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Voci pugliesi della narrativa neodialettale contemporanea (su Idda di M. Marzano e La battuta perfetta di C. D'Amicis)
No full textIl contributo analizza l'uso del dialetto nei romanzi "Idda" di Michela Marzano e "La battuta perfetta" di Carlo D'Amicis; nel primo il salentino viene utilizzato come lingua del ricordo e degli affetti (l'autrice, come la protagonista della storia, vive in Francia ormai da molti anni), nel secondo invece l'autore di Sava (prov. di Taranto) sceglie il dialetto di Matera per raccontare le vicissitudini di Canio u diavelucchie, compiendo un'operazione assai riuscita di imitazione dialettale di una varietà da parte di un non nativo
Appropriate Similarity Measures for Author Cocitation Analysis
Full text linkWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
Banking crises and business cycle: evidence for Italy (1861-2016)
No full textL'articolo ha vinto il premio LITERATI AWARDS 2020Abstract
Purpose – This paper aims to focus on the banking crises recorded in Italy in the period 1861-2016
and to propose a novel classification based upon the timing of the crisis with respect to the business
cycle.
Design/methodology/approach – A simple and objective rule to distinguish between slowdown and
inner-banking crises is introduced. The real impact of banking crises is evaluated by integrating the narrative
approach with an empirical vector autoregression analysis.
Findings – First, banking crises are not always associated to economic downturns. Especially in Italy, (but
this analysis can be easily extended to other countries), they have often limited their negative effects within
the financial system (“inner” crises). Second, the simultaneity of macroeconomic effects (credit contraction and
GDP recession) leave the causal link undetermined. Third, the empirical and narrative analyses performed
testify that boom–bust mechanisms are an exception in the panorama of (Italian) banking crises; although
when the economy experiences such episodes, the economic and social consequences are not only severe but
also enduring.
Research limitations/implications – To classify historically recognized banking crisis episodes,
the authors look at credit and GDP dynamics (and their ratio) around crisis years. Relying on a single
definition of crisis is avoided. The classification provides an empirical rule to determine in what way
banking crises differ. The classification is mostly based on the synchronization with the business cycle
and, using the documented evolution of macroeconomic aggregates, it permits to highlight the fact that
a variety of interactions occur between financial and real aggregates during and around banking
crises.
Originality/value – As to the concept of systemic banking crisis, a qualitative judgment is often adopted
to select relevant episodes, thus confirming the absence of a quantitative rule in classification criteria
(Chaudron and de Haan, 2014). This paper proposes a simple and objective rule to distinguish between
slowdown and inner-banking crises; the former occur close to a GDP contraction, whereas the latter appear to
spread their effects with no substantial evidence of output loss.
JEL classification – E32, E44, N13, N1
- …
