if this message does not display correctly, click here | Table of Contents Luisa Corrado, University of Rome Tor Vergata Department of Economics and Finance
Stefano Grassi, University of Rome, Tor Vergata, Faculty of Economics, Department of Economics and Finance
Edgar Silgado-Gómez, University of Rome Tor Vergata Vincenzo Atella, University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS), Department of Economics and Finance, University of Rome Tor Vergata - Faculty of Economics
Federico Belotti, University of Rome Tor Vergata - Department of Economics and Finance, University of Rome, Tor Vergata - Centre for Economics and International Studies (CEIS)
Daejung Kim, affiliation not provided to SSRN
Dana Goldman, University of Southern California - Schaeffer Center for Health Policy and Economics
Tadeja Gracner, RAND Corporation
Andrea Piano Mortari, CEIS Tor Vergata
Bryan Tysinger, University of Southern California - Schaeffer Center for Health Policy and Economics Germana Corrado, University of Rome, Tor Vergata - Department of Management and Law
Luisa Corrado, University of Rome Tor Vergata Department of Economics and Finance
Francesca Marazzi, CEIS, University of Rome Tor Vergata | |
CEIS: CENTRE FOR ECONOMIC & INTERNATIONAL STUDIES
Furio Camillo Rosati - Director "The Macroeconomic Effects of Aerospace Shocks" 
CEIS Working Paper No. 503 LUISA CORRADO, University of Rome Tor Vergata Department of Economics and Finance
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STEFANO GRASSI, University of Rome, Tor Vergata, Faculty of Economics, Department of Economics and Finance
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EDGAR SILGADO-GÓMEZ, University of Rome Tor Vergata
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As major future space explorations are firmly rooted in the US government agenda, research into the macroeconomic impact of a space mission is still scarce. This paper tries to fill the existing gap by building a narrative of the aerospace structural shocks to assess their macroeconomic effects. The main finding is that almost all the publicly funded space missions significantly and persistently raise real GDP, while this is not the case in the private narrative. We conclude that the latest events, while important from the perspective of private investors, do not reflect yet the milestone achievements carried out under government-driven space activity. "The Future of the Elderly Population Health Status: Filling a Knowledge Gap"
CEIS Working Paper No. 504 VINCENZO ATELLA, University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS), Department of Economics and Finance, University of Rome Tor Vergata - Faculty of Economics
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FEDERICO BELOTTI, University of Rome Tor Vergata - Department of Economics and Finance, University of Rome, Tor Vergata - Centre for Economics and International Studies (CEIS)
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DAEJUNG KIM, affiliation not provided to SSRN
DANA GOLDMAN, University of Southern California - Schaeffer Center for Health Policy and Economics
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TADEJA GRACNER, RAND Corporation
ANDREA PIANO MORTARI, CEIS Tor Vergata
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BRYAN TYSINGER, University of Southern California - Schaeffer Center for Health Policy and Economics
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The ageing process in OECD countries calls for a better understanding of the future disease prevalence, life expectancy and patterns of inequalities in health outcomes. In this paper we present the results obtained from several dynamic microsimulation models of the Future Elderly Model (FEM) family for thirteen OECD countries, with the aim of reproducing for the first time comparable longterm trends in individual health status across OECD. The FEM is a multi-risk multi-morbidity dynamic microsimulation model to project health status and health demand. Given the dynamic structure of the model, we allow individual health status to evolve over time according to individual characteristics. Our model provides forecasts of the evolution of life expectancy and prevalences of major chronic conditions and disabilities, overall, by gender and by education. We find a catch-up of the considered European countries main chronic conditions prevalence with the US and a relevant and persistent educational gradient in the health status of elderly patients. Our findings represent a valid contribution to support policy makers in designing and implementing effective interventions in the healthcare sector. "Corruption Bias and Information: A Study in the Lab"
CEIS Working Paper No. 505 GERMANA CORRADO, University of Rome, Tor Vergata - Department of Management and Law
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LUISA CORRADO, University of Rome Tor Vergata Department of Economics and Finance
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FRANCESCA MARAZZI, CEIS, University of Rome Tor Vergata
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Our study examines whether actual corruption, measured by individuals direct experience of corruption episodes (bribery), matches their perceptions of the phenomenon. Our experimental participants play a repeated public good game with mandatory minimum contribution and are given the possibility to bribe a computerized bureaucrat in order to free-ride. We elicit beliefs about the perceived level of corruptibility of the bureaucrat and others' corruption attempts. We study participants' willingness to corrupt and the gap between perceived and actual corruption under two information conditions. Results show that, although anonymous, spreading news about an attempt of corruption is enough to discourage such attempts, lowering the corruption rate. Consequently, when receiving no information, participants expect others to corrupt more, raising the index of perceived corruption. | | ^top
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