ERN CEIS: Centre for Economic & International Studies Working Paper Series, Vol. 22 No. 1, 04/29/2024


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  • Subject: ERN CEIS: Centre for Economic & International Studies Working Paper Series, Vol. 22 No. 1, 04/29/2024
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Title: CEIS: Centre for Economic & International Studies Working Paper Series :: SSRN

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Table of Contents

Leonardo Becchetti, University of Rome Tor Vergata - Faculty of Economics
Gianluigi Conzo, University of Rome Tor Vergata - Department of Economics and Finance

Marianna Brunetti, Dept. Economics and Finance, University of Rome Tor Vergata, CEFIN
Annalisa Fabretti, University Tor Vergata - Economia
Mariangela Zoli, University of Rome Tor Vergata

Gianluca Cubadda, University of Rome Tor Vergata - Department of Economics and Finance
Stefano Grassi, University of Rome Tor Vergata
Barbara Guardabascio, University of Perugia

Enzo Brox, University of Konstanz - Department of Economics
Riccardo Di Francesco, University of Rome Tor Vergata - Department of Economics and Finance

Lisa Capretti, University Tor Vergata - Economia
Joanna Kopinska, Sapienza University of Rome - Dipartimento di Scienze Sociali ed Economich, University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS)
Rama Dasi Mariani, University of Rome Tor Vergata
Furio C. Rosati, University of Rome Tor Vergata - Faculty of Economics


CEIS: CENTRE FOR ECONOMIC & INTERNATIONAL STUDIES
Furio Camillo Rosati - Director

"The Wind of Populism: Voter Turnout and Political Distance" Free Download
CEIS Working Paper No. 569

LEONARDO BECCHETTI, University of Rome Tor Vergata - Faculty of Economics
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GIANLUIGI CONZO,
University of Rome Tor Vergata - Department of Economics and Finance
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Based on the horizontal differentiation literature we model decline in voter turnout as a rational choice when the distance between the voter and the closest party on the hyperplane of political preferences is regarded as too high by the voter. To analyse political preferences we consider five crucial segments going beyond the traditional left-right scale simplification (climate, migration, security, civil rights and income distribution). Our empirical findings on 32 countries in the last eight waves of the European Social Survey (ESS) support our research hypothesis: respondents who do not feel close to any party (57 percent of the sample) are more likely to abstain (23 percent of the sample). Results are confirmed when we use the Chapel Hill Expert Survey (CHES) classification of political party positions to calculate distance. We as well show that those who declare to feel distant from political parties are significantly less concerned with climate and civil rights, while significantly more with income distribution, migration threat and security, as well as having lower education and belonging to lower income deciles. We conclude by arguing that the success of populist parties in the last decade is probably related to their higher capacity to identify characteristics of non voters and moving toward their preferences.

"A Further Look at the Gender Gap in Italian Academic Careers" Free Download
CEIS Working Paper No. 570

MARIANNA BRUNETTI, Dept. Economics and Finance, University of Rome Tor Vergata, CEFIN
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ANNALISA FABRETTI,
University Tor Vergata - Economia
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MARIANGELA ZOLI,
University of Rome Tor Vergata
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In developed countries women have now achieved educational parity with men. Yet disparities persist in reaching top positions in the job market, with academia making no exception. This paper assesses the gender gap in career advancements in Italian universities over the 2013-2021 period, and explores the potential role of a third factor, i.e. mobility, besides competitiveness and scientific productivity typically investigated in the literature. The results, strongly robust, show a gender gap in advancements to associate professorship of about 4 percentage points, which is only partially explained by competitiveness, while scientific productivity and mobility do not seem to play a role. The estimated gender gap almost doubles for transitions to full professorship, and it remains unaffected when both competitiveness and scientific productivity are considered. Interestingly, mobility in this case matters: the gap is still there but (as much as 5 times) smaller when career advancements occur along with a move to a different University.

"The Time-Varying Multivariate Autoregressive Index Model" Free Download
CEIS Working Paper No. 571

GIANLUCA CUBADDA, University of Rome Tor Vergata - Department of Economics and Finance
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STEFANO GRASSI,
University of Rome Tor Vergata
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BARBARA GUARDABASCIO,
University of Perugia
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Many economic variables are characterized by changes in their conditional mean and volatility, and time-varying Vector Autoregressive Models are often used to handle such complexity. Unfortunately, as the number of series grows, they present increasing estimation and interpretation issues. This paper tries to address this problem by proposing a Multivariate Autoregressive Index model that features time-varying mean and volatility. Technically, we develop a new estimation methodology that mixes switching algorithms with the forgetting factors strategy of Koop and Korobilis (2012). This substantially reduces the computational burden and allows one to select or weigh the number of common components, and other data features, in real-time without additional computational costs. Using US macroeconomic data, we provide a forecast exercise that shows the feasibility and usefulness of this model.

"The Cost of Coming Out" Free Download
CEIS Working Paper No. 572

ENZO BROX, University of Konstanz - Department of Economics
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RICCARDO DI FRANCESCO,
University of Rome Tor Vergata - Department of Economics and Finance
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The fear of social stigma and discrimination leads many individuals worldwide to hesitate in openly disclosing their sexual orientation. Due to the large costs of concealing identity, it is crucial to understand the extent of anti-LGB sentiments and reactions to coming out. However, disclosing one’s sexual orientation is a personal choice, complicating data access and introducing endogeneity issues. This paper tackles these challenges by using an innovative data source from a popular online video game together with a natural experiment. We exploit exogenous variation in the identity of a playable character to identify the effects of disclosure on players’ revealed preferences for that character. Leveraging detailed daily data, we monitor players’ preferences for the character across diverse regions globally and employ synthetic control methods to isolate the effect of the disclosure on players’ preferences. Our findings reveal a substantial and persistent negative impact of coming out. To strengthen the plausibility of social stigma as the primary explanation for the estimated effects, we systematically address and eliminate several alternative game-related channels.

"Caring Connections: Immigrant Caregivers and Long-Term Elderly Care in Italy" Free Download
CEIS Working Paper No. 573

LISA CAPRETTI, University Tor Vergata - Economia
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JOANNA KOPINSKA,
Sapienza University of Rome - Dipartimento di Scienze Sociali ed Economich, University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS)
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RAMA DASI MARIANI,
University of Rome Tor Vergata
FURIO C. ROSATI,
University of Rome Tor Vergata - Faculty of Economics
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This paper investigates the impact of migrant-provided home-based care on elderly health in Italy, analysing hospitalisation frequency, duration, and mortality. Using an instrumental variable approach to mitigate endogeneity between local health status and migratory flows, we show that migrant-provided home-based care reduces the frequency of hospital admissions (extensive margin) and their duration (intensive margin). Regarding the former, a one percentage point increase in the immigrant-to-elderly population ratio leads to a 4% decrease in long-term and rehabilitation (LR) stays, with no effect on acute stays. Concerning the latter, we find that a similar change in the migrant inflows translates to a 1.5% reduction in admission duration, with LR admissions reaching a 3.3% decline. These effects primarily stem from traumatic injuries, musculoskeletal disease, and genitourinary disorders, particularly linked to home-based mobility and treatment management. Our back-of-the-envelope calculations suggests that a 1.3 percentage point increase in the migrant-to-elderly population ratio registered in our analysis period could potentially reduce LR elderly hospitalisation costs by approximately 8% and yield annual public budget savings equivalent to around 0.59% of total hospitalisation expenditures.

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  • ERN CEIS: Centre for Economic & International Studies Working Paper Series, Vol. 22 No. 1, 04/29/2024, Barbara Piazzi

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