if this message does not display correctly, click here | Table of Contents Nicola Amendola, University of Rome, Tor Vergata - Department of Economics and Law
Lorenzo Carbonari, University of Rome - Tor Vergata
Leo Ferraris, Universidad Carlos III de Madrid 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)
Joanna Kopinska, University of Rome, Tor Vergata - Faculty of Economics, University of Rome, Tor Vergata - Centre for International Studies on Economic Growth (CEIS)
Alessandro Palma, University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS), IEFE Bocconi
Andrea Piano Mortari, CEIS Tor Vergata Leonardo Becchetti, University of Rome, Tor Vergata - Faculty of Economics
Francesco Salustri, University of Rome, Tor Vergata - Department of Economics and Finance, University of Turin - Department of Economics and Statistics
Pasquale Scaramozzino, University of Rome II - Faculty of Economics, University of London - School of Oriental and African Studies (SOAS), University of London - Centre for Financial and Management Studies (CeFIMS) | |
CEIS: CENTRE FOR ECONOMIC & INTERNATIONAL STUDIES
Vincenzo Atella - Director "Collateral and Development" 
CEIS Working Paper No. 424 NICOLA AMENDOLA, University of Rome, Tor Vergata - Department of Economics and Law
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LORENZO CARBONARI, University of Rome - Tor Vergata
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LEO FERRARIS, Universidad Carlos III de Madrid
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This paper presents a model economy with endogenous credit constraints and endogenous growth, in which agents face a trade-off between investing resources to improve the pledgeability of collateral assets and the accumulation of human capital. The model generates both growth miracles and stagnant economies. "Economic Crisis, Mortality and Health Status. A New Perspective"
CEIS Woorking Paper No. 425 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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JOANNA KOPINSKA, University of Rome, Tor Vergata - Faculty of Economics, University of Rome, Tor Vergata - Centre for International Studies on Economic Growth (CEIS)
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ALESSANDRO PALMA, University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS), IEFE Bocconi
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ANDREA PIANO MORTARI, CEIS Tor Vergata
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Since the seminal paper by Ruhm (2000), a large body of literature agrees on the existence of pro-cyclical fluctuation between economy’s performance and mortality, and this evidence has been confirmed also during the Great Recession (GR). In this study we identify a series of important limitations that may have severely affected previous results. For the first time in this literature we use patient level data collected by GPs in Italy, reporting mortality and objectively measured health information on a large representative population sample. We find a clear positive effect of a rise in unemployment on three important morbidity outcomes. The lag-lead analysis confirms the validity of our results, with changes in prevalences following the same dynamics of the unemployment rise since the starting of the economic slowdown. Our study shows also that the effect of unemployment on the total mortality is no longer significant when controlling for the existence of poor health conditions and suggests that the impact of severe economic downturns on population mortality should be reconsidered. "Nudging and Environmental Corporate Responsibility: A Natural Experiment"
CEIS Working Paper No. 426 LEONARDO BECCHETTI, University of Rome, Tor Vergata - Faculty of Economics
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FRANCESCO SALUSTRI, University of Rome, Tor Vergata - Department of Economics and Finance, University of Turin - Department of Economics and Statistics
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PASQUALE SCARAMOZZINO, University of Rome II - Faculty of Economics, University of London - School of Oriental and African Studies (SOAS), University of London - Centre for Financial and Management Studies (CeFIMS)
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We devise a ‘nudging’ natural experiment to test the impact of a simple form of advertising on environmentally responsible products with/without the increase of the responsible product price. We find that the simple use of a small shelf-poster explaining the importance of buying a green product (with/without a concurring price increase) generates significant changes in market shares for some of the product classes for both food and non-food products. Part of the effect is generated by the reduced price elasticity of consumers to the poster-plus-price-increase treatment. | | ^top
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