57ª RSA - Bocconi University

The 57th Annual Conference (RSA) of the Italian Economic Association (SIE) was held at Bocconi University in Milan, in the Velodromo building, from October 20 to 22, 2016.

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PROGRAMME

THURSDAY, OCTOBER 20th

12:00am-2:00pm Registration

2:00 – 4:00pm PARALLEL SESSIONS A (Piazza Sraffa, 13)      

A1 FIRM DYNAMICS AND THE BUSINESS CYCLE  – Aula N01 (piano terra)   *
Chair: Lilia Cavallari

• External shocks, trade margins and macroeconomic dynamicsLilia Cavallari, Stefano D’Addona
• Productivity Shocks and Uncertainty Shocks in a Model with Endogenous Firms Exit and Inefficient BanksLorenza Rossi
• Who Creates and Destroys Jobs over the Business Cycle?Andrea Colciago, Volker Lindenthal, Antonella Trigari
• Macroeconomics with Endogenous Markups and Optimal
  Federico Etro

A2 MACROECONOMIC INSTABILITY AND WELL-BEING ACROSS AND WITHIN COUNTRIES (with AISSEC) – Aula N02 (piano terra)
Chair: Francesco Farina

• Elisabetta Croci Angelini, Alessandra Michelangeli, Silvia Sorana
• Fabio Clementi, Vasco Molini, Francesco SchettinoPolarization amidst poverty reduction: A case study of Nigeria and Ghana
• Elisabetta Croci Angelini, Francesco Farina, Enzo ValentiniWages and employement by skill level in Europe: the Reaction to the crisis
• Francesco Farina, Chiara RicciGrowth, polarization and the middle class in the European countries. An econometric investigation on the Lis Database

 A3 HISTORY OF ECONOMIC ANALYSIS: NEW IMPETUS FOR ECONOMIC RESEARCH (with STOREP) – Aula N03 (piano terra)
Chair: Enrico Bellino

•  Ivan MoscatiMeasuring the Economizing Mind in the 1940s and 1950s The Mosteller-Nogee and Davidson-Suppes-Sigel Experiments to Measure the Utility of Money
• Stefano ZambelliThe Aggregate Production Function is NOT Neoclassical
• Fabio PetriNonsubstitution Theorem, Leontief Model, Netputs: some Classifications
• Luca FantacciThe trap of liquidity: analysis and countermeasures following J.M. Keynes

A4 HUMAN CAPITAL, GROWTH AND INCLUSION (with SITES)  – Aula N04 (piano terra)
Chair: Gianna Claudia Giannelli

• Faruk Balli, Peng Fu, Eleonora PierucciThe Risk Sharing Role of Foreign Aid in Developing Countries
• Dynamic relationship between income inequality and economic growth in Uruguay. Juan Gabriel Brida
• Donatella Baiardi, Claudio MoranaFinancial deepening and income distribution inequality in the euro area
• Mario Biggeri, Caterina Arciprete, Vincenzo MauroIs Community-based Rehabilitation inclusive? An intersectionality analysis of the impact of CBR on the well-being of children and the youth in Karnataka

A5 TRANSPORT AND LOGISTICS ECONOMICS: NEW CHALLENGES FOR THEORETICAL AND APPLIED ANALYSIS (with SIET)  – Aula N05 (piano terra)
Chairs: Romeo Danielis, Angela Stefania Bergantino

• Claudio Ferrari, Andrea Migliardi, Alessio TeiA two-stage efficiency analysis: An application to the Italian logistics firms
• Paolo Beria, Raffaele GrimaldiAppraising the benefits of bottleneck removal in rail transport: a simplified CBA approach and a case study in north-eastern Italy
• Fausto Galli, Giuseppe Lubrano Lavadera, Marianna MarraDoes high speed railway impact airport efficiency? The Italian case
• Ila Maltese, Ilaria Mariotti, Paolo BeriaAttitude of car drivers towards Alternative Fuelled Vehicles: a survey in Milan

A6 APPLIED SPATIAL ECONOMETRICS – Aula N11 (primo piano)
Chair: Davide Fiaschi

• Roberto Basile, Maria Durban, Roman MinguezSpatio-Temporal Autoregressive Semiparametric Models for the Analysis of Regional Economic Data
• Licia Ferranna, Margherita Gerolimetto, Stefano MagriniThe effect of immigration on convergence dynamics in the US
• Davide Fiaschi, Angela Parenti, Cristina TealdiDoes Employment Protection Affect Migration?
• Giovanni MilloTesting for Serial Correlation in Spatial Panels

A7 THE LABOUR MARKET: THEORY AND POLICY AT WORK (with AIEL) – Aula N12 (primo piano)
Chair: Marco Leonardi

• Maia Güell, Michele Pellizzari, Giovanni Pica, José V. Rodriguez MoraCorrelating Social Mobility and Economic Outcomes
  Insurance Between Firms: The Role of Internal Labor MarketsGiacinta Cestone, Chiara Fumagalli, Francis Kramarz, Giovanni Pica
• Thomas Le BarbanchonOptimal Partial Unemployment Insurance: Evidence from Bunching in the U.S.
• Maria De Paola, Francesca Gioia, Vincenzo ScoppaFree-riding and knowledge spillovers in teams. The role of social ties

A8 INNOVATION / I – Aula N13 (primo piano)
Chair: Franco Malerba

• One or many R&D internationalisations? Evidence from the Italian business R&D survey
  Claudio Cozza, Chiara Franco, Giulio Perani
• Alessandra Colombelli, Jackie Krafft, Francesco QuatraroEco-innovation and firm growth: Do green gazelles run faster? Microeconometric evidence from a sample of European firms
• Federica Coelli, Andreas Moxnes, Karen Helene Ulltveit-MoeBetter, Faster, Stronger: Global Innovation and Trade Liberalization
• Riccardo Leoncini, Alberto Marzucchi, Sandro Montresor, Francesco Rentocchini, Ugo RizzoBetter late than never”: a longitudinal quantile regression approach to the interplay between green technology and age for firm growth

4:00 -4:20pm Coffee break (Piazza Sraffa, 13)

4:20 – 5:50pm PARALLEL SESSIONS B  (Piazza Sraffa, 13)

B1 MIGRATION AND SOCIAL COHESION – Aula N01 (piano terra)
Chair: Maria Rosaria Carillo

• Giulia Bettin, Riccardo Lucchetti, Claudia PiginiState dependence and unobserved heterogeneity in a double hurdle model for remittances: evidence from immigrants to Germany
• Giovanni S. F. Bruno, Orietta DessyIdentity and economic performance of immigrants: Evidence from Italy
• Massimiliano Bratti, Luca De Benedictis, Gianluca SantoniIslands as Bad Geography. Insularity, Connectedness, Trade Costs and Trade

B2 ECONOMICS OF PEACE AND CONFLICT (with EPS) – Aula N02 (piano terra)
Chair: Raul Caruso

• Tania Masi, Roberto RicciutiOil Discoveries and Democracy
• Francesco Amodio, Leonardo Baccini, Michele Di MaioThe Economic Determinants of Political Violence: Evidence from the Occupied Palestinian Territories
  Raul Caruso, Jun XiangWar, Stalemate, and Military Spending

B3 QUO VADIS EUROPE? ECONOMIC POLICIES AND INSTITUTIONAL REFORMS (with EACES) – Aula N03 (piano terra)
Chair : Marcello Signorelli

• Luigi CampiglioEmployment and the “Investment Gap”: An Econometric Model of European Imbalances
• Pasquale TridicoEconomic policies and growth strategies after the crisis in USA, Japan and EU. Will the Euro project survive?
• Giovanna Iannantuoni, Elena Manzoni, Francesca RossiDo Individual Heterogeneity and Spatial Correlation Matter? An Innovative Approach to the Characterisation of the European Political Space

B4 TOWARDS A COMPARATIVE HISTORY OF ECONOMIC THOUGHT: EUROPE AFTER WORLD WAR I (with AISPE)  – Aula N04 (piano terra)
Chair : Gianfranco Tusset

• Antonio MagliuloShould We Write a History of European Economic Thought?
• Fabio MasiniEconomic Thinking in Western Europe
• Julius HorvathEconomic Thinking in Central Europe
  Economic Thinking in Eastern Europe
  Nicolay Nenovsky, Pencho Penchev

B5 CRIME ECONOMICS  – Aula N05 (piano terra)
Chair: Alfredo Del Monte

• Limited Access to Non-Criminal Justice for Inmates: Evidence from two Italian prisons
  Lucia Dalla Pellegrina, Margherita Saraceno
• Corruption, Organized Crime and the Bright Side of Subversion of Law
  Astrid Gamba, Giovanni Immordino, Salvatore Piccolo
• Organized crime and Technology
  Mustafa Caglayan, Alessandro Flamini, Babak Jahanshahi

B6 TECHNOLOGICAL CHANGE AND ENVIRONMENT – Aula N11 (primo piano)
Chair: Sandro Montresor

• Endogenous Green Technology and Induced Policy Effects: Testing Direct and Indirect Impacts
  Alessio D’Amato, Massimiliano Mazzanti, Francesco Nicolli
• EU ETS Facets in the Net: How Account Types Influence the Structure of the System
  Simone Borghesi, Andrea Flori
• Sustainable Development and Industrial Development: Manufacturing Environmental Perfermance, Technology and Consumption/Production Perspectives
  Francesco Nicolli

B7 LABOUR MARKETS – Aula N12 (primo piano)
Chair: Mario Morroni

• Financial support on long-term elderly care, caregiving behaviour, and labour force participation
  Bruce Hollingsworth, Asako Ohinata, Matteo Picchio, Ian Walker
• Inward FDI and host country labour markets. Evidence from the Italian manufacturing system
  Mariachiara Barzotto, Giancarlo Corò, Ilaria Mariotti, Marco Mutinelli
• New Imported Inputs, Wages and Worker Mobility
  Italo Colantone, Alessia Matano, Paolo Naticchioni

B8 INNOVATION / II – Aula N13 (primo piano)
Chair: Carlo Cambini

• Chinese and Indian MNE’s shopping sprees in advanced countries. How good is it for their innovation output?
  Vito Amendolagine, Elisa Giuliani, Arianna Martinelli, Roberta Rabellotti
• Persistent and transient productive inefficiency in a regulated industry: electricity distribution in New Zealand
  Massimo Filippini, William Greene, Giuliano Masiero
• Resource Efficiency, Environmental Policy and Eco-Innovation. Evidence from EU firms
  Massimiliano Mazzanti

B9 FIRM GROWTH / I – Aula N14 (primo piano)
Chair: Maria Rosa Battaggion

• Small, Young, and Exporters: New Evidence on the Determinants of Firm Growth
  Marco Grazzi, Daniele Moschella
• I will survive. Pricing strategies of financially distressed firms
  Ioana Duca, José M. Montero, Marianna Riggi, Roberta Zizza
• Firms’ external and internal financial constraints, productivity and size. Evidence from Italy
  Anna M. Ferragina, Fernanda Mazzotta, Khalid Sekkat

6:00-7:30pm SEMI-PLENARY SESSIONS C (Piazza Sraffa, 13)

C1 THE ECONOMICS OF CLIMATE CHANGES (with THE FRENCH ECONOMIC ASSOCIATION) – Aula N01 (piano terra)
Chair: Michele Polo

• When Cancun met Nagoya
  Alain Ayong Le Kama, Aude Pommeret
• CO2 emissions from the residential sectors in Europe: drivers and distributive consequences
  Dorothèe Charlier, Mouez Fodha, Djamel Kirat
• Is shale gas a good bridge to renewables? An application to Europe
  Fanny Henriet, Katheline Schubert
• The role of conflict for optimal climate and immigration policy
  Fabien Prieur, Ingmar Schumacher

C2 GENDER ECONOMICS / I – Aula N02 (piano terra)
Chair : Marcella Corsi

• Top incomes and the gender divide
  Anthony B.Atkinson, Alessandra Casarico, Sarah Voitchovsky
• The intergenerational transmission of worklessness in Europe. The role of fathers and mothers
  Eleonora Matteazzi, Gabriella Berloffa, Paola Villa
• Gender Quotas: Challenging the Boards, Performance and the Stock Market
  Giulia Ferrari, Valeria Ferraro, Paola Profeta, Chiara Pronzato

C3 RESEARCH ON TEACHING ECONOMICS IN THE 21st CENTURY (proposed by INTERNATIONAL REVIEW OF ECONOMICS EDUCATION) – Aula N03 (piano terra)
Chair: Ross Guest

• A Study of the effects of online lecture viewing on class attendance, academic achievement and the productivity of study
  Andreas Chai, Ross Guest
• Implementing and teaching “CORE” in Siena. A survey-backed illustration of the adoption of  an induction-based approach to teaching introductory economics
  Martina Cioni, Maria Alessandra Rossi
• Determinants of Students’ Evaluations of Teaching
  Edmund Cannon, Giam Pietro Cipriani

7:30pm Welcome Cocktail  (Piazza Sraffa, 13)

FRIDAY, OCTOBER 21st

8:30-10:00am PARALLEL SESSIONS D  (Piazza Sraffa, 13)

D1 INSTITUTIONS, FIRMS AND ECONOMIC GROWTH – Aula N01 (piano terra)
Chairs: Annamaria Nifo, Gaetano Vecchione

• Voter’s Information, Corruption and the Efficiency of Local Public Service
  Graziano Abrate, Federico Boffa, Fabrizio Erbetta, Davide Vannoni
• Finance and Creative Destruction: Evidence for Italy
  Francesco Manaresi, Francesca Lotti
• Total Factor Productivity Heterogeneity: Channelling the Impact of Institutions
  Mariarosaria Agostino, Annamaria Nifo, Francesco Trivieri, Gaetano Vecchione

D2 POLICIES AND REFORMS IN EUROPE – Aula N02 (piano terra)
Chair : Enrico Piero Marelli

• Eurozone: original weaknesses, wrong policies and possible perspectives
  Enrico Piero Marelli, Marcello Signorelli
• The Italian Economic Development since the Post-War Period: Policy Lessons for Europe
  Gioacchino Garofoli
• Spillover effects of debt and growth in the euro area: Evidence from a GVAR model
  Bernd Kempa, Nazmus Sadat Khan 

D3 MATHEMATICAL MODELLING IN ECONOMICS – Aula N03 (piano terra)
Chair: Gerd Weinrich

• Universal Semiorders
  Alfio Giarlotta, Stephen Watson
• Curvature and Uniqueness of Equilibrium
  Andrea Loi, Stefano Matta
• A Framework for the Analysis of Self-Confirming Policies
  Pierpaolo Battigalli, Simone Cerreia-Vioglio, Fabio Maccheroni, Massimo Marinacci, Thomas Sargent

D4 CULTURE AND COMMON GOODS (with AEC) – Aula N04 (piano terra)
Chair : Pietro Valentino

• Determinants of firm’s technical efficiency in the Italian performing arts sector. A panel data approach over the period 2005-2012
  Concetta Castiglione, Davide Infante, Marta Zieba
• The Role of Culture in Long-term Care
  Elena Gentili, Giuliano Masiero, Fabrizio Mazzonna
• Social Identity, Attitudes towards Cooperation, and Social Preferences: Evidence from Switzerland
  Devesh Rustagi, Marcella Veronesi

D5 R&D, PATENTS AND INNOVATION IN FIRMS AND INDUSTRIES (with SIEPI) – Aula N05 (piano terra)
Chair: Alessandro Sterlacchini

• Academic entrepreneurship and industry innovation: patents and research collaborations
  Elisa Barbieri, Lauretta Rubini, Chiara Pollio, Alessandra Micozzi
• IP Management Effectiveness at Universities: an Analysis of Italian Academic Patents
  Valerio Sterzi, Francesco Lissoni, Michele Pezzoni
• Bees or Butterflies? When consistent strategies in R&D pay off
  Elena Cefis, Angela Triguero

D6 LOW CARBON ECONOMIC DYNAMICS AND TECHNOLOGICAL PATHWAYS  – (with IAERE) – Aula N11 (primo piano)
Chair: Massimiliano Mazzanti

• Assessing costs and benefits of current climate negotiations
  Alessandro Antimiani, Valeria Costantini, Anil Markandya, Elena Paglialunga, Giorgia Sforna
• The Structure of Energy Prices of the French Manufacturing Sector Policy Drivers and Effects
  Giovanni Marin, Francesco Vona
• Smart financing and empowerment: the use of crowdfunding in the energy sector
  Chiara Candelise

D7 LABOUR AND INTERNATIONAL MARKETS – Aula N12 (primo piano)
Chair: Giorgia Giovannetti

• Take it or leave it. Hidden labour along the crisis
  Rita Cappariello, M. Rosaria Marino, Roberta Zizza
• Wage share and the current account. How income policies transmit to the rest of the world
  Jorge Carrera, Estaban Rodriguez, Mariano Sordi
• Heterogeneous Firms and International Trade: The role of productivity and financial fragility
  Tiziana Assenza, Domenico Delli Gatti, Jakob Grazzini, Giorgio Ricchiuti

D8 INDUSTRIAL ORGANIZATION AND ITC – Aula N13 (primo piano)
Chair: Laura Rondi

• The Effect of Competition Intensity on Cybersecurity – An Empirical Analysis of Security Patch Release on the Web Browser Market
  Arrah-Marie Jo
• Why Do Individuals Use Media? An Empirical Enquiry
  Maria Rosa Battaggion, Alessandro Vaglio
• Mass media and attitudes to inequality
  Debora Di Gioacchino, Alina Verashchagina

D9 INCOME AND CONSUMPTION – Aula N14 (primo piano)
Chair:  Paola Profeta

• The secret to happiness is low expectations: How perceived working conditions differ from actual ones
  Simona Cicognani, Martina Cioni, Marco Savioli
• The channels of influence of parental background on children earnings: the role of human and relational capital in monopolistic competition
  Maurizio Franzini, Fabrizio Patriarca, Michele Raitano
• Do the Rich (Really) Consume Higher-Quality Goods? Evidence from International Trade Data
  Vincenzo Merella, Daniel Santabarbara

from 10:00am to 01:00pm POSTER SESSION P1

10:10 11:40am PARALLEL SESSIONS E (Piazza Sraffa, 13)

E1 GENDER ECONOMICS / II – Aula N01 (piano terra)
Chair: Maria Luigia Segnana

• Where Women Make the Difference. The Effect of Corporate Board Gender-Quota on Firms’ Performance Across Europe
  Simona Comi, Mara Grasseni, Federica Origo, Laura Pagani
• Does Gender Composition of Receiving Countries’ Parliament Matter for the Pattern of Foreign Aid?
  Valentina Chiariello, Maria Rosaria Carillo, Rita De Siano
• The Role of Gender in Employment Polarization
  Fabio Cerina, Alessio Moro, Michelle Rendall

E2 ENERGY MARKETS AND POLICY INTERVENTION (with AIEE) – Aula N02 (piano terra)
Chair: Carlo Andrea Bollino

• Revisiting Long-run Relations in Power Markets with High RES Penetration
  Angelica Gianfreda, Lucia Parisio, Matteo Pelagatti
• Environmental policies in the Big Three: US, EU, China, in a Bayesian DSGE model
  Amedeo Argentiero, Tarek Atallah, Simona Bigerna, Carlo Andrea Bollino, Silvia Micheli, Paolo Polinori
• Understanding dynamic conditional correlations between commodities futures markets
  Niaz Bashiri Behmiri, Matteo Manera, Marcella Nicolini
• Electricity market integration and volatility export effects: The case of the SAPEI cable
  Alessandro Sapio, Nicola Spagnolo

E3 SOVEREIGN RISK MANAGEMENT (with AMASES) – Aula N03 (piano terra)
Chair: Andrea Consiglio

• The case for contingent convertible debt for sovereigns
  Andrea Consiglio, Stavros A. Zenios
• CoRisk: measuring systemic risk through default probability contagion
  Paolo Giudici, Laura Parisi
• Analysing Economic Growth and Debt Relationship in a Panel of European Countries
  Giuliana Passamani, Roberto Tamborini, Matteo Tomaselli

E4 INSTITUTIONS AND LONG-RUN GROWTH / I – Aula N04 (piano terra)
Chair: Roberto Ciccone

• The long-term effects of the historical Roman roads network: Trade costs of Italian provinces
  Vania Manuela Licio, Anna Maria Pinna
• The rise of the service economy and the real return on capital
  Miguel León-Ledesma, Alessio Moro
• Justice delayed, growth denied: Evidence from a comparative perspective
  Alessandro Melcarne, Giovanni B. Ramello

E5 DIVERSITY, COOPERATION AND SOCIAL CHOICE – Aula N05 (piano terra)
Chair: Tiziana Cuccia

• On Revealed Diversity
  Gaetano Gaballo, Ernesto Savaglio
• A Fairness Justification of Utilitarianism
  Paolo G. Piacquadio
• The Interplay of Cultural Aversion and Assortativity for the Emergence of Cooperation
  Ennio Bilancini, Leonardo Boncinelli, Jiabin Wu

E6 PRICING – Aula N11 (primo piano)
Chair: Pierpaolo Battigalli

• Behavior-based Price Discrimination with Doubly Heterogenous Consumers
  Stefano Colombo
• Pass-Through Pricing
  Maria Augusta Miceli, Claudia Nardone
• Price Effects in the Short and in the Long Run
  Davide Dragone, Paolo Vanin

E7 UNDERGROUND ECONOMY – Aula N12 (primo piano)
Chair: Elisabetta Croci Angelini

• The Istat-Matis Corporate Tax Model
  Antonella Caiumi, Lorenzo Di Biagio
• Tackling shadow economy: a comparative policy analysis
  Sabrina Auci, Luigi Mundula
• Family Ties and Underground Economy
  Mauro Marè, Antonello Motroni, Francesco Porcelli

E8 CREDIT AND LOCAL DEVELOPMENT – Aula N13 (primo piano)
Chair: Francesco Aiello

• Hardening Soft Information: How Far Has Technology Taken Us?
  Stefano Filomeni, Gregory F. Udell, Alberto Zazzaro
• Bank Quality, Judicial Efficiency and Borrower Runs: Loan Repayment Delays in Italy
  Fabio Schiantarelli, Massimiliano Stacchini, Philip E. Strahan
• The birth of new enterprises, tax evasion and usury: evidence for Italy
  Amedeo Argentiero, Michele Bagella, Bruno Chiarini, Elisabetta Marzano

E9 TAXES – Aula N14 (primo piano)
Chair: Giampaolo Arachi

• Top Marginal Tax Rate and Economic Growth: accounting for Quality of Institutions
  Rinaldo Brau, Valeria Zurru
• An Index of Tax Convexity on Corporate Investments
  Lorenzo Di Biagio, Marco Rinaldi
• How does fiscal decentralization affect within-regional disparities in well-being? Evidence from health inequalities in Italy
  Cinzia Di Novi, Massimiliano Piacenza, Silvana Robone, Gilberto Turati

11.40-12:00am Coffee break  (Piazza Sraffa, 13)

12:00am-1:20pm PLENARY LECTURE: Christian Dustmann (University College London – UCL), “Migration Policy and the Economic Impact of Immigration” – (Aula Magna, Via Gobbi, 5)

1:20-2:30pm Lunch   (Foyer Aula Magna – Via Gobbi, 5)

2:30-4:00pm PARALLEL SESSIONS F (Piazza Sraffa, 13) 

F1 ECB MONETARY POLICY – Aula N01 (piano terra)
Chair: Stefania Cosci

• Forward Guidance: Stabilization and Stabilizability under Endogenous Policy Rules at the Zero lower bound
  Andrew Hughes Hallet, Nicola Acocella
• Counter-inflationary versus Pro-inflationary Taylor Principles
  Jean-Bernard Chatelain, Kirsten Ralf
• Trend inflation and monetary policy in Eastern Europe
  Monika Junicke

F2 PRODUCTION AND THE PUBLIC SECTOR – Aula N02 (piano terra)
Chair: Alberto Cassone

• Taxes and Capital Structure: Evidence from a Quasi-Natural Experiment
  Giampaolo Arachi, Valeria Bucci, Camilla Mastromarco, Alberto Zanardi
• Life after default? Private vs.official sovereign debt restructurings
  Silvia Marchesi
• The Targets of State Capitalism: International Firm-Level Evidence (2005-2012)
  Stefano Clò, Carlo V. Fiorio, Massimo Florio

F3 HISTORY OF ECONOMIC THOUGHT – Aula N03 (piano terra)
Chair: Annalisa Rosselli

• Is Socialism a Utopian Dream?
  Bruno Jossa
• High Wages and Economic Growth in a Kaldorian Theoretical Framework
  Guglielmo Forges Davanzati
• Da Pareto a Cournot e viceversa: l’oligopolio nella tradizione paretiana
  Mario Pomini

F4 CULTURAL CONSUMPTION AND CULTURAL POLICY – Aula N04 (piano terra)
Chair: Concetta Castiglione

• Genre‐breadth, variety‐seeking behavior and preferences in recorded popular music
  Juan Montoro-Pons, Manuel Cudrado-Garcia
• The organization of public service provision and service quality: the case of museums
  Enrico E. Bertacchini, Chiara Dalle Nogare, Raffaele Scuderi
• The consumption of cultural goods through the internet. How is it affected by the digital divide?
  Victoria Ateca-Amestoy, Concetta Castiglione

F5 HAPPINESS AND ECONOMIC PERFORMANCE – Aula N05 (piano terra)
Chair: Luigino Bruni

• Cultural and institutional drivers of basic psychological needs satisfaction
  Pierluigi Conzo, Arnstein Aassve, Giulia Fuochi, Letizia Mencarini
• Eudaimonic happiness as a leading health indicator
  Maria Bachelet, Leonardo Becchetti, Fabio Pisani
• For God’s sake. The impact of religious proximity on firms’ exports
  Alessia Lo Turco, Daniela Maggioni

F6 DEVELOPMENT – Aula N11 (primo piano)
Chair: Donato Romano

• Resilience and Child Malnutrition in Mali
  Marco d’Errico, Rebecca Pietrelli
• Growth, Import Dependence and War
  Roberto Bonfatti, Kevin Hjortshoj O’Rourke
• “Cursed is the ground because of you”: Religion, Ethnicity, and the Adoption of Fertilizers in Rural Ethiopia
  Marco Guerzoni, Alexander Jordan

F7 ENTREPRENEURSHIP AND ECONOMIC GROWTH / I – Aula N12 (primo piano)
Chair: Alessandra Casarico

• Explaining the industrial variety of newborn firms: The role of cultural and technological diversity
  Alessandra Colombelli, Anna D’Ambrosio, Valentina Meliciani, Francesco Quatraro
• Innovation and International Fragmentation of Production: complements or substitutes?
  Giulia Felice, Lucia Tajoli
• Innovating successfully through design: Evidence from European firms
  Sandro Montresor, Antonio Vezzani

F8 FINANCIAL MARKETS – Aula N13 (primo piano)
Chair: Paolo Coccorese

• Market Response to News: Rationality and Conformism in an Euro-Dollar Exchange Rate Model
  Gabriella Cagiesi, Antonio Carlo Francesco Della Bina, Massimo Tivegna
• Endogenous Debt Maturity and Rollover Risk
  Emanuele Brancati, Marco Macchiavelli
• Survival in Speculative Markets
  Pietro Dindo

4:00-4:20pm Coffee break   (Piazza Sraffa, 13)

 

from 4:00 to 07:00pm POSTER SESSION P2

4:20-5:50pm PARALLEL SESSIONS G  (Piazza Sraffa, 13)

G1 TRADE – Aula N01 (piano terra)
Chair: Caterina Colombo

• Trade tariff, wage gap and public spending
  Michele Giuranno, Antonella Nocco
• Geography, Technology, and Optimal Trade Policy with Heterogeneous Firms
  Antonella Nocco, Gianmarco I.P. Ottaviano, Matteo Salto
• Tradable Quotas Taxation and Market Power
  Alessio D’Amato, Edilio Valentini, Mariangela Zoli

G2 BANK REGULATION AND STABILITY – Aula N02 (piano terra)
Chair: Nicola Acocella

• Policy Mandates for Macroeconomic and Financial Stability
  Pierre-Richard Agénor, Alessandro Flamini
• The Efficiency of Mergers among Cooperative Credit Banks: Evidence from Italy
  Paolo Coccorese, Giovanni Ferri, Fabiola Spiniello
• On the Sources of Heterogeneity in Banking Efficiency Literature
  Francesco Aiello, Graziella Bonanno

G3 MODELS IN EXPERIMENTAL ECONOMICS – Aula N03 (piano terra)
Chair: Ivan Moscati

• The Value of Offshore Secrets – Evidence from the Panama Papers
  James O’Donovan, Hannes Wagner, Stefan Zeume
• Testing for Heterogeneity of Preferences in Randomized Experiments: A Satisfaction-Based Approach Applied to Multiplayer Prisoners’ Dilemmas
  Leonardo Becchetti, Vittorio Pelligra, Francesco Salustri
• Does information affect children’s organic juice preference? An experimental (economics) approach
  Antonella Ardizzone, Valeria Faralla, Marco Novarese

G4 INSTITUTIONS AND LONG-RUN GROWTH / II – Aula N04 (piano terra)
Chair: Beniamino Moro

• The productivity gap among European countries
  Giorgio Calcagnini, Germana Giombini, Giuseppe Travaglini
• Suffrage extension, government size and national identity
  Giovan Battista Pittaluga, Elena Seghezza, Pierluigi Morelli
• The Economic Impact of Legislation. An Historical Analysis of Italy from the Creation of the Kingdom of Italy to the End of World War II
  Fabio Di Vita, Giuseppe Di Vita

G5 DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODELS – Aula N05 (piano terra)
Chair: Massimo Marinacci

• Macroprudential and Monetary Policy Interactions in a DSGE Model for Sweden
  Jiaqian Chen, Francesco Columba
• Advertising and Aggregate Consumption: A Bayesian DSGE Assessment
  Benedetto Molinari, Francesco Turino
• Revisiting the Fiscal Theory of Sovereig Risk from the DSGE View
  Eiji Okano, Inagaki Kazuyuki

G6 FACTOR COMPENSATION – Aula N11 (primo piano)
Chair: Elisabetta Marzano

• Ex-ante and ex-post outsourcing in public procurement: Temporary Partnership vs subcontracting
  Laura Rondi, Paola Valbonesi
• Prizes versus Contracts as Incentives for Innovation
  Yeon-Koo Che, Elisabetta Iossa, Patrick Rey
• Global Dependence and Productivity: A Robust Nonparametric World Frontier Analysis
  Camilla Mastromarco, Léopold Simar

 G7 HEALTH ECONOMICS – Aula N12 (primo piano)
Chair: Rinaldo Brau

• Outcome-based indicators in healthcare policy: Insights from a hospital competition model with heterogeneous agents
  Calogero Guccio, Domenico Lisi, Marco Martorana
• What Can we Learn about Smoking from 150 Years of Data?
  Carlo Ciccarelli, Pierpaolo Pierani, Silvia Tiezzi
• Modelling the individual choice of distant hospital care
  Rinaldo Brau, Daniela Moro, Silvia Balia

G8 FIRM GROWTH / II – Aula N13 (primo piano)
Chair: Francesco Silva

• The Impact of Market Competition and Family Control on CEO Compensations
  Clara Graziano, Laura Rondi
• Firm Dynamics and Employment Protection: Evidence from Sectoral Data
  Anna Bottasso, Maurizio Conti, Giovanni Sulis
• Employment Effect of Innovation
  D’Artis Kancs, Boriss Siliverstovs

6:00-7:00pm SIE Members’ Annual Meeting – (Aula Magna – Via Gobbi, 5)

8:30pm Gala Dinner  (Foyer of the Grafton Building, Via Roentgen 1,  floor -2)

SATURDAY, OCTOBER 22nd

8:30-10:00am PARALLEL SESSIONS H  (Piazza Sraffa, 13)

H1 TERRITORY AND COHESION POLICY (with AISRE) – Aula N01 (piano terra)
Chair: Fabio Mazzola

• Measuring the impact of intensity of treatment using RDD and covariates: the case of Structural Funds
  Guido Pellegrini, Augusto Cerqua
• Spatial discontinuity for the impact assessment of the EU Regional Policy
  Riccardo Crescenzi , Mara Giua
• Cohesion Policy and Sectoral Growth in the Italian Regions (1994-2013)
  Gianluigi Coppola, Sergio Destefanis, Giorgia Marinuzzi, Walter Tortorella

H2 MONETARY AND FINANCIAL MARKETS – Aula N02 (piano terra)
Chair: Massimo Tivegna

• The Impact of Monetary Policy on Corporate Bonds under Regime Shifts
  Massimo Guidolin, Alexei G. Orlov, Manuela Pedio
• Are bond net wealth? Financialization and mainstream economics
  Giuseppe Mastromatteo, Lorenzo Esposito
• Public debt expansions and the dynamics of the household borrowing constraint
  António Antunes, Valerio Ercolani

H3 CHOICE AND SOCIAL CONTEXT – Aula N03 (piano terra)
Chair: Renata Targetti Lenti

• Economic and Class Voting in a Model of Redistribution with Social Concerns
  Andrea Gallice, Edoardo Grillo
• Social Interactions and Crime Prevention
  Michele Battisti, Steven N. Durlauf, Andros Kourtellos, Andrea Mario Lavezzi
• Entrepreneurial Under-Diversification: Over Optimism and Overconfidence
  Enrico Maria Cervellati, Pierpaolo Pattitoni, Marco Savioli

H4 GEOGRAPHY AND DEVELOPMENT / I – Aula N04 (piano terra)
Chair: Massimo Tamberi

• Land Ownership, Access to and Cost of Informal Credit: Evidence from the Mekong Delta
  Matteo Migheli
• ODI and Performance at the Firm Level: Evidence from BRIC Countries
  Valeria Gattai, Rajssa Mechelli, Piergiovanna Natale
• Determinants of exports: firm heterogeneity and local context
  Pietro De Matteis, Filomena Pietrovito, Alberto Franco Pozzolo

H5 MICROECONOMICS – Aula N05 (piano terra)
Chair: Paolo Scapparone

• Frustation and Anger in Games
  Pierpaolo Battigalli, Martin Dufwenberg, Alec Smith
• The bargaining-sales-delegation game
  Luciano Fanti, Luca Gori, Mauro Sodini
• Asymmetric duopoly with a regulated upstream bottleneck
  Angela Stefania Bergantino, Leonardo Madio

H6 BANK REGULATION – Aula N11 (primo piano)
Chair: Hannes Wagner

• Rules and Discretion(s) in Prudential Regulation and Supervision: Evidence from EU Banks in the Run-Up to the Crisis
  Angela Maddaloni, Alessandro Scopelliti
• National Interests or European Party Affiliation? An empirical analysis of the determinants of the voting behavior in the European Parliament on economic governance and financial regulation issues during the crisis
  Elisa Cencig, Laura Sabani
• Bank Regulation and Market Structure
  Carsten Krabbe Nielsen, Gerd Weinrich

H7 SOCIAL CAPITAL AND EDUCATION – Aula N12 (primo piano)
Chair: Annalisa Luporini

• Cognitive and non-cognitive skills of friends: it is a matter of choice and not of peer effect
  Chiara Rapallini, Aldo Rustichini
• The gender gap in mathematics achievements: evidence from Italian data
  Dalit Contini, Maria Laura Di Tommaso, Silvia Mendolia
• Fiscal Policy, Government Polarization, and the Economic Literacy of Voters
  Samuele Murtinu, Giulio Piccirilli, Agnese Sacchi

H8 NETWORK – Aula N13 (primo piano)
Chair: Alberto Zazzaro

• Price Competition in Two-Sided Markets with Heterogeneous Consumers and Network Effects
  Lapo Filistrucchi, Tobias J. Klein
• A functional perspective to financial networks
  Edoardo Gaffeo, Massimo Molinari
• Damned If You Do and Damned If You Don’t: Competing Networks
  Rohan Dutta, David Levine, Salvatore Modica

10:10-11:40am PARALLEL SESSIONS L (Piazza Sraffa, 13)

L1 ECONOMICS AND POLICY OF SCIENTIFIC RESEARCH AND EVALUATION – Aula N01 (piano terra)
Chair: Roberta Rabellotti

• Willingness-to-Pay for big science: evidence from a contingent valuation survey concerning the large hadron collider (cern)
  Gelsomina Catalano, Massimo Florio, Francesco Giffoni
• Science, university-firm R&D collaboration and innovation across Europe
  Cristian Barra, Ornella Wanda Maietta, Roberto Zotti
• Double Disclosures and the Negotiation of Scientific Credit in Research Teams
  Francesco Lissoni, Fabio Montobbio, Lorenzo Zirulia

L2 CORRUPTION – Aula N02 (piano terra)
Chair: Giovanni B. Ramello

• Does Corruption Affect the Access to Bank Credit for Women-Led Firms and Small Enterprises? Evidence from European SMEs
  Emma Galli, Danilo V. Mascia, Stefania P.S. Rossi
• Is competition able to mitigate the waste effects of corruption on public work contracts?
  Massimo Finocchiaro Castro, Calogero Guccio, Giacomo Pignataro, Ilde Rizzo

L3 AGENT-BASED MODELS IN ECONOMICS – Aula N03 (piano terra)
Chair: Pietro Terna

• Self-enforcing family rules, marriage and the (non) neutrality of public intervention
  Alessandro Cigno, Mizuki Komura, Annalisa Luporini
• A Multi-layer Model of Order Book Dynamics
  Alessio E. Biondo, Alessandro Pluchino, Andrea Rapisarda
• Measuring systemic risk in international banking flows
  Paolo Giudici, Nicolò Pecora, Alessandro Spelta

L4 GEOGRAPHY AND DEVELOPMENT / II – Aula N04 (piano terra)
Chair: Roberto Basile

• A Spatial Analysis of Growth and Convergence in Italian Provinces: The Role of Highways
  Stefania Cosci, Loredana Mirra
• International Value Added Trade: a subsystem approach
  Tullio Gregori
• Regional Innovation Systems in China: A long-term perspective based on patent data at a prefectural level
  Giorgio Prodi, Federico Frattini, Francesco Nicolli

L5 FIRMS AND REGIONAL DEVELOPMENT – Aula N05 (piano terra)
Chair: Alberto Franco Pozzolo

• Positioning and Internalization in Global Value Chains: The Case of Tuscan Firms
  Giorgia Giovannetti, Enrico Marvasi
• A Social Accounting Matrix and EU-SILC data to assess the impact of social policies funded by oil royalties
  Mauro Viccaro, Benedetto Rocchi, Mario Cozzi, Severino Romano
• Evaluating Public Supports to the Investment Activities of Business Firms: A Meta-Regression Analysis of Italian Studies
  Annalisa Caloffi, Marco Mariani, Alessandro Sterlacchini

L6 INCOME DISTRIBUTION AND WELFARE – Aula N11 (primo piano)
Chair:  Ernesto Savaglio

• Pension expectations, information and the downturn of the Italian economy
  Massimo Baldini, Carlo Mazzaferro, Paolo Onofri
• A spatial analysis of inter-regional patient mobility in Italy
  Silvia Balia, Rinaldo Brau, Emanuela Marrocu
• Capital, Growth and inequality in Piketty’s approach. A critical review
  Renata Targetti Lenti

L7 ENTREPRENEURSHIP AND ECONOMIC GROWTH / II – Aula N12 (primo piano)
Chair: Neri Salvadori

• Entrepreneurship along the industry life cycle. Does ownership matter?
  Marco Cucculelli, Valentina Peruzzi
• Productivity Differentiantion along the Development Process
  Massimo Tamberi
• Public R&D support in Italy. Evidence from a new firm-level patent dataset
  Francesco Aiello, Giuseppe Albanese, Paolo Piselli

L8 EUROPEAN POLICIES – Aula N13 (primo piano)
Chair: Luigi Campiglio

• Policies for a more dematerialized EU economy. Theoretical underpinnings, political context and expected feasibility
  Andrea Bigano, Aleksander Sniegocki, Jacopo Zotti
• Regional resilience during the Great Recession: the role of the European Union cohesion policy
  Roberta Arbolino, Paolo Di Caro, Ugo Marani
• Has the Grexit news spilled over into euro area financial markets? The role of political leaders, executives and institutions?
  Wildmer Daniel Gregori, Agnese Sacchi

11:40-12:00am Coffee break  (Piazza Sraffa, 13) (Piazza Sraffa, 13)

12:00 – 1:30pm Round Table “Monetary Policy and Fiscal Implications in the Euro Area” –  (Aula Magna – Via Gobbi, 5)
Chair: Tommaso Monacelli

Speakers: Charles Wyplosz (Graduate Institute of Ginevra), Ludger Schuknecht (German Ministry of Finance)

1:30pm Conclusion

******

ARTICLES IN POSTER SESSIONS

POSTER SESSION P1 

• Predicting Corporate Bankruptcy: an Application to Italian Manufacturing Firms
  Giuseppe Arcuri, Giuseppina Damiana Costanzo, Marianna Succurro
• Does Oil and Gold Price Uncertainty Matter for the Stock Market?
  Dennis Bams, Gildas Blanchard, Iman Honarvar, Thorsten Lehnert
• High-Speed Rail, Intermodal substitution and Willingness to Pay. A Stated Preference Analysis for the “Bari-Rome” route
  Angela Stefania Bergantino, Leonardo Madio
• Emissioni, eco-innovazione ed effetti di spillover nelle province italiane
  Federica Caratù, Massimiliano Mazzanti, Francesco Nicolli
• North African Countries and Firms in International Production Networks
  Davide Del Prete, Giorgia Giovannetti, Enrico Marvasi
• The impact of financial crisis on savings decisions: evidences from Italian pension funds
  Luca Di Gialleonardo, Mauro Marè, Antonello Motroni, Francesco Porcelli
• Long-run Unemployment and Macroeconomic Volatility
  Stefano Fasani
• A.A.A. cercasi agenda urbana nazionale
  Giorgia Marinuzzi, Walter Tortorella
• How the Black Swan damages the harvest: statistical modeling of extreme events in weather and crop production in Africa, Asia, and Latin America
  Nadine Marmai, Maria Franco Villoria, Marco Guerzoni
• Measuring and Monitoring Poverty and Wellbeing: Introducing a new class of indexes for the synthesis of multidimensionality
  Vincenzo Mauro, Mario Biggeri, Filomena Maggino
• Financial Constraints, Firms’ Supply Chains and Internationalization
  Raoul Minetti, Pierluigi Murro, Zeno Rotondi, Susan Chun Zhu
• Emissioni di CO2 nei paesi europei: un’analisi empirica sulla convergenza tra settori manifatturieri
  Giovanni Morleo, Massimiliano Mazzanti, Marianna Gilli
• The Occupational Share of Foreigners and Attitudes to Equal Opportunities
  Marco Pecoraro, Didier Ruedin
• Climate Change, Catastrophes and Dismal Theorem: a critical Review. How to analyse the extreme scenarios related to the climate
  Andrea Rampa

POSTER SESSION P2 

• Implementing Propensity Score Matching with Network Data: The effect of GATT on bilateral trade
  Bruno Arpino, Luca De Benedictis, Alessandra Mattei
• Cognitive Ability and Games of School Choice
  Christian Basteck, Marco Mantovani
• Hare or stag…? Intuition and reasoning in social dilemmas
  Marianna Belloc, Ennio Bilancini, Leonardo Boncinelli, Simone D’Alessandro
• The Evolution of Conventions under Condition-Dependent Mistakes
  Ennio Bilancini, Leonardo Boncinelli
• How Does a City Benefit from Culture? Evidence from Milan
  Riccardo Borgoni, Alessandra Michelangeli, Nicola Pontarollo
• Great Recession and over-education among high skilled. The case of Italian Ph.D graduates
  Barbara Ermini, Luca Papi, Francesca Scaturro
• Group Identity as a Social Heuristics: An Experiment with Reaction Times
  Antonio Filippin, Francesco Guala
• Temporary Workers, Educational Mismatch and Firm Productivity
  Agata Maida, Cristina Tealdi
• Defining the Efficient Relation between Different Climate Change Policies
  Donatella Porrini
• Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?
  Charles Yuji Horioka, Emin Gahramanov, Aziz Hayat, Xueli Tang
  How well targeted are social assistance programs in India- a case study of Indira Gandhi Old Age National Pension Scheme
  Vidhya Unnikrishnan