Quaderni di Dipartimento [serie ordinaria - Anno 2016]


ELENCO DEI QUADERNI DI DIPARTIMENTO - WORKING PAPERS

[ 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 e precedenti ]

ISSN: 2279-9559 (dal n. 1 al n. 157), 2279-9567 (dal n. 158 al n. 363), 2279-9575 (dal n. 364 in poi)

419 Stefano STAFFOLANI, Maria Cristina RECCHIONI
Increasing Graduation and Calling for More Autonomy in Higher Education: Is It a Good Thing? A Theoretical Model [Maggio 2016]
Keywords:
  Education; University; Standards; Human Capital; Inequality; Regulation of Educational System
JEL Classification:
  J24
  I21
  I23
Abstract:
  This paper presents a theoretical model of enrollment decisions made by high school graduates, under the assumption that their choices are strongly influenced by the educational standard(s), roughly de ned as what students are expected to have learned by the end of the course. Higher standards reduce the probability of graduation but increase the accumulation of human capital and future earnings. The policy maker decides whether standards are set equally for all universities (centralization) or autonomously by each university (decentralization). In the centralized setting, the model establishes relationships among the standards that maximize di erent objectives: graduation, enrollment, and human capital. Speci cally, the standard that maximizes graduation is lower than the one that maximizes enrollment, which, in turn, is lower than the one that maximizes human capital. The decentralized setting may perform worse than the centralized one in terms of these three objectives if moving costs exist, while it always performs worse in terms of inter-generational mobility in education.
Citations: CitEc
 
418 Alessia LO TURCO, Daniela MAGGIONI
For God's sake. The impact of religious proximity on firms' exports [Maggio 2016]
Keywords:
  Islam, export entry, uncertainty, cultural distance
JEL Classification:
  F14
  F11
  D22
  D80
  N30
Abstract:
  Using a rich firm level data set for Turkish manufacturing, we test whether the sharing of similar religious beliefs with potential contracting parties drives a firm’s first time entry in export markets. We exploit variation in the practice of Islam across Turkish provinces and we find that firms located in provinces characterised by stronger religiousness are more likely to enter export destinations with a higher share of Muslims among their population. This result is robust to the control for trade, cultural and migration ties, reverse causality and to several further sensitivity checks. Religious proximity, in particular, eases export entry for producers of "trust intensive" goods and mitigates the role of export experience in subsequent foreign market entries. All in all, our evidence hints at the important role of religious proximity in reducing export entry sunk costs by fostering higher trust among contracting parties.
Citations: CitEc
 
417  Stijn BAERT, Bart COCKX, Matteo PICCHIO
Modeling the Effects of Grade Retention in High School [febbraio 2016]
Keywords:
  Education, dynamic discrete choice models, grade retention, heterogeneous treatment effects, track mobility
JEL Classification:
  C33
  C35
  I21
Abstract:
  A dynamic discrete choice model is set up to estimate the effects of grade retention in high school, both in the short- (end-of-year evaluation) and long-run (drop-out and delay). In contrast to regression discontinuity designs, this approach captures treatment heterogeneity and controls for grade-varying unobservable determinants. We deal with initial conditions and with partial observability of the track choices at the start of high school. Forced track downgrading is considered as an alternative remedial measure. In the longrun, grade retention and its alternative have adverse effects on schooling outcomes and, more so, for less able pupils.
Citations:   CitEc
 
416  Matteo PICCHIO, Sigrid SUETENS, Jan C. VAN OURS
Labor Supply Effects of Winning a Lottery [gennaio 2016]
Keywords:
  Labor supply, income effects, lottery players, wealth shocks
JEL Classification:
  J22
  J29
Citations:   CitEc
 
415  Matteo PICCHIO, Giacomo VALLETTA
A Welfare Evaluation of the 1986 Tax Reform for Married Couples in the United States [gennaio 2016]
Keywords:
  Welfare measures, discrete model, labor supply, preference heterogeneity, tax reform
JEL Classification:
  D63
  H31
  J22
Citations:   CitEc
 
414  Roberto ESPOSTI, Matteo FASTIGI, Elena VIGANO'
The Irresistible Rise of the Craft-Brewing Sector in Italy: Can We Explain It? [gennaio 2016]
Keywords:
  Beer industry, Craft brewing, Market entry and exit, Survival analysis
JEL Classification:
  L11
  L66
  Q13
  R12
Abstract:
  This paper empirically investigates the emergence of microbreweries in Italy over the last 20 years (period 1993-2014). This rise is expressed by the increasing number of entries in the sector actually accompanied, in most recent years, by an increasing number of exits. The paper proposes an empirical investigation of this entry-exit dynamics through a sequence of survival models. Three orders of possible determinants are considered. Beyond idiosyncratic characteristics, the other two order of factors are the exogenous evolution of the beer market and the specific geographical and local context. Estimation results show that, whereas market force and individual features unquestionably affects entry and exit choices, geographical and local factors are of limited relevance, especially for the entry process.
Citations:   CitEc