Productivity crowding-out in labor markets with motivated workers

Autor: Davide Raggi, Nadia Burani, Francesca Barigozzi

Publikováno v: Journal of Economic Behavior & Organization. 151:199-218

When workers’ intrinsic motivation matters, a wage increase has mixed consequences on applicants’ productivity and motivation, as shown in public service, healthcare, education and politics. In a simple theoretical framework where ability and mot

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::52d1745ff235d924aabe34a57e6ec7d8
https://doi.org/10.1016/j.jebo.2018.03.018

Testing Rational Addiction: When Lifetime is Uncertain, One Lag is Enough

Autor: Davide Raggi, Davide Dragone

Publikováno v: Dragone, Davide ; Raggi, Davide (2018) Testing Rational Addiction: When Lifetime is Uncertain, One Lag is Enough. Bologna: Dipartimento di Scienze economiche, p. 32. DOI 10.6092/unibo/amsacta/5827 . In: Quaderni-Working Paper DSE (1119). ISSN 2282-6483.

The rational addiction model is usually tested by estimating a linear second-order difference Euler equation, which may produce unreliable estimates. We show that a linear first-order difference equation is a better alternative. This empirical specif

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::7aaf935de7e6c5f3026cf38e92e5bf6e
http://hdl.handle.net/10278/3736577

Size, trend, and policy implications of the underground economy

Autor: Renzo Orsi, Davide Raggi, Francesco Turino

Publikováno v: RUA. Repositorio Institucional de la Universidad de Alicante
Universidad de Alicante (UA)
Orsi, Renzo ; Raggi, Davide ; Turino, Francesco (2012) Size, Trend, and Policy Implications of the Underground Economy. Bologna: Dipartimento di Scienze economiche DSE, p. 55. DOI 10.6092/unibo/amsacta/4198 . In: Quaderni-Working Paper DSE (818). ISSN 2282-6483.

We study the underground economy within a dynamic and stochastic general equilibrium framework. Our model combines limited tax enforcement with an otherwise standard two-sector neoclassical stochastic growth model. The Bayesian estimation of the mode

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d11372bee9874d53b09439f449b7227f
http://hdl.handle.net/10045/51692

Comparing stochastic volatility models through Monte Carlo simulations

Autor: Davide Raggi, Silvano Bordignon

Publikováno v: Computational Statistics & Data Analysis. 50:1678-1699

Stochastic volatility models are important tools for studying the behavior of many financial markets. For this reason a number of versions have been introduced and studied in the recent literature. The goal is to review and compare some of these alte

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9d0041045796a42f653ff1b6044c6b87
https://doi.org/10.1016/j.csda.2005.02.004

Policy rules, regime switches, and trend inflation: an empirical investigation for the United States

Autor: Luciano Greco, Efrem Castelnuovo, Davide Raggi

This paper estimates Taylor rules featuring instabilities in policy parameters and switches in policy shocks’ volatility for the post-World War II (WWII) U.S. economy. We contrast a rule embedding a fixed-inflation target with another featuring tre

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::67c66e3ae380c1211a960a3965e40c59
http://hdl.handle.net/10278/3736580