Maximum Likelihood Estimation of Input Demand Models with Fixed Costs of Adjustment

Traditional models of input demand rely upon convex and symmetric adjustment costs. However, the fortune of this highly restrictive approach is due more to analytical convenience than to empirical relevance. In this note we examine the model under more realistic hypothesis of fixed costs, show that it can be cast in the form of a Double Censored Random Effect Tobit Model, derive its likelihood function, and finally evaluate the performance of the ML estimators through a Monte Carlo experiment. The performances, although strongly dependent on the degree of censoring, appear to be promising.     

Deposit Insurance,Institutions, and Bank Interest Rates

Many recent institutional reforms of the financial system have relied on the introduction of an explicit scheme of deposit insurance. This instrument aims at two main targets, contributing to systemic stability and protecting depositors. However, it may also affect the interest rate spread in the banking system, which can be viewed as an indicator of either inefficiency or market power in this financial segment. This paper provides an empirical investigation of the effect of deposit insurance and other institutional and economic variables on bank interest rates across countries. We find that deposit insurance increases the lending–deposit spread in banking. The main effect seems to arise not from the deposit side though, but from an increase in the lending rate. We interpret this result as evidence of the presence of moral hazard problems related to this instrument. We also find that higher quality of institutions is associated with lower spreads, thus contributing to eroding sources of market power in the banking sector.     

Students Mobility: Assessing the Determinants of Attractiveness Across Competing Territorial Areas

A central question for education authorities has become “which factors make a territory attractive for tertiary students?” Tertiary education is recognised as one of the most important assets for the development of a territory, thus students’ mobility becomes a brain drain issue whenever there are prevalent areas that attract students from other territories. In this paper, we try to identify the most important factors that could affect student mobility in Italy. In doing that we analyse students’ flows across competing territorial areas which supply tertiary education programs. We will consider a wide range of determinants related to the socio-economic characteristics of the areas as well as resources of the universities in the territories in terms of variety and quantity of the degree programs there available, financial endowments provided by Central Government, and services available to students. The Bradley–Terry modelling approach based on pair comparisons has been adopted to define the attractiveness of competing territories and assess how much the detected divergences can be attributed to factors directly related to the considered characteristics of the universities in the territory and how much is ascribable to inherent characteristics of the areas where the universities are located such as the labour market conditions. Furthermore, the adopted approach allows us to consider uncertainty in defining territorial attractiveness and making comparisons. In this way, we would like to provide some evidences to assess if the rules currently used by the Central Government to finance public universities on the basis of their capabilities to attract students really reward the efforts made by the university system in the area to improve their standard of quality or, on the contrary, reward the territorial features.     

Therapeutic Assessment with Children in Family Therapy

Therapeutic Assessment with Children (TA‐C) is a brief semi‐structured intervention in which psychological assessment is used to help families with children and adolescents to change. In this paper we introduce the TA‐C model, describe its semi‐structured format and exemplify how it can be applied by family therapists.     

Spaces of Pride: A Visual Ethnography of Gay Pride Parades in Italy and the United Kingdom

Gay pride parades represent an active site of production of lesbian, gay, bisexual, transgender (LGBT), intersexual and queer identities, featuring a spatial and social articulation of political and human rights claims. While the multiplication of these events in different countries suggests the existence of a coherent and cohesive community which shares the same collective identity beyond national borders, different patterns in the organisation, part-taking and social and political connotations given to these events can be observed in different contexts. By means of a comparative visual ethnography of Italian and British Gay Pride Parades, this article investigates how the creation, mobilisation and challenge of quasi-normative LGBT identities occur within the spatial context of gay pride marches. It is argued, in particular, that while gay pride parades are sites in which the socio-political status quo can be successfully challenged, participants are also faced with the possibility of falling prey to dynamics of identity commodification and homonationalism which may ultimately deprive their claims of their subversive potential.     

A Measure of Trust: The Italian Regional Divide in a Latent Class Approach

Social differences within countries may partly explain the lack of economic convergence and the persistence of regional disparities. The case of Italy is emblematic: economic gap between North and South remains at high levels with large differences in social capital and in trust. In this paper, we use the micro data from the ISTAT “Aspects of Daily Life” Survey to build a measure of “trust in others” and a measure of “trust in institutions” through a latent class model to attribute a trust score to the Italian households and the Italian regions and, in this way, to add elements of knowledge useful to policies. Our measures confirm a persistent territorial divide although the regional mapping appears more complex than the classical North–South partition. At last, a discussion on the household typology shows that the territorial gaps of trust persist even among households with similar socio-economic characteristics.     

Ergonomics and design for all

The paper deals with research areas and actions thanks to which the theoretical and methodological content of the "Ergonomics in Design" project can give a concrete contribution to the "Design for All" project, in particular with regards to the assessment and design of environments, the design of everyday products.     

Heterogeneity,school-effects and the North/South achievement gap in Italian secondary education: evidence from a three-level mixed model

With the aim of assessing the extent of the differences in the context of Italian educational system, the paper applies multilevel modeling to a new administrative dataset, containing detailed information for more than 500,000 students at grade 6 in the year 2011/2012, provided by the Italian Institute for the Evaluation of Educational System. Data are grouped by classes, schools and geographical areas. Different models for each area are fitted, in order to properly address the heteroscedasticity of the phenomenon. The results show that it is possible to estimate statistically significant “school effects”, i.e., the positive/negative association of attending a specific school and the student’s test score, after a case-mix adjustment. Therefore, the paper’s most important message is that school effects are different in terms of magnitude and types in the three geographical macro areas (Northern, Central and Southern Italy) and are dependent on specific students’ and schools’ characteristics.     

Does Tourism Consumption Behaviour Mirror Differences in Living Standards?

Based on the theoretical foundation of well-being measurement, the study explores differences in living standards by analysing the distribution of tourism expenditure. A mixture of regression models is used to explore the heterogeneity in tourism consumption by identifying groups of families with similar tourism consumption behaviour as a function of certain socio-demographic and economic factors. The empirical analysis, performed on Italian expenditure data, suggests that there are three different patterns of consumption behaviour conditional to the socio-demographic and economic covariates in the tourism market and that differences in tourism consumption between groups of households mirror inequalities in living standards.     

It's About Time! Examining Received Dosage and Program Duration as Predictors of Change Among Non‐Distressed and Distressed Married Couple and Relationship Education Participants

Although Couple and Relationship Education (CRE) programs were intended to be preventive in nature, an emerging reality is that relationally distressed couples are attending programs. This has raised questions about both its general usefulness and what is known regarding predictors of change in CRE for distressed couples particularly. Previous work has identified dosage and duration as important moderators of changes, and there are myriad program contexts offered, highlighting the need to examine these among distressed couples. This study utilized a sample of community CRE participants and examined received dosage and program duration as predictors of change. Comparing results for distressed and non‐distressed participants, we found several group differences. Findings suggest that it is important to consider distress level and time spent in programs when placing participants. In addition, research should continue to examine these groups separately (or comparatively) to find out what works for whom.