All Outputs (2)

Incentives and Careers in Academia: Theory and Empirical Analysis (2020)
Journal Article
Checchi, D., De Fraja, G., & Verzillo, S. (2020). Incentives and Careers in Academia: Theory and Empirical Analysis. Review of Economics and Statistics, 103(4), 1-46. https://doi.org/10.1162/rest_a_00916

We study career concerns in Italian academia. We mould our empirical analysis on the standard model of contests, formalised in the multi-unit all-pay auction. The number of posts, the number of applicants, and the relative importance of the criteria... Read More about Incentives and Careers in Academia: Theory and Empirical Analysis.

How Hard Is It to Maximize Profit? Evidence from a 19th century Italian State Monopoly (2020)
Journal Article
Ciccarelli, C., De Fraja, G., & Tiezzi, S. (2021). How Hard Is It to Maximize Profit? Evidence from a 19th century Italian State Monopoly. Oxford Economic Papers, 73(2), 879–902. https://doi.org/10.1093/oep/gpz076

In this paper we study the ability of the 19th century Italian government to choose profit maximizing prices for a multiproduct monopolist. We use very detailed historical data on the tobacco consumption in 62 Italian provinces from 1871 to 1888 to e... Read More about How Hard Is It to Maximize Profit? Evidence from a 19th century Italian State Monopoly.