Public Policies Analysis

The main object of study in this area is the analysis of redistributive and efficiency effects of public intervention in the economy, with reference both to the tax system and to public spending. A more specific and non-exhaustive list of the covered topics includes the following: the measurement of inequality and poverty, the analysis of their determinants and the effects that public policies can have on them; the study of intertemporal effects of public policies; cost-benefit analysis and evaluation of public intervention programmes; the study of the interconnections between public finance and demographic processes; the interdisciplinary analysis of taxation. The theoretical analysis employs both static and dynamic models such as the overlapping generation model, while the empirical analysis uses calibration and simulation techniques, as well as econometric tools.
Paola Bertoli
Associate Professor
Emanuele Bracco
Associate Professor
Alessandro Bucciol
Full Professor
Giam Pietro Cipriani
Full Professor
Maria Flora
Research Assistants
Cristina Elisa Orso
Research Assistants
Paolo Pertile
Full Professor
Veronica Polin
Associate Professor
Nicola Sartor
Professore onorario
Alessandro Sommacal
Full Professor
Marcella Veronesi
Associate Professor
Claudio Zoli
Full Professor
Research interests
Topic People Description
Fiscal Policies and Behavior of Economic Agents (see  JEL classification)
JEL H31 - Household Alessandro Sommacal
Analysis of the impact of fiscal policy on time allocation (between labor supply, time devoted to child care, leisure), as well as on other household behavior (e.g. investment in physical and human capital, fertility)
National Budget, Deficit, and Debt (see  JEL classification)
JEL H63 - Debt; Debt Management; Sovereign Debt Nicola Sartor
Analysis of public debt evolution, with particular reference to the macroeconomic and demographic scenarios. Investigation, derivation and analysis of indicators of debt sustainability and intergenerational equity.
JEL H68 - Forecasts of Budgets, Deficits, and Debt Nicola Sartor
Development and analysis of forecasting models and simulation techniquest to investigate the macroeconomic effects of public budget policies.
National Government Expenditures and Related Policies (see  JEL classification)
JEL H53 - Government Expenditures and Welfare Programs Paolo Pertile
Nicola Sartor
Analysis of welfare policies, with attention to social security systems. Analysis of the joint impact of several taxation and expenditure programmes on equity and efficiency over the life-cycle with attention to the issue of financial sustainability. Use of appropriate techniques (generational accounts, overlapping generations models) to study both inter-generational and intra-generational redistribution.
JEL H55 - Social Security and Public Pensions Alessandro Bucciol
Giam Pietro Cipriani
Cristina Elisa Orso
Comparison between public and private pension systems, in the short and long term, in terms of sustainability and well-being of the population. Calibration and computer simulation of micro-founded models of economic behavior.
Publicly Provided Goods (see  JEL classification)
JEL H41 - Public Goods Marcella Veronesi
Non-market valuation of public goods; estimation of the willingness to pay for example for clean air or a natural park. Analysis of factors affecting the provision of public goods such as the role of culture and institutions.
State and Local Government ; Intergovernmental Relations (see  JEL classification)
JEL H71 - State and Local Taxation, Subsidies, and Revenue Nicola Sartor
Analysis of personal income taxation with focus on equity and efficiency issues, redistributive impacts and revenue effects of policy reforms.
JEL H75 - State and Local Government: Health; Education; Welfare; Public Pensions Paola Bertoli
Analysis of structure and reforms of central and local public expenditures for health, education and social protection
JEL H77 - Intergovernmental Relations; Federalism; Secession Emanuele Bracco
The study focuses on taxation and expenditure choices by local governments, local government funding decisions by central governments, and the assignment of tasks and fiscal powers to each tier of government. The theoretical analysis is mostly based on mathematical models, and agency models in particular, while the empirical analysis relies on microeconometrics techniques and the use of panel data.
Taxation, Subsidies, and Revenue (see  JEL classification)
JEL H21 - Efficiency; Optimal Taxation Claudio Zoli
Analysis of equity and efficiency objectives for the design of fiscal systems. Optimal taxation schemes and investagion fo the distributive and distorsive effects of taxation, with particular focus on income taxation.
JEL H23 - Externalities; Redistributive Effects; Environmental Taxes and Subsidies Maria Flora
Study and assessment of the effect of environmental regulations (taxes, subsidies and quotas) imposed on high-carbon industries, such as the energy sector. Study of the effects of incentive-based approaches for environmental regulation, the most notable of which is a tradable permit system, and payment for ecosystems.
JEL H24 - Personal Income and Other Nonbusiness Taxes and Subsidies Alessandro Sommacal
Analysis of personal income taxes and subsidies, including topic such as: the flat tax, the negative income tax, guaranteed minimum income and basic income.
JEL H26 - Tax Evasion Emanuele Bracco
Veronica Polin
Covers the economic analysis of the determinants and effects of tax evasion. Also include the Study and measurement of the shadow economy and tax evasion. Interdisciplinary analysis of economic and non-economic factors that influence tax compliance choices.
Gruppi di ricerca
Name Description URL
Un approccio multidisciplinare per comprendere le potenzialità del crowdfunding in Italia Il progetto di ricerca si pone l’obiettivo di esplorare, con un approccio qualitativo, diversi aspetti, economici e non, determinanti per identificare le potenzialità e le criticità del crowdfunding, con particolare riferimento allo sviluppo di questo strumento alternativo di fundraising sul territorio italiano.
Title Managers Sponsors Starting date Duration (months)
Markets for votes: conflict, distribution and welfare Monica Anna Giovanniello Post-doc 9/1/15 36
Does it promote economy and well-being? The impact of teleworking on environment and labour market outcomes Federico Perali, Eleftherios Giovanis Commissione Europea (Marie Curie fellowship) 6/1/15 24
Le politiche familiari e le politiche di contrasto alla povertà in Italia: un’analisi quali-quantitativa a livello locale e regionale Veronica Polin Assegno finalizzato - assegnato e gestito dal Dipartimento 2/1/15 12
Assegno: Processi di diffusione di shock in reti multi-livello Andrea Roventini 5/1/14 12