Governments allocate financial resources to support small-and medium-sized enterprises
(SMEs) through public subsidies and grants. However, do these public investments help …

The dramatic increase in securitisation activity experienced in Europe in the years following
the introduction of the euro has altered the liquidity, credit and maturity transformation role …

In the context of a shift towards longer-term, public-value-oriented economic thinking, there
is a real opportunity to reimagine the contracts that structure public-private relationships …

Place-based policies commonly target underperforming areas, such as deteriorating
downtown business districts and disadvantaged regions. Principal examples include …

This paper empirically assesses the incidence and efficiency of Round I of the federal urban
Empowerment Zone (EZ) program using confidential microdata from the Decennial Census …

We exploit changes in the area-specific eligibility criteria for a program to support jobs
through investment subsidies. European rules determine whether an area is eligible for …

We study sources and consequences of fluctuations in the US housing market. Slow
technological progress in the housing sector explains the upward trend in real housing …

There is a consensus that the European Union should modernise its budget, tackling the
new challenges and breaking away from bureaucratic inertia and the juste retour logic that …

An important element of the macro-prudential analysis is the study of the link between
business cycle fluctuations and banking sector profitability and how this link is affected by …

This article contributes to the growing empirical literature on family firms by studying the
impact of the founder–chief executive officer (CEO) succession in a sample of Italian firms …