Federico Cingano
YOU?
Author Swipe
View article: Making Subsidies Work: Rules versus Discretion
Making Subsidies Work: Rules versus Discretion Open
We estimate the employment effects of a large program of public investment subsidies to private firms that ranked applicants on a score reflecting both objective rules and local politicians' discretion. Leveraging the rationing of funds as…
View article: Law enforcement, social control and organized crime. Evidence from local government dismissals in Italy
Law enforcement, social control and organized crime. Evidence from local government dismissals in Italy Open
Local governments suspected of Mafia infiltration can be dismissed in Italy through an administrative act not increasing formal deterrence but potentially signaling improved law enforcement among local communities. This paper finds that di…
View article: International financial flows and misallocation
International financial flows and misallocation Open
We study the impact of international financial flows on credit allocation exploiting the early 2000s boom of capital inflows in Italy. Using detailed bank-firm matched data we compare the patterns of credit allocation of banks with differe…
View article: The unintended consequences of an Italian labour protection law
The unintended consequences of an Italian labour protection law Open
Fewer people were hired; firms increased their capital stock but their productivity declined, write Federico Cingano, Marco Leonardi, Julián Messina and Giovanni Pica