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Università della Svizzera italiana

Earthquakes, grants and public expenditure : how municipalities respond to natural disasters

Masiero, Giuliano ; Santarossa, Michael

We analyze the response of municipalities to the occurrence of natural disasters (earthquakes) in Italy, in terms of spending behavior, use of upper tier transfers and recovery. We find evidence of increasing expenditure for about 12 years after the shock, with asymmetric responses between matching (earthquake-related) and unconditional grants, and heterogeneous flypaper effects across the...

Università della Svizzera italiana

What drives the rise of antidepressant consumption? Evidence from Switzerland

Masiero, Giuliano ; Mazzonna, Fabrizio ; Verbeek, Olaf

Antidepressant (AD) consumption has been steadily increasing in the last decade in most countries. The explanations suggested by researchers for this increment are still under scrutiny. This study attempts to identify the determinants of AD consumption by exploiting small area variations from Switzerland between 2003 and 2014. We observe that two specific drugs - Citalopram and Escitalopram -...

Università della Svizzera italiana

The role of culture in long-term care arrangement decisions

Gentili, Elena ; Masiero, Giuliano ; Mazzonna, Fabrizio

In: Journal of Economic Behavior and Organization, 2017, vol. 143, p. 186-200

In this paper, we show how and to what extent cultural factors may influence the LTC market and elderly living arrangements. Using a spatial regression discontinuity design, we exploit the within-state variation in language groups in Switzerland to provide evidence about cultural differences in LTC use. We show that elderly people residing in regions speaking a Latin language (French, Italian...

Università della Svizzera italiana

Habits and rational behavior in residential electricity demand

Filippini, Massimo ; Hirl, Bettina ; Masiero, Giuliano

In: Resource and Energy Economics, 2018, vol. 52, p. 137-152

Households make an investment analysis when buying new electrical appliances. Therefore, expectations about future electricity consumption may have an impact on current consumption and investment decisions. Dynamic partial adjustment models of residential electricity demand neglect rational consumer behavior. In this paper we propose a model for residential electricity demand that allows for...

Università della Svizzera italiana

The role of culture in long-term care

Gentili, Elena ; Masiero, Giuliano ; Mazzonna, Fabrizio

The aim of this paper is to assess the role of culture in shaping individual preferences to- wards different long-term care (LTC) arrangements. The analysis uses Swiss data from two administrative databases covering the universe of formal LTC providers between 2007 and 2013. Switzerland is a multi-cultural confederation where state administrative borders do not always coincide with cultural...

Università della Svizzera italiana

Persistent and transient productive inefficiency in a regulated industry : electricity distribution in New Zealand

Filippini, Massimo ; Greene, William H. ; Masiero, Giuliano

The productive efficiency of a firm can be decomposed into two parts, one persistent and one transient. So far, most of the cost efficiency studies estimated frontier models that provide either the transient or the persistent part of productive efficiency. This distinction seems to be appealing also for regulators. During the last decades, public utilities such as water and electricity have...

Università della Svizzera italiana

Rational habits in residential electricity demand

Filippini, Massimo ; Hirl, Bettina ; Masiero, Giuliano

Dynamic partial adjustment models of residential electricity demand account for the fact that households may not adjust electricity consumption immediately in response to changes in prices, income, and other relevant factors, because of behavioral habits or adjustment costs for the capital stock of appliances. However, forward-looking behavior is generally neglected. Expectations about future...

Università della Svizzera italiana

Competitive tendering versus performance-based negotiation in Swiss public transport

Filippini, Massimo ; Koller, Michael ; Masiero, Giuliano

In: Transportation research part A: policy and practice, 2015, vol. 82, p. 158-168

The purpose of this study is to assess differences in the levels of cost efficiency of bus lines operated under competitively tendered contracts and performance-based negotiated contracts. Following the revision of the Swiss railways act in 1996, regional public authorities were given the choice between two different contractual regimes to procure public passenger transport services. We...