Cristian BARRA | Projects

The shadow economy is a multifaceted and pervasive phenomenon that leads policymakers and governments to express concern. Even though economists agree that the growth of the financial system helps to cut down on the size of the shadow economy, very little is known about the ways in which different banking institutions impact the shadow economy. This research project will try to answer the followin

This research project builds a model of firms' choice between regular and irregular labor factors which links the cost efficiency of banks to the size of the underground economy. Entrepreneurs' capital factor is an investment product, and its cost can be reduced by pledging collateral that is strictly dependent on firms' regular activities. We consider two kinds of credit institutions supplying lo

The research project proposes an empirical analysis to assess the effects of banks¿ cost efficiency on economic growth and how the interaction between institutional quality and banks¿ cost efficiency shapes the relationship, considering Italian disaggregated data over the 2004-2017 period. We try to test the following hypotheses: (H1) the interaction between cost efficiency and institutional quali