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Making savings and investments union work

The European Commission’s most recent financial reform agenda brings together two previously separate objectives — the completion of the banking […]

Who benefits from generative AI? Short-run growth effects across countries

Generative artificial intelligence (gen AI) is likely to support economic growth in the near term, but its benefits will not […]

How Litigation Risk Affects Companies’ Liquidity

Securities litigation has become a major source of risk to businesses. From 2007 to 2016 the number of securities class […]

Chi paga la flessibilità dei contratti

La flessibilità dei contratti a tempo determinato diminuisce in modo significativo la probabilità di trasformazione in tempo indeterminato, con riflessi […]

La tassazione regressiva

La cosiddetta «riforma» del governo Draghi rappresenta il più sostanzioso taglio fiscale degli ultimi quindici anni. Ma tutto procede in […]

Public loan guarantees and credit substitution

Concerns have been raised over whether the massive public loan guarantee schemes introduced to provide emergency lending to firms soon […]