EN
IT
Obiettivi Formativi
OBIETTIVI FORMATIVI: conoscenza delle metodologie empiriche di frontiera per verificare ipotesi di ricerca in campo economico
CONOSCENZA E CAPACITÀ DI COMPRENSIONE: Capacità di comprensione delle metodologie statistiche ed econometriche per la verifica di ipotesi di ricerca in campo economico
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE: Capacità di rielaborazione autonoma ed originale dei contenuti dei lavori di ricerca.
AUTONOMIA DI GIUDIZIO: Capacità autonoma di comprensione dei contenuti dei lavori scientifici e valutazione della loro qualità in termini di metodologie
ABILITÀ COMUNICATIVE: capacità di presentazione con powerpoint dei contenuti di lavori di ricerca in materia di applied economics
CAPACITÀ DI APPRENDIMENTO: capacità autonoma di studio ed approfondimento dei paper pubblicati dalle riviste scientifiche in materia di applied economics
capacità di impostare un piano di ricerca per verificare un'ipotesi in materia economica
OBIETTIVI FORMATIVI: Questo corso fornirà un'introduzione completa nell'ambito dell' economia comportamentale (EC).
CONOSCENZA E CAPACITÀ DI COMPRENSIONE: Gli studenti apprenderanno le principali teorie dell'EC e le relative evidenze empiriche.
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE: Gli studenti impareranno come utilizzare l'EC per comprendere meglio comportamenti apparentemente irrazionali della vita quotidiana.
AUTONOMIA DI GIUDIZIO: Gli studenti impareranno a distinguere tra comportamenti irrazionali apparenti e reali e, più in generale, a giudicare la credibilità dei risultati empirici in quest'area di ricerca.
ABILITÀ COMUNICATIVE: Gli studenti impareranno a spiegare le principali teorie dell'EC a un pubblico non specializzato.
CAPACITÀ DI APPRENDIMENTO: Gli studenti impareranno a interpretare anche i contenuti di altri corsi attraverso le lenti dell'EC.
Learning Objectives
PART ONE:
LEARNING OUTCOMES: knowledge of frontier empirical approaches to hypothesis testing in applied economic papers.
KNOWLEDGE AND UNDERSTANDING: Knodledge and understanding of statistic and econometric approaches for research hypothesis testing in applied economics.
APPLYING KNOWLEDGE AND UNDERSTANDING: Capacity of autonomous and original understanding and presentation of research papers in applied economics.
MAKING JUDGEMENTS: Understanding of contents of scientific papers and evaluation of their quality in terms of methodologies.
COMMUNICATION SKILLS: powerpoint presentation of scientific papers on applied economics.
LEARNING SKILLS: capacity of studying and understanding scientific papers in applied economics capacity of sketching a research project to test a research hypotheesis.
PART TWO:
LEARNING OUTCOMES: This course will provide a comprehensive introduction to the area of Behavioural Economics (BE).
KNOWLEDGE AND UNDERSTANDING: Students will learn about the main theories of BE as well as the corresponding empirical evidence.
APPLYING KNOWLEDGE AND UNDERSTANDING: Students will learn how to use BE to better understand seemingly irrational everyday-life behaviour.
MAKING JUDGEMENTS: Students will learn how to differentiate between seemingly and actual irrational behaviour and, more generally, to judge the credibility of empirical results in this research area.
COMMUNICATION SKILLS: Students will learn how to explain the main theories of BE to non-specialist audiences.
LEARNING SKILLS: Students will learn how to interpret also the contents of other courses through the lens of EC.
LEONARDO BECCHETTI
Prerequisiti
Conoscenze di base di statistica e di econometria
Prerequisites
Base knowledge of statistics and econometrics
Programma
TEMI DELL'ECONOMIA APPLICATA
1) La ricerca sul benessere soggettivo: indicatori di soddisfazione di vita/felicità, problematiche metodologiche, risultati empirici e implicazioni politiche (14 ore)
Questa parte del corso si occupa di ricerca applicata sul benessere soggettivo. La ricerca si è sviluppata dalla nota osservazione del disaccoppiamento tra crescita del PIL e quota di persone molto felici (paradosso di Easterlin). Spiegheremo come viene misurata la soddisfazione di vita utilizzando indicatori cognitivi, affettivi ed eudaimonici fino alle nuove misure di generatività. Ci occupiamo bene di questioni metodologiche e di ricerca empirica con particolare attenzione a: paradosso della felicità di genere, felicità e salute, felicità e istruzione, felicità e reddito relativo). Concluderemo su approfondimenti e implicazioni politiche per la definizione di indicatori di benessere
2) Ricerca empirica sulla responsabilità sociale d'impresa (10 ore)
La vecchia idea di pianificatori benevoli che risolvono i fallimenti del mercato (differenze tra ottimo privato e sociale) ha lasciato il posto a un nuovo paradigma di welfare più articolato che tiene conto della debolezza, dei conflitti di interesse e della presa dell'istituzione domestica nel sistema economico globale. La responsabilità sociale e ambientale delle imprese è quindi emersa come un approccio a quattro mani se il ruolo della mano invisibile dei meccanismi di mercato e della mano visibile delle istituzioni è integrato dalla terza mano della responsabilità aziendale e dalla quarta mano della cittadinanza attiva che vota con il portafoglio . In questa parte del corso esaminiamo alcuni aspetti metodologici, risultati empirici e implicazioni politiche della ricerca sulla responsabilità sociale d'impresa.
Program
TOPICS IN APPLIED ECONOMICS
1) The research on subjective wellbeing: life satisfaction/happiness indicators, methodological issues, empirical findings and policy implications (14 hours)
This part of the course deals with applied research on subjective wellbeing. The research developed from the well-known observation of the decoupling between GDP growth and the share of very happy people (Easterlin paradox). We will explain how life satisfaction is measured using cognitive, affective and eudaimonic indicators up to the novel generativity measures. We well deal with methodological issues and empirical research with special focus to the: gender happiness paradox, happiness and health, happiness and education, happiness and relative income). We will conclude on insights and policy implications for the definition of wellbeing indicators
2) Empirical research on corporate social responsibility (10 hours)
The old idea of benevolent planners solving market failures (differences between private and social optimum) has given way to a new more articulated welfare paradigm that takes into account the weakness, conflicts of interest and capture of domestic institution in the global economic system. Corporate social and environmental responsibility thereby emerged as a four-handed approach whether the role of the invisible hand of market mechanisms and the visible hand of institutions is complemented by the third hand of corporate responsibility and the fourth hand of active citizenship that votes with the wallet. In this part of the course we examine some methodological aspects, empirical findings and policy implications of research on corporate social responsibility
Testi Adottati
Powerpoint presentations
Non ci sono libri di testo per il tema in questione
La bibliografia sarà costituita da una serie di lavori scientifici pubblicati che sono più
aggiornati dei libri di testo
Books
Powerpoint presentations
There are no textbooks for the topic
The reference list will be made by a series of published papers that are more updated than
textbooks
Bibliografia
Easterlin R.A. and Angelescu L., (2009). Happiness and growth the world over: Time series
evidence on the happiness-income paradox. IZA Discussion Paper, (4060).
Erikson, E.H. Childhood and Society. (2nd ed.). New York: Norton; 1993.
Erikson, EH & Erikson, JM. The Life Cycle Completed. New York: Norton; 1998.
Frey, B., Luechinger, S. and A. Stutzer, (2009). The life satisfaction approach to the value
of public goods: the case of terrorism. Public Choice, 138:317–345.
Frey, B. S. and Stutzer, A., (2000). Happiness, economy and institutions. The Economic
Journal, 110, 918–938.
Frey, B. and A. Stutzer, (2002), What can Economists learn from Happiness Research,
Journal of Economic Literature, vol. 40, pp. 402-435.
Ferrer-i-Carbonell, A. (2005). Income and Well-being: An Empirical Analysis of the
Comparison Income Effect. Journal of Public Economics, 895-6,: 997-1019.
Becchetti L., Ciciretti R., Dalo, A., 2018, Fishing the Corporate Social Responsibility Risk
Factors, Journal of Financial Stability, Vol. 37, pp. 25-48,
Becchetti L. Pelloni A. Rossetti F., 2008, Relational Goods, Sociability, and Happiness,
Kyklos International Review for social sciences, v. 61, iss. 3, pp. 343-363.
Becchetti L. Rossetti F., 2009, When money does not buy happiness: the case of “frustrated
achievers” Journal of Socioeconomics vol. 38(1), pages 159-167.
Becchetti L. and Degli Antoni G. (2010), The Sources of Happiness: Evidence from the
Investment. Game, Journal of Economic Psychology, 31, pp.498-509
Becchetti, L., Massari R. and Naticchioni, P., 2013, The drivers of happiness inequality:
suggestions for promoting social cohesion Oxford Economic Papers, Volume 66, Issue 2, 1
April 2014, Pages 419–442.
Becchetti L., Pisani F., 2014, Family money, relational life and (class) relative wealth: an
empirical analysis on life satisfaction of secondary school students, Journal of Happiness
Studies, Vol. 15, (3), pp 503–525.
Becchetti L., Castriota S., Corrado L., Giachin Ricca E., 2013, Beyond the Joneses:
Inter-country income comparisons and happiness, Journal of Behavioral and Experimental
Economics (formerly The Journal of Socio-Economics), 45, (C), p. 187-195.
Becchetti, Leonardo, Maria Jua Bachelet, and Fabio Pisani. "Eudaimonic happiness as a
leading health indicator: cross-country European evidence." Applied Economics (2020):
1-19.
Becchetti, Leonardo, and Alessandra Pelloni. "What are we learning from the life
satisfaction literature?." International review of economics 60.2 (2013): 113-155.
Bibliography
Easterlin R.A. and Angelescu L., (2009). Happiness and growth the world over: Time series
evidence on the happiness-income paradox. IZA Discussion Paper, (4060).
Erikson, E.H. Childhood and Society. (2nd ed.). New York: Norton; 1993.
Erikson, EH & Erikson, JM. The Life Cycle Completed. New York: Norton; 1998.
Frey, B., Luechinger, S. and A. Stutzer, (2009). The life satisfaction approach to the value
of public goods: the case of terrorism. Public Choice, 138:317–345.
Frey, B. S. and Stutzer, A., (2000). Happiness, economy and institutions. The Economic
Journal, 110, 918–938.
Frey, B. and A. Stutzer, (2002), What can Economists learn from Happiness Research,
Journal of Economic Literature, vol. 40, pp. 402-435.
Ferrer-i-Carbonell, A. (2005). Income and Well-being: An Empirical Analysis of the
Comparison Income Effect. Journal of Public Economics, 895-6,: 997-1019.
Becchetti L., Ciciretti R., Dalo, A., 2018, Fishing the Corporate Social Responsibility Risk
Factors, Journal of Financial Stability, Vol. 37, pp. 25-48,
Becchetti L. Pelloni A. Rossetti F., 2008, Relational Goods, Sociability, and Happiness,
Kyklos International Review for social sciences, v. 61, iss. 3, pp. 343-363.
Becchetti L. Rossetti F., 2009, When money does not buy happiness: the case of “frustrated
achievers” Journal of Socioeconomics vol. 38(1), pages 159-167.
Becchetti L. and Degli Antoni G. (2010), The Sources of Happiness: Evidence from the
Investment. Game, Journal of Economic Psychology, 31, pp.498-509
Becchetti, L., Massari R. and Naticchioni, P., 2013, The drivers of happiness inequality:
suggestions for promoting social cohesion Oxford Economic Papers, Volume 66, Issue 2, 1
April 2014, Pages 419–442.
Becchetti L., Pisani F., 2014, Family money, relational life and (class) relative wealth: an
empirical analysis on life satisfaction of secondary school students, Journal of Happiness
Studies, Vol. 15, (3), pp 503–525.
Becchetti L., Castriota S., Corrado L., Giachin Ricca E., 2013, Beyond the Joneses:
Inter-country income comparisons and happiness, Journal of Behavioral and Experimental
Economics (formerly The Journal of Socio-Economics), 45, (C), p. 187-195.
Becchetti, Leonardo, Maria Jua Bachelet, and Fabio Pisani. "Eudaimonic happiness as a
leading health indicator: cross-country European evidence." Applied Economics (2020):
1-19.
Becchetti, Leonardo, and Alessandra Pelloni. "What are we learning from the life
satisfaction literature?." International review of economics 60.2 (2013): 113-155.
Modalità di svolgimento
Presentazione di paper di frontiera su alcuni temi chiave e spiegazione delle metodologie
empiriche adottate
Teaching methods
Presentation of key research paper on some key economic topics and explanation of
empirical approches adopted
Regolamento Esame
Presentazione di essays o di research paper sui temi trattati nel corso
Gli elaborati verranno valutati dal docente su scala 0-30 utilizzata in corrispondenza dei seguenti giudizi
o Non idoneo: importanti carenze e/o inaccuratezze nella conoscenza e comprensione degli argomenti; limitate capacità di analisi e sintesi, frequenti generalizzazioni.
o 18-20: conoscenza e comprensione degli argomenti appena sufficiente con possibili imperfezioni; capacità di analisi sintesi e autonomia di giudizio sufficienti.
o 21-23: Conoscenza e comprensione degli argomenti routinaria; Capacità di analisi e sintesi corrette con argomentazione logica coerente.
o 24-26: Discreta conoscenza e comprensione degli argomenti; buone capacità di analisi e sintesi con argomentazioni espresse in modo rigoroso.
o 27-29: Conoscenza e comprensione degli argomenti completa; notevoli capacità di analisi, sintesi. Buona autonomia di giudizio.
o 30-30L: Ottimo livello di conoscenza e comprensione degli argomenti. Notevoli capacità di analisi e di sintesi e di autonomia di giudizio. Argomentazioni espresse in modo originale.
Exam Rules
Presentation of essays and research papers on the topics covered by the course
Essays will be marked by the professor on a 0-30 scale used in accordance with the corresponding verbal evaluations detailed below i
o Not suitable: significant shortcomings and/or inaccuracies in knowledge and understanding of the topics; limited analysis and synthesis skills, with frequent generalizations.
18-20: knowledge and understanding of the topics are barely sufficient, with possible imperfections; sufficient analysis, synthesis, and judgment autonomy skills.
21-23: routine knowledge and understanding of the topics; correct analysis and synthesis skills, with consistent logical argumentation.
24-26: decent knowledge and understanding of the topics; good analysis and synthesis skills, with arguments expressed rigorously.
27-29: complete knowledge and understanding of the topics; remarkable analysis and synthesis skills, with good judgment autonomy.
30-30L: excellent level of knowledge and understanding of the topics. Outstanding analysis, synthesis, and judgment autonomy skills, with arguments expressed in an original manner.
CHRISTOPH PAUL KOENIG
Prerequisiti
Conoscenze di base di microeconomia, statistica e di econometria.
Prerequisites
Basic knowledge of microeconomics, statistics and econometrics.
Programma
# Prospect Theory (3 ore)
# Framing (3 ore)
# Intertemporal Choice (3 ore)
# Non-standard beliefs (2 ore)
# Social Preferences (3 ore)
# Heuristics (2 ore)
# Emotions (2 ore)
Program
# Prospect Theory (3 hours)
# Framing (3 hours)
# Intertemporal Choice (3 hours)
# Non-standard beliefs (2 hours)
# Social Preferences (3 hours)
# Heuristics (2 hours)
# Emotions (2 hours)
Testi Adottati
Non c'è un libro di testo per questo corso, ma il seguente articolo offre una buona
panoramica di ciò che verrà trattato.
DellaVigna, S. (2009). Psychology and Economics: Evidence from the Field. Journal of
Economic Literature 47(2), 315-372
Books
There is no textbook for this course but the following article gives a good overview of what
is going to be covered:
DellaVigna, S. (2009). Psychology and Economics: Evidence from the Field. Journal of
Economic Literature 47(2), 315-372
Bibliografia
Riferimenti bibliografici principali del corso:
Charness, G. and M. Rabin (2002). Understanding Social Preferences with Simple Tests.
The Quarterly Journal of Economics 117(3), 817-869
DellaVigna, S. (2009). Psychology and Economics: Evidence from the Field. Journal of
Economic Literature 47(2), 315-372
Frederick, S., G. Loewenstein, and T. O'Donoghue (2002). Time Discounting and Time
Preference: A Critical Review. Journal of Economic Literature 40(2), 351–-401
Kahneman, D. and A. Tversky (1979). Prospect Theory: An Analysis of Decision under
Risk. Econometrica 47(2), 263-292
Loewenstein, G., T. O’Donoghue, and S. Bhatia (2015). Modeling the Interplay Between
Affect and Deliberation. Decision 2(2), 55-81
Tversky, A. and D. Kahneman (1974). Judgment under Uncertainty: Heuristics and Biases.
Science 185(4157), 1124-1131
Tversky, A. and D. Kahneman (1981). The Framing of Decisions and the Psychology of
Choice. Science 211(4481), 453–-458
Bibliography
Key references for the course:
Charness, G. and M. Rabin (2002). Understanding Social Preferences with Simple Tests.
The Quarterly Journal of Economics 117(3), 817-869
DellaVigna, S. (2009). Psychology and Economics: Evidence from the Field. Journal of
Economic Literature 47(2), 315-372
Frederick, S., G. Loewenstein, and T. O'Donoghue (2002). Time Discounting and Time
Preference: A Critical Review. Journal of Economic Literature 40(2), 351–-401
Kahneman, D. and A. Tversky (1979). Prospect Theory: An Analysis of Decision under
Risk. Econometrica 47(2), 263-292
Loewenstein, G., T. O’Donoghue, and S. Bhatia (2015). Modeling the Interplay Between
Affect and Deliberation. Decision 2(2), 55-81
Tversky, A. and D. Kahneman (1974). Judgment under Uncertainty: Heuristics and Biases.
Science 185(4157), 1124-1131
Tversky, A. and D. Kahneman (1981). The Framing of Decisions and the Psychology of
Choice. Science 211(4481), 453–-458
Modalità di svolgimento
Il corso si svolgerà principalmente attraverso lezioni in presenza ed alcune esercitazioni per
la preparazione all'esame.
Teaching methods
The course will be taught primarily via lectures and and few exercises for exam preparation.
Regolamento Esame
Il corso è valutato attraverso un esame da fare online da casa con votazione sulla scala 0-30. Il studente sarà promosso se supererà una valutazione minima di 18/30 punti.
Non idoneo: importanti carenze e/o inaccuratezze nella conoscenza e comprensione degli argomenti; limitate capacità di analisi e sintesi, frequenti generalizzazioni.
18-20: conoscenza e comprensione degli argomenti appena sufficiente con possibili imperfezioni; capacità di analisi sintesi e autonomia di giudizio sufficienti.
21-23: Conoscenza e comprensione degli argomenti routinaria; Capacità di analisi e sintesi corrette con argomentazione logica coerente.
24-26: Discreta conoscenza e comprensione degli argomenti; buone capacità di analisi e sintesi con argomentazioni espresse in modo rigoroso.
27-29: Conoscenza e comprensione degli argomenti completa; notevoli capacità di analisi, sintesi. Buona autonomia di giudizio.
30-30L: Ottimo livello di conoscenza e comprensione degli argomenti. Notevoli capacità di analisi e di sintesi e di autonomia di giudizio. Argomentazioni espresse in modo originale.
Exam Rules
The course is assessed through an online take-home exam marked on a scale from 0-30. Students pass the course with a minimum grade of 18/30.
0-17/Fail: major deficiencies and/or inaccuracies in knowledge and understanding of topics; limited ability to analyze and synthesize; frequent generalizations.
18-20: Barely sufficient knowledge and understanding of topics with possible imperfections; Sufficient skills of analysis synthesis and independent judgment.
21-23: Routine knowledge and understanding of topics; Correct analysis and synthesis skills with coherent logical argumentation.
24-26: Fair knowledge and understanding of topics; Good analytical and synthesis skills with rigorously expressed arguments.
27-29: Comprehensive knowledge and understanding of topics; Remarkable skills of analysis, synthesis. Good independent judgment.
30-30L: Excellent level of knowledge and understanding of topics. Remarkable analytical and synthesis skills and independent judgment. Arguments expressed in an original way.
EN
IT
Obiettivi Formativi
OBIETTIVI FORMATIVI: conoscenza delle metodologie empiriche di frontiera per verificare ipotesi di ricerca in campo economico
CONOSCENZA E CAPACITÀ DI COMPRENSIONE: Capacità di comprensione delle metodologie statistiche ed econometriche per la verifica di ipotesi di ricerca in campo economico
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE: Capacità di rielaborazione autonoma ed originale dei contenuti dei lavori di ricerca.
AUTONOMIA DI GIUDIZIO: Capacità autonoma di comprensione dei contenuti dei lavori scientifici e valutazione della loro qualità in termini di metodologie
ABILITÀ COMUNICATIVE: capacità di presentazione con powerpoint dei contenuti di lavori di ricerca in materia di applied economics
CAPACITÀ DI APPRENDIMENTO: capacità autonoma di studio ed approfondimento dei paper pubblicati dalle riviste scientifiche in materia di applied economics
capacità di impostare un piano di ricerca per verificare un'ipotesi in materia economica
OBIETTIVI FORMATIVI: Questo corso fornirà un'introduzione completa nell'ambito dell' economia comportamentale (EC).
CONOSCENZA E CAPACITÀ DI COMPRENSIONE: Gli studenti apprenderanno le principali teorie dell'EC e le relative evidenze empiriche.
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE: Gli studenti impareranno come utilizzare l'EC per comprendere meglio comportamenti apparentemente irrazionali della vita quotidiana.
AUTONOMIA DI GIUDIZIO: Gli studenti impareranno a distinguere tra comportamenti irrazionali apparenti e reali e, più in generale, a giudicare la credibilità dei risultati empirici in quest'area di ricerca.
ABILITÀ COMUNICATIVE: Gli studenti impareranno a spiegare le principali teorie dell'EC a un pubblico non specializzato.
CAPACITÀ DI APPRENDIMENTO: Gli studenti impareranno a interpretare anche i contenuti di altri corsi attraverso le lenti dell'EC.
Learning Objectives
PART ONE:
LEARNING OUTCOMES: knowledge of frontier empirical approaches to hypothesis testing in applied economic papers.
KNOWLEDGE AND UNDERSTANDING: Knodledge and understanding of statistic and econometric approaches for research hypothesis testing in applied economics.
APPLYING KNOWLEDGE AND UNDERSTANDING: Capacity of autonomous and original understanding and presentation of research papers in applied economics.
MAKING JUDGEMENTS: Understanding of contents of scientific papers and evaluation of their quality in terms of methodologies.
COMMUNICATION SKILLS: powerpoint presentation of scientific papers on applied economics.
LEARNING SKILLS: capacity of studying and understanding scientific papers in applied economics capacity of sketching a research project to test a research hypotheesis.
PART TWO:
LEARNING OUTCOMES: This course will provide a comprehensive introduction to the area of Behavioural Economics (BE).
KNOWLEDGE AND UNDERSTANDING: Students will learn about the main theories of BE as well as the corresponding empirical evidence.
APPLYING KNOWLEDGE AND UNDERSTANDING: Students will learn how to use BE to better understand seemingly irrational everyday-life behaviour.
MAKING JUDGEMENTS: Students will learn how to differentiate between seemingly and actual irrational behaviour and, more generally, to judge the credibility of empirical results in this research area.
COMMUNICATION SKILLS: Students will learn how to explain the main theories of BE to non-specialist audiences.
LEARNING SKILLS: Students will learn how to interpret also the contents of other courses through the lens of EC.
LEONARDO BECCHETTI
Prerequisiti
Conoscenze di base di statistica e di econometria
Prerequisites
Base knowledge of statistics and econometrics
Programma
TEMI DELL'ECONOMIA APPLICATA
1) La ricerca sul benessere soggettivo: indicatori di soddisfazione di vita/felicità, problematiche metodologiche, risultati empirici e implicazioni politiche
Questa parte del corso si occupa di ricerca applicata sul benessere soggettivo. La ricerca si è sviluppata dalla nota osservazione del disaccoppiamento tra crescita del PIL e quota di persone molto felici (paradosso di Easterlin). Spiegheremo come viene misurata la soddisfazione di vita utilizzando indicatori cognitivi, affettivi ed eudaimoni fino alle nuove misure di generatività. Ci occupiamo bene di questioni metodologiche e di ricerca empirica con particolare attenzione a: paradosso della felicità di genere, felicità e salute, felicità e istruzione, felicità e reddito relativo). Concluderemo su approfondimenti e implicazioni politiche per la definizione di indicatori di benessere
2) Ricerca empirica sulla responsabilità sociale d'impresa
La vecchia idea di pianificatori benevoli che risolvono i fallimenti del mercato (differenze tra ottimo privato e sociale) ha lasciato il posto a un nuovo paradigma di welfare più articolato che tiene conto della debolezza, dei conflitti di interesse e della presa dell'istituzione domestica nel sistema economico globale. La responsabilità sociale e ambientale delle imprese è quindi emersa come un approccio a quattro mani se il ruolo della mano invisibile dei meccanismi di mercato e della mano visibile delle istituzioni è integrato dalla terza mano della responsabilità aziendale e dalla quarta mano della cittadinanza attiva che vota con il portafoglio . In questa parte del corso esaminiamo alcuni aspetti metodologici, risultati empirici e implicazioni politiche della ricerca sulla responsabilità sociale d'impresa.
Program
TOPICS IN APPLIED ECONOMICS
1) The research on subjective wellbeing: life satisfaction/happiness indicators, methodological issues, empirical findings and policy implication
This part of the course deals with applied research on subjective wellbeing. The research developed from the well-known observation of the decoupling between GDP growth and the share of very happy people (Easterlin paradox). We will explain how life satisfaction is measured using cognitive, affective and eudaimonic indicators up to the novel generativity measures. We well deal with methodological issues and empirical research with special focus to the: gender happiness paradox, happiness and health, happiness and education, happiness and relative income). We will conclude on insights and policy implications for the definition of wellbeing indicators
2) Empirical research on corporate social responsibility
The old idea of benevolent planners solving market failures (differences between private and social optimum) has given way to a new more articulated welfare paradigm that takes into account the weakness, conflicts of interest and capture of domestic institution in the global economic system. Corporate social and environmental responsibility thereby emerged as a four-handed approach whether the role of the invisible hand of market mechanisms and the visible hand of institutions is complemented by the third hand of corporate responsibility and the fourth hand of active citizenship that votes with the wallet. In this part of the course we examine some methodological aspects, empirical findings and policy implications of research on corporate social responsibility
Testi Adottati
Powerpoint presentations
Non ci sono libri di testo per il tema in questione
La bibliografia sarà costituita da una serie di lavori scientifici pubblicati che sono più aggiornati dei libri di testo
Books
Powerpoint presentations
There are no textbooks for the topic
The reference list will be made by a series of published papers that are more updated than textbooks
Bibliografia
Easterlin R.A. and Angelescu L., (2009). Happiness and growth the world over: Time series evidence on the happiness-income paradox. IZA Discussion Paper, (4060).
Erikson, E.H. Childhood and Society. (2nd ed.). New York: Norton; 1993.
Erikson, EH & Erikson, JM. The Life Cycle Completed. New York: Norton; 1998.
Frey, B., Luechinger, S. and A. Stutzer, (2009). The life satisfaction approach to the value of public goods: the case of terrorism. Public Choice, 138:317–345.
Frey, B. S. and Stutzer, A., (2000). Happiness, economy and institutions. The Economic Journal, 110, 918–938.
Frey, B. and A. Stutzer, (2002), What can Economists learn from Happiness Research, Journal of Economic Literature, vol. 40, pp. 402-435.
Ferrer-i-Carbonell, A. (2005). Income and Well-being: An Empirical Analysis of the Comparison Income Effect. Journal of Public Economics, 895-6,: 997-1019.
Becchetti L., Ciciretti R., Dalo, A., 2018, Fishing the Corporate Social Responsibility Risk Factors, Journal of Financial Stability, Vol. 37, pp. 25-48,
Becchetti L. Pelloni A. Rossetti F., 2008, Relational Goods, Sociability, and Happiness, Kyklos International Review for social sciences, v. 61, iss. 3, pp. 343-363.
Becchetti L. Rossetti F., 2009, When money does not buy happiness: the case of “frustrated achievers” Journal of Socioeconomics vol. 38(1), pages 159-167.
Becchetti L. and Degli Antoni G. (2010), The Sources of Happiness: Evidence from the Investment. Game, Journal of Economic Psychology, 31, pp.498-509
Becchetti, L., Massari R. and Naticchioni, P., 2013, The drivers of happiness inequality: suggestions for promoting social cohesion Oxford Economic Papers, Volume 66, Issue 2, 1 April 2014, Pages 419–442.
Becchetti L., Pisani F., 2014, Family money, relational life and (class) relative wealth: an empirical analysis on life satisfaction of secondary school students, Journal of Happiness Studies, Vol. 15, (3), pp 503–525.
Becchetti L., Castriota S., Corrado L., Giachin Ricca E., 2013, Beyond the Joneses: Inter-country income comparisons and happiness, Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 45, (C), p. 187-195.
Becchetti, Leonardo, Maria Jua Bachelet, and Fabio Pisani. "Eudaimonic happiness as a leading health indicator: cross-country European evidence." Applied Economics (2020): 1-19.
Becchetti, Leonardo, and Alessandra Pelloni. "What are we learning from the life satisfaction literature?." International review of economics 60.2 (2013): 113-155.
Bibliography
Easterlin R.A. and Angelescu L., (2009). Happiness and growth the world over: Time series evidence on the happiness-income paradox. IZA Discussion Paper, (4060).
Erikson, E.H. Childhood and Society. (2nd ed.). New York: Norton; 1993.
Erikson, EH & Erikson, JM. The Life Cycle Completed. New York: Norton; 1998.
Frey, B., Luechinger, S. and A. Stutzer, (2009). The life satisfaction approach to the value of public goods: the case of terrorism. Public Choice, 138:317–345.
Frey, B. S. and Stutzer, A., (2000). Happiness, economy and institutions. The Economic Journal, 110, 918–938.
Frey, B. and A. Stutzer, (2002), What can Economists learn from Happiness Research, Journal of Economic Literature, vol. 40, pp. 402-435.
Ferrer-i-Carbonell, A. (2005). Income and Well-being: An Empirical Analysis of the Comparison Income Effect. Journal of Public Economics, 895-6,: 997-1019.
Becchetti L., Ciciretti R., Dalo, A., 2018, Fishing the Corporate Social Responsibility Risk Factors, Journal of Financial Stability, Vol. 37, pp. 25-48,
Becchetti L. Pelloni A. Rossetti F., 2008, Relational Goods, Sociability, and Happiness, Kyklos International Review for social sciences, v. 61, iss. 3, pp. 343-363.
Becchetti L. Rossetti F., 2009, When money does not buy happiness: the case of “frustrated achievers” Journal of Socioeconomics vol. 38(1), pages 159-167.
Becchetti L. and Degli Antoni G. (2010), The Sources of Happiness: Evidence from the Investment. Game, Journal of Economic Psychology, 31, pp.498-509
Becchetti, L., Massari R. and Naticchioni, P., 2013, The drivers of happiness inequality: suggestions for promoting social cohesion Oxford Economic Papers, Volume 66, Issue 2, 1 April 2014, Pages 419–442.
Becchetti L., Pisani F., 2014, Family money, relational life and (class) relative wealth: an empirical analysis on life satisfaction of secondary school students, Journal of Happiness Studies, Vol. 15, (3), pp 503–525.
Becchetti L., Castriota S., Corrado L., Giachin Ricca E., 2013, Beyond the Joneses: Inter-country income comparisons and happiness, Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 45, (C), p. 187-195.
Becchetti, Leonardo, Maria Jua Bachelet, and Fabio Pisani. "Eudaimonic happiness as a leading health indicator: cross-country European evidence." Applied Economics (2020): 1-19.
Becchetti, Leonardo, and Alessandra Pelloni. "What are we learning from the life satisfaction literature?." International review of economics 60.2 (2013): 113-155.
Modalità di svolgimento
Presentazione di paper di frontiera su alcuni temi chiave e spiegazione delle metodologie empiriche adottate
Teaching methods
Presentation of key research paper on some key economic topics and explanation of empirical approches adopted
Regolamento Esame
Presentazione di essays o di research paper sui temi trattati nel corso
Gli elaborati verranno valutati dal docente su scala 0-30
Exam Rules
Presentation of essays and research papers on the topics covered by the course
Essays will be marked by the professor on a 0-30 scale
CHRISTOPH PAUL KOENIG
Prerequisiti
Conoscenze di base di microeconomia, statistica e di econometria.
Prerequisites
Basic knowledge of microeconomics, statistics and econometrics.
Programma
# Prospect Theory
# Framing
# Intertemporal Choice
# Non-standard beliefs
# Social Preferences
# Heuristics
# Emotions
Program
# Prospect Theory
# Framing
# Intertemporal Choice
# Non-standard beliefs
# Social Preferences
# Heuristics
# Emotions
Testi Adottati
Non c'è un libro di testo per questo corso, ma il seguente articolo offre una buona panoramica di ciò che verrà trattato.
DellaVigna, S. (2009). Psychology and Economics: Evidence from the Field. Journal of Economic Literature 47(2), 315-372
Books
There is no textbook for this course but the following article gives a good overview of what is going to be covered:
DellaVigna, S. (2009). Psychology and Economics: Evidence from the Field. Journal of Economic Literature 47(2), 315-372
Bibliografia
Riferimenti bibliografici principali del corso:
Charness, G. and M. Rabin (2002). Understanding Social Preferences with Simple Tests. The Quarterly Journal of Economics 117(3), 817-869
DellaVigna, S. (2009). Psychology and Economics: Evidence from the Field. Journal of Economic Literature 47(2), 315-372
Frederick, S., G. Loewenstein, and T. O'Donoghue (2002). Time Discounting and Time Preference: A Critical Review. Journal of Economic Literature 40(2), 351–-401
Kahneman, D. and A. Tversky (1979). Prospect Theory: An Analysis of Decision under Risk. Econometrica 47(2), 263-292
Loewenstein, G., T. O’Donoghue, and S. Bhatia (2015). Modeling the Interplay Between Affect and Deliberation. Decision 2(2), 55-81
Tversky, A. and D. Kahneman (1974). Judgment under Uncertainty: Heuristics and Biases.
Science 185(4157), 1124-1131
Tversky, A. and D. Kahneman (1981). The Framing of Decisions and the Psychology of Choice. Science 211(4481), 453–-458
Bibliography
Key references for the course:
Charness, G. and M. Rabin (2002). Understanding Social Preferences with Simple Tests. The Quarterly Journal of Economics 117(3), 817-869
DellaVigna, S. (2009). Psychology and Economics: Evidence from the Field. Journal of Economic Literature 47(2), 315-372
Frederick, S., G. Loewenstein, and T. O'Donoghue (2002). Time Discounting and Time Preference: A Critical Review. Journal of Economic Literature 40(2), 351–-401
Kahneman, D. and A. Tversky (1979). Prospect Theory: An Analysis of Decision under Risk. Econometrica 47(2), 263-292
Loewenstein, G., T. O’Donoghue, and S. Bhatia (2015). Modeling the Interplay Between Affect and Deliberation. Decision 2(2), 55-81
Tversky, A. and D. Kahneman (1974). Judgment under Uncertainty: Heuristics and Biases.
Science 185(4157), 1124-1131
Tversky, A. and D. Kahneman (1981). The Framing of Decisions and the Psychology of Choice. Science 211(4481), 453–-458
Modalità di svolgimento
Il corso si svolgerà principalmente attraverso lezioni in presenza ed alcune esercitazioni per la preparazione all'esame.
Teaching methods
The course will be taught primarily via lectures and and few exercises for exam preparation.
Regolamento Esame
Il corso è valutato al 100% attraverso un esame da fare online da casa con votazione sulla scala 0-30.
Exam Rules
The course is 100% assessed through an online take-home exam marked on a scale from 0-30.
EN
IT
Obiettivi Formativi
OBIETTIVI FORMATIVI:
conoscenza delle metodologie empiriche di frontiera per verificare ipotesi di ricerca in campo economico
CONOSCENZA E CAPACITÀ DI COMPRENSIONE:
Capacità di comprensione delle metodologie statistiche ed econometriche per la verifica di ipotesi di ricerca in campo economico
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE:
Capacità di rielaborazione autonoma ed originale dei contenuti dei lavori di ricerca.
AUTONOMIA DI GIUDIZIO:
Capacità autonoma di comprensione dei contenuti dei lavori scientifici e valutazione della loro qualità in termini di metodologie
ABILITÀ COMUNICATIVE:
capacità di presentazione con powerpoint dei contenuti di lavori di ricerca in materia di applied economics
CAPACITÀ DI APPRENDIMENTO:
capacità autonoma di studio ed approfondimento dei paper pubblicati dalle riviste scientifiche in materia di applied economics
capacità di impostare un piano di ricerca per verificare un'ipotesi in materia economica
Learning Objectives
LEARNING OUTCOMES:
knowledge of frontier empirical approaches to hypothesis testing in applied economic papers
KNOWLEDGE AND UNDERSTANDING:
Knodledge and understanding of statistic and econometric approaches for research hypothesis testing in applied economics
APPLYING KNOWLEDGE AND UNDERSTANDING:
Capacity of autonomous and original understanding and presentation of research papers in applied economics
MAKING JUDGEMENTS:
Understanding of contents of scientific papers and evaluation of their quality in terms of methodologies
COMMUNICATION SKILLS:
powerpoint presentation of scientific papers on applied economics
LEARNING SKILLS:
capacity of studying and understanding scientific papers in applied economics
capacity of sketching a research project to test a research hypotheesis
LEONARDO BECCHETTI
Prerequisiti
Conoscenze di base di statistica e di econometria
Prerequisites
Base knowledge of statistics and econometrics
Programma
TEMI DELL'ECONOMIA APPLICATA
1) La ricerca sul benessere soggettivo: indicatori di soddisfazione di vita/felicità, problematiche metodologiche, risultati empirici e implicazioni politiche
Questa parte del corso si occupa di ricerca applicata sul benessere soggettivo. La ricerca si è sviluppata dalla nota osservazione del disaccoppiamento tra crescita del PIL e quota di persone molto felici (paradosso di Easterlin). Spiegheremo come viene misurata la soddisfazione di vita utilizzando indicatori cognitivi, affettivi ed eudaimoni fino alle nuove misure di generatività. Ci occupiamo bene di questioni metodologiche e di ricerca empirica con particolare attenzione a: paradosso della felicità di genere, felicità e salute, felicità e istruzione, felicità e reddito relativo). Concluderemo su approfondimenti e implicazioni politiche per la definizione di indicatori di benessere
2) Ricerca empirica sulla responsabilità sociale d'impresa
La vecchia idea di pianificatori benevoli che risolvono i fallimenti del mercato (differenze tra ottimo privato e sociale) ha lasciato il posto a un nuovo paradigma di welfare più articolato che tiene conto della debolezza, dei conflitti di interesse e della presa dell'istituzione domestica nel sistema economico globale. La responsabilità sociale e ambientale delle imprese è quindi emersa come un approccio a quattro mani se il ruolo della mano invisibile dei meccanismi di mercato e della mano visibile delle istituzioni è integrato dalla terza mano della responsabilità aziendale e dalla quarta mano della cittadinanza attiva che vota con il portafoglio . In questa parte del corso esaminiamo alcuni aspetti metodologici, risultati empirici e implicazioni politiche della ricerca sulla responsabilità sociale d'impresa.
Program
TOPICS IN APPLIED ECONOMICS
1) The research on subjective wellbeing: life satisfaction/happiness indicators, methodological issues, empirical findings and policy implication
This part of the course deals with applied research on subjective wellbeing. The research developed from the well-known observation of the decoupling between GDP growth and the share of very happy people (Easterlin paradox). We will explain how life satisfaction is measured using cognitive, affective and eudaimonic indicators up to the novel generativity measures. We well deal with methodological issues and empirical research with special focus to the: gender happiness paradox, happiness and health, happiness and education, happiness and relative income). We will conclude on insights and policy implications for the definition of wellbeing indicators
2) Empirical research on corporate social responsibility
The old idea of benevolent planners solving market failures (differences between private and social optimum) has given way to a new more articulated welfare paradigm that takes into account the weakness, conflicts of interest and capture of domestic institution in the global economic system. Corporate social and environmental responsibility thereby emerged as a four-handed approach whether the role of the invisible hand of market mechanisms and the visible hand of institutions is complemented by the third hand of corporate responsibility and the fourth hand of active citizenship that votes with the wallet. In this part of the course we examine some methodological aspects, empirical findings and policy implications of research on corporate social responsibility.
Testi Adottati
Powerpoint presentations
Non ci sono libri di testo per il tema in questione
La bibliografia sarà costituita da una serie di lavori scientifici pubblicati che sono più aggiornati dei libri di testo
Books
Powerpoint presentations
There are no textbooks for the topic
The reference list will be made by a series of published papers that are more updated than textbooks
Bibliografia
Easterlin R.A. and Angelescu L., (2009). Happiness and growth the world over: Time series evidence on the happiness-income paradox. IZA Discussion Paper, (4060).
Erikson, E.H. Childhood and Society. (2nd ed.). New York: Norton; 1993.
Erikson, EH & Erikson, JM. The Life Cycle Completed. New York: Norton; 1998.
Frey, B., Luechinger, S. and A. Stutzer, (2009). The life satisfaction approach to the value of public goods: the case of terrorism. Public Choice, 138:317–345.
Frey, B. S. and Stutzer, A., (2000). Happiness, economy and institutions. The Economic Journal, 110, 918–938.
Frey, B. and A. Stutzer, (2002), What can Economists learn from Happiness Research, Journal of Economic Literature, vol. 40, pp. 402-435.
Ferrer-i-Carbonell, A. (2005). Income and Well-being: An Empirical Analysis of the Comparison Income Effect. Journal of Public Economics, 895-6,: 997-1019.
Becchetti L., Ciciretti R., Dalo, A., 2018, Fishing the Corporate Social Responsibility Risk Factors, Journal of Financial Stability, Vol. 37, pp. 25-48,
Becchetti L. Pelloni A. Rossetti F., 2008, Relational Goods, Sociability, and Happiness, Kyklos International Review for social sciences, v. 61, iss. 3, pp. 343-363.
Becchetti L. Rossetti F., 2009, When money does not buy happiness: the case of “frustrated achievers” Journal of Socioeconomics vol. 38(1), pages 159-167.
Becchetti L., Trovato G, Londono Bedoya D.., 2009, Income, relational goods and happiness, Applied Economics, vol. 43(3), pages 273-290.
Becchetti L. (Savastano S.), 2010, The money-happiness relationship in transition countries: evidence from Albania, Transition Studies Review vol. 17(1), pages 39-62
Becchetti L. and Degli Antoni G. (2010), The Sources of Happiness: Evidence from the Investment. Game, Journal of Economic Psychology, 31, pp.498-509
Becchetti, L., Massari R. and Naticchioni, P., 2013, The drivers of happiness inequality: suggestions for promoting social cohesion Oxford Economic Papers, Volume 66, Issue 2, 1 April 2014, Pages 419–442.
Becchetti L., Pisani F., 2014, Family money, relational life and (class) relative wealth: an empirical analysis on life satisfaction of secondary school students, Journal of Happiness Studies, Vol. 15, (3), pp 503–525.
Becchetti L., Castriota S., Corrado L., Giachin Ricca E., 2013, Beyond the Joneses: Inter-country income comparisons and happiness, Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 45, (C), p. 187-195.
Becchetti, Leonardo, Maria Jua Bachelet, and Fabio Pisani. "Eudaimonic happiness as a leading health indicator: cross-country European evidence." Applied Economics (2020): 1-19.
Becchetti L. Bellucci, D., 2019, “Generativity and subjective wellbeing” CEFIM working paper n.144 and AICCON working paper n. 169, International Review of Economics, forth.
Becchetti L.,Ciciretti R., Giovannelli A., 2013, Corporate Social Responsibility and earnings forecasting unbiasedness Journal of Banking and Finance, Vol. 37, (9), pp. 3654-3668.
Bibliography
Easterlin R.A. and Angelescu L., (2009). Happiness and growth the world over: Time series evidence on the happiness-income paradox. IZA Discussion Paper, (4060).
Erikson, E.H. Childhood and Society. (2nd ed.). New York: Norton; 1993.
Erikson, EH & Erikson, JM. The Life Cycle Completed. New York: Norton; 1998.
Frey, B., Luechinger, S. and A. Stutzer, (2009). The life satisfaction approach to the value of public goods: the case of terrorism. Public Choice, 138:317–345.
Frey, B. S. and Stutzer, A., (2000). Happiness, economy and institutions. The Economic Journal, 110, 918–938.
Frey, B. and A. Stutzer, (2002), What can Economists learn from Happiness Research, Journal of Economic Literature, vol. 40, pp. 402-435.
Ferrer-i-Carbonell, A. (2005). Income and Well-being: An Empirical Analysis of the Comparison Income Effect. Journal of Public Economics, 895-6,: 997-1019.
Becchetti L., Ciciretti R., Dalo, A., 2018, Fishing the Corporate Social Responsibility Risk Factors, Journal of Financial Stability, Vol. 37, pp. 25-48,
Becchetti L. Pelloni A. Rossetti F., 2008, Relational Goods, Sociability, and Happiness, Kyklos International Review for social sciences, v. 61, iss. 3, pp. 343-363.
Becchetti L. Rossetti F., 2009, When money does not buy happiness: the case of “frustrated achievers” Journal of Socioeconomics vol. 38(1), pages 159-167.
Becchetti L., Trovato G, Londono Bedoya D.., 2009, Income, relational goods and happiness, Applied Economics, vol. 43(3), pages 273-290.
Becchetti L. (Savastano S.), 2010, The money-happiness relationship in transition countries: evidence from Albania, Transition Studies Review vol. 17(1), pages 39-62
Becchetti L. and Degli Antoni G. (2010), The Sources of Happiness: Evidence from the Investment. Game, Journal of Economic Psychology, 31, pp.498-509
Becchetti, L., Massari R. and Naticchioni, P., 2013, The drivers of happiness inequality: suggestions for promoting social cohesion Oxford Economic Papers, Volume 66, Issue 2, 1 April 2014, Pages 419–442.
Becchetti L., Pisani F., 2014, Family money, relational life and (class) relative wealth: an empirical analysis on life satisfaction of secondary school students, Journal of Happiness Studies, Vol. 15, (3), pp 503–525.
Becchetti L., Castriota S., Corrado L., Giachin Ricca E., 2013, Beyond the Joneses: Inter-country income comparisons and happiness, Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 45, (C), p. 187-195.
Becchetti, Leonardo, Maria Jua Bachelet, and Fabio Pisani. "Eudaimonic happiness as a leading health indicator: cross-country European evidence." Applied Economics (2020): 1-19.
Becchetti L. Bellucci, D., 2019, “Generativity and subjective wellbeing” CEFIM working paper n.144 and AICCON working paper n. 169, International Review of Economics, forth.
Becchetti L.,Ciciretti R., Giovannelli A., 2013, Corporate Social Responsibility and earnings forecasting unbiasedness Journal of Banking and Finance, Vol. 37, (9), pp. 3654-3668.
Modalità di svolgimento
Presentazione di paper di frontiera su alcuni temi chiave e spiegazione delle metodologie empiriche adottate
Teaching methods
Presentation of key research paper on some key economic topics and explanation of empirical approches adopted
Regolamento Esame
Presentazione di essays o di research paper sui temi trattati nel corso
Gli elaborati verranno valutati dal docente su scala 0-30
Exam Rules
Presentation of essays and research papers on the topics covered by the course
Essays will be marked by the professor on a 0-30 scale
JAIME ARELLANO-BOVER
Program
TOPICS IN APPLIED ECONOMICS
1) The research on subjective wellbeing: life satisfaction/happiness indicators, methodological issues, empirical findings and policy implication
This part of the course deals with applied research on subjective wellbeing. The research developed from the well-known observation of the decoupling between GDP growth and the share of very happy people (Easterlin paradox). We will explain how life satisfaction is measured using cognitive, affective and eudaimonic indicators up to the novel generativity measures. We well deal with methodological issues and empirical research with special focus to the: gender happiness paradox, happiness and health, happiness and education, happiness and relative income). We will conclude on insights and policy implications for the definition of wellbeing indicators
2) Empirical research on corporate social responsibility
The old idea of benevolent planners solving market failures (differences between private and social optimum) has given way to a new more articulated welfare paradigm that takes into account the weakness, conflicts of interest and capture of domestic institution in the global economic system. Corporate social and environmental responsibility thereby emerged as a four-handed approach whether the role of the invisible hand of market mechanisms and the visible hand of institutions is complemented by the third hand of corporate responsibility and the fourth hand of active citizenship that votes with the wallet. In this part of the course we examine some methodological aspects, empirical findings and policy implications of research on corporate social responsibility
Regolamento Esame
Presentazione di essays o di research paper sui temi trattati nel corso
Exam Rules
Presentation of essays and research papers on the topics covered by the course
Updated A.Y. 2021-2022
Updated A.Y. 2021-2022
Topics in applied economics
Prof. Leonardo Becchetti
PART ONE The research on subjective wellbeing: life satisfaction/happiness indicators, methodological issues, empirical findings and policy implication
This part of the course deals with applied research on subjective wellbeing. The research developed from the well-known observation of the decoupling between GDP growth and the share of very happy people (Easterlin paradox). We will explain how life satisfaction is measured using cognitive, affective and eudaimonic indicators up to the novel generativity measures. We well deal with methodological issues and empirical research with special focus to the: gender happiness paradox, happiness and health, happiness and education, happiness and relative income). We will conclude on insights and policy implications for the definition of wellbeing indicators
Material of the program: slides presented during the course
References
Becchetti, Leonardo, and Alessandra Pelloni. "What are we learning from the life satisfaction literature?." International review of economics 60.2 (2013): 113-155.
Becchetti, L., Massari R. and Naticchioni, P., 2013, The drivers of happiness inequality: suggestions for promoting social cohesion Oxford Economic Papers, Volume 66, Issue 2, 1 April 2014, Pages 419–442.
Becchetti L., Pisani F., 2014, Family money, relational life and (class) relative wealth: an empirical analysis on life satisfaction of secondary school students, Journal of Happiness Studies, Vol. 15, (3), pp 503–525.
Becchetti L., Castriota S., Corrado L., Giachin Ricca E., 2013, Beyond the Joneses: Inter-country income comparisons and happiness, Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 45, (C), p. 187-195.
Becchetti, Leonardo, Maria Jua Bachelet, and Fabio Pisani. "Eudaimonic happiness as a leading health indicator: cross-country European evidence." Applied Economics (2020): 1-19.
Becchetti L. Bellucci, D., 2019, “Generativity and subjective wellbeing” CEFIM working paper n.144 and AICCON working paper n. 169, International Review of Economics, forth.
Easterlin R.A. and Angelescu L., (2009). Happiness and growth the world over: Time series evidence on the happiness-income paradox. IZA Discussion Paper, (4060).
Erikson, E.H. Childhood and Society. (2nd ed.). New York: Norton; 1993.
Erikson, EH & Erikson, JM. The Life Cycle Completed. New York: Norton; 1998.
Frey, B., Luechinger, S. and A. Stutzer, (2009). The life satisfaction approach to the value of public goods: the case of terrorism. Public Choice, 138:317–345.
Frey, B. S. and Stutzer, A., (2000). Happiness, economy and institutions. The Economic Journal, 110, 918–938.
Frey, B. and A. Stutzer, (2002), What can Economists learn from Happiness Research, Journal of Economic Literature, vol. 40, pp. 402-435.
Ferrer-i-Carbonell, A. (2005). Income and Well-being: An Empirical Analysis of the Comparison Income Effect. Journal of Public Economics, 895-6,: 997-1019.
PART TWO Empirical research on corporate social responsibility: topics
The old idea of benevolent planners solving market failures (differences between private and social optimum) has given way to a new more articulated welfare paradigm that takes into account the weakness, conflicts of interest and capture of domestic institution in the global economic system. Corporate social and environmental responsibility thereby emerged as a four-handed approach whether the role of the invisible hand of market mechanisms and the visible hand of institutions is complemented by the third hand of corporate responsibility and the fourth hand of active citizenship that votes with the wallet. In this part of the course we examine some methodological aspects, empirical findings and policy implications of research on corporate social responsibility
Material of the program: slides presented during the course
Becchetti, Leonardo, Francesco Salustri, and Pasquale Scaramozzino. "Making information on CSR scores salient: a randomized field experiment." Oxford Bulletin of Economics and Statistics 81.6 (2019): 1193-1213.
Becchetti L. Ciciretti R., Herzel S. Dalo, A., 2015, Socially Responsible and Conventional Investment Funds: Performance Comparison and the Global Financial Crisis Applied Financial Economics,Vol. 47, (25).
Crifo, Patricia, and Vanina D. Forget. "The economics of corporate social responsibility: A firm‐level perspective survey." Journal of Economic Surveys 29.1 (2015): 112-130.
Kitzmueller, Markus, and Jay Shimshack. "Economic perspectives on corporate social responsibility." Journal of Economic Literature 50.1 (2012): 51-84.
