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A Lifelong Friendship: The Correspondence between Oskar Morgenstern and Luigi Einaudi (by Giovanni Pavanelli and Chikako Nakayama ) - This article analyses the intellectual links between Oskar Morgenstern and Luigi Einaudi through an analysis of their correspondence between 1928 and 1961. It focuses on Morgenstern’s formative years, on Einaudi’s role as intellectual mentor and on contemporary debates regarding economic policy. In particular, it examines the period Morgenstern spent in Italy as a Rockefeller Memorial Fellow (June-November 1928), focusing on the scholars he meet and the research projects he undertook. It also analyses his intellectual ties with Einaudi and other Italian economists during the thirties he promoted the translation into German of De Viti de Marco’s I principi dell’economia finanziaria and the publication in the Zeitschrift für Nationalökonomie of several articles by Italian scholary. This work also analyses his participation, together with Einaudi, to the debate on the introduction and the abolition of exchange control in Austria. Key words: Oskar Morgenstern; Luigi Einaudi; Austrian School of Economics; Italian Economic Thought; Exchange Control in Austria.
"The Eyes upon Future rather than Past". Relationship between History and Economic Theory in Luigi Luzzatti (byTito Menzani) - Luigi Luzzatti (Venice 1841 Rome 1927) was a very important intellectual and political figure, regarded as the Italian father of cooperative banking. Scholarly debates on Luzzatti who also contributed to economics in a historical perspective have focused on the importance of theory for his historiographic methodology. In this paper we adopt an opposite approach and argue what was the role of economic history in Luzzatti’s economic theory. In brief, in which terms and within which limits can we identify history as the basis used by Luzzatti to develop his own economics? Keywords: Luzzatti; Historical methodology; Economic history; Economic theory; Political economy.
Financial Accounts in Europe: Beginnings, Development and Harmonization (by Riccardo Massaro) - Modern financial accounts are a group of interconnected statistics that give information on financing flows across all sectors. Their construction requires the solution of several conceptual and practical problems. The essay describes the evolution of financial accounts, mainly focusing on European countries and institutions. The starting point is the reflections of Keynes in the 1930s on the financing of investment. Requests for precise financial statistics were later formulated by various bodies, to closely monitor the evolution of the economy. A perspective is provided on the progress made in the compilation of financial accounts and on outstanding issues. Keywords: Financial accounts; Sector financing; Liquid assets; International institutions; European convergence.
What Can Economists Learn from Catholic Social Thought? (by Charles M.A. Clark) - For most of the 20th Century economists have tried to eliminate ethical analysis from economic theory. This has been to the detriment of economics, because ethical analysis is an essential part of economic behavior. Catholic social thought examines economic and social life from an explicitly ethical perspective, the perspective of the Gospels. It is the argument of this essay that economists can learn a great deal from the Catholic social thought tradition, especially how to examine economic issues based on a view of the human person grounded in human dignity rather than the narrow and unrealistic rational economic man model widely used. Keywords: Catholic social thought; Religion and economics; Social values; Ethics and economics.
The Individual in Recent Economics: Internalist and Externalist Conceptions (by John B. Davis) - This paper examines different conceptions of the individual in a number of recent new approaches in economics, including prospect theory, market experimentalism, social preferences views, the game theoretic approaches of Michael Bacharach and Don Ross, and civil happiness views. These conceptions are classified as internalist or externalist according to whether they explain individuals by reference to their own characteristics or in terms of their relations to other individuals. It is argued that the task any particular conception of the individual in economics encounters is to explain how the individual concept applies at one and the same time to single persons, any of a person’s different selves, and collections of persons. The internalist conceptions reviewed are argued to ultimately be circular, and either fail to explain how individuals have multiple selves or how individuals can be part of collective individuals. The externalist conceptions reviewed offer potentially viable conceptions of individuals in both respects, but do not explain how individuals thus understood endure through processes of change. Keywords: Individual conception; Prospect theory; Market experimentalism; Social preferences; Michael Bacharach; Don Ross; Civil happiness.
Ict use amongst the over-50s: a study of new aspects of social and regional inequalities The literature on the digital divide highlights the fact that the diffusion of Icts, and in particular the introduction of internet, has given rise to new dynamics in relation to the production and reproduction of social inequalities, based on a social division of access to the web and on different modes of accessing the web. Digital inequalities are associated to different degrees of exclusion from the use of Icts, in relation to the ability to access and exploit the new technologies, which depend on a range of variables, including age. As far as age is concerned, our research confirms the existence of an inverse relationship between age and levels and ability to use Icts. The article addresses the determinants of access and the ways Icts are used by adults, drawing on a telephone survey carried out in September 2006. The random sample consists of about 1,100 people aged between 50 and 70 living in the two Italian provinces of Naples and Bologna.
Women’s migration paths and socio-economic integration of immigrated women to Milano The aim of this article is to put forward a hypothesis on feminine migration paths. By relying on the literature on citizenship regimes and on welfare states we aim to outline a hypothesis on the role of women migrants in the countries of migration. We assume that patterns of migration in which women follow their male working partners and trends in feminine migration in which women play a more autonomous role in taking the decision to migrate, tend both to segregate women in peripheral socio-economic positions thus reproducing gender asymmetries. Women tend in fact to occupy either peripheral positions in the labour structure of the countries of arrival or the private sphere as housewives. By using 1991, 2001 census data and 2005 Ismu data, we present empirical data on patterns of social and economical integration of three major migrant groups in Milan: Filipinos, Egyptians and Ecuadorians. These data provide us with evidence on the peripheral role of migrants women deriving from an ethnic conception of citizenship and a corporatist welfare state system due to which ethnic and gender based inequalities overlap.
Trajectories and weaves in women’s and men’s career stories. A gender perspective of transitions between work and not work Studies on gender, work and organizations have shown that the persistence of significant disparities between women and men’s organizational careers is related to several factors. This article is based on 52 narrative interviews with women and men employed in some of the most important sectors in the province of Trento. We applied an analytic perspective to look at careers not as single lines, but as complex phenomena, weaves of trajectories linked to different dimensions. In particular the attention focused on turning points in the professional careers, in order to highlight the processes of identity and gender positioning and the mechanisms that generate inequalities in mens and women’s professional careers.
Intergenerational transmission of inequalities in Italy: social classes and the support of children in the early stages of their working career Italian welfare state is characterized by an extremely weak protection of young people at the time of their transition from the educational system to the labour market; the welfare of these individuals, therefore, is highly familiarized. At the same time, the Italian labour market is characterized by a low degree of intragenerational mobility, a disadvantage for higher educated people in terms of the time needed to get their first job, but quite a reward for educational attainment in terms of social desirability of the first occupation obtained. Therefore, the role of the family in protecting young people looking for their first job is extremely relevant. As a matter of fact, family protection allows highly educated Italians not to compete for lower occupational positions and to wait for a good job to be offered. However, families markedly differ in terms of the protection they can offer. The article shows that, net of income resources available, families of the high service class better protect their children while they are looking for their first job and that, during the first stages of children’s working career, they tend to promote children residential autonomy much more than families of other social classes do.
Social Cohesion and Economic Vulnerability in Europe This article examines the relationship between social cohesion and economic vulnerability in Europe. The analyses are built around two main research hypotheses. The first one argues the existence of a direct and negative association between economic inequality and social cohesion. The second states that this connection is mediated by some factors including the individuals’ position in the stratification system (i.e. social class). Finally, we believe that welfare state could be relevant because of its influence on both the relationship between social class and economic vulnerability and the link between social cohesion and economic vulnerability. The empirical analysis based on the European Quality of Life Survey (Eqls) carried out in 2003 shows the central role played by the welfare state and the existence of a direct and negative connection between social cohesion and economic vulnerability, only partially mediated by the effect of social class.
Social vulnerability and new social inequalities The characteristics and dimensions of social risks are rapidly changing in Western European countries. The so-called European social model was founded on the association between permanent employment, stability in the division of roles within the family and the progressive extension of welfare guarantees. All these conditions seem to be lacking in contemporary society because of the greater job insecurity and the consequent discontinuity in incomes, the organisational tensions in the family and the inertia of the welfare system. Taken together these transformations are causing social vulnerability and affecting a substantial proportion of the middle classes. Four new social risks are identified in the article: the diffusion of income instability, the growth in temporary work, the difficulties in reconciling caring and working and the explosion of a dependent population determined by the ageing population. The notion of social vulnerability is then introduced to provide an understanding of the new nature of social risks. The possible impact on social inequality is therefore analyzed. Finally, possible implications for welfare policy are illustrated.
The professional workers of the Italian Pension System for new types of employee (Gestione Separata Inps): career paths The Italian debate upon new forms of employment mainly focussed on stock measures to demonstrate how dynamics grew up, while only few studies considered the flows. In this article we analyse an administrative dataset from Italian Pension System for new types of employee (Gestione Separata Inps) in order to study how many people enter and exit this employment and pension condition. The group is basically split into two typologies: parasubordinati (i.e. autonomous employees) and free-lance without register (Partite Iva). The results emphasise that there is not any shooting up trend in stocks; the «parasubordinati » have longer careers in that condition (though we can’t say much more about it, it generally looks like a less secure form of employment than Partite Iva); there is a general phenomenon of upheaval among Partite Iva whose trajectories in this condition are shorter and more difficult to identify. As a result we can say that the main new forms of employment in Italy are legally (and supposed to be) autonomous but actually play a rather passive role in the labour market. Thus, it is not simple to distinguish between strong workers and feeble and precarious workers because of an impossible merging with other sources, and it is very difficult to understand the future trajectories of these people. On the other hand this data may highlight the real dynamics about trends, stocks and flows.
Weaknesses and inequalities in the subordinate work: some empirical findings on incomes and opportunities for professional training and career advancements The ongoing organisational restructuring is splintering workforce, dispersing it in a variety of territories and according to different working conditions in terms, first of all, of pay, stability, protection career and life-long learning opportunities. The essay provides an overview of the empirical findings in connection with the existing disparities in the world of subordinate work, focusing specifically on two aspects: income and opportunities for life-long learning and training opportunities and professional career advancements. Within this context a segment of the workforce results being more disadvantaged compared to the rest. While the most important dimensions of the disparity continues to be the educational level, type of work and gender, other dimensions have been considered in the present work.
Privatizations in care services and inequalities in the workplace. The experience of public-private partnerships In Italy, as in other European countries, there is a trend to transform public health and social services into privately run organizations known as public-private partnerships, which involve direct cooperation between private and public bodies in the ownership and governance of such organizations. One of the fundamental aims of these partnerships is the opportunity to shift to more flexible and economical work regulations, by applying private sector employment contracts and replace public sector contracts. This article examines examples of health and social service sectors in Emilia-Romagna and Lombardy, in order to investigate the effects of the transition to the new contractual regimes and the potential creation of inequality among different kinds of workers. Apart from some general similarities, relevant differences tend to be created between health services and social services in the application of private sector contracts. Within health services, changes in work regulations are limited, ambiguous and not necessarily detrimental for employees. In social services, changes are apparently negligible but could actually quickly become more significant and unfavourable. The conclusion briefly analyses these differences and some explanations are advanced.
Personnel recruitment and factors of social inequality. A research on companies’ choices of personnel This paper concentrates on young new graduates entering the Italian labour market and the criteria adopted for their selection. Selectors can evaluate a series of individual data out of which they can extract future productivity indicators. The literature distinguishes these data between acquired characteristics (i.e. educational experience) and ascribed characteristics such as age, gender, social origin, ecc.; basic and transversal skills. In order to test the criteria adopted by selectors, the research used an experiment of selection process simulation (through a quantitative technique named factorial survey) and a qualitative indepth examination. The first conclusion we can draw is that selection criteria vary depending on ‘technical jobs’ and more ‘general jobs’. A second important deduction is that we can observe not only differences related to the type of job, but also standard criteria (both related to ascribed and acquired characteristics) as indicators of individual propensities and strong filters of selection.
Women as actors of social change: women and work in five urban areas Huge social, economic and demographical processes are changing developed countries and affecting reproduction patterns (fertility, ageing, household organization, education) and labour market regulation. Sociological literature failed, in a measure, to consider territorial variability of those processes. This paper focuses on social change comparing five urban areas (Milan, Florence, Rome, Naples and Bari) and, considering women as key actors of social change, analyses female labour participation and its transformation between local contexts and generations, using data from a recent survey on social change in Italian urban areas. The authors show that women living in the Northern and Central urban areas actually have undertaken a deep transformation in working career and social roles, getting close to the European standards and setting a cleavage with women living in the South, whose life strategies are strongly influenced by traditional models.
Local development and institutional building Since the mid ’80s, awareness about the dependence of development processes on the specific territorial setting has spread and there is common agreement on the fact that competition is mainly between local systems. The fact that the territory represents a reality defined by relationship streams where social actors play a pivotal role has re-launched the discussion about institutions. The present work introduces the results of a study performed on two out of five Regional Parks founded in Campania: Parco del Matese, situated between the provinces of Benevento and Caserta, and Parco di Roccamonfina/Foce Garigliano, in the province of Caserta. More precisely, the author focuses on the process that led to the development of these two local authorities with the aim of highlighting weaknesses and strengths of the related institutional building process.
Women in Northern and Southern Italian labour markets The extent of gender disparity In the past thirty years, in Italy, as well as in many other countries, women’s participation to the labour market has substantially increased. This improvement prospected potential increasing opportunities for women and was supposed to bring greater gender equality. However, despite some relevant progresses, the gender gap in the labour market is far from being filled, especially with regard to the South of Italy where the gap-closing pace is very slow. The analysis of labour force participation rates and employment-to-population ratios in the 1978-2006 period shows that gender disparities in Italy are greater than in many other countries (though less perceived) and concentrated by territory, also because of a widespread social acceptance. This article shows that rising female participation and employment do not necessarily mean that labour markets are positively developing for all women: in fact, the actual main change taking place in the Italian labour market during the past thirty years, is the enhancing of working-life course and expectations which considerably contrast when confronting women in the North of Italy and women in the South of Italy.