Ricerc@Sapienza

The effects of the circular economy are highly debated, and its conceptualization has been accompanied by several controversies among policy-makers and businesses. In this work, we give an empirical contribution to the debate by focusing on the association of the circular economy with some socio-economic variables showing that, regardless of the environmental benefits, measures in favour of the implementation of circular economy practices can significantly and directly contribute to economic growth

This paper addresses the problem of ranking growth episodes from a microeconomic perspective.
While most of the existing criteria, framed in the pro-poor growth tradition, are either based on anonymous
individuals or are used to identify them on the basis of their status in the initial period, this
paper proposes new criteria to evaluate growth, which are robust to the choice of the reference period
used to identify individuals. Suitable dominance conditions that can be used to rank alternative growth

Some dangerous short- and long-termambiguities of fiscal policies arise from
the belief that Laffer effects may be generated from deficit-financed tax cuts able to
stimulate aggregate demand. However, even in a supply-side framework, fiscal illusion
prevents a rational perception of the effectiveness of Laffer-oriented fiscal measures.
The ambiguity of the Laffer effect led to an important series of studies of Francesco
Forte, designed to disclose and empirically test its interactions with short- and long-term