The aim of the course is to provide students with rigorous economic tools for the modern analysis of public policies. We will review the justifications for the economic role of the state, focusing on the role of public expenditure, taxation and regulatory policies. We will supplement the analysis of theoretical models with evidence from Italian public policies. We will focus on the underlying motivations behid public interventions and on the effect of public policies in terms of efficiency and equity. At completion of the course students should be able to: - Understand and evaluate critically the justifications for the public intervention in the economy. - Analyse and assess rigorously public policies on the basis of economic theory. - Master the economic analysis of the main italian taxation tools.
-Market failures and possible interventions: externalities, public goods, natural monopoly, asymmetry of information.
- Redistribution (cash and in-kind)
-Decentralization: theory and the implementation in Italy
-Social security: pensions, health care, poverty and unemployment insurance
-Pension systems: the rationale for public intervention; characteristics of different pensions systems; pension reforms in Italy since the 1990s.
-Alternative financing tools: taxes and debt;
-General principles of taxation: equity and efficiency considerations;
-What characterises taxes: tax bases and tax rates;
-The economic impact of taxation
-The main characteristics of the Italian tax system: personal income tax, corporate taxation, taxation of returns on capital, indirect taxes, local taxes.
|P. Bosi e M.C. Guerra||I tributi nell'economia italiana||Il Mulino||2021||Il testo sarà disponibile presumibilmente a partire dal mese di marzo 2021|
|H.S. Rosen e T. Gayer||Scienza delle Finanze (Edizione 5)||McGraw-Hill||2018||9788838694707|
Details concerning assessment will be published as soon as more precise information regarding any limitation to activities due to the current health emergency is available