[1] Univ Madeira, Dept Management & Econ DGE, Funchal, Portugal
[2] Sapienza Univ Rome, Dept Jurid, Econ Studies DSGE, Rome, Italy
[3] Ctr Appl Econ Studies Atlantic CEEAplA, Ponta Delgada, Portugal
[4] Inst Lab Econ IZA, Bonn, Germany
[5] Global Lab Org GLO, Essen, Germany
[6] Bank Italy, Struct Econ Anal Directorate, Rome, Italy