This paper deals with the diffusion of innovations in a multi-technology setting. High up-front costs of adoption, heterogeneity among potential adopters, network interactions, information feedbacks and subsidy policies are reproduced by an agent-based percolation model of multi-technology...

Using a sample of Italian firms, I nvestigate the value-relevance of separate financial statements as well as the effects of adopting IFRS. I find that separate financial statements provide investors with useful information, regardless of the accounting standard set used for their preparation. I...

In this paper, we discuss IFRS 13 with regard to private equity valuation We raise issues on the fair value definition as an exit price and question the reliability of valuation techniques which are categorized into Level 2 fair value hierarchy. Our paper questions whether fair value as defined...

The paper aims to analyze the relationship between income concentration and inequality in education in China for the period 1989-2006. We first estimate the association between individual attributes and income over time and, then, calculate the contribution of education and its distribution to...

In large economic systems the observed data are usually macro-data; an agent-based model is a set of individual decision makers that in uence the macro behavior of the system both trough their direct actions and trough the in uence they have on the other decision makers. The complexity of the...

Negli anni più recenti la dimensione femminile delle migrazioni per lavoro ha assunto un peso importante a livello internazionale e in Italia. Questo articolo esamina l’inserimento lavorativo delle donne immigrate in Italia attraverso lo studio dei differenziali salariali di genere (rispetto...

The paper takes stake of the new trend of outward foreign direct investment (FDI) by multinational companies from emerging countries into developed countries to criticize the Heckscher-Ohlin-Samuelson theorem. A literature review exhibits that labour costs do not play any relevant role in the...

La Cina e l’India sono state protagoniste della letteratura economica recente non solo grazie alla rapida crescita economica che le caratterizza ma anche a causa della preoccupazione crescente per gli alti livelli di disuguaglianze sociali che si sono registrati parallelamente a tale crescita....

The internationalisation of the automotive industry in China and India sheds light on the economic processes of emergence at large. This evolution in the car industry serves as an analyser of the relationships between industrial policies, industrial partnerships and paths of technological...