Climate-related risks are due to increase in coming years and can pose serious threats to financial stability. This paper, by means of a DSGE model including heterogeneous firms and banks, financial frictions and prudential regulation, first shows the need of climate-related capital requirements...

The importance of transport is no longer needed to be underlined. Despite all statistical numbers and whichever other analysis, it is obvious that a well developed transport system with certain leads to economic growth. The last decades lead to an unprecedented development of global foreign...

In a period in which global economy globalization emphasizes, in which economic competition is more and more accentuated, surviveing and/or prosperity of an organization depends more and more by organization’s members behavior. Employees af a successfull organization not only respect attaching...

Transport is an essential element in achieving European Union desideratum to create a dynamic economy and social cohesion at European level. Continuous growth of goods volume and of the number of people that move daily in the European area, most of them by car, determined a deep imbalance...

Finding new solutions that point out existing human potential in SMEs is an important element in reviving the national economy. Featured by diminished personnel, high flexibility and the possibility of a fast answer to external factors development, SMEs are based on human agent and on informal...

Climate-related risks are due to increase in coming years and can pose serious threats to financial stability. This paper, by means of a DSGE model including heterogeneous firms and banks, financial frictions and prudential regulation, first shows the need of climate-related capital requirements...

The recent fi nancial crisis revealed several flaws in both monetary and fi nancial regulation. Contrary to what was believed, price stability is not a suffi cient condition for financial stability. At the same time, micro-prudential regulation alone becomes insu fficient to ensure the financial...

In the aftermath of the 2008 global financial crisis, it has been argued that monetary policy should prevent raising financial risk by responding actively to financial imbalances. This paper investigates the extent to which a central bank's reaction to financial instability may be incompatible...