This paper aims to provide an empirical analysis concerning the different aspects of profitability of the Italian manufacturing firms of intermediate size, namely medium and medium-large size companies, for the period 2004-2010. It analyzes various aspects of firm profitability relating...

This paper aims at investigating the presence of extra profits for the factoring companies operating with health sector credits. Using a panel data sample representative of Italian factoring companies, the analysis also examines, along with other factors, the determinants of corporate financial...

In this paper, we propose a Bayesian VAR model to examine the short term effects of monetary policy shocks on the Italian economy. Firstly, our BVAR model uses the Cholesky decomposition to identify four kinds of macroeconomic shocks, namely, supply, demand, interest rate and monetary shocks....

In this paper, we analyze firms' pricing behavior using a full informative micro dataset that accounts for a large part of Italian firms. In our view, “the black boxes†to examine are the relations between price setting, market structure and spatial disparities. A first goal of the...

This paper aims at investigating the presence of extra profits for the factoring companies operating with health sector credits. Using a panel data sample representative of Italian factoring companies, the analysis also examines, along with other factors, the determinants of corporate financial...

In this paper we provide a simple model examining the choice between enforceable and non-enforceable contracts when, on the one hand, drafting an enforceable contract is costly and, on the other hand, fulfilling a non-enforceable contract is left to parties’ fairness. According to the previous...