The Italian banking system underwent major transformations during the 1990s. This book seeks to depict the effects of those changes on the Italian economy. Using credit rationing as an indicator of financial development, it also explores to what extent financial development serves as an...

The Italian banking system underwent major transformations during the 1990s. This book seeks to depict the effects of those changes on the Italian economy. First, using credit rationing as an indicator of financial development, the book explores to what extent financial development serves as an...

The paper examines the main factors that affect the incentive to cooperate in R&D, inquiring into the effects of cooperation on incentives to innovate in both a complete and an incomplete contract framework. It considers several forms of cooperative agreements and studies the circumstances that...