Italian Abstract: Presentiamo un modello stocastico multivariato, per sviluppare stress test finalizzati a valutare l'adeguatezza patrimoniale delle banche e il loro grado di fragilità finanziaria. L'articolo fornisce una descrizione teorica del metodo e delle caratteristiche essenziali del...

Recently, within several debates, the idea of a participatory economy has been recovered as a viable solution towards labour and firm’s costs flexibility to cope with unemployment and the increasingly competitive economic environment. This paper is an attempt to integrate the main recent...

The Economic Value Added formally translates the theoretical notion of excess profit (also known as residual income). Its use is so firmly entrenched in applied corporate finance and management accounting that its name is often used as a noun for denoting the concept of excess profit itself....

In capital budgeting, the internal rate of return (IRR) criterion and the net present value (NPV) criterion are considered incompatible in several cases. A longstanding debate developed in past years about the reliability of either method is still an issue of investigation (see, for example,...

Italian Abstract: Questa tesi tratta problemi di valutazione delle opzioni cosiddette "reali". La prima parte descrive le due tecniche di valutazione principali (contingent claims analysis e programmazione dinamica stocastica), la seconda parte si concentra sulle opzioni "comuni" (cioè,...

Since the dawn of managerial sciences (Maier, 1955), the basis of professional performance has set the equation Work Performance = Competence x Motivation. Although brings back in a traditional logic of exchange employee-company, the new rights and duties on front of the company consist...

Collective bargaining at company level has not been particularly widespread, especially at small firms and in the South. The Bank of Italy’s survey shows that performancerelated wage premia have been paid irregularly and have involved only small amounts. Nevertheless they have fostered a...

The article explores the relationship between flexibility and skills development: the initial hypothesis was that precariousness and flexibility had a negative correlation with the opportunity to develop professional skills. Rather surprisingly, in Italy it seems that being employed on contracts...

Youth leaving school and searching for a job suffer of work experience gap. This is very similar to the skill mismatch that occurs after a shock of demand or supply of competencies: to adequate the supply of competences to the new needs, it is necessary to modify the education and training...

the chapter discusses labour mobility in Veneto from VWH (Veneto Worker Histories) database: 1982-1997. Mobility is related to the business cycle and to workers' careers. The population is split between movers and stayers, and the likelihood of chequered careers and instability is discussed.