This paper analyses both the recent transformations of capitalism in Latin America and the popular resistances of mass movements and class organizations. The revolutionary progresses observed on this continent are also examined, in particular the failure of the FTAA, the opening of the ALBA, the...

L'articolo esamina la corruzione amministrativa in una burocrazia strutturata con funzionari a giurisdizioni sovrapposte. L'analisi viene condotta ricorrendo a modelli della domanda e dell'offerta delle prestazioni fornite dai funzionari dietro versamento di tangenti. La diffusione della...

This paper examines the economic and social aspects of migration flows to Europe from the Mediterranean countries and the different problems that these flows are creating in the countries of the European Union, who has long lived a long crisis. The work also seeks to provide some indication of...

Growth Diagnostics, GD, by Ricardo Hausmann, Dani Rodrik and Andrés Velasco, represents a useful and practical approach in order to identify the most binding constraints to explain low economic growth. According to the authors the full list of specific economic constraints is unknowable...

The thesis develops the option pricing model with interest rate model in stochastic environment by analyzing insurance field in asset liability management context and regulatory puorpose from the management prospective.

The thesis develops the option pricing model with interest rate model in stochastic environment by analyzing insurance field in asset liability management context and regulatory puorpose from the management prospective.

In this work we have found a relevant increase in the systematic risk of the American real estate securities in the year 2007 which go to the initial values in the year 2009. With the aim to evaluate the systematic risk we have used the Fama-French three factor model and we have studied the...

This paper shows the results of a survey on firms regarding the changes that are occurring in the bank-firm relationship in view of Basel II. The survey has been conducted on an national basis together with a local one directed to small firms localized in the regions of Emilia-Romagna, Puglia...

This paper presents a survey of the literature on the determinants of inter-firm credit and on its implications for the transmission mechanism of monetary policy. Theoretical explanations for trade credit can be divided in two categories: a) theories based on real functions performed by trade...

Obiettivo del lavoro è verificare se, ed in quale misura, alcune norme fiscali introdotte nel periodo 1996 – 2006 (“Visco” Vs. “Tremonti”) abbiano determinato per le imprese un incentivo al finanziamento tramite ricorso all'indebitamento, ovvero tramite equity. Dopo una breve disamina...