<span style="font-size: 9.5pt"><span style="font-size: 9.5pt">This paper presents a new stochastic model of asset pricing, based on agents with heterogeneous beliefs. Forecasting rules of all agents are characterized by a stochastic term that</span><span style="font-size: 9.5pt">works as an agent-based time dependent weight of the conditional expectation of the fundamental. Since we consider...</span></span>

<span style="font-size: 9.5pt"><span style="font-size: 9.5pt">In this paper we study the dynamics of a discrete triangular system T in capital per capita and population growth representing the neoclassical growth model with CES production</span><span style="font-size: 9.5pt">function and differential savings, under the assumption that the labor force growth rate is</span><span style="font-size: 9.5pt">endogenous and described by a...</span></span>

We study the dynamics shown by the discrete time neoclassical one-sector growth model with differential savings as in Bohm and Kaas (2000) while assuming a nonconcave production function in the form given by Capasso et. al. (2010). We prove that complex features are exhibited related both to the...

We study the dynamics of a one-dimensional piecewise smooth map defined by constant and logistic functions. This map has qualitatively the same dynamics as the one defined by constant and unimodal functions, coming from an economic application. Namely, it contributes to the investigation of a...

In this paper we analyze the dynamics shown by the neoclassical one-sector growth model with differential savings as in Bohm and Kaas (2000) while assuming CES production function and the labour force dynamic described by the Beverton Holt equation (see Beverton and Holt, 1957). The resulting...

We study the relationship between corruption in public procurement and economic growth, within the Solow framework in discrete time, while assuming that the public good is an input in the productive process and that the State fixes a monitoring level on corruption depending on the tax revenues....

<p> This paper analyzes the relation existing between corruption, monitoring and output inan economy. By solving a dynamic game we prove that equilibrium output is a non-linearupper-hemicontinuous function (MP function) of the monitoring level implemented by theState on corruption, presenting 3...</p>

<span style="font-size: 9.5pt"><span style="font-size: 9.5pt">This work provides a framework to analyze the role of financial development as</span><span style="font-size: 9.5pt">a source of endogenous instability in emerging economies subject to moral hazard</span><span style="font-size: 9.5pt">problems. We study a piecewise linear dynamic model describing a small open economy</span><span style="font-size: 9.5pt">with a tradable good produced by internationally mobile...</span></span>

<span style="font-size: 9.5pt"><span style="font-size: 9.5pt">The article is devoted to the study of global attractors of quasi-linear non-autonomous</span><span style="font-size: 9.5pt">difference equations, in particular we give the conditions for the existence of a compact</span><span style="font-size: 9.5pt">global attractor. The obtained results are applied to the study of a triangular economic</span><div><span style="font-size: 9.5pt; line-height: 115%">growth model recently developed...</span></div></span>

The New Economic Geography (NEG) literature has paid little attention to the role of the banking industry in affecting where firms decide to locate their business. Within the framework of the NEG, this paper aims to fill this gap by studying the impact of the degree of regional financial...