The distinctive element for financial advisors is represented by their interpersonal skills, more than technical expertise, in order to meet the growing demand of investors for competence, empathy and efficiency

This paper analyzes the methods of rating attribution of the major international agencies (Moody’s, Fitch and Standard & Poor’s) between 2005 and 2010 for a sample of Italian and European listed banks and tests empirically, through the multivariate analysis of Ols, the possible relations of...

The purpose of this study consists in verifying if climatic differences can help to explain the different economic growths path across Italian provinces. Focusing on literature on economic convergence on one hand, and that on economics of climate on the other, the work depicts how climatic...

Today tourism represents one of the most dynamic economic sectors of the world. Although majority of international tourism takes place within the developed world, recently tourism has increased significantly in the developing countries, mainly in the Southeast Asian and Pacific countries. This...

The causal relationship between economic growth and energy consumption represents a widely studied topic in energy economics literature. Although it is very well known that there is a strong correlation between energy use and growth, the issue of causality still remains to be answered. This...

Foreign direct investment (FDI) from Multinational Enterprises (MNEs) can generate positive externalities to host countries, increasing domestic firms' productivity. Recently, the attention of researchers has moved from the analysis of ''horizontal'' spillovers – i.e. those benefits to local...

The present paper aims to test the impact of incoming Foreign Direct Investment (FDI) on local wages in the Italian manufacturing sector by using firm level data from 2002 to 2007. Results initially show the lack of wage spillovers at both horizontal and vertical level, meaning that the effects...

The absorptive capacity represents the ability of enterprises to efficiently absorb and internalise knowledge from outside: it represents the link between firms’ capabilities to implement new products and the external stock of technological opportunities, such as those spilled-out from...

In recent years, millions of poor people worldwide have benefited from microfinance activities, such as microcredit, microsaving and microinsurance, making this range of financial services a key-tool for economic growth of many developing countries. At the same time, the concept of Sustainable...