The cooperative credit system in Europe has been affected to a lesser extent by the crisis than other banks: cooperative banks have maintained a good quality of loans and a low pro-cyclicality of credit supply. The paper aims to investigate, in the years 2007-2009, the influence of some features...

The derivation of loss distribution from insurance data is a very interesting research topic but at the same time not an easy task. To find an analytic solution to the loss distribution may be mislading although this approach is frequently adopted in the actuarial literature. Moreover, it is...

<Para ID="Par1">We illustrate a class of conditional models for the analysis of longitudinal data suffering attrition in random effects models framework, where the subject-specific random effects are assumed to be discrete and to follow a time-dependent latent process. The latent process accounts for unobserved...</para>

The present study aims to test Meltzer and Richard’s (1981) hypothesis that lower-income individuals vote for candidates who favor higher taxes and more redistribution. Assuming that left-wing parties advocate a general increase in taxation, we estimate a vote function for the French Cantonal...

The primary purpose of this paper is to comprehensively assess households' burden due to health payments. Starting from the fairness approach developed by the World Health Organization, we analyse the burden of healthcare payments on Italian households by modeling catastrophic payments and...

E±ciency has a key-role in the measurement of the impact of the National Health Service (NHS) reforms. We investigate the issue of in- e±ciency in health sector and provide empirical evidence derived from Italian public hospitals. Despite the importance of e±ciency measure- ment in health...

We describe a mixed-effects hurdle model for zero-inflated longitudinal count data, where a baseline variable is included in the model specification. Association between the count data process and the endogenous baseline variable is modeled through a latent structure, assumed to be dependent...

The derivation of loss distribution from insurance data is a very interesting research topic but at the same time not an easy task. To find an analytic solution to the loss distribution may be misleading although this approach is frequently adopted in the actuarial literature. Moreover, it is...