This paper highlights development of Ethiopian banking from the beginning of XX century to1936. In fact, the history of banking in Ethiopia dates back to the turn of the century, when, in1905, the Bank of Abyssinia was established in Addis Ababa, under the reign of Menelek II.This event marked...

Time discounting in the public sector remains a source of confusion and some academic controversy. The very concept of a ”social” discount rate, not revealed by the market, is rejected by mainstream financial economics. Elsewhere the setting of public sector discount rates equal to the...

The purpose of the paper is to analyse some results of cost-benefit analysis in a sample of ISPA (Structural Instrument for pre-accession countries) projects. The focus is particularly on the variability of financial and economic rates of return and how to integrate this information in the EU...

Web-surveys are more and more widespread due to their easiness and rapidity; nevertheless, the ones for which mailing lists are not used, cannot be scientifically valued as they show serious coverage errors. In fact, how it is underlined in par.2, the web-population P(w) represents only a subset...

Achieving the objective of making the European Union the most competitive and dynamic knowledge-based economy is not an easy task, as it requires increasing levels of collaboration between academics and policy-makers. The Sapir Report (2004) represents an important step in this direction,...

This work compares two models of corporate hedging, to show how optimal investment, debt, and hedging strategy can be strongly depen-dent on the mechanism linking the firm's internal funds to its return on investment. Approximated analytical solutions for hedging are ob-tained to shed light on...

Lo scopo di questo lavoro è quello di fare una panoramica sulla nozione di differenziabilità alla luce delle intuizioni pi?? recenti senza trascurare il lavoro dei primi matematici che si sono scontrati con queste tematiche.Le pagine che seguono puntano ad analizzare lo sviluppo di tale...

This paper provides a brief overview of the options available for environmental valuation and is organised as follows. After an introduction, section 2 discusses the concept of total economic value that provides a framework for describing, in economic terms, the ways in which environmental...