The paper explores the impact of women workers’ dominance in sericulture sector upon the process of inclusive development in the rural household sectors of West Bengal. Role of women in this artisanal silk sector has been historically evolved. Her patience, perseverance, caring attitude and...

The massive stocks of foreign exchange reserves, mostly held in the form of U.S. T-Bonds by emerging economies, are still an important puzzle. Why do emerging economies continue to willingly loan to the United States despite the low rates of return? We propose that a dynamic general equilibrium...

Discernible growth of gold loan NBFCs recorded mainly on the backdrop of appreciation in gold price affirming the indicators of financial soundness such as capital adequacy ratio, Non Performing Asset (NPA) and share of borrowing in the total asset of bank that are contained well within the...

This paper focuses on the debate held in the twenties and thirties of the last century between libertarian economists and socialist economists, following the denial by the first ones of the feasibility of a socialist economy. This controversy is well known to specialists and has been widely...

This paper considers a "war of attrition" game in which agents learn about an uncertain state of the world through private signals and from their peers. I provide existence and uniqueness results for a class of equilibria that satisfy a "full-participation" condition, and show that asymmetries...

Consumers often purchase more than one differentiated product, assembling a portfolio, which might potentially affect substitution patterns of demand and, as a consequence, oligopolistic firms’ pricing strategies. To study such consumers’ portfolio considerations, this paper...

This work analyzes the impact of asymmetric financial constraints on the platforms of parties using a formal model of elections. Main results show that when a party faces a tight financial constraint the platform chosen in equilibrium is further away from its ideal point compared to the case...

This note is intended to provide an initial assessment of the potentialities of the data reconstruction work, relating to labour market series, carried out as part of the SVIMEZ volume for the Sesquicentennial of the Unification of Italy. To this end, we develop some considerations on a key...

We propose a differential game approach to analyze two--candidate competition in a la Hotelling game with candidates simultaneously choosing locations and investment in valence. We find a Markov perfect equilibrium in which candidates choose divergent locations. Divergence from the median is...

Using a unique set of electoral rules present in the Austrian state of Vorarlberg, we explore the question whether local electoral rules affect the size of local governments. We find evidence that party--list system is associated with higher levels of expenditure and that direct elections of the...