The paper presents a first estimate of the size of the non-bank financial intermediation (NBFI) in Europe’s smallest member state as well as the regulatory implications for its monitoring. The assessment is based on the narrowing down approach introduced by the Financial Stability Board....

Behavioral economics is, nowadays, a well-established approach to investigate agents’ actions under economic incentives. In the last decade, a fast-growing number of studies have focused on the application of behavioral to health policy issues. The results of that stream of literature have...

This study aims to offer a formal analysis which relates provision of cultural goods to the society's level of cultural capital. Such a level is assumed to already exist in society and is increasable thanks to individual support for the offer of cultural goods. The achievement of the highest...

In the last few years, countries and commercial firms are increasingly interested in space activities for civil, military, and commercial purposes (Undseth et al., 2020). As it has been shown in NASA report (2019), investment in space program drives to significant economic benefits to the whole...

The aim of this study is to examine the role of institutional quality and its pillars on the cost efficiency of social services provided by local governments in Italy. To this end, a new advancement of panel cost stochastic frontier analysis is utilized to estimate how much institutional quality...

This study aims to offer a formal analysis which relates provision of cultural goods to the society's level of cultural capital. Such a level is assumed to already exist in society and is increasable thanks to individual support for the offer of cultural goods. The achievement of the highest...