A new generation of studies has called into question standard microeconomic predictions of a positive association between women’s economic independence and union dissolution, and suggests that it is necessary to include information about both partners’ contributions to paid and unpaid work...

A direct Maximum Likelihood (ML) procedure to estimate the "generally unidentified" across-regime correlation parameter in a two-regime endogenous switching model is here provided. The results of a Monte Carlo experiment confirm consistency of our direct ML procedure, and its relative efficiency...

Home-ownership is the most important asset among the elderly in Europe, but in this domain very little is known about gender differences. This paper aims at exploring the link between gender, living arrangements, monetary poverty and home tenure among older Europeans, in order to identify the...

The aim of this article is to describe the rise and fall of the workhouse system in connection with the developments that took place in economic thought, in the transition from Mercantilism to pre-classical and classical tradition. By examining the economic arguments emerging from the debate...

In this paper we develop an heterogenous agents model of asset price and inventory with a market maker who considers the excess demand of two groups of agents that employ the same trading rule (i.e. fundamentalists) with different beliefs on the fundamental value. The dynamics of our model is...

In this paper, we analyze a heterogeneous agent model in which the fundamental exchange rate is endogenously determined by the real markets. The exchange rate market and the real markets are linked through the balance of payments. We have analytically found that there exists at least a steady...

The aim of this article is to analyse the relationship between the thinking of a major public finance scholar in the Italian tradition, Antonio De Viti de Marco, and the foundations of the ‘new’ economic policy which, at the end of last century in most industrialised countries, generated a...

This paper analyses the role of individual subjective wellbeing (SWB) in conjunction with personality traits (PTs) in childbearing behavior. We use the German Socio Economic Panel to estimate the way satisfaction matters for having a child. We find that SWB positively predicts childbearing, with...

Questo lavoro illustra il disegno sperimentale split-plot ponendo l’attenzione allo sviluppo che questo piano sperimentale ha ottenuto negli ultimi anni in ambito tecnologico e ambientale. In particolare, tale disegno sperimentale è qui brevemente introdotto considerando la struttura...

This paper investigates the interest rate pass-through in eight European countries analyzing their short-run and long-run monetary transmission mechanisms. We investigate the relationship between the Euribor and the long-run interest rate on loans to non-financial corporations and allow for a...