The Foreign Direct Investments (FDI) are international investments aimed at the acquisition of durable participations (control, on an equal basis or on a minority basis) in a foreign firm (M&A) or at creating a foreign branch (Greenfield investments) implying a certain degree of involvement of...

The Federal Reserve System, also known as Federal Reserve (FED), is the central bank of the United States. It was founded when president Woodrow Wilson signed the Federal Reserve Act on 23 December 1913 with the scope of providing the nation with a safer, more flexible and more stable monetary...

The Value at risk (VaR) measure the risk of loss associated to financial assets. For a given time period (normally ranging from 1 to 10 years) and a with a given probability confidence (generally equal to 95 or 99%); this measure represents the maximum loss the investor can suffer when holding...

The main challenge the traditionally developed countries have to face today is competition from the newly industrialized countries. As the engine of development and the means for infusing and diffusing technological progress, and therefore for the growth of productivity in the system, levels of...

The Banking Union is a project started by the European Union since 2010 for the financial stability of the euro area. After the U.S. subprime mortgage crisis in 2007, a radical revision of the bank control systems became manifestly visible in the EU regulatory framework. The Banking Union is...

The term socialist market economy indicates the Chinese economic structure, characterized by a mixed system presenting the typical features both of market and planning economies. In this type of system, the political authoritarianism, due to the 1949 socialist regime, matches with a market...

Italian Abstract: La terra è un fattore di produzione, un mezzo per generare una vita, accumulare ricchezza e trasferirlo tra le generazioni. Le principali caratteristiche del terreno sono: l'immobilità, l'estensione fisica, l'indivisibilità, noduli e durata. Così terra serve come riserva di...

The Financial Instability Hypothesis-FIH (Minsky, 1977) explains the endogenous creation of the business cycle by considering how the economic units contribute to the capital development, and the debt impact. The FIH is a powerful model to describe how financial markets become unstable, also in...