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Persistent link: https://www.econbiz.de/10014494143
Among the many studies on migration before the Great War, Italy has received little attention, with a few notable exceptions and without providing a convincing explanation of its economic and demographic determinants. Standard neoclassical approaches explain emigration as driven by relative...
Persistent link: https://www.econbiz.de/10011730835
The Capability Approach argues individual advantage should be evaluated in the space of freedom of choice, that is in the space of capability. Yet, empirical applications are hampered by the lack of appropriate data and indicators. This paper aims at providing a reliable and valid indicator...
Persistent link: https://www.econbiz.de/10011730846
In this paper we analyze the effects of adverse selection due to asymmetric information on the optimizing behavior of risk neutral firms and banks in a competitive loan market. Realized film returns have the monotone likelihood ratio property (MLRP) with respect to quality, in the sense of...
Persistent link: https://www.econbiz.de/10011651064
Persistent link: https://www.econbiz.de/10012432712
In this work we study the relation between investment in R&D, the technological innovation, diffusion, fluctuations and growth of output. Technological innovation is the result of a process (investment in R&D) whose final outcome is fundamentally uncertain. We model innovation as a Polya urn...
Persistent link: https://www.econbiz.de/10011651038
In the following Part II the deterministic and stochastic laws of motion arising from the processes depicted in Part I (particulary Section 2), are analyzed in detail. In section 4 we study the typical non-linear logistic model emerging as the deterministic equivalent of the diffusion processes...
Persistent link: https://www.econbiz.de/10011651039
I recenti sviluppi teorici in tema di teoria della crescita e del ciclo e la disponibilità di nuove serie di dati di lungo periodo consentono una aggiornata esplorazione delle caratteristiche dello sviluppo economico italiano nell'ultimo secolo. In questo lavoro tale esplorazione prende tre...
Persistent link: https://www.econbiz.de/10011651056
In this paper we try to assess the nature, size and consistency of recent economic growth in Mozambique. We attempt to verify whether and to what extent this growth is unprecedented as has been claimed. We look at the available data to assess whether this growth is even across sectors and GDP...
Persistent link: https://www.econbiz.de/10011651275
The end of the Cold War and the apparent stability of the contemporary international system, in which the probability of a major war is at its lowest for centuries, have spurred a lively debate on the causes of peace. One of the most popular explanations is based on the classic liberal statement...
Persistent link: https://www.econbiz.de/10011651281