This study seeks to construct a basic reinforcement learning-based AI-macroeconomic simulator. We use a deep RL (DRL …) approach (DDPG) in an RBC macroeconomic model. We set up two learning scenarios, one of which is deterministic without the … technological shock and the other is stochastic. The objective of the deterministic environment is to compare the learning agent …

Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets …. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges … improving their corporate governance, more needs to be done. In this regard, further improvements should include: (i …

the general equilibrium effects of capital flows (portfolio investments and loans, FDI) on the governance of domestic … banks. We find that liberalization of capital flows may deteriorate the governance of the domestic financial system by …

resource abundance can contribute to growth. It finds that governance determines the extent to which the growth effects of …

restraint, can underpin growth, although sometimes other elements can also impact. Since better governance is associated with … lower debt, fiscal adjustment should be supported by governance improvements. …

capability, better governance and institutions, technological symmetry and social acceptance-causes income to increase and income …