n an Islamic economy, the financial sector functions to support the real sector. There are no interest rate based debt instruments. Financial assets are based on risk and return sharing and are contingent claims. Real as well as monetary forces determine the rate of return. As in traditional...

The analysis here is founded on certain analogies with the Great Depression of the Thirties and four fundamental points: innovations, changes in the market forms, changes in income distribution and the sustainability of debts. The duration of prosperity depends first of all on the importance and...

The possibility of crisis in the years ahead, as in the years that followed the first half of 1930, lies in private revulsion against the dollar − e.g. by Japanese insurance companies with their vast savings and limited investment opportunities at home, unmatched by public governmental efforts...

This special issue of the PSL Quarterly Review includes some articles which appeared over the years in the first series of our journal (then entitled BNL Quarterly Review: see Roncaglia 2008). The articles published below have been selected among those that can help us to best understand the...

Contribution to a series of recollections and reflections on professional experiences of distinguished economists. Originally published in the BNL Quarterly review,vol. 38 n. 154, September 1985 pp.211-221.

Paper originally published in the BNL Quarterly Review, vol. 54 n. 219, December 2001, pp. 341-353.

Paper originally published in the BNL Quarterly Review, vol. 57 n.229, June 1995, pp 131-139.

The article introduces the first issue of the PSL Quarterly Review (formerly known as Banca Nazionale del Lavoro Quarterly Review, or simply BNL Quarterly Review). In this work, Alessandro Roncaglia, editor of the journal, summarizes and personally re-interprets the decades-long history of the...

Paper originally published in the BNL Quarterly Review, vol. 56 n. 226, September 2003, pp.179-206.

Revised version of a paper read to the Anniversary (Fiftieth) Conference of the Islandic Economic Association on March 11, 1988. Originally published in the BNL Quarterly Review, vol. 41 n. 165, June 1988, pp. 135-145.