The traditional method to describe commodity markets with rational expectations is to link commodity prices with market shocks both on the supply and demand side. This study extends the traditional approach by specifying both the price and stock paths in terms of short and long run demand...

We study the link between the flexibility of Italian labour market and innovation is analysed, paying attention to the sectoral and spatial dimension. We used as independent variables two indicators of flexibility in labour market, turnover and wage variability, whereas the number of patents was...