We study Italian households’ portfolio choices, with a special focus on equity investments, by analysing jointly time series and cross-sectional portfolio data. We investigate the temporal evolution of the actual composition of Italian households’ investments in order to explain their...

This paper deals with optimal international portfolio choice by developing a latent class approach based on the distinction between international and non-international investors. On the basis of micro data, we analyze the effects of many social, demographic, economic and financial...

The growing relevance of tourism industry for modern advanced economies has increased the interest among researchers and policy makers in the statistical analysis of destination competitiveness. In this paper we outline a new model of destination competitiveness based on sound theoretical...

The aim of the paper is to provide an analysis of contagion through the measurement of the risk premia disequilibria dynamics. In order to discriminate among several disequilibrium situations we propose to test contagion on the basis of a two-step procedure: in the first step we estimate the...