The increasing use of internal market models for market risk assessment and management promotes, in compliance with Basel II, better risk management practices but introduces at the same time the so called model risk. In the light of the many open issues connected to market risk, the aim of this...

English Abstract: They can be seen as the sum of a bond and an option (derivative component). The work explores some of the issues for the evaluation of the theoretical value (or fair value) of this type of bonds, providing an order of magnitude of the difference between the issue price (gross...

English abstract: This paper investigates how Covid mobility restrictions impacted the population of investors of the Italian stock market.The research is the result of a collaboration between Consob and the Scuola Normale Superiore di Pisa. The analysis tracks the trading activity of individual...

The paper addresses the issue of dynamic relationships between environment, health and growth. Its aim is to show that the dynamic of the three variables is very difficult to predict, and depends on the value of key parameters: nonetheless the paper tries to show that there is probably, at least...

A new approach to quality policies in health companies concerns the valuation of the mission of top management.The research has the goal to define the indispensable factors for top management to activate a quality system in hospital companies and afterwards to determine a pattern of social...

A new approach to quality policies in companies concerns the evaluation of the mission of top management. This topic has the goal to define the indispensable factors for top management to activate a new organisation in companies and afterwards to determine a pattern of social indicators...

La presenza di un’elevata concentrazione delle condizioni di malattia nelle aree disagiate è un tema molto dibattuto di salute pubblica. Da una parte si sostiene che tale concentrazione sia la manifestazione dell’effetto della povertà e del disagio individuale (effetto composizionale),...

This paper describes the main international trends in the demand for and supply and cost of hospital services in the last decades. In almost all countries, including Italy, there has been a substantial reduction in the total length of hospitalizations, a steady rise in the use of day-hospitals...

Italian abstract: Il paper affronta il tema del sostegno alla domiciliarità degli anziani fragili i cui bisogni non trovano adeguata risposta nell’offerta formale, di natura prestazionale e concentrata sulla non autosufficienza, e spesso nemmeno all’interno della famiglia, che ha una...