Some studies that investigate the effects of migration flows –based on Solow‟s growth theory (1956) and considering the specific contribution of the human capital transfer of migrant workers (Mankiw e al. 1992; Dolado e al. 1994, Piras, 1996) –allow to evaluate the negative...

The relationship between financial development and economic growth has received enormous attention in the economic literature of the last decade. The widely accepted consensus finding is that financial development has a positive effect on growth at either aggregate, or industry or firm levels....

This paper comments an important book by Maurice FG. Scott, «A New View of Economic Growth». The main contribution of the book is to show that capital investment can sustain endogenous growth, as it embodies technical progress. Neoclassical theories of growth are based on an error in...

Italian Abstract: Il paper affronta il tema del possibile meccanismo di coordinamento che si può utilizzare per la produzione culturale, e in particolare per la cultura musicale. La nostra riflessione si colloca all’interno delle specifiche innovazioni istituzionali introdotte in Italia con...

General government activity in the field of education has recently assumed new interest due to the importance of two analytical objectives: a) the existence of substitution or complementary processes between public and private expenditure in education; b) the importance of public expenditure in...

Italian Abstract: Questo documento discute la vita e il lavoro di Josef Steindl.Esamina lo sviluppo del suo pensiero dai suoi primi scritti su dimensioni solide e concentrazione industriale ai suoi ultimi lavori sui problemi postbellici delle economie capitaliste.Particolare attenzione viene...

In questo lavoro si fornisce unabreve rassegna dei più recenti contributi teorici, sul legame tra distribuzione e crescita, basati sull’incompletezza dei mercati dei capitali Se i mercati dei capitali sono imperfetti e le decisioni individuali di investimento avvengono in condizioni di...

In this paper we examine under what circumstances the information accumulated during market closing time and conveyed to the price formation at market opening may be exploited to predict where the stock price will be at the end of the trading day. In our sample of three financial time series, we...