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 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...

The purpose of this work is to build a quali-quantitative method for measuring the endogenous performance in R&D organization which supports the process of evaluation. The method is tested on Cnr Institutes of Piemonte, a highly industrialised region in North Western Italy and the score of...

The purpose of this study was to investigate the contributions of Social Identify Theory’s variables to research performance. Regression models were applied on data of ten national research Council (Cnr) institutes of Piemonte, a highly industrialised region in North Western Italy.Results show...

Aim of this paper is to analyse the spatial aspects of technology transfer (t.t.) in Cnr Institutes of Piemonte, a highly industrialised region in North Western Italy. The specific purpose is to verify two hypotheses 1) If the spatial propagation of t.t. follows the Hägerstrand...

Italian Abstract: Il lavoro esamina le caratteristiche delle imprese multinazionali italiane e ne confronta la performance con quella delle altre imprese nei quattro anni successivi alla crisi del 2008. La quota di imprese industriali con almeno 20 addetti che operano anche all’estero è in...

Italian Abstract: Presentiamo un modello stocastico multivariato, per sviluppare stress test finalizzati a valutare l'adeguatezza patrimoniale delle banche e il loro grado di fragilità finanziaria. L'articolo fornisce una descrizione teorica del metodo e delle caratteristiche essenziali del...

Italian Abstract: Il presente saggio intende mettere a fuoco il fenomeno del cloud computing, tentando di setacciare i frammenti normativi dispersi in un fiume di norme difficilmente componibili a sistema, al fine di ricostruire il quadro giuridico vigente in materia. La certezza e la...