Like all transition economies, South Eastern Europe (SEE) countries stand to gain most from an export-led growth. Unfortunately, though, productive structure in these countries is largely made up of small and medium enterprises (SMEs) that, due to their limited size, may face obstacles to gain...

Like all transition economies, South Eastern Europe (SEE) countries stand to gain most from an export-led growth. Unfortunately, though, productive structure in these countries is largely made up of small and medium enterprises (SMEs) that, due to their limited size, may face obstacles to gain...

This paper analyses the return plans of irregular migrants by stressing the role of individual skills and network effects. We propose a simple two-period life‐cycle model that we test using individual‐level data on irregular migrants in Italy and on undocumented Mexicans in the USA. Our...

During the 2007-2009 financial crisis the foreign exchange market was characterized by large volatility and wide currency swings. In this paper we evaluate whether during the period of the Great Recession there has been a structural break in the relationship between fundamentals and exchange...

We assess the effect of migrants' stock on the production structure of the Italian provinces (NUTS3) in 1995-2006. Although the investigated time span is very short, the effect is small but statistically significant: a doubling in the ratio of foreign-born residents to the province population...

This paper investigates the saving behavior of migrants in UK across different dimensions, i.e. comparing temporary versus permanent migrants and migrants versus natives. Established theoretical predictions show that migrants save more when they plan to stay at destination only temporarily as...

type="main" xml:lang="en" <p>This paper presents different specifications of a structural VAR model which are useful to identify monetary policy shocks and their macroeconomic effects for the Italian economy in the 1990s. The analysis is based on a detailed institutional description of the...</p>

This paper evaluates whether excess returns on holding Deutschmarks against French Francs, Italian Liras and British Pounds have been recently characterized by (temporary) speculative bubbles. We propose a two-step, distribution-free procedure. First, nonzero-median subperiods are significantly...