La struttura dell’Euro sembra essere una delle giustificazioni del prolungamento della crisi europea. In questo scritto, riprendiamo e discutiamo quattro differenti modi di uscita dalla crisi proposti in letteratura o sui riviste e giornali in questi ultimi anni. Proviamo a porre l’accento...

In contrast with the canonical models, Naimzada and Ricchiuti (2008, 2009) show that the interaction of groups of agents who have the same trading rule but present different beliefs about the fundamental value could be a source of instability in financial markets. Differently from Naimzada and...

In this paper we develop an heterogenous agents model of asset price and inventory with a market maker who considers the excess demand of two groups of agents that employ the same trading rule (i.e. fundamentalists) with different beliefs on the fundamental value. The dynamics of our model is...

In this paper, we analyze a heterogeneous agent model in which the fundamental exchange rate is endogenously determined by the real markets. The exchange rate market and the real markets are linked through the balance of payments. We have analytically found that there exists at least a steady...

The recent empirical literature on firms’ performance has focused on the multidimensional concept of firms’ managerial strategies. In this paper, we analyze the relationship between firms’ managerial strategies and firms’ performance, accounting for entrepreneur’s specific...

Competition is increasingly crossing borders. However, location still matters: the most successful competitors in an industry often cluster in the same geographic areas and companies use the advantages of location to compete at a global level. When competing across borders, firms can coordinate...

The birth of new firms and their survival in the market are often seen as crucial for economic growth and competitiveness in a modern economy. This paper focuses on business demography of Italian firms, using an original dataset obtained by merging Capitalia-Reprint and AIDA, to identify the...

In this paper, using the database ICE-Reprint, the network of Italian firms investing abroad is studied. This analysis focuses on some manufacturing sectors, highlighting the linkages among firms and detecting the key nodes of the system (both in terms of firms and countries of destination)....

This paper analyzes how the interaction between green consumers and responsible firms affects the market equilibrium. The main result is that a higher responsibility by both producers and consumers can have different impacts on the efficiency of the firms' abatement activity, depending on the...

In this paper we analyze the survival probability of firms in Tuscany (Italy) in the first decade of the $21^{st}$ century. Using the Official Register of Firms, held by Unioncamere Toscany, we build a panel for the period 1998-2010. Taking into account both individual and context variables, we...