This paper analyzes strategic interactions and contagion effects in the peripheral countries of a monetary union. Using game theory and cost-benefit analysis, the paper determines the set of equilibrium solutions under which country-specific shocks are transmitted to other member countries...

This paper aims to propose a new measure of exchange market pressure for countries operating in hard peg regimes, such as currency unions, currency boards or full dollarization. We use a general model of currency crisis to derive a sustainability index based upon the relationship between the...

<Para ID="Par1">This paper proposes a measure of exchange market pressure for countries operating in hard peg regimes, such as currency unions, currency boards or full dollarization. We use a general model of currency crisis to derive a sustainability index based upon the relationship between the shadow...</para>

Some Researchers consider soccer matches as the stylization of a war in other battlefields. Such approach was largely used to interpret the violent phenomena related to the soccer environment, while less attention has been paid to the «potential» role of political and economic interactions...

This paper uses an endogenous growth model to investigate the relationships among the fiscal policy, the informal sector and the economic growth. It is shown that the proportion of informal to formal production could be negatively correlated with the fiscal rate if the enforcement policy of the...

This paper examines the determinants of aggressiveness on the soccer pitch in 463 matches from FIFA (World Cup) and UEFA (Euro Cup) tournaments spanning from 1994 to 2012. We highlight the role of several measures of international rivalry between countries on the players’ aggressive behaviour

Introduzione – 1. La violenza nello sport: i diversi approcci – 2. Il calcio e la violenza in Italia: una breve sintesi storica – 3. Effetti delle misure antiviolenza sulle presenze allo stadio – 4. I risultati delle stime – 5. Conclusioni

Introduzione – 1. Sport & televisione: la letteratura economica - 2. Il calcio e la televisione in Italia: una breve sintesi storica - 3. L’audience televisiva: una analisi empirica - 4. I risultati della stima - 5. Conclusioni

Several European countries, facing a sizeable underground economy, often adopt underground reducing policies mainly based on incentives in the tax-benefit system. Since empirical evidence manifests a substantial failure of such policies, we construct a simple model to indicate the crucial...