The past decade has been a time of drastic developments, both in financial markets and in related academic research. Among the most striking developments are the expanded stockholder base, the increased popularity of mutual funds among households, and the growing importance of private pension...

This book offers a new interpretative key, which we call 'a stage and eclectic approach', to the development of clusters. This approach supports public efforts to increase the effectiveness of policy-making and development operations in local contexts

Why was the Italian Banking System more resilient during the sub-prime crisis and harder-hit in the sovereign crisis? Will their strength in the retail market result as an asset or a liability for Italian banks in the future? This book offers an in-depth analysis of one of the most important EU...

In the 1930s, a Pareto vogue emerged in the English-speaking world. In Italy, however, the Paretian episode was already well established, with many Italian economists investigating the relationship between economics and sociology based on Pareto's contributions. This is a study of the Paretian...

This collection provides exceptional descriptive and analytical insights into changes in corporate governance settings in ten Eastern and Western European countries. It demonstrates that there exist different varieties of capitalisms and paths to transformation of economic institutions. In...

This is the first book to look at the European Union and single currency from the perspective of member-states. It offers a systematic critique of the project from the viewpoint of labor and employment.

Luigi Einaudi made an outstanding contribution to economics during his long career as economist, historian and policy-maker. This book makes an important selection of his works available in English for the first time. Topics covered include: taxation of consumption rather than income; European...

Starting with an overview of Modigliani's life, the authors explain and assess his influential theories, including his theory of the life-cycle hypothesis of saving; the famous Modigliani-Miller theorem in corporate finance; stabilisation policy; econometric model building and forecasting, and his...

The rise of China and India has completely changed the world economy, moving it towards disequilibrium. Several alternative economic policies are tested to seek a way towards high growth in any continent associated with long-run real and financial equilibrium. The authors argue for a new...