This paper analyses the concept of Rational Expectations Equilibrium in a simple dynamic model of assets price determination and the important implications for the relative concept of informational efficiency.

This paper investigates the potential impact of the growing influence of the opinions of credit rating agencies (CRAs) on market dynamics. This impact can be seen as a consequence of the information content of the ratings themselves or indirectly as a consequence of the "hardwiring" of ratings...

Lo scopo principale di questo lavoro è di delineare un coerente quadro teorico per la verifica econometrica di modelli che descrivono la struttura produttiva dell'economica secondo una prospettiva intertemporale.

Lo scopo principale di questo lavoro è di estendere i risultati del paragrafo VII di Gozzi e Zamagni. Tale paragrafo concerne lo studio della convergenza del sentiero di traversa al sentiero di crescita bilanciata per il modello neo-austriaco integrato, sotto l'ipotesi di salario fisso.

This paper analyses the concept of Rational Expectations Equilibrium in a simple dynamic model of assets price determination and the important implications for the relative concept of informational efficiency.

This work presents an original proposal for the reform of the Eurozone architecture according to an approach based on risk sharing (aiming to reach in the long-term the mutualization of public debt). The proposal envisages a new role for the European Stability Mechanism (ESM) which should...