This paper highlights the director and executive compensation regulations for Italian listed and publicly held corporations. The analysis of the provisions shows that the increased disclosure of compensation plans – during the various steps they need to be approved by shareholders - is still...

This paper proposes a theoretical framework which sets alternative business models (BMs) in the wealth management industry, testing them with experimental data. Our “map” of business models arises when wealth managers (WMs) potentially make a mix of business process...

We investigate whether people enrolled into voluntary health insurance (VHI) substitute public consumption with private (opt out) or just enlarge their private consumption, without reducing reliance upon public provisions (top up). We study the case of Italy, where a mixed insurance system is in...

We analyse gender wage inequalities in Italy in the mid-1990s and in the mid-2000s. In this period important labour market developments occurred: institutional changes have loosened the use of flexible and atypical contracts; the female employment rates and educational levels have substantially...

This paper investigates the effects of public childcare availability in Italy on mothers' working status and children's scholastic achievements. We use a newly available dataset containing individual standardized test scores of pupils attending second grade of primary school in 2008-09 in...

Corridor implied volatility introduced in Carr and Madan (1998) and recently implemented in Andersen and Bondarenko (2007) is obtained from model-free implied volatility by truncating the integration domain between two barriers. Corridor implied volatility is implicitly linked with the concept...

This paper summarises research on the mechanisms used by banks to align the interests of their workers with the goal of long-term profit maximization. Banking was characterised by moral hazard, and the monitoring technology of the period was far from perfect. The banks incentivized the workers...

This study, in Italian language, examines the quarterly evolution of Italy's sovereign debt, its stock of government bonds, GDP, inflation and unemployment. Please see also: Mazziero, Maurizio, 2010: Un Altro Anno a Debito per l'Italia (2010: Another Year of Debt for Italy) (April 10, 2011)....

We analyze gender wage inequalities in Italy in the mid-1990s and in the mid-2000s. In this period important labor market developments occurred: institutional changes have loosened the use of flexible and atypical contracts; the female employment rates and educational levels have substantially...