During the latter part of the 1990s the introduction of the Euro, the dramatic increase in the supply of venture capital in most EU countries, and the creation of several quot;newquot; equity markets targeted at innovative firms have dramatically transformed the financing prospects of European...

The creation of Europe's 'new' stock markets represents a major experiment in market design with important implications for the ability to support innovative, fast-growing companies. We evaluate the success of these markets based on a large number of measures of firm performance and strategy...

We examine the effect of trust in venture capital. Our theory predicts a positive relationship of trust with investment, but a negative relationship with success. Using a hand-collected dataset of European venture capital deals, we find that the Eurobarometer measure of trust among nations...

We examine gender differences in financial literacy among high school students in Italy using data from the 2012 Programme for International Student Assessment (PISA). Gender differences in financial literacy are large among the young in Italy. They are present in all regions and are...

Understanding the dynamics of the leverage ratio is at the heart of the empirical research about firms' capital structure, as they can be very different under alternative theoretical models. The pillars of almost all empirical applications are the maintained assumptions of poolability and...

This paper studies the resilience of inter-ethnic marriages in Italy through the lenses of marriage duration by means of survival and treatment-effect analyses. Our main findings are that inter-ethnic marriages have a significantly higher risk of separation even when we control for social and...