In this study, we investigate public-private pay determination using French, British and Italian micro data from the 2001 ECHP. We document that the distribution of wages is very different between public and private workers. As a result, the public pay premium varies as one moves up or down in...

In the paper we study the relationship between macroeconomic and stock market volatility, using S&P500 data for the period 1970- 2001. We find evidence of both long memory and structural change in volatility and a twofold linkage between stock market and macroeconomic volatility. In terms of the...

This paper presents a critical review of the Global Value Chain literature in light of the “Technological Capabilities” approach to innovation in LDCs. Participation in GVC is beneficial for firms in LDCs, which are bound to source technology internationally. However, the issues of learning...

This paper aims at analysing the educational outcomes of a cohort of youths living in an Italian province (Novara), which was interested by large migration phenomenon during the last decades and, therefore, it is particularly suited to study inter-regional mobility issues. In particular we aim...

The conversion problem on the metric scale of the judgments expressed towards the products or the services can be solved searching the latent variable, that is always the normal standard. Sometimes, particularly when the frequencies are concentrated on the left extreme or the right extreme of...

The aim of this paper is to analyze the wage differentials associated with non-pecuniary working conditions (distance to job, environment conditions, working times) using objective and subjective data. In fact, the individual can be compensated for unsatisfactory working conditions by higher...

Dissatisfied with both Skidelsky's “Fighting for Britain” approach to Keynes's quest for a new global order and its specular competitor, the “Figthing despite Britain” view, we explore the possibility of a “Fighting through Britain” approach to the issue. We claim that though Keynes...