In the attempt to deepen the understanding of Keynes's thought as an international macroeconomist, we explore the hypothesis of consistency between his general methodological approach to the economic material and his way of reasoning about international economic relations as shaped by WWI. We...

Since Solow’s (1957) contribution, human capital has a central role in the debate on economic growth as a leading long period development factor. If from a theoretical point of view the role of human capital on economic growth both directly and throughout its use in R&D activities is fully...

Le opzioni di politica economica pongono il management di un Parco Scientifico e Tecnologico PST) di fronte al trade-off tra una politica di incentivo all’entrata di nuove imprese (r-policy) e una di accrescimento e valorizzazione delle risorse presenti attraverso una selezione dei nuovi...

The aim of this work is to present a Matlab implementation of different methods for estimating the term structure of interest rate. More precisely, we implement the exponential functional form of Nelson-Siegel and polynomial spline methods (with or without penalty term), considering both coupon...

This paper uses longitudinal data for a sample of Italian firms to study the effects of technological and organisational changes on wage levels and on wage differentials by skills inside the firm. Fixed effect estimates reveal that technological changes are associated with higher absolute and...

A large number of interpretations has been proposed for current global imbalances, with a variety of future scenarios for world economy. The perspective here adopted tries to be fully respectful of the assumption of global economic interdependence as well as to cope with the complexity of a...

Using data from U±cio Italiano dei Cambi and Istituto Nazionale di Statistica, we empirically assess the impact of Italy's outward foreign direct investment (FDI) on local employment growth between 1996 and 2001 for 12 manufacturing industries. We find that FDI towards advanced countries is...

A well-grounded empirical and theoretical literature shows that local production systems can benefit from external economies generated by a shared ‘industrial atmosphere’. Many scholars would agree that in contexts as industrial districts, clusters and local systems, economic actions are...

Il presente lavoro si propone di analizzare le caratteristiche strutturali dell’economia novarese e le traiettorie evolutive da questa seguite nell’arco dell’ultimo decennio, nell’intento di delinearne i principali punti di forza e di debolezza, anche alla luce delle nuove sfide...