Pension system and labor market reforms are widely debated issues in all industrialized countries and especially in Europe; any change over these two aspects of the Social Security System indeed, can affect heavily the functioning of the whole economy.A preminent role in this sense is played by...

Il paper rappresenta un primo passo verso una riflessione organica sul tema del decentramento istituzionale in relazione al problema dello sviluppo locale in un’ottica temporale di lungo periodo (partendo cioè dall’unificazione del Regno d’Italia) e intreccia tra loro più piani di...

In order to cope with the stylized facts of financial time series, many models have been proposed inside the GARCH family (e.g. EGARCH, GJR-GARCH, QGARCH, FIGARCH, LSTGARCH) and the stochastic volatility models (e.g. SV). Generally, all these models tend to produce very similar results as...

Economic literature sees the existence of institutions as being justified by market failure. This paper attempts to develop a different hypothesis by linking institutions to the solution of co-ordination dilemmas. According to this line of thought, institutional action is not circumscribed to...

This work is based on the hypothesis that explanation of collective action between firms requires partly different variables from that used in explaining collective action between individuals. In order to look at the problem of what determines collective action, a model has been built using...

The present paper presents a survey of the main works that analyze labor share dynamics from a theoretical point of view. It tries also to reconcile the different approaches to the issue into a unifying framework represented by the so called SK schedule.