This article analyses the economics of financing banking supervision and attempts to respond to two questions: What are the most common financing practices? Can the differences in current financing practices be explained by country specific factors? We perform an empirical analysis that...

In 2011 UEFA, the governing body of European football, introduced the Financial Fair Play Regulation (FFPR), consisting of a set of financial restraints to be met by clubs as a prerequisite for participation to its competitions. The aim of the FFPR was to introduce financial discipline into the...

This paper discusses the evolution of central bank communication, focusing on recent efforts by central banks to engage with a wider audience via social media. We document the social media presence of major central banks and discuss how analyzing Twitter content by and about monetary policy...

Only in recent times has economic analysis developed a special focus on financial issues related to the study of criminal activity, thus far completely absent in the literature. The basic theoretical reason lies in the absence of special treatment of monetary and financial aspects within the...

This paper assesses the determinants of the recent wave of financial supervision reforms, reviewing six different views concerning the determinants of financial supervision architectures: economic view, market view, law view, political view, geography view and institutional view. The empirical...

In the aftermath of September 11th, growing attention has been paid to the role of Non-Cooperative Countries and Territories (NCCT) in money laundering and terrorist financing (black money). Policymakers concentrate their attention on the possibility that NCCT jurisdictions might facilitate the...

The risks of terrorism and of organised crime depend on the actual and potential diffusion of the Lax Financial Regulation (LFR) countries. The LFR country is a jurisdiction in which the features of the financial regulation increase the probability to offer money laundering services, utilised by...

The objective of this work is to offer a political delegation approach for the analysis of the financial sector supervision. Focusing on the key issue in the debate on financial supervision structure - single authority versus multi-authorities model - the paper claims that the optimal degree of...

All over the world University's aim is to offer new generation know how, in order to reach individual and collective wealth in the future, but also moral values. The importance of this mission is confirmed by Economics. This paper - Opening Speech of the University of Lecce 2002 Academic Year -...

In this paper we present a model of competition between informal lending and group lending. The paper is organized as follows. The second paragraph reviews the economic literature that analyzes separately group contracts and informal lending markets. The third paragraph tries to answer the...