For a long period, silk was one of the most important goods to be exchanged between the Italian regions and the territories located beyond the Alps. Indeed, it was responsible for a large amount of both commercial flows and financial transactions. The area corresponding to present-day Trentino...

We present a general equilibrium model where profit-maximizing firms and non-profit organizations coexist, and the people’s propensity to devote efforts to non-profit activities increases with the stock of social capital. In its turn, the formation of social capital is stimulated by an...

Governments’ interest in Free/Open Source (F/OS) software is steadily increasing. Several policies aimed at supporting Free/Open Source (F/OS) software have been taken or are currently under discussion all around the world. In this paper, we review the basic (economic) rationales for such...

It is now widely held that the New Neoclassical Synthesis (NSS) offers central banks a "user friendly", though rigorous, theoretical framework consistent with current practice of systematic stabilization policy based on interest rate rules (e.g. Woodford (2003)). Particular interest and...

In this paper we compare the relative efficiency of different forecasting methods of space-time series when variables are spatially and temporally correlated. We consider the case of a space-time series aggregated into a single time series and the more general instance of a space-time series...