This technical note aims to provide a practical overview of the labour market’s benchmark macroeconomic models. The matching models are the primary and most popular theoretical tools used by economists to evaluate various labour market policies and to study the problem of unemployment. These...

This report aimed to assess the main dimensions of work attitudes in the European Union and in a selected sample of extra-EU countries, by analysing several data sources in a comparative way. Some preliminary conclusions can be drawn. It seems that countries at different stages of industrial...

This paper aims to provide a simple method for measuring the price dispersion in the housing market controlling for the differences in attributes or qualities of the residential real estate units. Precisely, the paper proposes an extended hedonic pricing model which incorporates standard market...

In the housing markets three basic facts have been repeatedly reported by empirical studies: the existence of price dispersion, the trade-off between housing price and time-on-the-market, and the positive correlation between housing price and trading volume. Since housing markets are...

Purpose – This paper aims to pose an important starting point for the application of the search-and-matching models to real estate appraisals, thus reducing the “gap” between practitioners and academicians. Due to relevant trading frictions, the search-and-matching framework has become the...

Cover -- Occhiello -- Dedica -- Indice -- Premessa -- 1. Essenziale di matematica per l'economia -- 2. Il modello della domanda e dell'offerta di mercato di un bene -- Il problema economico degli individui: le scelte in condizioni di scarsità -- 4. L'impresa -- 5. Forme di mercato -- 6. Il...

cover -- quartino di testa -- Indice -- Premessa -- 1. Essenziale di matematica per l'economia -- 2. Il modello della domanda e dell'offerta di mercato di un bene -- Il problema economico degli individui: le scelte in condizioni di scarsità -- 3. La scelta del consumatore e la funzione di...

By revisiting Scitovsky's work on well-being, which introduces 'novelty' into the consumer's option set as a peculiar source of satisfaction, this paper finds a number of connections with the recent behavioural economics so as to open new lines on inquiry. First, similarly to behavioural...

Scitovsky is known as a forerunner of behavioural economics simply because he drew heavily on psychology and claimed that people's choices may be "joyless" (Scitovsky, The joyless economy, 1976). However, a careful reformulation of his analysis shows that he anticipated a number of insights...