The Social Value of Public Information with Costly Information Acquisition [PDF]
In a beauty contest framework, we show that more precise public information contributes to higher welfare when the precision of private information is endogenous.
Gianluca Femminis, Luca Colombo
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The model of the linear city under a triangular distribution of consumers: an empirical analysis on price and location of beverage kiosks in Catania [PDF]
This paper presents a model of oligopolistic competition under horizontal differentiation of products and a triangular distribution of consumers. The triangular distribution aims to represent a case of concentration of consumers around the central ...
Torrisi, Gianpiero
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The intraday interest rate under a liquidity crisis: the case of August 2007 [PDF]
By analyzing high frequency data for the European interbank market, we show that the intraday interest rate (implicitly defined by the term structure of the ON rate) jumped by more than ten times at the outset of the financial turmoil in August 2007 ...
Andrea Monticini, Angelo Baglioni
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Analisi di visibilità per la tutela e la pianificazione del paesaggio. Sperimentazione sul caso studio di Torino [PDF]
, 2013 Lo studio del paesaggio gode di un momento di grande espansione. Al suo interno, i metodi di analisi del paesaggio visuale sono un importante campo di studio che ha implicazioni nelle procedure di valutazione di impatto ambientale e paesaggistico degli ...
Cassatella, Claudia, Guerreschi, Paola
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Banking System Efficiency and the Dualistic Development of the Italian Economy in the Nineties [PDF]
The article provides an analysis of some features of the Italian Credit System in the Nineties. In particular, it focuses on a comparison of Banks efficiency – in terms of costs, revenues and profits – in Northern and Southern Italy taking into account ...
Antonio Lopes, Cesare Imbriani
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The redistributive role of non-profit organizations [PDF]
By starting from the consideration that non-profit organizations cover a significant re-distributive function beside that of governmental agencies, the paper questions why government prefers to finance via transfers private entities likewise lucrative ...
Cerulli, Giovanni
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Determinanti della domanda di laureati nell'industria manifatturiera italiana [PDF]
Tertiary education attainment of italian labour force, particularly in the manufacturing industry, shows empirically a large gap with respect to the other OECD countries, although human capital growth has been increasingly addressed as one of the main ...
A. Arrighetti, A. Lasagni, S. Curatolo
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La value relevance: aspetti teorici e verifiche empiriche nel settore bancario europeo.
, 2015 Riuscire ad individuare le relazioni che intercorrono tra i valori di bilancio e le informazioni che i lettori traggono da esso, ha suscitato sempre molto interesse negli studi di Accounting. Per i principi contabili lo scopo del bilancio è di fornire agli investitori informazioni utili nelle loro decisioni economiche.
openaire +1 more source
Stock-bond correlation and the bond quality ratio: Removing the discount factor to generate a “deflated” stock index [PDF]
This paper investigates the cyclical co-movements between US stocks and interest rates by testing a simple model where divergence between stock and bond price behavior is explained by “stock market strength,” where the latter depends on the market ...
Andrea Terzi, Giovanni Verga
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THE MODEL OF THE LINEAR CITY UNDER TRIANGULAR DISTRIBUTION OF CONSUMERS [PDF]
This paper presents a model of oligopolistic competition in presence of horizontal differentiation of goods, under a triangular distribution of consumers.
Gianpiero TORRISI
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