Working Papers
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N.22/2009On the Substitutability between Equal Opportunities and Income Redistribution
This paper investigates the supposed substitutability between equal opportunities and public redistribution. In the first part a theory which finds a substitutability between redistribution and equal... »
Enzo Valentini (Università di Macerata)
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N.21/2009La produzione di servizi sanitari e la variazione dell’output nei principali paesi UE
The economic analysis concerning the European Health care systems provides relevant comparative information about socio economic variables improving public and private shares of health care expenditure.... »
Maurizio Ciaschini, Rosita Pretaroli, Claudio Socci (University of Macerata, Dipartimento di Scienze della Comunicazione)
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N.20/2009Gli hedge fund: caratteristiche, impatto sui mercati e ruolo nelle crisi finanziarie
Hedge Funds are extensively cited as the main actors responsible for the financial crisis erupted in the latest decades. Their natural characteristic for secrecy and their fame for high propensity towards... »
Matteo Cassiani (Banca Monte dei Paschi di Siena) ; Francesca Spigarelli (University of Macerata)
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N.19/2009Regolamentazione e gestione del rischio nel settore agroalimentare. Alcune riflessioni sull'approccio economico al Principio di Precauzione
“Precautionary Principle” is a prominent concept in current scientific debate in the fields of food safety, environmental protection and climate change. In fact during last years, climate... »
Alessio Cavicchi (Università di Macerata)
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N.18/2008The History of Manpower Forecasting in Modelling Labour Market
The manpower forecasting approach (MFA) was one of the first attempts in educational planning purposes. Manpower planners attempted: 1) to calculate the demand for manpower classified by occupation; 2)... »
Stefano Spalletti (Università di Macerata)
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N.17/2008MIncreasing Market Interconnection: an analysis of the Italian Electricity Spot Market
We estimate the bene ts resulting from completely interconnecting the Italian electricity spot market. The market is currently divided into two geographic zones - North and South - with limited interzonal... »
Federico Boffa ; Viswanath Pingali (School of Economics and Management, Free University of Bolzano, Cornerstone Research-Boston)
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N.16/2008Tariffication of Tariff Rate Quotas under oligopolistic competition: the case of the EU import regimes for bananas
The paper develops a two-stage capacity constrained duopoly model, in which the mode of competition is endogenous and the constraint is exible, to investigate the impact of Tari Rate Quotas (TRQs) and... »
Margherita Scoppola (Università di Macerata)
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N.15/2008Measuring Well-Being differences across EU Countries. A Multidimensional Analysis of Income, Housing, Health, and Education
This paper investigates the evolution of the inequality in well-being across di erent EU countries between 1994 and 2001 by means of a multidimensional approach focusing on income, housing, education... »
Elisabetta Croci Angelini (Università di Macerata) ; Alessandra Michelangeli (University of Milan-Bicocca and Econpubblica-Bocconi University)
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N.14/2008The Valuation by Multiples of Italian Firms
The purpose of this paper is twofold. Firstly, to test a sample of companies listed on the Milan stock exchange from 2000 to 2006, which comparables selection method generates the most precise forecasts... »
Barbara Fidanza (Università di Macerata)
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N.13/2008Changing Views of Competition and EC Antitrust Law
During the last few years the application of EC antitrust law has been subject to a number of changes, aiming at giving a greater role to economic analysis. This is leading to the abandonment of the traditional... »
Alberto Pera (Gianni, Origoni, Grippo & Partners)
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N.12/2008Nuovi investitori globali: le imprese cinesi in Italia
This paper focuses on the consequences of a recent phenomenon: the Chinese Go Global policy, which encourages domestic rms to enter the global competition through active internationalization processes.... »
Francesca Spigarelli (Università di Macerata)
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N.11/2007A convenient multi sectoral policy control for ICT in the USA economy
Through the application of the Macro Multiplier approach on a multisectoral model for the USA, the paper identifies the ”convenient” structure of a policy control on final demand, oriented... »
Maurizio Ciaschini ; Rosita Pretaroli ; Claudio Socci (Università di Macerata)
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N.10/2007Cutting Porter's last diamond: competitive and comparative (dis)advantages in the Dutch flower industry. Which lesson for Italian SMEs?
The Dutch are the world's leaders in the ower business despite they seem to lack comparative advantage in the traditional sense. Comparative advantages paid a role in the history of the Dutch ower industry... »
Ernesto Tavoletti ; Robbin te Velde (Università di Macerata - Dialogic innovation and interaction)
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N.09/2007The local and regional economic role of universities: the case of the University of Cardiff
The paper evaluates the regional and local economic impact of the University of Cardiff, dividing its effects into two major sides: ”expenditure impacts” and ”knowledge impacts”.... »
Ernesto Tavoletti (Università di Macerata)
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N.08/2007Resisting Globalization: Voting Power Indices and the National Interest in the EU Decision-making
The European integration process can be regarded as an aspect of the overall process of globalization and at the same time as an attempt to reconcile the move towards standardization with the defence... »
Elisabetta Croci Angelini (Università di Macerata)
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N.07/2007Spectrum Management and Regulation: Towards a Full-Fledged Market for Spectrum Bands?
The increase in spectrum demand, which has occurred internationally in the last 10-15 years as a consequence of booming wireless communications, has placed considerable pressure on traditional regulatory... »
Fulvio Minervini ; Diego Piacentino (Università di Macerata)
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N.06/2007Dalle analisi della crescita all’economia dell’istruzione e al capitale umano. Origine e sviluppo
The paper highlights that economics of education formally evolved in the last century, but its conceptualization was articulated centuries ago. The most prominent economists to address issues of human... »
Stefano Spalletti (Università di Macerata)
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N.05/2007Politiche per l'industria: ridurre o abolire l'Irap?
L’imposta regionale sulle attività produttive (Irap) è oggetto di un ampio dibattito incentrato su alcune ipotesi di riforma relative alla riduzione o alla abolizione di questo strumento di prelievo,... »
M. Ciaschini ; F. Fiorillo ; R. Pretaroli ; F. Severini ; C. Socci ; E. Valentini (Università di Macerata)
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N.04/2007Economies of scale and endogenous market structures in international grain trade
The paper develops a two-stage duopoly model in which market structure is endogenous, as it is the outcome of the first stage of the game. The model considers a private firm and a State Trading Enterprise... »
Margherita Scoppola (Università di Macerata)
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N.03/2006What have we learnt about monetary integration since the Maastricht Treaty?
The late 1980s and the early 1990s are turning points in the history of monetary unification in Europe. It is the time of the Delors report which provided the intellectual basis of the Maastricht Treaty.... »
Paul De Grauwe (University of Leuven)