CSEF Working Papers

From Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy
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108: Sorry Winners

Marco Pagnozzi

107: Resale Price Maintenance under Asymmetric Information

Salvatore Piccolo and David Martimort

106: Spanish Unemployment Persistence and the Ladder Effect

Fabrice Collard, Raquel Fonseca and Rafael Muñoz

105: On the Interaction between Unemployment and Inter-regional Mobility

Raquel Fonseca

104: Financial Contracting and Macroeconomic Stability

Thomas Steinberger

103: Roscas as Financial Agreements to Cope with Social Pressure

Stefan Ambec and Nicolas Treich

102: A Theory of Authority in Bilateral Contracting

Stefan Ambec

101: Fairness, NGO Activism and the Welfare of Less Developed Countries

Giovanni Immordino

100: Redistributive Policies through Taxation: Theory and Evidence

Charles Grant, Christos Koulovatianos, Alexander Michaelides and Mario Padula

99: IPO underpricing and after-market liquidity

Andrew Ellul and Marco Pagano

98: Legal Standards, Enforcement and Corruption

Giovanni Immordino and Marco Pagano

97: Giffen Goods and Market Making

Giovanni Cespa

96: Financial Development, Financing Choice and Economic Growth

Keith Blackburn, Niloy Bose and Salvatore Capasso

95: Measuring macroeconomic performance through a non-parametric Taylor curve

Sergio Destefanis

94: A Comparison of Stock Market Mechanism

Giovanni Cespa

93: Winner-Picking or Cross-Subsidization? The Strategic Impact of Resource Flexibility in Business Groups

Giacinta Cestone and Chiara Fumagalli

92: Retirement Expectations and Pension Reforms

Tullio Jappelli, Mario Padula and Renata Bottazzi

91: School Choice and Quality

Tullio Jappelli and Daniele Checchi

90: Incentives to Borrow and the Demand for Mortgage Debt: An Analysis of Tax Reforms

Tullio Jappelli and Luigi Pistaferri

89: Competition Among Dominant Firms in Concentrated Markets: Evidence from the Italian Banking Industry

Paolo Coccorese

88: Household Stockholding in Europe: Where Do We Stand and Where Do We Go?

Luigi Guiso, Michael Haliassos and Tullio Jappelli

87: Bertrand and Walras equilibria under moral hazard

Alberto Bennardo and Pierre Chiappori

86: The Survey on Health, Aging and Wealth

Agar Brugiavini, Tullio Jappelli and Guglielmo Weber

85: Softening Competition by Enhancing Entry: An Example from the Banking Industry

Jan Bouckaert and Hans Degryse

84: The Quality of Health Care: Evidence from Italy

Tullio Jappelli and Mario Padula

83: Tax Incentives for Household Saving and Borrowing

Tullio Jappelli and Luigi Pistaferri

82: Stockholding in Italy

Luigi Guiso and Tullio Jappelli

81: Optimal Stabilization Policy When the Private Sector Has Information Processing Constraints

Klaus Adam

80: Distance, Lending Relationships, and Competition

Hans Degryse and Steven Ongena

79: Entry and Strategic Information Display in Credit Markets

Jan Bouckaert and Hans Degryse

78: Inflation Dynamics and Subjective Expectations in the United States

Klaus Adam and Mario Padula

77: no Logo

Giovanni Immordino

76: The Political Economy of Finance

Marco Pagano and Paolo Volpin

75: Managers, Workers, and Corporate Control

Marco Pagano and Paolo Volpin

74: Choosing between traditional and innovative technologies: the case of scientific uncertainty

Giovanni Immordino

73: Sequential Choice and R&D Racing

Hans W. Gottinger

72: Legal Institutions, Corporate Governance and Aggregate Activity: Theory and Evidence

Daniela Fabbri

71: Are two investors better than one?

Anna Maria Menichini and Peter Simmons

70: Improving the Quality of the Input in the Term Structure Consistent Models

Javier Giner and Sandra Morini

69: Learning and Equilibrium Selection in a Monetary Overlapping Generations Model with Sticky

Klaus Adam

68: On the Relation between Robust and Bayesian Decision Making

Klaus Adam

67: Education, Employment and Wage Risk

Mario Padula and Luigi Pistaferri

66: Risk Sharing and the Tax System

Charles Grant and Mario Padula

65: Judicial Costs and Household Debt

Daniela Fabbri and Mario Padula

64: Financing Start-ups: Advising vs. Competing

Nicolas Boccard

63: Asymmetries of Information in Electronic Systems

Nicolas Boccard and Riccardo Calcagno

62: Technological Races in Global Industries (Technology Races)

Hans W. Gottinger

61: Network Size, Value and Cycles

Hans W. Gottinger

60: Organizational Design of R&D activities

Stefan Ambec and Michel Poitevin

59: Optimal educational choice and redistribution when cultural background matters

Elena Del Rey and Maria Racionero