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Prodotti recenti

Splitting the Pie in Italian Cooperatives: A Comparative Analysis with Panel Data (2014–2023)

While the crucial role of cooperative enterprises in promoting economic and social sustainability is well established, their capacity to sustain employment and labour remuneration compared with capitalist firms is still largely unexplored. This study addresses this gap by analysing a unique panel of all Italian firms active between 2014 and 2023. We first show that, up to the COVID pandemic, cooperatives exhibit a stronger employment resilience than capitalist firms. However, cooperative resi...

Evidence-based policymaking and the crisis of Western Democracies

The paper examines the perceived crisis in Western liberal democracies, arguing that the true causes extend beyond the commonly cited symptoms of political party representation decline, partisan hostility, and the rise of charismatic leaders. It sug- gests that the roots lie in a deep-seated belief in traditional economic solutions such as promoting international trade, reducing state intervention, and encouraging com- petition. This belief unites diverse ideological movements and has le...

Indicatori di performance per l’attuazione di politiche di prevenzione e promozione della salute

Lo scenario demografico attuale è caratterizzato da una popolazione in rapido invecchiamento, affetta da multicronicità: gestire questa situazione costituisce una sfida per il SSN. In questo quadro, interventi di promozione della salute e di prevenzione sono considerati prioritari. Occorre, quindi, mettere a disposizione dei decisori pubblici indicatori di performance per valutare l’efficacia di tali interventi. Dal momento che i programmi di prevenzione e promozione della salute utiliz...

Validating a survey measure of conditional cooperation

We study the ability of survey-based measures to predict conditional cooperation in an incentivized Prisoner’s Dilemma (PD) game. We assess whether (i) hypothetical game play, (ii) unincentivized social norms, (iii) survey measures of economic preferences, and (iv) personality traits predict conditionally cooperative behavior when monetary stakes are introduced. Our findings reveal that hypothetical PD responses are the strongest predictors of incentivized behavior, with limited evidence of h...

Joint Extreme Value-at-Risk and Expected Shortfall Dynamics with a Single Integrated Tail Shape Parameter*

We propose a robust semi-parametric framework for persistent time-varying extreme tail behavior, including extreme Value-at-Risk (VaR) and Expected Shortfall (ES). The framework builds on Extreme Value Theory and uses a conditional version of the Generalized Pareto Distribution (GPD) for peaks-over-threshold (POT) dynamics. Unlike earlier approaches, our model (i) has unit root-like, i.e., integrated autoregressive dynamics for the GPD tail shape, and (ii) re-scales POTs by their thresholds t...

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