Template-type: ReDIF-Article 1.0
Author-Name: Alfredo Del Monte

Title: La politica per la costruzione di reti innovative: aspetti teorici e metodologia empirica
Abstract: In this paper we have shown how social network analysis could be used to evaluate the opportunity that government subsidize Innovative Networks (NPP policy). Our analysis are has shown that social network methodology could be helpful to evaluate the efficiency of transfer of information in different networks but does not allow a clear evaluation of the policy toward innovative networks. In this paper the experience of Italian policy toward technological industrial districts has been discussed and social network analysis applied to evaluate the ex post results of this policy. Two are the main results of our analysis. The first one is that we have shown the necessity to integrate the social network index with a more appropriate to measure the welfare effects of NPP policy.The second one is that we have not found clear effects of the policy toward innovative networks in Southern Italy.
Classification-JEL: O30, O32, L13
Keywords: 
Note: 
Pages:5-23
Volume: 2013/111
Year: 2013
Issue:111
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=53645&Tipo=Articolo PDF
File-Format: text/HTML
Handle: RePEc:fan:steste:v:html10.3280/STE2013-111001
Number: 1

Template-type: ReDIF-Article 1.0
Author-Name: Alex Frino
Author-Name: Vito Mollica
Author-Name: Maria Grazia Romano

Title: Transaction fees and trading strategies in financial markets
Abstract: The article examines the impact of transaction costs on the trading strategy of informed institutional investors in a sequential trading market where traders can choose to transact a large or a small amount of stock. The analysis shows how the trading strategy of informed investors and the price impact of their trades depends on market conditions. The main prediction of the model is that institutional buyers are, on average, more aggressive than institutional sellers in bearish markets and less aggressive in bullish markets. Hence, the price impact is higher for purchases when market conditions are bearish, while it is higher for sales when market conditions are bullish. However, this asymmetry vanishes during strongly bearish or bullish phases, when information-based orders stop because the informational advantage of institutional investors becomes too small with respect to the transaction costs.
Classification-JEL: G14, G15
Keywords: 
Note: 
Pages:25-49
Volume: 2013/111
Year: 2013
Issue:111
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=53646&Tipo=Articolo PDF
File-Format: text/HTML
Handle: RePEc:fan:steste:v:html10.3280/STE2013-111002
Number: 2

Template-type: ReDIF-Article 1.0
Author-Name: n.d.
Title: Italy's corporate tax reforms and firm-specific tax rates in the period 1998-2012
Abstract: This article examines the key features of the corporate tax reforms introduced in Italy from 1998 to 2012 and analyses their impact on firms? tax burden. To this end the author calculates firm-specific average and marginal tax rates for a panel of firms of the manufacturing sector. Results show that the tax reforms generally reduced the firms? tax burden, though with different effects as to neutrality of the corporate tax system over company financing choices.
Classification-JEL: H25, H32
Keywords: 
Note: 
Pages:51-68
Volume: 2013/111
Year: 2013
Issue:111
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=53647&Tipo=Articolo PDF
File-Format: text/HTML
Handle: RePEc:fan:steste:v:html10.3280/STE2013-111003
Number: 3

Template-type: ReDIF-Article 1.0
Author-Name: Domenicantonio Fausto

Title: La scienza delle finanze in italia nel trentennio 1915-1945
Abstract: The essay examines various aspects of the teaching of public finance in the Italian universities during the period of thirty years 1915-1945: the academic staff; the chair competitions; the main textbooks; the main theoretical contributions of public finance scholars.
Classification-JEL: H00, A22, B10, B20
Keywords: 
Note: 
Pages:69-168
Volume: 2013/111
Year: 2013
Issue:111
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=53648&Tipo=Articolo PDF
File-Format: text/HTML
Handle: RePEc:fan:steste:v:html10.3280/STE2013-111004
Number: 4

Template-type: ReDIF-Article 1.0
Author-Name:  Comitato di Redazione

Title: Recensioni
Abstract: 
Classification-JEL: 
Keywords: 
Note: 
Pages:169-176
Volume: 2013/111
Year: 2013
Issue:111
File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=53649&Tipo=Articolo PDF
File-Format: text/HTML
Handle: RePEc:fan:steste:v:html10.3280/STE2013-111005
Number: 5