Working Paper

3 July 2013

122 – Fair Trade impact and the price fetish

ABSTRACT We here present the main final results coming from four different on-the-field fair trade impact studies, confronting them with the most recent literature and deriving […]
27 March 2013

121- Sociability is like skiing: multiple equilibria in education, sociability and life satisfaction

Abstract Empirical evidence documents that other regarding activities (voluntary/charity work, helping friends/neighbours) done with other regarding motivations contribute positively and signi cantly to subjective wellbeing. The […]
15 March 2013

120 – Sociability, Altruism and Subjective Well-Being

Abstract We provide non experimental evidence of the relevance of sociability on subjective wellbeing by investigating the determinants of life satisfaction on a large sample of […]
1 March 2013

119 – The impact of the French Tobin tax

Abstract We analyse the impact of the introduction of the French Tobin tax on volumes, liquidity and volatility of a ected stocks with parametric and non […]
15 February 2013

117 – Employer moral hazard, wage rigidity and worker cooperatives: A theoretical appraisal

Abstract We argue that in a capitalist enterprise the need to fix wages is crucially influenced by the asymmetric distribution of decision-making power, which can entail […]
14 February 2013

118 – Employer moral hazard and wage rigidity

Abstract The standard explanation of wage rigidity in principal agent and in efficiency wage models is related to worker risk-aversion. However, these explanations do not consider […]
15 November 2012

115 – Card Games and Financial Crises

Abstract There may be a nexus between card games and financial markets. Akerlof and Shiller (2010) wonder whether the decline in the number of bridge players […]
30 September 2012

114 – Bank strategies in catastrophe settings: empirical evidence and policy suggestions

Abstract The poor in developing countries are the most exposed to natural catastrophes and microfinance organizations may potentially ease their economic recovery. Yet, no evidence on […]
21 September 2012

113 – Italian mutual benefit societies. An organisational social innovation in health and healthcare system

Abstract The paper aims to analyse the role covered by “Mutual Benefit Societies” (hereinafter MBSs – it. trans. “Mutue Sanitarie Integrative”) in terms of “social innovation” […]
10 July 2012

111 – The internal and external governance of cooperatives: effective membership and consistency of values

Abstract Cooperatives are characterised by mutual-benefit coordination mechanisms aimed at the fulfilment of members’ participation rights and welfare, consistently with the normative principles of democratic involvement, […]