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RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2004 - 2

digital RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2004 - 2
Digital issue
journal RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI
issue 2 - 2004
title RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2004 - 2
publisher Vita e Pensiero
format Digital issue | Pdf

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Description

Articoli

Riciclaggio finanziario e credito d’usura: un modello di analisi economica
by Raffaella Barone pages: 18 € 6.00
Abstract ∨
The aim of this paper is to propose a model of money laundering and an economic analysis model of money laundering by usury. The first one is an evolution of a model already present in the literature and the difference is in the way to evaluate the advantage for a criminal to reinvest the laundered money in the illegal market. In fact laundering dirty money is expensive. The second model shows what happens when the money laundering is made using the usury credit. The most interesting result of this analysis is that usurious rate can be cheaper than legal rate, because the aim of the usury can be to launder dirty money.
Riflessioni metodologiche sull’integrazione tra i processi di azione locale per la sostenibilità e la certificazione ambientale alla scala territoriale
by Anna Crimella, Stefano Pareglio pages: 18 € 6.00
Abstract ∨
The aim of the paper is the definition of a new scheme of environmental management for local authorities. Such a scheme originates from the characteristics of existing processes of local action (Local Agenda 21) and environmental management and certification (EMAS II and ISO 14001). This integrated process overcomes usual regulatory prescriptions, in order to extend the scope of certification from organization (local authority) to the entire area and to actively involve local communities by means of the participative model developed in the Local Agenda 21 processes.
Optimal Exchange Rate Regimes: Sunspots, Currency Crises, and Welfare
by Carsten Krabbe Nielsen pages: 40 € 6.00
Abstract ∨
In this two country OLG model there is a potential role for active governments since markets are incomplete. There are many coordinated policies (exchange rate regimes) that result in an optimal allocation if extrinsic uncertainty plays no role. However, if we take into account the possibility of sunspot equilibria, the set of optimal policies is drastically reduced. Whenever there is a possibility of influence by extrinsic uncertainty, one or both governments may seek to avoid this by intervening on the foreign exchange markets. When only one country does so, this may lead to a currency crisis, where the central bank is active and is with positive probability unsuccessful in its attempt to defend its currency. If the two countries form a monetary union, a coordinated fiscal policy is needed as a substitute for an optimal exchange rate regime.

Note e discussioni

Il nuovo modello di sintesi neoclassica e il meccanismo di trasmissione della politica monetaria
by Giorgio Pizzutto pages: 34 € 6.00
Abstract ∨
The new neoclassical synthesis combines ideas of Keynesian and classical economics. It involves the application of intertemporal optimization and rational expectations. These are applied to the analysis of pricing and output decisions in a Keynesian context as well to the consumption, investment and labor supply decisions proper of real business cycle models. Moreover the model supposes an endogenous monetary rule linking nominal rate of interest to inflation and output targets. In this paper we survey this new macroeconomic model and evaluate how money affect output and employment once that the instrument of monetary policy is the interest rate instead of quantity of money. Then we explain why the new synthesis cannot account for the persistent effect of monetary policy and the business cycle asymmetry.
In ricordo di Giovanna Valassina (1944-1979), a venticinque anni dalla sua morte
by Daniela Parisi pages: 5 Download

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