Il termine inglese nudging viene tradotto in italiano con la locuzione “spinta gentile”. Esso indica un’azione svolta dallo Stato diretta ad incentivare (o disincentivare) comportamenti individuali ritenuti benefici (o ...

The consistent ranking of multivariate volatility models by means of statistical loss function is a challenging research field, because it concerns the quality of the proxy chosen to replace the unobserved volatility, the ...

Given a nonparametric regression model, we assume that the number of covariates d → ∞ but only some of these covariates are relevant for the model. Our goal is to identify the relevant covariates and to obtain some information ...

The selection of the smoothing parameter represents a crucial step in the local polynomial regression, because of the implications on the consistency of the nonparametric regression estimator and because of the difficulties ...

A common view among many academics and policy makers is that biotech offers enormous opportunities for improving competitiveness and economic growth. For this reason there is a growing need to set up appropriate policy to ...

Several studies highlight that the labour market entry is strongly influenced by informal relational networks (friendship and kinship). Given that informal networks have a relevant role in job position, the present work ...

This paper presents and discusses the results of a comparative review of the elasticities of complementarity and substitution which may be obtained from seven functional forms, inflexible and flexible. Every functional ...

Continuous-time di usion processes are often used in literature to model dynamics of nancial markets. In such kinds of models a rel- evant role is played by the variance of the process. So assumptions on the functional ...