Grey Literature - Economics and Management
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Ranking genetic factors related to age-related maculardegeneration by variable selection confidence sets
(2015)The widespread use of generalized linear models in case-control genetic studies has helped identify many disease-associated risk factors typically defined as DNA variants, or single nucleotide polymorphisms (SNPs). Up to ... -
Quasi-ML estimation, Marginal Effects and Asymptotics for Spatial Autoregressive Nonlinear Models
(2017)In this paper we propose a Partial-MLE for a general spatial nonlinear probit model, i.e. SARAR(1,1)-probit, de fined through a SARAR(1,1) latent linear model. This model encompasses the SAE(1)-probit model, considered by ... -
A Clustering Approach and a Rule of Thumb for Risk Aggregation
(2017)The problem of establishing reliable estimates or bounds for the (T)VaR of a joint risk portfolio is a relevant subject in connection with the computation of total economic capital in the Basel regulatory framework for the ... -
Opportunism in disclosing pro-forma indicators: rationale and contextual drivers
(2017)The paper examines the impact of the institutional context and the regulation on the disclosure of non-GAAP indicators (NGIs), with a focus on the adoption of NGIs for opportunistic purposes. We firstly discuss the concept ... -
Divestitures and the financial conglomerate excess value
(2017)We exploit a unique sample of the world largest financial conglomerates from 15 countries and we track their largest asset sales over the period 2005-2013, which encompasses the two last financial crises (US subprime ... -
How cultural and contextual variables affect the disclosure and transparency of pro-forma indicators
(2017)The paper analyses how company-specific financial factors and country-specific institutional and cultural factors affect the extent to which companies disclose Non-GAAP Financial Measures (NGFMs) in their financial ... -
How often to a museum? Motivations matter
(2014)Some recent contributions to the literature on cultural participation have highlighted the presence of previously disregarded motivations and the necessity of a refinement of the measure of cultural capital used in empirical ... -
If Life Throws You Lemons Try To Make Lemonade: Does Locus of Control Help People Cope with Unexpected Shocks
(2017)A number of recent papers have found that non-cognitive skills and in particular, locus of control (LoC), are important predictors of success in life in terms of both traditional labor market and socioeconomic outcomes, ... -
Can Immigrants Insure against Shocks as well as the Native-born?
(2017)The impact that an unforeseen event has on household welfare depends on the extent to which household members can take actions to mitigate the direct impact of the shock. In this paper, we use nine years of longitudinal ... -
An investigation on tourism farms in South Tyrol
(2016)This study is based on data collected at a sample of agritourism located in South Tyrol (Italy). Though a probabilistic modelling, based on a cluster and a PCA it is possible to investigate the determinants that influence ... -
Price Formation of Pledgeable Securities
(2015)Extant literature on the pricing of pledgeable securities focuses on models of risk sharing. I derive the equilibrium price function in rational expectations when investors have heterogeneous information. That allows me ... -
European spin-offs Origin, value creation, and long-term performance
(2013)This paper tests the empirical validity of theoretical predictions on corporate spin-offs motivations and ex-post performance. Using a unique data set of completed spinoffs in twelve European countries we show that spin-off ... -
The Behaviour of Repeat Visitors to Museums: Review and Empirical Findings
(2013)This study presents a theoretical and operational framework for analysing repeat visit to museums. Starting from the literature on repeat visit in tourism, the specificities of these cultural attractions are made explicit ... -
Corporate Governance of SOEs and performance in transition countries. Evidence from Lithuania
(2016)This paper investigates whether and to what extent corporate governance mechanisms affect the efficiency of State Owned Enterprises (SOEs) operating in transition economies. Furthermore, it examines the relationship between ... -
Visitor Satisfaction at the Museum: Italian versus Foreign Visitors
(2013)Trying to understand what comprises and influences visitor satisfaction is one of the most relevant areas of research for the tourism sector. The aim of this study is to analyze which factors influence overall satisfaction ... -
Severity vs. Leniency Bias in Performance Appraisal: Experimental evidence
(2013)Performance appraisal can be biased in two main ways: lenient supervisors assign pre- dominantly high evaluations (thus rewarding also undeserving agents who have exerted no effort) while severe supervisors assign predominantly ... -
Moonlighting Politicians: Motivation Matters!
(2013)We study self-selection into politics and commitment once in office of citizens with different abilities and motivations in a framework where moonlighting is allowed. We find that high-ability motivated (public-fit) ... -
In Dubio Pro Reo. Behavioral explanations of pro-defendant bias in procedures
(2013)The standard model of optimal deterrence predicts that the probability of wrongful conviction of the innocent is, at the margin, as detrimental to deterrence as the probability of wrongful acquittal of guilty individuals. ... -
An examination of tourist arrivals dynamics using short-term time series data: a space-time cluster approach
(2013)The purpose of this study is to examine the development of Italian tourist areas (circoscrizioni turistiche) through a cluster analysis of short time series. The technique is an adaptation of the functional data analysis ...
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