Parthenope University of Naples

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    Essays on wage share and productivity: the cases of Italy and Eurozone

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    This thesis consists of three independent academic papers, each addressing in different way, through a macroeconomic and long-term perspective, the relationship between productivity and wage share in Italy and Eurozone since 1960s. Taken together, the papers provide a comprehensive view that emphasizes how neoliberal labour policies discouraged - through lower wages to productive investment and organizational improvements, fostering the spread of low value-added production and ultimately undermining productivity, domestic demand, and the country’s economic growth

    Climate-Related Extensions of the Lee-Carter Model

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    This study examines the impact of climate risk-related variables on mortality patterns across diverse population groups. An innovative version of the Lee-Carter model is proposed, incorporating a climate risk-related variable - specifically, CO2 emissions - to enhance the accuracy of mortality prediction. A three-step estimation process using Ordinary Least Squares is employed to calibrate the model parameters. Experiments conducted on data from 42 populations indicate that integrating climate risk information leads to more accurate mortality predictions. Especially, combining climate variables with macroeconomic indicators such as GDP yields further improvements in forecast performance

    Il «sasso che scuote l’acqua»: le cinque proposte gianniniane di riforma della giustizia amministrativa e le incerte sorti progressive del «sistema»”

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    Il contributo ripercorre i cinque «punti fermi» delineati da Giannini nel suo celebre Discorso generale sulla giustizia amministrativa del 1964, con il quale propose un disegno organico di riforma destinato a incidere profondamente sul dibattito giuridico e istituzionale successivo. Le sue riflessioni sulla configurazione della giurisdizione, sull’indipendenza del giudice amministrativo, sulla tutela degli interessi pubblici e sul riordino del processo hanno posto in evidenza questioni che, ancora oggi, restano al centro della discussione dottrinale e politico-istituzionale. L’analisi dimostra che a, più di sessant’anni di distanza, il pensiero gianniniano continua a rappresentare una chiave interpretativa estremamente utile per comprendere i progressi compiuti e a orientare le prospettive future di un sistema chiamato a garantire effettività e razionalità della tutela, nonché a confrontarsi con la complessità del diritto pubblico contemporaneo

    Examining the ESG of banks. The integrated reporting perspective

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    Purpose – The introduction of compulsory rules on sustainable development at the company level poses the consequent problem of analyzing the actions and behaviors carried out by companies also in non-financial directions. Environmental, social and governance (ESG) practices serve as a basic disclosure tool to examine these actions. Nevertheless, a high risk of greenwashing persists in the banking sector. For this reason, more comprehensive investigations into non-financial disclosure may be necessary, such as adherence to the integrated reporting framework. Design/methodology/approach – To evaluate banks’ non-financial disclosure, a dual-method approach is adopted. Firstly, the study employs a novel indicator that encompasses various dimensions of corporate sustainability and green strategies. Secondly, to map disclosure patterns that are comparable and repeatable across banks, a quantitative component applies natural language processing, including cosine similarity and clustering. Findings – Although the study reveals that banks exhibit a high level of ESG disclosure, the degree of consistency with the guiding principles of the integrated reporting is quite weak. The main gaps concern readability, accessibility and performance, as well as strategic objectives, and the explanation of how banks reconcile economic and sustainability aspects when generating value. Hence, the study confirms the findings of previous investigations, which indicate that the risks of greenwashing remain high, despite the introduction of new mandatory reporting rules. Originality/value – While ESG standards are the most widely adopted benchmark for assessing non-financial disclosure in the context of sustainable development, they may not be sufficient to evaluate the green behaviors of companies and banks in particular. A gap risks emerging between the close pursuit of ESG criteria and the pursuit of a broader long-term sustainability strategy, minimizing greenwashing practices. This is one of the few studies that try to highlight this possible disconnection

    Pain Management in Italian Elite Athletes: Trends in the Use of Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Glucocorticoids, and Narcotics in Anti-Doping Reports (2013–2023)

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    Background: Analgesics are widely used in competitive sports, but their patterns of use and detection in anti-doping controls vary significantly across drug classes. This study examined a decade of Italian anti-doping reports with three aims: to describe trends in volving non-steroidal anti-inflammatory drugs (NSAIDs), glucocorticoids, and narcotics; to characterize the distribution of specific active ingredients; and to analyze the relative contri bution of these classes to anti-doping violations, placing the findings within the regulatory framework. Methods: Data from national anti-doping reporting systems were analyzed from 2013 to the first half of 2023. Yearly data included tested athletes, athlete declarations of NSAIDuse, andlaboratory analytical findings for prohibited substances (glucocorticoids and narcotics). NSAID prevalence was calculated relative to tested athletes, while glucocor ticoid and narcotic findings were assessed as absolute counts and proportions of total viola tions. Temporal trends were assessed using the Cochran–Armitage test. Results: NSAIDs consistently ranked as the most frequently reported medication, with nearly half of the tested athletes reporting their use and no significant linear trend in overall prevalence. However, a significant shift was observed within the NSAID class, with a marked de in declarations of COX-2 selective agents over time. Glucocorticoids accounted for a significant portion of prohibited substances, with fluctuating proportions (showing no sig nificant linear trend), betamethasone being the most common active ingredient. Narcotics appeared only sporadically, although the use of non-prohibited opioids such as tramadol and codeine—absent from official reports—remains relevant for understanding analgesic practices. Conclusions: Analgesic use in Italian elite sports shows distinct patterns driven by therapeutic needs and anti-doping regulations. NSAIDs remain the primary choice for routine pain management, though the type of NSAID reported has shifted significantly. Glucocorticoids represent a notable share of prohibited findings with a fluctuating, rather than steadily increasing, pattern. Narcotics appear only sporadically in violation data. Ongoing monitoring will be crucial to understanding how evolving clinical practices and recent regulatory changes influence future detection trends and athlete health

    Costs and Advantages of Non-financial Reporting by European Listed Companies. An Overview of the Academic Debate

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    European listed companies are adopting non-financial reporting (NFR) documents both in response to legal requirements and voluntarily. On the one hand, these documents involve the suffering of costs for companies that adopt them, in response to coercive and mimetic isomorphism; on the other hand, companies receive some advantages from adoption of these reporting documents. This study aims to understand the costs and advantages that these companies suffer and receive from NFR adoption, following the issuance of Directive 2014/95/EU. By structured literature review, this study maps the academic debate on this topic and carries out an overview of main focuses addressed in previous studies. The results highlight that the academic debate pays close attention to financial issues with a specific focus on profitability and cost of debt. Other issues were identified, regarding corporate reputation and legitimacy. However, the findings reached by the sampled articles are opposite and conflicting, and the need for further empirical studies arise. This study has academic and managerial implications. Knowing how the literature has paid attention to specific points, it makes practitioners more sensitive to these issues and supports them in taking more effective corporate actions

    ITINERIS Geophysical Technologies @CNR-IREA: Drone-Based Tests at Altopiano di Verteglia, Avellino (Southern Italy)

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    Unmanned Aerial Vehicles have become widely adopted platforms for geophysical investigations. In recent years, several geophysical sensors, including magnetometers, ground penetrating radars, hyperspectral cameras and thermal cameras, have been developed for drone-based deployment, thus enhancing the effectiveness of geophysical surveys. This work presents a multi-geophysical survey conducted to test two drone-based geophysical systems, namely, the MagNimbus magnetometer system and the Zond Aereo LF GPR system. The survey was carried out at the Altopiano di Verteglia (Montella, AV - Italy) in the Southern Apennines for investigating near-surface buried metallic pipes. The knowledge of the area makes it an ideal location for our tests, allowing us to compare the results associated with different physical parameters of the target, operating with different drone-based geophysical technologies and configurations, and understand how the collected data can be used to address environmental challenges

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