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The dynamic effects of technological and non technological shocks in the energy sector: a case study for Italy - Working Papers University of Urbino Carlo BO, DESP
No full text
An Estimation of Money demand: Differences in the long and short run. Working Paper Università di Urbino.
No full textAggregazione di imprese e contratto di rete (Aggregation of firms and network agreement)
No full textCrisi economica Flessibilità del lavoro e produttività
Full text linkIn this paper we argue that the deceleration of labour productivity is at the root of the
slowdown of the Italian economic growth over the last twenty years. Using a simple model of
growth accounting, we show that this poor performance can only be accounted for by a
combination of two main changes: an adverse technological change to the labour demand
(TFP slowdown) and a positive institutional change to the labour supply (higher flexibility).
Basically, the Italian productivity slowdown and the deterioration of its international
competitiveness open new questions on the feared decline of the Italian economy
Marx and the value
No full textThis paper addresses the Marxian transformation problem of values into prices. According to Marx, the value of commodities
is given by the labour embodied in the same commodities. However, given the Marxian assumption of free competition in
labour and good markets, the price of commodities may deviate from their labour value. Marx’s “transformation problem”
lies precisely in the computation of prices based on their labour content. As we shall see, the solution proposed by Marx is
only partial, and subsequent attempts to solve the problem increasingly distance the solution from the Marxian model which
is based on labour value and surplus value, leaving the question still open
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