Institution
Libera Università Internazionale degli Studi Sociali Guido Carli
Education•Rome, Lazio, Italy•
About: Libera Università Internazionale degli Studi Sociali Guido Carli is a education organization based out in Rome, Lazio, Italy. It is known for research contribution in the topics: Monetary policy & European union. The organization has 692 authors who have published 2493 publications receiving 36411 citations. The organization is also known as: Libera Universita Internazionale degli Studi Sociali Guido Carli & Libera Università Internazionale degli Studi Sociali "Guido Carli".
Papers published on a yearly basis
Papers
More filters
••
TL;DR: In this article, the authors analyzed 355 brand posts from 11 international brands spread across six product categories and found that vivid and interactive brand post characteristics enhance the number of likes and positive comments on a brand post.
1,621 citations
•
TL;DR: In this paper, the authors investigate how monetary policy should be conducted in a two-region, general equilibrium model with monopolistic competition and price stickiness, and propose a simple welfare criterion based on the utility of the consumers that has the usual trade-off between stabilizing inflation and output.
Abstract: This Paper investigates how monetary policy should be conducted in a two-region, general equilibrium model with monopolistic competition and price stickiness. This framework delivers a simple welfare criterion based on the utility of the consumers that has the usual trade-off between stabilizing inflation and output. If the two regions share the same degree of nominal rigidity, the terms of trade are completely insulated from monetary policy and the optimal outcome is obtained by targeting a weighted average of the regional inflation rates. These weights coincide with the economic sizes of the region. If the degrees of rigidity are different, the optimal plan implies a high degree of inertia in the inflation rate. But an inflation targeting policy in which higher weight is given to the inflation in the region with higher degrees of nominal rigidity is nearly optimal.
535 citations
••
TL;DR: In this paper, the authors discuss university knowledge transfer models and review the recent developments in the literature on research collaborations, intellectual property rights and spin-offs, those forms of knowledge transfer that are more formalized and have been institutionalized in recent years.
Abstract: Universities have long been involved in knowledge transfer activities. Yet the last 30 years have seen major changes in the governance of university–industry interactions. Knowledge transfer has become a strategic issue: as a source of funding for university research and (rightly or wrongly) as a policy tool for economic development. Universities vary enormously in the extent to which they promote and succeed in commercializing academic research. The identification of clear-cut models of governance for university–industry interactions and knowledge transfer processes is not straightforward. The purpose of this article is to critically discuss university knowledge transfer models and review the recent developments in the literature on research collaborations, intellectual property rights and spin-offs, those forms of knowledge transfer that are more formalized and have been institutionalized in recent years. The article also addresses the role played by university knowledge transfer organizations in promoting commercialization of research results.
464 citations
••
TL;DR: The optimal lockdown policy for a planner who wants to control the fatalities of a pandemic while minimizing the output costs of the lockdown is studied using the SIR epidemiology model and a linear economy to formalize the planner's dynamic control problem.
Abstract: We study the optimal lockdown policy for a planner who wants to control the fatalities of a pandemic while minimizing the output costs of the lockdown. We use the SIR epidemiology model and a linear economy to formalize the planner's dynamic control problem. The optimal policy depends on the fraction of infected and susceptible in the population. We parametrize the model using data on the COVID19 pandemic and the economic breadth of the lockdown. The quantitative analysis identifies the features that shape the intensity and duration of the optimal lockdown policy. Our baseline parametrization is conditional on a 1% of infected agents at the outbreak, no cure for the disease, and the possibility of testing. The optimal policy prescribes a severe lockdown beginning two weeks after the outbreak, covers 60% of the population after a month, and is gradually withdrawn covering 20% of the population after 3 months. The intensity of the lockdown depends on the gradient of the fatality rate as a function of the infected, and on the assumed value of a statistical life. The absence of testing increases the economic costs of the lockdown, and shortens the duration of the optimal lockdown which ends more abruptly. Welfare under the optimal policy with testing is higher, equivalent to a one-time payment of 2% of GDP.
440 citations
••
TL;DR: In this paper, the welfare implications of policy rules when international financial markets are incomplete were evaluated using a two-country dynamic general equilibrium model with incomplete markets, price stickiness and monopolistic competition, and it was shown that an allocation in which the producer inflation rates in both countries are stabilized to zero reproduces the flexible price allocation.
Abstract: This Paper evaluates the welfare implications of policy rules when international financial markets are incomplete. Using a two-country dynamic general equilibrium model with incomplete markets, price stickiness and monopolistic competition, one finds that an allocation in which the producer inflation rates in both countries are stabilized to zero reproduces the flexible-price allocation. This allocation, however, is sub-optimal with deadweight losses evaluated at around 0.05 percent of a permanent shift in steady-state consumption. A state-contingent producer inflation policy is the feasible first-best. The gains from pursuing this policy instead of price stability are, however, small in terms of reduction in the deadweight losses. Therefore, under incomplete markets, price stability is a good approximation of the feasible first best policy.
377 citations
Authors
Showing all 730 results
Name | H-index | Papers | Citations |
---|---|---|---|
Saverio Lombardi | 73 | 370 | 18105 |
J. Doyne Farmer | 68 | 250 | 22848 |
Henry Chesbrough | 59 | 140 | 44019 |
Jack D. Farmer | 55 | 223 | 12419 |
Cristiano Castelfranchi | 54 | 294 | 12312 |
John A. Mathews | 53 | 173 | 11223 |
Peter S.H. Leeflang | 51 | 176 | 9153 |
Werner Güth | 48 | 589 | 14386 |
Giuseppe F. Italiano | 43 | 299 | 7319 |
Dario Rossi | 40 | 257 | 5972 |
Richard L. Priem | 40 | 82 | 11992 |
Niels Noorderhaven | 39 | 135 | 7521 |
Francesco Lippi | 37 | 116 | 5664 |
John D. Hey | 37 | 160 | 5837 |
Fabiano Schivardi | 37 | 129 | 6022 |