Search Results - "Bagella, Michele"

Optimal investment with transparency costs and tax evasion by Michele Bagella, Francesco Busato, Annalisa Castelli

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Money laundering in a two-sector model: using theory for measurement by Argentiero, Amedeo, Bagella, Michele, Busato, Francesco

“…This paper implements a methodology that exploits firms and households’ optimality conditions to measure money laundering for the Italian economy. This…”
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Money Laundering in a Microfounded Dynamic Model: Simulations for the U.S. and the EU-15 Economies by Bagella, Michele, Busato, Francesco, Argentiero, Amedeo

“…Abstract This paper explores the ability of a class of two-sector dynamic general equilibrium models to generate equilibrium time series for Money Laundering…”
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Financial markets and the post-crisis scenario by Bagella, Michele, Ciciretti, Rocco

“…Starting from August 2007, the FED intervened by injecting liquidity in the inter-banking market and reducing interest rates. Day after day, the financial…”
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Real effective exchange rate volatility and growth: A framework to measure advantages of flexibility vs. costs of volatility by Bagella, Michele, Becchetti, Leonardo, Hasan, Iftekhar

“…By devising a real effective exchange rate (REER) index where bilateral exchange rates are weighted for relative trade shares, we find that the REER volatility…”
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Money Laundering in a Microfounded Dynamic Model: Simulations for the U.S. and the EU-15 Economies by Bagella, Michele, Busato, Francesco, Argentiero, Amedeo

“…This paper explores the ability of a class of two-sector dynamic general equilibrium models to generate equilibrium time series for Money Laundering (ML),…”
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Money Laundering in a Microfounded Dynamic Model: Simulations for the U.S. and the EU-15 Economies by Bagella, Michele, Busato, Francesco, Argentiero, Amedeo

“…This paper explores the ability of a class of two-sector dynamic general equilibrium models to generate equilibrium time series for Money Laundering (ML),…”
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Earning Forecast Error in US and European Stock Markets by Bagella, Michele, Becchetti, Leonardo, Ciciretti, Rocco

“…The paper investigates the dynamics and determinants of the earning forecast bias in two (US and Eurozone) stock samples matched by size and industry…”
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Observed and “fundamental” price–earning ratios: A comparative analysis of high-tech stock evaluation in the US and in Europe by Bagella, Michele, Becchetti, Leonardo, Adriani, Fabrizio

“…By assuming that a large share of investors (which we call fundamentalists) follows a fundamental approach to stock picking, we build a discounted cash flow…”
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The "geographical agglomeration-private R&D expenditure" effect: Empirical evidence on Italian data by Bagella, Michele, Becchetti, Leonardo

“…Recent theoretical contributions show that geographical proximity, by increasing the payoff from free-riding on knowledge accumulation, may reduce the relative…”
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The anticipated and concurring effects of the EMU: exchange rate volatility, institutions and growth by Bagella, Michele, Becchetti, Leonardo, Hasan, Iftekhar

“…Reduced exchange rate volatility and higher and less heterogeneous quality of institutional rules and macroeconomic policies are two of the main (anticipated…”
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Introduction by Bagella, Michele, Hasan, Iftekhar, Lothian, James

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Introduction by Bagella, Michele, Hasan, Iftekhar, Lothian, James

“…"Globalization" and "market integration" are topics of greatly increased attention in academic and non-academic circles alike. Deregulation and the…”
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Market vs. analysts reaction: the effect of aggregate and firm-specific news by Bagella, Michele, Becchetti, Leonardo, Ciciretti, Rocco

“…Firm-specific and aggregate shocks generate reassessment of investors and analysts expectations on earnings forecasts and on the fundamental value of equities…”
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The Determinants of Motion Picture Box Office Performance: Evidence from Movies Produced in Italy by BAGELLA, M., BECCHETTI, L.

“…The paper provides an empirical analysis of box office performance for movies produced in Italy between 1985 and 1996. Descriptive evidence documents a…”
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“The first shall be last”. Size and value strategy premia at the London Stock Exchange by Bagella, Michele, Becchetti, Leonardo, Carpentieri, Andrea

“…The paper analyses the determinants of cross-sectional stock returns at the London Stock Exchange in the last 26 years. It finds that portfolio strategies…”
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Corralling the economy of crime and money laundering: a challenge for banks and international institutions into the 21st century by Brennan, Geoffrey, Eusepi, Giuseppe, Arnone, Marco, Padoan, Pier Carlo, Schneider, Friedrich, Windischbauer, Ursula, Lewisch, Peter, Argentiero, Amedeo, Bagella, Michele, Busato, Francesco, Masciandaro, Donato, Dalla Pellegrina, Lucia, Dietl, Helmut M, Franck, Egon, Lang, Markus, Gioacchino, Debora Di, Franzini, Maurizio

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The Buy-Out/Property Right Share Choice in Film Financing: Financial Rationing, Adverse Selection and the Bayesian Dilemma by BAGELLA, MICHELE, BECCHETTI, LEONARDO

“…Reduced state support of film financing in Europe requires the creation of an efficient market of private cinema financiers. Principal-agent models with and…”
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Financial constraints on investments: A three-pillar approach by Bagella, M., Becchetti, L., Caggese, A.

“…Recent theoretical analyses demonstrate how informational asymmetries between financiers and investors may generate credit rationing and positive cost…”
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The optimal financing strategy of a high-tech firm: The role of warrants by Bagella, Michele, Becchetti, Leonardo

“…The paper presents a signalling model in three periods where bad (firms in high-tech sectors with no intermediate results and risky projects), medium (firms in…”
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