A Germans dilemma: save the euro or preserve their socio-economic model. Luigi Bonatti and Andrea Fracasso

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1 A Germans dilemma: save the euro or preserve their socio-economic model. Luigi Bonatti and Andrea Fracasso n. 07/2012

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! 2000-2002 2003-2005 2006-2008 2009-2011 Portugal -9.6-8.3-11.1-9.1 Ireland -0.7-1.4-4.8-0.8 Greece -7.2-6.6-13.6-10.3 Spain -3.7-5.4-9.5-4.3 Italy -0.1-0.7-1.9-2.9 France 1.5 0.2-1.1-1.8 Austria 0.

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42 Elenco dei papers del Dipartimento di Economia pubblicati negli ultimi due anni Leaving home and housing prices. The Experience of Italian youth emancipation, Francesca Modena e Concetta Rondinelli Pareto versus lognormal: a maximum entropy test, Marco Bee, Massimo Riccaboni e Stefano Schiavo Does a virtuous circle between social capital and CSR exist? A network of games model and some empirical evidence, Giacomo Degli Antoni e Lorenzo Sacconi The new rules of the Stability and Growth Pact. Threats from heterogeneity and interdependence, Roberto Tamborini Chinese reserves accumulation and US monetary policy: Will China go on buying US financial assets? Luigi Bonatti e Andrea Fracasso Taking Keller seriously: trade and distance in international R&D spillovers, Andrea Fracasso e Giuseppe Vittucci Exchange Rate Exposure under Liquidity Constraints, Sarah Guillou e Stefano Schiavo Global Networks of Trade and Bits, Massimo Riccaboni, Alessandro Rossi e Stefano Schiavo Satisfaction with Creativity: A Study of Organizational Characteristics and Individual Motivations, Silvia Sacchetti e Ermanno Tortia Do Monetary Incentives and Chained Questions Affect the Validity of Risk Estimates Elicited via the Exchangeability Method? An Experimental Investigation, Simone Cerroni, Sandra Notaro e W. Douglass Shaw Measuring (in)security in the event of unemployment: are we forgetting someone? Gabriella Berloffa e Francesca Modena The firm as a common. The case of accumulation and use of common resources in mutual benefit organizations, Ermanno C. Tortia The implications of the elimination of the multi-fibre arrangement for small remote island economies: A network analysis, Shamnaaz B. Sufrauj Post Mortem Examination of the International Financia Network, Matteo Chinazzi, Giorgio Fagiolo, Javier A. Reyes, Stefano Schiavo International R&D spillovers, absorptive capacity and relative backwardness: a panel smooth transition regression model, Andrea Fracasso and Giuseppe Vittucci Marzetti

43 The Impact of Financialization on the WTI Market, Sergio Galli Lazzeri Business change in Italian regions. A spatial shift-share approach to plant-level data, Giuseppe Espa, Danila Filipponi, Diego Giuliani and Davide Piacentino A Trick of the (Pareto) Tail, Marco Bee, Massimo Riccaboni and Stefano Schiavo A Germans dilemma: save the euro or preserve their socio-economic model, Luigi Bonatti and Andrea Fracasso

44 PUBBLICAZIONE REGISTRATA PRESSO IL TRIBUNALE DI TRENTO

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