Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy cooperation. Issues covered include: fiscal coordination, fiscal stringency requirements, structural and bargaining power asymmetries and the design of monetary and fiscal policymaking in a monetary union. In the four last chapters multiple-player settings with aspects of fiscal and/or monetary coordination are analyzed using the endogenous coalition formation approach. The analysis is focused on shock and model asymmetries and issues of multi-country coordination in the presence of (possibly many) monetary unions.
The family book, a kind of diary written by and about the family for its various members, was established by scholars as a genre in Italy in the 1980s. Although initially regarded as an Italian genre, the family book can also be found in other parts of Europe. Nevertheless, the genre can be traced back to Florence, where it first emerged and consequently flourished with the lavish production of such documents. This abundance springs from the social structure of the city, where such texts were essential for establishing and cultivating the basis for the social promotion of Florentine families. This book presents a reconstruction of the evolution and persistency of Tuscan family books, as well as a study of several aspects of social history, including: reading and private libraries, domestic devotion, and the memory of historical events. Starting with the Renaissance, the investigation then broadens to the 17th-18th centuries and considers other forms of memory, such as private diaries and autobiographies. A final section is dedicated to the issue of memory in the egodocuments of early modern Europe. This book was translated by Susan Amanda George.
Risky Markets explores a crucial moment in marine insurance history, when tools to tackle risks are in the making. It accounts for one of the earliest attempts of a specialized insurance market is carried out in Renaissance Florence.
The Committee Firenze 2016, on the occasion of the 50th anniversary of the tragic 1966 flood, invited six engineers and scientists to form an International Technical Scientific Committee (ITSC) to assess the current status of flood protection for the city of Florence and identify steps to reduce the risk of flooding facing the city. In this final Report, ITSC concludes that Florence remains at risk to significant flooding and this risk grows each day. It is not a question of whether a flood of the magnitude of 1966 or greater will occur, but when. In fact, the level of protection that exists in Florence now is not on a level appropriate to the citizens and treasures that rest within the city. If, under current conditions, a 1966-like flood occurred, the consequences to human lives, treasures, properties and community infrastructure could be much more catastrophic than they were in 1966.
This is the first work by Giovanni Caroli (1428–1503) to appear in print. Caroli was one of the leading theologians in Florence during the last decades of the fifteenth century, a man who lived between the two great traditions of his time: the scholastic and the humanist. The volume contains a critical edition of the Latin text, entitled The Book of My Days in Lucca, an English translation, commentary notes and an introduction. Caroli presents us with his powerful personal reaction to the institutional crisis regarding the required reform in the Dominican Order, yet even here we already notice the pervasive influence of his classical education, and especially his acquaintance with authors such as Cicero, Livy, Tacitus, and especially Virgil.
Giovanni Andrea Gilio’s Dialogue on the Errors and Abuses of Painters (1564) is one of the first treatises on art published in the post-Tridentine period. It remains a key primary source for the discussion of the reform of art as it unfolded at the time of the Council of Trent and the Catholic Reformation. Relatively little is known about Gilio himself, a cleric from Fabriano, Italy. He was evidently familiar with Cardinal Alessandro Farnese’s lively court circle in Rome and dedicated his book to the cardinal. His text—available here in English in full for the first time—takes the form of a spirited dialogue among six protagonists, using the voices of each to present different points of view. Through their dialogue Gilio grapples with a host of issues, from the relationship between poetry and painting, to the function of religious images, to the effects such images have on viewers. The primary focus is the proper representation of history, and Michelangelo’s Last Judgment fresco in the Sistine Chapel is the exemplary case. Indeed, Michelangelo’s painting is both praised and condemned as an example of the possibilities and limits of art. Although Gilio’s dialogue is often quoted by art historians to point out the more controlling view of art and artists by the Roman Catholic Church, the unabridged text reveals the nuanced and provisional debates happening during this critical era.
An overview of the causes and consequences of speculative attacks on domestic currency and international financial turmoil. It provides a comprehensive treatment of the existing theories of exchange rate crises and of financial market runs.
The book presents a rigorous reconstruction of Ricardo's contribution to economic theory and a unifying interpretation of the key issues of Ricardo's research. Part One deals primarily with the problems of value and distribution Part Two deals specifically with the issues of distribution and growth. * Contemporary economic literature in the fields of value, distribution and growth is witnessing a renewed interest in the approach of the classical school, notably in the work of David Ricardo.
The only book on the market that provides current, necessary, and comprehensive technical knowledge of extruded cables and high-voltage direct-current transmission This is the first book to fully address the technical aspects of high-voltage direct-current (HVDC) link projects with extruded cables. It covers design and engineering techniques for cable lines, insulation materials, and accessories, as well as cable performance and life span and reliability issues. Beginning with a discussion on the fundamentals of HVDC cable transmission theory, Extruded Cables for High-Voltage Direct-Current Transmission: Advances in Research and Development covers: Both the cable and the accessories (joints and terminations), each of which affects cable line performance The basic designs of HVDC cables—including a comparison of mass insulated non-draining cables with extruded HVDC cables The theoretical elements on which the design of HVDC cables is based—highlighting the differences between HVAC and HVDC cables Space charge-related problems that have a critical impact on extruded insulation for HVDC application Recent advances in extruded compounds for HVDC cables such as additives and nano-fillers The improved design of extruded HVDC cable systems—with emphasis on design aspects relevant to accessories Cable line reliability problems and the impact on cable system design Including more than 200 illustrations,Extruded Cables for High-Voltage Direct-Current Transmission fills a gap in the field, providing power cable engineers with complete, up-to-date guidance on HVDC cable lines with extruded insulation.
This full critical edition of The Pleasant Nights presents these stories in English for the first time in over a century. The text takes its inspiration from the celebrated Waters translation, which is entirely revised here to render it both more faithful to the original and more sparkishly idiomatic than ever before. The stories are accompanied by a rich sampling of illustrations, including originals from nineteenth-century English and French versions of the text.
The present book analyses the work of Ezio Tarantelli, a remarkable Italian scientist and economist killed by the Red Brigades in 1985 after only a short life (1941-1985). Tarantelli’s work and its implications are not only of importance for Italian researchers, but also represents a contribution of interest to economists worldwide. The first chapter of this volume shows the most important features of the European and Italian economy from 1970 to 1985. The contribution of Tarantelli, in fact, was his attempt to address the questions arising from such a context, incorporating the thought of F. Modigliani and J. Robinson in the process. After some brief biographical notes in the second chapter, the third and the fourth concentrate on Tarantelli’s theoretical contribution. The fifth chapter and the conclusions, finally, show how, from his economic analysis, he derived some economic policy proposals that still hold relevance today. The text includes a complete bibliography of his scientific writings.
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