Italy - Central Bank Research Hub

Title Author(s)

Public investment and monetary policy stance in the euro area

Bank of Italy Working Papers [View] (Paper: 1150, 05.12.2017)

JEL: E52, E62, F41, F42

Optimal monetary policy and fiscal interactions in a non-Ricardian economy

Bank of Italy Working Papers [View] (Paper: 1155, 05.12.2017)

JEL: E63

The CSPP at work: yield heterogeneity and the portfolio rebalancing channel

Bank of Italy Working Papers [View] (Paper: 1157, 05.12.2017)

JEL: G15, G32, G38

Pairwise trading in the money market during the European sovereign debt crisis

Bank of Italy Working Papers [View] (Paper: 1160, 05.12.2017)

JEL: C30, D40, E40, E50, G01, G10

Fiscal policy uncertainty and the business cycle: time series evidence from Italy

Bank of Italy Working Papers [View] (Paper: 1151, 05.12.2017)

JEL: C2, E3

Systemic risk and systemic importance measures during the crisis

Bank of Italy Working Papers [View] (Paper: 1153, 05.12.2017)

JEL: G01, G18, G21

Secular stagnation, R, public investment and monetary policy: a global-model perspective

Bank of Italy Working Papers [View] (Paper: 1156, 05.12.2017)

JEL: E43, E44, E52, E58

Banks' maturity transformation: risk, reward, and policy

Bank of Italy Working Papers [View] (Paper: 1159, 05.12.2017)

JEL: E43, G21, G28

Looking behind the financial cycle: the neglected role of demographics

Bank of Italy Working Papers [View] (Paper: 1149, 01.12.2017)

JEL: D53, E21, E32, J11

International financial flows and the risk-taking channel

Bank of Italy Working Papers [View] (Paper: 1152, 01.12.2017)

JEL: F32, F33, F34

Investment decisions by European firms and financing constraints

Bank of Italy Working Papers [View] (Paper: 1148, 25.10.2017)

JEL: G01, G31, G32

Consistent inference in fixed-effects stochastic frontier models

Bank of Italy Working Papers [View] (Paper: 1147, 25.10.2017)

JEL: C13, C23

Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation in Italy

Bank of Italy Working Papers [View] (Paper: 1146, 25.10.2017)

JEL: G01, G21, G31, G33

A quantitative analysis of risk premia in the corporate bond market

Bank of Italy Working Papers [View] (Paper: 1141, 25.10.2017)

JEL: B26, C02, F30, G12, G15

Capital Misallocation and Financial Development: A Sector-Level Analysis

Bank of Italy Working Papers [View] (Paper: 1143, 25.10.2017)

JEL: E22, E23, O16, O47

A Financial Conditions Index for the CEE economies

Bank of Italy Working Papers [View] (Paper: 1145, 25.10.2017)

JEL: C43, E17, E44, E5, G01

Monetary policy in times of debt

Bank of Italy Working Papers [View] (Paper: 1142, 25.10.2017)

JEL: E52, E58, G21

Leaving your mamma: why so late in Italy?

Bank of Italy Working Papers [View] (Paper: 1144, 25.10.2017)

JEL: D10, D31, H31, J11, J12

Natural rates across the Atlantic

Bank of Italy Working Papers [View] (Paper: 1140, 27.09.2017)

JEL: C51, E32, E43, E52

On secular stagnation and low interest rates: demography matters

Bank of Italy Working Papers [View] (Paper: 1137, 27.09.2017)

JEL: C32, E52, J11

Credit misallocation during the European financial crisis

Bank of Italy Working Papers [View] (Paper: 1139, 27.09.2017)

JEL: D23, E24, G21

Macroeconomic effects of non-standard monetary policy measures in the euro area: the role of corporate bond purchases

Bank of Italy Working Papers [View] (Paper: 1136, 27.09.2017)

JEL: E43, E44, E52, E58

Tony Atkinson and his legacy

Bank of Italy Working Papers [View] (Paper: 1138, 27.09.2017)

JEL: A1, B32, D3, D6, H00, I3

The real effects of relationship lending

Bank of Italy Working Papers [View] (Paper: 1133, 27.09.2017)

JEL: E44, G21

Legislators' behaviour and electoral rules: evidence from an Italian reform

Bank of Italy Working Papers [View] (Paper: 1135, 27.09.2017)

JEL: D72, H41, Z10

Low frequency drivers of the real interest rate: a band spectrum regression approach

Bank of Italy Working Papers [View] (Paper: 1132, 27.09.2017)

JEL: C22, E43

Credit demand and supply: a two-way feedback relation

Bank of Italy Working Papers [View] (Paper: 1134, 27.09.2017)

JEL: D82, E51, G21

Venture capitalists at work: what are the effects on the firms they finance?

Bank of Italy Working Papers [View] (Paper: 1131, 27.09.2017)

JEL: G21, G24, G32, O30

Liquidity transformation and financial stability: evidence from the cash management of open-end Italian mutual funds

Bank of Italy Working Papers [View] (Paper: 1113, 03.05.2017)

JEL: G12, G23

Services trade and credit frictions: evidence from matched bank-firm data

Bank of Italy Working Papers [View] (Paper: 1110, 03.05.2017)

JEL: F10, F14, F36, G21, L80

Local labour market heterogeneity in Italy: estimates and simulations using responses to labour demand shocks

Bank of Italy Working Papers [View] (Paper: 1112, 03.05.2017)

JEL: J23, J61, R23

Assessing the risks of asset overvaluation: models and challenges

Bank of Italy Working Papers [View] (Paper: 1114, 03.05.2017)

JEL: B26, C02

Bank lending in uncertain times

Bank of Italy Working Papers [View] (Paper: 1109, 03.05.2017)

JEL: E51, G21

Lending organization and credit supply during the 2008-09 crisis

Bank of Italy Working Papers [View] (Paper: 1108, 03.05.2017)

JEL: G21, L15

STEM graduates and secondary school curriculum: does early exposure to science matter?

Bank of Italy Working Papers [View] (Paper: 1107, 28.03.2017)

JEL: H52, I23, J24

Taxation and housing markets with search frictions

Bank of Italy Working Papers [View] (Paper: 1105, 28.03.2017)

JEL: E62, R21, R31

I will survive. Pricing strategies of financially distressed firms

Bank of Italy Working Papers [View] (Paper: 1106, 28.03.2017)

JEL: C25, D22, L11

Informal loans, liquidity constraints and local credit supply: evidence from Italy

Bank of Italy Working Papers [View] (Paper: 1099, 23.02.2017)

JEL: D14, E21

Banks, firms, and jobs

Bank of Italy Working Papers [View] (Paper: 1097, 23.02.2017)

JEL: G01, G21, J23, J63

Using the payment system data to forecast the Italian GDP

Bank of Italy Working Papers [View] (Paper: 1098, 23.02.2017)

JEL: C53, E17, E27, E32, E37, E42

A goodness-of-fit test for Generalized Error Distribution

Bank of Italy Working Papers [View] (Paper: 1096, 23.02.2017)

JEL: C14, C15, C63

An indicator of inflation expectations anchoring

Bank of Italy Working Papers [View] (Paper: 1103, 23.02.2017)

JEL: C14, C58, E31, E44, G13

The effects of tax on bank liability structure

Bank of Italy Working Papers [View] (Paper: 1101, 23.02.2017)

JEL: G21, G32, G38, H25

A tale of fragmentation: corporate funding in the euro-area bond market

Bank of Italy Working Papers [View] (Paper: 1104, 23.02.2017)

JEL: G15, G32, G38

Monetary policy surprises over time

Bank of Italy Working Papers [View] (Paper: 1102, 23.02.2017)

JEL: E44, E52, F31, G14

Why did sponsor banks rescue their SIVs?

Bank of Italy Working Papers [View] (Paper: 1100, 23.02.2017)

JEL: G2, G3

Household debt and income inequality: evidence from Italian survey data

Bank of Italy Working Papers [View] (Paper: 1095, 03.01.2017)

JEL: D14, D63, G01, G21, R10

Structural transformation and allocation efficiency in China and India

Bank of Italy Working Papers [View] (Paper: 1093, 03.01.2017)

JEL: E23, O11, O41, O47, O53, O57

Asymmetric information and the securitization of SME loans

Bank of Italy Working Papers [View] (Paper: 1091, 03.01.2017)

JEL: D82, G21

The bank lending channel of conventional and unconventional monetary policy

Bank of Italy Working Papers [View] (Paper: 1094, 03.01.2017)

JEL: E30, E32, E51