Narrow search
Showing 1 - 10 of 186
Cover Image
Should monetary policy lean against the wind? An analysis based on a DSGE model with banking
Gambacorta, Leonardo; Signoretti, Federico M. - Banca d'Italia - 2013
intermediation (C�rdia and Woodford, 2009). This paper analyzes whether Taylor rules augmented with asset prices and credit can …
Persistent link: https://www.econbiz.de/10011099720
Cover Image
The Credit Channel of Policy Across Heterogeneous Banks:the Case of Italy.
Angeloni, I.; Buttiglione, L.; Ferri, G.; Gaiotti, E. - Banca d'Italia - 1995
Persistent link: https://www.econbiz.de/10005486713
Cover Image
Micro Enterprise and Macro Policy.
Townsend, R. - Banca d'Italia - 1996
This paper is about how to evaluate credit and insurance programs like the Gramee Bank in Bangladesh; Accio, Prodem …
Persistent link: https://www.econbiz.de/10005640922
Cover Image
Banks� Riskiness Over the Business Cicle: a Panel Analysis on Italian Intermediaries
Quagliariello, Mario - Banca d'Italia - 2006
Supervisors and policy makers pay increasing attention to the possible procyclical nature of banks� behaviour. Indeed, to guarantee macro and financial stability, it is important to understand whether, and to what extent, banks are affected by the macroeconomy and second round effects...
Persistent link: https://www.econbiz.de/10005609327
Cover Image
Supply tightening or lack of demand? An analysis of credit developments during the Lehman Brothers and the sovereign debt crises
Giovane, Paolo Del; Nobili, Andrea; Signoretti, … - Banca d'Italia - 2013
We estimate a structural econometric model for the credit market in Italy, using bank-level information and the … crisis. The main results are the following. First, while in normal circumstances the functioning of the Italian credit market … is consistent with a standard imperfect-competition model, during phases of high tension there are credit …
Persistent link: https://www.econbiz.de/10011099728
Cover Image
Disentangling demand and supply in credit developments: a survey-based analysis for Italy
Giovane, Paolo Del; Eramo, Ginette; Nobili, Andrea - Banca d'Italia - 2010
quantities for the participating Italian banks to assess the role of supply and demand factors in credit developments, with a … credit risk. …
Persistent link: https://www.econbiz.de/10008560234
Cover Image
Macroeconomic effects of simultaneous implementation of reforms after the crisis
Gerali, Andrea; Notarpietro, Alessandro; Pisani, … - Banca d'Italia - 2014
This paper evaluates the macroeconomic effects of simultaneously implementing fiscal consolidation and competition-friendly reforms in a country of the euro area by simulating a large-scale dynamic general equilibrium model. We find, first, that the joint implementation of reforms has additional...
Persistent link: https://www.econbiz.de/10011103310
Cover Image
Fiscal Policy and Macroeconomic Imbalances
Baldacci, Emanuele; Gupta, Sanjeev; Mulas-Granados, Carlos - Banca d'Italia - 2014
The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...
Persistent link: https://www.econbiz.de/10011277938
Cover Image
Which Target for Monetary Policy in Stage Three? Issues in the Shaping of the European Payment System.
Giannini, C.; Monticelli, C. - Banca d'Italia - 1995
Persistent link: https://www.econbiz.de/10005780689
Cover Image
Do Measures of Monetary Policy in a VAR Make Sense?
Rudebusch, G.D. - Banca d'Italia - 1996
In many VARs, monetary policy shocks are identified with the least squares residuals from a regression of the federal funds rate on an assortment of variables. Such regressions appear to be structurally fragile and are at odds with other evidence on the nature of the Fed's reaction function;...
Persistent link: https://www.econbiz.de/10005780700