Narrow search
Showing 1 - 10 of 27
Cover Image
Considerazioni finali del governatore : relazione annuale anno ... - ... esercizio
Banca d'Italia - Roma : [Banca d'Italia, Eurosistema] - 122 (2015)-
Persistent link: https://www.econbiz.de/10011716512
Cover Image
Considerazioni finali del governatore : relazione annuale anno ... - ... esercizio
Banca d'Italia - 31 maggio 2016-: Roma : [Banca d'Italia, Eurosistema] - 122 (2015)-
Persistent link: https://www.econbiz.de/10011716514
Cover Image
The role of financial investments in agricultural commodity derivatives markets
Borin, Alessandro; Nino, Virginia Di - Banca d'Italia - 2012
volatility of futures prices. The Granger-causality tests suggest that speculative investments usually follow � rather than … associated with lower volatility of futures returns, while that of swap dealers is sometimes followed by higher price variations. …
Persistent link: https://www.econbiz.de/10009645788
Cover Image
Estimating expectations of shocks using option prices
Cesare, Antonio Di - Banca d'Italia - 2004
point in time, the parameters of the model are estimated by minimizing the sum of squared implied volatility errors, and … their informational content is compared with the widely used Black and Scholes implied volatility, calculated on at … periods of high variability of asset prices the jump-diffusion approach may help to disentangle the cases in which volatility …
Persistent link: https://www.econbiz.de/10005609384
Cover Image
Potential Output, Output Gap, and Inflation in Italy in the Long Term (1861-2010): An Econometric Analysis
Baffigi, Alberto; Bontempi, Maria Elena; Golinelli, Roberto - Banca d'Italia - 2013
We exploit the new historical national accounts data for Italy over the period 1861-2010, built by Banca d'Italia and Istat, with the collaboration of the University of Rome "Tor Vergata". In the first part of the paper, a thorough study of the new data's statistical properties is presented...
Persistent link: https://www.econbiz.de/10011105101
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
The relationship between the PMI and the Italian index of industrial production and the impact of the latest economic crisis
Aprigliano, Valentina - Banca d'Italia - 2011
Survey data attract considerable interest as timely and reliable series for assessing the state of the economy. We investigate the relationship between the manufacturing PMI and the Index of Industrial Production (IPI) for Italy, with a special focus on the effects of the latest crisis. The...
Persistent link: https://www.econbiz.de/10009350679
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
Macroeconomic uncertainty and banks' lending decisions: The case of Italy
Quagliariello, Mario - Banca d'Italia - 2007
This paper discusses the role that macroeconomic uncertainty plays in banks� decisions on the optimal asset allocation. Using a portfolio model recently proposed in the literature, the paper aims at disentangling how Italian banks choose between loans and risk-free assets when uncertainty...
Persistent link: https://www.econbiz.de/10005609339