We investigate the relationship between bank lending and catastrophe risk by analyzing the exposure of banks to Italian firms located in areas at risk of flooding. By matching a new map of flood risk areas with proprietary data on bank loans at municipal level we find that, on controlling for...

Italian Abstract: Nel periodo 2007-2014, caratterizzato da due crisi eccezionalmente gravi, le banche locali italiane hanno accresciuto la loro presenza sul territorio, ampliando la rete degli sportelli mentre le altre la riducevano, e rafforzato la quota di mercato sui prestiti a famiglie e...

In this article we test whether Italian female entrepreneurs are more reliable payers than men, by carrying out a survival analysis of micro enterprises that utilize a credit for the first time in the period January 2005 to December 2008, and monitoring the quality of their exposure until...

This paper depicts – from a variety of viewpoints – the degree of indebtedness and potential financial vulnerabilities of households across the Italian regions. Micro-data from several sources suggest that the financial situation of Italian households shows striking differences at...

This article presents a first insight on the carbon content of business loans in Italy, using three different methods to identify the sectors more exposed to transition risks. According to our estimates, the loans' carbon footprint of Italian banks is small compared to other European peers and...

The increasing attention paid to the possible consequences of climate change for the financial sector has strengthened international cooperation on green finance, with initiatives from both the industry and the institutions. International surveys show that so far there has been no adequate...

Italian Abstract: Negli ultimi anni i cambiamenti climatici in corso e la transizione verso un modello di sviluppo economico sostenibile hanno assunto una rilevanza centrale per il sistema finanziario, chiamando in causa anche le banche centrali. Queste ultime, il cui interesse è testimoniato...