Showing 1 - 10 of 17
The paper analyses the main differences in the financial structure of Italian and European non financial corporations in the 2004-2007 period, that is during the years before the financial crisis. The research is based on individual balance sheets of Amadeus (Analyse Major Databases from...
Persistent link: https://www.econbiz.de/10013132324
quality in Italy in the past twenty years, as measured by the ratio of new bad loans to the outstanding amount of loans in the …
Persistent link: https://www.econbiz.de/10013124759
This paper proposes a comparative analysis of the main macroeconomic aggregates (both real and credit aggregates), and the monetary policy response during the most severe recessions experienced by the Italian economy. This descriptive study focuses mainly on the last forty years, a period for...
Persistent link: https://www.econbiz.de/10013156024
capital income taxation in Italy, the EU and the US. The paper also analyses the recent evolution of capital taxation and … portfolio allocation in Italy. The findings point to high heterogeneity in the choice of the type of tax system, taxation level … system. Empirical evidence for Italy suggests that the tax burden on financial assets has increased in recent years but the …
Persistent link: https://www.econbiz.de/10012865599
This paper introduces a framework to jointly account for the affordability of the periodic repayment of the housing debt (income constraint) and of the initial deposit (budget constraint). An application to 2006-2012 micro-data on Italian households indicates that the improvement in the ability...
Persistent link: https://www.econbiz.de/10012994331
taxation between Italy, France, Germany, Spain and the UK, the paper provides estimates for the tax burden and deferred tax …
Persistent link: https://www.econbiz.de/10012994478
Italy, the paper reconstructs synthetic microdata compatible with the aggregate results of sample surveys carried out in …
Persistent link: https://www.econbiz.de/10012921192
Climate change poses severe systemic risks to the financial sector through multiple transmission channels. In this paper, we estimate the potential impact of different carbon taxes (€50, €100, €200 and €800 per ton of CO2) on the Italian banks’ default rates at the sector level in the...
Persistent link: https://www.econbiz.de/10013288848
, and monitoring the quality of their exposure until December 2010. The data were drawn from the Bank of Italy's Central …
Persistent link: https://www.econbiz.de/10013078413
We investigate the duration of bad loans for a unique data set of sole proprietorships in Italy, finding that bad loans …
Persistent link: https://www.econbiz.de/10013078611