This paper estimates the elasticities of Italy's foreign tourism demand to relative prices, nominal and real exchange … rates using a dataset for tourism flows to Italy (and its macroregions) over the period 1997-2015. By separating total … number of arrivals). Southern Italy shows higher price elasticities than the rest of the country, signalling a higher …

of Italy (Felettigh et al., 2015), which is based on the producer prices of domestically-sold manufactures, and we refine … since 1999, Italy and Spain have performed better in the non-euro area than in the euro-area markets. Competitiveness in the … in Italy and in Germany …

developments in Italy's net international investment position (NIIP) since 1999. Second, it reports a baseline projection of Italy …This paper is a case study of an (almost complete) adjustment of Italy's external stock imbalance. After reaching a … peak of around 25 per cent of GDP in early 2014, Italy's net external debtor position has steadily decreased, reaching less …

We analyse the geographic localization and the productivity of knowledge-intensive business services (KIBS) in Italy …

The paper analyses the evolution of inequality in Italy from 1989 to 2014, focusing on three business-cycle phases: the … national accounts and the Bank of Italy's Survey on Household Income and Wealth are used. Results show that income inequality …

of derivatives over a long time horizon (2003-2017) by using quarterly Bank of Italy supervisory data. We find that size …

arising from cross-border positions in investment funds has a significant impact on the composition of Italy's portfolio …Motivated by the increasingly large weight of foreign investment funds on the portfolio of Italian residents, this … paper provides an estimate of the composition, by instrument and by issuer country, of Italy's portfolio assets after …

gap between Italy and the other G20 countries, which is most evident among less educated respondents, among the elderly …

We investigate the role of cyclical factors in the adjustment of Italy's external balance from 2010, developing a model … Italy's cyclically-adjusted current account surplus came to about 0.5 percentage points of GDP; the overall external …