The paper examines the development of Italy's public finances after the consolidation period 1992-97, which secured participation in the European Monetary Union from the outset. The quot;structuralquot; developments in the main budgetary components are assessed, excluding the effects of the...

The purpose of this study is twofold: First, it provides an empirical characterization of fiscal policy in Colombia over the last decades, by assessing the three most relevant macroeconomic factors: the behavior of fiscal policy over the business cycle; whether it has been coherent with the...

Italian Abstract: Il lavoro analizza l'andamento del valore di mercato dei derivati delle banche italiane utilizzando i conti finanziari e proponendo un confronto internazionale. Per il periodo che va dal primo trimestre del 2001 al terzo trimestre del 2008 è stata, inoltre, ottenuta una stima...

This work documents the construction of the new quarterly indicator of regional economic activity (Indicatore Trimestrale dell'Economia Regionale – ITER), which uses a parsimonious set of regional variables and combines them by means of temporal disaggregation techniques to obtain a quarterly...

The paper examines the disruption of statistics with the publication of the 2015 Ireland GDP at +26.3 per cent year on year. The figure was greeted by international disbelief. Ireland's statistical authorities reacted with the publication, for the main aggregates, of modified data in parallel...

Italian Abstract: Il lavoro analizza due distorsioni delle stime di Invind, indagine annuale della Banca d'Italia condotta su un panel di imprese: 1) quella causata dalle unità che entrano e escono dal campione, differenti dalle unità con partecipazione più stabile (panel attrition); 2)...

Official statistics serve as an important compass for policymakers due to their quality, impartiality, and transparency. In the current post-pandemic environment of great uncertainty and widespread disinformation, they need to serve this purpose more than ever. The wealth of data produced by the...

As COVID-19 spread globally, fast political decisions and the implementation of drastic measures were necessary to slow down proliferation and counter the economic disruption. The demand for broad, timely, high-frequency statistics about economic and health developments surged. At the same time,...

Italian Abstract: Il passaggio al 6° manuale della bilancia dei pagamenti (BPM6) ha implicato una revisione significativa degli standard internazionali per la compilazione delle statistiche sull’estero (flussi e stock); come da accordi internazionali, la ricostruzione è stata effettuata a...

This work provides a comprehensive overview of the giant leap made by European central bank statistics over the last quarter century. We illustrate, first, the work that led to a brand new set of central bank statistics for the implementation of the common monetary policy in the euro area. We...