. We obtain two main results. First, a longer relationship with the main bank fosters firms' foreign direct investment (FDI …) while it does not affect the export status of the enterprises not engaging in FDI. Second, the probability of a firm … undertaking FDI further increases if its main bank is itself internationalized by holding foreign subsidiaries …

investment (FDI). This results in what is known in the literature as ‘pass-through capital' (i.e. capital entering and exiting …-tripping for Italy along their geographical and sectoral dimensions, applying a simple methodology based on information on the …

investor countries and accordingly to estimate the share to attribute to Italy, which may plausibly range from €124 billion to …

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 … developments in Italy's net international investment position (NIIP) since 1999. Second, it reports a baseline projection of Italy …

driver of Italy's investment income balance variations is the yield effect. The stock and the composition effects are less …

. First, we simulate different scenarios of economic growth depending on the course of the pandemic in Italy. Second, we …

negative correlation between social capital and inequality. This chapter provides some empirical findings on Italy that confirm …