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...

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...

The paper provides estimates of the euro-area output gap, based on a relatively standard medium scale DSGE model estimated recursively with Bayesian techniques over the period 1985-2016. The main findings can be summarized as follows. First, our measure of output gap identifies episodes of...

The Covid-19 pandemic led to a large and immediate decline in households’ aggregate spending and a surge in bank and postal deposits; although little is known about how this was distributed. This paper overcomes the lack of timely micro-data on households’ liquidity by looking at supervisory...

Covid-19 caused an abrupt disruption in the world economy and posed big challenges to macroeconomic and time-series analysis. The deep trough in the business cycle was unprecedented in momentum and magnitude, was not approached smoothly, and the pandemic shock was not heralded by any warning...

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...

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...