Narrow search
Showing 1 - 10 of 996
Cover Image
EMU and the Adjustment to Asymmetric Shocks : The Case of Italy
Amisano, Gianni - 2009
at a time-varying VAR model of Italy's relative performance compared with the rest of the euro area, spanning from 1976 …
Persistent link: https://www.econbiz.de/10013153396
Cover Image
Does it Pay to Have the Euro? Italy's Politics and Financial Markets under the Lira and the Euro
Fratzscher, Marcel - 2009
's prosperity. The paper focuses on political events in Italy over the past 35 years and asks whether the adoption of the euro in … 1999 has helped insulate Italy's financial markets from the adverse consequences of its traditionally unstable political … system. We find that important political events have exerted a statistically and economically significant effect on Italy …
Persistent link: https://www.econbiz.de/10013159357
Cover Image
Bank Lending and Monetary Transmission in the Euro Area
De Santis, Roberto A. - 2013
in Germany and Italy, which are characterized by a large number of banks; but it is very weak in Spain and more … savings banks with smaller size in Italy. Third, heterogeneity across groups of banks belonging to the same category in any …
Persistent link: https://www.econbiz.de/10013078975
Cover Image
Determinants of Firms’ Efficiency : Do Innovations and Finance Constraints Matter? The Case of European Smes
Bonanno, Graziella - 2020
This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...
Persistent link: https://www.econbiz.de/10012831402
Cover Image
The Italian Block of the Escb Multi-Country Model
Angelini, Elena; D'Agostino, Antonello; McAdam, Peter - 2021
This paper documents the structure, estimation and simulation properties of the Italian block of the ESCB-multi-country model (MCM). The model is used regularly as an input into Eurosystem projection exercises and, to a lesser extent, in simulation analysis. The specification of the Italian...
Persistent link: https://www.econbiz.de/10013317555
Cover Image
Relative House Price Dynamics Across Euro Area and US Cities : Convergence or Divergence?
Hiebert, Paul - 2010
differentials in explaining city-level house price dispersion in Germany, France, and the US (but not in Italy or Spain once …
Persistent link: https://www.econbiz.de/10013142991
Cover Image
The Italian block of the ESCB multi-country model
Angelini, Elena; D’Agostino, Antonello; McAdam, Peter - 2006
This paper documents the structure, estimation and simulation properties of the Italian block of the ESCB-multi-country model (MCM). The model is used regularly as an input into Eurosystem projection exercises and, to a lesser extent, in simulation analysis. The specification of the Italian...
Persistent link: https://www.econbiz.de/10011604706
Cover Image
EMU and the adjustment to asymmetric shocks: the case of Italy
Amisano, Gianni; Giammarioli, Nicola; Stracca, Livio - 2009
at a time-varying VAR model of Italy’s relative performance compared with the rest of the euro area, spanning from 1976 …
Persistent link: https://www.econbiz.de/10011605174
Cover Image
Interest rates and output in the long-run
Aksoy, Yunus; León-Ledesma, Miguel A. - 2005
In this paper we argue that both statistics and economic theory-based evidence largely indicate the absence of long run relationships between the real output and the most relevant monetary indicator for the U.K. and the U.S, short term interest rates. These findings are not only a full sample...
Persistent link: https://www.econbiz.de/10011604480
Cover Image
The Information Content of Money and Credit for US Activity
Albuquerque, Bruno - 2016
We analyse the forecasting power of different monetary aggregates and credit variables for US GDP. Special attention is paid to the influence of the recent financial market crisis. For that purpose, in the first step we use a three-variable single-equation framework with real GDP, an interest...
Persistent link: https://www.econbiz.de/10013004517