discretionary fiscal measures have increased annualized quarterly real GDP growth during the crisis by up to 1.6 percentage points …

This paper is an event study focusing on the global effects of the euro debt crisis in 2010-2013. After identifying 18 … key exogenous crisis events, I analyze the impact on equity returns, exchange rates and government bond yields in 12 … advanced and 13 emerging countries. The main effect of euro debt crisis events is a rise in global risk aversion accompanied by …

recent financial crisis. Instead, we focus our analysis on the Great Recession period (July 2007 to October 2014) and euro … information on the impact of some of the measures introduced by the ECB during the financial crisis. First, the ECB introduced …

at a time-varying VAR model of Italy's relative performance compared with the rest of the euro area, spanning from 1976 …

'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 …

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 …

differentials in explaining city-level house price dispersion in Germany, France, and the US (but not in Italy or Spain once …