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Every cloud has a silver lining : the sovereign crisis and Italian potential output
Gerali, Andrea; Locarno, Alberto; Notarpietro, Alessandro; … - 2015
Persistent link: https://www.econbiz.de/10011561902
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Every Cloud Has a Silver Lining. The Sovereign Crisis and Italian Potential Output
Gerali, Andrea - 2015
This paper evaluates the direct and indirect effects of the sovereign debt crisis on Italy's potential output. The direct effects are captured by the increase in the interest rate paid by Italian borrowers in the second half of 2011, the indirect effects by the policy responses to the crisis...
Persistent link: https://www.econbiz.de/10013017472
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The sovereign crisis and Italy's potential output
Gerali, Andrea; Locarno, Alberto; Notarpietro, Alessandro; … - In: Journal of policy modeling : JPMOD ; a social science … 40 (2018) 2, pp. 418-433
Persistent link: https://www.econbiz.de/10011965988
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Trust, but verify. De-anchoring of inflation expectations under learning and heterogeneity
Busetti, Fabio; Delle Monache, Davide; Gerali, Andrea; … - 2017
The paper studies how a prolonged period of subdued price developments may induce a de-anchoring of inflation expectations from the central bank's objective. This is shown within a framework where agents form expectations using adaptive learning, choosing among a set of alternative forecasting...
Persistent link: https://www.econbiz.de/10011606039
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BASEL III: Long-term impact on economic performance and fluctuations
Angelini, Paolo; Clerc, Laurent; Cúrdia, Vasco; … - 2011
We assess the long-term economic impact of the new regulatory standards (the Basel III reform), answering the following questions: 1) What is the impact of the reform on longterm economic performance? 2) What is the impact of the reform on economic fluctuations? 3) What is the impact of the...
Persistent link: https://www.econbiz.de/10010287036
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Deflationary shocks and de-anchoring of inflation expectations
Busetti, Fabio; Ferrero, Giuseppe; Gerali, Andrea; … - 2014
Persistent link: https://www.econbiz.de/10011472629
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BASEL III: long-term impact on economic performance and fluctuations
Angelini, Paolo; Clerc, Laurent; Cúrdia, Vasco; … - 2011
We assess the long-term economic impact of the new regulatory standards (the Basel III reform), answering the following questions: 1) What is the impact of the reform on longterm economic performance? 2) What is the impact of the reform on economic fluctuations? 3) What is the impact of the...
Persistent link: https://www.econbiz.de/10008935715
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Basel III : Long-Term Impact on Economic Performance and Fluctuations
Angelini, Paolo - 2011
We assess the long-term economic impact of the new regulatory standards (the Basel III reform), answering the following questions. (1) What is the impact of the reform on long-term economic performance? (2) What is the impact of the reform on economic fluctuations? (3) What is the impact of the...
Persistent link: https://www.econbiz.de/10013128530
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Basel III : Long-Term Impact on Economic Performance and Fluctuations
Angelini, Paolo - 2011
We assess the long-term economic impact of the new regulatory standards (the Basel III reform), answering the following questions: 1) What is the impact of the reform on long-term economic performance? 2) What is the impact of the reform on economic fluctuations? 3) What is the impact of the...
Persistent link: https://www.econbiz.de/10013128984
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Basel III : Long-Term Impact on Economic Performance and Fluctuations
Angelini, Paolo - 2011
We assess the long-term economic impact of the new regulatory standards (the Basel III reform), answering the following questions. (1) What is the impact of the reform on long-term economic performance? (2) What is the impact of the reform on economic fluctuations? (3) What is the impact of the...
Persistent link: https://www.econbiz.de/10013124761