The objective of this study is to enhance the understanding of inflation targeting tools, which can aid in the development of effective inflation targeting policies in the context of global trends exposure. The current paradigm of sustainable economic development is being challenged by the...

Economic growth is ardently emphasized as a requisite underpinning not only for improving individual income, the standard of living, and a society's infrastructure, but also to attain equitable distribution of necessities, critical resources, and public goods such as education, healthcare, and...

The dissemination of news reports and communication is inherently constrained by limitations in space, time, and attention. Consequently, news sources often base their decision to share information on the congruence between the signal and the pre-existing beliefs of the audience, leading to a...

German and European banks have demonstrated remarkable resilience amidst episodes of stress within global markets in March 2023. Recent reports indicate a notable increase in bank profits, alongside stable capital and liquidity ratios. Since the global financial crisis, regulatory measures have...

Following a period of subdued consumer price changes, inflation has recently surged to levels that are significantly impacting the behavior of households and firms. Although the underlying sources of inflation differ across major advanced economies, central banks have progressively tightened...

This study explores the impact of financial innovation on economic growth with a unique focus on its detrimental effects. Using data from 164 countries for 1990 to 2017, the paper uses panel OLS regression model with an exhaustive set of variables to conduct the base analysis while GMM is used...

This study presents compelling experimental evidence indicating that the core intertemporal choice anomalies, encompassing extreme short-run impatience, present bias, hyperbolicity, and transitivity violations, are primarily attributable to complexity rather than time or risk preferences....

The efficient functioning of financial markets heavily relies on the seamless flow of information, enabling optimal capital allocation. To safeguard against conflicts of interest that may hinder such information flows, the concept of information governance encompasses a comprehensive framework...

La versione italiana di questo documento è disponibile al seguente link: https://ssrn.com/abstract=3663335The present Report analyses the economic impact of the Covid-19 pandemic as of the first semester of 2020 both in the domestic and in the international framework. Some analysis are updated...

Economic theory, as well as commonly-stated views of practitioners, suggests that market downturns can affect both the ability and manner in which firms raise external financing. Theory suggests that downturns should be associated with a shift toward less information-sensitive securities, as...