the level of real economic activity. Furthermore, the results show that credit crunch hits the North of Italy less than …In this paper, we use Structural VAR analysis to disentangle credit demand and supply shocks and their eFFect on real … economic activity in Italy during the 2008-2014 crisis period. The three endogenous variables considered are the loan interest …

This paper introduces a major novelty: the empirical estimation of spot intraday yield curves based on tick …-by-tick data on the Italian electronic interbank credit market (e-MID). To analyze the consequences of the recent financial crisis … models for yield curves providing advantages for intraday trading on intraday interbank credit markets. Moreover, the …

This paper introduces a major novelty: the empirical estimation of spot intraday yield curves based on tick by tick … data on the Italian electronic interbank credit market (e-MID). To analyze the consequences of the recent financial crisis … models for yield curves providing advantages for intraday trading on intraday interbank credit markets. Moreover, the …

This paper introduces a major novelty: the empirical estimation of spot intraday yield curves based on tick …-by-tick data on the Italian electronic interbank credit market (e-MID). To analyze the consequences of the recent financial crisis … models for yield curves providing advantages for intraday trading on intraday interbank credit markets. Moreover, the …

The US credit boom has been identified as one of the causes of the global financial crisis and the resulting debt … overhang is seen as the primary reason for the weak economic recovery. Most of the existing literature links the credit boom to … non-financial private sector had been originated by shadow banks. Consequently, dampening credit creation by the …

In the wake of the 2008-09 financial crisis, a number of European OECD countries introduced credit mediation schemes …, as a new, often temporary mechanism to help ease access to finance by SMEs. This report investigates the nature of credit … mediation and credit review schemes implemented in selected countries (i.e. Belgium, France, Germany, Ireland and Spain) in the …