comovement increases when credit embodies public bonds held by banks, i.e., bank financing to the public sector …

cycle comovement increases when credit embodies public bonds held by banks, a bank financing to the public sector. However …, in the post ]WWII era, this financial backup to the public side of the economy has occurred at the expense of bank …

., 2017), we analyze the linkage between banking crises and the business cycle in Italy over the last two centuries. The vast … literature on banking crises in Italy is dominated by the narrative approach. In this work we aim to advance the argument one …

., 2017), we analyze the linkage between banking crises and the business cycle in Italy over the last two centuries. The vast … literature on banking crises in Italy is dominated by the narrative approach. In this work we aim to advance the argument one …

paper is to examine the patterns of the main items of bank's balance sheets, such as deposits, capital and reserves, bonds … savings, State ownership of banks, and bank interest rates is also studied …

the time series approach (Trehan and Walsh, 1988). In this paper we analyze the sustainability of public debt in Italy … public debt in Italy following the approach proposed both by Trehan and Walsh (1988, 1991) and Bohn (1991). -- intertemporal …

Bank of Italy and Baffigi, 2011) and an original reconstruction of the revenues of the State. The key economic indicators …The aim of this paper is to analyze the sustainability of public debt in Italy during the last 150 years (1861-2010) by …. (2011), we test for the sustainability of public debt in Italy, comparing four different historical periods. -- public debt …

the time series approach (Trehan and Walsh, 1988). In this paper we analyze the sustainability of public debt in Italy … public debt in Italy following the approach proposed both by Trehan and Walsh (1988, 1991) and Bohn (1991) …