Details about Carlo Altavilla

Access statistics for papers by Carlo Altavilla.

Last updated 2023-10-08. Update your information in the RePEc Author Service.

Short-id: pal73

Working Papers

2022

1. Bank bond holdings and bail-in regulatory changes: evidence from euro area security registers
   Working Paper Series, European Central Bank
2. Loan Guarantees, Bank Lending and Credit Risk Reallocation
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (3)
   Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2021) View citations (19)
   EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2021) View citations (9)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
3. Money Markets and Bank Lending: Evidence from the Tiering Adoption
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
4. Money markets and bank lending: evidence from the adoption of tiering
   Working Paper Series, European Central Bank View citations (3)
5. Supply or Demand: What Drives Fluctuations in the Bank Loan Market?
   Working Paper Series, European Central Bank View citations (2)

2021

6. Assessing the efficacy, efficiency and potential side effects of the ECB’s monetary policy instruments since 2014
   Occasional Paper Series, European Central Bank View citations (9)
7. Combining negative rates, forward guidance and asset purchases: identification and impacts of the ECB’s unconventional policies
   Working Paper Series, European Central Bank View citations (15)
8. Measuring the cost of equity of euro area banks
   Occasional Paper Series, European Central Bank View citations (10)
9. Monetary and Macroprudential Policy Complementarities: Evidence from European Credit Registers
   EconStor Preprints, ZBW - Leibniz Information Centre for Economics
   Also in Working Papers, Barcelona School of Economics (2021)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (22)
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2021)
   Working Paper Series, European Central Bank (2020) View citations (22)
10. The role of financial stability considerations in monetary policy and the interaction with macroprudential policy in the euro area
    Occasional Paper Series, European Central Bank View citations (2)

2020

11. Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers
    EconStor Preprints, ZBW - Leibniz Information Centre for Economics View citations (13)
    Also in Working Papers, Barcelona School of Economics (2019) View citations (4)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (12)
    Working Paper Series, European Central Bank (2020) View citations (13)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2020) View citations (14)
12. The Great Lockdown: pandemic response policies and bank lending conditions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (46)
    Also in Working Paper Series, European Central Bank (2020) View citations (47)
    See also Journal Article The Great Lockdown: Pandemic response policies and bank lending conditions, European Economic Review, Elsevier (2023) View citations (8) (2023)

2019

13. A tale of two decades: the ECB’s monetary policy at 20
    Working Paper Series, European Central Bank View citations (88)
14. Interbank rate uncertainty and bank lending
    Working Paper Series, European Central Bank View citations (10)
15. Is There a Zero Lower Bound? The Effects of Negative Policy Rates on Banks and Firms
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (84)
    Also in Working Paper Series, European Central Bank (2019) View citations (102)
    See also Journal Article Is there a zero lower bound? The effects of negative policy rates on banks and firms, Journal of Financial Economics, Elsevier (2022) View citations (25) (2022)
16. Measuring Euro Area Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (327)
    Also in Working Paper Series, European Central Bank (2019) View citations (327)
    CESifo Working Paper Series, CESifo (2019) View citations (329)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2019) View citations (322)
    See also Journal Article Measuring euro area monetary policy, Journal of Monetary Economics, Elsevier (2019) View citations (264) (2019)
17. Monetary Policy and Bank Profitability in a Low Interest Rate Environment
    Working Papers, Barcelona School of Economics View citations (2)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2017) View citations (43)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2018) View citations (143)
    Working Paper Series, European Central Bank (2017) View citations (66)
    See also Journal Article Monetary policy and bank profitability in a low interest rate environment, Economic Policy, CEPR, CESifo, Sciences Po (2018) View citations (141) (2018)
18. Monetary policy, credit institutions and the bank lending channel in the euro area
    Occasional Paper Series, European Central Bank View citations (23)

2018

19. Credit supply and demand in unconventional times
    Working Paper Series, European Central Bank View citations (22)
    See also Journal Article Credit Supply and Demand in Unconventional Times, Journal of Money, Credit and Banking, Blackwell Publishing (2021) View citations (13) (2021)

2017

20. Bank Exposures and Sovereign Stress Transmission
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (162)
    Also in EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2016) View citations (51)
    ESRB Working Paper Series, European Systemic Risk Board (2016) View citations (51)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2016) View citations (52)
    Working Paper Series, European Central Bank (2016) View citations (51)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (52)
    See also Journal Article Bank Exposures and Sovereign Stress Transmission, Review of Finance, European Finance Association (2017) View citations (173) (2017)

2016

21. Mending the broken link: heterogeneous bank lending and monetary policy pass-through
    Working Paper Series, European Central Bank View citations (44)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (45)
22. The effectiveness of non-standard monetary policy measures: evidence from survey data
    Working Paper Series, European Central Bank View citations (6)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (20)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2014) View citations (24)
    Staff Reports, Federal Reserve Bank of New York (2015) View citations (1)
    Working Papers CASMEF, Dipartimento di Economia e Finanza, LUISS Guido Carli (2014) View citations (12)
    See also Journal Article The Effectiveness of Non‐Standard Monetary Policy Measures: Evidence from Survey Data, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2017) View citations (28) (2017)

2015

23. Asset purchase programmes and financial markets: lessons from the euro area
    Working Paper Series, European Central Bank View citations (244)
    See also Journal Article Asset Purchase Programs and Financial Markets: Lessons from the Euro Area, International Journal of Central Banking, International Journal of Central Banking (2021) View citations (32) (2021)
24. Loan supply, credit markets and the euro area financial crisis
    Working Paper Series, European Central Bank View citations (26)
    See also Journal Article Loan supply, credit markets and the euro area financial crisis, Journal of Banking & Finance, Elsevier (2019) View citations (31) (2019)

2014

25. Anchoring the yield curve using survey expectations
    Working Paper Series, European Central Bank View citations (7)
    Also in CeMMAP working papers, Institute for Fiscal Studies (2013)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (10)
    CeMMAP working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies (2013) View citations (14)
    See also Journal Article Anchoring the yield curve using survey expectations, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2017) View citations (27) (2017)
26. Low Frequency Effects of Macroeconomic News on Government Bond Yields
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (15)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2014) View citations (18)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2014) View citations (18)
    See also Journal Article Low frequency effects of macroeconomic news on government bond yields, Journal of Monetary Economics, Elsevier (2017) View citations (41) (2017)
27. The Financial and Macroeconomic Effects of OMT Announcements
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (124)
    Also in Working Paper Series, European Central Bank (2014) View citations (134)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2014) View citations (135)
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2014) View citations (131)
    See also Journal Article The Financial and Macroeconomic Effects of the OMT Announcements, International Journal of Central Banking, International Journal of Central Banking (2016) View citations (110) (2016)

2013

28. Bond returns and market expectations
    CeMMAP working papers, Institute for Fiscal Studies
    Also in CeMMAP working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies (2013) View citations (9)
    See also Journal Article Bond Returns and Market Expectations, Journal of Financial Econometrics, Oxford University Press (2014) View citations (18) (2014)

2011

29. Asymmetric Effects of National-based Active Labour Market Policies
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (3)
    See also Journal Article Asymmetric Effects of National-based Active Labour Market Policies, Regional Studies, Taylor & Francis Journals (2013) View citations (13) (2013)
30. Monetary Policy Analysis in Real-Time. Vintage Combination from a Real-Time Dataset
    CESifo Working Paper Series, CESifo View citations (5)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2011) View citations (5)

2009

31. The Effects of Monetary Policy on Unemployment Dynamics Under Model Uncertainty. Evidence from the US and the Euro Area
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (4)
    Also in CESifo Working Paper Series, CESifo (2009) View citations (8)
    Working Paper Series, European Central Bank (2009) View citations (8)
32. Unintended Effects of National-based Active Labour Market Policies
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (2)

2008

33. Inflation models, optimal monetary policy and uncertain unemployment dynamics: Evidence from the US and the euro area
    Discussion Papers, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy

2007

34. Inflation Forecasts, Monetary Policy and Unemployment Dynamics: Evidence from the US and the Euro area
    2007 Meeting Papers, Society for Economic Dynamics View citations (11)
    Also in Working Paper Series, European Central Bank (2007) View citations (14)
    Discussion Papers, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy (2006) View citations (1)
35. Information combination and forecast (st)ability evidence from vintages of time-series data
    Working Paper Series, European Central Bank View citations (11)

2006

36. Evaluating the Dynamic Effects of Active Labour Policies in Italy
    Discussion Papers, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy View citations (6)
    See also Journal Article Evaluating the Dynamic Effects of Active Labour Policies in Italy, LABOUR, CEIS (2006) View citations (6) (2006)
37. Forecasting and Combining Competing Models of Exchange Rate Determination
    CESifo Working Paper Series, CESifo View citations (4)
    Also in Discussion Papers, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy (2006) View citations (8)
    See also Journal Article Forecasting and combining competing models of exchange rate determination, Applied Economics, Taylor & Francis Journals (2010) View citations (21) (2010)
38. The (Un-) Stable Relationship between The Exchange rate and its Fundamentals
    Discussion Papers, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy View citations (1)
    See also Journal Article The (UN-) stable relationship between the exchange rate and its fundamentals, Applied Economics Letters, Taylor & Francis Journals (2008) View citations (5) (2008)

2005

39. Is the Discouraged Worker Effect Time-Varying?
    CELPE Discussion Papers, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy View citations (3)
40. Non-Linearities in the Relation between the Exchange Rate and its Fundamentals
    CESifo Working Paper Series, CESifo View citations (24)
    See also Journal Article Non-linearities in the relation between the exchange rate and its fundamentals, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2010) View citations (20) (2010)
41. ON THE NON-LINEAR DYNAMICS BETWEEN EMPLOYMENT AND LABOUR FORCE PARTICIPATION
    Working Papers, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy
42. Social Learning in Market Games
    Labsi Experimental Economics Laboratory University of Siena, University of Siena View citations (1)
    See also Journal Article Social learning in market games, Journal of Economic Behavior & Organization, Elsevier (2006) View citations (28) (2006)

2004

43. EVALUATING THE EFFECTS OF WORKING HOURS ON EMPLOYMENT AND WAGES
    Working Papers, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy View citations (1)
    See also Journal Article Evaluating the effects of working hours on employment and wages, Journal of Policy Modeling, Elsevier (2005) View citations (4) (2005)
44. Evaluating Asimmetries in Active Labour Policies: The Case of Italy
    CELPE Discussion Papers, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy View citations (3)

2001

45. Assessing Monetary Rules Performance across EMU Countries
    International Economics Working Papers Series, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, International Economics View citations (3)
    See also Journal Article Assessing monetary rules performance across EMU countries, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2003) View citations (11) (2003)

Journal Articles

2023

1. The Great Lockdown: Pandemic response policies and bank lending conditions
   European Economic Review, 2023, 156, (C) View citations (8)
   See also Working Paper The Great Lockdown: pandemic response policies and bank lending conditions, CEPR Discussion Papers (2020) View citations (46) (2020)

2022

2. Is there a zero lower bound? The effects of negative policy rates on banks and firms
   Journal of Financial Economics, 2022, 144, (3), 885-907 View citations (25)
   See also Working Paper Is There a Zero Lower Bound? The Effects of Negative Policy Rates on Banks and Firms, CEPR Discussion Papers (2019) View citations (84) (2019)

2021

3. Asset Purchase Programs and Financial Markets: Lessons from the Euro Area
   International Journal of Central Banking, 2021, 17, (70), 48 View citations (32)
   See also Working Paper Asset purchase programmes and financial markets: lessons from the euro area, Working Paper Series (2015) View citations (244) (2015)
4. Credit Supply and Demand in Unconventional Times
   Journal of Money, Credit and Banking, 2021, 53, (8), 2071-2098 View citations (13)
   See also Working Paper Credit supply and demand in unconventional times, Working Paper Series (2018) View citations (22) (2018)

2020

5. How do financial markets react to monetary policy signals?
   Research Bulletin, 2020, 73 View citations (2)
6. Mending the broken link: Heterogeneous bank lending rates and monetary policy pass-through
   Journal of Monetary Economics, 2020, 110, (C), 81-98 View citations (54)

2019

7. Loan supply, credit markets and the euro area financial crisis
   Journal of Banking & Finance, 2019, 109, (C) View citations (31)
   See also Working Paper Loan supply, credit markets and the euro area financial crisis, Working Paper Series (2015) View citations (26) (2015)
8. Measuring euro area monetary policy
   Journal of Monetary Economics, 2019, 108, (C), 162-179 View citations (264)
   See also Working Paper Measuring Euro Area Monetary Policy, CEPR Discussion Papers (2019) View citations (327) (2019)

2018

9. Monetary policy and bank profitability in a low interest rate environment
   Economic Policy, 2018, 33, (96), 531-586 View citations (141)
   Also in EconStor Open Access Articles and Book Chapters, 2018, 33, (96), 531-586 (2018) View citations (129)
   See also Working Paper Monetary Policy and Bank Profitability in a Low Interest Rate Environment, Working Papers (2019) View citations (2) (2019)

2017

10. Anchoring the yield curve using survey expectations
    Journal of Applied Econometrics, 2017, 32, (6), 1055-1068 View citations (27)
    See also Working Paper Anchoring the yield curve using survey expectations, Working Paper Series (2014) View citations (7) (2014)
11. Bank Exposures and Sovereign Stress Transmission
    Review of Finance, 2017, 21, (6), 2103-2139 View citations (173)
    See also Working Paper Bank Exposures and Sovereign Stress Transmission, CSEF Working Papers (2017) View citations (162) (2017)
12. Low frequency effects of macroeconomic news on government bond yields
    Journal of Monetary Economics, 2017, 92, (C), 31-46 View citations (41)
    See also Working Paper Low Frequency Effects of Macroeconomic News on Government Bond Yields, CSEF Working Papers (2014) View citations (15) (2014)
13. The Effectiveness of Non‐Standard Monetary Policy Measures: Evidence from Survey Data
    Journal of Applied Econometrics, 2017, 32, (5), 952-964 View citations (28)
    See also Working Paper The effectiveness of non-standard monetary policy measures: evidence from survey data, Working Paper Series (2016) View citations (6) (2016)

2016

14. The Financial and Macroeconomic Effects of the OMT Announcements
    International Journal of Central Banking, 2016, 12, (3), 29-57 View citations (110)
    See also Working Paper The Financial and Macroeconomic Effects of OMT Announcements, CEPR Discussion Papers (2014) View citations (124) (2014)

2014

15. Bond Returns and Market Expectations
    Journal of Financial Econometrics, 2014, 12, (4), 708-729 View citations (18)
    See also Working Paper Bond returns and market expectations, CeMMAP working papers (2013) (2013)

2013

16. Asymmetric Effects of National-based Active Labour Market Policies
    Regional Studies, 2013, 47, (9), 1482-1506 View citations (13)
    See also Working Paper Asymmetric Effects of National-based Active Labour Market Policies, CSEF Working Papers (2011) View citations (3) (2011)

2011

17. Non-linear dynamics of real wages over the business cycle
    Journal of Applied Economics, 2011, 14, 81-99 View citations (1)

2010

18. Evaluating the effect of monetary policy on unemployment with alternative inflation forecasts
    Economic Modelling, 2010, 27, (1), 237-253 View citations (7)
19. Forecasting and combining competing models of exchange rate determination
    Applied Economics, 2010, 42, (27), 3455-3480 View citations (21)
    See also Working Paper Forecasting and Combining Competing Models of Exchange Rate Determination, CESifo Working Paper Series (2006) View citations (4) (2006)
20. Non-linearities in the relation between the exchange rate and its fundamentals
    International Journal of Finance & Economics, 2010, 15, (1), 1-21 View citations (20)
    See also Working Paper Non-Linearities in the Relation between the Exchange Rate and its Fundamentals, CESifo Working Paper Series (2005) View citations (24) (2005)

2009

21. The Effects of Monetary Policy on Unemployment Dynamics under Model Uncertainty: Evidence from the United States and the Euro Area
    Journal of Money, Credit and Banking, 2009, 41, (7), 1265-1300
    Also in Journal of Money, Credit and Banking, 2009, 41, (7), 1265-1300 (2009) View citations (4)

2008

22. The (UN-) stable relationship between the exchange rate and its fundamentals
    Applied Economics Letters, 2008, 15, (7), 539-544 View citations (5)
    See also Working Paper The (Un-) Stable Relationship between The Exchange rate and its Fundamentals, Discussion Papers (2006) View citations (1) (2006)

2006

23. Evaluating the Dynamic Effects of Active Labour Policies in Italy
    LABOUR, 2006, 20, (2), 349-382 View citations (6)
    See also Working Paper Evaluating the Dynamic Effects of Active Labour Policies in Italy, Discussion Papers (2006) View citations (6) (2006)
24. Social learning in market games
    Journal of Economic Behavior & Organization, 2006, 61, (4), 632-652 View citations (28)
    See also Working Paper Social Learning in Market Games, Labsi Experimental Economics Laboratory University of Siena (2005) View citations (1) (2005)

2005

25. Cross-country asymmetries in monetary policy transmission: evidence from EMU members
    International Review of Applied Economics, 2005, 19, (1), 87-106 View citations (2)
26. Do central banks act asymmetrically? Empirical evidence from the ECB and the Bank of England
    Applied Economics, 2005, 37, (5), 507-519 View citations (17)
27. Evaluating the effects of working hours on employment and wages
    Journal of Policy Modeling, 2005, 27, (6), 647-664 View citations (4)
    See also Working Paper EVALUATING THE EFFECTS OF WORKING HOURS ON EMPLOYMENT AND WAGES, Working Papers (2004) View citations (1) (2004)

2004

28. Do EMU Members Share the Same Business Cycle?*
    Journal of Common Market Studies, 2004, 42, (5), 869-896 View citations (76)

2003

29. Assessing monetary rules performance across EMU countries
    International Journal of Finance & Economics, 2003, 8, (2), 131-151 View citations (11)
    See also Working Paper Assessing Monetary Rules Performance across EMU Countries, International Economics Working Papers Series (2001) View citations (3) (2001)