Details about Carlo Altavilla

Access statistics for papers by Carlo Altavilla.

Last updated 2023-03-16. 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 CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
   CFS Working Paper Series, Center for Financial Studies (CFS) (2021) View citations (10)
   EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2021) View citations (7)
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 (1)
5. Supply or Demand: What Drives Fluctuations in the Bank Loan Market?
   Working Paper Series, European Central Bank

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 (7)
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 (10)
8. Measuring the cost of equity of euro area banks
   Occasional Paper Series, European Central Bank View citations (3)
9. Monetary and Macroprudential Policy Complementarities: Evidence from European Credit Registers
   EconStor Preprints, ZBW - Leibniz Information Centre for Economics
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (12)
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2021)
   Working Papers, Barcelona School of Economics (2021)
   Working Paper Series, European Central Bank (2020) View citations (12)

2020

10. Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers
    EconStor Preprints, ZBW - Leibniz Information Centre for Economics View citations (10)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2020) View citations (11)
    Working Papers, Barcelona School of Economics (2019) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (9)
    Working Paper Series, European Central Bank (2020) View citations (10)
11. The Great Lockdown: pandemic response policies and bank lending conditions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (36)
    Also in Working Paper Series, European Central Bank (2020) View citations (37)

2019

12. A tale of two decades: the ECB’s monetary policy at 20
    Working Paper Series, European Central Bank View citations (82)
13. Interbank rate uncertainty and bank lending
    Working Paper Series, European Central Bank View citations (8)
14. 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 (81)
    Also in Working Paper Series, European Central Bank (2019) View citations (99)
    See also Journal Article in Journal of Financial Economics (2022)
15. Measuring Euro Area Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (232)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2019) View citations (227)
    Working Paper Series, European Central Bank (2019) View citations (233)
    CESifo Working Paper Series, CESifo (2019) View citations (235)
    See also Journal Article in Journal of Monetary Economics (2019)
16. Monetary Policy and Bank Profitability in a Low Interest Rate Environment
    Working Papers, Barcelona School of Economics View citations (2)
    Also in Working Paper Series, European Central Bank (2017) View citations (61)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2018) View citations (109)
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2017) View citations (38)
    See also Journal Article in EconStor Open Access Articles and Book Chapters (2018)
17. Monetary policy, credit institutions and the bank lending channel in the euro area
    Occasional Paper Series, European Central Bank View citations (17)

2018

18. Credit supply and demand in unconventional times
    Working Paper Series, European Central Bank View citations (22)
    See also Journal Article in Journal of Money, Credit and Banking (2021)

2017

19. Bank Exposures and Sovereign Stress Transmission
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (145)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2016) View citations (50)
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2016) View citations (50)
    Working Paper Series, European Central Bank (2016) View citations (49)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (50)
    ESRB Working Paper Series, European Systemic Risk Board (2016) View citations (49)
    See also Journal Article in Review of Finance (2017)

2016

20. Mending the broken link: heterogeneous bank lending and monetary policy pass-through
    Working Papers, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School View citations (44)
    Also in Working Paper Series, European Central Bank (2016) View citations (43)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (44)
21. The effectiveness of non-standard monetary policy measures: evidence from survey data
    Working Paper Series, European Central Bank View citations (6)
    Also in 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)
    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)
    See also Journal Article in Journal of Applied Econometrics (2017)

2015

22. Asset purchase programmes and financial markets: lessons from the euro area
    Working Paper Series, European Central Bank View citations (233)
    See also Journal Article in International Journal of Central Banking (2021)
23. Loan supply, credit markets and the euro area financial crisis
    Working Paper Series, European Central Bank View citations (26)
    See also Journal Article in Journal of Banking & Finance (2019)

2014

24. Anchoring the yield curve using survey expectations
    Working Paper Series, European Central Bank View citations (7)
    Also in CeMMAP working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies (2013) View citations (14)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (10)
    See also Journal Article in Journal of Applied Econometrics (2017)
25. Low Frequency Effects of Macroeconomic News on Government Bond Yields
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (17)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2014) View citations (11)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2014) View citations (17)
    See also Journal Article in Journal of Monetary Economics (2017)
26. The Financial and Macroeconomic Effects of OMT Announcements
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (121)
    Also in Working Paper Series, European Central Bank (2014) View citations (131)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2014) View citations (132)
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2014) View citations (127)
    See also Journal Article in International Journal of Central Banking (2016)

2013

27. Bond returns and market expectations
    CeMMAP working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies View citations (9)
    See also Journal Article in The Journal of Financial Econometrics (2014)

2011

28. 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 in Regional Studies (2013)
29. 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

30. 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)
31. Unintended Effects of National-based Active Labour Market Policies
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (2)

2008

32. 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

33. 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)
34. Information combination and forecast (st)ability evidence from vintages of time-series data
    Working Paper Series, European Central Bank View citations (10)

2006

35. 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 in LABOUR (2006)
36. 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 in Applied Economics (2010)
37. 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 in Applied Economics Letters (2008)

2005

38. Is the Discouraged Worker Effect Time-Varying?
    CELPE Discussion Papers, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy View citations (3)
39. Non-Linearities in the Relation between the Exchange Rate and its Fundamentals
    CESifo Working Paper Series, CESifo View citations (24)
    See also Journal Article in International Journal of Finance & Economics (2010)
40. 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
41. Social Learning in Market Games
    Labsi Experimental Economics Laboratory University of Siena, University of Siena View citations (1)
    See also Journal Article in Journal of Economic Behavior & Organization (2006)

2004

42. 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 in Journal of Policy Modeling (2005)
43. 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

44. 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 in International Journal of Finance & Economics (2003)

Journal Articles

2022

1. 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 (6)
   See also Working Paper (2019)

2021

2. Asset Purchase Programs and Financial Markets: Lessons from the Euro Area
   International Journal of Central Banking, 2021, 17, (70), 48 View citations (13)
   See also Working Paper (2015)
3. Credit Supply and Demand in Unconventional Times
   Journal of Money, Credit and Banking, 2021, 53, (8), 2071-2098 View citations (6)
   See also Working Paper (2018)

2020

4. How do financial markets react to monetary policy signals?
   Research Bulletin, 2020, 73 View citations (1)
5. Mending the broken link: Heterogeneous bank lending rates and monetary policy pass-through
   Journal of Monetary Economics, 2020, 110, (C), 81-98 View citations (38)

2019

6. Loan supply, credit markets and the euro area financial crisis
   Journal of Banking & Finance, 2019, 109, (C) View citations (23)
   See also Working Paper (2015)
7. Measuring euro area monetary policy
   Journal of Monetary Economics, 2019, 108, (C), 162-179 View citations (229)
   See also Working Paper (2019)

2018

8. Monetary policy and bank profitability in a low interest rate environment
   EconStor Open Access Articles and Book Chapters, 2018, 531-586 View citations (97)
   Also in Economic Policy, 2018, 33, (96), 531-586 (2018) View citations (109)
   See also Working Paper (2019)

2017

9. Anchoring the yield curve using survey expectations
   Journal of Applied Econometrics, 2017, 32, (6), 1055-1068 View citations (21)
   See also Working Paper (2014)
10. Bank Exposures and Sovereign Stress Transmission
    Review of Finance, 2017, 21, (6), 2103-2139 View citations (156)
    See also Working Paper (2017)
11. Low frequency effects of macroeconomic news on government bond yields
    Journal of Monetary Economics, 2017, 92, (C), 31-46 View citations (32)
    See also Working Paper (2014)
12. The Effectiveness of Non‐Standard Monetary Policy Measures: Evidence from Survey Data
    Journal of Applied Econometrics, 2017, 32, (5), 952-964 View citations (26)
    See also Working Paper (2016)

2016

13. The Financial and Macroeconomic Effects of the OMT Announcements
    International Journal of Central Banking, 2016, 12, (3), 29-57 View citations (97)
    See also Working Paper (2014)

2014

14. Bond Returns and Market Expectations
    The Journal of Financial Econometrics, 2014, 12, (4), 708-729 View citations (17)
    See also Working Paper (2013)

2013

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

2011

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

2010

17. Evaluating the effect of monetary policy on unemployment with alternative inflation forecasts
    Economic Modelling, 2010, 27, (1), 237-253 View citations (7)
18. Forecasting and combining competing models of exchange rate determination
    Applied Economics, 2010, 42, (27), 3455-3480 View citations (21)
    See also Working Paper (2006)
19. 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 (2005)

2009

20. 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 View citations (4)
    Also in Journal of Money, Credit and Banking, 2009, 41, (7), 1265-1300 (2009)

2008

21. 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 (2006)

2006

22. Evaluating the Dynamic Effects of Active Labour Policies in Italy
    LABOUR, 2006, 20, (2), 349-382 View citations (6)
    See also Working Paper (2006)
23. Social learning in market games
    Journal of Economic Behavior & Organization, 2006, 61, (4), 632-652 View citations (26)
    See also Working Paper (2005)

2005

24. Cross-country asymmetries in monetary policy transmission: evidence from EMU members
    International Review of Applied Economics, 2005, 19, (1), 87-106 View citations (2)
25. 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)
26. 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 (2004)

2004

27. Do EMU Members Share the Same Business Cycle?*
    Journal of Common Market Studies, 2004, 42, (5), 869-896 View citations (69)

2003

28. Assessing monetary rules performance across EMU countries
    International Journal of Finance & Economics, 2003, 8, (2), 131-151 View citations (11)
    See also Working Paper (2001)