Details about Paolo Vitale

Access statistics for papers by Paolo Vitale.

Last updated 2023-12-05. Update your information in the RePEc Author Service.

Short-id: pvi103

Working Papers

2021

1. The currency that came in from the cold - Capital controls and the information content of order flow
   Economics, Department of Economics, Central bank of Iceland View citations (1)
   See also Journal Article The currency that came in from the cold: Capital controls and the information content of order flow, Journal of International Money and Finance, Elsevier (2023) (2023)

2019

2. Uncertainty and Risk-aversion in a Dynamic Oligopoly with Sticky Prices
   ETA: Economic Theory and Applications, Fondazione Eni Enrico Mattei (FEEM)
   Also in Working Papers, Fondazione Eni Enrico Mattei (2019)

2015

3. Carry Trades, Order Flow and the Forward Bias Puzzle
   Working Papers, Queen Mary University of London, School of Economics and Finance View citations (1)
   See also Journal Article Carry Trades, Order Flow, and the Forward Bias Puzzle, Journal of Money, Credit and Banking, Blackwell Publishing (2016) View citations (21) (2016)

2014

4. Optimal Climate Policy for a Pessimistic Social Planner
   Working Papers, Fondazione Eni Enrico Mattei View citations (1)
   Also in Climate Change and Sustainable Development, Fondazione Eni Enrico Mattei (FEEM) (2014)
   See also Journal Article Optimal Climate Policy for a Pessimistic Social Planner, Environmental & Resource Economics, Springer (2019) View citations (3) (2019)

2013

5. Pessimistic optimal choice for risk-averse agents
   Working Papers CASMEF, Dipartimento di Economia e Finanza, LUISS Guido Carli View citations (1)

2012

6. Linear Risk-averse Optimal Control Problems: Applications in Economics and Finance
   Working Papers CASMEF, Dipartimento di Economia e Finanza, LUISS Guido Carli View citations (1)

2010

7. A Transaction Data Study of the Forward Bias Puzzle
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
   Also in Working Paper, Norges Bank (2010) View citations (7)

2007

8. Optimal Informed Trading in the Foreign Exchange Market
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
   See also Journal Article Optimal informed trading in the foreign exchange market, The European Journal of Finance, Taylor & Francis Journals (2012) View citations (1) (2012)

2006

9. A Critical Appraisal of Recent Developments in the Analysis of Foreign Exchange Intervention
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
10. A Market Microstructure Analysis of Foreign Exchange Intervention
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in Working Paper Series, European Central Bank (2006) View citations (11)

2004

11. A Guided Tour of the Market Microstructure Approach to Exchange Rate Determination
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article A GUIDED TOUR OF THE MARKET MICROSTRUCTURE APPROACH TO EXCHANGE RATE DETERMINATION, Journal of Economic Surveys, Wiley Blackwell (2007) View citations (16) (2007)
12. An Empirical Study of Liquidity and Information Effects of Order Flow on Exchange Rates
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (30)
    Also in Working Paper Series, European Central Bank (2004) View citations (21)

2002

13. EQUILIBRIUM EXCHANGE RATE POLICIES: COMPLICIT RENEGOTIATION-PROOF OUTCOMES
    Computing in Economics and Finance 2002, Society for Computational Economics
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001)
    Working Papers, HAL (2002)

2001

14. A Transaction Level Study of the Effects of Central Bank Intervention of Exchange Rates
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    Also in FMG Discussion Papers, Financial Markets Group (2001) View citations (7)
    See also Journal Article A transaction level study of the effects of central bank intervention on exchange rates, Journal of International Economics, Elsevier (2003) View citations (91) (2003)
15. Foreign Exchange Intervention, Policy Objectives and Macroeconomic Stability
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
16. Foreign exchange intervention and macroeconomic stability
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library

1997

17. Speculative Noise Trading and Manipulation in the Foreign Exchange Market
    Economics Working Papers, European University Institute
    See also Journal Article Speculative noise trading and manipulation in the foreign exchange market, Journal of International Money and Finance, Elsevier (2000) View citations (27) (2000)

1995

18. Information Flows in the Foreign Exchange Markets
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (4)
19. Reserve Cycles
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
20. Risk-Averse Traders with Inside Information
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (2)

Journal Articles

2023

1. The currency that came in from the cold: Capital controls and the information content of order flow
   Journal of International Money and Finance, 2023, 138, (C)
   See also Working Paper The currency that came in from the cold - Capital controls and the information content of order flow, Economics (2021) View citations (1) (2021)

2022

2. A Dynamic Oligopoly with Price Stickiness and Risk-Averse Agents
   Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, 2022, 8, (3), 697-718

2019

3. Optimal Climate Policy for a Pessimistic Social Planner
   Environmental & Resource Economics, 2019, 72, (2), 411-443 View citations (3)
   See also Working Paper Optimal Climate Policy for a Pessimistic Social Planner, Working Papers (2014) View citations (1) (2014)

2018

4. Optimal monetary policy for a pessimistic central bank
   Journal of Macroeconomics, 2018, 58, (C), 39-59
5. Robust trading for ambiguity-averse insiders
   Journal of Banking & Finance, 2018, 90, (C), 113-130 View citations (2)

2017

6. Ambiguity-aversion in a Single Auction Market
   Economics Bulletin, 2017, 37, (3), 1745-1752
7. Insider trading in sequential auction markets with risk-aversion and time-discounting
   The European Journal of Finance, 2017, 23, (14), 1267-1279
8. Pessimistic Optimal Choice for Risk-Averse Agents: The Continuous-Time Limit
   Computational Economics, 2017, 49, (1), 17-65 View citations (5)

2016

9. Carry Trades, Order Flow, and the Forward Bias Puzzle
   Journal of Money, Credit and Banking, 2016, 48, (6), 1113-1134 View citations (21)
   See also Working Paper Carry Trades, Order Flow and the Forward Bias Puzzle, Working Papers (2015) View citations (1) (2015)

2012

10. Optimal informed trading in the foreign exchange market
    The European Journal of Finance, 2012, 18, (10), 989-1013 View citations (1)
    See also Working Paper Optimal Informed Trading in the Foreign Exchange Market, CEPR Discussion Papers (2007) View citations (2) (2007)
11. Risk-averse insider trading in multi-asset sequential auction markets
    Economics Letters, 2012, 117, (3), 673-675 View citations (7)

2011

12. The impact of FX intervention on FX markets: a market microstructure analysis
    International Journal of Finance & Economics, 2011, 16, (1), 41-62 View citations (4)

2010

13. An empirical study of portfolio-balance and information effects of order flow on exchange rates
    Journal of International Money and Finance, 2010, 29, (3), 504-524 View citations (43)

2007

14. A GUIDED TOUR OF THE MARKET MICROSTRUCTURE APPROACH TO EXCHANGE RATE DETERMINATION
    Journal of Economic Surveys, 2007, 21, (5), 903-934 View citations (16)
    See also Working Paper A Guided Tour of the Market Microstructure Approach to Exchange Rate Determination, CEPR Discussion Papers (2004) View citations (6) (2004)
15. An assessment of some open issues in the analysis of foreign exchange intervention
    International Journal of Finance & Economics, 2007, 12, (2), 155-170 View citations (11)

2003

16. A transaction level study of the effects of central bank intervention on exchange rates
    Journal of International Economics, 2003, 61, (2), 331-352 View citations (91)
    See also Working Paper A Transaction Level Study of the Effects of Central Bank Intervention of Exchange Rates, CEPR Discussion Papers (2001) View citations (7) (2001)
17. Foreign exchange intervention: how to signal policy objectives and stabilise the economy
    Journal of Monetary Economics, 2003, 50, (4), 841-870 View citations (30)

2001

18. Inflation and Sovereign Default
    IMF Staff Papers, 2001, 47, (3), 4 View citations (2)

2000

19. Speculative noise trading and manipulation in the foreign exchange market
    Journal of International Money and Finance, 2000, 19, (5), 689-712 View citations (27)
    See also Working Paper Speculative Noise Trading and Manipulation in the Foreign Exchange Market, Economics Working Papers (1997) (1997)

1999

20. Sterilised central bank intervention in the foreign exchange market
    Journal of International Economics, 1999, 49, (2), 245-267 View citations (105)

1998

21. Reserve and exchange rate cycles
    Journal of International Economics, 1998, 46, (1), 31-59 View citations (3)
22. Two months in the life of several gilt-edged market makers on the London Stock Exchange
    Journal of International Financial Markets, Institutions and Money, 1998, 8, (3-4), 299-324 View citations (13)

Chapters

1996

1. Interdealer Trade and Information Flows in a Decentralized Foreign Exchange Market
   A chapter in The Microstructure of Foreign Exchange Markets, 1996, pp 73-106 View citations (25)