Questioni di Economia e Finanza (Occasional Papers)

From Bank of Italy, Economic Research and International Relations Area
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316: The �Concordato preventivo� in Italian corporate bankruptcy law: a policy evaluation

Claudio Castelli, Giacinto Micucci, Giacomo Rodano and Guido Romano

315: With (more than) a little help from my bank. Loan-to-value ratios and access to mortgages in Italy

Danilo Liberati and Valerio Vacca

314: The tax burden on banks over the period 2006-2014

Giacomo Ricotti, Marco Burroni, Vincenzo Cuciniello, Elena Padovani, Elena Pisano and Stefania Zotteri

313: Local policies for innovation: the case of technology districts in Italy

Federica Bertamino, Raffaello Bronzini, Marco De Maggio and Davide Revelli

312: Internal controls in the Public Administration: current problems and future challenges

Anna Peta

311: The management of non-performing loans: a survey among the main Italian banks

Luisa Carpinelli, Giuseppe Cascarino, Silvia Giacomelli and Valerio Vacca

310: Incentives and evaluation of public managers in Italy

Roberta Occhilupo and Lucia Rizzica

309: E-Government in Italy: current issues and future perspectives

Carlo Maria Arpaia, Pasquale Ferro, Walter Giuzio, Giorgio Ivaldi and Daniela Monacelli

308: The debt of Italian non-financial firms: an international comparison

Antonio De Socio and Paolo Finaldi Russo

307: Investment and investment financing in Italy: some evidence at the macro level

Claire Giordano, Marco Marinucci and Andrea Silvestrini

306: Euro area significant banks: main differences and recent performance

Emilia Bonaccorsi di Patti, Roberto Felici and Federico Signoretti

305: Determinants of the movements in the euro-dollar exchange rate during the sovereign debt crisis

Alessio Anzuini, Martina Cecioni and Stefano Neri

304: Value Chains and the Great Recession: Evidence from Italian and German Firms

Antonio Accetturo and Anna Giunta

303: Heterogeneous Fall in Productive Capacity in Italian Industry during the 2008-13 Double-Dip Recession

Andrea Locatelli, Libero Monteforte and Giordano Zevi

302: An inquiry into manufacturing capacity in Italy after the double-dip recession

Libero Monteforte and Giordano Zevi

301: How does multinational production affect the measurement of competitiveness?

Stefano Federico

300: Prudential policy at times of stagnation: a view from the trenches

Piergiorgio Alessandri and Fabio Panetta

299: Finance and creative destruction: evidence for Italy

Francesca Lotti and Francesco Manaresi

298: Net employment growth by firm size and age in Italy

Francesco Manaresi

297: Why do firms hire on a fixed-term basis? Evidence from longitudinal data

Fabrizio Colonna and Giulia Giupponi

296: The big oil glut: U.S. shale revolution and OPEC countermoves

Riccardo Cristadoro, Virginia Di Nino and Laura Painelli

295: Trade debts of Italian general government: an unsolved problem

Leandro D�Aurizio, Domenico Depalo, Sandro Momigliano and Emilio Vadal�

294: Crime and public procurement, evidence from municipalities

Giuseppe Albanese, Federico Antellini Russo and Roberto Zampino

293: Modelling Italian firms� financial vulnerability

Antonio De Socio and Valentina Michelangeli

292: Measuring the performance of local governments: evidence from mystery calls

Silvia Giacomelli and Marco Tonello

291: Financial support from the family network during the crisis

Laura Bartiloro and Cristiana Rampazzi

290: The growth of the service sector and demand for services

Eliana Viviano

289: Wages and prices in Italy during the crisis: the firms� perspective

Francesco D�Amuri, Silvia Fabiani, Roberto Sabbatini, Raffaele Tartaglia Polcini, Fabrizio Venditti, Eliana Viviano and Roberta Zizza

288: The statistics on poverty and the new World Bank goals of poverty eradication and shared prosperity

Riccardo Settimo

287: On the response of Italian wages to the unemployment rate

Alfonso Rosolia

286: Risk-adjusted expectations of inflation

Marco Casiraghi and Marcello Miccoli

285: Red tape reduction and firm entry: evidence from an Italian reform

Monica Amici, Silvia Giacomelli, Francesco Manaresi and Marco Tonello

284: Trading processing for goods:a different view from the past on Italian trade flows?

Ludovico Bracci, Silvia Fabiani and Alberto Felettigh

283: Investment Dynamics in Italy: Financing Constraints, Demand and Uncertainty

Steve Bond, Giacomo Rodano and Nicolas Serrano-Velarde

282: Deindustrialization and tertiarization: structural changes in North West Italy

Antonio Accetturo, Luciana Aimone, Enrico Beretta, Silvia Camussi, Luigi Cannari, Daniele Coin, Laura Conti, Roberto Cullino, Alessandro Fabbrini, Cristina Fabrizi, Giovanni Iuzzolino, Alessandra Mori, Elisabetta Olivieri, Andrea Orame, Anna Laura Mancini, Elena Mattevi, Paolo Piselli, Davide Revelli, Paola Rossi, Diego Scalise, Alessandra Staderini, Giulia Martina Tanzi and Valerio Vacca

281: �The phenomenal CAT�: firms clawing the goods of others

Virginia Di Nino

280: Reassessing Price-Competitiveness Indicators of the Four Largest Euro-Area Countries and of their Main Trading Partners

Alberto Felettigh, Claire Giordano, Giacomo Oddo and Valentina Romano

279: The impact of lower oil prices on energy expenditure and economic activity

Ivan Faiella and Alessandro Mistretta

278: A note on the implementation of the countercyclical capital buffer in Italy

Piergiorgio Alessandri, Pierluigi Bologna, Roberta Fiori and Enrico Sette

277: Gold as a safe haven asset? Empirical evidence from a comparison of different financial assets

Franco Panfili, Francesco Daini, Francesco Potente and Giuseppe Reale

276: Main drivers of the recent decline in Italy�s non-construction investment

Fabio Busetti, Claire Giordano and Giordano Zevi

275: Changing prices... changing times: evidence for Italy

Silvia Fabiani and Mario Porqueddu

274: Deflation expectations and Japan's lost decade

Roberto Piazza

273: How the time of interviews affects estimates of income and wealth

Giovanni D�Alessio and Stefano Iezzi

272: Income and wealth sample estimates consistent with macro aggregates: some experiments

Giovanni D'Alessio and Andrea Neri

271: Macroprudential policies: a discussion of the main issues

Paolo Angelini

270: The Eurosystem�s asset purchase programmes for monetary policy purposes

Pietro Cova and Giuseppe Ferrero

269: First-time corporate bond issuers in Italy

Matteo Accornero, Paolo Finaldi Russo, Giovanni Guazzarotti and Valentina Nigro

268: Is deflation good or bad? Just mind the inflation gap

Marco Casiraghi and Giuseppe Ferrero

267: Italian students� performance in the PISA digital test

Pasqualino Montanaro and Paolo Sestito