Temi di discussione (Economic working papers)

From Bank of Italy, Economic Research and International Relations Area
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886: Immigration, jobs and employment protection: evidence from Europe before and during the Great Recession

Francesco D'Amuri and Giovanni Peri

885: Parties, institutions and political budget cycles at the municipal level

Marika Cioffi, Giovanna Messina and Pietro Tommasino

884: Collaboration between firms and universities in Italy: the role of a firm�s proximity to top-rated departments

Davide Fantino, Alessandra Mori and Diego Scalise

883: Learning, incomplete contracts and export dynamics: theory and evidence from French firms

Romain Aeberhardt, Ines Buono and Harald Fadinger

882: An empirical comparison of alternative credit default swap pricing models

Michele Leonardo Bianchi

881: On detecting end-of-sample instabilities

Fabio Busetti

880: The micro dynamics of exporting: evidence from French firms

Ines Buono and Harald Fadinger

879: Industry dynamics and competition from low-wage countries: evidence on Italy

Stefano Federico

878: Do food commodity prices have asymmetric effects on Euro-Area inflation?

Mario Porqueddu and Fabrizio Venditti

877: Exporters and importers of services: firm-level evidence on Italy

Stefano Federico and Enrico Tosti

876: Banks� reactions to Basel-III

Paolo Angelini and Andrea Gerali

875: Family background, self-confidence and economic outcomes

Antonio Filippin and Marco Paccagnella

874: Evidence on the impact of R&D and ICT investment on innovation and productivity in Italian firms

Bronwyn Hall, Francesca Lotti and Jacques Mairesse

873: Euro area and global oil shocks: an empirical model-based analysis

Lorenzo Forni, Andrea Gerali, Alessandro Notarpietro and Massimiliano Pisani

872: Selecting predictors by using Bayesian model averaging in bridge models

Lorenzo Bencivelli, Massimiliano Marcellino and Gianluca Moretti

871: Capital destruction, jobless recoveries, and the discipline device role of unemployment

Marianna Riggi

870: To misreport or not to report? The measurement of household financial wealth

Andrea Neri and Maria Giovanna Ranalli

869: Network effects of public transport infrastructure: evidence on Italian regions

Valter Di Giacinto, Giacinto Micucci and Pasqualino Montanaro

868: The economic costs of organized crime: evidence from southern Italy

Paolo Pinotti

867: Disinflation effects in a medium-scale New Keynesian model: money supply rule versus interest rate rule

Guido Ascari and Tiziano Ropele

866: Don't stand so close to me: the urban impact of immigration

Antonio Accetturo, Francesco Manaresi, Sauro Mocetti and Elisabetta Olivieri

865: Corporate geography in multi-plant firms

Rita Cappariello, Stefano Federico and Roberta Zizza

864: Measuring the underground economy with the currency demand approach: a reinterpretation of the methodology, with an application to Italy

Guerino Ardizzi, Carmelo Petraglia, Massimiliano Piacenza and Gilberto Turati

863: House price cycles in emerging economies

Alessio Ciarlone

862: Does gender matter for public spending? Empirical evidence from Italian municipalities

Massimiliano Rigon and Giulia Martina Tanzi

861: Monetary policy and the flow of funds in the euro area

Riccardo Bonci

860: The effects of unemployment benefits in Italy: evidence from an institutional change

Alfonso Rosolia and Paolo Sestito

859: Optimal fiscal policy when agents fear government default

Francesco Caprioli, Pietro Rizza and Pietro Tommasino

858: Economic (in)stability under monetary targeting

Luca Sessa

857: Modelling loans to non-financial corporations in the euro area

Christoffer Kok, David Marqu�s Ib��ez and Carlotta Rossi

856: Optimal dynamic public communication

Marcello Miccoli

855: Trade openness and international fragmentation of production in the European Union: the new divide?

Paolo Guerrieri and Filippo Vergara Caffarelli

854: Entry dynamics as a solution to the puzzling behaviour of real marginal costs in the Ghironi-Melitz model

Alberto Felettigh

853: Forecasting world output: the rising importance of emerging economies

Alessandro Borin, Riccardo Cristadoro, Roberto Golinelli and Giuseppe Parigi

852: Statistical models for measuring job satisfaction

Romina Gambacorta and Maria Iannario

851: The impact of monetary policy shocks on commodity prices

Alessio Anzuini, Marco Lombardi and Patrizio Pagano

850: Mapping local productivity advantages in Italy: industrial districts, cities or both?

Valter Di Giacinto, Matteo Gomellini, Giacinto Micucci and Marcello Pagnini

849: The role of financial investments in agricultural commodity derivatives markets

Alessandro Borin and Virginia Di Nino

848: Bank balance sheets and the transmission of financial shocks to borrowers: evidence from the 2007-2008 crisis

Emilia Bonaccorsi di Patti and Enrico Sette

847: Forecasting economic activity with higher frequency targeted predictors

Guido Bulligan, Massimiliano Marcellino and Fabrizio Venditti

846: Welcome to the machine: firms' reaction to low-skilled immigration

Antonio Accetturo, Matteo Bugamelli and Andrea Lamorgese

845: Do wealth fluctuations generate time-varying risk aversion? Italian micro-evidence on household asset allocation

Giuseppe Cappelletti

844: How sticky are local expenditures in Italy? Assessing the relevance of the �flypaper effect� through municipal data

Elena Gennari and Giovanna Messina

843: Wealth effects in emerging economies

Alessio Ciarlone

842: Expected inflation and inflation risk premium in the euro area and in the United States

Marcello Pericoli

841: Real term structure and inflation compensation in the euro area

Marcello Pericoli

840: Ranking, risk-taking and effort: an analysis of the ECB's foreign reserves management

Antonio Scalia and Benjamin Sahel

839: The effects of fiscal shocks with debt-stabilizing budgetary policies in Italy

Francesco Caprioli and Sandro Momigliano

838: Households' savings in China

Riccardo Cristadoro and Daniela Marconi

837: The effects of financial and real wealth on consumption: new evidence from OECD countries

Riccardo De Bonis and Andrea Silvestrini