WP 2025/01 - Financial Development, Financial Specialization, and Trade (R. Minetti, P. Murro, N. Rowe)

WP 2025/02 - Out of sight, out of mind? Global value chains and credit allocation in bad times (R. Minetti, P. Murro, V. Peruzzi)

WP 2025/01 - Financial Development, Financial Specialization, and Trade (R. Minetti, P. Murro, N. Rowe)

WP 2025/02 - Out of sight, out of mind? Global value chains and credit allocation in bad times (R. Minetti, P. Murro, V. Peruzzi)

WP 2024/05 – Real Effects of Bank Shocks (V. Sharma)

WP 2024/04 - Banking development and the economic impact of natural disasters: from short to long term effects (V. Peruzzi, P. Murro, M. Alessi)

WP 2024/03 – Credit shocks, lending relationships and economic activity (V. Sharma)

WP 2024/02 - Sustainable Mutual Funds through the COVID-19. Evidence from fixed income flows to Euro Area (A. Cagnazzo)

WP 2024/01 - Open innovation in family-owned firms Valentina Peruzzi∗

WP 2023/07 - SMEs and the Going Public Challenge    

WP 2023/06 - State-dependent Effects of Loan-To-Value (V. Sharma)

WP 2023/05 - Shocks to the Lending Standards and the Macroeconomy (V. Sharma)

WP 2023/04 - Collateral Shocks, Lending Relationships and Economic Dynamics (V. Sharma)

WP 2023/03 - Previdenza complementare e consulenza finanziaria: la sfida dei nuovi scenari demografici e del ricambio generazionale (D. Curcio, G. Di Giorgio, G. Zito)

WP 2023/02 - Unconventional Policy and Idiosyncratic Risk (S. Nisticò, M. Seccareccia)

WP 2023/02 - Unconventional Policy and Idiosyncratic Risk (S. Nisticò, M. Seccareccia)

WP 2022/01 - Marine Charlotte, André and Guido Traficante "Forward Guidance in Small Open Economies"

WP 2020/08 - Marine Charlotte, André and Guido Traficante "Forward Guidance in Small Open Economies"

WP 2020/07 - Jacopo Bonchi and Francesco Simone Lucidi "Asset Price Bubbles with Low Interest Rates: Not All Bubbles are Likely"

WP 2020/06 - Pierluigi Murro and Valentina Peruzzi "Relationship lending and the use of trade credit: the role of relational capital and private information"

WP 2020/05 - Nicola Borri and Giorgio Di Giorgio "Systemic Risk and the COVID Challenge in the European Banking Sector"

WP 2020/04 - Stefano Marzioni, Alessandro Pandimiglio e Marco Spallone "Come può il settore del tabacco contribuire alla fase di ripartenza?"

WP 2020/03 - Qingqing Cao, Paolo Giordani, Raoul Minetti and Pierluigi Murro “Credit Markets, Reletionship Banking, and Firm Entry”

WP 2020/02 - Maurizio Iacopetta, Raoul Minetti and Pierluigi Murro “Growing through Spinoffs: Corporate Governance and Firm Entry”

WP 2020/01 - Pierpaolo Benigno and Salvatore Nisticò “The Economics Of Helicopter Money”

WP 2019/04 - Luca Bellardini, Pierluigi Murro and Daniele Previtali “The risk weighted ownership index: an ex-ante measure of banks' risk and performance”

WP 2019/03 - Roberto Angelo Lener “A view on recent corporate spin-offs in advanced economies”

WP 2019/02 - Raoul Minetti, Pierluigi Murro and Valentina Peruzzi "Not all banks are equal. Cooperative banking and income inequality"

WP 2019/01 - Alberto Cagnazzo "Market-timing performance of mutual fund investors in emerging markets"

WP 2018/04 - Raoul Minetti, Pierluigi Murro and Valentina Peruzzi "Cooperative banks and income inequality: Evidence from Italian provinces"

WP 2018/03 - Andrea Mc Namara, Pierluigi Murro and Sheila O'Donohoe "Lending Infrastructure and Credit Rationing of European SMEs"

WP 2017/09 - Chiara Guerello, Pina Murè, Natasha Rovo and Marco Spallone "Is there a regulatory trade-off between stability and performance? Evidence from Italian banks."

WP 2017/08 - Giorgio Di Giorgio and Guido Traficante "Fiscal Shocks and Helicopter Money in Open Economy"

WP 2017/07 - Natasha Rovo "Markets Structure and Secular Stagnation"

WP 2017/06 - Michael W. Brandt, Federico Nucera and Giorgio Valente "Can hedge funds time the market?"

WP 2017/05 - Stefano Marzioni and Guido Traficante "Learning with uncertain inflation traget"

WP 2017/04 - Chiara Guerello, Marco Tronzano "Global factors, international spillovers, and term structure of interest rates: new evidence for asias countries"

WP 2017/03 - Nicola Borri "Local Currency Risk"

WP 2017/02 - Chiara Guerello, Pina Murè and Marco Spallone "Italian Banking Supervision under the SSM principles: an analysis of the sanctioning activity"

WP 2017/01 - Paolo Vitale "Robust Trading for Ambiguity-averse Insiders"

WP 2016/05 - Ugo Zannini "Monetary policy, liquidity, and consumption inequality: a comment on Williamson (2012)"

WP 2016/04 - Vincenzo Formisano, Carmen Gallucci, Michele Modina and Filomena Pietrovito "The bank-firm relationship in default prediction models. An analysis on a sample of Italian firms."

WP 2016/03 - Massimo Arnone, Massimo Mucciardi and Ferdinando Ofria "The impact of criminality on the riskiness of cooperative credit banks in Italy: a macro regional approach"

WP 2016/02 - Raoul Minetti, Pierluigi Murro, Zeno Rotondi and Susan Zhu "Financial Constraints Firms Supply Chains and Internationalization"

WP 2016/01 - Giorgio Di Giorgio, Salvatore Nisticò and Guido Traficante "Government Spending and the Exchange Rate"

WP 2015/09 - Valerio Scalone "Estimating Non-Linear DSGEs with the Approximate Bayesian Computation: an application to the Zero Lower Bound"

WP 2015/08 - Giovanna Paladino and Zeno Rotondi "Stressing the European Banks: an Evaluation of the Comprehensive Assessment"

WP 2015/07 - Federico Nucera "Unemployment fluctuations and the predictability of currency returns"

WP 2015/06 - Domenico Curcio and Giorgio Di Giorgio "L'intermediazione assicurativa tra nuove regole e compliance"

WP 2015/05 - Jacopo Carmassi, Domenico Curcio and Giorgio Di Giorgio "Financial regulation and supervision in Europe: emerging trends, costs and effectiveness"

WP 2015/04 - Rosa Cocozza, Domenico Curcio and Igor Gianfrancesco "Estimating banks’ interest rate risk in the banking book: beyond the drawbacks of the current regulatory framework"

WP 2015/03 - Nicola Borri and Alberto Cagnazzo "Chasing Stock Market Returns"

WP 2015/02 - Alexandra D'Onofrio and Giuseppe Maggio "Does foreign aid fuel trust?"

WP 2015/01 - Nicola Borri "Risk premia in long-duration sovereign bonds"

WP 2014/11 - Giulio Cifarelli and Giovanna Paladino"One size does not fit all. A non-linear analysis of European monetary transmission"

WP 2014/10 - Junghwan Hyun and Raoul Minetti"Credit reallocation, deleveraging and financial crises"

WP 2014/09 - Maurizio Iacopetta, Raoul Minetti and Pietro F. Peretto "Financial markets, industry dynamics and growth"

WP 2014/08 - Paolo Vitale "Optimal monetary policy for a pessimistic central bank"

WP 2014/07 - Bernardino Quattrociocchi , Pina Murè e Luca Pasqualino "La valutazione del merito creditizio per le reti d’impresa"

WP 2014/06 - Carlo Altavilla and Domenico Giannone "The effectiveness of non-standard monetary policy measures: evidence from survey data"

WP 2014/05 - Clemens J. M. Kool and Daniel L. Thornton "How effective is central bank forward guidance?"

WP 2014/04 - Pierluigi Balduzzi, Emanuele Brancati and Fabio Schiantarelli "Financial Markets, Banks’ Cost of Funding, and Firms’ Decisions: Lessons from Two Crises"

WP 2014/03 - Emanuele Brancati "Innovation, financial constraints and relationship lending: firm-level evidence in times of crisis"

WP 2014/02 - Gerald P. Dwyer "The Economics of Private Digital Currency"

WP 2014/01 - Giorgio Di Giorgio, Salvatore Nisticò and Guido Traficante "Fiscal shocks and the exchange rate"

WP 2014/10 - Junghwan Hyun and Raoul Minetti"Credit reallocation, deleveraging and financial crises"

WP 2013/09 - Giuseppina Mure' "Le Sanzioni amministrative per le banche italiane: effetti sulle performance (Prima Parte)"

WP 2013/08 - Francesco Minnetti "Banche locali e Pmi nel mercato del credito: dalla crisi un forte impulso per rivedere la relazione in chiave evoluzionistica"

WP 2013/07 - Alexandra D'Onofrio, Pierluigi Murro "Local banking development and income distribution across Italian provinces"

WP 2013/06 - Paolo Vitale: "Pessimistic Optimal Choice for Risk-averse Agents"

WP 2013/05 - Giorgio Di Giorgio, Guido Traficante: "La trasmissione della politica monetaria unica e gli effetti sulle banche locali"

WP 2013/04 - Luca Papi, Andrea F. Presbitero, Alberto Zazzaro: "IMF Lending and Banking Crises"

WP 2013/03 - Andrea Bellucci, Alexander Borisov, Alberto Zazzaro: "Do Banks Price Discriminate Spatially? Evidence from Small Business Lending in Local Credit Markets"

WP 2013/02 - Raoul Minetti, Pierluigi Murro, Susan Chun Zhu: "Family Firms, Corporate Governance, and Export"

WP 2013/01 - Michael Donadelli: "On the Dynamics of Industrial Stock Market Excess Returns"

WP 2012/13 - Enrico Cervellati, Filippo Parrella, Marco Spallone: "Una proposta di revisione dei questionari per la profilatura della clientela"

WP 2012/12 - Francesca Bartoli, Giovanni Ferri, Pierluigi Murro, Zeno Rotondi: "SME Financing and the Choice of Lending Technology in Italy: Complementarity or Substitutability?"

WP 2012/11 - Nicola Borri, Marianna Caccavaio, Giorgio Di Giorgio and Alberto Maria Sorrentino: "Systemic Risk in the European Banking Sector"

WP 2012/10 - Angela Cipollone and Paolo E. Giordani: "Animal Spirits in Entrepreneurial Innovation: Theory and Evidence"

WP 2012/09 - Mohamed Azzim Gulamhussen, Carlos Pinheiro and Alberto Franco Pozzolo: "Were Multinational Banks Taking Excessive Risks Before the Recent Financial Crisis?"

WP 2012/08 - Francesco Nucci and Alberto Franco Pozzolo: "Exchange Rate, External Orientation of Firms and Wage Adjustment"

WP 2012/07 - Giovanni Ferri and Pierluigi Murro: "Do Firm-Bank "Odd Couples" Exacerbate Credit Rationing?"

WP 2012/06 - Mario Comana, Domenico Curcio, Michael Donadelli and Daniele Frigeri: "Il collocamento e la distribuzione dei prodotti finanziari in Europa"

WP 2012/05 - Gaia Barone: "Equity options, credit default swaps e leverage: un semplice modello a volatilita' stocastica per i derivati azionari e creditizi"

WP 2012/04 - Luis Araujo and Raoul Minetti: "Credit Crunches, Asset Prices and Technological Change"

WP 2012/03 - Paolo Vitale: "Linear Risk-Averse Optimal Control Problems: Applications in Economics and Finance"

WP 2012/02 - Marianna Caccavaio, Jacopo Carmassi, Giorgio Di Giorgio and Marco Spallone: "SMEs and the Challenge to Go Public: Evidence From a Recent Survey"

WP 2012/01 - Michael Donadelli and Lorenzo Prosperi: "The Equity Risk Premium: Empirical Evidence From Emerging Markets"

WP 2011/08 - Alessandro Pandimiglio, Marco Spallone: "L'Elasticità della Domanda nel Mercato dei Giochi in Italia: Inquadramento Generale e Analisi dei Casi del Lotto e del Superenalotto"

WP 2011/07 - Salvatore Nisticò: "Optimal Monetary Policy and Stock-Price Dynamics in a non-Ricardian DSGE Model"

WP 2011/06 - Alessandro Pandimiglio, Marco Spallone and Stefano Marzioni: "Analisi dell'Elasticità della Domanda nel Mercato dei Tabacchi Lavorati in Italia"

WP 2011/05 - Nicola Borri and Filippo Russo: "I Debiti Sovrani nell'Area Euro: Implicazioni per la Gestione e la Distribuzione dei Prodotti di Risparmio"

WP 2011/04 - Giorgio Di Giorgio and Guido Traficante: "The Loss From Uncertainty on Policy Tragets"

WP 2011/03 - Alberto Casagrande and Marco Spallone: "An Investigation Over the Strategic Implications of Environmental Monitoring"

WP 2011/02 - Stefano Marzioni: "Monetary Policy, Liquidity Stress and Learning Dynamics"

WP 2011/01 - Giorgio Di Giorgio and Salvatore Nisticò: "Productivity Shocks, Stabilization Policies and the Dynamics of Net Foreign Assets"