The purpose is to show how financial accounts may be used in a wide range of fields. Financial accounts, produced for Italy by the Banca d'Italia, cover all financial transactions and financial balance sheet positions of households, non-financial corporations, financial corporations and general government, as well as their relations with the rest of the world.
Conference 'How Financial Systems Work: Evidence from Financial Accounts'Rome, 30 November - 1 December 2017
Programme
- Final programmepdf 57.8 KB Publish date::24 November 2017
Opening Remarks
- Conference 'How Financial Systems Work: Evidence from Financial Accounts'. Opening remarks by Luigi Federico Signorinipdf 283.5 KB Publish date::30 November 2017
- Macro modelling and the financial accounts: the household sector (testo in inglese)pdf 786.3 KB Prof. John Muellbauer, Nuffield College, Oxford Publish date::07 December 2017
Session 1
- Firms' financial surpluses in advanced economies: the role of net foreign direct investmentspdf 646.1 KB Tatiana Cesaroni, Riccardo De Bonis and Luigi Infante (Bank of Italy)) Publish date::07 December 2017
- Firms' financial surpluses in advanced economies: the role of net foreign direct investmentspdf 114.1 KB Discussant: Giuseppe De Arcangelis (Sapienza Università di Roma) Publish date::07 December 2017
- The Italian capital stock through the lenses of financial accountspdf 142.5 KB Alfonso Rosolia (Bank of Italy) Publish date::07 December 2017
- Italy’s firm and household investment: the role of credit constraints and other macro factorspdf 2.0 MB Claire Giordano, Marco Marinucci and Andrea Silvestrini (Bank of Italy) Publish date::07 December 2017
- Italy’s firm and household investment: A commentpdf 133.6 KB Discussant: Marcello Messori (LUISS) Publish date::07 December 2017
Session 2
- Balance sheet approach and low data availabilitypdf 565.0 KB Gabriel Quiros and Giovanni Ugazio, Deputy Director of the International Monetary Fund's Statistics Department Publish date::07 December 2017
- The flow of funds in a who-to-whom framework: balance - sheet interlinkages and propagation of quantity shockspdf 1.4 MB Celestino Giron, Antonio Matas Mir and Marta Rodriguez-Vives (European Central Bank) Publish date::07 December 2017
- The flow of funds in a who-to-whom framework: balance-sheet interlinkages and propagation of quantity shockspdf 1.2 MB Discussant: Daniele Fano, Fondazione Associazione industriale bresciana Publish date::07 December 2017
- Household and business debt in the United States: how is it measured and what do we learn from itpdf 736.0 KB Marco Cagetti (Federal Reserve Board, Washington) Publish date::07 December 2017
- Household and business debt in the United Statespdf 120.9 KB Discussant: Silvia Magri (Bank of Italy) Publish date::07 December 2017
- Financial accounts and monetary and economic analysis at the ECBpdf 1.1 MB Mika Tujula and Giovanni Vitale (European Central Bank) Publish date::07 December 2017
- Financial accounts and monetary and economic analysis at the ECBpdf 229.7 KB Discussant: Bruno Tissot (Bank for International Settlements) Publish date::07 December 2017
- A dynamic model of financial balances for the United Kingdompdf 483.9 KB Stephen Burgess, Oliver Burrows, Antoine Godin, Stephen Kinsella and Stephen Millard (Bank of England) Publish date::07 December 2017
- A dynamic model of financial balances for the United Kingdompdf 552.1 KB Discussant: Stefano Neri (Bank of Italy) Publish date::07 December 2017
- The business and national accounting: an analysis on the missing linkspdf 1.1 MB Luigi Infante and Gabriele Semeraro (Bank of Italy) Publish date::07 December 2017
- The business and national accounting: an analysis on the missing linkspdf 117.8 KB Discussant: Michael Andreasch (Central Bank of Austria) Publish date::07 December 2017
Session 3
- Income and wealth of euro area households in times of ultra-loose monetary policy. Stylized facts from new national and financial accountspdf 845.4 KB data - Manuel Rupprecht (FH Munster, University of Applied Sciences) Publish date::07 December 2017
- Income and wealth of euro area households in times of ultra-loose monetary policypdf 935.3 KB Discussant: Bernhard Winkler (European Central Bank) Publish date::07 December 2017
- A first look at the links between aggregate household wealth and some macroeconomic variablespdf 526.5 KB Riccardo De Bonis and Marco Marinucci, Bank of Italy Publish date::07 December 2017
- A first look at the links between aggregate household wealth and some macroeconomic variablespdf 313.4 KB Discussant: Monica Paiella (Università di Napoli Parthenope) Publish date::07 December 2017
- Final destination of household financial wealth in the large euro area economiespdf 637.1 KB Jeanne Pavot (Banque de France) Publish date::07 December 2017
- The concentration of personal wealth in Italy: 1995 - 2013pdf 1.8 MB Paolo Acciari, Facundo Alvaredo and Salvatore Morelli (The Graduate Center, City University of New York - CUNY) Publish date::07 December 2017
- The concentration of personal wealth in Italy: 1995 - 2013pdf 387.2 KB Discussant: Giovanni Vecchi (Università di Tor Vergata, Roma) Publish date::07 December 2017
- Understanding financial accountspdf 1.2 MB Peter van de Ven - Head of National Accounts (OECD) Publish date::07 December 2017
- Final remarkspdf 66.1 KB Luigi Cannari, Bank of Italy Publish date::14 December 2017
