New releases of Working Papers - 16 March 2021

16 March 2021

Today the Bank of Italy has released six new Working Papers (nn. 1321-1326).

Utility links

No. 1326 - Financial structure and bank relationships of Italian multinational firms
multinational companies, foreign direct investment, financial structure, bank-firm relationships.
No. 1325 - Foreclosures and house prices
house prices, foreclosures, neighborhood effects
No. 1324 - Modelling and forecasting macroeconomic downside risk
business cycle, financial conditions, downside risk, skewness, score driven models
No. 1323 - Unconventional monetary policies and expectations on economic variables
unconventional monetary policy, local projections, non-linearities
No. 1322 - Judicial efficiency and bank credit to firms
judicial efficiency, creditor rights, loan contractual terms, spatial discontinuity approach
No. 1321 - The power of text-based indicators in forecasting the Italian economic activity
forecasting, text mining, sentiment, economic policy uncertainty, big data, BMA