New releases of Working Papers - 22 June 2023

22 June 2023

Today the Bank of Italy has released four new Working Papers (nn. 1411-1414).

Utility links

No. 1414 - Trade in services related to intangibles and the profit shifting hypothesis
Trade in services, intellectual property products, MNEs, profit shifting
No. 1413 - How costly are cartels?
competition, cartels, collusion, productivity, welfare, misallocation
No. 1412 - Quantitative easing, accounting and prudential frameworks, and bank lending
Unconventional monetary policy, bank lending channel, sovereign default premia, regulatory capital, historical cost accounting
No. 1411 - The anatomy of labor cost adjustment to demand shocks: Germany and Italy during the Great Recession
labor demand, wages, employment, flexibility