New releases of Working Papers and Occasional Papers of the Bank of Italy - 11 October 2023

11 October 2023

Today the Bank of Italy has released five new Working papers (nn.1421-1425) and three new Occasional Papers (nn. 813-815).

Utility links

No. 1425 - Drivers of large recessions and monetary policy responses
COVID-19, crisi finanziaria globale, grande blocco, politica monetaria, utilizzo del capitale
No. 1424 - Subsidizing business entry in competitive credit markets
firm dynamics, overborrowing, ratchet effect
No. 1423 - The short and medium term effects of full-day schooling on learning and maternal labor supply
school hours, female labor supply, selection into treatment, students' learning
No. 1422 - Decomposing the monetary policy multiplier
monetary policy, credit spreads, local projections, Kitagawa decomposition
No. 1421 - The effects of the pandemic on households' financial savings: a Bayesian structural VAR analysis
households' financial savings, COVID-19, outliers, time-varying VAR
No. 815 - Out of the ELB: expected ECB policy rates and the Taylor Rule
monetary policy rules, expectations, ECB’s survey of monetary analysts, effective lower bound
No. 814 - Loquacity and visible emotion: ChatGPT as a policy advisor
large language models, generative artificial intelligence, ChatGPT
No. 813 - Global supply chain bottlenecks and exporter performance: evidence from Italy
GVCs, production bottlenecks, exports