New releases of Working Papers and Occasional Papers of the Bank of Italy - 23 December 2020

23 December 2020

Today the Bank of Italy has released three new Working Papers (nn. 1311-1313) and four new Occasional Papers (nn. 590-593).

Utility links

No. 1313 - The COVID-19 shock and a fiscal-monetary policy mix in a monetary union
monetary policy, fiscal policy, effective lower bound
No. 1312 - Scars of youth non-employment and labour market conditions
non-employment, labor market conditions, instrumental variables
No. 1311 - Equity tail risk in the treasury bond market
bond return predictability, equity tail risk, bond risk premium, flight-to-safety, affine term structure model
No. 593 - Alternative measures of underlying inflation in the euro area
Core inflation, disaggregate consumer prices, dynamic factor model, Phillips curve
No. 592 - Thus spoke the Bank of Italy's Governors: an analysis of the language corpus of the Concluding Remarks, 1946-2018
linguistic analysis, economic history, text mining, Bank of Italy, Concluding remarks
No. 591 - A game changer in payment habits: evidence from daily data during a pandemic
COVID-19 pandemic, cash, payment habits, unconventional data
No. 590 - Firm undercapitalization in Italy: business crisis and survival before and after COVID-19
firm undercapitalization, equity deficit, early warning, impact of COVID-19 on Italian corporations