New releases of Working Papers and Occasional Papers of the Bank of Italy - 3 May 2017

3 May 2017

Today the Bank of Italy has released seven new Working papers (No. 1108-1114) and two new Occasional Papers (No. 377-378).

Utility links

No. 1114 - Assessing the risks of asset overvaluation: models and challenges
stock risk premium, bond risk premium, fundamental value, under-/over-valuation
No. 1113 - Liquidity transformation and financial stability: evidence from the cash management of open-end Italian mutual funds
liquidity transformation, open-end mutual funds, financial stability
No. 1112 - Local labour market heterogeneity in Italy: estimates and simulations using responses to labour demand shocks
local labour markets, labour demand, shocks
No. 1111 - Public guarantees on loans to SMEs: an RDD evaluation
credit guarantees, public guarantees, access to credit, SMEs financing
No. 1110 - Services trade and credit frictions: evidence from matched bank-firm data
trade in services, credit frictions, bank-firm relationships
No. 1109 - Bank lending in uncertain times
uncertainty, credit supply, bank lending channel, loan applications
No. 1108 - Lending organization and credit supply during the 2008-09 crisis
banking organization, lending techniques, financial crisis, bank heterogeneity
No. 378 - The teachers' merry-go-round: job insecurity and staff turnover over the last 2 years
teacher mobility, teacher turnover
No. 377 - Refugees and asylum seekers in Italy and in the EU
asylum seekers, illegal entries, reception system