New releases of Working papers of the Bank of Italy - 13 July 2016

13 July 2016

Today the Bank of Italy has released eight new Working papers (No. 1070-1077).

Utility links

No. 1077 - A "Reverse Robin Hood"? The distributional implications of non-standard monetary policy for Italian households
monetary policy, interest rates, policy effects, inequality
No. 1076 - Intergovernmental transfers and expenditure arrears
local public finance, fiscal consolidation, fiscal rules, instrumental variables
No. 1075 - Quantifying the productivity effects of global sourcing
productivity growth, global sourcing, global value chains
No. 1074 - Macroeconomic effectiveness of non-standard monetary policy and early exit
A model-based evaluation

DSGE models, open-economy macroeconomics, non-standard monetary policy, zero lower bound
No. 1073 - Search costs and the severity of adverse selection
dynamic adverse selection, decentralized markets, search theory, time on market observability
No. 1072 - Bank quality, judicial efficiency and borrower runs: loan repayment delays in Italy
bank lending, financial distress
No. 1071 - Boulevard of broken dreams. The end of the EU funding (1997: Abruzzi, Italy)
EU cohesion policy, regional growth, synthetic control method
No. 1070 - Some reflections on the social welfare bases of the measurement of global income inequality
global income inequality, global social welfare, European Union inequality