BDI
Paper
Inheritance expectations drive Italian household spending, debt
A Banca d'Italia (BDI) working paper finds that Italian households expecting an inheritance consume more, save less, and take on more consumer debt.
AI Paper Curation
BIS
Paper
Auto loan default sensitivity to unemployment declines sharply
A Federal Reserve Bank of Cleveland working paper published in July 2026 reveals persistent instability in the sensitivity of auto loan defaults to unemployment.
BIS
Paper
Demand shocks generate endogenous uncertainty over business cycle
A Federal Reserve working paper examines how consumer credit shocks drive endogenous uncertainty and amplify business cycles.
BIS
Paper
LCR buffers enable banks to maintain credit during stress
A Federal Reserve working paper shows that banks with higher regulatory liquidity buffers provided significantly more credit during the March 2020 COVID-19 stress.
BOJ
Paper
Asian central bank forums step up cooperation on regional risks
A Bank of Japan review published in July 2026 examines the evolving role of regional frameworks EMEAP and ASEAN+3. The paper highlights their growing importance in addressing geoeconomic fragmentation, supply chain shifts, and emerging financial stability risks.
BDI
Paper
BDI
Paper
Italian MPCs declined post-Covid, employment shifts weigh on aggregate
A Banca d'Italia paper finds Italy's marginal propensity to consume (MPC) declined in the post-Covid recovery, driven by employment growth concentrated in low-MPC households.
BDI
Paper
Excess savings alter business cycle, dampen monetary policy
A Banca d'Italia Occasional Paper reveals that the stock of excess savings significantly alters the propagation of macroeconomic shocks.
BDI
Paper
Population ageing impacts EU portfolio choices, Italian risk exposure
A Banca d'Italia Occasional Paper investigates population ageing's impact on household portfolio choices in Italy, France, Germany, and Spain.
BDI
Paper
Demographic shifts reshape Italian household spending
A Banca d'Italia paper reveals that demographic changes significantly impacted Italian household consumption between 1997 and 2023.
BDI
Paper
China's EV dominance fragments global auto markets post-pandemic
A Banca d'Italia paper analyzes the global automotive sector's post-pandemic transformation, revealing China's dominance in electric vehicles and increasing market fragmentation.
BDI
Paper
Judicial inefficiency delays bankruptcy, fosters zombie firms
A Banca d'Italia Occasional Paper finds that judicial inefficiency significantly reduces the likelihood and timing of bankruptcy filings.