Banca d'Italia
Profit shifting via intragroup lending quantified in Italy
A Banca d'Italia working paper quantifies profit shifting by multinational groups through intragroup lending.
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Critical mineral shortages impact euro area green transition
A Banca d'Italia working paper analyzes the macroeconomic impact of critical mineral shortages on the euro area.
Deposit market power dampens monetary policy transmission
A new Banca d'Italia working paper reveals that banks' deposit market power and deposit funding significantly muted the pass-through from ECB policy rates to overnight deposit rates during the 2022-23 tightening cycle.
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Asset safety switches: macroeconomic consequences
A Banca d'Italia working paper develops a model-based definition of time-varying sovereign bond safety and applies it empirically.
Recessions curb student aspirations for higher education
Banca d'Italia researchers find that economic downturns significantly reduce students' aspirations for tertiary education.
Composite indicator quantifies Italian financial cycle risk
A Banca d'Italia paper proposes a composite indicator for systemic risk related to the Italian financial cycle.
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R&D subsidies boost firm survival in Southern Italy
A Banca d'Italia working paper finds regional R&D subsidies in Southern Italy increased firm survival and intangible asset investments.
New method estimates household income bounds timely
Banca d'Italia researchers propose a novel set identification approach to produce timely estimates of average household income.
Angelini: DLT potential needs central bank money for safety
Paolo Angelini, Deputy Governor of the Bank of Italy, discussed the future of digital finance, expressing skepticism about fully decentralized DLTs.
Middle East conflict darkens global, Italian outlook
The Banca d'Italia's latest Economic Bulletin highlights a worsening global and Italian economic outlook due to the Middle East conflict.
International tourism microdata for 2025 now available
Banca d'Italia has released the microdata for its 2025 international tourism survey, making it available for in-depth quantitative analyses.
Panetta pushes World Bank Group on reform agenda
Fabio Panetta, Governor of the Bank of Italy, addressed the 113th Meeting of the Development Committee in Washington, DC, on April 16, 2026.