Journal of
Italian
Banking
Association

year 100
 

Archive » November 2020

November 2020

The sharp rise of savings in Italy, up to 20% of disposable income, could consolidate in the second wave of the pandemic. Over the past 12 months ...

Financial Reporting Quality and the Cost of Debt in Italian Central-Northern and Southern Smes

Pietro Fera, Antonio Meles, Nicola Moscariello, Dario Salerno
This paper investigates the relationship between financial reporting quality and the cost of debt on a sample of Italian Smes during the 2012-2017 period ...

Banks, business models and Open Banking: which interpretation of Psd2

Stefano Cosma, Francesco Pattarin, Daniela Pennetta
According to Psd2, banks are required to open up access to customers’ account data to authorized third parties. In order to comply with the new legislation ...
In his recent Rimini speech, former Ecb president Mario Draghi makes several interesting suggestions, which could help Italy and Europe to face the Covid crisis ...
In his recent Rimini speech, former Ecb president Mario Draghi makes several interesting policy remarks, from which we can draw suggestions on how post-Covid ...
The Italian regulation of Individual saving plans (Pir) has significantly changed in 2020, in order to convey savings towards the real economy and stimulate investments ...

The impact of Asset Encumbrance on banks' Systemic risk: an empirical analysis

Fabrizio Cipollini, Lorenzo Gai, Federica Ielasi, Francesca Querci
The paper investigates the risks on financial stability connected to the level of banks’ asset encumbrance (Ae). To conduct this study, a panel regression analysis ...
The 2020 Nobel Prize for Economic Sciences has been jointly awarded to Prof. Paul Milgrom and Prof. Robert Wilson «for improvements to auction theory ...