Journal of
Italian
Banking
Association

year 100
 

Archive » March 2013

March 2013

The current phenomenon of credit crunch is due to various causes, butnot to a supposed banks' willingness to limit liquidity circulation. It could be useful to define – through a reengineering process...
We perform an empirical analysis to identify the main factors driving the liquidity of corporate and government bonds both in ordinary times and in times of market turmoil

Long run implications of «substantially heightened» bank capital requirements

Vincenzo Chiorazzo, Pierluigi Morelli, Giovanni Battista Pittaluga
This paper contributes to the literature on the effects of changes in bank capital requirements in three ways: first, introducing the notion of (capital ratio) stabilizing Return on Assets...
A special stamp tax has been introduced in Italy on financial assets declared on the basis of provisions regulating the «Scudo Fiscale» (Tax Shield Act)
Italian banks are required by the new regulatory provisions on internal controls to evaluate their risk tolerance and risk appetite
The ability of the traditional media to capture the attention and to influence, at least in the short term, individuals awareness of financial events is still relevant