Italian Observatory on Financial Innovation for Public Administration Efficiency
The Observatory is aimed at fostering scientific collaboration between Research Center for Monetary and Financial Studies “Mario Arcelli” (CASMEF) and the Municipality of Rome to study innovative financial solutions designed to improve the efficient procurement and allocation of resources within public administrations.
Team
-

Marco Spallone
Activies and publications
The “Activities and Publications” section is currently under development and will be progressively updated with the outcomes of the Observatory’s research activities.
The section will include reports, working papers, empirical analyses, thematic studies, datasets, outreach materials, and scientific contributions related to innovative financial solutions for public administration.
-
Financial development, financial specialization, and trade
-
Real effects of bank shocks
-
Banking development and the economic impact of natural disasters: From short to long term effects
-
Credit shocks, lending relationships and economic activity
-
State-dependent effects of loan-to-value shocks
-
Collateral shocks, lending relationships and economic dynamics
-
Shocks to the lending standards and the macroeconomy
-
We Forward Guidance in Small Open Economy
-
Asset Price Bubbles with Low Interest Rates: Not All Bubbles Are Likely
-
The Economics of Helicopter Money
-
A view on recent corporate spin-offs in advanced economies
-
Not All Banks Are Equal. Cooperative Banking and Income Inequality
-
Guerello C, Murè P, Rovo N, Spallone M. Is There a Regulatory Trade-Off Between Stability and Performance?
-
Fiscal Shocks and Helicopter Money in Open Economy
-
Markets Structure and Secular Stagnation
-
Learning with Uncertain Inflation Target
-
Global factors, international spillovers, and term structure of interest rates: new evidence for asias countries
-
Local Currency Risk
-
Robust Trading for Ambiguity-Averse Insiders
-
Monetary Policy, Liquidity, and Consumption Inequality: A Comment on Williamson (2012)
-
Financial Constraints Firms Supply Chains and Internationalization
-
The Impact of Criminality on the Riskiness of Cooperative Credit Banks in Italy: A Macro Regional Approach
-
Estimating Non-Linear DSGEs with the Approximate Bayesian Computation: An Application to the Zero Lower Bound
-
Unemployment Fluctuations and the Predictability of Currency Returns
-
Does Foreign Aid Fuel Trust?
-
Credit Reallocation, Deleveraging, and Financial Crises.
-
The Effectiveness of Non-Standard Monetary Policy Measures: Evidence from Survey Data
-
One Size Does Not Fit All. A Non-Linear Analysis of European Monetary Transmission.
-
How Effective Is Central Bank Forward Guidance
-
Pessimistic Optimal Choice for Risk-Averse Agents
-
SMEs and the Challenge to Go Public: Evidence from a Recent Survey
-
Optimal Monetary Policy and Stock-Price Dynamics in a Non-Ricardian DSGE Model