PROFILE
Currently, I'm a senior economist at the Bank of Italy, DG Economics, Statistics and Research Department.
From September 2016 to June 2017, I was a visiting Scholar at Boston College (USA), Economics Department, with Professor Fabio Schiantarelli and Philip E. Strahan.
I did my PhD in Statistics at the University of Rome "La Sapienza", graduating in 2013, and my B. A. in Economics at the University of Rome "Tor Vergata" in 2005 (Summa cum laude).
My research interests include Corporate Finance, Households Finance.
ACADEMIC JOURNALS
Santioni, R., Schiantarelli, F. and P. E. Strahan 2017, Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation, Review of Finance, Volume 24, Issue 4, July 2020, Pages 773–811, https://doi.org/10.1093/rof/rfz020 .
Media coverage: Harvard Law School Forum on Corporate Governance, Wall Street Journal, Review of Finance Virtual Issue: Effects and Responses to Economic Downturns.
Affinito, M., Albareto, A. and R. Santioni 2016. Purchases of sovereign debt securities by Italian banks during the crisis: the role of balance-sheet conditions, Occasional Papers 330, Bank of Italy, Economic Research and International Relations Area, forthcoming in Journal of Banking and Finance
WORKING PAPERS
Gil-Bazo, J. and R. Santioni 2024, Geographic Shareholder Dispersion and Mutual Fund Flow Risk, SSRN (forthcoming in Barcelona School of Economics Working Paper Series).
Della Corte, V. and R. Santioni 2023. The performance of household-held mutual funds: evidence from the euro area, Working Papers 1426, Bank of Italy, Economic Research and International Relations Area
Media contribution:
"I fondi comuni venduti al retail sono più costosi e meno remunerativi", Il Sole 24 Ore, a cura di Antonio Criscione, 18 Novembre 2023.
"The performance of household-held mutual funds: Evidence from the euro area", VoxEU, https://voxeu.org, November 14, 2022.
Affinito, M., Santioni, R. and L. Tomassetti 2023. Inside household debt: disentangling mortgages and consumer credit, and household and bank factors. Evidence from Italy, Occasional Papers 788, Bank of Italy, Economic Research and International Relations Area
Affinito, M., D'Amato, M. and R. Santioni 2023. The evolution of bank fees as a source of income: trends and new business models - evidence from Italy, Occasional Papers 777, Bank of Italy, Economic Research and International Relations Area
Albuquerque, R., Koskinen, Y. And R Santioni 2021. Mutual Fund Loyalty and EG Stock Resilience During the Covid-19 Stock Market Crash, SSRN Working Papers available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3908464. REVISE & RESUBMIT JOURNAL OF FINANCIAL QUANTITATIVE ANALYSIS
Media contribution:
“Mutual funds’ loyalty helped to stabilise ESG stocks during the COVID-19 market crash,” VOX, https://voxeu.org, November 23, 2021.
“Perché i titoli ESG hanno resistito al Covid-19,” published by Morningstar (in Italian), September 9, 2021.
Conferences:
Affinito, M. and R. Santioni 2021. When the panic broke out: Covid-19 and investment funds' portfolio rebalancing around the world, Working Papers 1342, Bank of Italy, Economic Research and International Relations Area
Media contribution:
"When the panic broke out: Covid-19 and investment funds' portfolio rebalancing around the world", VoxEU, https://voxeu.org, November 15, 2021.
"When the panic broke out: Covid-19 and investment funds' portfolio rebalancing around the world", SUERF, Policy Brief No 218, November 2021
"Come cambia il portafoglio dei fondi in tempi di shock dei mercati," published by Morningstar (in Italian), August 5, 2021.
Conferences:
REFEREEING ACTIVITY FOR ACADEMIC JOURNAL
Review of Finance (Oxford University Press)
Journal of Banking and Finance (Elsevier)
Journal of Financial Stability (Elsevier)
Journal of International Money and Finance (Elsevier)
International Review of Financial Analysis (Elsevier)
CONTACT INFORMATION
Mailing address:
91 Via Nazionale
Rome (Italy) - 00184