Articles in working paper series
1. “Report on crypto-assets and the risk of money laundering”, with Michele Manna, Marco Militello and Irene Cesarotto. UIF working papers, no. 31, July 2025 .
2. “The structural Theta method and its predictive performance in the M4-Competition”, with Giacomo Sbrana. Temi di Discussione, Banca d’Italia, Number 1457, June 2024 .
3. “Nowcasting Italian GDP growth: a factor MIDAS approach”, with Donato Ceci and Orest Prifti. Temi di Discussione, Banca d’Italia, Number 1446, March 2024 .
4. “Gross bond issuance by Italian banks: key trends in times of crisis and unconventional monetary policy”, with Donato Ceci, Alessandro Montino and Sara Pinoli. SUERF Policy Brief, No 703.
5. “Gross bond issuance by Italian banks: key trends in times of crisis and unconventional monetary policy”, with Donato Ceci, Alessandro Montino and Sara Pinoli. Questioni di Economia e Finanza (Occasional Papers), Banca d’Italia, n. 778, June 2023.
6. “Nowcasting the state of the Italian economy: the role of financial markets”, with Donato Ceci. Temi di Discussione, Banca d’Italia, Number 1362, February 2022 .
7. “Forecasting corporate capital accumulation in Italy: the role of survey-based information”, with Claire Giordano and Marco Marinucci. Questioni di Economia e Finanza (Occasional Papers), Banca d’Italia, n. 596, February 2021.
8. “Effects of eligibility for central bank purchases on corporate bond spreads”, with Taneli Mäkinen, Fan Li and Andrea Mercatanti. Bank for International Settlements Working Papers series No 894, October 2020.
“Effects of eligibility for central bank purchases on corporate bond spreads”, with Taneli Mäkinen, Fan Li and Andrea Mercatanti. Temi di Discussione, Banca d’Italia, Number 1300, November 2020.
9. “A regression discontinuity design for categorical ordered running variables applied to central bank purchases of corporate bonds”, with Fan Li, Andrea Mercatanti and Taneli Mäkinen. Temi di Discussione, Banca d’Italia, Number 1213, March 2019.
10. “Firms’ and households’ investment in Italy: the role of credit constraints and other macro factors”, with Claire Giordano and Marco Marinucci. Temi di Discussione, Banca d’Italia, Number 1167, March 2018.
11. “Investment decisions by European firms and financing constraints”, with Andrea Mercatanti and Taneli Mäkinen. Temi di Discussione, Banca d’Italia, Number 1148, October 2017.
12. “Real and financial cycles: estimates using unobserved component models for the Italian economy”, with Guido Bulligan, Lorenzo Burlon and Davide Delle Monache. Questioni di Economia e Finanza (Occasional Papers), Banca d’Italia, n. 382, July 2017.
13. “Investment and investment financing in Italy: some evidence at the macro level”, with Claire Giordano and Marco Marinucci. Questioni di Economia e Finanza (Occasional Papers), Banca d’Italia, n. 307, February 2016.
14. “Financial shocks and the real economy in a nonlinear world: From theory to estimation”, with Andrea Zaghini. Faculteit Economie en Bedrijfskunde Working Paper, Universiteit Gent, Belgium, 2015/910, June 2015.
15. “Short-term inflation forecasting: the M.E.T.A. approach”, with Giacomo Sbrana and Fabrizio Venditti. Temi di Discussione, Banca d’Italia, Number 1016, June 2015.
16. “Financial shocks and the real economy in a nonlinear world: A survey of the theoretical and empirical literature”, with Andrea Zaghini. Questioni di Economia e Finanza (Occasional Papers), Banca d’Italia, n. 255, January 2015.
17. “Random switching exponential smoothing and inventory forecasting”, with Giacomo Sbrana. Temi di Discussione, Banca d’Italia, Number 971, September 2014.
18. “The Italian financial cycle: 1861-2011”, with Riccardo De Bonis. Temi di Discussione, Banca d’Italia, Number 936, October 2013.
19. “A quantitative look at the Italian banking system: Evidence from a new dataset since 1861”, with Riccardo De Bonis, Fabio Farabullini, Miria Rocchelli and Alessandra Salvio. Government of the Italian Republic (Italy), Ministry of Economy and Finance, Department of the Treasury Working Paper No. 9, 2013.
20. “Forecasting aggregate demand: Analytical comparison of top-down and bottom-up approaches in a multivariate exponential smoothing framework”, with Giacomo Sbrana. Temi di Discussione, Banca d’Italia, Number 929, September 2013.
21. “The effects of financial and real wealth on consumption: new evidence from OECD countries”, with Riccardo De Bonis. Temi di Discussione, Banca d'Italia, Number 837, November 2011. Also appeared as Money and Finance Research Group (MoFiR) working paper n. 38, 2010, Università Politecnica delle Marche.
22. “Aggregation of exponential smoothing processes with an application to portfolio risk evaluation”, with Giacomo Sbrana. CORE Discussion Paper 2010/39, Université catholique de Louvain, Belgium.
23. “What do we know about comparing aggregate and disaggregate forecasts?”, with Giacomo Sbrana. CORE Discussion Paper 2009/20, Université catholique de Louvain, Belgium.
24. “La destagionalizzazione dei depositi e dei prestiti bancari” (Seasonal adjustment of bank deposits and loans). Questioni di Economia e Finanza (Occasional Papers), Banca d’Italia, n. 42, March 2009.
25. “Temporal aggregation of univariate and multivariate time series models”, with David Veredas. Temi di Discussione, Banca d'Italia, Number 685, August 2008.
26. “Testing fiscal sustainability in Poland: A Bayesian analysis of cointegration”. CORE Discussion Paper 2007/80, Université catholique de Louvain, Belgium. Also appeared as Discussion paper du Départment des Sciences économiques 2007–40.
27. “Temporal aggregation of univariate linear time series models”, with David Veredas. CORE Discussion Paper 2005/59, Université catholique de Louvain, Belgium. Also appeared as Discussion paper du Départment des Sciences économiques 2005–44.
28. “Using intra annual information to forecast the annual state deficits. The case of France”, with Laurent Moulin, Matteo Salto and David Veredas. CORE Discussion Paper 2004/48, Université catholique de Louvain, Belgium.