CV
Economics, Statistics and Research Department
91 Via Nazionale
Rome, 00184
ITALY
Phone : +39 06 4792 2867
Email: raffaele.santioni@bancaditalia.it
PERSONAL INFORMATION
Age: 44
Citizenship: Italy
FIELDS OF SPECIALIZATION
Primary: Corporate Finance and Banking
EDUCATION
2013
Ph. D. in Statistics, La Sapienza University, Rome, Italy
2005
B. Sc, in Economics: Tor Vergata University, Rome, Italy. Summa Cum Laude
EMPLOYMENT
2014 -
Senior Economic Advisor and Economist, Bank of Italy
2015 June - 2015 September
Economic Advisor and Economist, European Central Bank
2008 - 2014
Economic Advisor and Economist, Bank of Italy
2007 - 2008
Researcher, Centro Europa Ricerche (CER, Rome, Italy)
2006
Researcher, Centre for Economic and International Studies (CEIS, Tor Vergata University, Rome, Italy), Chair: Prof. Giovanni Tria.
RESEARCH
PUBLISHED PAPERS AND WP
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.
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 ON JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS
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.
Vacca, V. P., Bichlmeier, F., Biraschi, P., Boschi, N., Bravo Alvarez, A. J., Di Primio, L., Ebner, A., Hoeretzeder, S., Llorente Ballesteros, E., Miani, C., Ricci, G., Santioni, R., Schellerer, S. and H. Westmanh 2021. Measuring the impact of a bank failure on the real economy. An EU-wide analytical framework, Occasional Papers 626, Bank of Italy, Economic Research and International Relations Area.
Other version(s):
Vacca, V. P., Bichlmeier, F., Biraschi, P., Boschi, N., Bravo Alvarez, A. J., Di Primio, L., Ebner, A., Hoeretzeder, S., Llorente Ballesteros, E., Miani, C., Ricci, G., Santioni, R., Schellerer, S. and H. Westmanh 2021. Measuring the impact of a bank failure on the real economy. An EU-wide analytical framework, Working Papers 122, European Systemic Risk Board.
Coletta, M. and R. Santioni 2019. Households' Investments in Foreign Mutual Funds Made Transparent, Occasional Papers 533, Bank of Italy, Economic Research and International Relations Area.
Infante, L., Piermattei, S., Santioni R. and B. Sorvillo 2020, Diversifying Away Risks Through Derivatives: Ana Analysis of the Italian Banking System, Economia Politica (forthcoming).
Other version(s):
Infante, L., Piermattei, S., Santioni R. and B. Sorvillo 2018, Why do banks use derivatives? An analysis of the Italian banking system, Occasional Papers 441, Bank of Italy, Economic Research and International Relations Area.
Santioni, R., Schiantarelli, F. and P. E. Strahan 2017, Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation in Italy, Review of Finance, Volume 24, Issue 4, July 2020, Pages 773–811, https://doi.org/10.1093/rof/rfz020.
Other version(s):
Santioni, R., Schiantarelli, F. and P. E. Strahan 2017, Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation in Italy, Boston College Working Paper 929.
Santioni, R., Schiantarelli, F. and P. E. Strahan 2017, Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation in Italy, NBER Working Papers 23541.
Santioni, R., Schiantarelli, F. and P. E. Strahan 2017, Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation in Italy, Bank of Italy Working Paper 1146.
Santioni, R. and I. Supino 2017. Internal Capital Markets in Italian Business Groups: Evidence from the Financial Crisis, Occasional Papers 421, Bank of Italy, Economic Research and International Relations Area.
Coletta, M. and R. Santioni 2018. Bank Bonds in household wealth: recent trends in Italy, Bancaria, Bancaria editrice, vol. 3, pp. 52-61, March.
Other version(s):
Coletta, M. and R. Santioni 2016. Bank Bonds in Italian Households' Portfolios, Occasional Papers 359, Bank of Italy, Economic Research and International Relations Area.
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.
Bronzini, R, Cannari, L., Staderini, A., D'Aurizio, L., Fabbrini, A., Filippone. A., Ilardi, G. Iuzzolino, G., Montanaro, P. and R. Santioni 2013. Industry in the South of Italy and the crisis, Occasional Papers 194, Bank of Italy, Economic Research and International Relations Area.
Viviano, E., Gigio, L. A., Ciapanna, E., Coin, D. Colonna, F., Lagna, F. and R. Santioni, 2012. The retail trade sector and the food industry in Italy, Occasional Papers 119, Bank of Italy, Economic Research and International Relations Area.
Santioni, R. 2012. "I gruppi di imprese in italia: un’analisi tra macro-aree 1998-2006," Rivista di Economia e Statistica del Territorio, FrancoAngeli Editore, vol. 2012(1), pages 87-120.
Carbonaro, I., Carlucci, M. and R. Santioni 2008, Consumer Price Indexes: An Analysis of Heterogeneity Across Sub Populations, in Ferrari, G. and L. Biggeri (EDS), Price Indexes in Time and Space: Methods and Practice, Physica-Verlag.
Carbonaro, I., Carlucci, M. and R. Santioni 2008, Price Dispersion: The Case of Pasta, in Ferrari, G. and L. Biggeri (EDS), Price Indexes in Time and Space: Methods and Practice, Physica-Verlag.
CONFERENCE AND SEMINAR PRESENTATIONS
2019
International Finance and Banking Society, ESSCA School of Management - Angers, France
68th Annual Meeting of the Midwest Finance Association, Chicago, United States of America
2018
International Finance and Banking Society, University of Chile, Santiago de Chile, Chile
33rd Annual Congress of the European Economic Association, University of Cologne, Cologne, Germany
2017
Finance Seminar Series, University Pompeu Fabra, Barcelona.
2016
6th International Conference of the Financial Engineering and Banking Society, School of Business and Economics of the University of Málaga, Spain. It is organized in collaboration with the Portsmouth Business School (University of Portsmouth, UK) and the Centre for Money, Banking & Institutions (University of Surrey, UK), under the auspices of the Financial Engineering and Banking Society and with the support of the General Foundation of the University of Málaga.
2012
The retail trade sector and the food industry in Italy, Bank of Italy, Rome, Italy.
2011
58th World Statistics Congress of the International Statistical Institute, Dublin, Ireland.
Economic integration between the Mezzogiorno and the Centre North, Bank of Italy, Rome, Italy.
REFEREEING ACTIVITY FOR ACADEMIC JOURNAL
Journal of Banking and Finance (Elsevier)
Journal of Financial Stability (Elsevier)
Review of Finance (Oxford University Press)
SCIENTIFIC COMMITTEE
International Finance and Banking Society 2021