PAPERS
Access to working papers via Ideas/Repec
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., 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 Stofk Resilience During the Covid-19 Stock Market Crash, SSRN Working Papers available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3908464.
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.
Conference:
Affinito, M. and R. Santioni 2021. When the panic borke 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 borke 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.
Conference:
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.
Media coverage: Harvard Law School Forum on Corporate Governance, Review of Finance Virtual Issue: Effects and Responses to Economic Downturns, Wall Street Journal,
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.
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.
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.
Media contribution:
"Meno estero nei portafogli delle famiglie italiane," published by Morningstar (in Italian), May 31 2019.
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.
Media contribution: Ansa, Corriere della Sera, Il Foglio, Il Sole 24 Ore, Yahoo! Finance, Libero, Repubblica.
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, Franco Angeli 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.
Other contributions
May 2019, An analysis of the portfolio of the foreign investment funds held by Italian Households, in Annual Report fo 2018, Bank of Italy.
July 2016, Bank bonds in Italian households’ portfolios, in Economic Bulletin, n. 3, Bank of Italy.
November 2013, Banks’ recent purchases of Italian general gov ernment securities, in Financial Stability Report, n. 6, Bank of Italy.