Outputs (42)

Cross-country spillovers from macroprudential regulation: Reciprocity and leakage (2020)
Journal Article
Rubio, M. (2020). Cross-country spillovers from macroprudential regulation: Reciprocity and leakage. Journal of International Money and Finance, 103, Article 102134. https://doi.org/10.1016/j.jimonfin.2019.102134

In a globally interconnected banking system, there can be spillovers from domestic macroprudential policies to foreign banks and vice versa, for example, through the presence of foreign branches in the domestic economy. The lack of reciprocity of som... Read More about Cross-country spillovers from macroprudential regulation: Reciprocity and leakage.

How Hard Is It to Maximize Profit? Evidence from a 19th century Italian State Monopoly (2020)
Journal Article
Ciccarelli, C., De Fraja, G., & Tiezzi, S. (2021). How Hard Is It to Maximize Profit? Evidence from a 19th century Italian State Monopoly. Oxford Economic Papers, 73(2), 879–902. https://doi.org/10.1093/oep/gpz076

In this paper we study the ability of the 19th century Italian government to choose profit maximizing prices for a multiproduct monopolist. We use very detailed historical data on the tobacco consumption in 62 Italian provinces from 1871 to 1888 to e... Read More about How Hard Is It to Maximize Profit? Evidence from a 19th century Italian State Monopoly.