Browsing by Author "Ferrari, Alessandro"

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  • Ferrari, Alessandro; Garcia Galindo, Carmen; Petricek, Matic; Winkler, Andreas (2018-05)
    In this paper we use a novel approach to address issues of endogeneity in estimating a causal effect of leverage on risk taking by banks. Using data on local bank office deposits and local unemployment we construct an ...
  • Ferrari, Alessandro; Rogantini Picco, Anna (2017-01)
    This paper aims at empirically assessing the effect of the adoption of the euro on the ability of euro area member states to smooth consumption and share risk. With the objective of evaluating the economic performance of ...