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risky assets, if asset markets are integrated across the board, reflecting a strong pressure towards the cross-border equalization of external finance premia faced by levered investors. In turn, the resulting global flight to quality may bring about tight international linkages in...
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Financial integration in the markets for banks' assets and liabilities makes balance sheet constraints highly correlated across countries, resulting in a high degree of financial and macroeconomic interdependence. Likewise, under financial integration unconventional policies aimed at stabilizing...
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The evaluation of seismic site response in the urban area of Catania was tackled by selecting test areas having peculiar lithological and structural features, potentially favourable to large local amplifications of ground motion. The two selected areas are located in the historical downtown and...
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