This paper provides updated empirical evidence about the real and nominal effects of monetary policy in Italy, by using structural VAR analysis. We discuss different empirical approaches that have been used in order to identify monetary policy exogenous shocks. We argue that the data support the...

This study showcases a new class of administrative, geo-spatial data sourced from agricultural subsidy registers as a powerful tool for agricultural policy evaluation. Beyond full national coverage and accurate identification of land use, the key novel feature of GeoSpatial Aid Application...

In this paper, we present different specifications of a structural vector autoregressive model (SVAR) that can be used to identify monetary policy operating regimes and monetary policy shocks in a small open economy. SVAR has the advantage of imposing a minimal set of theoretical restrictions on...