This paper contributes to the literature by looking at the possible relevance of the structure of the financial system-whether financial intermediation is performed through banks or markets-for macroeconomic volatility, against the backdrop of increased policy attention on strengthening growth...

In the context of climate change, there is a need to identify the most vulnerable "hotspots" to the various risks that should attract the most attention from analysts and decision-makers. In this paper, we focus on territories’ exposure to the main consequences of climate change, considering...