Ugo Albertazzi

ECB -DG Monetary Policy

Sonnemannstrasse 22

Frankfurt am Main, 60314

Germany

SCHOLARLY PAPERS

21

DOWNLOADS

5,267

SSRN CITATIONS

216

CROSSREF CITATIONS

351

Scholarly Papers (21)

1.

Bank Profitability and the Business Cycle

Bank of Italy Economic Research Paper No. 601
Number of pages: 39 Posted: 06 Oct 2006
Ugo Albertazzi and Leonardo Gambacorta
ECB -DG Monetary Policy and Bank for International Settlements (BIS)
Downloads 1,512 (15,110)
Citation 146

Abstract:

Loading...

bank profitability, economic cycle, macro-prudential analysis

2.

Financial Sector Pro-Cyclicality: Lessons from the Crisis

Bank of Italy Occasional Paper No. 44
Number of pages: 86 Posted: 29 Sep 2009 Last Revised: 21 May 2011
Bank of Italy, Bank of Italy, ECB -DG Monetary Policy, Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 685 (47,279)
Citation 52

Abstract:

Loading...

pro-cyclicality, financial accelerator, capital requirements, leverage, accounting standards, incentives

3.

Credit Supply, Flight to Quality and Evergreening: An Analysis of Bank-Firm Relationships after Lehman

Bank of Italy Temi di Discussione (Working Paper) No. 756
Number of pages: 59 Posted: 03 Sep 2010
Ugo Albertazzi and Domenico Junior Marchetti
ECB -DG Monetary Policy and Bank of Italy
Downloads 566 (60,419)
Citation 119

Abstract:

Loading...

credit supply, bank capital, flight to quality, evergreening

4.
Downloads 365 (102,159)
Citation 19

Securitization is Not that Evil after All

Bank of Italy Temi di Discussione (Working Paper) No. 796
Number of pages: 69 Posted: 16 May 2011
ECB -DG Monetary Policy, Bank of Italy, Bank for International Settlements (BIS) and European Central Bank (ECB)
Downloads 193 (194,794)
Citation 24

Abstract:

Loading...

securitization, asymmetric information, signaling, reputation

Securitization is Not that Evil after All

BIS Working Paper No. 341
Number of pages: 60 Posted: 07 Jun 2011
ECB -DG Monetary Policy, Bank of Italy, Bank for International Settlements (BIS) and Bank of Italy
Downloads 172 (215,684)

Abstract:

Loading...

securitization, asymmetric information, signaling, reputation

5.

Bank Profitability and Taxation

Bank of Italy Temi di Discussione (Working Paper) No. 649
Number of pages: 38 Posted: 17 Dec 2007
Ugo Albertazzi and Leonardo Gambacorta
ECB -DG Monetary Policy and Bank for International Settlements (BIS)
Downloads 346 (108,485)
Citation 66

Abstract:

Loading...

tax-shifting, corporate income tax, bank profitability

Asymmetric information and the securitization of SME loans

Swiss Finance Institute Research Paper No. 21-13
Number of pages: 47 Posted: 12 Feb 2021
ECB -DG Monetary Policy, Bank of Italy, Bank for International Settlements (BIS) and University of Zurich - Department of Banking and Finance
Downloads 115 (299,248)

Abstract:

Loading...

securitization, SME loans, moral hazard, adverse selection

Asymmetric Information and the Securitization of SME Loans

Bank of Italy Temi di Discussione (Working Paper) No. 1091
Number of pages: 48 Posted: 17 Mar 2017
ECB -DG Monetary Policy, Bank of Italy, Bank for International Settlements (BIS) and University of Zurich - Department of Banking and Finance
Downloads 92 (346,143)
Citation 25

Abstract:

Loading...

securitization, SME loans, moral hazard, adverse selection

Fixed Rate Versus Adjustable Rate Mortgages: Evidence from Euro Area Banks

Bank of Italy Temi di Discussione (Working Paper) No. 1176
Number of pages: 75 Posted: 12 Jul 2018 Last Revised: 17 Aug 2019
Ugo Albertazzi, Fulvia Fringuellotti and Steven Ongena
ECB -DG Monetary Policy, Federal Reserve Banks - Federal Reserve Bank of New York and University of Zurich - Department of Banking and Finance
Downloads 78 (383,281)
Citation 8

Abstract:

Loading...

mortgages, financial duration, cross-border banks

Fixed Rate versus Adjustable Rate Mortgages: Evidence from Euro Area Banks

Swiss Finance Institute Research Paper No. 20-99
Number of pages: 86 Posted: 03 Dec 2020 Last Revised: 04 Dec 2020
Ugo Albertazzi, Fulvia Fringuellotti and Steven Ongena
ECB -DG Monetary Policy, Federal Reserve Banks - Federal Reserve Bank of New York and University of Zurich - Department of Banking and Finance
Downloads 69 (411,146)
Citation 1

Abstract:

Loading...

Fixed Rate versus Adjustable Rate Mortgages: Evidence from Euro Area Banks

ECB Working Paper No. 2322
Number of pages: 76 Posted: 29 Oct 2019
Ugo Albertazzi, Steven Ongena and Fulvia Fringuellotti
ECB -DG Monetary Policy, University of Zurich and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 41 (523,907)

Abstract:

Loading...

cross-border banks, interest rate fixation, mortgages

8.

The Bank Lending Channel of Conventional and Unconventional Monetary Policy

Bank of Italy Temi di Discussione (Working Paper) No. 1094
Number of pages: 36 Posted: 17 Mar 2017
ECB -DG Monetary Policy, Bank of Italy and Bank of Italy
Downloads 184 (203,299)
Citation 41

Abstract:

Loading...

unconventional monetary policy, lending rates, bank lending channel, bank capital channel, fragmentation

9.

Monetary Policy and Bank Stability: The Analytical Toolbox Reviewed

ECB Working Paper No. 20202377
Number of pages: 95 Posted: 21 Feb 2020
ECB -DG Monetary Policy, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 174 (213,376)
Citation 1

Abstract:

Loading...

10.

Portfolio Rebalancing and the Transmission of Large-Scale Asset Programmes: Evidence from the Euro Area

ECB Working Paper No. 2125
Number of pages: 39 Posted: 02 Feb 2018
Ugo Albertazzi, Bo Becker and Miguel Boucinha
ECB -DG Monetary Policy, Stockholm School of Economics and European Central Bank (ECB)
Downloads 166 (222,057)
Citation 6

Abstract:

Loading...

quantitative easing, unconventional monetary policy, portfolio rebalancing, search for yield

11.

Asymmetric Information and AHE Securitization of SME Loans

BIS Working Paper No. 601
Number of pages: 42 Posted: 10 Jan 2017
ECB -DG Monetary Policy, Bank of Italy, Bank for International Settlements (BIS) and University of Zurich - Department of Banking and Finance
Downloads 160 (229,180)

Abstract:

Loading...

securitization, SME loans, moral hazard, adverse selection

12.

Securitization is Not that Evil after All

AFA 2012 Chicago Meetings Paper
Number of pages: 60 Posted: 22 Mar 2011
affiliation not provided to SSRN, ECB -DG Monetary Policy, Bank of Italy and Bank for International Settlements (BIS)
Downloads 147 (245,900)
Citation 14

Abstract:

Loading...

securitization, banking, asymmetric information, signaling, reputation

13.

Incentives in Universal Banks

Bank of Italy Economic Research Paper No. 572
Number of pages: 36 Posted: 10 Apr 2006
Ugo Albertazzi
ECB -DG Monetary Policy
Downloads 147 (245,900)
Citation 15

Abstract:

Loading...

Common Agency, Collusion, Conflicts of Interest, Universal Banks

14.

An Inquiry into the Determinants of the Profitability of Italian Banks

Bank of Italy Occasional Paper No. 364
Number of pages: 43 Posted: 15 Feb 2017
ECB -DG Monetary Policy, Bank of Italy and Bank of Italy
Downloads 145 (248,635)
Citation 6

Abstract:

Loading...

bank profits, bank capital, non-performing loans, Italian banks, Italian economy

15.

The Impact of the Sovereign Debt Crisis on the Activity of Italian Banks

Bank of Italy Occasional Paper No. 133
Number of pages: 36 Posted: 10 Oct 2012
ECB -DG Monetary Policy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 90 (348,199)
Citation 23

Abstract:

Loading...

sovereign spread, bank loan rates, bank lending

16.

The Procyclicality of Foreign Bank Lending: Evidence from the Global Financial Crisis

Bank of Italy Temi di Discussione (Working Paper) No. 926
Number of pages: 46 Posted: 16 Jul 2013
Ugo Albertazzi and Margherita Bottero
ECB -DG Monetary Policy and Bank of Italy
Downloads 66 (415,872)
Citation 31

Abstract:

Loading...

foreign banks, credit crunch, bank balance sheet channel, functional distance

17.

Credit Demand and Supply: A Two-Way Feedback Relation

Bank of Italy Temi di Discussione (Working Paper) No. 1134
Number of pages: 44 Posted: 06 Oct 2017
Ugo Albertazzi and Lucia Esposito
ECB -DG Monetary Policy and Bank of Italy
Downloads 43 (504,053)
Citation 18

Abstract:

Loading...

credit crunch, investment, strategic complementarities, global games

18.

Sharing Information on Lending Decisions: An Empirical Assessment

Bank of Italy Temi di Discussione (Working Paper) No. 980
Number of pages: 47 Posted: 18 Feb 2015
Ugo Albertazzi, Margherita Bottero and Gabriele Sene
ECB -DG Monetary Policy, Bank of Italy and Bank of Italy
Downloads 43 (504,053)
Citation 11

Abstract:

Loading...

sequential lending decisions, credit supply, winner’s curse, informational spillover

19.

Foreign Banks and the Doom Loop

ECB Working Paper No. 2021/2540
Number of pages: 33 Posted: 26 Apr 2021
ECB -DG Monetary Policy, European Central Bank and Autonomous University of Barcelona
Downloads 21 (628,462)

Abstract:

Loading...

20.

The (Unobservable) Value of Central Bank's Refinancing Operations

ECB Working Paper No. 20202480
Number of pages: 53 Posted: 14 Oct 2020
ECB -DG Monetary Policy, European Central Bank (ECB), Tilburg University and Tilburg University
Downloads 12 (694,690)

Abstract:

Loading...

bank runs, central bank policies, imperfect competition, multiple equilibria, structural estimation

21.

Asymmetric Information and the Securitization of SME Loans

CEPR Discussion Paper No. DP11785
Number of pages: 40 Posted: 23 Jan 2017
ECB -DG Monetary Policy, Bank of Italy, Bank for International Settlements (BIS) and University of Zurich - Department of Banking and Finance
Downloads 0 (803,409)
  • Add to Cart

Abstract:

Loading...

Adverse Selection, moral hazard, Securitization, SME loans