Massimo Molinari

Economist, mostly (re)tweeting about banking, systemic risk, money & debt, financial stability.. and a bunch of other stuff. views are just mine.

[SUERF - The European Money and Finance Forum @suerf_org]

#SUERFpolicybrief “Friends or foes? Banks’ #deposits and #digitalization in a #monetarytightening" by Federica Ciocchetta, Raffaele Gallo, Silvia Magri, and Massimo Molinari (@bancaditalia)

📄 https://t.co/6DmEuyQ6Fw

[Ufficio Stampa della Banca d'Italia @UfficioStampaBI]

#20novembre #Bankitalia #leggiqui la nuova pubblicazione delle Note di Stabilità finanziaria e vigilanza sul possibile impatto dell’annuncio di attivazione del SyRB (systemic risk buffer) sulle quotazioni azionarie delle banche italiane
👉 https://t.co/CqpPBCuCyC

[Francesco Saraceno @fsaraceno]

Cosa ci dice? Il riassunto in questo screenshot (p. 14):
a) L'inflazione da costi è uno shock negativo sul reddito
b) i profitti non ne hanno risentito (anzi sono aumentati)
c) i salari hanno pagato caro

Veramente, non è più complicato di così. Il resto è cortina fumogena

5/

[Massimo Molinari @MolinariMax_]

interested in the #SVB #collapse ? a good account of what happened. #bankrun #bankfailure

https://t.co/f3rvt08ae3

[Massimo Molinari @MolinariMax_]

Good read for everyone thinking about starting a PhD … things that I wish I had known back then.

[Mushtaq Bilal, PhD @MushtaqBilalPhD]

5 dumb things I did during my PhD...and 5 smart:

[Massimo Molinari @MolinariMax_]

https://t.co/xrY3JRopSh

[Massimo Molinari @MolinariMax_]

Britaly? You wish https://t.co/dtv5OhZyRC

[Massimo Molinari @MolinariMax_]

https://t.co/ZZ55CAIeSR

[Massimo Molinari @MolinariMax_]

good read on #LDI #MonetaryPolicy #Financialstability #PensionFunds
https://t.co/CUO5nbpWF2

[Massimo Molinari @MolinariMax_]

@i_aldasoro LOL

[Massimo Molinari @MolinariMax_]

Liability-driven investment: the “doom loop” in the bond market | MoneyWeek https://t.co/wo2gEkrEBq

[Massimo Molinari @MolinariMax_]

Press release: Basel Committee publishes evaluation of buffer usability and cyclicality in its regulatory framework; issues newsletter on positive cycle-neutral countercyclical capital buffer rates https://t.co/hnS71wJbLJ

[Massimo Molinari @MolinariMax_]

@i_aldasoro U gotta do something … haven’t u?

[Massimo Molinari @MolinariMax_]

@a_presbitero @Uptheleft Colpisce in questo grafico che l’Italia sia sopra l’Inghilterra. In termini assoluti credo sia molto superiore il costo uk e anche controllando per il reddito mi sarei aspettato di vedere lo stesso risultato.

[Massimo Molinari @MolinariMax_]

Why shrinking central bank balance sheets might be an uphill task — Sascha Steffen https://t.co/QPhdqLLday

[Massimo Molinari @MolinariMax_]

@i_aldasoro Papers with tables placed at the end of document shoukd be rejected straightaway 😂

[Francesco Saraceno @fsaraceno]

Please help us circulate the call for papers for a special issue on #publicdebt that I am honored to co-edit with @B_Eichengreen and @florianacernig1
We encourage the submission of articles mobilising different tools and perspectives.
Deadline: 10/31
https://t.co/yg23GEM338

[Massimo Molinari @MolinariMax_]

Not looking too good for NHS

[Massimo Molinari @MolinariMax_]

what does high inflation imply for public debt management? Trading off a reduction in the real value of current debt vs higher future borrowing costs. Not to be forgotten
https://t.co/FCVrEwmy4I

[Massimo Molinari @MolinariMax_]

On Italian public debt and ECB’s asset purchases https://t.co/uyWMNrZyyk