• Foreign banks and the doom loop 

      Albertazzi, Ugo; Cimadomo, Jacopo; Maffei-Faccioli, Nicolò (Working paper;2/2022, Working paper, 2022)
      This paper explores whether foreign banks stabilise or destabilise lending to the real economy in the presence of sovereign stress in the domestic economy and abroad. In this context, the presence of foreign intermediaries ...