Sauro Mocetti
Biographic Data
| ID | 5739448 |
|---|---|
| NAME | Sauro Mocetti |
| GIVEN NAMES | Sauro |
| FAMILY NAME | Mocetti |
| SIGNATURE | MOCETTI S |
| AFFILIATIONS | Bank of Italy |
| ORCID | 0000-0002-8792-3240 |
| VERIFIED | Yes |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 14 |
| WORKS AS AUTHOR | 7 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2011 |
| LATEST PUBLICATION YEAR | 2021 |
| H-INDEX | 2 |
Regulated occupations in Italy
Losing My Connection
The paper examines the causal impact of bank–firm interlocking directorates on a firm’s access to credit. We exploit matched bank–firm panel data containing detailed information on individual loans and on the governing bodies of both the bank and the firm. Identification hinges on the exogenous break up of connections occurring when the supervisory authority places a bank under special administration, resetting its board. For these banks, we comp…
The economic effects of big events
This paper assesses the short‐ and long‐term economic impact of the 2000 Great Jubilee, the foremost Catholic event occurring every 25 years, on the city of Rome's economy. By applying the synthetic control approach, we find that the value added per capita increases slightly in the short term, whereas in the long term it is not significantly different from what it would have been if Rome had not hosted the Jubilee. However, we do find a significa…
How do House Prices Respond to Mortgage Supply
We examine the impact of household mortgages on house prices. Using biannual data on Italian cities in the period 2003–2015, we build an exogenous and fully data-driven indicator of mortgage supply stance and use it as instrument for actual extended mortgages. Our results indicate that mortgages have a positive and significant causal effect on house prices, with an estimated elasticity of around 0.1. The estimated effect is larger during the expa…
Housing Supply Elasticity and Growth
This paper examines the impact of housing supply elasticity on urban development. Using data for a sample of roughly one hundred Italian main cities observed over 40 years, we first estimate housing supply elasticities at the city level, measured as the correlation between the changes in the housing stock and in the house prices. Second, we show that differences in the elasticity of housing supply may determine the extent to which a demand shock …
Natural disasters, growth and institutions
With a little help from abroad
Natural disasters, growth and institutions
Housing Supply Elasticity and Growth
This paper examines the impact of housing supply elasticity on urban development. Using data for a sample of roughly one hundred Italian main cities observed over 40 years, we first estimate housing supply elasticities at the city level, measured as the correlation between the changes in the housing stock and in the house prices. Second, we show that differences in the elasticity of housing supply may determine the extent to which a demand shock …
With a little help from abroad
Natural disasters, growth and institutions
The economic effects of big events
This paper assesses the short‐ and long‐term economic impact of the 2000 Great Jubilee, the foremost Catholic event occurring every 25 years, on the city of Rome's economy. By applying the synthetic control approach, we find that the value added per capita increases slightly in the short term, whereas in the long term it is not significantly different from what it would have been if Rome had not hosted the Jubilee. However, we do find a significa…
How do House Prices Respond to Mortgage Supply
We examine the impact of household mortgages on house prices. Using biannual data on Italian cities in the period 2003–2015, we build an exogenous and fully data-driven indicator of mortgage supply stance and use it as instrument for actual extended mortgages. Our results indicate that mortgages have a positive and significant causal effect on house prices, with an estimated elasticity of around 0.1. The estimated effect is larger during the expa…
Housing Supply Elasticity and Growth
This paper examines the impact of housing supply elasticity on urban development. Using data for a sample of roughly one hundred Italian main cities observed over 40 years, we first estimate housing supply elasticities at the city level, measured as the correlation between the changes in the housing stock and in the house prices. Second, we show that differences in the elasticity of housing supply may determine the extent to which a demand shock …
Regulated occupations in Italy
Losing My Connection
The paper examines the causal impact of bank–firm interlocking directorates on a firm’s access to credit. We exploit matched bank–firm panel data containing detailed information on individual loans and on the governing bodies of both the bank and the firm. Identification hinges on the exogenous break up of connections occurring when the supervisory authority places a bank under special administration, resetting its board. For these banks, we comp…
Economics (7 works) · Demographic economics (3 works) · Econometrics (3 works) · Housing Market and Economics (3 works) · Labour economics (3 works) · Macroeconomics (3 works) · Monetary economics (3 works) · Business (2 works) · Elasticity (physics (2 works) · Engineering (2 works)