Special Issues 2019

"Skills and competences in maritime logistics: managerial and organizational emerging issues for human resources"

The Call for Abstracts is available here.

Abstracts submission deadline: 15.2.2019 extended! 5.3.2019. Full papers submission deadline: 15.5.2019. Abstracts and full papers will undergo double blind review.

The Special Issue will be published in Septembre 2019.

 

"Studying organizations: identity, pluralism and change"

The proposal has a strong and direct connection with the annual Workshop of Researchers in the Organizational Field.

The Call for Papers is available here.

Full papers submission deadline: 15.4.2019. Full papers will undergo double blind review.

The Special Issue will be published in May 2019.

L'andamento del tasso interbancario e dei margini dell'attività di impiego e di raccolta delle banche

Essays
On issue: 
Field: 
Banking
Authors: 
Abstract: 

The paper examines the response of the average rate on short term lending and on deposits to the three-month interbank rate shocks in Italy in the period 1988 - 2004. The way in which a change of the monetary interest rate is transmitted to bank rates is important for its consequences on profit margins. Author’s major findings: a) there is a high correlation between the bank interest rates and the three-month interbank rate; b) banks adjust very differently their loan and deposit prices in the short run, because of a higher degree of stickiness in deposits interest rates ; consequently , in a period of monetary easing ( or tightening) , the profit margin diminishes (increases); c) in the long run the mark-up on short term lending doesn’t seem to change; on the other hand the mark-down on deposits declined from 3,89 p.p. to 1,28 p.p.