Valentina Michelangeli

Bank of Italy

Research Fellow

Via Nazionale 91

Rome, 00184

Italy

SCHOLARLY PAPERS

19

DOWNLOADS
Rank 48,786

SSRN RANKINGS

Top 48,786

in Total Papers Downloads

2,195

TOTAL CITATIONS
Rank 14,150

SSRN RANKINGS

Top 14,150

in Total Papers Citations

94

Scholarly Papers (19)

1.

Indicators of Financial Vulnerability: A Household Level Study

Bank of Italy Occasional Paper No. 369
Number of pages: 20 Posted: 17 Mar 2017
Valentina Michelangeli and Cristiana Rampazzi
Bank of Italy and Bank of Italy
Downloads 286 (230,540)
Citation 5

Abstract:

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household vulnerability, debt service, financial margin

2.

Can Internet Banking Affect Households' Participation in Financial Markets and Financial Awareness?

Bank of Italy Temi di Discussione (Working Paper) No. 1329
Number of pages: 63 Posted: 25 May 2021
Eliana Viviano and Valentina Michelangeli
Bank of Italy and Bank of Italy
Downloads 245 (269,790)
Citation 35

Abstract:

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Internet banking, financial market participation, household finance

3.

What Drives Investors to Chase Returns?

Bank of Italy Temi di Discussione (Working Paper) No. 1334
Number of pages: 64 Posted: 25 May 2021
Valentina Michelangeli, Jonathan Huntley and Felix Reichling
Bank of Italy, University of Pennsylvania - Penn Wharton Budget Model and Penn Wharton Budget Model
Downloads 215 (306,261)
Citation 1

Abstract:

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household finance, retirement saving, life-cycle

4.

A Microsimulation Model to Evaluate Italian Households’ Financial Vulnerability

Bank of Italy Occasional Paper No. 225
Number of pages: 34 Posted: 13 Feb 2015
Valentina Michelangeli and Mario Pietrunti
Bank of Italy and Bank of Italy
Downloads 212 (310,335)
Citation 8

Abstract:

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households’ vulnerability, debt, stress test

5.

Macroprudential Policy Analysis via an Agent Based Model of the Real Estate Sector

Bank of Italy Temi di Discussione (Working Paper) No. 1338
Number of pages: 57 Posted: 22 Jul 2021
Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 192 (340,357)
Citation 5

Abstract:

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agent based model, housing market, macroprudential policy

How Does Bank Capital Affect the Supply of Mortgages? Evidence from a Randomized Experiment

Bank of Italy Temi di Discussione (Working Paper) No. 1051
Number of pages: 51 Posted: 12 May 2016
Valentina Michelangeli and Enrico Sette
Bank of Italy and Bank of Italy
Downloads 116 (521,079)
Citation 19

Abstract:

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mortgages, banks, household finance, randomized experiment

How Does Bank Capital Affect the Supply of Mortgages? Evidence from a Randomized Experiment

BIS Working Paper No. 557
Number of pages: 44 Posted: 08 Apr 2016
Valentina Michelangeli and Enrico Sette
Bank of Italy and Bank of Italy
Downloads 61 (783,820)

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Mortgages, banks, household finance, randomized experiment

7.

A Micro-founded Climate Stress Test on the Financial Vulnerability of Italian Households and Firms

Bank of Italy Occasional Paper No. 639
Number of pages: 34 Posted: 09 Nov 2021
Ivan Faiella, Luciano Lavecchia, Alessandro Mistretta and Valentina Michelangeli
Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 160 (400,353)
Citation 10

Abstract:

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climate change, carbon tax, climate stress test, financial vulnerability

8.

Modelling Italian Firms’ Financial Vulnerability

Bank of Italy Occasional Paper No. 293
Number of pages: 38 Posted: 25 Feb 2016
Antonio De Socio and Valentina Michelangeli
Bank of Italy and Bank of Italy
Downloads 101 (574,053)
Citation 2

Abstract:

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firms’ vulnerability, debt, stress test

9.

Information or Persuasion in the Mortgage Market: The Role of Brand Names

Bank of Italy Temi di Discussione (Working Paper) No. 1340
Number of pages: 74 Posted: 22 Jul 2021
Valentina Michelangeli and Agnese Carella
Bank of Italy and Bank of Italy
Downloads 88 (626,982)
Citation 1

Abstract:

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brand, mortgages, household finance

10.

What Can We Learn About Mortgage Supply from Online Data?

Bank of Italy Occasional Paper No. 583
Number of pages: 41 Posted: 10 Dec 2020
Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 88 (626,982)
Citation 4

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mortgage, experimental data, risk-taking, nowcasting

11.

Interdependence Between Assets and Liabilities in the Banking System: Changes in the Last Two Decades

Bank of Italy Occasional Paper No. 752
Number of pages: 35 Posted: 31 May 2023
Valentina Michelangeli and Piersanti Fabio Massimo
Bank of Italy and Bank of Italy
Downloads 81 (658,833)

Abstract:

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asset-liability management, banks, interdependence index

12.

Il miglioramento dell’efficienza energetica delle abitazioni in Italia: lo stato dell’arte e alcune considerazioni per gli interventi pubblici (Improving the Energy Efficiency of Homes in Italy: The State of the Art and Some Considerations for Public Intervention)

Bank of Italy Occasional Paper No. 845
Number of pages: 51 Posted: 31 May 2024
Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 79 (668,522)

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energy efficiency, buildings, environmental policy, energy poverty, EPC, energy performance certificates, tax incentives, public expenditure

13.

Climate-Related Risks for Italy: An Analysis Based on the Latest NGFS Scenarios

Bank of Italy Occasional Paper No. 847
Number of pages: 30 Posted: 03 Jun 2024
Maria Alessia Aiello, Cristina Angelico, Pietro Cova and Valentina Michelangeli
Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 76 (683,432)

Abstract:

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NGFS scenarios, climate change, climate stress test, scenario analysis, environmental policy

14.

The Expansion of Consumer Credit in Italy and in the Euro Area: What Are the Drivers and the Risks?

Bank of Italy Occasional Paper No. 500, June 2019
Number of pages: 28 Posted: 10 Aug 2019
Silvia Magri, Valentina Michelangeli, Sabrina Pastorelli and Raffaella Pico
Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 76 (683,432)
Citation 4

Abstract:

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consumer loans, credit demand and supply, non-performing loans

15.

Nonlinear Programming Method for Dynamic Programming

NBER Working Paper No. w19034
Number of pages: 21 Posted: 11 May 2013 Last Revised: 06 Jul 2023
Ohio State University (OSU), Stanford University - The Hoover Institution on War, Revolution and Peace, University of Zurich, Bank of Italy and University of Chicago - Booth School of Business
Downloads 59 (782,530)

Abstract:

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16.

To Eat or to Heat: Are Energy Bills Squeezing People's Spending?

Bank of Italy Occasional Paper No. 800
Number of pages: 56 Posted: 02 Jun 2024
Andrea Colabella, Valentina Michelangeli, Luciano Lavecchia and Raffaella Pico
Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 25 (1,096,882)

Abstract:

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climate stress test, financial vulnerability, inflation, demand elasticity

17.

I divari territoriali nel ricorso delle imprese a moratorie e garanzie pubbliche durante la pandemia (Regional Divides in Firms’ Take-up of Bank Debt Moratoria and Public Guarantee Schemes During the Pandemic in Italy)

Bank of Italy Occasional Paper No. 736
Number of pages: 26 Posted: 30 May 2023
Bank of Italy, Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 22 (1,133,957)

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regional divide, Southern Italy, credit access, debt moratorium, public guarantee, Covid-19

18.

Is the Italian Green Mortgage Market Ready to Take Off?

Bank of Italy Occasional Paper No. 868
Number of pages: 37 Posted: 07 May 2025
Luigi Abate, Valeria Lionetti and Valentina Michelangeli
Banca d’Italia, Banca d’Italia and Bank of Italy
Downloads 10 (1,274,365)

Abstract:

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green mortgages, pricing, banking

19.

Credit Demand vs. Supply Channels: Experimental- and Administrative-Based Evidence

CEPR Discussion Paper No. DP15276
Number of pages: 59 Posted: 22 Sep 2020 Last Revised: 22 Sep 2021
Valentina Michelangeli, José-Luis Peydró and Enrico Sette
Bank of Italy, Imperial College London and Bank of Italy
Downloads 3 (1,323,139)
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Abstract:

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banks, credit, Mortgages, risk-taking, SMEs

Other Papers (1)

Total Downloads: 76
1.

Chasing Returns in Retirement Accounts: Do Learning, Literacy, and Experience Matter?

2019 Academic Research Colloquium for Financial Planning and Related Disciplines
Number of pages: 53 Posted: 20 Sep 2018
Jonathan Huntley, Valentina Michelangeli and Felix Reichling
University of Pennsylvania - Penn Wharton Budget Model, Bank of Italy and Penn Wharton Budget Model
Downloads 76

Abstract:

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behavioral, retirement, saving, household, life-cycle, 5500