Essec\Faculty\Model\Contribution {#2216 ▼
#_index: "academ_contributions"
#_id: "15473"
#_source: array:26 [
"id" => "15473"
"slug" => "15473-the-impact-of-covid-19-on-italian-sovereign-bond-market-quality"
"yearMonth" => "2025-01"
"year" => "2025"
"title" => "The Impact of COVID-19 on Italian Sovereign Bond Market Quality"
"description" => "FERRARA, G., FLORA, M. et RENO, R. (2025). The Impact of COVID-19 on Italian Sovereign Bond Market Quality. <i>Journal of Financial Services Research</i>, In press. 
FERRARA, G., FLORA, M. et RENO, R. (2025). The Impact of COVID-19 on Italian Sovereign Bond Market Q "
"authors" => array:3 [
0 => array:3 [
"name" => "RENO Roberto"
"bid" => "B00798674"
"slug" => "reno-roberto"
]
1 => array:1 [
"name" => "Ferrara Gerardo"
]
2 => array:1 [
"name" => "Flora Maria"
]
]
"ouvrage" => ""
"keywords" => array:4 [
0 => "Auction premium"
1 => "COVID-19"
2 => "Monetary policy"
3 => "Bond markets"
]
"updatedAt" => "2025-03-12 08:36:06"
"publicationUrl" => "https://doi.org/10.1007/s10693-024-00437-7"
"publicationInfo" => array:3 [
"pages" => ""
"volume" => "In press"
"number" => ""
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "We study the market quality of Italian sovereign bonds during the COVID-19 pandemic, revealing its direct impact (represented by COVID-19 hospitalizations) and its indirect impact (channeled by the ECB monetary policy) on heightened volatility and deteriorated liquidity conditions during the first COVID-19 wave. We also uncover an additional channel by which the pandemic was costly for taxpayers: the surge of the auction premium. Our analysis shows that subsequent monetary policy measures effectively reduced volatility and the size of the premium during the second wave of the pandemic. We study the market quality of Italian sovereign bonds during the COVID-19 pandemic, revealing its d "
"en" => "We study the market quality of Italian sovereign bonds during the COVID-19 pandemic, revealing its direct impact (represented by COVID-19 hospitalizations) and its indirect impact (channeled by the ECB monetary policy) on heightened volatility and deteriorated liquidity conditions during the first COVID-19 wave. We also uncover an additional channel by which the pandemic was costly for taxpayers: the surge of the auction premium. Our analysis shows that subsequent monetary policy measures effectively reduced volatility and the size of the premium during the second wave of the pandemic. We study the market quality of Italian sovereign bonds during the COVID-19 pandemic, revealing its d "
]
"authors_fields" => array:2 [
"fr" => "Systèmes d'Information, Data Analytics et Opérations"
"en" => "Information Systems, Data Analytics and Operations"
]
"indexedAt" => "2025-04-05T12:21:40.000Z"
"docTitle" => "The Impact of COVID-19 on Italian Sovereign Bond Market Quality"
"docSurtitle" => "Journal articles"
"authorNames" => "<a href="/cv/reno-roberto">RENO Roberto</a>, Ferrara Gerardo, Flora Maria"
"docDescription" => "<span class="document-property-authors">RENO Roberto, Ferrara Gerardo, Flora Maria</span><br><span class="document-property-authors_fields">Information Systems, Data Analytics and Operations</span> | <span class="document-property-year">2025</span> <span class="document-property-authors">RENO Roberto, Ferrara Gerardo, Flora Maria</span><br><span c "
"keywordList" => "<a href="#">Auction premium</a>, <a href="#">COVID-19</a>, <a href="#">Monetary policy</a>, <a href="#">Bond markets</a> <a href="#">Auction premium</a>, <a href="#">COVID-19</a>, <a href="#">Monetary policy</a>, <a href= "
"docPreview" => "<b>The Impact of COVID-19 on Italian Sovereign Bond Market Quality</b><br><span>2025-01 | Journal articles </span> <b>The Impact of COVID-19 on Italian Sovereign Bond Market Quality</b><br><span>2025-01 | Journal ar "
"docType" => "research"
"publicationLink" => "<a href="https://doi.org/10.1007/s10693-024-00437-7" target="_blank">The Impact of COVID-19 on Italian Sovereign Bond Market Quality</a> <a href="https://doi.org/10.1007/s10693-024-00437-7" target="_blank">The Impact of COVID-19 on Itali "
]
+lang: "en"
+"_type": "_doc"
+"_score": 8.652633
+"parent": null
}
