Christian Lamonaca

Public Credit Guarantees, Financial Frictions, and Macroeconomic Stabilization: Evidence from Italy in the 2020–2022 Emergency Period

CLIFF SGR Research Center Working Paper No. 2026-01. This version was presented at the International Conference in Banking and Financial Studies (ICBFS 2026), University of Parma, 10 September 2026. A revised version is in preparation. Comments are welcome: research@cliffsgr.it....