The Bank of Italy released two new Working Papers, four new Occasional Papers and No. 78 of its Newsletter on economic research, spanning topics from credit conditions and investment incentives to the application of large language models in supervisory settings. Working Paper No. 1486 examines asset revaluations and credit conditions, while Working Paper No. 1487 assesses the impact of the tax credit for investments in Southern Italy over 2016–2020. The Occasional Papers cover a multi-step prompt approach for large language model-based Q&As on banking supervisory regulations (No. 935), changes in the semiconductor ecosystem amid sanctions and subsidies (No. 934), whether households’ knowledge of current inflation matters (No. 933), and fragmentation and the future of global value chains (No. 932).