Publications
Working Papers
- Optimal Fiscal and Monetary Policy with Collateral Constraints, Journal of Economic Dynamics and Control, Volume 161, 104825, April 2024.
- Credit Markets, Relationship Lending, and the Dynamics of Firm Entry (with Paolo Giordani, Raoul Minetti, and Pierluigi Murro), Review of Economic Dynamics, 51: 343-369, December 2023.
- Liquidity and Discipline. Bank Due Diligence over the Business Cycle (with Sotirios Kokas, Raoul Minetti and Marco Di Pietro), Journal of the European Economic Association, 20(5), 2136-2180, October 2022.
- Recessions and Recoveries: Multinational Banks in the Business Cycle (with Raoul Minetti, Maria Olivero and Giacomo Romanini), Journal of Monetary Economics, 117: 203-219, January 2021.
- Credit Crunches, Asset Prices, and Technological Change (with Luis Araujo, Raoul Minetti, and Pierluigi Murro), Review of Economic Dynamics, 32: 153-179, April 2019.
Working Papers
- Banking on Experience (with Hans Degryse, Sotirios Kokas, and Raoul Minetti), reject and resubmit, The Review of Corporate Finance Studies. [PDF]
- Global Banks and Macroeconomic Stability. Liquidity, Control, and Monitoring (with Elton Beqiraj, Ralph De Haas, and Raoul Minetti). [PDF]
- Persistent Slumps: Innovation and the Credit Channel of Monetary Policy (with Elton Beqiraj, Raoul Minetti, and Giulio Tarquini). [PDF]
- Adverse Selection, Liquidity Shortage, and Government Liquidity Facilities. [PDF]
- The Sovereign-Bank Nexus and the Inflation Channel (with Raoul Minetti and Nick Rowe). [PDF}