Publications

• Liquidity and Discipline. Bank Due Diligence over the Business Cycle​  (with Sotirios Kokas, Raoul Minetti and Marco Di Pietro), forthcoming, Journal of the European Economic Association.      ​

​​             [Published version]    [Working paper]    

• 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.   

​             [Published version]    [Working paper]

• Credit Crunches, Asset Prices, and Technological Change (with Luis Araujo, Raoul Minetti, and Pierluigi Murro), Review of Economic Dynamics, 32: 153-179, April 2019.

             [Published version]    [Working paper]


Working papers and work in progress​

• ​Optimal Fiscal and Monetary Policy with Collateral Constraints​.  [PDF]
• Credit Markets, Relationship Banking, and Firm Entry (with Paolo Giordani, Raoul Minetti and Pierluigi Murro).  [PDF]​
• ​Inflation and Revaluation of Bank Balance Sheets.  [PDF]​
• Adverse Selection, Liquidity Shortage, and Government Liquidity Facilities. 

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