Research

Working Papers

"What did We Learn from Credit Registries Around the World?" with J.L. Peydro and E. Sette.

"Climate Risk, Bank Lending and Monetary Policy" with C. Altavilla, M. Boucinha and M. Pagano.

"Loan Guarantees, Bank Lending and Credit Risk Reallocation" with C. Altavilla, A. Ellul, M. Pagano and T. Vlassopoulos. Revise & Resubmit at the Journal of Financial Economics.

"Risk Mitigating Versus Risk Shifting: Evidence from Banks Security Trading in Crises" with J.L. Peydro, E. Sette and V. Vanasco. Winner of the 2021 ECGI Finance Prize (Best paper in the Finance Working Paper series). Jury: M. Burkart, F. Allen, J. Franks, M. Pagano, X. Vives & L. Zingales. Revise & Resubmit at the Review of Financial Studies.

“Hedger of Last Resort: Evidence from Brazil on FX Interventions, Local Credit and Global Financial Cycles” with R. Borbone, D. Khametshin and J.L. Peydro. Revise & Resubmit at the Journal of Finance.

Journal Articles

 "Expansionary Yet Different: Credit Supply and Real Effects of Negative Interest Rate Policy" with M. Bottero, C. Minoiu, A. Presbitero, J.L. Peydro and E. Sette. Journal of Financial Economics, 146 (2): 754-778, 2022.

"Should Shareholders Have a Say on Acquisitions?" with M. Becht and S. Rossi. Journal of Applied Corporate Finance, 33(1): 48-5, 2021.

"Monetary Policy at Work: Security and Credit Application Registers Evidence" with J. L. Peydro and E. Sette. Journal of Financial Economics, 140(3): 789-814, 2021.

“Regulatory Sanctions and Reputational Damage in Financial Markets” with J. Armour and C. Mayer. Journal of Financial and Quantitative Analysis, 52(4): 1-20, 2017.

"Does Mandatory Shareholder Voting Prevent Bad Acquisitions?" with M. Becht and S. Rossi. Review of Financial Studies, 29 (11): 3035-3067, 2016.

"Double Bank Runs and Liquidity Risk Management" with F. Ippolito, J. L. Peydro and E. Sette. Journal of Financial Economics, 122 (1): 135-154, 2016.

Edited Book

Finance and Investment: The European Case co-edited with C. Mayer, S. Micossi, M. Onado and M. Pagano. Oxford, UK: Oxford University Press, 2018.

Other

“Naming and Shaming: Evidence from Event Studies” with J. Armour and C. Mayer. In Cambridge Handbook of Compliance edited by y D. Sokol & B. van Rooij. Cambridge, UK: Cambridge University Press,  2020.

“Securities Trading and Lending in Banks” with J.L. Peydro and E. Sette. In Finance and Investment: The European Case edited by C. Mayer, S. Micossi, M. Onado, M. Pagano and A.Polo. Oxford, UK: Oxford University Press, 2018.

"Restarting European Long-Term Investment Finance: A Green Paper Discussion Document" with A. Giovannini, C. Mayer, S. Micossi, C. Di Noia, M. Onado and M. Pagano. London, UK: CEPR Press, 2015.