Where Do Technology Shocks Come From? Public Funding and Private Ownership
with Joseba Martinez, Filippo Natoli & Paolo Surico
superseded version: The Public Origins of American Innovation (2025)
CEPR Discussion Paper 20788 VoxEU column
Policy coverage: Draghi's keynote speech; Media coverage: Financial Times, Economic Observatory.
Heterogeneous Oil Shocks and the Macroeconomy: Evidence from a New Narrative Database
with Piergiorgio Alessandri, Christiane Baumeister & Pascal Frank
Technical Change and Carbon Dynamics
with Diego Känzig & Paolo Surico
Flight to climatic safety: local natural disasters and global portfolio reallocation
Revision requested at IMF Economic Review
with Fabrizio Ferriani & Filippo Natoli
The International Transmission of Chinese Monetary Policy and the Commodity Channel
with Fabrizio Ferriani
Revision requested at Journal of International Money and Finance
Firm-Level Exposure to Geopolitical Risk: Economic and Financial Effects
with Alessandro D'Orazio & Fabrizio Ferriani
Carbon pricing in the EU: fundamentals or market sentiment?
with Marco Taboga
The macroeconomic effects of AI innovation
with Filippo Natoli
The Real Effects of Financial Uncertainty Shocks: A Daily Identification Approach
with Piergiorgio Alessandri & Alejandro Vicondoa
The Macroeconomic Effects of a Greener Technology Mix
Energy Economics, conditionally accepted
with Fabrizio Ferriani & Filippo Natoli
The Asymmetric Effects of Commodity Price Shocks in Emerging Economies
European Economic Review, Volume 183, March 2026, 105219
with Vincente Herrera & Alejandro Vicondoa
Natural gas and the macroeconomy: Not all energy shocks are alike
Journal of Monetary Economics, Volume 151, April 2025, 103749
with Piergiorgio Alessandri
[Online Appendix] [Gas supply shocks, updated December 2025]
The Impact of Trump's Victory on Equity Markets: The Power of Proximity
Economics Letters, Volume 247, February 2025, 112199
with Fabrizio Ferriani and Marco Taboga
Trade and Economic Activity: Non-Linear Modelling and Forecasting
Journal of Forecasting, Volume 44, January 2025, Issue 4
with Alessandro Borin & Michele Mancini
The European energy crisis and the consequences for the global natural gas market
The Energy Journal, January 2025, Volume 46, Issue 1
with Simone Emiliozzi & Fabrizio Ferriani
Journal of Monetary Economics, Volume 144, May 2024, 103547
with Fabrizio Venditti & Giovanni Veronese
[Online Appendix] [Codes for real-time decomposition of oil prices] [Daily shocks and decomposition of oil prices, updated January 2026]
The invasion of Ukraine and the energy crisis: Comparative advantages in equity valuations
Finance Research Letters, Volume 58, Part D, December 2023, 104604
with Fabrizio Ferriani
Macroeconomic news, the financial cycle and the commodity cycle: The Chinese footprint
Economics Letters, Volume 231, October 2023, 111269
with Flavia Corneli & Fabrizio Ferriani
Are the Effects of Uncertainty Shocks Big or Small?
European Economic Review, Volume 158, September 2023, 104525
with Piergiorgio Alessandri & Alejandro Vicondoa
[Online Appendix]
The impact of the war in Ukraine on energy prices: Consequences for firms’ financial performance
International Economics, Volume 174, August 2023, Pages 221-230
with Fabrizio Ferriani
Labor adjustment and productivity in the OECD
Review of Economic Dynamics, Volume 47, January 2023, Pages 111-130
with Maarten Dossche & Vivien Lewis
Benchmark Effects from the Inclusion of Chinese A-shares in the MSCI EM Index
Economics Letters, Volume 216, July 2022
with Stefano Antonelli, Flavia Corneli & Fabrizio Ferriani
Financial conditions indices for emerging market economies: Can Google help?
Economics Letters, Volume 216, July 2022
with Fabrizio Ferriani
News and Noise Bubbles in the Housing Market
Review of Economic Dynamics, Volume 36, April 2020, Pages 46-72