Credit Lines and the Liquidity Insurance Channel (2018), with Viral Acharya, Heitor Almeida, and Filippo Ippolito. Forthcoming, Journal of Money, Credit and Banking.
Bank Lines of Credit as Contingent Liquidity: A Study of Covenant Violations and their Implications (2018), with Viral Acharya, Heitor Almeida, and Filippo Ippolito. Forthcoming, Journal of Financial Intermediation. Earlier version: ECB Working Paper No. 1702 (2014)
The Transmission of Monetary Policy through Bank Lending: The Floating Rate Channel (with Ali Ozdagli and Filippo Ippolito), Journal of Monetary Economics (2018), vol. 95, 49-71.
Credit Constraints, Firms' Precautionary Investment, and the Business Cycle, Journal of Monetary Economics (2016), vol.78, 112–131.
Credit lines as monitored liquidity insurance: Theory and evidence (with Viral Acharya, Heitor Almeida, and Filippo Ippolito), Journal of Financial Economics (2014), 112(3), 287-319.
Financial Innovation, Macroeconomic Stability and Systemic Crises (with Prasanna Gai, Sujit Kapadia, and Stephen Millard), Economic Journal (2008), vol. 118, 527, 401-426.
Work in Progress
“Which Financial Shocks Drive the Business Cycle?”, with Andrea Ajello and Jonathan Goldberg.
"Aggregate Liquidity, Financial Constraints and Investment"
“Debt Covenants and Macroeconomic Dynamics”, with Pedro Gete, Francois Gourio, and Ali Ozdagli.
Other Publications (non-refereed)
Francisco Palomino, Stephen Paolillo, Gerardo Sanz-Maldonado, and Ander Perez-Orive (2019). "The Information in Interest Coverage Ratios of the US Nonfinancial Corporate Sector," FEDS Notes. Washington: Board of Governors of the Federal Reserve System (January 2019).
Kumbhat, Ashish, Francisco Palomino, and Ander Perez-Orive (2017). "The Potential Increase in Corporate Debt Interest Rate Payments from Changes in the Federal Funds Rate," FEDS Notes. Washington: Board of Governors of the Federal Reserve System (November 2017).
Comments on "Optimal Monetary Policy in an Estimated DSGE Model with Financial Frictions", by P. Gelain, D. Rodriguez-Palenzuela and B. Vilagi, Moneda y Crédito 232 (2011), pp. 333-337.