Professor of Economics (SNAM Chair)
Department of Economics and Finance
Viale Romania, 32
00197 Rome (Italy)

Research Affiliate
Via Sallustiana, 62
00187 Rome (Italy)



Accepted for publication in the International Journal of Industrial Organization 

Cheap Trade Credit and Competition in Downstream Markets, with Mariassunta Giannetti and Nicolas Serrano-Velarde
Journal of Political Economy, (2021) 129(6), 1744-1796

RAND Journal of Economics, (2019) 50(1), 168-200 -- Online appendix 

Lending Standards over the Cycle, with Giacomo Rodano and Nicolas Serrano-Velarde 

Review of Financial Studies, (2018) 31(8), 2943-2982 -- Online appendix 

Bankruptcy Law and Bank Financing, with Giacomo Rodano and Nicolas Serrano-Velarde 

Journal of Financial Economics, (2016) 120(2), 363-382 -- Online appendix

Sovereign Debt and Reserves with Liquidity and Productivity Crises, with Flavia Corneli 

Journal of International Money and Finance, (2016) 65, 166-194

Vertical Integration, Foreclosure, and Productive Efficiency, with Markus Reisinger

RAND Journal of Economics, (2015) 46(3), 461-470 -- Online appendix

The Value of Transparency in Multidivisional Firms, with Salvatore Piccolo and Giovanni Ursino

International Journal of Industrial Organization, (2015) 41, 9-18.

Conversation with Secretswith Bernhard Ganglmair 

RAND Journal of Economics, (2014) 45(2), 273-302 -- Online appendix

Economic Inquiry, (2014) 53(1), 604-623

Journal of Banking & Finance, (2013) 37(7), 2490-2500

Telecommunications Policy, (2013) 37(1), 1-12

A Note on Vertical Search Engines Foreclosure 

In Recent advances in the analysis of competition policy and regulation, edited by J. Harrington and Y. Katsoulacos, E. Elgar (2012)

Working Papers

Learning when to Quit: An Empirical Model of Experimentation in Standards Development, with Bernhard Ganglmair and Tim Simcoe. Revise and Resubmit, American Economic Journal: Microeconomics

Representation is Insufficient For Selecting Gender Diversity, with Justus Baron, Bernhard Ganglmair, Nicola Persico and Tim Simcoe. 

Credit Conditions when Lenders are Commonly Owned, with Mattia Colombo and Laura Grigolon. 

Shelving or Developing? The Acquisition of Potential Competitors under Financial Constraints, with Chiara Fumagalli and Massimo Motta.