Research

 
Publications in refereed journals:
 
"Financial Integration and Liquidity Crises" (with Fabio Feriozzi and Guido Lorenzoni),
Management Science, forthcoming. [Pdf]

"Liquidity Coinsurance and Bank Capital" (with Fabio Feriozzi, Gyöngyi Lóránth and Loriana Pelizzon),
Journal of Money, Credit and Banking, March-April 2014, 46(2-3): 409-443. [Pdf]
 
"On the Efficiency of Bilateral Interbank Insurance" (with Wolf Wagner),
Journal of Financial IntermediationApril 2013, 22(2): 177-200. [Pdf]
 
"On the Determinants of TFP Growth: Evidence from Spanish Manufacturing Firms" (with Carmine Ornaghi),
Macroeconomic Dynamics, March 2013, 17(3). [Pdf]
 
"Turning Bagehot on His Head: Lending at Penalty Rates when Banks Can Become Insolvent" (with Wolf Wagner),
Journal of Money, Credit and Banking, February 2012, 44(1): 201-219. [Pdf]
 
"Liquidity Coinsurance, Moral Hazard and Financial Contagion" (with Sandro Brusco),
Journal of Finance, October 2007, 62 (5): 2275-2302. [Pdf]
 
"Financial Contagion and the Role of the Central Bank",
Journal of Banking and Finance, January 2007, 31 (1): 81-101. [Pdf]
 
 
Working Papers:

"Liquidity Flows in Interbank Networks" (with Mario Eboli). Revise and resubmit [Pdf]

"Bank Information Sharing and Liquidity Risk"(with Zhao Li and Kebin Ma). [Pdf]
 
"(In)Efficient Interbank Network" (with Noemi Navarro). [Pdf]

"Credit Market Competition and Liquidity Provision" (with Anton van Boxtel and Fabio Feriozzi). [Under revision]
 
 
Other publications:
 
"Discussion of 'Bank Bonuses and Bail-Outs'",
Journal of Money, Credit and Banking, February 2014, 46(1): 289-293. [Pdf]
 
"Financial Intermediation and Liquidity",
Rivista di Politica Economica, January-March 2013, CII(III): 7-36. Invited article. [Pdf]
 
"Il miracolo possibile: un programma per l'economia italiana" (with Franco Modigliani and Mario Baldassarri),
Roma-Bari, Laterza, 1996. [Link]