Publications
The Design and Transmission of Central Bank Liquidity Provisions, with M. Crosignani, Journal of Financial Economics 141, 2021 (link)
International Spillovers of Monetary Policy: Evidence from France and Italy, with J. Schmidt, M. Caccavaio and G. Marinelli, Journal of International Money and Finance 89, 2018 (link; also circulated as ECB working paper)
Credit Supply during a Sovereign Debt Crisis, with M. Bofondi and E. Sette, Journal of the European Economic Association 16, 2018 (link)
International Banking and Cross-Border Effects of Regulation: Lessons from Italy, with M. Caccavaio and G. Marinelli, International Journal of Central Banking 13, 2017 (link, IBRN website)
International Banking and Liquidity Risk Transmission: the Italian case, with M. Caccavaio, G. Marinelli, E. Sette, IMF Economic Review 63, 2015 (link, Voxeu column on the IBRN project)
Policy papers
An Examination of the Domestic Macroeconomic Consequences of the United States' Trade Policies, with S. Santoro, Bank of Italy Occasional Paper no. 965, 2025
The Great Divide: Productivity Dynamics in the United States and the euro area after the Pandemic, with R. Greco, S. Romano, L. Rossi and E. Viviano) Bank of Italy Occasional Paper no. 924, 2025
The management of non-performing loans: a survey among the main Italian banks, with G. Cascarino, S. Giacomelli and V. Vacca, Bank of Italy occasional paper no. 311, 2016
Access to credit in times of crisis: measures to support firms and households, with L. Bartiloro, P. Finaldi Russo and S. Pastorelli, Bank of Italy occasional paper no. 111, 2012
The real effects of banking crises: a survey of the literature, Bank of Italy occasional paper no. 55, 2009
Columns
Market participants versus rate-setters: a forecasting horse race, with F. Natoli, K. Pallara, L. Rossi, S. Santoro and M. Sfregola), Econbrowser, June 6th, 2024.
Strengthening Decision-making Processes to Address the Climate Challenge, with D. Franco, EconPol Forum 6/23, November 2023
The Covid-19 pandemic and the opacity of firms' and banks' balance sheets, with R. Gallo and F. Palazzo, Bank of Italy Covid note,15 June 2020
Unpublished working papers & mimeos
Non-performing loans and the supply of bank credit: evidence from Italy, with M. Accornero, P. Alessandri, and A. M. Sorrentino, Bank of Italy occasional paper no. 374, 2017 (link)
Determinants of Loan Quality Deterioration: A Cross-Country Analysis, with G. Cappelletti and A. Carella, mimeo