Global Financial Cycle, Household Credit, and Macroprudential Policies (with Mircea Epure, Irina Mihai, and Jose-Luis Peydro). November 2024, Management Science.
Serving the Underserved: Microcredit as a Pathway to Commercial Banks (with Sumit Agarwal, Thomas Kigabo, Andrea Presbitero, and Andre Silva). June 2023, Review of Economics and Statistics. Video summary Journal link
Expansionary Yet Different: Credit Supply and Real Effects of Negative Interest Rate Policy (with Margherita Bottero, Jose-Luis Peydro, Andrea Polo, Andrea Presbitero, and Enrico Sette). Cited by Philip R. Lane in his 2019 keynote speech on "Monetary policy and below-target inflation." November 2022, Journal of Financial Economics. Ranked in the top 10 of the most influential policy papers (by # policy citations) in this Financial Times article.
Bank Lending in the Knowledge Economy (with Giovanni Dell'Ariccia, Dalida Kadyrzhanova, and Lev Ratnovski). October 2021. Review of Financial Studies. Featured in: Stephen Cecchetti's "Financing intangible capital" (2018).
Shock Transmission through Cross-Border Bank Lending: Credit and Real Effects (with Galina Hale and Tümer Kapan). December 2019, Review of Financial Studies. Cited by: Stanley Fischer in keynote speech on “Financial stability and shadow banks: What we don’t know could hurt us” (2015).
Balance Sheet Strength and Bank Lending: Evidence from the Global Financial Crisis (with Tümer Kapan) Journal of Banking and Finance, 2018. Online appendix Cited by: Simon Johnson in Bloomberg; Admati et al. (2013), Admati (2014).
Financial Crises and the Composition of Cross-Border Lending (with Eugenio Cerutti and Galina Hale) Journal of International Money and Finance, 2015.
Does Financial Connectedness Predict Crises? (with Chanhyun Kang, VS Subrahmanian, and Anamaria Berea) Quantitative Finance, 2015. Online appendix.
A Network Analysis of Global Banking: 1978–2010 (with Javier Reyes) Journal of Financial Stability, 2013.
Liquidity Shocks and the Supply of Credit After the 2007-08 Crisis (with Tümer Kapan) International Journal of Finance and Economics, 2014. Data appendix
Corporate Investment and the Real Exchange Rate (with Mai Dao and Jonathan Ostry). July 2021. Journal of International Economics. Online Appendix. Data Appendix.
Monetary Policy and Bank Lending in Developing Countries: Loan Applications, Rates, and Real Effects (with Charles Abuka, Ronnie Alinda, Jose-Luis Peydro and Andrea Presbitero), Journal of Development Economics, Vol. 139, 2019.
Armed Conflict, Household Victimization, and Child Health in Côte d'Ivoire (with Olga Shemyakina) Journal of Development Economics, Vol. 108, 2014. Data appendix Results appendix
Business Cycle Fluctuations, Large Macroeconomic Shocks, and Development Aid (with Era Dabla-Norris and Felipe Zanna) World Development, Vol. 69, 2015. Online appendix
Child Health and Conflict in Côte d’Ivoire (with Olga Shemyakina) American Economic Review, Papers and Proceedings Vol. 102(3), 2012. Data files
Global Poverty Estimates: A Sensitivity Analysis (with Shatakshee Dhongde) World Development, Vol. 44, 2013.
Kernel Density Estimation on Grouped Data: The Case of Poverty Assessment (with Sanjay Reddy) Journal of Economic Inequality Vol. 12, 2014. Online appendix Software and documentation
Development Aid and Economic Growth: A Positive Long-Run Relation (with Sanjay Reddy) Quarterly Review of Economics and Finance Vol. 50, 2010. Data files.
Real Income Stagnation of Countries: 1960-2001 (with Sanjay Reddy) Journal of Development Studies Vol. 45, 2009.
Estimating Poverty and Inequality from Grouped data: How Well Do Parametric Methods Perform? (with Sanjay Reddy) Journal of Income Distribution Vol. 18, 2009. Software
Chinese Poverty: Assessing the Impact of Alternative Assumptions (with Sanjay Reddy) Review of Income and Wealth Vol. 54, 2008.
Risk Insurance in A Transition Economy: Evidence from Romania (with Delphine Irac) Economics of Transition Vol. 15, 2007.
Has World Poverty Really Fallen? (with Sanjay Reddy) Review of Income and Wealth Vol. 53, 2007.