Dr. Nicola Pavanini, Assistant Professor

Department of Finance, Tilburg University


  • Publications

”Asymmetric Information and Imperfect Competition in Lending Markets”, with Gregory Crawford and Fabiano Schivardi, (2018), American Economic Review, 108(7)

Media Coverage: VoxEu Column

”Do Leaders Affect Ethical Conduct?”, with Giovanna d’Adda, Donja Darai, and Roberto Weber, (2017), Journal of the European Economic Association, 15(6)


  • Working Papers

”Welfare and Redistribution in Residential Electricity Markets with Solar Power”, with Fabian Feger and Doina Radulescu, January 2020, CEPR Working Paper DP12517, Revise and resubmit at Review of Economic Studies

Media Coverage: Ökonomenstimme column (in German)

”Collateral and Asymmetric Information in Lending Markets”, with Vasso Ioannidou and Yushi Peng, August 2020, CEPR Working Paper DP13905

"The Value of "New" and "Old" Intermediation in Online Debt Crowdfunding", with Fabio Braggion, Alberto Manconi, and Haikun Zhu, December 2020, CEPR Working Paper DP14740

Media Coverage: CUHK Machine Lawyering blog column

“The Impact of Alternative Forms of Bank Consolidation on Credit Supply and Financial Stability”, with Sergio Mayordomo and Emanuele Tarantino, November 2020, CEPR Working Paper DP15069

”The (Unobserved) Value of Central Bank's Refinancing Operations”, with Ugo Albertazzi, Lorenzo Burlon, and Tomas Jankauskas, October 2020


  • Work in Progress

“Market Structure, Vertical Integration and Farmers' Welfare in the Costa Rica Coffee Industry”, with Fabrizio Leone, Rocco Macchiavello, and Josepa Miquel-Florensa

”The Value of Information in Relationship Lending”, with Giacomo Rodano, Enrico Sette, and Fabiano Schivardi

”The Shape of the Corporate Credit Crunch”, with Olivier Darmouni and Stephan Luck