Research

Publications

Managers as Knowledge Carriers: Explaining Firms' Internationalization Success with Manager Mobility, with Pierpaolo Parrotta, Davide Sala, Erdal Yalcin. Accepted for publication in Journal of International Economics. [Paper] [Replication Files] [Older WP Version

Markups and Financial Shocks, with Ana C. Soares. Accepted for publication in Economic Journal. [Paper] [WP Version]

The impact of US tariffs against China on US imports: evidence for trade diversion?, with Simone Cigna, Patrick Schulte, and Nils Steinhoff. Economic Inquiry, 60, January 2022, 162-173 . [Paper] [WP Version] [Online Appendix] [Replication Package]

Firm Heterogeneity and Aggregate Business Services Exports: Micro Evidence from Belgium, France, Germany and Spain, with Andrea Ariu, Elena Biewen, Sven Blank, Guillaume Gaulier, María Jesus González, Daniel Mirza, Cesar Martín, and Patry Tello. The World Economy, 42, February 2019, 564-589. [Paper]

International Trade and Retail Market Performance and Structure: Theory and Empirical Evidence, with Horst Raff. Journal of International Economics, 115, November 2018, 99-114. [Paper] [Stata files]

To Sign or not to Sign? On the Response of Prices to Financial and Uncertainty Shocks, with Oke Röhe. Economics Letters, 171, October 2018, 189-192. [Paper]

On Measuring Uncertainty and its Impact on Investment: Cross-country Evidence from the Euro Area, with Oke Röhe. European Economic Review, 92, February 2017, 161--179. [Paper] [Matlab files]

Markup Responses to Chinese Imports. Economics Letters, 141, April 2016, 122-124. [Paper]

Export Spillovers: Opening the Black Box, with Eliane Choquette. The World Economy, 38(12), December 2015, 1912-1946. [Paper]

Sunk Costs of Exporting and the Role of Experience in International Trade. Canadian Journal of Economics, 48(1), February 2015, 335-367. [Paper]

Elasticity of Substitution and Anti-dumping Decisions, with Jørgen Drud Hansen and Jørgen Ulff-Møller Nielsen. Review of World Economics, 150(4), November 2014, 787-816. [Paper] [Stata files]


Working Papers and Policy Briefs

The Implications of Globalisation for the ECB Monetary Policy Strategy, ECB Strategy Review: Work stream on Globalisation. ECB Occasional Paper No. 263, September 2021. [Link]

Key Factors behind Productivity Trends in EU Countries, ECB Strategy Review: Work stream on productivity, innovation and technological progress. ECB Occasional Paper No. 268, September 2021. [Link]

Regional economic impact of Covid-19: The role of sectoral structure and trade linkages, with Ottavia Papagalli and Roberta Serafini. ECB Working Paper No 2528, 2021. [Paper]

The economic impact of the pandemic – drivers of regional differences, with Ottavia Papagalli and Roberta Serafini. ECB Economic Bulletin, Issue 1/2021. [Link]

The effects of tariff hikes in a world of global value chains. ECB Economic Bulletin, Issue 8/2019. [Link]

Business Investment in EU countries, WGEM Team on Investment. ECB Occasional Paper Series No. 215, October 2018. [Paper]

Assessing the Financial and Financing Conditions of Firms in Europe: the Financial Module in CompNet, with Annalisa Ferrando, Carlo Altomonte, Sven Blank, Matteo Iudice, Marie-Hélène Felt, Katja Neugebauer, and Iulia Siedschlag. ECB Working Paper 1836. [Paper]

Micro-based Evidence of EU Competitiveness: the CompNet Database, CompNet Task Force, ECB Working Paper 1634, 2014. [Paper]

Goods Follow Bytes: The Impact of ICT on EU Trade, with Anselm Mattes and Ferdinand Pavel. DIW Discussion Paper 1182, 2012. [Paper]