(Refereed publications are numbered)

INTERNATIONAL ECONOMICS (Firm Heterogeneity in Open Economies, Trade and Foreign Direct Investment, Empirical Studies of Capital Flows, Global Inflation)

Journal of Economic Dynamics and Control, previously circulated as "What Happens when WalMart comes to your Country? Multinational Firms' Entry, Productivity, and Inefficiency," 

(12) An International Perspective on the Recent Behavior of Inflation, with Li Li and Pierangelo De pace,
Federal Reserve Bank of St. Louis Review,
86(4) September 2014.

(11) International Trade, Female Labor, and Female Entrepreneurship in MENA countries  (refereed), with Francesca De Nicola and Li Li,
in "Middle East and African Countries: Economic and Political Perspectives in the Aftermath of the Arab Spring," edited by Altomonte and Ferrara (2014), Edward Elgar Publishing.

(10) The Cyclical Properties of Disaggregated Capital Flows, with Pierangelo De Pace and Johanna Francis.
Journal of International Money and Finance, February 2013, Volume 32, pages 528-555. pdf 

(9) (Non-) Resiliency of FDI in the United States during the 2007-09 Financial Crisis,  with Pierangelo De Pace,
 Pacific Economic Review, 2012, Vol. 17, Issue 3, pp. 368-390.

(8) Changes in the second-moment properties of disaggregated capital flows, with Pierangelo De Pace and Johanna Francis,
Federal Reserve Bank of St. Louis Review, May/June 2012.

(6) Do European Capital Flows Comove? , with Pierangelo De Pace,
North American Journal of Economics and Finance, August 2009, 20(2), pp. 145-61.

(5) FDI, Productivity and Country Growth, with Ariel Weinberger,
Federal Reserve Bank of St. Louis Review, March/April 2009, 91(2), p. 61-78.


(4) How did the Financial Crisis Alter the Correlations of U.S. Yield Spreads? with Massimo Guidolin and Pierangelo De Pace,
Journal of Empirical Finance, 2014, September.

(3) Understanding the Accumulation of Bank and Thrift Reserves during the U.S. Financial Crisis, with Su-Hsin Chang and Johanna Francis,
Journal of Economic Dynamics and Control, June 2014.

(2) US Commercial Bank Lending through 2008:Q4: New Evidence from Gross Credit Flows 1999-2008, with Johanna Francis,
Economic Inquiry, Volume 51, Issue 1, pages 428–444, January 2013.

(1) TARP beneficiaries and their Lending Patterns during the Financial Crisis, with Johanna Francis,
Federal Reserve Bank of St. Louis Review, March/April 2011, 93(2), pp. 105-126.
  • Aggregate Shocks and the Two Sides of Credit Reallocation, with Riccardo Di Cecio and Johanna Francis, January 2015 draft available, please email if interested
  • Risk Migration in Fixed Income Markets, with Pierangelo De Pace
  • Choy, Lai, and Ng (ASSA, 2015) pdf
  • Chi and Sarolli (SEA, 2014)
  • Stebunovs and Lee (FRS Meeting, Regional, 2011)
  • Carlson et al. (FRS Meeting, Applied Micro, 2011)
  • De Pace (EU Studies Association, 2008)
  • Crowley (EU Studies Association, 2008)
  • Ghironi and Stebunovs (FRS Meeting, Macro 2008)


Geographical Patterns in the Location of FDI: Evidence from Central European Regions, ISLA-Bocconi Working Paper 3-2001.