Research

PUBLICATIONS

The role of financing constraints and environmental policy on green investment, with Hélia Costa, Lilas Demmou and Stefan Lamp

(2024; Economics Letters)

A longer version, titled "Making the grass greener: the role of firm financial and managerial capacity in paving the green transition", has been published in 2024 as OECD Economics Department Working Papers No. 1791. 

Summary on SUERF and  OECD Ecoscope Blog.

Liquidity shortfalls during the Covid-19 outbreak: assessment and policy responses, with Lilas Demmou, Sara Calligaris and Dennis Dlugosch

(2022; Economie et Statistique / Economics and Statistics)

Also published in 2021 as OECD Economics Department Working Papers No. 1647. An earlier version, titled "Corporate sector vulnerabilities during the Covid-19 outbreak: assessment and policy responses", has been published in May and June 2020 as a note in the OECD Tackling Coronavirus Series and as an Issue Note in the OECD Economic Outlook, Volume 2020 Issue 1.

Summary on VoxEU.org, OECD Ecoscope Blog; additional material at the following dedicated web page.

Technological capacity and firms' recovery from Covid-19, with Sebastian Doerr, Magdalena Erdem, Leonardo Gambacorta and Ana Maria Illes

(2021; Economics Letters)

Also published as BIS Working Paper No. 965.

WORKING PAPERS

Employment dynamics across firms during COVID-19: the role of job retention schemes, with Sara Calligaris, Gabriele Ciminelli, Hélia Costa, Chiara Criscuolo, Lilas Demmou, Isabelle Desnoyers-James and Rudy Verlhac 

(2023; OECD Economics Department Working Papers, No. 1788)

Summary on VoxEu.org and OECD Ecoscope Blog. 

The law of the strongest? Exploring the drivers of firm performance during the COVID-19 crisis, with Mauricio Hitschfeld, Alvaro Pina and Damien Puy

(2023; OECD Economics Department Working Papers, No. 1779)

Summary on VoxEu.org and OECD Ecoscope Blog.

Institutional shareholding, common ownership and productivity, with Maria Bas, Lilas Demmou and Javier Garcia-Bernardo

(2023; OECD Economics Department Working Papers, No. 1769)

Summary on SUERF and OECD Ecoscope Blog.

Rising energy prices and productivity: short-run pain, long-term gain?, with Christophe André, Hélia Costa and Lilas Demmou

(2023; OECD Economics Department Working Papers, No. 1755)

Summary on SUERF and OECD Ecoscope Blog.

From hibernation to reallocation: loan guarantees and their implications for post-COVID-19 productivity, with Lilas Demmou

(2021; OECD Economics Department Working Papers, No. 1687)

Summary on VoxEu.org, OECD Ecoscope Blog and Portuguese Economic Journal Blog.

Mind the financing gap: enhancing the contribution of intangible assets to productivity, with Lilas Demmou

(2021; OECD Economics Department Working Papers, No. 1681)

Also discussed as background document in the Framework Working Group under the 2021 G20 Italian Presidency.

Summary on VoxEu.org and OECD Ecoscope Blog (Empirical findings; Policy discussion).

Insolvency and debt overhang following the Covid-19 outbreak: assessment of risks and policy responses, with Lilas Demmou, Sara Calligaris, Dennis Dlugosch, Müge Adalet-McGowan and Sahra Sakha

(2021; OECD Economics Department Working Papers, No. 1651)

Also published in Covid Economics, Issue 69.

Issue Note in the OECD Economic Outlook, Volume 2020 Issue 2 and note in the OECD Tackling Coronavirus Series.

Summary on VoxEU.org, OECD Ecoscope Blog and OECD Cogito Blog; additional material at the following dedicated web page.

Do sound infrastructure governance and regulation affect productivity growth? New insights from firm level data, with Lilas Demmou

 (2020; OECD Economics Department Working Papers, No. 1609)

Productivity and finance: a firm-level analysis of the intangible assets channel, with Lilas Demmou and Irina Stefanescu

 (2020; OECD Economics Department Working Papers, No. 1596)

Look who is investing: how does firms' ownership structure affect productivity? Scoping for future research, with Lilas Demmou and Irina Stefanescu

(2019; OECD mimeo)

DORMANT PAPERS

The empirical dynamics of misallocation

(2018; SSRN)

Misallocation and the credit cycle: evidence from Europe

(2018; SSRN)

Best paper award, 1st CESifo EconPol Europe PhD Workshop

Best paper award, Young Economist Session at International Rome Conference on Money Banking and Finance