Research

WORKING PAPERS

• Customer Capital and the Aggregate Effect of Short-Termism (with A, Lavia and M. Errico)  

• Central Bank Communication, Financial Frictions and Investment Decisions 

• Firm Heterogeneity and  Aggregate Fluctuations (with S. Pesce and M. Errico) 

• Strategic Investors and Exchange Rate Dynamics (with M. Errico)  (Submitted)

WORKING IN PROGRESS

• Importer's Dynamics and Exchange Rate Risk (with Alessandro Lavia and Marco Errico) 

• Unconventional Monetary Policy and Financial Frictions  (with Fulvio Ferretti)