Publications

• Has the Comprehensive Assessment made the European financial system more resilient?, with  Silvia Calò, Wildmer Gregori and Marco Petracco Giudici, accepted at International Journal of Central Banking 

• Floods and firms: vulnerabilities and resilience to natural disasters in Europe, with Serena Fatica and Gabor Katay, accepted at Journal of Financial Stability, Vox column 

• How important are ESG ratings for financial institutions? Evidence from corporate leverage ratios across Europe, with Giuliana Birindelli, Anita Quas and Daniela Vandone, International Review of Economics and Finance, 104398 Full text 

• Not only green: sustainability and debt capital markets, with Annette Becker and Serena Fatica, Journal of International Money and Finance, 103319 Full Text 

• Credit rationing and sustainable activities: a firm-level investigation, with Filomena Pietrovito, International Review of Economics and Finance, 103417 Full text 

• Bond issuance and the funding choices of the European banks: The consequences of public debt, with Jessica Cariboni, Kevin Keasey and Francesco Vallascas, Journal of Empirical Finance, 74, 101417 Full text  

• The impact of EU Taxonomy on corporate investments, with Caterina Lucarelli, Camilla Mazzoli and Sabrina Severini, Journal of financial management, markets and institutions, 11, 2350004 Full text  

• Digital currencies in financial networks, with Olli Castrén and Ilja Kavonius, Journal of Financial Stability, 60, 10100  Full text 

• Stock price effects of climate activism: Evidence from the First Global Climate Strike, with Stefano Ramelli and Elisa Ossola, Journal of Corporate Finance, 69, 102018 Full text

• The pricing of green bonds: are financial institutions special? with Serena Fatica and Roberto Panzica, Journal of Financial Stability, 54, 100873 Full text  

• Classification of Sustainable Activities: EU Taxonomy and Scientific Literature, with Caterina Lucarelli, Camilla Mazzoli and Sabrina Severini, Sustainability, 12, 6460 Full text  

• A friend is a treasure. On the Interplay of Social Distance and Monetary Incentives When Risk is Taken on Behalf of Others with Natalia Montinari, Journal of Behavioral and Experimental Economics, 86, 101544 Full text 

• Interconnectedness of the Banking Sector as a Vulnerability to Crises, with Tuomas Peltonen and Peter Sarlin, International Journal of Finance and Economics, 29, 963-990 Full text  

• Risk Taking on Behalf of Others: The Role of Social Distance, with Natalia Montinari, Journal of Risk and Uncertainty, 57, 81-109 Full text 

• Limit your applications, Dealing with congested markets in the matching procedure, with Janine Balter and Olena Senyuta, International Journal of Computational Economics and Econometrics, 6, 413-431 Full text  

• Reducing and sharing the burden of bank failures, with Jessica Cariboni, Alessandro Fontanana, Sven Langedijk, Sara Maccaferri, Andrea Pagano, Marco Petracco Giudici and Sebastian Schich, OECD Journal: Financial Market Trends, 6, 29-61 Full text  Full text

• Macro-Networks. An application to Euro Area Financial Accounts, with Olli Castrén, Journal of Banking and Finance, 46, 43-58; also featured in Report on the first two years of the macro-prudential research network 2012 (ECB) Full text 

Other publications

• Addressing physical climate risk: the case of flood protection, with Serena Fatica and Gabor Katay, 2023, in Encyclopedia of Monetary Policy, Financial Markets and Banking, Elsevier 

• On the determinants of corporate default in the EU-27: Evidence from a large sample of companies, with Serena Fatica and Tommaso Oliviero EUR 31342 EN, Publications Office of the European Union, Luxembourg, 2022, JRC131613

• Sustainable finance for waste management, with Camilla Mazzoli, 2021, in Elena Giorgini, Marco Giuliani [Ed.s] Waste life, Law and Management, Edizioni Scientifiche Italiane, ISBN: 978-88-495-4836-5

• Network analysis for economics and finance. An application to firms ownership, with Janina Balter and Michela Nardo, 2021, in S. Consoli, D. Reforgiato Recupero, M. Saisana [Ed.s] Data Science for Economics and Finance, Springer Nature, ISBN 978-3-030-66890-7    

• Foreign investment in the EU. The FOWN dataset, with Wildmer Gregori, Michela Nardo and Nathalie Ndacyayisenga, 2020, JRC technical report 118266, ISBN 978-92-76-12120-6

• China: Challenges and Prospects from an Industrial and Innovation Powerhouse, with N. Preziosi et al., 2019, e-book ISBN 978-92-76-05468-9 

• European Bond Issuers, with Jessica Cariboni and Issam Hallak, 2017, JRC technical report 106348, ISBN 978-92-79-77044-9

Work in progress

• Development Banks in Turbulent Times: Lending Behaviour across the cycle, with Daniele Biancardi, Anita Quas and Daniela Vandone 

• Judicial inefficiency and the default of zombie firms, with Serena Fatica and Tommaso Oliviero