Publications

1. Credit-Supply Shocks and Firm Productivity in Italy (PDF, SSRN), with M. Raissi and A. Weber, Journal of International Money and Finance 87(10), pp 150-171, 2018

2. Geographic diversification and bank lending during crises (PDF, SSRN, Online Appendix), with P. Schaz, Journal of Financial Economics 140(3), pp 768-788, 2021

3. Stress tests, entrepreneurship and innovation (PDF, SSRN), Review of Finance 25(5), pp 1609-1637, 2021

• Read summaries by Moody's Analytics and the Financial Services Forum

4. Financial crises and political radicalization: How failing banks paved Hitler's path to power (PDF, SSRN), with S. Gissler, J.-L. Peydró and H.-J. Voth, The Journal of Finance 77(6), pp 3339-3372, 2022

• For a summary, see The Economist

Working Papers

• Non-bank lending during financial crises (2022), with I. Aldasoro and H. Zhou

• Technology and privacy regulation in loan markets (2022), with L. Gambacorta, L. Guiso and M. Sanchez del-Villar (draft coming soon)

• Income Inequality and Job Creation (2022), with T. Drechsel and D. Lee

  • • Read our summary in an EFIP Research Brief.

• Regulatory Sandboxes and Fintech Funding: Evidence from the UK (2022), with G. Cornelli, L. Gambacorta and O. Merrouche

  • • R&R at Review of Finance

• The fintech gender gap (2022), with S. Chen, J. Frost, L. Gambacorta and H.S. Shin

  • • R&R at Journal of Financial Intermediation

    • Read Bloomberg's The Fintech Express Is Leaving Women Behind

• Housing Booms, Reallocation, and Productivity (2020)

  • • Young Economist Award @ EEA-ESEM Annual Congress 2018; Young Innovators Award @ Vordenker Forum 2019 (previous title: 'Collateral, Reallocation, and Industry Productivity: Evidence from the U.S. Housing Boom')

    • Read summaries in The Economist and The Wall Street Journal

• Population Aging and Bank Risk-Taking (2022), with G. Kabas and S. Ongena

  • • Replicated for Germany (see here)

• Does IT help? IT in Banking and Entrepreneurship (2022), with T. Ahnert, N. Pierri and Y. Timmer

• Mis-allocation within Firms: Internal Finance and International Trade (2022), with D. Marin, D. Suverato and T. Verdier