Working papers and ongoing research


Flooded credit markets: physical climate risk and small business lending [link]

JRC Working Paper in Economics and Finance 2023/14 

with L. Barbaglia & C. Rho 

[Coverage: VoxEU; UNDRR]


Floods and firms: vulnerabilities and resilience to natural disasters in Europe [link]

JRC Working Paper in Economics and Finance 2022/13 

with G. Kátay & M. Rancan

[Coverage: VoxEU]


A climate stress testing exercise on loans to European small and medium enterprises

with Y Chen, Z Ding, L Barbaglia, R Calabrese


Evaluating the benefit of flood protection for European firms

with F. Dottori, G. Kátay & M. Rancan


Judicial inefficiency and the default of zombie firms  [link]

CSEF Working Paper n.747/2025 

with T. Oliviero & M. Rancan