The risk sensitivity of global liquidity flows: heterogeneity, evolution, and drivers with Stefan Advdjiev, Leonardo Gambacorta and Linda S. Goldberg, 2026, Journal of International Money and Finance, Volume 161, February, 103465
NBER Working Paper No. 33674, April 2025; BIS Working Paper No 1262, April 2025; Federal Reserve Bank of New York Staff Reports, 1149, April 2025; CEPR Discussion Paper 20098, April 2025; Bank of Italy Questioni di Economia e Finanza (Occasional Papers), N. 973, 2025Firm liquidity and the transmission of monetary policy with Margherita Bottero, International Journal of Central Banking, 2025, Volume 21, April, Issue 2
Bank of Italy Temi di Discussione (Working Papers), N. 1378, 2022The shifting drivers of global liquidity with Stefan Avdjiev, Leonardo Gambacorta and Linda S. Goldberg, Journal of International Economics, 2020, Volume 125, July, 103324
NBER Working Paper No. 23565, June 2017; BIS Working Paper No 644, June 2017; Federal Reserve Bank of New York Staff Reports, 819, June 2017; CEPR Discussion Paper 12127, July 2017; Liberty Street Economics Blog, 11 October 2017; VOX column 20 March 2018Changing business models in international bank funding with Leonardo Gambacorta and Adrian van Rixtel, Economic Inquiry, 2019, Western Economic Association International, vol. 57(2), pages 1038-1055, April
BIS Working Paper No 614, March 2017; CEPR Discussion Paper 11957, April 2017; BdE Documento de Trabajo N. 1736. Media coverage: Wall Street Journal, 9 March 2017Confidence matters for current economic growth: empirical evidence for the Euro Area and the US with Gabe J. de Bondt, Social Science Quarterly, 2015, Volume 96, Issue 4, pages 1027–1040, December
The granularity of the stock market: forecasting aggregate returns using firm-level data, Rivista di Politica Economica, 2013, SIPI Spa, issue 4, pages 141-169, October-D
The bank-based transmission of the 2024-25 monetary policy easing in the euro area with Matteo Santi, Bank of Italy Questioni di Economia e Finanza (Occasional papers) N. 964, September 2025
SUERF policy brief No 1297, November 2025Artifical intelligence and relationship lending with Leonardo Gambacorta and Fabiana Sabatini, Bank of Italy Temi di Discussione (Working papers) N. 1476, February 2025, BIS Working Paper No. 1244, February 2025
SUERF policy brief No 1171, May 2025Birds of a feather flock together: the coupling of innovative banks and innovative firms with Silvia Del Prete and Giovanni Soggia, Bank of Italy Temi di Discussione (Working papers) forthcoming