Research

WORKING PAPERS

Estimating the Effects of Government Spending Through the Production Network (with M. Cacciatore and N. Traum), July 2023, revisions requested by the Review of Economic Studies


SELECTED PUBLICATIONS

Self-Harming Trade Policy? Protectionism and Production Networks (with M. Cacciatore) (April 2023) American Economic Journal: Macroeconomics, vol 15(2), pages 97-128. 

The Short-Run, Dynamic Employment Effects of Natural Disasters: New Insights (with P. Borda, A. Brugnoli, M. Pelli, J. Tschopp) (March 2023) Ecological Economics, Vol. 205, March 2023, 107693. 

Asymmetric Trade Liberalizations and Current Account Dynamics (May 2022)  Canadian Journal of Economics, vol. 55(2): 905-936.

Banks Funding, Leverage, and Investment (with L. Moretti and V. Quadrini) (March  2021) Appendix  Journal of Financial Economics,  vol. 141(1).

Protectionism and the Business Cycle (with M. Cacciatore and F. Ghironi) (February 2021) Appendix Journal of International Economics,  vol. 129: 103417

Risk Sharing, Efficiency of Capital Allocation, and the Connection between Banks and the Real Economy (with M. Eden and D. Stevanovic) (February 2020) Journal of Corporate Finance, vol. 60, 101538.

Financial Sector Interconnectedness and Monetary Policy Transmission (April 2019) (with Maya Eden and Dalibor Stevanovic), Macroeconomic Dynamics, 23(3), pages 1074-1110.

Cross-Border Mergers and Acquisitions in Services: The Role of Policy and Industrial Structure (with I. Borchert and A. Mattoo) Canadian Journal of Economics, Vol. 49 (4), 2016, pages 1470-1501. Appendix

Average-Cost Pricing: Some Evidence and Implications (with C. Altomonte and S. Basu) European Economic Review, Vol. 79, 2015, pages 281-296. 

Endogenous Markups, International Trade, and the Product Mix (with C. Altomonte) Journal of Industry, Competition, and Trade, Vol, 15, 2015, pages 205-221. 

Comparative Advantage, Service Trade, and Global Imbalances, Journal of International Economics, Vol. 92, 2014, pages 1-13.  Appendix 

 Some Evidence on the Importance of Sticky Wages (with S. Basu and P. Gottschalk) American Economic Journal: Macroeconomics, Vol. 6, 2014, pages 70-101.

Import Penetration, Intermediate Inputs and Productivity: Evidence From Italian Firms (with C. Altomonte and A. Rungi) Journal of the Italian Economic Association, vol XIX (1), 2014, pages 45-66.