Details about Marco Pagano

E-mail:
Homepage:	http://www.csef.it/people/pagano.htm
Phone:	+39 081 675306
Postal address:	Università di Napoli Federico II, Facoltà di Economia, Via Cintia, Monte S. Angelo, 80126 Napoli, Italy
Workplace:	Centro Studi di Economia e Finanza (CSEF) (Centre for Studies in Economics and Finance), (more information at EDIRC) Istituto Einaudi per l'Economia e la Finanza (EIEF) (Einaudi Institute for Economic and Finance), (more information at EDIRC) Centre for Economic Policy Research (CEPR), (more information at EDIRC)

Access statistics for papers by Marco Pagano.

Last updated 2013-05-04. Update your information in the RePEc Author Service.

Short-id: ppa56

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Working Papers

2013

1. Finance - Economic Lifeblood or Toxin?
   EIEF Working Papers Series, Einaudi Institute for Economic and Finance (EIEF)
   Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2012)
2. Seeking Alpha - Excess Risk Taking and Competition for Managerial Talent
   EIEF Working Papers Series, Einaudi Institute for Economic and Finance (EIEF)
   Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2013)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012)
   NBER Working Papers, National Bureau of Economic Research, Inc (2013)

2012

3. Corporate Fraud, Governance and Auditing
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (1)
   Also in EIEF Working Papers Series, Einaudi Institute for Economic and Finance (EIEF) (2009)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008)
4. Financial Disclosure and Market Transparency with Costly Information Processing
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in EIEF Working Papers Series, Einaudi Institute for Economic and Finance (EIEF) (2012) View citations (2)
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2012)
5. Securitization, Transparency and Liquidity
   EIEF Working Papers Series, Einaudi Institute for Economic and Finance (EIEF)
   Also in Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2008) View citations (3)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (2)
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2010)
   See also Journal Article in Review of Financial Studies (2012)
6. Transparency, Tax Pressure and Access to Finance
   FMG Discussion Papers, Financial Markets Group
   Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2012)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012)

2011

7. Finance and Employment
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (3)
   See also Journal Article in Economic Policy (2012)
8. Short-Selling Bans around the World: Evidence from the 2007-09 Crisis
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (3)
   Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (2010)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009)
   See also Journal Article in Journal of Finance (2013)

2010

9. Households’ Indebtedness and Financial Fragility
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (12)
10. Multiple-Bank Lending, Creditor Rights and Information Sharing
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (14)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (1)

2009

11. Credit Ratings Failures and Policy Options
    EIEF Working Papers Series, Einaudi Institute for Economic and Finance (EIEF)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2009)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009)
    See also Journal Article in Economic Policy (2010)
12. Incentives to Innovate and Social Harm: Laissez-Faire, Authorization or Penalties?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2009) View citations (1)
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2009) View citations (2)
    See also Journal Article in Journal of Public Economics (2011)
13. Inheritance Law and Investment in Family Firms
    EIEF Working Papers Series, Einaudi Institute for Economic and Finance (EIEF) View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (2)
    Working Papers, Fondazione Eni Enrico Mattei (2009) View citations (1)
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2009) View citations (1)
    See also Journal Article in American Economic Review (2010)
14. Legal Standards, Enforcement and Corruption
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (8)
    EIEF Working Papers Series, Einaudi Institute for Economic and Finance (EIEF) (2009)
    See also Journal Article in Journal of the European Economic Association (2010)

2008

15. Financial Market Integration Under EMU
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2008) View citations (15)
    European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission (2008) View citations (9)
16. How Does Liquidity Affect Government Bond Yields?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2007) View citations (1)
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2007) View citations (3)
    See also Journal Article in Journal of Financial and Quantitative Analysis (2010)
17. Information Sharing and Credit: Firm-Level Evidence from Transition Countries
    Proceedings of the German Development Economics Conference, Zurich 2008, Verein für Socialpolitik, Research Committee Development Economics View citations (4)
    Also in Working Papers, Swiss National Bank (2007) View citations (2)
    Discussion Papers, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy (2008) View citations (15)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (23)
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2007) View citations (12)
    See also Journal Article in Journal of Financial Intermediation (2009)

2007

18. Households’ Portfolio Diversification
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy
    See also Journal Article in STUDI ECONOMICI (2010)
19. Optimal Regulation of Auditing
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (5)
    Also in CESifo Working Paper Series, CESifo Group Munich (2007) View citations (5)
    See also Journal Article in CESifo Economic Studies (2007)

2006

20. IPO underpricing and after-market liquidity
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (29)
    See also Journal Article in Review of Financial Studies (2006)
21. Norm Flexibility and Private Initiative
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (2)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2006) View citations (1)
22. Where is the Market? Evidence from Cross-Listings in the U.S
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (3)

2005

23. Role and Effects of Credit Information Sharing
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (10)
24. Searching for Non-Monotonic Effects of Fiscal Policy: New Evidence
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (9)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (8)
    See also Journal Article in Monetary and Economic Studies (2005)
25. Shareholder Protection, Stock Market Development and Politics
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2005) View citations (5)
26. The Modigliani-Miller Theorems: A Cornerstone of Finance
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy
27. The Political Economy of Corporate Governance
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (124)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (7)
    See also Journal Article in American Economic Review (2005)
28. Valutation, Liquidity and Risk in Government Bond Markets
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (6)
29. Where is the Market? Evidence from Cross-Listings
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)

2004

30. Financial Market Integration and Economic Growth in the EU
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (49)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (39)
    See also Journal Article in Economic Policy (2004)
31. The European Bond Markets Under EMU
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (60)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2004) View citations (75)
    See also Journal Article in Oxford Review of Economic Policy (2004)

2002

32. Courts and Banks: Effects of Judicial Enforcement on Credit Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2002) View citations (37)
    See also Journal Article in Journal of Money, Credit and Banking (2005)
33. Financial Market Integration, Corporate Financing and Economic Growth
    European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission View citations (20)
34. Law and Equity Markets: a Simple Model
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (11)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (16)
35. Managers, Workers and Corporate Control
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article in Journal of Finance (2005)
36. The Political Economy of Finance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2001) View citations (60)
    See also Journal Article in Oxford Review of Economic Policy (2001)

2001

37. The Geography of Equity Listing: Why Do Companies List Abroad?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (29)
    See also Journal Article in Journal of Finance (2002)
38. What Makes Stock Exchanges Succeed? Evidence from Cross-Listing Decisions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (27)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2000) View citations (19)
    See also Journal Article in European Economic Review (2001)

2000

39. Collateral Vs. Project Screening: A Model Of Lazy Banks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (23)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (1998) View citations (54)
    Working Papers, Centro de Estudios Monetarios Y Financieros- (1998) View citations (3)
40. Information Sharing in Credit Markets: A Survey
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (16)
41. Information Sharing in Credit Markets: The European Experience
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (9)
42. Legal Determinants of the Return on Equity
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (15)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (12)
43. Searching for Non-Linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (141)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (118)
    See also Journal Article in European Economic Review (2000)

1999

44. Information Sharing in Credit Markets: International Evidence
    Research Department Publications, Inter-American Development Bank, Research Department View citations (14)
45. Information Sharing, Lending and Defaults: Cross-Country Evidence
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (27)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (13)
    See also Journal Article in Journal of Banking & Finance (2002)
46. Searching for Non-Keynesian Effects of Fiscal Policy
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (22)
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (5)
47. Sharing Default Information as a Borrower Discipline Device
    Working Papers, Centro de Estudios Monetarios Y Financieros- View citations (7)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (1999) View citations (11)
    CEPR Financial Markets Paper, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 77 Bastwick Street, London EC1V 3PZ (1994)
    Working Papers, Boston University - Industry Studies Programme (1996) View citations (2)
    Working Papers, Boston University - Industry Studies Programme (1996) View citations (2)
    See also Journal Article in European Economic Review (2000)

1998

48. The Changing Microstructure of European Equity Markets
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (5)
49. The Determinants of Savings: Lessons from Italy
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (4)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (1997)
50. The Welfare Effects of Liquidity Constraints
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995)
    See also Journal Article in Oxford Economic Papers (1999)

1996

51. Endogenous Communication Among Lenders and Entrepreneurial Incentives
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Working Papers, Centro de Estudios Monetarios Y Financieros- (1994)
    See also Journal Article in Review of Financial Studies (1997)
52. Non-Keynesian Effects of Fiscal Policy Changes: International Evidence and the Swedish Experience
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (99)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995) View citations (59)
53. Why Do Companies Go Public? An Empirical Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (48)
    Also in CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (7)
    See also Journal Article in Journal of Finance (1998)

1992

54. Saving, Growth and Liquidity Constraints
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    See also Journal Article in The Quarterly Journal of Economics (1994)

1991

55. Auction and Dealership Markets: What is the Difference?
    FMG Discussion Papers, Financial Markets Group
    See also Journal Article in European Economic Review (1992)
56. Dually-Traded Italian Equities: London vs. Milan
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
57. Information Sharing in Credit Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
    See also Journal Article in Journal of Finance (1993)

1990

58. Auction Markets, Dealership Markets and Execution Risk
    CEPR Financial Markets Paper, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 77 Bastwick Street, London EC1V 3PZ View citations (5)
59. Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (166)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (126)
    Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna (1990) View citations (10)
    See also Chapter (1990)

1989

60. Confidence Crises and Public Debt Management
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1989) View citations (30)
    Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna (1989) View citations (5)
61. Imperfect Competition, Underemployment Equilibria and Fiscal Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article in Economic Journal (1990)

1988

62. Consumption and Capital Market Imperfection: An International Comparison
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article in American Economic Review (1989)
63. Liquidity-Constrained Households in an Italian Cross-Section
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

1986

64. Endogenous Market Thinness and Stock Price Volatility
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article in Review of Economic Studies (1989)
65. Market Size, the Informational Content of Stock Prices and Risk: A Multiasset Model and some Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
66. The Advantages of Tying One's Hands: EMS Discipline and Central Bank Credibility
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (50)
    See also Chapter (1991)
    Journal Article in European Economic Review (1988)
67. Trading Volume and Asset Liquidity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    See also Journal Article in The Quarterly Journal of Economics (1989)

Journal Articles

2013

1. Short-Selling Bans Around the World: Evidence from the 2007–09 Crisis
   Journal of Finance, 2013, 68, (1), 343-381
   See also Working Paper (2011)

2012

2. Finance and employment
   Economic Policy, 2012, 27, (69), 5-55
   See also Working Paper (2011)
3. Securitization, Transparency, and Liquidity
   Review of Financial Studies, 2012, 25, (8), 2417-2453
   See also Working Paper (2012)

2011

4. Incentives to innovate and social harm: Laissez-faire, authorization or penalties?
   Journal of Public Economics, 2011, 95, (7-8), 864-876 View citations (1)
   Also in Journal of Public Economics, 2011, 95, (7), 864-876 (2011) View citations (2)
   See also Working Paper (2009)

2010

5. Credit ratings failures and policy options
   Economic Policy, 2010, 25, 401-431 View citations (3)
   See also Working Paper (2009)
6. Households' Portfolio Diversification
   STUDI ECONOMICI, 2010, LXV, (100), 117-143
   See also Working Paper (2007)
7. How Does Liquidity Affect Government Bond Yields?
   Journal of Financial and Quantitative Analysis, 2010, 45, (01), 107-134 View citations (9)
   See also Working Paper (2008)
8. Inheritance Law and Investment in Family Firms
   American Economic Review, 2010, 100, (5), 2414-50 View citations (10)
   See also Working Paper (2009)
9. Legal Standards, Enforcement, and Corruption
   Journal of the European Economic Association, 2010, 8, (5), 1104-1132 View citations (2)
   See also Working Paper (2009)

2009

10. Information sharing and credit: Firm-level evidence from transition countries
    Journal of Financial Intermediation, 2009, 18, (2), 151-172 View citations (36)
    See also Working Paper (2008)

2008

11. Where Is the Market? Evidence from Cross-Listings in the United States
    Review of Financial Studies, 2008, 21, (2), 725-761 View citations (7)

2007

12. Optimal Regulation of Auditing
    CESifo Economic Studies, 2007, 53, (3), 363-388 View citations (5)
    See also Working Paper (2007)

2006

13. Alfred Marshall Lecture Shareholder Protection, Stock Market Development, and Politics
    Journal of the European Economic Association, 2006, 4, (2-3), 315-341 View citations (6)
14. IPO Underpricing and After-Market Liquidity
    Review of Financial Studies, 2006, 19, (2), 381-421 View citations (17)
    See also Working Paper (2006)

2005

15. Courts and Banks: Effects of Judicial Enforcement on Credit Markets
    Journal of Money, Credit and Banking, 2005, 37, (2), 223-44 View citations (40)
    See also Working Paper (2002)
16. Managers, Workers, and Corporate Control
    Journal of Finance, 2005, 60, (2), 841-868 View citations (25)
    See also Working Paper (2002)
17. Searching for Non-monotonic Effects of Fiscal Policy: New Evidence
    Monetary and Economic Studies, 2005, 23, (S1), 197-217 View citations (7)
    See also Working Paper (2005)
18. The Political Economy of Corporate Governance
    American Economic Review, 2005, 95, (4), 1005-1030 View citations (90)
    See also Working Paper (2005)

2004

19. Financial market integration and economic growth in the EU
    Economic Policy, 2004, 19, (40), 523-577 View citations (34)
    See also Working Paper (2004)
20. The European Bond Markets under EMU
    Oxford Review of Economic Policy, 2004, 20, (4), 531-554 View citations (62)
    See also Working Paper (2004)

2002

21. Information sharing, lending and defaults: Cross-country evidence
    Journal of Banking & Finance, 2002, 26, (10), 2017-2045 View citations (48)
    See also Working Paper (1999)
22. The Geography of Equity Listing: Why Do Companies List Abroad?
    Journal of Finance, 2002, 57, (6), 2651-2694 View citations (137)
    See also Working Paper (2001)

2001

23. Collateral versus Project Screening: A Model of Lazy Banks
    RAND Journal of Economics, 2001, 32, (4), 726-44 View citations (70)
24. The Political Economy of Finance
    Oxford Review of Economic Policy, 2001, 17, (4), 502-519 View citations (58)
    See also Working Paper (2002)
25. What makes stock exchanges succeed? Evidence from cross-listing decisions
    European Economic Review, 2001, 45, (4-6), 770-782 View citations (26)
    See also Working Paper (2001)

2000

26. Searching for non-linear effects of fiscal policy: Evidence from industrial and developing countries
    European Economic Review, 2000, 44, (7), 1259-1289 View citations (122)
    See also Working Paper (2000)
27. Sharing default information as a borrower discipline device
    European Economic Review, 2000, 44, (10), 1951-1980 View citations (25)
    See also Working Paper (1999)

1999

28. The Welfare Effects of Liquidity Constraints
    Oxford Economic Papers, 1999, 51, (3), 410-30 View citations (10)
    See also Working Paper (1998)

1998

29. Comment on Berlin and Mester, and Houston and James
    Journal of Banking & Finance, 1998, 22, (6-8), 919-923 View citations (1)
30. The Choice Of Stock Ownership Structure: Agency Costs, Monitoring, And The Decision To Go Public
    The Quarterly Journal of Economics, 1998, 113, (1), 187-225 View citations (93)
31. Why Do Companies Go Public? An Empirical Analysis
    Journal of Finance, 1998, 53, (1), 27-64 View citations (142)
    See also Working Paper (1996)

1997

32. Endogenous Communication among Lenders and Entrepreneurial Incentives
    Review of Financial Studies, 1997, 10, (1), 205-36 View citations (71)
    See also Working Paper (1996)

1996

33. The stock market as a source of capital: Some lessons from initial public offerings in Italy
    European Economic Review, 1996, 40, (3-5), 1057-1069 View citations (8)
34. Transparency and Liquidity: A Comparison of Auction and Dealer Markets with Informed Trading
    Journal of Finance, 1996, 51, (2), 579-611 View citations (82)

1994

35. Saving, Growth, and Liquidity Constraints
    The Quarterly Journal of Economics, 1994, 109, (1), 83-109 View citations (186)
    See also Working Paper (1992)

1993

36. Financial markets and growth: An overview
    European Economic Review, 1993, 37, (2-3), 613-622 View citations (231)
37. Information Sharing in Credit Markets
    Journal of Finance, 1993, 48, (5), 1693-1718 View citations (121)
    See also Working Paper (1991)
38. The flotation of companies on the stock market: A coordination failure model
    European Economic Review, 1993, 37, (5), 1101-1125 View citations (54)

1992

39. Auction and dealership markets: What is the difference?
    European Economic Review, 1992, 36, (2-3), 613-623 View citations (10)
    See also Working Paper (1991)
40. Comment [Saving and Capital Market Imperfections: The Italian Experience] [Inflation, Capital Markets and Household Saving in the Nordic Countries]
    Scandinavian Journal of Economics, 1992, 94, (2), 229-31

1990

41. Imperfect Competition, Underemployment Equilibria and Fiscal Policy
    Economic Journal, 1990, 100, (401), 440-63 View citations (15)
    See also Working Paper (1989)

1989

42. Consumption and Capital Market Imperfections: An International Comparison
    American Economic Review, 1989, 79, (5), 1088-1105 View citations (101)
    See also Working Paper (1988)
43. Endogenous Market Thinness and Stock Price Volatility
    Review of Economic Studies, 1989, 56, (2), 269-87 View citations (63)
    See also Working Paper (1986)
44. Trading Volume and Asset Liquidity
    The Quarterly Journal of Economics, 1989, 104, (2), 255-74 View citations (93)
    See also Working Paper (1986)

1988

45. The advantage of tying one's hands: EMS discipline and Central Bank credibility
    European Economic Review, 1988, 32, (5), 1055-1075 View citations (121)
    See also Chapter (1991)
    Working Paper (1986)

1985

46. Relative price variability and inflation: The Italian evidence
    European Economic Review, 1985, 29, (2), 193-223

Books

2013

1. Market Liquidity: Theory, Evidence, and Policy
   OUP Catalogue, Oxford University Press

Edited books

2002

1. New Research in Corporate Finance and Banking
   OUP Catalogue, Oxford University Press
2. New Research in Financial Markets
   OUP Catalogue, Oxford University Press

Chapters

1994

1. Government Incentives and Household Saving in Italy
   A chapter in Public Policies and Household Savings, 1994, pp 105-132 View citations (3)
2. Personal Saving in Italy
   A chapter in International Comparisons of Household Saving, 1994, pp 237-268 View citations (5)

1991

3. The Advantage of Tying One's Hands: EMS Discipline and Central Bank Credibility
   A chapter in International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, 1991, pp 303-330
   See also Working Paper (1986)
   Journal Article in European Economic Review (1988)

1990

4. Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries
   A chapter in NBER Macroeconomics Annual 1990, Volume 5, 1990, pp 75-122 View citations (124)
   See also Working Paper (1990)