Details about Andrea Caggese

Access statistics for papers by Andrea Caggese.

Last updated 2025-07-06. Update your information in the RePEc Author Service.

Short-id: pca345

Working Papers

2024

1. Climate Change, Firms, and Aggregate Productivity
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article Climate change, firms and aggregate productivity, Research Bulletin, European Central Bank (2025) (2025)

2022

2. Firing Costs and Productivity: Evidence from a Natural Experiment
   Working Papers, Barcelona School of Economics
   Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2022)
3. Income Inequality and Entrepreneurship: Lessons from the 2020 COVID-19 Recession
   Working Papers, Barcelona School of Economics
   Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2022)
   See also Journal Article Income inequality and entrepreneurship: Lessons from the 2020 COVID-19 recession, Journal of Banking & Finance, Elsevier (2023) View citations (1) (2023)

2020

4. Comments on: 'What Drives Aggregate Investment? Evidence from German Survey Data'
   Working Papers, Barcelona School of Economics
   Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2019)
   See also Journal Article Comments on: “What drives aggregate investment? Evidence from German survey data”, Journal of Economic Dynamics and Control, Elsevier (2020) (2020)
5. The Short- and Long-Run Employment Impact of Covid-19 through the Effects of Real and Financial Shocks on New Firms
   Working Papers, Barcelona School of Economics View citations (3)
   Also in Working Papers, Banco de España (2020) View citations (5)
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2020) View citations (5)

2019

6. Capital Misallocation and Secular Stagnation
   Working Papers, Barcelona School of Economics View citations (2)
   Also in 2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (17)
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2019) View citations (4)
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2017) View citations (11)
7. Cyclical Fluctuations, Financial Shocks, and the Entry of Fast-Growing Entrepreneurial Startups
   Working Papers, Barcelona School of Economics View citations (3)
   Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2019) View citations (2)
   See also Journal Article Cyclical Fluctuations, Financial Shocks, and the Entry of Fast-Growing Entrepreneurial Startups, The Review of Financial Studies, Society for Financial Studies (2021) View citations (3) (2021)
8. Firm Debt Deflation, Household Precautionary Savings, and the Amplification of Aggregate Shocks
   2019 Meeting Papers, Society for Economic Dynamics View citations (1)

2018

9. Financial Frictions, Cyclical Fluctuations and the Innovative Nature of New Firms
   2018 Meeting Papers, Society for Economic Dynamics
10. Firing the Wrong Workers: Financing Constraints and Labor Misallocation
    Working Papers, Barcelona School of Economics View citations (4)
    Also in 2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (2)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2018) View citations (13)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2017) View citations (2)
    See also Journal Article Firing the wrong workers: Financing constraints and labor misallocation, Journal of Financial Economics, Elsevier (2019) View citations (82) (2019)
11. The Political Economy of Transportation Investment
    Working Papers, Barcelona School of Economics View citations (16)

2016

12. Financing Constraints, Radical versus Incremental Innovation, and Aggregate Productivity
    Working Papers, Barcelona School of Economics View citations (6)
    See also Journal Article Financing Constraints, Radical versus Incremental Innovation, and Aggregate Productivity, American Economic Journal: Macroeconomics, American Economic Association (2019) View citations (47) (2019)
13. The Interaction between Household and Firm Dynamics and the Amplification of Financial Shocks
    Working Papers, Barcelona School of Economics View citations (2)

2015

14. Financing Constraints, Irreversibility, and Investment Dynamics
    Working Papers, Barcelona School of Economics View citations (1)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2003) View citations (1)
    FMG Discussion Papers, Financial Markets Group (2003) View citations (3)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2006) View citations (5)
    See also Journal Article Financing constraints, irreversibility, and investment dynamics, Journal of Monetary Economics, Elsevier (2007) View citations (23) (2007)
15. Financing Imperfections and the Investments Decisions of Privately Owned Firms
    Working Papers, Barcelona School of Economics
16. Testing Financing Constraints on Firm Investment Using Variable Capital
    Working Papers, Barcelona School of Economics View citations (2)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2006) View citations (3)
    Money Macro and Finance (MMF) Research Group Conference 2003, Money Macro and Finance Research Group (2004) View citations (6)
    See also Journal Article Testing financing constraints on firm investment using variable capital, Journal of Financial Economics, Elsevier (2007) View citations (18) (2007)

2014

17. Aggregate implications of financial and labour market frictions
    2014 Meeting Papers, Society for Economic Dynamics

2013

18. Financing Constraints, Firm Dynamics and Innovation
    2013 Meeting Papers, Society for Economic Dynamics View citations (15)

2011

19. Financing Constraints, Firm Dynamics, Export Decisions and Aggregate productivity
    FMG Discussion Papers, Financial Markets Group View citations (12)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2011) View citations (4)
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (2)
    See also Journal Article Financing Constraints, Firm Dynamics, Export Decisions, and Aggregate Productivity, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2013) View citations (98) (2013)

2006

20. Entrepreneurial Risk, Investment and Innovation
    2006 Meeting Papers, Society for Economic Dynamics View citations (4)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2006) View citations (4)
    See also Journal Article Entrepreneurial risk, investment, and innovation, Journal of Financial Economics, Elsevier (2012) View citations (39) (2012)
21. Financing constraints and fixed-term employment contracts
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (12)
    See also Journal Article Financing Constraints and Fixed-term Employment Contracts, Economic Journal, Royal Economic Society (2008) View citations (122) (2008)

2000

22. Financial Constraints, Precautionary Saving and Firm Dynamics
    FMG Discussion Papers, Financial Markets Group
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2000)

Journal Articles

2025

1. Climate change, firms and aggregate productivity
   Research Bulletin, 2025, 132
   See also Working Paper Climate Change, Firms, and Aggregate Productivity, CEPR Discussion Papers (2024) (2024)

2023

2. Income inequality and entrepreneurship: Lessons from the 2020 COVID-19 recession
   Journal of Banking & Finance, 2023, 149, (C) View citations (1)
   See also Working Paper Income Inequality and Entrepreneurship: Lessons from the 2020 COVID-19 Recession, Working Papers (2022) (2022)

2022

3. How stimulative are low real interest rates for intangible capital?
   European Economic Review, 2022, 142, (C) View citations (10)

2021

4. Cyclical Fluctuations, Financial Shocks, and the Entry of Fast-Growing Entrepreneurial Startups
   (Young, restless and creative: Openness to disruption and creative innovations)
   The Review of Financial Studies, 2021, 34, (5), 2508-2548 View citations (3)
   See also Working Paper Cyclical Fluctuations, Financial Shocks, and the Entry of Fast-Growing Entrepreneurial Startups, Working Papers (2019) View citations (3) (2019)

2020

5. Comments on: “What drives aggregate investment? Evidence from German survey data”
   Journal of Economic Dynamics and Control, 2020, 115, (C)
   See also Working Paper Comments on: 'What Drives Aggregate Investment? Evidence from German Survey Data', Working Papers (2020) (2020)

2019

6. Financing Constraints, Radical versus Incremental Innovation, and Aggregate Productivity
   American Economic Journal: Macroeconomics, 2019, 11, (2), 275-309 View citations (47)
   See also Working Paper Financing Constraints, Radical versus Incremental Innovation, and Aggregate Productivity, Working Papers (2016) View citations (6) (2016)
7. Firing the wrong workers: Financing constraints and labor misallocation
   Journal of Financial Economics, 2019, 133, (3), 589-607 View citations (82)
   See also Working Paper Firing the Wrong Workers: Financing Constraints and Labor Misallocation, Working Papers (2018) View citations (4) (2018)

2013

8. Financing Constraints, Firm Dynamics, Export Decisions, and Aggregate Productivity
   Review of Economic Dynamics, 2013, 16, (1), 177-193 View citations (98)
   See also Software Item Code and data files for "Financing Constraints, Firm Dynamics, Export Decisions, and Aggregate Productivity", Computer Codes (2012) (2012)
   Working Paper Financing Constraints, Firm Dynamics, Export Decisions and Aggregate productivity, FMG Discussion Papers (2011) View citations (12) (2011)

2012

9. Entrepreneurial risk, investment, and innovation
   Journal of Financial Economics, 2012, 106, (2), 287-307 View citations (39)
   See also Working Paper Entrepreneurial Risk, Investment and Innovation, 2006 Meeting Papers (2006) View citations (4) (2006)

2008

10. Financing Constraints and Fixed-term Employment Contracts
    Economic Journal, 2008, 118, (533), 2013-2046 View citations (122)
    Also in Economic Journal, 2008, 118, (533), 2013-2046 (2008) View citations (32)
    See also Working Paper Financing constraints and fixed-term employment contracts, Economics Working Papers (2006) View citations (12) (2006)

2007

11. Financing constraints, irreversibility, and investment dynamics
    Journal of Monetary Economics, 2007, 54, (7), 2102-2130 View citations (23)
    See also Working Paper Financing Constraints, Irreversibility, and Investment Dynamics, Working Papers (2015) View citations (1) (2015)
12. Testing financing constraints on firm investment using variable capital
    Journal of Financial Economics, 2007, 86, (3), 683-723 View citations (18)
    See also Working Paper Testing Financing Constraints on Firm Investment Using Variable Capital, Working Papers (2015) View citations (2) (2015)

2001

13. Financial constraints on investments: A three-pillar approach
    Research in Economics, 2001, 55, (2), 219-254 View citations (16)

2000

14. Effects of index option introduction on stock index volatility: a procedure for empirical testing based on SSC-GARCH models
    Applied Financial Economics, 2000, 10, (3), 323-341 View citations (3)

Software Items

2012

1. Code and data files for "Financing Constraints, Firm Dynamics, Export Decisions, and Aggregate Productivity"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Financing Constraints, Firm Dynamics, Export Decisions, and Aggregate Productivity, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2013) View citations (98) (2013)