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CSEF - Center for Studies in Economics and Finance


  • Measuring productivities dispersion
    Les Echos comments on Saverio Simonelli's recent working paper on productivity differentials across Italian provinces.
  • Career Risk and Market Discipline in Asset Management
    The Institutional Investor comments on Andrew Ellul, Marco Pagano and Annalisa Scognamiglio's recent working paper on the role of talent and luck in hedge funds employees' career.
  • VI Workshop on Equilibrium Analysis
    The Department of Economics and Statistics, jointly with CSEF, organises the VI Workshop on Equilibrium Analysis. The event will be held at Merzagora lecture room, University of Naples Federico II - Monte S. Angelo, on 26-27 January, 2018

Forthcoming seminars & events

Monday, 22 January 2018 – h. 13.00
CSEF Seminar - (JM) Tommaso Sonno London School of Economics
Globalisation and conflicts: the good, the bad, and the ugly of corporations in Africa
Tuesday, 23 January 2018 – h. 13.00
CSEF Seminar - (JM) Francesco Sannino London School of Economics
A Theory of Venture Capital Fund Size with Directed Search
Wednesday, 24 January 2018 – h. 13.00
CSEF Seminar - Vincenzo Bove University of Warwick
Migration Policies and the Diffusion of Terrorism
full list

Recent & forthcoming publications

Altavilla C., D. Giannone, and M. Modugno,
Low Frequency Effects of Macroeconomic News on Government Bond Yields , Journal of Monetary Economics, 2017, December, vol. 92, pp. 31-46
Ellul, A., M. Pagano and F. Schivardi ,
Employment and Wage Insurance within Firms: Worldwide Evidence , forthcoming in Review of Financial Studies
Kastl J., M. Pagnozzi and S. Piccolo,
Selling Information to Competitive Firms , forthcoming in RAND Journal of Economic, Download paper
full list

Working papers

January Sarah Draus Market Power on Exchanges: Linking Price Impact to Trading Fees
November Andrew Ellul, Marco Pagano, and Annalisa Scognamiglio Career Risk and Market Discipline in Asset Management
November Andrea Bellucci, Luca Pennacchio and Alberto Zazzaro Public R&D Subsidies: Collaborative versus Individual Place-Based Programs for SMEs
full list

Blog posts & articles

7 December Graziella Bertocchi, Arcangelo Dimico, Francesco Lancia, Alessia Russo The impact of increased youth voter turnout on fiscal policy: Evidence from the US ,
16 November Sergio Beraldo Internet e tante case per affitti brevi, ecco il miracolo , Il Mattino
1 November Carlo Altavilla, Marco Pagano and Saverio Simonelli Bank Exposures and Sovereign Stress Transmission , Review of Finance
full list