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PUBLICATIONS

•  “Trade Credit, Collateral Liquidation and Borrowing Constraints,” CSEF WP n. 146, Università di Salerno(with D. Fabbri). Journal of Financial Economics, forthcoming.

•  “Third Parties, Information Disclosure and Monitoring Incentives,” Scottish Journal of Political Economy, 55 (1), 31-50, 2008.

•  “Liars and Inspectors: Optimal Financial Contracts when Monitoring is Unobservable” (with P. Simmons), Contributions of Theoretical Economics (BEJTE Journals), 6 (1), art. 3, 2006.

•  “The Role of Bargaining Initiative under No Commitment to Audit”, Scottish Journal of Political Economy, 48 (3), pp. 303-313, 2001.

•  “Wage Subsidies, Bankruptcy and Employment”, Studi Economici, 59 (2), 75-98, 1996.

• Inter-Firm Trade Finance in Times of Crisis?, World Bank Research Policy Papers n. 5112, November 2009

• Analyse, Compare, and Apply Alternative Indicators and Monitoring Methodologies to Measure the Evolution of Capital Market Integration in the European Union (with K. Adam,  T. Jappelli, M. Padula, M. Pagano), European Commission, Directorate Internal Affairs, 2002.

working papers

• “Sorting the Good Guys from Bad: On the Optimality of Deterministic Audit with Ex-Ante information Acquisition” (with P. Simmons, CSEF WP  no. 201, Università di Salerno, 2008.

• “Separating lending from monitoring: efficiency gains vs. collusion”, CSEF WP no. 109, Università di Salerno, 2003.

• “Can Liars ever Prosper?” (with Peter Simmons), University of York Discussion Papers, 10/2002.

• “Multiple Auditors”, 2000, CNR-ISFSE Working Paper.