Nicola Limodio

My name is Nicola Limodio, I am an Assistant Professor of Finance at Bocconi University and CEPR Research Affiliate.

My research focuses on financial economics, development economics and political economy. My CV is here and my papers below.


WEFIDEV: I am a co-founder of the WEFIDEV Workshop on Finance and Development. Click here for more info and mail me if you want to join our group.

Published Papers

* Terrorism Financing, Recruitment and Attacks", Econometrica, Vol. 90, No. 4 (July, 2022), 1711–1742.

Draft, Appendix, PEDL Working Paper, PEDL Research Note and Data & Code. Media presence on Knowledge Bocconi, VoxDev, ProMarket, Slate Political Gabfest, TalkingAboutTerrorism, News Livedoor and BIPR video.

* Liquidity Risk and Long-Term Finance: Evidence from a Natural Experiment” (with M. A. Choudhary), the Review of Economic Studies, Volume 89, Issue 3, May 2022, Pages 1278–1313.

Draft, Appendix & IGIER Working Paper. Media presence: Knowledge Bocconi.

* Bureaucrats Allocation in the Public Sector: Evidence from the World Bank, The Economic Journal, Volume 131, Issue 639, October 2021, Pages 3012–3040.

Draft, IGIER Working Paper, Data & Code.

* Anti-Trust Policies and Profitability in Non-Traded Sectors" (with T. Besley and N. Fontana), American Economic Review: Insights, Vol. 3, No. 2, 2021, Pages 251-65.

Draft, Data & Code. Media presence on Knowledge Bocconi.

Working Papers

* “Deposit Insurance and Depositor Behaviour: Evidence from Colombia” (with N. de Roux), Revised and Resubmitted (2nd round), the Review of Financial Studies.

Draft & Documento CEDE Working Paper. Media presence on the All About Finance World Bank blog.

* “High-Speed Internet, Financial Technology and Banking” (with A. D'Andrea), Accepted, Management Science.

Draft, Appendix, PEDL Research Summary & BAFFI CAREFIN Working Paper. Finalist in the ECB Young Economists’ Competition 2020.

* "Liquidity Requirements, Bank Deposits and Financial Development” (with F. Strobbe), Accepted, Economica.

Draft and Appendix, BAFFI CAREFIN working paper.

* “The Impact of FDI in Africa: Evidence From Chinese Investment in Ethiopia” (with R. Crescenzi), Submitted.

Media presence on fDIIntelligence, LSE GILD Blog Post and The Economist. Presentation at STEG Annual Conference. Transforming Growth podcast.

* "Subnational Income, Convergence and the Covid19 Pandemic” (with A. M. Choudhary, I.A. Haqqani, F. Lenzi), Submitted.

Draft and IGC Working Paper.

Work In Progress

* “Mobile Internet, Land Titles and Financial Inclusion” (with A. D'Andrea, Hitayezu P., R. Kpodar, A. Presbitero)

* “The Financial Transmission of a Climatic Shock: El Niño and US Banks” (with F. De Marco)

* “The Success and Social Costs of Financial Counter-Terrorism” (with C. Cherubini, S. Gulzar, S. Satyanath)

* “The Organizational Economics of Banking” (with L. Picariello)

* “Dollarisation and Financial Inclusion” (with D. Jimenez, L. Naaraayanan, A. Shirkhanyan)