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". Draft, Published Version, 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. Econometrica, Vol. 90, No. 4 (July, 2022), 1711–1742.

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

* “Bureaucrats Allocation in the Public Sector: Evidence from the World Bank”. Draft, Published Version, IGIER Working Paper, Data & Code. The Economic Journal, Volume 131, Issue 639, October 2021, Pages 3012–3040

* “Anti-Trust Policies and Profitability in Non-Traded Sectors" (with T. Besley and N. Fontana). Draft, Published Version, Data & Code. Media presence on Knowledge Bocconi. American Economic Review: Insights, Vol. 3, No. 2, 2021, Pages 251-65

Working Papers

* “Deposit Insurance and Depositor Behaviour: Evidence from Colombia” (with N. de Roux). Draft & Documento CEDE Working Paper. Media presence on the All About Finance World Bank blog. Revise and Resubmit (2nd round), the Review of Financial Studies.

* “High-Speed Internet, Financial Technology and Banking” (with A. D'Andrea). Draft, Appendix, PEDL Research Summary & BAFFI CAREFIN Working Paper. Finalist in the ECB Young Economists’ Competition 2020. Accepted, Management Science.

* "Liquidity Requirements, Bank Deposits and Financial Development” (with F. Strobbe). Draft and Appendix, BAFFI CAREFIN working paper. Resubmitted, Economica.

* “The Impact of FDI in Africa: Evidence From Chinese Investment in Ethiopia” (with R. Crescenzi). Media presence on fDIIntelligence, LSE GILD Blog Post and The Economist. Presentation at STEG Annual Conference. Transforming Growth podcast. Submitted.

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

Work In Progress

* "Banking and Climate Change" (with F. De Marco)“

* "Firm Credit and Internet Access” (with A. D'Andrea, R. Kpodar, A. Presbitero).