Nicola Limodio

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

My research focuses on corporate finance, development economics and political economy.

Email: nicola.limodio [at]

You can find a link to my CV here and my papers below.

NEWS: I am co-organizing WEFIDEV, a webinar on finance and development. Click here for more info!

Working Papers

* “Liquidity Risk and Long-Term Finance: Evidence from a Natural Experiment” (with M. A. Choudhary, State Bank of Pakistan). Draft & IGIER Working Paper. Resubmitted to the Review of Economic Studies, first round.

* “Terrorism Financing, Recruitment and Attacks". Draft and PEDL Working Paper. Media presence on VoxDev, ProMarket, Slate Political Gabfest, TalkingAboutTerrorism blog, News Livedoor (in Japanese) and Youtube video by BIPR. Revise and Resubmit at Econometrica, first round.

* “Anti-Trust Policies and Profitability in Non-Traded Sectors" (with T. Besley and N. Fontana). Draft and Published Version. Media presence on Knowledge Bocconi. Forthcoming at the American Economic Review: Insights.

* “Bureaucrats Allocation in the Public Sector: Evidence from the World Bank”. Draft, appendix & IGIER Working Paper. Older STICERD working paper here. Resubmitted to the Economic Journal, second round.

* “High-Speed Internet, Financial Technology and Banking” (with A. D'Andrea, Bocconi). Draft & BAFFI CAREFIN Working Paper. Finalist in the ECB Young Economists’ Competition 2020. New Version Soon.

* “The Effect of Chinese FDI in Africa: Evidence From Ethiopia” (with R. Crescenzi, LSE). Draft. New Version Soon.

* “Liquidity Requirements and Financial Development: Evidence from Ethiopia” (with F. Strobbe, World Bank). Draft, appendix & BAFFI CAREFIN Working Paper. Older World Bank working paper here. Submitted.

Work In Progress

* “Organization and Local Norms: Evidence From Ethiopian Bank Branches” (with N. Gennaioli and F. Strobbe).

* “Deposits and Deposit Insurance: Evidence from Colombia” (with N. de Roux).

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