Nicola Limodio

Nicola Limodio is an Assistant Professor of Finance at Bocconi University. His research focuses on corporate finance, development economics and political economy.

Content by Nicola Limodio
  • Publication - Policy Brief

    Subnational income, convergence, and the COVID-19 pandemic

    This brief investigates the effects of the COVID-19 pandemic on gross national income in Pakistan and its districts. To address the lack of available data, we developed a machine-learning algorithm that can predict economy activity in real time by leveraging administrative, night-light, and other real-time data. Urban districts in Pakistan drove the slow-down in...

    8 Nov 2021 | Ali Choudhary, Ijlal Haqqani, Federico Lenzi, Nicola Limodio

  • Publication - Project Report

    Subnational income, convergence, and the COVID-19 pandemic

    The COVID-19 pandemic severely affected the growth and subnational distribution of income in low-income countries. To understand these effects, we produce monthly aggregates on gross national income (GNI) for 147 Pakistani districts through real-time data and machine learning between 2012 and 2021. Three findings emerge from our analysis. First, urban districts...

    25 Oct 2021 | Ali Choudhary, Ijlal Haqqani, Federico Lenzi, Nicola Limodio

  • Publication - Working Paper

    Branch management and firm credit: Evidence from Ethiopia

    In order to understand the functioning of banks and firm credit in low-income countries, we collect novel datasets on the management practices and credit conditions from the universe of bank branches in Ethiopia. Our preliminary findings indicate that branches with strong practices operate over longer geographic distances and supply more local credit. We also observe that...

    1 Jun 2021 | Nicola Gennaioli, Nicola Limodio, Francesco Strobbe

  • Publication - Policy Brief

    Management practices and banking: The case of Ethiopia

    This study investigates whether management practices allow Ethiopian bank branches to improve their credit provision. Researchers surveyed over 1,900 branches affiliated with 16 Ethiopian banks to score management practices across various dimensions and collect information on day-to-day operations. Ethiopian bank branches that adopt stronger management practices...

    12 May 2021 | Francesco Strobbe, Nicola Limodio

  • Project

    Countering COVID-19: Real-time data from Pakistan

    The on-going pandemic put a strain on the developed economy with a sharp collapse of GDP and mounting unemployment. Simultaneously, the fragile socio-economic structure of low and middle-income countries are extremely vulnerable to the pandemic's effects. Amongst the many constraints that local authorities face in responding to the pandemic, these countries have few...

    18 Feb 2021 | Ali Choudhary, Nicola Limodio

  • Project

    Firm credit and financial development: Evidence from the management practices across the universe of Ethiopian bank branches

    The availability of firm credit is key for the entry, growth and internationalisation of firms. This project explores a new dimension behind firm credit, given by the capacity of banks to reach the best entrepreneurs across different geographic locations. Our approach focuses on bank branches as the units that engage with the local economy, given the importance of...

    18 Sep 2019 | Francesco Strobbe, Nicola Limodio