Filippo De Marco Wins the 9th SUERF/UniCredit Foundation Prize
PEOPLE |

Filippo De Marco Wins the 9th SUERF/UniCredit Foundation Prize

THE PRIZE WAS RESERVED FOR RESEARCH PAPERS ON FACTORS AFFECTING POSTCOVID NONPERFORMING LOANS

Filippo De Marco won the 9th SUERF/UniCredit Foundation Prize, which was given to two outstanding papers on the topic “Post-COVID non-performing loans: effectiveness and efficiency of government intervention, implications for banks, the role of financial regulation and supervision.”
 
The award-winning paper, entitled “Public Guarantees for Small Businesses in Italy during COVID-19,” investigates whether a bank’s information technology (IT) capabilities and physical branch presence might affect the supply of government guaranteed credit.
 
De Marco and the co-author Fabrizio Core (Erasmus University) find that banks with better IT capabilities provide more, cheaper, and faster guaranteed loans. However, bank branch presence is still an important determinant of the overall volume of guaranteed credit. In fact, banks lent more in their core markets and where they have an ex-ante larger market share.
 
These results are meaningful for policy makers when designing policies that are meant to address firm liquidity shortages during a crisis.
 
“I am very grateful to SUERF and UniCredit Foundation for this opportunity and for supporting research on such important issues for the current economic outlook,” said De Marco.
 
The 9th SUERF/UniCredit Foundation Research Prize was launched by SUERF (The European Money and Finance Forum) and UniCredit Foundation with the aim to examine the rise in non-performing loans post-COVID-19 crisis.

by Weiwei Chen
Bocconi Knowledge newsletter

News

  • New Regulation on HTA at the European Level

    Health Technology Assessment becomes centralized and harmonized across the 27 member countries of the European Union  

  • Utopia and Utopias Between Science, Philosophy and Literature

    The sixth edition of ScienzaNuova deals with the different ways to interpret an everrelevant concept  

Seminars

  August 2022  
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31        

Seminars

  • ELLIS@Milan Artificial Intelligence workshop

    GABOR LUGOSI - Department of Economics, Pompeu Fabra University
    RICARDO BAEZA-YATES - Khoury College of Computer Sciences Northeastern University
    NOAM NISAN - School of Computer Science and Engineering, Hebrew University of Jerusalem
    MICHAL VALKO - Institut national de recherche en sciences et technologies du numérique

    AS02 DEUTSCHE BANK - Roentgen building

  • tbd

    ANDREW KING - Questrom School of Business

    Meeting room 4E4SR03 (Roentgen) 4