Working papers

• Do People Understand Monetary Policy?, January 2012, with Fernanda Nechio (also Federal Reserve Bank of San Francisco Working Paper #2012-01) (previous title: "Are People Aware of the Taylor Rule?").

• Sectoral Price Facts in a Sticky-Price Model, September 2011, with Jae Won Lee (also Federal Reserve Bank of New York Staff Report #495)

• The Cross-Sectional Distribution of Price Stickiness Implied by Aggregate Data, with Niels A. Dam and Jae Won Lee (previous title: "Estimating the Cross-Sectional Distribution of Price Stickiness from Aggregate Data"). Revise and resubmit at the Journal of Monetary Economics

• Time- and State-Dependent Pricing: A Unified Framework, September 2011, with Marco Bonomo and René Garcia. Earlier version: “State-Dependent Pricing under Infrequent Information: A Unified Framework,” Federal Reserve Bank of New York Staff Reports #455

• Heterogeneous Price-Setting Behavior and Aggregate Dynamics: Some General Results, March 2008, with Felipe Schwartzman

 

Work in progress

• Selection and Monetary Non-Neutrality in Time-Dependent Pricing Models, with Felipe Schwartzman 

• The Dynamics of Consumer Price Distribution and Monetary Non-Neutrality, with Mike Golosov and Oleksiy Kryvtsov

• Heterogeneity and Complementarity in Price Setting: Evidence from
  Aggregate Data, with Niels A. Dam and Jae Won Lee

• Price Setting under Menu Costs and Rational Inattention, with Antonella Tutino

• Sales and the Macroeconomy, with João Ayres, Rebecca Barros, and Marco Bonomo

• Price Setting in a Variable Macroeconomic Environment: Evidence from Brazilian CPI, with Rebecca Barros, Marco Bonomo, and Silvia Matos

• Interest-Rate Differentials Under Tightly Managed Exchange-Rate Regimes, with Alfredo Binnie, Marcio Garcia, and Fernanda Nechio

 

Published and forthcoming papers

• Policy Initiatives in the Global Recession: What Did Forecasters Expect?, Current Issues in Economics and Finance 18 (2), February 2012, with Stefano Eusepi and Christian Grisse

• Aggregation and the PPP Puzzle in a Sticky-Price Model, American Economic Review 101 (6), October 2011, with Fernanda Nechio (working paper versions: Federal Reserve Bank of New York Staff Report #351 and Federal Reserve Bank of San Francisco Working Paper #2010-06)

• The Persistent Effects of a False News Shock, Journal of Empirical Finance 18 (4), September 2011, with Nicholas Klagge and Emanuel Moench (working paper version: Federal Reserve Bank of New York Staff Report #374)

• Endogenous Time-Dependent Rules and Inflation Inertia (link to Jstor.org), Journal of Money, Credit and Banking 36 (6), December 2004, with Marco Bonomo 

Blog and newspaper articles

• How Well Do Financial Markets Separate News from Noise? Evidence from an Internet Blooper, NY Fed's Liberty Street Economics blog, with Nicholas Klagge and Emanuel Moench

• Did Unconventional Policy Responses to the Crisis Work? Evidence from a Cross-Country Analysis, NY Fed's Liberty Street Economics blog, with Stefano Eusepi and Christian Grisse

• Transferindo Reputação, Jornal Valor Econômico, October 6, 2011 (in Portuguese)

• Crise, Economia e Popularidade, Jornal Valor Econômico, July 5, 2001 (in Portuguese) 

 

Publications in Portuguese

• Firmas Heterogêneas, Sobreposição de Contratos e Desinflação, Pesquisa e Planejamento Econômico 25 (3), Dezembro 1995 

Discussions

• Papers in FGV-IBRE Sponsored Session "Price Micro Data in Macroeconomics": "Understanding Movements in Aggregate and Product-Level Real-Exchange Rates", by Burstein and Jaimovich, "State-Dependent or Time-Dependent Pricing: Does it Matter for Recent U.S. Inflation", by Klenow and Kryvtsov, and "The Evolution of Price Setting in a Variable Macroeconomic Environment: Evidence from Brazilian CPI", by Barros, Bonomo, and Matos, LACEA Meetings 2008

• "Reset Price Inflation and the Impact of Monetary Policy Shocks", by Bils, Klenow, and Malin, Federal Reserve Macro System Meetings 2008 

• "Linkages Between Exchange Rate Policy and Macroeconomic Performance", by Sokolov, Lee, and Mark,  AEA Meetings 2009

"Price setting with menu cost for multi-product firms", by Alvarez and Lippi,  NBER - ME Meeting 2012