Publications

Labor Market Participation, Unemployment and Monetary Policy (with Stefano Gnocchi)

Journal of Monetary Economics, 79, May 2016.

wp version. All derivations available here: online appendix.


Rethinking Optimal Exchange Rate Regimes with Frictional Labour Markets (with Ester Faia)

Macroeconomic Dynamics, 19(5), 2015. working paper version.


Trade Policy: Home Market Effect versus Terms-of-Trade Externality (with Harald Fadinger and Chiara Forlati)

Journal of International Economics, 93(1), 2014.

Check out the working paper version for a quite different perspective on the same issue.


Which Inflation to Target? A Small Open Economy with Sticky Wages.

Macroeconomic Dynamics, 18(1), 2014. working paper version.


Fiscal Calculus and the Labor Market (with Ester Faia and Roland Winkler)

B.E. Journal of Macroeconomics (Contributions), 11(1), Article 38, 2011. working paper version.


Labor Market Institutions and Inflation Volatility in the Euro Area (with Ester Faia)

Journal of Economic Dynamics and Control, 35(5), 2011. working paper version.

Comments and Discussions

Comment on “Balancing Budgets in a Currency Union” by James Costain and Beatriz De Blas, Moneda y Credito, 234, 2012.

Comment on “Assessing the Fiscal Stance in the European Union and the United States, 1970-2011” by Vito Polito and Michael Wickens, Economic Policy, October 2011.