Research

Publications

• A Money-Financed Fiscal Stimulus: Redistribution and Social Welfare, joint with Lorenza Rossi. Journal of Money, Credit and Banking, Volume 55, March-April 2023, 595-617. 

• Bank's leverage behaviour in a two-agent New Keynesian model, joint with Andrea Boitani.  Journal of Economic Behavior and Organization, Volume 162, June 2019, Pages 347-359.

Work in Progress

• The shadow banking sector trade-off. Lower state-dependence versus amplification of the transmission channel of monetary policy, with Manuel Gloria 

• The counterfactual contribution of a money financed government expenditure increase in an Estimated Borrower-Lender model, joint with Giulia Rivolta.

• The macroeconomic impact of borrower-based measures. DTI versus LTV

• Risk weights and housing sector in France

Op-Eds

• Le politiche macroprudenziali, SIE - Economia in pillole https://www.youtube.com/watch?v=G5gWvtK4rSc&list=PLMI7EUt9yG9CxOv8_Ze0g_-HAiBFVTYsy&index=11&t=0s&fbclid=IwAR29Dtmkw4NxHtPNN4c4Y5hDOtAZR_TtaFYjS-EikeGXSKbk-EjNP9p0FXo 

• Quali strumenti scegliere per frenare la crisi, joint with Lorenza Rossi, lavoce.info , May 25, 2020

• MPS, sbagliando non s'impara, Q Code Mag, December 30, 2016