Research

Publications

“On the Benefits of a Monetary Union: Does it Pay to Be Bigger?”, Journal of International Economics 2015, 97(2), 448-463. Online Appendix. WP (2012).

“Trade Policy: HomeMarket Effect versus Terms-of-Trade Externality” (with Alessia Campolmi and Harald Fadinger), Journal of International Economics 2014, 93(1), 92-107.  WP(2012).

“Risky Mortgages in a DSGE Model” (with Luisa Lambertini) International Journal of Central Banking 2011, 7(1), 285-335. 

Working Papers 

"Designing Effective Carbon Border Adjustments with Minimal Information Requirements. Theory and Empirics""  (with Alessia Campolmi, Harald  Fadinger,   Sabine Stillger and Ulrich J. Wagner)  CEPR Discussion Paper 18645.  Current version, November (2023).

"The Design of Trade Policy Agreements under Monopolistic Competition" (with Alessia Campolmi and Harald Fadinger).  Current version,  February (2022).

"The Incentives for Trade and Domestic Policies Under Monopolistic Competition" (with Alessia Campolmi and Harald Fadinger).  Current version, February  (2022).

“Trade and Domestic Policies under Monopolistic Competition”, (with Alessia Campolmi and Harald Fadinger) CEPR Discussion Paper 13219, May (2018) .  Current version, July  (2021).

"Mortgage Amortization and Welfare” (with Luisa Lambertini), November 2013.

“Mortgage Amortization and Amplification” (with Luisa Lambertini), February 2012.

 “Optimal Monetary Policy in the EMU: Does Fiscal Policy Coordination Matter?”, revised version May 2009.

 Works in Progress

“Policy Targets in a Linear-Quadratic Framework”, (joint with Stefano Gnocchi)

“Housing and Intergenerational Welfare Redistribution”,  (joint with Michael Hatcher and Alessandro Mennuni)