Working papers

Working papers:

“Fiscal Monitoring with VARs,” with Jacopo Cimadomo, Domenico Giannone, Michele Lenza and Andrej Sokol, CEPR Discussion Paper 21160. Also available as ECB Working paper No 3186.

"In the Fed we trust? Measuring trust in central banking and its effects on the macroeconomy" with David Aikman and Shunshun Zhang. CEPR Discussion Paper No. 19811. !! NEW VERSION HERE  -- Online Appendix !! R & R AEJ: Macroeconomics  FT Coverage 14 July 2026

“The transmission of shocks across sectors and the dynamics of sectoral prices,” with Leila Van Keirsbilck, ECB Working Paper No 3266.CEPR DP version 

“Inflation Expectations of Savers and Borrowers,” with  Riccardo Masolo.CEPR Discussion Paper No. 19776. !! NEW VERSION HERE !!

Work in progress:

"The transmission of tariff shocks: an input-output network VAR approach," with Leila Van Keirsbilck

"The effects of green innovation on inflation via production networks,' with Leila Van Keirsbilck and Valerio Vinco

"Aggregate Shocks and Inflation Expectations: Who Shapes Distributional Responses?," with Luca Neri and Dakyung Seong

“The transmission of monetary policy when agents fear inflation or deflation” with Anastasia Allayioti and Michele Piffer.

Permanent working papers:

"Can a Data-Rich Environment Help Identify the Sources of Model Misspecification?" Bank of England Staff Working Paper No 527, 2015.

"The Bank of England's forecasting platform: COMPASS, MAPS, EASE and the suite of models," with Stephen Burgess, Emilio Fernandez-Corugedo, Charlotta Groth, Richard Harrison, Konstantinos Theodoridis, Matt Waldron. Bank of England Working Paper No 471, 2013.

"Implementing Optimal Control in Cointegrated I(1) Structural VAR models." European Central Bank Working paper No 288,  2003.