Working Papers
Recent Working Papers
Greta Layoff, Great Retirement and Post-pandemic Inflation
with J. Grazzini and D. Massaro
NEW!! April 2024
The Macroeconomic Effects of Inflation Expectations: The Distribution Matters
with P. Bonomolo and A. Celani
NEW!! March 2024, CEPR DP18937
The LONG Run Phillips Curve is ... a Curve , with P. Bonomolo and Q. Haque
NEW VERSION: August 2023
Video presentation, Paris School of Economics Macro Days, 16 September 2022
Video presentation, ECB International Research Forum on Monetary Policy, May 2022
Limited Memory, Time-varying Expectations and Asset Pricing , with Yifan Zhang
February 2023
Business Cycles, Investment Shocks, and the "Barro-King Curse", with L. Phaneuf and E. Sims, December 2016, new version 2019
Old versions of (but possibly still useful) Working Papers
The debt multiplier, with A. Albonico and A. Gobbi, 2018. New version, 2020
Non-linearities, sticky prices and the transmission mechanism of monetary policy, with T. Haber, November 2019; previous version February 2019 available as Oxford Dept. of Economics Discussion Paper, No. 869, February 2019
Trend Inflation, Wage Indexation, and Determinacy in the U.S., with N. Branzoli and E. Castelnuovo, October 2011, Quaderni di Dipartimento #276 (10-11), Dipartimento di Economia Politica e Metodi Quantitativi, Universita' degli studi di Pavia
Limited Asset Market Participation: Does it Really Matter for Monetary Policy?, with A. Colciago and L. Rossi, October 2010. New version, Appendix, June 2011, Bank of Finland discussion paper 15/2011
Forecasting inflation: a comparison of linear Phillips curve models and nonlinear time serie models, with E. Marrrocu, July 2003, Working Paper. CRENoS.
An Investigation on the Source of Inflation Persistence, with J.A. Garcia, Quaderni di Dipartimento #113 (4-00), Dipartimento di economia politica e metodi quantitativi, Universita' degli studi di Pavia.