Working Papers

Recent Working Papers

retirement_draft_2024_04_18.pdf

Greta Layoff, Great Retirement and Post-pandemic Inflation

 with J. Grazzini and D. Massaro

NEW!! April 2024

Inflation_Expectation_Distribution_draft_2024_03_20.pdf

The Macroeconomic Effects of Inflation Expectations: The Distribution Matters

 with P. Bonomolo and A. Celani

NEW!! March 2024,   CEPR DP18937

LRPC wp August 2023.pdf
Working_Paper_Time_varying_Expectations_2023_02.pdf

Limited Memory, Time-varying Expectations and Asset Pricing , with Yifan Zhang

February 2023  

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.