Leonardo Melosi
Professor of Economics
European University Institute
Leonardo Melosi
Professor of Economics
European University Institute
Home Publications Working Papers CV
Working Papers
“Estimating Nonlinear Heterogeneous Agent Models with Neural Networks” with H.Kase and M.Rottner - R&R Econometrica (2nd round)
Example Codes: Github or Google Colab (runs the code directly in the cloud)
“Learning Monetary Policy Strategies at the Effective Lower Bound with Sudden Surprises” with S.Krane and M.Rottner - R&R Review of Economic Dynamics
“The Perils of Narrowing Fiscal Spaces” with H.Kase S. Rast, and M.Rottner
“Long-Run Inflation Expectations” with J.Fisher and S.Rast
“On-the-Job Search and Inflation under the Microscope” with S.Darougheh, R.Faccini, and A.Villa
“The Taming of the Skew: Asymmetric Inflation Risk and Monetary Policy” with A.De Polis and I.Petrella
“One Fed, Many Voices: Coordinated Communication vs. Transparent Debate” with M.Djourelova, F.Ferroni, and A.Villa
“Speaking of Inflation: The Influence of Fed Speeches on Expectations” with E.Granziera, V.H. Larsen, and G.Meggiorini
Media Coverage: FT.
“Higher-Order Moment Inequality Restrictions for SVARs” with F.Andrade and F.Ferroni
“The Inflationary Footprint of Fiscal Policy: Evidence from Disaggregated U.S. Spending” with G.Ascari, A.Florio, and A.Gobbi
“The Signaling Effects of Fiscal Announcements” with H.Morita, A.Rogantini Picco, and F.Zanetti
“Who’s Afraid of Eurobonds?” with F. Bianchi and A.Rogantini Picco
“Fiscal Inflation in the UK” with F.Bianchi and Q.Fang.
“Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength” with F.Bianchi and R.Faccini
Work in Progress
"Fiscal Policy and the Saving Glut of the Rich" with F. Bianchi, N.Ceneri, and A.Villa
“Is There a Forward Guidance Puzzle?” with F.Bianchi and G.Nicolo'
“The Ever-Changing Challenges to Price Stability” with A.DePolis and I.Petrella
“The Transfers Dilemma and Social Inequality” with M. Pitcock and A. Villa