Research: working papers

                                                                                WORKING PAPERS 

• Supply Chain Uncertainty, Energy Prices and Inflation (November 2025, with A. Merendino)

• Tariffs and Monetary Policy  (thoroughly revised, November2025)

• HBANK: Monetary Policy with Heterogeneous Banks (with R. Jamilov and M. Bellifemine), revised September 2025

• Aggregate Fluctuations with Incomplete Information and Heterogeneous Risk (Nov. 2023), with R. Colarieti. 

• H-HANK: A Heteroskedastic Heterogeneous-Agent New Keynesian Model (Nov. 2023), with R. Colarieti

• A Note on Hellwig's: The Gali-Monacelli Model Has no International Trade  (with J. Galí)
  
  

• Older unpublished papers

• Deleverage and Financial Fragility (with M. Maffezzoli), March 2015

• Fiscal Policy, Wealth Effects, and Markups (with Roberto Perotti) (2009) 

• Fiscal Policy Rules and Regime (In)Stability: Evidence from the U.S.  (with Carlo Favero)