Working Papers

Assessing the (De)Stabilizing Effects of Unemployment Benefit Extensions (with Alexey Gorn), May 2021. Revise & Resubmit, American Economic Journal: Macroeconomics. [Supplementary Appendix.] [Slides.]

Financial Markets and Unemployment (with Tommaso Monacelli and Vincenzo Quadrini). September 2021. Revise & Resubmit, Journal of Financial Economics. [NBER Working Paper (Old Version)]

A Model of Temporary versus Permanent Layoffs over the Business Cycle: with an Application to the Covid-19 Crisis (with Mark Gertler and Christopher Huckfeldt). November 2021.  [Slides.]

Measuring TFP: The Role of Profits, Adjustment Costs, and Capacity Utilization (with Diego Comin, Javier Quintana and Tom Schmitz). September 2021. [NBER Working Paper (Old Version)] [Slides.]

The Output Gap, the Labor Wedge, and the Dynamic Behavior of Hours (with Luca Sala and Ulf Soderstrom), CEPR Discussion Paper No. 8005. September 2010.

The Role of Search Frictions and Bargaining for Inflation Dynamics, IGIER Working Paper No. 304. February 2006.


Work In Progress

The Ins and Outs of Italian Unemployment. Also Accounting for Demographics and Dual Labor Markets, with Jerome Adda and Ivan Lagrosa. COMING SOON!

Who Creates and Destroys Jobs over the Business Cycle?, with Andrea Colciago and Volker Lindenthal. COMING SOON!

Hidden Labor Market Underutilisation and Heterogeneous Job-Seekers: A New Measure of Slack for the Italian Economy, with Nicolò Gnocato.

The Drivers of European Unemployment during the Great Recession, with Diego Comin, Riccardo Franceschin, and Andrea Pasqualini.