NEW VERSION! Risk in a Data-Rich Model, 2026
IFDP Discussion Paper 1435, Federal Reserve Board, with H. Mumtaz and M. Zhong
NEW VERSION! Measuring Shortages since 1900, 2026
with M. Iacoviello and D. Yu
Data and additional material available on our shortage index webpage
Macroeconomic and Financial Risks: A Tale of Mean and Volatility, 2023
Also published here as: International Finance Discussion Papers 1326 with C. Scotti and M. Zhong
What are the Effects of Fiscal Shocks? A VAR-Based Comparative Analysis, 2008
ECB Working Paper Series 877, with C. Kamps