Credibility gains from central bank communication with the public, with Michael Ehrmann and Geoff Kenny, European Economic Review, forthcoming.
Do Inflation Expectations Become More Anchored during a Disinflation Episode? Evidence for Euro Area Firms, with Ursel Baumann, Annalisa Ferrando, Yuriy Gorodnichenko and Timo Reinelt, AEA Papers and Proceedings, 2025.
Tell Me Something I Don’t Already Know: Learning in Low and High-Inflation Settings, with Hassan Afrouzi, Bernardo Candia, Olivier Coibion, Serafin Frache, Yuriy Gorodnichenko, Geoff Kenny, Saten Kumar, Rodrigo Lluberas, Brent Meyer, Jorge Ponce, Tiziano Ropele and Michael Weber, Econometrica, 2025.
Wealth Shocks and Portfolio Choice, with Dimitris Christelis, Tullio Jappelli and Geoff Kenny, Journal of Monetary Economics 2025.
The Effect of Macroeconomic Uncertainty on Household Spending, with Olivier Coibion, Yuriy Gorodnichenko, Geoff Kenny and Michael Weber. The American Economic Review 2024.
Forward Guidance and Household Expectations, with Olivier Coibion, Yuriy Gorodnichenko and Michael Weber, Journal of the European Economic Association 2023.
How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial, with Olivier Coibion, Yuriy Gorodnichenko and Maarten van Rooij, American Economic Journal: Macroeconomics 2023.
Household Spending and Fiscal Support During the COVID-19 Pandemic: Insights from a New Consumer Survey, with Geoff Kenny, Journal of Monetary Economics 2022.
Heterogeneous Wealth Effects, with Dimitris Christelis, Tullio Jappelli, Luigi Pistaferri and Maarten van Rooij, European Economic Review 2021.
Exploring Differences in Household Debt Across Euro Area Countries and the United States, with Dimitris Christelis and Michael Ehrmann, Journal of Money, Credit and Banking 2021.
Consumption Uncertainty and Precautionary Saving, with Dimitris Christelis, Tullio Jappelli and Maarten van Rooij, The Review of Economics and Statistics 2020.
Trust in the Central Bank and Inflation Expectations, with Dimitris Christelis, Tullio Jappelli and Maarten van Rooij, International Journal of Central Banking 2020.
The impact of Health Insurance on Stockholding: A Regression Discontinuity Approach, with Dimitris Christelis and Anna Sanz-de-Galdeano, Journal of Health Economics 2020.
Asymmetric Consumption Effects of Transitory Income Shocks, with Dimitris Christelis, Tullio Jappelli, Luigi Pisteferri and Maarten van Rooij, The Economic Journal 2019
Financial Literacy and Savings Account Returns, with Florian Deuflhard and Roman Inderst, Journal of the European Economic Association 2019.
Has Greater Stock Market Participation Increased Wealth Inequality in the US?, with Yannis Bilias and Michael Haliassos, Review of Income and Wealth 2016.
Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession, with Dimitris Christelis and Tullio Jappelli, Journal of Monetary Economics 2015.
Household Repayment Behavior: The Role of Social Capital, Institutional, Political, and Religious Beliefs, with Sven Fürth, European Journal of Political Economy 2015.
Household Debt and Social Interactions, with Michael Haliassos and Giacomo Pasini, The Review of Financial Studies 2014.
Differences in Portfolios across Countries: Economic Environment versus Household Characteristics, with Dimitris Christelis and Michael Haliassos, The Review of Economics and Statistics 2013.
Investing at Home and Abroad: Different Costs, Different People?, with Dimitris Christelis, Journal of Banking and Finance 2013.
Stockholding: Participation, location, and spillovers, with Dimitris Christelis and Michael Haliassos, Journal of Banking and Finance 2011.
Trust, Sociability, and Stock Market Participation, with Giacomo Pasini, Review of Finance 2011.
Portfolio Inertia and Stock Market Fluctuations, with Yannis Bilias and Michael Haliassos, Journal of Money, Credit and Banking 2010.
Entrepreneurship and survival dynamics of immigrants to the U.S. and their descendants, with Konstantinos Tatsiramos, Labour Economics 2009.
Immigrant Self-Employment: Does Intermarriage Matter?, with Konstantinos Tatsiramos, Research in Labor Economics 2009.
How Costly Are Business Cycle Volatility and Inflation? A Vox Populi Approach, with Kwang Hwan Kim, Olivier Coibion, Myungkyu Shim, Myunghwan Andrew Lee, Yuriy Gorodnichenko, Geoff Kenny, Seowoo Han and Michael Weber.
The Causal Effects of Inflation Uncertainty on Households' Beliefs and Actions, with Yuriy Gorodnichenko, Olivier Coibion and Geoff Kenny.
Consumer attitudes towards a central bank digital currency, with Geoff Kenny, Luc Laeven and Justus Meyer.
SAFE to Update Inflation Expectations? New Survey Evidence on Euro Area Firms, with Ursel Baumann, Annalisa Ferrando, Yuriy Gorodnichenko and Timo Reinelt.
Labor Supply Response to Windfall Gains, with Tullio Jappelli, Geoff Kenny and Luigi Pistaferri.
I (Don't) Owe You: Sovereign Default and Borrowing Behavior, with Alex Popov.
Household Inflation Expectations: An Overview of Recent Insights for Monetary Policy, with Francesco D'Acunto, Evangelos Charalambakis, Geoff Kenny, Justus Meyer and Michael Weber.
The COVID-19 crisis and consumption: survey evidence from six EU countries, with Dimitris Christelis, Tullio Jappelli and Geoff Kenny.
Economic Policy Uncertainty and Stock Market Participation, with Enikő Gábor-Tóth.
Monetary Policy Transmission to Mortgages in a Negative Interest Rate Environment, with Adrian Amzallag, Alessandro Calza and Joao Sousa.
Financial Advice and Stock Market Participation, with Roman Inderst.
Monetary policy and household inequality, with Miguel Ampudia, Jiri Slacalek, Oreste Tristani, Philip Vermeulen, and Giovani Violante.
Monetary Policy Transmission to Consumer Financial Stress and Durable Consumption, with Konstantinos Tatsiramos.
Mortgage Indebtedness and Household Financial Distress, with Adriana Lojschova and Melanie E. Ward-Warmedinger.
Household Economic Decisions Under the Shadow of Terrorism, with Dimitris Christelis.