Publications

Market Regulation, Cycles and Growth in a Monetary Union (with Sebastian Weber). Journal of Money, Credit and Banking, forthcoming.

Downturns and changes in the yield slope (with Juan Equiza, Antonio Moreno and Tommaso Trani), Journal of Forecasting, forthcoming.

Term Premium in a Fractionally Cointegrated Yield Curve (with Hector Carcel, Luis Gil-Alana and Antonio Moreno), Journal of Banking and Finance, Vol. 149, April 2023.

On Price Dynamics with Search and Bargaining in the Product Market (with Tommaso Trani), Macroeconomic Dynamics, Volume 26, Issue 3, April 2022, pp. 545 - 578.

Long-term Business Relationships, Bargaining and Monetary Policy, with (Asier Aguilera and Tommaso Trani), Economic Modelling, Vol. 101, August 2021

Heterogeneous Market Regulation and Divergence in a Currency Union  (with Sebastian Weber). In N. Campos, P. De Grauwe, & Y. Ji (Eds.), Economic Growth and Structural Reforms in Europe (pp. 111-140). Cambridge: Cambridge University Press. doi:10.1017/9781108782517.007

Global Factors in the Term Structure of Interest Rates (with Antonio Moreno, Salvatore Dell’Erba and Sergio Sola), International Journal of Central Banking, Vol. 14 (2), pp. 301-39, March 2018. 

Reassessing the Role of Labor Market Institutions for the Business Cycle (with Sebastian Weber), International Journal of Central Banking, Vol. 14 (1), pp. 1-34, January 2018.

Term Structure Persistence (with Antonio Moreno, Yuliya Lovcha and Luis Gil-Alana), Journal of Financial Econometrics, 14 (2): 331-352, Spring 2016. Prize: Best paper on Fixed Income, 20th Finance Forum

Downward Wage Rigidities and Business Cycle Asymmetries (with Stephan Fahr),  Journal of Monetary Economics, vol. 60(7), pages 871-886, October 2013. (Formerly Macroeconomic Implications of Downward Wage Rigidities, ECB WP Series No. 1321, April 2011)

Asymmetric Labor Market Institutions in the EMU and the Volatility of Inflation and Unemployment Differentials (with Andreas Mueller), Journal of Money, Credit and Banking,Volume 45, Issue 6, pages 1165–1186, September 2013.

Labor Market Imperfections, the ‘Divine Coincidence’ and the Volatility of Employment and Inflation (with Andrea Boitani and Mirella Damiani), January 2012, Review of Economics and Institutions, vol. 3(1), p. 1-37.