Working Papers

·“Dynamic Debt Deleveraging and Optimal Monetary Policy,” NBER Working Paper No. 20556. (October 2014.) (with Federica Romei and Gauti Eggertsson)

·“Safe Assets, Liquidity and Monetary Policy,” CEPR Discussion Paper No. 9767. (November 2013.) (with Salvatore Nisticò)

·“Poteri Straordinari della Banca Centrale in un Sistema di Moneta Fiduciaria,” in C. Patalano e C. Santini (eds) Profili di Gestione della Crisi. Il Mercato, Le Imprese, La Società. (2013.)

·“Globalization, Pass-Through and Inflation Dynamic,” NBER Working Paper No. 15842. (March 2010.) (with Ester Faia.)

·“New-Keynesian Economics: An AS-AD View,” NBER Working Paper No. 14824. (March 2009.)

·“Overconfidence, Subjective Perception and Pricing Behavior,” NBER Working Paper No. 11922. (January 2006.) (with A. Karantounias.)


Working Papers not for publication:

The Inflation-Unemployment Trade-Off at Low Inflation,” NBER Working Paper No. 13986. (April 2008.) (with Luca Antonio Ricci.) It contains additional material with respect to the published version ·“The Inflation-Output Trade-Off with Downward Wage Rigidities,” published in The American Economic Review Vol. 101, No. 4, pp. 1436-1466, (2011).

· Portfolio Choices with Near Rational Agents: A Solution to Some International-Finance Puzzles,” NBER Working Paper No. 13173. (June 2007.) It has been replaced by International Portfolio Allocation under Model Uncertainty,” forthcoming in American Economic Journal: Macroeconomics. (with Salvatore Nisticó.)