Assistant Professor in Economics
@ University of Warwick
August 28, 2019
Riccardo Degasperi, Seokki Simon Hong, Giovanni Ricco
Presentation Slides [PDF]
How does US monetary policy affects the rest of the world? This paper provides evidence on how policy actions are transmitted across the global economy by employing a high...
June 22, 2019
Lucrezia Reichlin, Giovanni Ricco, and Thomas Hasenzagl
Slides for the 5th Annual Macroprudential Conference: Macroprudential, June 2019 in Eltville [PDF]
We evaluate whether financial conditions can be used to predict risks of recessions and study...
January 18, 2019
Thomas Hasenzagl, Filippo Pellegrino, Lucrezia Reichlin, and Giovanni Ricco
Slides [PDF] Slides NBER-NSF SBIES 2019 [PDF] MMCN 2019 Lightning Talk [PDF]
New Draft [PDF], Warwick wp [Link], OFCE wp [Link], CEPR Discussion Paper [Link]
A view often expressed by central banks...
December 30, 2018
Giovanni Ricco, Silvia Miranda-Agrippino
New Draft [PDF] and slides [PDF]
This paper discusses conditions for identification of structural shocks with external instruments in VARs, under partial invertibility. This is a very general con...
July 18, 2018
Silvia Miranda-Agrippino, Giovanni Ricco
Last version of the Working Paper [PDF]
[Bank of England Working Paper Series] [OFCE Working Paper Series] [Warwick Working Paper Series]
Replica Files [ZIP] Informationally robust IV [XLSX]
October 18, 2017
Central banks’ decisions are a function of forecasts of macroeconomic fundamentals. Because private sector forecasts may not be aligned to central banks’ forecasts, what markets labe...
June 28, 2016
Download [PDF] [ECB wp Series]
Abstract: Can discretionary increases in government spending stimulate the economy? We answer this question by taking into account both the information flow on fiscal...
August 9, 2015
Alberto Caruso, Lucrezia Reichlin, Giovanni Ricco
Download [PDF] [European Commission Discussion Paper]
Abstract: This paper studies the joint dynamics of public debt and public deficit in the euro area for the period 1981-2013 and compute proje...
September 18, 2019
European Economic Review, Volume 119, October 2019 [Link]
Accepted Draft [PDF] Replica Code [ZIP] Working Paper [CEPR wp]
Article on Vox `The financial origin of the euro area fiscal wound' [Link]
Billet de blog pour l'OFCE (FR) `L’origine financière de la blessure budgé...
August 19, 2018
Approved for publication in the forthcoming Economics and Finance Oxford Research Encyclopedia edited by Jonathan Hamilton by Oxford University Press [Warwick wp]
BVARs: Estimation [Oxford Research Encyclopedia] [PDF]
BVARs: Applications [Oxford Re...
January 12, 2018
Paul Hubert, Giovanni Ricco
[French] La Revue de l’OFCE, January 2018 [Link] [PDF]
[English] La Revue de l’OFCE, September 2018 [Link]
This article presents some recent theoretical and empirical contributions to the macroeconomic literature that challenge the perfect information hypothesis. By tak...
September 7, 2017
Atif Ellahie, Giovanni Ricco
Download [PDF] [Online Appendix]
Journal of Monetary Economics Volume 90, October 2017, Pages 13-27 [Link]
Abstract: Using a large Bayesian VAR, we approximate the flow of information received by economic agents to investigate the effects of changes to government purcha...
Giovanni Ricco, Giovanni Callegari, Jacopo Cimadomo
Dowload [JME] [ECB wp] [Appendix]
Journal of Monetary Economics, Volume 82, September 2016, Pages 107-118
Abstract: This paper investigates the influence of fiscal policy communication on the propagation of government spending shocks. We propose a new i...
April 11, 2011
Jarah Evslin, Giovanni Ricco
Nuclear Physics B Volume 845, Issue 2, 11 April 2011, Pages 190-211 [Link]
The AdS/hydrodynamics correspondence provides a 1–1 map between large wavelength features of AdS black branes and conformal fluid flows. In this note we consider boundaries between nonrelativisti...