Working Papers

Slides for the 5th Annual Macroprudential Conference: Macroprudential, June 2019 in Eltville [PDF]

Working Paper [PDF]

We evaluate whether financial conditions can be used to predict risks of r...


Last version of the Working Paper [PDF] [Online Appendix]

[BoE wp] [OFCE wp]

Replica Files [ZIP] Informationally robust IV [MAT]

Commonly used instruments for the identification of monetary policy d...

Presentation Slides Mexico City November 2019 [PDF]

How does US monetary policy affects the rest of the world? This paper provides evidence on how policy actions are transmitted across the glo...

Slides [PDFSlides 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...

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...

Slides [PDF]

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...

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...

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Slides for the 5th Annual Macroprudential Conference: Macroprudential, June 2019 in Eltville [PDF]

Working Paper [PDF]

We evaluate whether financial conditions can be used to predict risks of recessions and study their relation with real economic conditions. We focu...


Last version of the Working Paper [PDF] [Online Appendix]

[BoE wp] [OFCE wp]

Replica Files [ZIP] Informationally robust IV [MAT]

Commonly used instruments for the identification of monetary policy disturbances are likely to combine the true policy shock with information...

Presentation Slides Mexico City November 2019 [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 frequency identification of policy shocks...

Slides [PDFSlides 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 is that three components matter for inflation dynamics: a trend anchored...

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 condition, often of empirical relevance, and less stringent than the standar...

Slides [PDF]

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 label as unexpected may contain information about the economic fundamentals.

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 measures and the role played by information frictions. Using a novel set...

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 projections up to 2020. We show that, since 2009, public debt and public defic...

Please reload

© 2018 by Giovanni Ricco.

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