The ECB strategy: The 2021 review and its future
The CEPR Report "The ECB strategy: The 2021 review and its future" Download the the Book Our VoxEu blog piece From the CEPR website: The...
The Global Transmission of U.S. Monetary Policy
New Working Paper (February 2021) Slides for the NBER Summer Institute 2021 The US monetary policy propagates internationally by...
Information and Policy Shocks in Monetary Surprises
The GitHub Repository contains time series at monthly frequency of the high-frequency instruments for monetary policy and information...
Monetary-Fiscal Crosswinds in the European Monetary Union
BIS working paper We study the monetary-fiscal mix in the European Monetary Union. The medium and long-run effects of conventional and...
Bayesian Local Projections
We propose a Bayesian approach to Local Projections that optimally addresses the empirical bias-variance tradeoff inherent in the choice...
Discussion of "Assessing Central Bank Communication Through Monetary Policy Statements"
Discussion slides of "Assessing Central Bank Communication Through Monetary Policy Statements: Results for Colombia, Chile and Peru" by...
Identification with External Instruments in Structural VARs under Partial Invertibility
New Draft (Feb 2021) IV methods have become the leading approach to identify the effects of macroeconomic shocks. Conditions for...
Monitoring the Economy in Real-Time: Trends and Gaps in Real Activity and Prices
A real-time model to monitor developments in output gap, equilibrium unemployment, trend and cyclical components of inflation.
When is growth at risk?
Brookings Papers on Economic Activity Spring 2020 final draft and codes [Link] Slides [PDF] Conference Draft [PDF] This paper...
S. Miranda-Agrippino, G. Ricco - The Transmission of Monetary Policy Shocks
Final paper and replica codes published on AEJ:macro (Forthcoming) [Link] Monetary Policy Instrument [.xlsx] Replication Codes [.zip]...
A Model of the Fed’s View on Inflation
Accepted at the Review of Economics and Statistics Slides ECB-Cleveland Inflation Conference (May 2020) [PDF] New Draft (August 2020)...
Deep Dynamic Factor Models
Very First Draft [ArXiv] Slides: We propose a novel deep neural net framework -- that we refer to as Deep Dynamic Factor Model (D2FM)...
