News and Uncertainty about COVID-19: Survey Evidence and Short-Run Economic Impact (2022), with A. Dietrich, G. Müller, R. Schoenle.
Journal of Monetary Economics, accepted. draft
Fixed on Flexible: Rethinking Exchange Rate Regimes after the Great Recession (2017), with Giancarlo Corsetti and Gernot Mueller.
IMF Economic Review, vol. 65 (3), pp. 586-632. draft, published version
The fiscal mix in the euro-area crisis — dimensions and a model-based assessment of effects (2017), with Giovanni Callegari and Francesco Drudi. Economic Policy, vol 32 (89): 127-169. draft, technical appendix, published version, replication and data
Fiscal Volatility Shocks and Economic Activity (2015), with Jesús Fernández-Villaverde, Pablo A. Guerrón-Quintana, and Juan Rubio-Ramírez. American Economic Review, vol. 105 (11): 3352-84. published version and replication files (complimentary)
Floats, Pegs and the Transmission of Fiscal Policy (2013) , with Giancarlo Corsetti and Gernot Mueller, in: Luis Felipe Céspedes and Jordi Galí (eds) “Series on Central Banking, Analysis, and Economic Policies, Volume 17: Fiscal Policy and Macroeconomic Performance,” p. 235-281, Santiago: Central Bank of Chile. published version (complimentary).
Real Price and Wage Rigidities with Matching Frictions (2010). Journal of Monetary Economics, 57(4), p. 466-477. published version.
Debt Consolidation and Fiscal Stabilization of Deep Recessions (2010), with G. Corsetti, A. Meier and G. Mueller. American Economic Review, Papers and Proceedings, 100(2), p. 41-45. published version (complimentary).
Insurance Policies for Monetary Policy for the Euro Area (2010), with V. Wieland. Journal of the European Economic Association, 8(4), p. 872-912. published version
The Elasticity of the Unemployment Rate with respect to Benefits (2009), with K. Christoffel. Economics Letters, 102(2), p. 102-105. published version.
Is the New Keynesian Phillips Curve Flat? (2009), with G. Mueller and S. Stoelting. Economics Letters, 103(1), p. 39-41. published version.
Resuscitating the Wage Channel in Models with Unemployment Fluctuations (2008), with K. Christoffel. Journal of Monetary Economics, 2008, 55(5), p. 865-887. published version.
Value-at-Risk Prediction: A Comparison of Alternative Strategies (2006), with S. Mittnik and M. Paolella. Journal of Financial Econometrics, 2006, 4(1), p. 53-89. published version.
Optimal Monetary Policy Rules for the Euro Area (2005), with A. Dieppe and P. McAdam. Journal of Common Market Studies, 2005, 43(3), p. 507 – 537. published version.
An old (dormant) paper
Inflation Dynamics with Labour Market Matching: Assessing Alternative Specifications (2009), with Christoffel, Costain, de Walque, Linzert, Millard, and Pierrard, Philadelphia Fed WP 09-6. Download.