Policy Papers

Publications

The ECB’s Asset Purchase Programme: Theory, Effects, and Risks,” Journal of Economic Surveys, 37(3), pp. 890-914. (with Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori)

The ECB’s New Inflation Target from a Short-and Long-Term Perspective,” Journal of Policy Modeling, 45(2), pp. 286-304, (2023). (with Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori)

The Spectre of Financial Dominance in the Eurozone,” Italian Economic Journal, (2023). (with Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori)

The European Monetary Policy Responses During the Pandemic Crisis,” Open Economies Review, 33, pp. 657–675, (2022). (with Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori)

Shocks in Europe, Changes in Uncertainty, and Policies,” Journal of Economic Policy, 3, pp. 339-356, (2021). (with Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori)

·“The Relevance or Irrelevance of Asset Purchase Programs,” in Rethinking the Central Bank’s Mandate, Sveriges Riksbank Economic Review, 3, Special issue, pp. 78-85, (2016).

Working Papers

Stagflation and Fragmentation: The Euro-Area at the Crossroad,” with (Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori), prepared for the ECON committee Monetary Dialogue, European Parliament, June 2022.

The Implementation and Rationale of the New ECB’s Inflation Target,” with (Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori), prepared for the ECON committee Monetary Dialogue, European Parliament, November 2021.

Financial Dominance in the Pandemic and Post-Pandemic European Economy,” with (Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori), prepared for the ECON committee Monetary Dialogue, European Parliament, September 2021.

The ECB’s Measures in Support of the COVID-19 Crisis,” with (Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori), prepared for the ECON committee Monetary Dialogue, European Parliament, February 2021.

Uncertainty and The Pandemic Shock,” with (Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori), prepared for the ECON committee Monetary Dialogue, European Parliament, November 2020.

Theory, Evidence, and Risks of the ECB’s Asset Purchase Programme,” with (Paolo Canofari, Giovanni Di Bartolomeo, Marcello Messori), prepared for the ECON committee
Monetary Dialogue, European Parliament, September 2020.