Working Papers

·“The International Supply of Reserve Currency,” CEPR Discussion Paper No. 18686. (December 2023.)

·“It is Baaack. The Surge in Inflation in the 2020s and the Return of the Non-Linear Phillips Curve,” NBER Working Paper No. 31197. (April 2023.) (with Gauti Eggertsson)

·“Gibson’s Paradox and The Natural Rate of Interest,” CEPR Discussion Paper No. 17959. (March 2023.) (with Luca Benati)

·“Managing Monetary Policy Normalization,” CEPR Discussion Paper No. 17290. (May 2022.) (with Gianluca Benigno)

·“Interest, Reserves and Prices,” CEPR Discussion Paper No. 16222. (June 2021.) (with Gianluca Benigno)

·“The Economics of Helicopter Money,” CEPR Discussion Paper No. 14555. (April 2020.) (with Salvatore Nisticò)

·“Inefficiency and Regulation of Private Liquidity,” CEPR Discussion Paper No. 13631. (March 2019.) (with Roberto Robatto)