Selected Publications
2020
- Laczó S. Rossi R. "Time-Consistent Consumption Taxation", Journal of Monetary Economics (forthcoming)
- Lim C., Snyder J. "What Shapes the Quality and Behavior of Government Officials? Institutional Variation in Selection and Retention Methods", Annual Review of Economics (forthcoming)
- Altug S., Collard F., Çakmakli C., Özsöylev H., Mukerji S. "Ambiguous Business Cycles: A Quantitative Assessment", Review of Economic Dynamics (forthcoming)
- Algan Y., Mayer T., Safi M., Thoenig M. "The Economic Incentives of Cultural Transmission: Spatial Evidence from Naming Patterns across France", Economic Journal (forthcoming)
- Daskalova V., Vriend N.J. "Categorization and Coordination", European Economic Review (forthcoming)
- Fella G., Frache S., Koeniger W. (2020) Buffer-stock saving and households' response to income shocks, International Economic Review
- Gagliarducci S., Manacorda M. (2020) Politics in the Family: Nepotism and the Hiring Decisions of Italian Firms, American Economic Journal: Applied Economics
- Manacorda M., Tesei A. (2020) Liberation Technology: Mobile Phones and Political Mobilization in Africa, Econometrica
- Hanany E., Klibanoff P., Mukerji S. (2020) Incomplete Information Games with Ambiguity Averse Players, American Economic Journal: Microeconomics
- Cubitt R., Mukerji S., Van de Kuilen G. (2020) Discriminating between models of ambiguity attitude: a qualitative test, Journal of European Economic Association
- Lipnowski E., Ramos J. (2020) Repeated Delegation, Journal of Economic Theory
- Degryse H., Ioannidou V., Liberti J., Sturgess J. (2020) When Do Laws and Institutions Affect Recovery Rates on Collateral?, Review of Corporate Finance Studies
2019
- Bianchi D., Chiarella C. (2019) An Anatomy of Industry Merger Waves, Journal of Financial Econometrics
- Bianchi D., Billio M., Casarin R., Guidolin M. (2019) Modeling Systemic Risk with Markov Switching Graphical SUR Models, Journal of Econometrics
- Bonfiglioli A., Crinò R., Gancia G. (2019) Trade, Finance and Endogenous Firm Heterogeneity, Journal of European Economic Association
- Bonfiglioli A., Gancia G. (2019) Heterogeneity, Selection and Labor Market Disparities, Review of Economic Dynamics
- Carriero A., Clark T., Marcellino M. (2019) Large Vector Autoregressions with stochastic volatility and non-conjugate priors, Journal of Econometrics
- D'Alessandro A., Fella G., Melosi L. (2019) Fiscal Stimulus with Learning-by-Doing, International Economic Review
- De Nardi M., Fella G., Paz-Pardo G. (2019) Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare, Journal of the European Economic Association
- Fella G., Gallipoli G., Pan J. (2019) Markov-Chain Approximations for Life-Cycle Models, Review of Economic Dynamics
- Labonne J., Franklin S. (2019) Economic Shocks and Labour Market Flexibility, Journal of Human Resources
- Seshadri A., Lee SYT. (2019) On the Integenerational Transmission of Economic Status, Journal of Political Economy
- Fehr D., Heinemann F., Llorente-Saguer A. (2019) The Power of Sunspots: An Experimental Analysis, Journal of Monetary Economics
- Alessandri P., Mumtaz H. (2019) Financial Regimes and uncertainty shocks, Journal of Monetary Economics
- Mandalinci Z., Mumtaz H. (2019) Global Economic Divergence and Portfolio Capital Flows to Emerging Markets, Journal of Money, Credit and Banking
- Raute A. (2019) Can financial incentives reduce the baby gap? Evidence from a reform in maternity leave benefits, Journal of Public Economics
- Lambrinoudakis C., Skiadopoulos G., Gkionis K. (2019) Capital structure and financial flexibility: Expectations of future shocks, Journal of Banking and Finance
- Kapetanios G., Konstantinidi E., Neumann M., Skiadopoulos G. (2019) Jumps in Option Prices and their Determinants: Real-Time Evidence from the E-mini S&P 500 Option Market, Journal of Financial Markets
- Hwang B-H., Liberti JM., Sturgess J. (2019) Information sharing and spillovers: Evidence from financial analysts, Management Science
- Rupert P., Šustek R. (2019) On the Mechanics of New-Keynesian Models, Journal of Monetary Economics
- Durante R., Pinotti P., Tesei A. (2019) The Political Legacy of Entertainment TV, The American Economic Review
- Galanis G., Yoshihara N., Veneziani R. (2019) The dynamics of inequalities and unequal exchange of labor in intertemporal linear economies, Journal of Economic Dynamics and Control
2018
- Bonfiglioli A., Crinò R., Gancia G. (2018) Betting on Exports: Trade and Endogenous Heterogeneity, Economic Journal
- Breedon F. (2018) On the Transactions Cost of UK Quantitative Easing, Journal of Banking and Finance
- Carriero A., Clark T., Marcellino M. (2018) Measuring Uncertainty and its impact on the Economy, Review of Economics and Statistics
- Cornaglia F., Lekfuangfu WN., Warrinnier N., Powdthavee N. (2018) Locus of control and its intergenerational implications for early childhood skill formation, Economic Journal
- Faccini R., Konstantinidi E., Skiadopoulos G., Sarantopoulou S. (2018) A New Predictor of U.S. Real Economic Activity: The S&P 500 Option Implied Risk Aversion, Management Science
- Fasani F. (2018) Immigrant crime and legal status: evidence from repeated amnesty programs, Journal of Economic Geography
- Franklin S. (2018) "Location, Search Costs and Youth Unemployment: Experimental Evidence from Transport Subsidies", Economic Journal
- Giraitis L., Surgailis D., Skarnulis A. (2018) Stationary integrated ARCH and AR processes with finite variance, Econometric Theory
- Abraham A., Laczó S. (2018) Efficient Risk Sharing with Limited Commitment and Storage, Review of Economic Studies
- Gierlinger J., Laczó S. (2018) Matching to Share Risk without Commitment, Economic Journal
- Seshadri A., Lee SYT. (2018) Economic Policy and Equality of Opportunity, Economic Journal
- Aum S., Shin Y., Lee SYT. (2018) Computerizing Industries and Routinizing Jobs: Explaining Trends in Aggregate Productivity, Journal of Monetary Economics
- Lim C., Yurukoglu A. (2018) Dynamic Natural Monopoly Regulation: Time Inconsistency, Moral Hazard, and Political Environments, Journal of Political Economy
- Bouton L., Llorente-Saguer A., Malherbe F. (2018) Get Rid of Unanimity: The Superiority of Majority Rules with Veto Power, Journal of Political Economy
- Eguia J., Llorente-Saguer A., Morton R., Nicolo A. (2018) Equilibrium Selection in Sequential Games with Imperfect Information, Games and Economic Behaviour
- Manzini P., Mariotti M., Ulku L. (2018) Stochastic Complementarity, The Economic Journal
- Manzini P., Mariotti M. (2018) Dual Random Utility Maximisation, Journal of Economic Theory
- Marriotti M., Veneziani R. (2018) Opportunities as chances: maximising the probability that everybody succeeds, Economic Journal
- Manzini P., Mariotti M. (2018) Competing for Attention: Is the Showiest also the Best?, Economic Journal
- Collard F., Mukerji S., Sheppard K., JM Tallon. (2018) Ambiguity and the Histroical Equity Premium, Quantitative Economics
- Mumtaz H., Theodoridis K. (2018) The changing transmission of uncertainty shocks in the US: An empirical analysis, Journal of Business and Economic Statistics
- Mumtaz H., Pinter G., Theodoridis K. (2018) What do VARs Tell Us about the Impact of a Credit Supply Shock", International Economic Review
- Mumtaz H., Sunder-Plassmann L., Theophilopoulou A. (2018) "The State Level Impact of Uncertainty Shocks", Journal of Money, Credit and Banking
- Panebianco F., Prummer A., Siedlarek JP. (2018) Convergence of Cultural Traits with Time-Varying Self-Confidence in the Panebianco (2014) Model - A Corrigendum, Journal of Economic Theory
- Cornelissen T., Dustmann C., Raute A., Schönberg U. (2018) Who benefits from universal childcare? Estimating marginal returns to early childcare attendance, Journal of Political Economy
- Bernales A., Cortazar G., Salamunic L., Skiadopoulos G. (2018) Learning and Index Option Returns, Journal of Business and Economic Statistics
- Liberti J., Sturgess J. (2018) The Anatomy of a Credit Supply Shock: Evidence from an Internal Credit Market, Journal of Financial and Quantitative Analysis
- Tyson C. (2018) Rationalizability of menu preferences, Economic Theory
- Charpe M., Flaschel P., Galanis G., Proaño CR., Veneziani R. (2018) Macroeconomic and Stock Market Interactions with Endogenous Aggregate Sentiment Dynamics, Journal of Economic Dynamics and Control
- Santaeulàlia-Llopis R., Zheng Y. (2018) The Price of Growth: Consumption Insurance in China 1989 – 2009, American Economic Journal: Macroeconomics
2017
- Bianchi D., Guidolin M., Ravazzolo F. (2017) Macroeconomic Factors Strike Back: A Bayesian Change Point Model of Time-Varying Risk Exposures and Premia in the U.S. Cross Section, Journal of Business and Economic Statistics
- Bianchi D., Guidolin M., Ravazzolo F. (2017) Dissecting the 2007-2009 Real Estate Market Bust: Systematic Pricing Correction or Just a Housing Fad?, Journal of Financial Econometrics
- Carriero A., Clark T., Marcellino M. (2017) Measuring Uncertainty and Its Impact on the Economy, Review of Economics and Statistics
- Dustmann C., Fasani F., Speciale B. (2017) Illegal migration and consumption behavior of immigrant households, Journal of European Economic Association
- Fasani F., Frattini T., Devillanova C. (2017) Employment of Undocumented Immigrants and the Prospect of Legal Status: Evidence from an Amnesty Program, Industrial and Labor Relations Review
- De Nardi M., Fella G. (2017) Savings and Wealth Inequality, Review of Economics Dynamics
- Epifani P., Gancia G. (2017) Global Imbalances Revisited: The Transfer Problem and Transport Costs in Monopolistic Competition, Journal of International Economics
- Fan Y., Guerre E., Zhu D. (2017) Partial Identification and Confidence Sets for Functionals of the Joint Distribution of ‘Potential Outcomes’, Journal of Econometrics
- Bouton L., Castanheira M., Llorente-Saguer A. (2017) Multicandidate Elections: Aggregate Uncertainty in the Laboratory, Games and Economic Behavior
- Llorente-Saguer A., Zultan R. (2017) Collusion and information revelation in auctions, European Economic Review
- Bouton L., Llorente-Saguer A., Marlherbe F. (2017) Unanimous rules in the laboratory, Games and Economic Behavior
- Condorelli D., Galeotti A., Renou L. (2017) Bilateral Trading in Networks, Review of Economic Studies
- Jewitt I., Mukerji S. (2017) Ordering ambiguous acts, Journal of Economic Theory
- Alessandri P., Mumtaz H. (2017) Financial conditions and density forecasts for US output and inflation, Review of Economic Dynamics
- Liu P., Mumtaz H., Theodoridis H., Zanetti F. (2017) Changing Macroeconomic Dynamics at the Zero Lower Bound, Journal of Business and Economic Statistics
- Mumtaz H., Theodoridis K. (2017) Common and country specific economic uncertainty, Journal of International Economics
- Mumtaz H., Theophilopoulou A. (2017) The impact of monetary policy on inequality in the UK. An empirical analysis, European Economic Review
- Nikolowa R. (2017) Motivate and Select: Relational Contract with persistent Types, Journal of Economics and Management Strategy
- Chortareas G., Noikokyris E. (2017) Federal reserve's policy, global equity markets, and the local monetary policy stance, Journal of Banking and Finance
- Manning A., Petrongolo B. (2017) How local are labor markets? Evidence from a spatial job search model, The American Economic Review
- Olivetti C., Petrongolo B. (2017) The economic consequences of family policies. Drawing lessons from a century of legislation across OECD countries, Journal of Economic Perspectives
- Ngai R., Petrongolo B. (2017) Gender gaps and the rise of the service economy, American Economic Journal: Macroeconomics
- Prummer A., Siedlarek JP. (2017) Community Leaders & the Preservation of Cultural Traits, Journal of Economic Theory
- Mezzetti C., Renou L. (2017) Repeated Nash Implementation, Theoretical Economics
- Daskalaki C., Skiadopoulos G., Topaloglou N. (2017) Diversification benefits of Commodities: A Stochastic Dominance Efficiency Approach, Journal of Empirical Finance
- Giannetti M., Liberti J., Sturgess J. (2017) Information Sharing and Rating Manipulation, Review of Financial Studies
- Calomiris C., Larrain M., Liberti J., Sturgess J. (2017) How Collateral Laws Shape Lending and Sectoral Activity, Journal of Financial Economics
- Garriga C., Kydland FE., Sustek R. (2017) Mortgages and Monetary Policy, Review of Financial Studies
- Bas M., Mayer T., Thoenig M. (2017) From micro to macro: Demand and supply-side determinants of the trade elasticity, Journal of International Economics
- Koenig M., Rohner D., Thoenig M., Zilibotti F. (2017) Networks in Conflict Theory and Evidence from the Great War of Africa, Econometrica
- Olaru I., Zachariadis KE. (2017) The Impact of Security Trading on Corporate Restructurings, Review of Finance
Former Academic Staff
- Azmat G. (2017) Gender Gaps in Performance: Evidence from Young Lawyers, Journal of Political Economy
- Battistin E., De Nadai M., Vuri D. (2017) Counting Rotten Apples: Student Achievement and Score Manipulation in Italian Elementary Schools, Journal of Econometrics.
- Angrist J., Battistin E., Vuri D. (2017) In a Small Moment: Class Size and Moral Hazard in the Mezzogiorno, American Economic Journal: Applied Economics
- Farkas W., Gourier E., Huitema R., Necula C. (2017) A two-factor cointegrated commodity price model with an application to spread option pricing, Journal of Banking and Finance
2016
- Axbard S. (2016) Income Opportunities and Sea Piracy in Indonesia, American Economic Journal: Applied Economics
- Breedon F., Rime D., Vitale P. (2016) Carry Trades, Order Flow and the Forward Bias Puzzle, Journal of Money Credit and Banking
- Carriero A., Clark T., Marcellino M. (2016) Common Drifting Volatility in Large Bayesian VARs, Journal of Business and Economic Statistics
- Carriero A., Kapetanios G., Marcellino M. (2016) Structural analysis with multivariate autoregressive index models, Journal of Econometrics
- Faccini R., Mumtaz H., Surico P. (2016) International fiscal spillovers, Journal of International Economics
- Dustmann C., Fasani F. (2016) The Effect of Local Area Crime on Mental Health, Economic Journal
- Cozzi M., Fella G. (2016) Job Displacement Risk and Severance Pay, Journal of Monetary Economics
- Giraitis L., Galvao A., Kapetanios G., Petrova K. (2016) A time-varying DSGE model with financial frictions, Journal of Empirical Finance
- Levin D., Peck J., Ivanov A. (2016) Separating Bayesian Updating from Non-Probabilistic Reasoning: An Experimental Investigation, American Economic Journal: Microeconomics
- Bouton, L., Castanheira, M., Llorente-Saguer A (2016) Divided Majority and Information Aggregation: Theory and Experiment, Journal of Public Economics
- Amarante V., Manacorda M., Miguel E., Vigorito A. (2016) Do Cash Transfers Improve Birth Outcomes? Evidence from Matched Vital Statistics, Social Security and Program Data, American Economic Journal: Economic Policy
- Koppensteiner M., Manacorda M. (2016) Violence and birth outcomes: Evidence from homicides in Brazil, Journal of Development Economics
- Manzini P., Mariotti M. (2016) Competing for Attention: Is the Showiest also the Best?, Economic Journal
- Olivetti C., Petrongolo B. (2016) The evolution of the gender gap in industrialized countries, Annual Review of Economics
- Konstantinidi E., Skiadopoulos G. (2016) How does the Market Variance Risk Premium vary over Time? Evidence from S&P 500 Variance Swap Investment Returns, Journal of Banking and Finance
- Porras Prado M., Saffi PAC., Sturgess J. (2016) Ownership Structure, Limits to Arbitrage and Stock Returns: Evidence from Equity Lending Markets, Review of Financial Studies
- Kydland F., Rupert P., Sustek R. (2016) Housing Dynamics over the Business Cycle, International Economic Review
- Caselli F., Tesei A. (2016) Resource Windfalls, Political Regimes, and Political Stability, Review of Economics and Statistics
- Lombardi M., Miyagishima K., Veneziani R. (2016) Liberal Egalitarianism and the Harm Principle, Economic Journal
- Cvijanovic D., Dasgupta A., Zachariadis KE. (2016) Ties that Bind: How Business Connections Affect Mutual Fund Activism, Journal of Finance
Former Academic Staff
- Azmat G., Calsamiglia C., Iriberri N. (2016) Gender Differences in Response to Big Stakes, Journal of European Economic Association
- Bardgett C., Gourier E., Leippold M. (2016) Inferring volatility dynamics and risk-premia from the S&P500 and VIX markets, Journal of Financial Economics
- Filipovic D., Gourier E., Mancini L. (2016) Quadratic Variance Swap Models, Journal of Financial Economics
- Weale M., Wieladek T. (2016) What are the macroeconomic effects of asset purchases?, Journal of Monetary Economics