Interests: Macroeconomics, Spatial Macroeconomics, International Economics

PUBLICATIONS

1. Real Business Cycle in Emerging Countries?
   American Economic Review, 100, December 2010, 2510-2531
   with Javier Garcia-Cicco (Banco Central de Chile), and Martin Uribe (Columbia University)
2. How Beneficial Was the Great Moderation After All?
   Journal of Economic Dynamics and Control, Vol.46, September 2014, 73-90
3. The Heterogenous Great Moderation
   European Economic Review, Volume 74, February 2015, Pages 207–228
   – Online Appendix
   – Matlab Toolkit to run the SCI-Tests: Download
4. The Price of Capital and the Financial Acceleration
   Economics Letters, Volume 140, December 2016, Pages 86-89
   with Hernan Seoane (U. Carlos III de Madrid), and Marija Vukotic (University of Warwick)
   – Code for solving BGG with the equilibrium price of capital Download
   – Replication files Download
5. Inflation Sensitivity To Monetary Policy: What Has Changed since the Early 1980’s
   Oxford Bulletin of Economics and Statistics, Volume 81, Issue 1, April 2019, pp 412-436
   with Marija Vukotic (University of Warwick)
6. Endogenous Partial Insurance and Inequality
   Journal of the European Economic Association, Volume 18, Issue 5, October 2020, Pages 2270–2314
   with Eric Mengus (HEC Paris).
7. Natural Expectations and Home Equity Extraction
   Journal of Housing Economics, Vol. 46, December 2019
   with Mario Pietrunti (Banca d’Italia and Toulouse School of Economics).
8. Welfare Gains of Bailouts in a Sovereign Default Model
   Journal of Economic Dynamics and Control, Vol. 113, 193867, April 2020.
   with Hernan Seoane (U. Carlos III de Madrid), and Marija Vukotic (University of Warwick)
9. Transparency, Political Conflict, and Debt
   Journal of International Economics, Volume 126, September 2020, 103331
   with Lorenzo Prosperi (Prometeia)
10. Geographic negative correlation of estimated incidence between first and second waves of Coronavirus Disease 2019 (Covid-19) in Italy
    Mathematics, 9(2), 133, January 2021
    with Margherita Carletti (Università di Urbino)
11. Covid-19: Regional policies and local infection risk. Evidence from Italy with a modelling study
    The Lancet Regional Health – Europe, Volume 8, September 2021.
    with Gabriele Guaitoli (U. Warwick)
12. How Distorted Food Prices Discourage Healthy Diet
    Science Advances, 30 March 2022, Vol. 8, Issue 13
    with Thijs Van Rens (U. Warwick) and Marija Vukotic (U. Warwick)
13. Age-Income Gaps: The Role of Skill Congestion
    European Economic Review, 2026, Volume 188, August 2026, 105408
    with Gabriele Guaitoli (Universitat Autonoma de Barcelona)

WORKING PAPERS

• Inter-generational Congestion and Spatial Labour Market Outcomes Work in Progress
  with Gabriele Guaitoli (Universitat Autonoma de Barcelona) and Damiano Raimondi (U. Warwick).
• The Geometry of Weak Identification: Spatial Instruments in the Cross-Section Work in Progress
  with Gabriele Guaitoli (Universitat Autonoma de Barcelona) and Damiano Raimondi (U. Warwick).
• Spatial autocorrelation in macroeconomic spatial model Work in Progress
  with Gabriele Guaitoli (Universitat Autonoma de Barcelona) and Damiano Raimondi (U. Warwick).
• Interest Overhang: A Rationale for the Existence of Sovereign Lending Mechanisms Work in Progress
  with Luca Zavalloni (Bank of Ireland). (January 2023)
• Sovereign Default and Information Frictions Work in Progress
  with Christian Hellwig (Toulouse School of Economics) and Constance de Soyres (Toulouse School of Economics).
• Performance-based contracts, Income Inequality and Wealth Inequality Work in Progress
  with Pablo Beker (U. Warwick) and Carlo Perroni (U. Warwick).
• Estimating and Forecasting Covid-19 Evolution in the UK and its Regions
  Policy note: Cage Policy Briefing No.20, April, 2020.