Details about Florin O. Bilbiie

Access statistics for papers by Florin O. Bilbiie.

Last updated 2024-11-09. Update your information in the RePEc Author Service.

Short-id: pbi78

Working Papers

2024

1. Monetary Policy and Heterogeneity: An Analytical Framework
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (12)
   Also in Janeway Institute Working Papers, Faculty of Economics, University of Cambridge (2024) View citations (12)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (39)
   2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (52)
2. Stabilization vs. Redistribution: The Optimal Monetary-Fiscal Mix
   Janeway Institute Working Papers, Faculty of Economics, University of Cambridge View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (2)
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2024) View citations (1)
   See also Journal Article Stabilization vs. Redistribution: The optimal monetary–fiscal mix, Journal of Monetary Economics, Elsevier (2024) View citations (1) (2024)

2023

3. Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier
   Janeway Institute Working Papers, Faculty of Economics, University of Cambridge
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (19)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (18)
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2023)
4. Greed? Profits, Inflation, and Aggregate Demand
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023)
   Janeway Institute Working Papers, Faculty of Economics, University of Cambridge (2023)
5. Inequality and Business Cycles
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023) View citations (1)
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2022) View citations (2)
   Janeway Institute Working Papers, Faculty of Economics, University of Cambridge (2022) View citations (2)
6. Sticky Prices or Sticky Wages? An Equivalence Result
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Janeway Institute Working Papers, Faculty of Economics, University of Cambridge (2023)
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2023)

2021

7. HALT: Heterogeneous-Agent Liquidity Traps
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
8. L'Hélicoptère monétaire. Au-delà du mythe
   Post-Print, HAL
   Also in PSE-Ecole d'économie de Paris (Postprint), HAL (2021)
9. Optimal Monetary Policy and Liquidity with Heterogeneous Households
   Post-Print, HAL View citations (26)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (21)
   SciencePo Working papers Main, HAL (2021) View citations (7)
   SciencePo Working papers, HAL (2017) View citations (2)
   SciencePo Working papers Main, HAL (2017)
   SciencePo Working papers Main, HAL (2020) View citations (1)
   Post-Print, HAL (2020) View citations (1)
   Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2017) View citations (15)
   Working Papers, HAL (2017) View citations (16)
   See also Journal Article Optimal Monetary Policy and Liquidity with Heterogeneous Households, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (26) (2021)
10. “Excess Savings” Are Not Excessive
    Liberty Street Economics, Federal Reserve Bank of New York

2020

11. Fiscal Policy in Europe: A Helicopter View
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (2)

2019

12. Capital and Income Inequality: An Aggregate-Demand Complementarity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    See also Journal Article Capital and income inequality: An aggregate-demand complementarity, Journal of Monetary Economics, Elsevier (2022) View citations (25) (2022)

2018

13. Complementarity, Income, and Substitution: A U(C,N) Utility for Macro
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
14. Neo-Fisherian Policies and Liquidity Traps
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (19)
    See also Journal Article Neo-Fisherian Policies and Liquidity Traps, American Economic Journal: Macroeconomics, American Economic Association (2022) View citations (13) (2022)

2017

15. Monetary Neutrality with Sticky Prices and Free Entry
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article Monetary Neutrality with Sticky Prices and Free Entry, The Review of Economics and Statistics, MIT Press (2021) View citations (10) (2021)
16. The New Keynesian Cross
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (22)
    See also Journal Article The New Keynesian cross, Journal of Monetary Economics, Elsevier (2020) View citations (79) (2020)
17. The Puzzle, the Power, and the Dark Side: Forward Guidance Redux
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

2016

18. Monopoly Power and Endogenous Product Variety: Distortions and Remedies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (47)
    See also Journal Article Monopoly Power and Endogenous Product Variety: Distortions and Remedies, American Economic Journal: Macroeconomics, American Economic Association (2019) View citations (53) (2019)
19. Optimal Forward Guidance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    See also Journal Article Optimal Forward Guidance, American Economic Journal: Macroeconomics, American Economic Association (2019) View citations (19) (2019)

2015

20. Is Government Spending at the Zero Lower Bound Desirable?
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (25)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (27)
    See also Journal Article Is Government Spending at the Zero Lower Bound Desirable?, American Economic Journal: Macroeconomics, American Economic Association (2019) View citations (16) (2019)

2014

21. Delegating optimal monetary policy inertia
    Post-Print, HAL View citations (16)
    Also in PSE-Ecole d'économie de Paris (Postprint), HAL (2014) View citations (16)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2014) View citations (15)
    See also Journal Article Delegating optimal monetary policy inertia, Journal of Economic Dynamics and Control, Elsevier (2014) View citations (15) (2014)
22. Optimal monetary policy with endogenous entry and product variety
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL View citations (93)
    Also in PSE-Ecole d'économie de Paris (Postprint), HAL (2014) View citations (90)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (18)
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2011) View citations (20)
    Post-Print, HAL (2014) View citations (104)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (16)
    See also Journal Article Optimal monetary policy with endogenous entry and product variety, Journal of Monetary Economics, Elsevier (2014) View citations (119) (2014)

2013

23. Asset Market Participation, Monetary Policy Rules, and the Great Inflation
    PSE-Ecole d'économie de Paris (Postprint), HAL View citations (47)
    Also in Working Paper Series, European Central Bank (2012)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2013) View citations (54)
    Post-Print, HAL (2013) View citations (27)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (7)
    IMF Working Papers, International Monetary Fund (2006) View citations (15)
    See also Journal Article Asset Market Participation, Monetary Policy Rules, and the Great Inflation, The Review of Economics and Statistics, MIT Press (2013) View citations (41) (2013)
24. Public Debt and Redistribution with Borrowing Constraints
    Post-Print, HAL View citations (46)
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2012) View citations (3)
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2012) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (3)
    PSE-Ecole d'économie de Paris (Postprint), HAL (2013) View citations (47)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2013) View citations (48)
    See also Journal Article Public Debt and Redistribution with Borrowing Constraints, Economic Journal, Royal Economic Society (2013) View citations (58) (2013)

2012

25. Changes in the Output Euler Equation and Asset Markets Participation
    PSE-Ecole d'économie de Paris (Postprint), HAL View citations (28)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2012) View citations (35)
    Post-Print, HAL (2012) View citations (29)
    See also Journal Article Changes in the output Euler equation and asset markets participation, Journal of Economic Dynamics and Control, Elsevier (2012) View citations (35) (2012)
26. Endogenous Entry, Product Variety and Business Cycles
    Post-Print, HAL View citations (338)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2012) View citations (349)
    Scholarly Articles, Harvard University Department of Economics (2012) View citations (357)
    PSE-Ecole d'économie de Paris (Postprint), HAL (2012) View citations (338)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (206)
    Working Papers, HAL (2007) View citations (203)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (11)
    See also Journal Article Endogenous Entry, Product Variety, and Business Cycles, Journal of Political Economy, University of Chicago Press (2012) View citations (396) (2012)

2011

27. Designing Domestic Institutions for International Monetary Policy Cooperation: a Utopia?
    PSE-Ecole d'économie de Paris (Postprint), HAL View citations (3)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2011) View citations (3)
    Post-Print, HAL (2011) View citations (3)
    See also Journal Article Designing domestic institutions for international monetary policy cooperation: A Utopia?, Journal of International Money and Finance, Elsevier (2011) View citations (3) (2011)
28. Non-Separable Preferences, Frisch Labor Supply and the Consumption Multiplier of Government Spending: One Solution to a Fiscal Policy Puzzle
    PSE-Ecole d'économie de Paris (Postprint), HAL View citations (89)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2011) View citations (84)
    Post-Print, HAL (2011) View citations (75)
    See also Journal Article Nonseparable Preferences, Frisch Labor Supply, and the Consumption Multiplier of Government Spending: One Solution to a Fiscal Policy Puzzle, Journal of Money, Credit and Banking, Blackwell Publishing (2011) View citations (93) (2011)
29. The Time Inconsistency of Delegation-Based Time Inconsistency Solutions in Monetary Policy
    Post-Print, HAL View citations (1)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2011) View citations (1)
    PSE-Ecole d'économie de Paris (Postprint), HAL (2011) View citations (1)
    See also Journal Article The Time Inconsistency of Delegation-Based Time Inconsistency Solutions in Monetary Policy, Journal of Optimization Theory and Applications, Springer (2011) View citations (1) (2011)

2009

30. Non-Separable Preferences and Frisch Labor Supply: One Solution to a Fiscal Policy Puzzle
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
31. Nonseparable Preferences, Fiscal Policy Puzzles, and Inferior Goods
    Post-Print, HAL View citations (41)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2009) View citations (44)
    PSE-Ecole d'économie de Paris (Postprint), HAL (2009) View citations (36)
    See also Journal Article Nonseparable Preferences, Fiscal Policy Puzzles, and Inferior Goods, Journal of Money, Credit and Banking, Blackwell Publishing (2009) View citations (53) (2009)

2008

32. Limited Asset Market Participation, Monetary Policy and (Inverted) Aggregate Demand Logic
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL View citations (341)
    Also in Post-Print, HAL (2008) View citations (13)
    See also Journal Article Limited asset markets participation, monetary policy and (inverted) aggregate demand logic, Journal of Economic Theory, Elsevier (2008) View citations (308) (2008)
33. Monetary Policy and Business Cycles with Endogenous Entry and Product Variety
    Post-Print, HAL View citations (77)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (191)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2008) View citations (79)
    Working Papers, HAL (2007) View citations (174)
    See also Chapter Monetary Policy and Business Cycles with Endogenous Entry and Product Variety, NBER Chapters, National Bureau of Economic Research, Inc (2008) View citations (82) (2008)
34. Monopolistic competition and product Variety in Dynamic Stochastic General Equilibrium: Distortions and Remedies
    Working Papers, HAL View citations (1)
35. What Accounts for the Change in U.S. Fiscal Policy Transmission?
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL View citations (67)
    Also in Working Paper Series, European Central Bank (2006) View citations (16)
    Post-Print, HAL (2008) View citations (37)
    Working Papers, HAL (2006) View citations (7)
    See also Journal Article What Accounts for the Changes in U.S. Fiscal Policy Transmission?, Journal of Money, Credit and Banking, Blackwell Publishing (2008) View citations (117) (2008)

2007

36. Monopoly Power and Endogenous Variety in Dynamic Stochastic General Equilibrium: Distortions and Remedies
    2007 Meeting Papers, Society for Economic Dynamics
    Also in Working Paper, Harvard University OpenScholar (2006) View citations (19)

2005

37. Business Cycles and Firm Dynamics
    2005 Meeting Papers, Society for Economic Dynamics View citations (15)
38. Incomplete Fiscal Rules with Imperfect Enforcement
    Economics Papers, Economics Group, Nuffield College, University of Oxford
    Also in Working Papers, HAL (2005)
39. Limited Asset Markets Participation, Monetary Policy and (Inverted) Keynesian Logic
    Economics Papers, Economics Group, Nuffield College, University of Oxford View citations (22)

2004

40. Fiscal Policy, Business Cycles and Labor-Market Fluctuations
    MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary) View citations (37)
41. The great inflation, limited asset markets participation and aggregate demand: FED policy was better than you think
    Working Paper Series, European Central Bank View citations (10)

Journal Articles

2024

1. Stabilization vs. Redistribution: The optimal monetary–fiscal mix
   Journal of Monetary Economics, 2024, 147, (S) View citations (1)
   See also Working Paper Stabilization vs. Redistribution: The Optimal Monetary-Fiscal Mix, Janeway Institute Working Papers (2024) View citations (1) (2024)

2022

2. Capital and income inequality: An aggregate-demand complementarity
   Journal of Monetary Economics, 2022, 126, (C), 154-169 View citations (25)
   See also Working Paper Capital and Income Inequality: An Aggregate-Demand Complementarity, CEPR Discussion Papers (2019) View citations (7) (2019)
3. Neo-Fisherian Policies and Liquidity Traps
   American Economic Journal: Macroeconomics, 2022, 14, (4), 378-403 View citations (13)
   See also Working Paper Neo-Fisherian Policies and Liquidity Traps, CEPR Discussion Papers (2018) View citations (19) (2018)

2021

4. Fiscal Policy in Europe: Controversies over Rules, Mutual Insurance, and Centralization
   Journal of Economic Perspectives, 2021, 35, (2), 77-100 View citations (15)
5. Monetary Neutrality with Sticky Prices and Free Entry
   The Review of Economics and Statistics, 2021, 103, (3), 492-504 View citations (10)
   See also Working Paper Monetary Neutrality with Sticky Prices and Free Entry, CEPR Discussion Papers (2017) (2017)
6. Optimal Monetary Policy and Liquidity with Heterogeneous Households
   Review of Economic Dynamics, 2021, 41, 71-95 View citations (26)
   See also Software Item Code and data files for "Optimal Monetary Policy and Liquidity with Heterogeneous Households", Computer Codes (2020) (2020)
   Working Paper Optimal Monetary Policy and Liquidity with Heterogeneous Households, Post-Print (2021) View citations (26) (2021)

2020

7. The New Keynesian cross
   Journal of Monetary Economics, 2020, 114, (C), 90-108 View citations (79)
   See also Working Paper The New Keynesian Cross, CEPR Discussion Papers (2017) View citations (22) (2017)

2019

8. Is Government Spending at the Zero Lower Bound Desirable?
   American Economic Journal: Macroeconomics, 2019, 11, (3), 147-73 View citations (16)
   See also Working Paper Is Government Spending at the Zero Lower Bound Desirable?, Working Papers (2015) View citations (4) (2015)
9. Monopoly Power and Endogenous Product Variety: Distortions and Remedies
   American Economic Journal: Macroeconomics, 2019, 11, (4), 140-74 View citations (53)
   See also Working Paper Monopoly Power and Endogenous Product Variety: Distortions and Remedies, CEPR Discussion Papers (2016) View citations (11) (2016)
10. Optimal Forward Guidance
    American Economic Journal: Macroeconomics, 2019, 11, (4), 310-45 View citations (19)
    See also Working Paper Optimal Forward Guidance, CEPR Discussion Papers (2016) View citations (14) (2016)

2014

11. Delegating optimal monetary policy inertia
    Journal of Economic Dynamics and Control, 2014, 48, (C), 63-78 View citations (15)
    See also Working Paper Delegating optimal monetary policy inertia, Post-Print (2014) View citations (16) (2014)
12. Optimal monetary policy with endogenous entry and product variety
    Journal of Monetary Economics, 2014, 64, (C), 1-20 View citations (119)
    See also Working Paper Optimal monetary policy with endogenous entry and product variety, Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) (2014) View citations (93) (2014)

2013

13. Asset Market Participation, Monetary Policy Rules, and the Great Inflation
    The Review of Economics and Statistics, 2013, 95, (2), 377-392 View citations (41)
    See also Working Paper Asset Market Participation, Monetary Policy Rules, and the Great Inflation, PSE-Ecole d'économie de Paris (Postprint) (2013) View citations (47) (2013)
14. Public Debt and Redistribution with Borrowing Constraints
    Economic Journal, 2013, F64-F98 View citations (58)
    See also Working Paper Public Debt and Redistribution with Borrowing Constraints, Post-Print (2013) View citations (46) (2013)

2012

15. Changes in the output Euler equation and asset markets participation
    Journal of Economic Dynamics and Control, 2012, 36, (11), 1659-1672 View citations (35)
    See also Working Paper Changes in the Output Euler Equation and Asset Markets Participation, PSE-Ecole d'économie de Paris (Postprint) (2012) View citations (28) (2012)
16. Endogenous Entry, Product Variety, and Business Cycles
    Journal of Political Economy, 2012, 120, (2), 304 - 345 View citations (396)
    See also Working Paper Endogenous Entry, Product Variety and Business Cycles, Post-Print (2012) View citations (338) (2012)

2011

17. Designing domestic institutions for international monetary policy cooperation: A Utopia?
    Journal of International Money and Finance, 2011, 30, (3), 393-409 View citations (3)
    See also Working Paper Designing Domestic Institutions for International Monetary Policy Cooperation: a Utopia?, PSE-Ecole d'économie de Paris (Postprint) (2011) View citations (3) (2011)
18. Nonseparable Preferences, Frisch Labor Supply, and the Consumption Multiplier of Government Spending: One Solution to a Fiscal Policy Puzzle
    Journal of Money, Credit and Banking, 2011, 43, (1), 221-251 View citations (93)
    Also in Journal of Money, Credit and Banking, 2011, 43, (1), 221-251 (2011) View citations (36)
    See also Working Paper Non-Separable Preferences, Frisch Labor Supply and the Consumption Multiplier of Government Spending: One Solution to a Fiscal Policy Puzzle, PSE-Ecole d'économie de Paris (Postprint) (2011) View citations (89) (2011)
19. The Time Inconsistency of Delegation-Based Time Inconsistency Solutions in Monetary Policy
    Journal of Optimization Theory and Applications, 2011, 150, (3), 657-674 View citations (1)
    See also Working Paper The Time Inconsistency of Delegation-Based Time Inconsistency Solutions in Monetary Policy, Post-Print (2011) View citations (1) (2011)

2009

20. Nonseparable Preferences, Fiscal Policy Puzzles, and Inferior Goods
    Journal of Money, Credit and Banking, 2009, 41, (2-3), 443-450 View citations (53)
    Also in Journal of Money, Credit and Banking, 2009, 41, (2‐3), 443-450 (2009) View citations (10)
    See also Working Paper Nonseparable Preferences, Fiscal Policy Puzzles, and Inferior Goods, Post-Print (2009) View citations (41) (2009)

2008

21. Limited asset markets participation, monetary policy and (inverted) aggregate demand logic
    Journal of Economic Theory, 2008, 140, (1), 162-196 View citations (308)
    See also Working Paper Limited Asset Market Participation, Monetary Policy and (Inverted) Aggregate Demand Logic, Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) (2008) View citations (341) (2008)
22. What Accounts for the Changes in U.S. Fiscal Policy Transmission?
    Journal of Money, Credit and Banking, 2008, 40, (7), 1439-1470 View citations (117)
    Also in Journal of Money, Credit and Banking, 2008, 40, (7), 1439-1470 (2008) View citations (30)
    See also Working Paper What Accounts for the Change in U.S. Fiscal Policy Transmission?, Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) (2008) View citations (67) (2008)

Chapters

2008

1. Monetary Policy and Business Cycles with Endogenous Entry and Product Variety
   A chapter in NBER Macroeconomics Annual 2007, Volume 22, 2008, pp 299-353 View citations (82)
   See also Working Paper Monetary Policy and Business Cycles with Endogenous Entry and Product Variety, HAL (2008) View citations (77) (2008)

Software Items

2020

1. Code and data files for "Optimal Monetary Policy and Liquidity with Heterogeneous Households"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Optimal Monetary Policy and Liquidity with Heterogeneous Households, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (26) (2021)