Details about Marco Bassetto

Access statistics for papers by Marco Bassetto.

Last updated 2019-02-10. Update your information in the RePEc Author Service.

Short-id: pba77

Working Papers

2018

1. Organizational Equilibrium with Capital
   Working Paper Series, Federal Reserve Bank of Chicago
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018)
2. The Fiscal Theory of the Price Level in an Environment of Low Interest Rates
   2018 Meeting Papers, Society for Economic Dynamics View citations (3)

2017

3. Is Inflation Default? The Role of Information in Debt Crises
   Working Paper Series, Federal Reserve Bank of Chicago View citations (1)
   Also in 2016 Meeting Papers, Society for Economic Dynamics (2016)
   IFS Working Papers, Institute for Fiscal Studies (2017) View citations (1)
   Discussion Papers, Centre for Macroeconomics (CFM) (2017) View citations (1)
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (1)
4. The Fiscal Theory of the Price Level in a World of Low Interest Rates
   Working Paper Series, Federal Reserve Bank of Chicago View citations (1)
   Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (3)
   Discussion Papers, Centre for Macroeconomics (CFM) (2017) View citations (3)
   See also Journal Article in Journal of Economic Dynamics and Control (2018)
5. The Interplay Between Financial Conditions and Monetary Policy Shocks
   2017 Meeting Papers, Society for Economic Dynamics
   Also in Working Paper Series, Federal Reserve Bank of Chicago (2016) View citations (1)

2015

6. Forward Guidance: Communication, Commitment, or Both?
   2015 Meeting Papers, Society for Economic Dynamics View citations (5)

2013

7. Credit Crunches and Credit Allocation in a Model of Entrepreneurship
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   Also in Working Paper Series, Federal Reserve Bank of Chicago (2013) View citations (6)
   2011 Meeting Papers, Society for Economic Dynamics (2011)
   See also Journal Article in Review of Economic Dynamics (2015)
8. Fiscal consequences of paying interest on reserves
   Working Paper Series, Federal Reserve Bank of Chicago View citations (22)
   See also Journal Article in Fiscal Studies (2013)
9. Speculative Runs on Interest Rate Pegs
   NBER Working Papers, National Bureau of Economic Research, Inc
   See also Journal Article in Journal of Monetary Economics (2015)

2012

10. Runs on Interest Rate Pegs
    2012 Meeting Papers, Society for Economic Dynamics
11. Speculative runs on interest rate pegs the frictionless case
    Working Paper Series, Federal Reserve Bank of Chicago

2011

12. On the Relationship Between Mobility, Population Growth, and Capital Spending in the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in 2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (3)
    Working Paper Series, Federal Reserve Bank of Chicago (2009)

2010

13. On the Irrelevance of Government Debt When Taxes are Distortionary
    Levine's Working Paper Archive, David K. Levine View citations (10)
    See also Journal Article in Journal of Monetary Economics (2004)

2008

14. Optimal constitution design for state vs. local governments
    2008 Meeting Papers, Society for Economic Dynamics
15. Public investment and budget rules for state vs. local governments
    Working Paper Series, Federal Reserve Bank of Chicago View citations (2)

2007

16. Government Investment and the European Stability and Growth Pact
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article in Economic Perspectives (2007)

2006

17. Redistribution, Taxes, and the Median Voter
    2006 Meeting Papers, Society for Economic Dynamics View citations (7)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2006) View citations (17)
    See also Journal Article in Review of Economic Dynamics (2006)
18. Tax riots
    Working Paper Series, Federal Reserve Bank of Chicago
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005)
    2004 Meeting Papers, Society for Economic Dynamics (2004)
    See also Journal Article in Review of Economic Studies (2008)

2005

19. Politics and Efficiency of Separating Capital and Ordinary Government Budgets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2005) View citations (10)
    2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (5)
    See also Journal Article in The Quarterly Journal of Economics (2006)

2002

20. Equilibrium and government commitment
    Working Papers, Federal Reserve Bank of Minneapolis View citations (5)
    See also Journal Article in Journal of Economic Theory (2005)

2001

21. A game-theoretic view of the fiscal theory of the price level
    Working Papers, Federal Reserve Bank of Minneapolis View citations (16)
    Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000) View citations (4)
    See also Journal Article in Econometrica (2002)

1999

22. Political economy of taxation in an overlapping-generations economy
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (18)
    See also Journal Article in Review of Economic Dynamics (2008)

Journal Articles

2018

1. The fiscal theory of the price level in a world of low interest rates
   Journal of Economic Dynamics and Control, 2018, 89, (C), 5-22 View citations (6)
   See also Working Paper (2017)

2015

2. Credit Crunches and Credit Allocation in a Model of Entrepreneurship
   Review of Economic Dynamics, 2015, 18, (1), 53-76 View citations (21)
   See also Software Item (2014)
   Working Paper (2013)
3. Speculative runs on interest rate pegs
   Journal of Monetary Economics, 2015, 73, (C), 99-114 View citations (8)
   See also Working Paper (2013)

2014

4. Optimal fiscal policy with heterogeneous agents
   Quantitative Economics, 2014, 5, (3), 675-704 View citations (10)

2013

5. Fiscal Consequences of Paying Interest on Reserves
   Fiscal Studies, 2013, 34, 413-436 View citations (21)
   See also Working Paper (2013)
6. Forecasting inflation and the Great Recession
   Economic Perspectives, 2013, (Q III), 79-106 View citations (1)

2010

7. What is the relationship between large deficits and inflation in industrialized countries?
   Economic Perspectives, 2010, (Q III), 83-100 View citations (4)

2009

8. The Research Agenda: Marco Bassetto on the Quantitative Evaluation of Fiscal Policy Rules
   EconomicDynamics Newsletter, 2009, 10, (2)

2008

9. Political Economy of Taxation in an Overlapping-Generations Economy
   Review of Economic Dynamics, 2008, 11, (1), 18-43 View citations (38)
   See also Working Paper (1999)
10. Tax Riots
    Review of Economic Studies, 2008, 75, (3), 649-669 View citations (14)
    See also Working Paper (2006)

2007

11. Government investment and the European stability and growth pact
    Economic Perspectives, 2007, (Q III), 33-43 View citations (2)
    See also Working Paper (2007)

2006

12. Fiscal policy and price stability: the case of Italy, 1992–98
    Chicago Fed Letter, 2006, (Dec) View citations (3)
13. Politics and Efficiency of Separating Capital and Ordinary Government Budgets
    The Quarterly Journal of Economics, 2006, 121, (4), 1167-1210 View citations (22)
    See also Working Paper (2005)
14. Redistribution, Taxes and the Median Voter
    Review of Economic Dynamics, 2006, 9, (2), 211-223 View citations (13)
    See also Working Paper (2006)

2005

15. Equilibrium and government commitment
    Journal of Economic Theory, 2005, 124, (1), 79-105 View citations (35)
    See also Working Paper (2002)

2004

16. Negative Nominal Interest Rates
    American Economic Review, 2004, 94, (2), 104-108 View citations (3)
17. On the irrelevance of government debt when taxes are distortionary
    Journal of Monetary Economics, 2004, 51, (2), 299-304 View citations (22)
    See also Working Paper (2010)

2002

18. A Game-Theoretic View of the Fiscal Theory of the Price Level
    Econometrica, 2002, 70, (6), 2167-2195 View citations (51)
    See also Working Paper (2001)

Software Items

2014

1. Code and data files for "Credit Crunches and Credit Allocation in a Model of Entrepreneurship
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2015)