Details about Marco Bassetto

Access statistics for papers by Marco Bassetto.

Last updated 2022-01-12. Update your information in the RePEc Author Service.

Short-id: pba77

Working Papers

2021

1. A Ramsey theory of financial distortions
   IFS Working Papers, Institute for Fiscal Studies
   Also in Working Papers, Federal Reserve Bank of Minneapolis (2020) View citations (2)
2. Monetary/Fiscal Interactions with Forty Budget Constraints
   Working Papers, Federal Reserve Bank of Minneapolis
3. Online Appendix to "Mobility, Population Growth, and Public Capital Spending in the United States"
   Online Appendices, Review of Economic Dynamics View citations (1)
   See also Journal Article in Review of Economic Dynamics (2021)

2020

4. Shotgun Wedding: Fiscal and Monetary Policy
   Staff Report, Federal Reserve Bank of Minneapolis View citations (8)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (10)
   See also Journal Article in Annual Review of Economics (2020)

2019

5. A Ramsey Theory of Low Interest Rates
   2019 Meeting Papers, Society for Economic Dynamics
6. Forward Guidance: Communication, Commitment, or Both?
   Working Paper Series, Federal Reserve Bank of Chicago View citations (2)
   Also in IFS Working Papers, Institute for Fiscal Studies (2019) View citations (7)
   2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (24)
   See also Journal Article in Journal of Monetary Economics (2019)

2018

7. Organizational Equilibrium with Capital
   Working Paper Series, Federal Reserve Bank of Chicago
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018)
8. The Fiscal Theory of the Price Level in an Environment of Low Interest Rates
   2018 Meeting Papers, Society for Economic Dynamics View citations (9)

2017

9. Is Inflation Default? The Role of Information in Debt Crises
   Discussion Papers, Centre for Macroeconomics (CFM) View citations (1)
   Also in IFS Working Papers, Institute for Fiscal Studies (2017) View citations (2)
   2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (5)
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (2)
   Working Paper Series, Federal Reserve Bank of Chicago (2017) View citations (3)
   See also Journal Article in American Economic Review (2019)
10. 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)
11. 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)

2013

12. Credit Crunches and Credit Allocation in a Model of Entrepreneurship
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2013) View citations (6)
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (1)
    See also Journal Article in Review of Economic Dynamics (2015)
13. Fiscal consequences of paying interest on reserves
    Working Paper Series, Federal Reserve Bank of Chicago View citations (30)
    See also Journal Article in Fiscal Studies (2013)
14. 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

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

2011

17. 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 (5)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2009)
    2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (4)

2010

18. 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

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

2007

21. Government Investment and the European Stability and Growth Pact
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article in Economic Perspectives (2007)

2006

22. Redistribution, Taxes, and the Median Voter
    2006 Meeting Papers, Society for Economic Dynamics View citations (44)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2006) View citations (32)
    See also Journal Article in Review of Economic Dynamics (2006)
23. 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

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

2002

25. 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

26. 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 (7)
    See also Journal Article in Econometrica (2002)

1999

27. Political economy of taxation in an overlapping-generations economy
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (21)
    See also Journal Article in Review of Economic Dynamics (2008)

Journal Articles

2021

1. Mobility, Population Growth, and Public Capital Spending in the United States
   Review of Economic Dynamics, 2021, 41, 255-277 View citations (1)
   See also Software Item (2021)
   Working Paper (2021)

2020

2. Shotgun Wedding: Fiscal and Monetary Policy
   Annual Review of Economics, 2020, 12, (1), 659-690 View citations (8)
   See also Working Paper (2020)

2019

3. Forward guidance: Communication, commitment, or both?
   Journal of Monetary Economics, 2019, 108, (C), 69-86 View citations (7)
   See also Working Paper (2019)
4. Is Inflation Default? The Role of Information in Debt Crises
   American Economic Review, 2019, 109, (10), 3556-84 View citations (5)
   See also Working Paper (2017)

2018

5. 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 (31)
   See also Working Paper (2017)

2015

6. Credit Crunches and Credit Allocation in a Model of Entrepreneurship
   Review of Economic Dynamics, 2015, 18, (1), 53-76 View citations (40)
   See also Working Paper (2013)
   Software Item (2014)
7. Speculative runs on interest rate pegs
   Journal of Monetary Economics, 2015, 73, (C), 99-114 View citations (13)
   See also Working Paper (2013)

2014

8. Optimal fiscal policy with heterogeneous agents
   Quantitative Economics, 2014, 5, (3), 675-704 View citations (15)

2013

9. Fiscal Consequences of Paying Interest on Reserves
   Fiscal Studies, 2013, 34, 413-436 View citations (47)
   See also Working Paper (2013)
10. Forecasting inflation and the Great Recession
    Economic Perspectives, 2013, 37, (Q III), 79-106 View citations (1)

2010

11. What is the relationship between large deficits and inflation in industrialized countries?
    Economic Perspectives, 2010, 34, (Q III), 83-100 View citations (4)

2009

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

2008

13. Political Economy of Taxation in an Overlapping-Generations Economy
    Review of Economic Dynamics, 2008, 11, (1), 18-43 View citations (56)
    See also Working Paper (1999)
14. Tax Riots
    Review of Economic Studies, 2008, 75, (3), 649-669 View citations (14)
    See also Working Paper (2006)

2007

15. Government investment and the European stability and growth pact
    Economic Perspectives, 2007, 31, (Q III), 33-43 View citations (2)
    See also Working Paper (2007)

2006

16. Fiscal policy and price stability: the case of Italy, 1992–98
    Chicago Fed Letter, 2006, (Dec) View citations (3)
17. Politics and Efficiency of Separating Capital and Ordinary Government Budgets
    The Quarterly Journal of Economics, 2006, 121, (4), 1167-1210 View citations (40)
    See also Working Paper (2005)
18. Redistribution, Taxes and the Median Voter
    Review of Economic Dynamics, 2006, 9, (2), 211-223 View citations (44)
    See also Working Paper (2006)

2005

19. Equilibrium and government commitment
    Journal of Economic Theory, 2005, 124, (1), 79-105 View citations (49)
    See also Working Paper (2002)

2004

20. Negative Nominal Interest Rates
    American Economic Review, 2004, 94, (2), 104-108 View citations (8)
21. On the irrelevance of government debt when taxes are distortionary
    Journal of Monetary Economics, 2004, 51, (2), 299-304 View citations (31)
    See also Working Paper (2010)

2002

22. A Game-Theoretic View of the Fiscal Theory of the Price Level
    Econometrica, 2002, 70, (6), 2167-2195 View citations (82)
    See also Working Paper (2001)

Software Items

2021

1. Code and data files for "Mobility, Population Growth, and Public Capital Spending in the United States"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2021)

2014

2. 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)