Details about Pierpaolo Benigno

Workplace:

Department Volkswirtschaftlehre (Department of Economics), Universität Bern (University of Berne), (more information at EDIRC)

Access statistics for papers by Pierpaolo Benigno.

Last updated 2025-01-07. Update your information in the RePEc Author Service.

Short-id: pbe203

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Working Papers

2024

1. Revisiting the Phillips and Beveridge Curves: Insights from the 2020s Inflation Surge
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
2. The Slanted-L Phillips Curve
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   See also Journal Article The Slanted-L Phillips Curve, AEA Papers and Proceedings, American Economic Association (2024) View citations (3) (2024)

2023

3. Gibson s Paradox and the Natural Rate of Interest
   Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
4. Inflation dynamics and monetary policy in the euro area
   wp.comunite, Department of Communication, University of Teramo
5. It's Baaack: The Surge in Inflation in the 2020s and the Return of the Non-Linear Phillips Curve
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023) View citations (10)
6. The ECB’s new inflation target from a short- and long-term perspective
   Working Papers, University of Antwerp, Faculty of Business and Economics View citations (1)
   See also Journal Article The ECB’s new inflation target from a short- and long-term perspective, Journal of Policy Modeling, Elsevier (2023) View citations (1) (2023)
7. The International Supply of Reserve Currency
   Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
8. The spectre of financial dominance in the eurozone
   Working Papers, University of Antwerp, Faculty of Business and Economics
   Also in wp.comunite, Department of Communication, University of Teramo (2022)
   See also Journal Article The Spectre of Financial Dominance in the Eurozone, Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer (2024) (2024)

2022

9. Cryptocurrencies, Currency Competition, and The Impossible Trinity
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (25)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (26)
   See also Journal Article Cryptocurrencies, currency competition, and the impossible trinity, Journal of International Economics, Elsevier (2022) View citations (24) (2022)
   Chapter Cryptocurrencies, Currency Competition, and the Impossible Trinity, NBER Chapters, National Bureau of Economic Research, Inc (2021) (2021)
10. Managing Monetary Policy Normalization
    Staff Reports, Federal Reserve Bank of New York View citations (5)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
    Staff Reports, Federal Reserve Bank of New York (2022) View citations (5)
11. Monetary Policy in a World of Cryptocurrencies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (16)
    Also in Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft (2022)
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2019) View citations (16)
    See also Journal Article Monetary Policy in a World of Cryptocurrencies, Journal of the European Economic Association, European Economic Association (2023) View citations (1) (2023)
12. Stagflation and fragmentation: The euro area at the crossroad
    wp.comunite, Department of Communication, University of Teramo
13. The Economics of Helicopter Money
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in Working Papers CASMEF, Dipartimento di Economia e Finanza, LUISS Guido Carli (2020)
    Working Papers, Sapienza University of Rome, DISS (2020) View citations (3)
14. The European monetary policy responses during the pandemic crisis
    wp.comunite, Department of Communication, University of Teramo
    See also Journal Article The European Monetary Policy Responses During the Pandemic Crisis, Open Economies Review, Springer (2022) (2022)

2021

15. Asymmetries in Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article Asymmetries in monetary policy, European Economic Review, Elsevier (2021) View citations (5) (2021)
16. Financial Dominance in the Pandemic and Post-Pandemic European Economy
    Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Roma View citations (2)
17. Interest, Reserves and Prices
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Staff Reports, Federal Reserve Bank of New York (2021) View citations (3)
18. The ECB's Asset Purchase Programme: Theory, effects, and risks
    Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Roma
    Also in wp.comunite, Department of Communication, University of Teramo (2020)
19. The ECB's policy measures during the COVID-19 crisis
    Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Roma View citations (2)
20. The implementation and the rationale of the new inflation target of the ECB
    Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Roma View citations (1)
21. Uncertainty and the Pandemic Shocks
    Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Roma View citations (3)
    Also in wp.comunite, Department of Communication, University of Teramo (2020) View citations (6)

2019

22. Inefficiency and Regulation of Private Liquidity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2018

23. Private Money Creation, Liquidity Crises, and Government Intervention
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article Private money creation, liquidity crises, and government interventions, Journal of Monetary Economics, Elsevier (2019) View citations (9) (2019)

2017

24. A Central Bank Theory of Price Level Determination
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    See also Journal Article A Central Bank Theory of Price Level Determination, American Economic Journal: Macroeconomics, American Economic Association (2020) View citations (18) (2020)
25. Non-Neutrality of Open Market Operations
    2017 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (23)
    See also Journal Article Non-neutrality of Open-Market Operations, American Economic Journal: Macroeconomics, American Economic Association (2020) View citations (18) (2020)
26. Overconfidence, Subjective Perception, and Pricing Behavior
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006)
    See also Journal Article Overconfidence, subjective perception and pricing behavior, Journal of Economic Behavior & Organization, Elsevier (2019) View citations (7) (2019)

2016

27. Designing Central Banks for Inflation Stability
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
28. Dynamic Debt Deleveraging and Optimal Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (44)
    2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (2)
    See also Journal Article Dynamic Debt Deleveraging and Optimal Monetary Policy, American Economic Journal: Macroeconomics, American Economic Association (2020) View citations (14) (2020)
29. Private Money Creation and Equilibrium Liquidity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
30. Private Money and Equilibrium Liquidity
    2016 Meeting Papers, Society for Economic Dynamics

2013

31. Safe Assets, Liquidity and Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article Safe Assets, Liquidity, and Monetary Policy, American Economic Journal: Macroeconomics, American Economic Association (2017) View citations (20) (2017)

2012

32. Debt Deleveraging and The Exchange Rate
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (6)
    See also Journal Article Debt deleveraging and the exchange rate, Journal of International Economics, Elsevier (2014) View citations (46) (2014)

2011

33. Monetary Policy, Doubts and Asset Prices
    2011 Meeting Papers, Society for Economic Dynamics
    Also in EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2010) View citations (7)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (6)
    See also Journal Article Monetary policy, doubts and asset prices, Journal of Monetary Economics, Elsevier (2014) View citations (44) (2014)
34. Risk, Monetary Policy and the Exchange Rate
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    See also Chapter Risk, Monetary Policy and the Exchange Rate, NBER Chapters, National Bureau of Economic Research, Inc (2011) View citations (23) (2011)
    Journal Article Risk, Monetary Policy, and the Exchange Rate, NBER Macroeconomics Annual, University of Chicago Press (2012) View citations (57) (2012)
35. Second Order Approximation of Dynamic Models with Time-Varying Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2010) View citations (11)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2010)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2011)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (14)
    EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2010) View citations (15)
    FMG Discussion Papers, Financial Markets Group (2011)
    See also Journal Article Second-order approximation of dynamic models with time-varying risk, Journal of Economic Dynamics and Control, Elsevier (2013) View citations (18) (2013)
36. Unemployment and productivity in the long run: The role of macroeconomic volatility
    wp.comunite, Department of Communication, University of Teramo View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (9)
    Working Papers, Department of the Treasury, Ministry of the Economy and of Finance View citations (4)
    IMF Working Papers, International Monetary Fund (2010) View citations (8)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (9)
    See also Journal Article Unemployment and Productivity in the Long Run: The Role of Macroeconomic Volatility, The Review of Economics and Statistics, MIT Press (2015) View citations (40) (2015)

2010

37. Globalization, Pass-Through and Inflation Dynamic
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    Also in Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2010) View citations (13)
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2010) View citations (12)
    See also Journal Article Globalization, Pass-Through, and Inflation Dynamics, International Journal of Central Banking, International Journal of Central Banking (2016) View citations (24) (2016)
38. The Inflation-Output Trade-off with Downward Wage Rigidities
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2010) View citations (4)
    See also Journal Article The Inflation-Output Trade-Off with Downward Wage Rigidities, American Economic Review, American Economic Association (2011) View citations (88) (2011)

2009

39. International Portfolio Allocation under Model Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
    See also Journal Article International Portfolio Allocation under Model Uncertainty, American Economic Journal: Macroeconomics, American Economic Association (2012) View citations (36) (2012)
40. New-Keynesian Economics: An AS-AD View
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article New-Keynesian economics: An AS–AD view, Research in Economics, Elsevier (2015) View citations (8) (2015)
41. The Inflation-Unemployment Trade-off at Low Inflation
    IMF Working Papers, International Monetary Fund View citations (7)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (6)

2008

42. Implementing international monetary cooperation through inflation targeting
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (11)
    See also Journal Article IMPLEMENTING INTERNATIONAL MONETARY COOPERATION THROUGH INFLATION TARGETING, Macroeconomic Dynamics, Cambridge University Press (2008) View citations (19) (2008)

2007

43. Portfolio Choices with Near Rational Agents: A Solution of Some International-Finance Puzzles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2006

44. Are Valuation Effects Desirable from a Global Perspective?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    See also Journal Article Are valuation effects desirable from a global perspective?, Journal of Development Economics, Elsevier (2009) View citations (10) (2009)
45. Linear-Quadratic Approximation of Optimal Policy Problems
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (57)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (85)
    See also Journal Article Linear-quadratic approximation of optimal policy problems, Journal of Economic Theory, Elsevier (2012) View citations (128) (2012)
46. Optimal Inflation Targeting Under Alternative Fiscal Regimes
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (18)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (25)
    See also Chapter Optimal Inflation Targeting under Alternative Fiscal Regimes, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2007) View citations (11) (2007)

2005

47. Long-Run Determinants of Inflation Differentials in a Monetary Union
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (43)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (43)
48. Optimal Taxation in an RBC Model: A Linear-Quadratic Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (6)
    See also Journal Article Optimal taxation in an RBC model: A linear-quadratic approach, Journal of Economic Dynamics and Control, Elsevier (2006) View citations (58) (2006)

2004

49. Designing Target Rules for International Monetary Policy Cooperation
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (13)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2004) View citations (4)
50. Inflation Stabilization and Welfare: The Case of a Distorted Steady State
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (44)
    Also in 2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (50)
    See also Journal Article Inflation Stabilization And Welfare: The Case Of A Distorted Steady State, Journal of the European Economic Association, MIT Press (2005) View citations (331) (2005)
51. Optimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (21)
    See also Journal Article Optimal stabilization policy when wages and prices are sticky: the case of a distorted steady state, Proceedings, Board of Governors of the Federal Reserve System (U.S.) (2005) View citations (13) (2005)
52. Optimal monetary and fiscal policy: a linear-quadratic approach
    Working Paper Series, European Central Bank View citations (121)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations (66)
    NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (244)
    See also Journal Article Optimal monetary and fiscal policy: a linear-quadratic approach, Proceedings, Board of Governors of the Federal Reserve System (U.S.) (2003) View citations (82) (2003)
    Chapter Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach, NBER Chapters, National Bureau of Economic Research, Inc (2004) View citations (77) (2004)

2003

53. Designing targeting rules for international monetary policy cooperation
    Working Paper Series, European Central Bank View citations (54)
    See also Journal Article Designing targeting rules for international monetary policy cooperation, Journal of Monetary Economics, Elsevier (2006) View citations (227) (2006)
54. Interest Rate Rules for Fixed Exchange Rate Regimes
    Boston College Working Papers in Economics, Boston College Department of Economics View citations (25)
    See also Journal Article Interest rate rules for fixed exchange rate regimes, Journal of Economic Dynamics and Control, Elsevier (2007) View citations (67) (2007)

2002

55. Implementing Monetary Cooperation Through Inflation Targeting
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (40)
56. Inflation persistence and optimal monetary policy in the Euro Area
    Working Papers, Banco de España View citations (54)
    Also in Working Paper Series, European Central Bank (2002) View citations (59)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2002) View citations (43)
    See also Journal Article Inflation Persistence and Optimal Monetary Policy in the Euro Area, Journal of Money, Credit and Banking, Blackwell Publishing (2006) View citations (105) (2006)

2001

57. High Public Debt in Currency Crises: Fundamentals versus Signalling Effects
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article High public debt in currency crises: fundamentals versus signaling effects, Journal of International Money and Finance, Elsevier (2004) View citations (17) (2004)
58. How is the Debt Managed? Learning from Fiscal Stabilizations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (25)
    See also Journal Article How is the Debt Managed? Learning from Fiscal Stabilizations, Scandinavian Journal of Economics, Wiley Blackwell (2002) View citations (17) (2002)
59. Monetary Policy Rules and the Exchange Rate
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (88)
60. Optimal Monetary Policy in a Currency Area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (109)
    See also Journal Article Optimal monetary policy in a currency area, Journal of International Economics, Elsevier (2004) View citations (464) (2004)
61. Price Stability as a Nash Equilibrium in Monetary Open-Economy Models
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (34)
62. Price Stability with Imperfect Financial Integration
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (222)
    See also Journal Article Price Stability with Imperfect Financial Integration, Journal of Money, Credit and Banking, Blackwell Publishing (2009) View citations (239) (2009)

1997

63. Managing the Public Debt in Fiscal Stabilizations: The Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (11)

Journal Articles

2024

1. The Slanted-L Phillips Curve
   AEA Papers and Proceedings, 2024, 114, 84-89 View citations (3)
   See also Working Paper The Slanted-L Phillips Curve, NBER Working Papers (2024) View citations (1) (2024)
2. The Spectre of Financial Dominance in the Eurozone
   Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, 2024, 10, (1), 59-80
   See also Working Paper The spectre of financial dominance in the eurozone, Working Papers (2023) (2023)

2023

3. Monetary Policy in a World of Cryptocurrencies
   Journal of the European Economic Association, 2023, 21, (4), 1363-1396 View citations (1)
   See also Working Paper Monetary Policy in a World of Cryptocurrencies, CEPR Discussion Papers (2022) View citations (16) (2022)
4. The ECB’s new inflation target from a short- and long-term perspective
   Journal of Policy Modeling, 2023, 45, (2), 286-304 View citations (1)
   See also Working Paper The ECB’s new inflation target from a short- and long-term perspective, Working Papers (2023) View citations (1) (2023)

2022

5. Cryptocurrencies, currency competition, and the impossible trinity
   Journal of International Economics, 2022, 136, (C) View citations (24)
   See also Chapter Cryptocurrencies, Currency Competition, and the Impossible Trinity, NBER Chapters, 2021 (2021) (2021)
   Working Paper Cryptocurrencies, Currency Competition, and The Impossible Trinity, CEPR Discussion Papers (2022) View citations (25) (2022)
6. The European Monetary Policy Responses During the Pandemic Crisis
   Open Economies Review, 2022, 33, (4), 657-675
   See also Working Paper The European monetary policy responses during the pandemic crisis, wp.comunite (2022) (2022)

2021

7. Asymmetries in monetary policy
   European Economic Review, 2021, 140, (C) View citations (5)
   See also Working Paper Asymmetries in Monetary Policy, CEPR Discussion Papers (2021) View citations (6) (2021)
8. Shocks in Europe, changes in uncertainty, and policies
   Politica economica, 2021, (3), 339-356 View citations (1)

2020

9. A Central Bank Theory of Price Level Determination
   American Economic Journal: Macroeconomics, 2020, 12, (3), 258-83 View citations (18)
   See also Working Paper A Central Bank Theory of Price Level Determination, CEPR Discussion Papers (2017) View citations (8) (2017)
10. Dynamic Debt Deleveraging and Optimal Monetary Policy
    American Economic Journal: Macroeconomics, 2020, 12, (2), 310-50 View citations (14)
    See also Working Paper Dynamic Debt Deleveraging and Optimal Monetary Policy, CEPR Discussion Papers (2016) View citations (4) (2016)
11. Non-neutrality of Open-Market Operations
    American Economic Journal: Macroeconomics, 2020, 12, (3), 175-226 View citations (18)
    See also Working Paper Non-Neutrality of Open Market Operations, 2017 Meeting Papers (2017) View citations (1) (2017)

2019

12. Overconfidence, subjective perception and pricing behavior
    Journal of Economic Behavior & Organization, 2019, 164, (C), 107-132 View citations (7)
    See also Working Paper Overconfidence, Subjective Perception, and Pricing Behavior, FRB Atlanta Working Paper (2017) View citations (1) (2017)
13. Private money creation, liquidity crises, and government interventions
    Journal of Monetary Economics, 2019, 106, (C), 42-58 View citations (9)
    See also Working Paper Private Money Creation, Liquidity Crises, and Government Intervention, CEPR Discussion Papers (2018) View citations (3) (2018)

2017

14. Safe Assets, Liquidity, and Monetary Policy
    American Economic Journal: Macroeconomics, 2017, 9, (2), 182-227 View citations (20)
    See also Working Paper Safe Assets, Liquidity and Monetary Policy, CEPR Discussion Papers (2013) View citations (6) (2013)

2016

15. Globalization, Pass-Through, and Inflation Dynamics
    International Journal of Central Banking, 2016, 12, (4), 263-306 View citations (24)
    See also Working Paper Globalization, Pass-Through and Inflation Dynamic, NBER Working Papers (2010) View citations (17) (2010)

2015

16. New-Keynesian economics: An AS–AD view
    Research in Economics, 2015, 69, (4), 503-524 View citations (8)
    See also Working Paper New-Keynesian Economics: An AS-AD View, NBER Working Papers (2009) View citations (8) (2009)
17. Unemployment and Productivity in the Long Run: The Role of Macroeconomic Volatility
    The Review of Economics and Statistics, 2015, 97, (3), 698-709 View citations (40)
    See also Working Paper Unemployment and productivity in the long run: The role of macroeconomic volatility, wp.comunite (2011) View citations (4) (2011)

2014

18. Debt deleveraging and the exchange rate
    Journal of International Economics, 2014, 93, (1), 1-16 View citations (46)
    See also Working Paper Debt Deleveraging and The Exchange Rate, NBER Working Papers (2012) View citations (25) (2012)
19. Monetary policy, doubts and asset prices
    Journal of Monetary Economics, 2014, 64, (C), 85-98 View citations (44)
    See also Working Paper Monetary Policy, Doubts and Asset Prices, 2011 Meeting Papers (2011) (2011)

2013

20. Second-order approximation of dynamic models with time-varying risk
    Journal of Economic Dynamics and Control, 2013, 37, (7), 1231-1247 View citations (18)
    See also Working Paper Second Order Approximation of Dynamic Models with Time-Varying Risk, CEPR Discussion Papers (2011) View citations (1) (2011)

2012

21. International Portfolio Allocation under Model Uncertainty
    American Economic Journal: Macroeconomics, 2012, 4, (1), 144-89 View citations (36)
    See also Working Paper International Portfolio Allocation under Model Uncertainty, NBER Working Papers (2009) View citations (31) (2009)
22. Linear-quadratic approximation of optimal policy problems
    Journal of Economic Theory, 2012, 147, (1), 1-42 View citations (128)
    See also Working Paper Linear-Quadratic Approximation of Optimal Policy Problems, NBER Working Papers (2006) View citations (57) (2006)
23. Risk, Monetary Policy, and the Exchange Rate
    NBER Macroeconomics Annual, 2012, 26, (1), 247 - 309 View citations (57)
    See also Chapter Risk, Monetary Policy and the Exchange Rate, NBER Chapters, 2011, 247-309 (2011) View citations (23) (2011)
    Working Paper Risk, Monetary Policy and the Exchange Rate, NBER Working Papers (2011) View citations (25) (2011)

2011

24. Inflation Differentials in a Currency Area: Facts, Explanations and Policy
    Open Economies Review, 2011, 22, (2), 189-233 View citations (33)
25. The Inflation-Output Trade-Off with Downward Wage Rigidities
    American Economic Review, 2011, 101, (4), 1436-66 View citations (88)
    See also Working Paper The Inflation-Output Trade-off with Downward Wage Rigidities, NBER Working Papers (2010) View citations (5) (2010)

2009

26. Are valuation effects desirable from a global perspective?
    Journal of Development Economics, 2009, 89, (2), 170-180 View citations (10)
    See also Working Paper Are Valuation Effects Desirable from a Global Perspective?, NBER Working Papers (2006) View citations (10) (2006)
27. Price Stability with Imperfect Financial Integration
    Journal of Money, Credit and Banking, 2009, 41, (s1), 121-149 View citations (239)
    Also in Proceedings, 2008 (2008) View citations (7)
    Journal of Money, Credit and Banking, 2009, 41, (s1), 121-149 (2009) View citations (83)
    See also Working Paper Price Stability with Imperfect Financial Integration, CEPR Discussion Papers (2001) View citations (222) (2001)

2008

28. Exchange rate determination under interest rate rules
    Journal of International Money and Finance, 2008, 27, (6), 971-993 View citations (65)
29. IMPLEMENTING INTERNATIONAL MONETARY COOPERATION THROUGH INFLATION TARGETING
    Macroeconomic Dynamics, 2008, 12, (S1), 45-59 View citations (19)
    See also Working Paper Implementing international monetary cooperation through inflation targeting, LSE Research Online Documents on Economics (2008) View citations (11) (2008)

2007

30. Interest rate rules for fixed exchange rate regimes
    Journal of Economic Dynamics and Control, 2007, 31, (7), 2196-2211 View citations (67)
    See also Working Paper Interest Rate Rules for Fixed Exchange Rate Regimes, Boston College Working Papers in Economics (2003) View citations (25) (2003)

2006

31. Comment on "How important are nontradable goods prices as sources of cyclical fluctuations in real exchange rates?" by Ariel Burstein, Martin Eichenbaum and Sergio Rebelo
    Japan and the World Economy, 2006, 18, (3), 254-260
32. Designing targeting rules for international monetary policy cooperation
    Journal of Monetary Economics, 2006, 53, (3), 473-506 View citations (227)
    See also Working Paper Designing targeting rules for international monetary policy cooperation, Working Paper Series (2003) View citations (54) (2003)
33. Inflation Persistence and Optimal Monetary Policy in the Euro Area
    Journal of Money, Credit and Banking, 2006, 38, (3), 587-614 View citations (105)
    See also Working Paper Inflation persistence and optimal monetary policy in the Euro Area, Working Papers (2002) View citations (54) (2002)
34. Optimal taxation in an RBC model: A linear-quadratic approach
    Journal of Economic Dynamics and Control, 2006, 30, (9-10), 1445-1489 View citations (58)
    See also Working Paper Optimal Taxation in an RBC Model: A Linear-Quadratic Approach, NBER Working Papers (2005) View citations (8) (2005)

2005

35. Fiscal Externalities and Optimal Taxation in an Economic Community [with Comments]
    NBER International Seminar on Macroeconomics, 2005, 2005, (1), 207 - 259
36. Inflation Stabilization And Welfare: The Case Of A Distorted Steady State
    Journal of the European Economic Association, 2005, 3, (6), 1185-1236 View citations (331)
    See also Working Paper Inflation Stabilization and Welfare: The Case of a Distorted Steady State, NBER Working Papers (2004) View citations (44) (2004)
37. Optimal stabilization policy when wages and prices are sticky: the case of a distorted steady state
    Proceedings, 2005, 127-180 View citations (13)
    See also Working Paper Optimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State, NBER Working Papers (2004) View citations (25) (2004)

2004

38. High public debt in currency crises: fundamentals versus signaling effects
    Journal of International Money and Finance, 2004, 23, (2), 165-188 View citations (17)
    See also Working Paper High Public Debt in Currency Crises: Fundamentals versus Signalling Effects, CEPR Discussion Papers (2001) View citations (3) (2001)
39. Optimal monetary policy in a currency area
    Journal of International Economics, 2004, 63, (2), 293-320 View citations (464)
    See also Working Paper Optimal Monetary Policy in a Currency Area, CEPR Discussion Papers (2001) View citations (109) (2001)

2003

40. Optimal monetary and fiscal policy: a linear-quadratic approach
    Proceedings, 2003 View citations (82)
    See also Working Paper Optimal monetary and fiscal policy: a linear-quadratic approach, Working Paper Series (2004) View citations (121) (2004)
    Chapter Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach, NBER Chapters, 2004, 271-364 (2004) View citations (77) (2004)
41. Price Stability in Open Economies
    The Review of Economic Studies, 2003, 70, (4), 743-764 View citations (361)

2002

42. A simple approach to international monetary policy coordination
    Journal of International Economics, 2002, 57, (1), 177-196 View citations (58)
43. How is the Debt Managed? Learning from Fiscal Stabilizations
    Scandinavian Journal of Economics, 2002, 104, (3), 443-469 View citations (17)
    See also Working Paper How is the Debt Managed? Learning from Fiscal Stabilizations, CEPR Discussion Papers (2001) View citations (3) (2001)

Chapters

2021

1. Cryptocurrencies, Currency Competition, and the Impossible Trinity
   A chapter in NBER International Seminar on Macroeconomics 2021, 2021
   See also Working Paper Cryptocurrencies, Currency Competition, and The Impossible Trinity, C.E.P.R. Discussion Papers (2022) View citations (25) (2022)
   Journal Article Cryptocurrencies, currency competition, and the impossible trinity, Elsevier (2022) View citations (24) (2022)

2011

2. Risk, Monetary Policy and the Exchange Rate
   A chapter in NBER Macroeconomics Annual 2011, Volume 26, 2011, pp 247-309 View citations (23)
   See also Journal Article Risk, Monetary Policy, and the Exchange Rate, University of Chicago Press (2012) View citations (57) (2012)
   Working Paper Risk, Monetary Policy and the Exchange Rate, National Bureau of Economic Research, Inc (2011) View citations (25) (2011)

2007

3. Optimal Inflation Targeting under Alternative Fiscal Regimes
   Chapter 3 in Monetary Policy under Inflation Targeting, 2007, vol. 11, pp 037-075 View citations (11)
   See also Working Paper Optimal Inflation Targeting Under Alternative Fiscal Regimes, Central Bank of Chile (2006) View citations (18) (2006)

2005

4. Comment on "Fiscal Externalities and Optimal Taxation in an Economic Community"
   A chapter in NBER International Seminar on Macroeconomics 2005, 2005, pp 251-257 View citations (1)

2004

5. Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach
   A chapter in NBER Macroeconomics Annual 2003, Volume 18, 2004, pp 271-364 View citations (77)
   See also Journal Article Optimal monetary and fiscal policy: a linear-quadratic approach, Board of Governors of the Federal Reserve System (U.S.) (2003) View citations (82) (2003)
   Working Paper Optimal monetary and fiscal policy: a linear-quadratic approach, European Central Bank (2004) View citations (121) (2004)