Details about Luca Gambetti

Access statistics for papers by Luca Gambetti.

Last updated 2023-04-07. Update your information in the RePEc Author Service.

Short-id: pga472

Working Papers

2023

1. Agreed and Disagreed Uncertainty
   Papers, arXiv.org
   Also in Working Paper series, Rimini Centre for Economic Analysis (2023)
   Economics Series Working Papers, University of Oxford, Department of Economics (2023)
   BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics (2023)
2. External Instrument SVAR Analysis forNoninvertible Shocks
   Working Papers, Center for Research in Economics and Statistics
   Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2022)
3. Life-Cycle Inequality: the Black and White Differential
   Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft

2022

4. Bad News, Good News: Coverage and Response Asymmetries
   Working Paper, Norges Bank
5. Nonlinear transmission of financial shocks: Some new evidence
   Working Paper, Norges Bank
6. The Nonlinear Transmission of Financial Shocks: Some Evidence
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
7. Validating DSGE Models through Dynamic Factor Models
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2021

8. Downside and Upside Uncertainty Shocks
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
9. Life-Cycle inequality: blacks and whites differentials in life expectancy, savings, income, and consumption
   Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (1)
10. Macroeconomic Uncertainty and Vector Autoregressions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" (2020)

2020

11. Asymmetric Effects of Monetary Policy Easing and Tightening
    Working Papers, Barcelona School of Economics View citations (4)
    Also in Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" (2020) View citations (4)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (4)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2020) View citations (4)
12. Common Component Structural VARs
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" (2020) View citations (2)

2019

13. Has the U.S. Wage Phillips Curve Flattened? A Semi-Structural Exploration
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (14)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (17)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (17)
14. On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2019) View citations (28)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (11)
    Working Papers, Barcelona School of Economics (2018) View citations (11)
    See also Chapter (2019)
    Journal Article in NBER Macroeconomics Annual (2020)
15. The Effect of News Shocks and Monetary Policy
    Discussion Papers, Department of Economics, University of Birmingham View citations (8)
    Also in BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics (2017) View citations (7)
    Working Papers, Business School - Economics, University of Glasgow (2017) View citations (8)
    Discussion Papers, Centre for Macroeconomics (CFM) (2017) View citations (9)
    Economics Series Working Papers, University of Oxford, Department of Economics (2017) View citations (8)
    CESifo Working Paper Series, CESifo (2019) View citations (6)
    Essex Finance Centre Working Papers, University of Essex, Essex Business School (2017) View citations (8)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (8)
    Working Paper series, Rimini Centre for Economic Analysis (2018) View citations (1)
    See also Chapter (2022)

2018

16. Fundamentalness, Granger Causality and Aggregation
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi"
17. Noisy Monetary Policy
    Staff Working Papers, Bank of Canada

2017

18. Evolving Wage Cyclicality in Latin America
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (1)
    Also in Policy Research Working Paper Series, The World Bank (2014)
    IDB Publications (Working Papers), Inter-American Development Bank (2016)
    See also Journal Article in The World Bank Economic Review (2018)
19. News, Noise and Oil Price Swings
    Research Technical Papers, Central Bank of Ireland View citations (6)
20. News, Uncertainty and Economic Fluctuations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
21. News, Uncertainty and Economic Fluctuations (No News is Good News)
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" View citations (10)
22. The macroeconomic impact of the ECB's expanded asset purchase programme (APP)
    Working Paper Series, European Central Bank View citations (24)

2016

23. VAR Information and the Empirical Validation of DSGE Models
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" View citations (11)
    Also in 2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (10)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (11)

2015

24. Business cycle fluctuations and the distribution of consumption
    Staff Reports, Federal Reserve Bank of New York
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014)
    See also Journal Article in Review of Economic Dynamics (2017)

2014

25. Government Spending Shocks in Open Economy VARs
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" View citations (8)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (7)
    See also Journal Article in Journal of International Economics (2016)
26. Noise Bubbles
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi"
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2014) View citations (5)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (3)
    See also Journal Article in Economic Journal (2017)
27. Noisy News in Business Cycles
    2014 Meeting Papers, Society for Economic Dynamics View citations (54)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (18)
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" (2014) View citations (68)
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2014) View citations (66)
    See also Journal Article in American Economic Journal: Macroeconomics (2017)
28. Reduced-rank time-varying vector autoregressions
    CPB Discussion Paper, CPB Netherlands Bureau for Economic Policy Analysis View citations (9)
29. The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (7)
    Working Papers, Barcelona School of Economics (2013) View citations (3)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2013) View citations (2)
    See also Chapter (2013)
    Journal Article in American Economic Journal: Macroeconomics (2015)

2013

30. No News in Business Cycles
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations (13)
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2011) View citations (12)
    Working Papers, Barcelona School of Economics (2011) View citations (12)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (13)
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" (2011) View citations (16)
    UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (2011) View citations (12)
    See also Journal Article in Economic Journal (2014)

2012

31. Consumption Heterogeneity over the Business Cycle
    Working Papers, Barcelona School of Economics View citations (2)
    Also in UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (2012) View citations (1)
32. Fiscal Foresight, Forecast Revisions and the Effects of Government Spending in the Open Economy
    Working Papers, Barcelona School of Economics View citations (7)
    Also in UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (2012) View citations (7)
33. Loan supply shocks and the business cycle
    Working Paper Series, European Central Bank View citations (49)
    See also Journal Article in Journal of Applied Econometrics (2017)
34. Shocking Policy Coefficients
    Working Papers, Barcelona School of Economics
    Also in UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (2012)
35. The Effects of Government Spending on the Distribution of Consumption
    Working Papers, Barcelona School of Economics View citations (15)
    Also in UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (2012) View citations (12)

2011

36. Sufficient information in structural VARs
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" View citations (22)
    See also Journal Article in Journal of Monetary Economics (2014)
37. Testing for Sufficient Information in Structural VARs
    UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) View citations (15)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (20)
    Working Papers, Barcelona School of Economics (2011) View citations (15)

2010

38. Fiscal Foresight and the Effects of Goverment Spending
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (26)
    Also in Working Papers, Barcelona School of Economics (2010) View citations (70)
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" (2010) View citations (53)
    UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (2010) View citations (49)
39. Fiscal Policy, Foresight and the Trade Balance in the U.S
    Working Papers, Barcelona School of Economics View citations (2)
    Also in UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (2010) View citations (3)
40. Macroeconomic Shocks and the Business Cycle: Evidence from a Structural Factor Model
    Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" View citations (23)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (21)
    Working Papers, Barcelona School of Economics (2010) View citations (20)
    UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (2010) View citations (19)
41. Macroeconomic forecasting and structural change
    Working Paper Series, European Central Bank View citations (7)
    Also in Research Technical Papers, Central Bank of Ireland (2009) View citations (47)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (28)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2009) View citations (73)
    See also Journal Article in Journal of Applied Econometrics (2013)

2009

42. Do expectations matter? The Great Moderation revisited
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (8)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (13)
    See also Journal Article in American Economic Journal: Macroeconomics (2010)
43. Does inflation targeting matter for output and inflation volatility?
    Working Papers, Barcelona School of Economics

2008

44. On the Sources of the Great Moderation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2007) View citations (18)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (31)
    See also Journal Article in American Economic Journal: Macroeconomics (2009)
45. Structural changes in the US economy: is there a role for monetary policy?
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (22)
    See also Journal Article in Journal of Economic Dynamics and Control (2009)
46. The Dynamic Effects of Monetary Policy: A Structural Factor Model Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in Center for Economic Research (RECent), University of Modena and Reggio E., Dept. of Economics "Marco Biagi" (2008) View citations (8)
    See also Journal Article in Journal of Monetary Economics (2010)

2006

47. Structural Changes in the US Economy: Bad Luck or Bad Policy?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (37)
48. The Structural Dynamics of Output Growth and Inflation: Some International Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2006) View citations (12)
    See also Journal Article in Economic Journal (2007)
49. The Structural Dynamics of US Output and Inflation: What Explains the Changes?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (28)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) View citations (26)
    See also Journal Article in Journal of Money, Credit and Banking (2008)

2004

50. On the Time Variations of US Monetary Policy: Who is right?
    Money Macro and Finance (MMF) Research Group Conference 2004, Money Macro and Finance Research Group View citations (10)

Journal Articles

2021

1. Policy and Business Cycle Shocks: A Structural Factor Model Representation of the US Economy
   JRFM, 2021, 14, (8), 1-21 View citations (2)

2020

2. On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint
   NBER Macroeconomics Annual, 2020, 34, (1), 141 - 170 View citations (9)
   See also Working Paper (2019)
   Chapter (2019)
3. The effects of the ECB’s expanded asset purchase programme
   European Economic Review, 2020, 130, (C) View citations (2)

2019

4. Structural VARs and noninvertible macroeconomic models
   Journal of Applied Econometrics, 2019, 34, (2), 221-246 View citations (17)

2018

5. Evolving Wage Cyclicality in Latin America
   The World Bank Economic Review, 2018, 32, (3), 709-726
   See also Working Paper (2017)

2017

6. Business Cycle Fluctuations and the Distribution of Consumption
   Review of Economic Dynamics, 2017, 23, 19-41 View citations (17)
   See also Working Paper (2015)
   Software Item (2016)
7. Loan Supply Shocks and the Business Cycle
   Journal of Applied Econometrics, 2017, 32, (4), 764-782 View citations (67)
   See also Working Paper (2012)
8. Noise Bubbles
   Economic Journal, 2017, 127, (604), 1940-1976
   See also Working Paper (2014)
9. Noisy News in Business Cycles
   American Economic Journal: Macroeconomics, 2017, 9, (4), 122-52 View citations (27)
   See also Working Paper (2014)

2016

10. Government spending shocks in open economy VARs
    Journal of International Economics, 2016, 99, (C), 68-84 View citations (66)
    See also Working Paper (2014)

2015

11. The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence
    American Economic Journal: Macroeconomics, 2015, 7, (1), 233-57 View citations (111)
    See also Working Paper (2014)
    Chapter (2013)

2014

12. No News in Business Cycles
    Economic Journal, 2014, 124, (581), 1168-1191 View citations (71)
    See also Working Paper (2013)
13. Sufficient information in structural VARs
    Journal of Monetary Economics, 2014, 66, (C), 124-136 View citations (133)
    See also Working Paper (2011)

2013

14. Macroeconomic forecasting and structural change
    Journal of Applied Econometrics, 2013, 28, (1), 82-101 View citations (234)
    See also Working Paper (2010)

2010

15. Do Expectations Matter? The Great Moderation Revisited
    American Economic Journal: Macroeconomics, 2010, 2, (3), 183-205 View citations (52)
    See also Working Paper (2009)
16. The dynamic effects of monetary policy: A structural factor model approach
    Journal of Monetary Economics, 2010, 57, (2), 203-216 View citations (142)
    See also Working Paper (2008)

2009

17. On the Sources of the Great Moderation
    American Economic Journal: Macroeconomics, 2009, 1, (1), 26-57 View citations (261)
    Also in Proceedings, 2007, (Nov) (2007) View citations (8)
    See also Working Paper (2008)
18. Structural changes in the US economy: Is there a role for monetary policy?
    Journal of Economic Dynamics and Control, 2009, 33, (2), 477-490 View citations (168)
    See also Working Paper (2008)

2008

19. The Structural Dynamics of U.S. Output and Inflation: What Explains the Changes?
    Journal of Money, Credit and Banking, 2008, 40, (2‐3), 369-388 View citations (14)
    Also in Journal of Money, Credit and Banking, 2008, 40, (2-3), 369-388 (2008) View citations (58)
    See also Working Paper (2006)

2007

20. The Structural Dynamics of Output Growth and Inflation: Some International Evidence
    Economic Journal, 2007, 117, (519), C167-C191 View citations (54)
    See also Working Paper (2006)

2004

21. Policy matters. The long run effects of aggregate demand and mark-up shocks on the Italian unemployment rate
    Empirical Economics, 2004, 29, (2), 209-226 View citations (17)

Chapters

2022

1. Introduction
   A chapter in Essays in Honour of Fabio Canova, 2022, vol. 44A, pp 1-4
2. The Effect of News Shocks and Monetary Policy
   A chapter in Essays in Honour of Fabio Canova, 2022, vol. 44A, pp 139-164
   See also Working Paper (2019)

2020

3. Has the U.S. Wage Phillips Curve Flattened?
   Chapter 05 in Changing Inflation Dynamics,Evolving Monetary Policy, 2020, vol. 27, pp 149-172 View citations (1)

2019

4. On the Empirical (Ir)relevance of the Zero Lower Bound Constraint
   A chapter in NBER Macroeconomics Annual 2019, volume 34, 2019, pp 141-170 View citations (24)
   See also Working Paper (2019)
   Journal Article in NBER Macroeconomics Annual (2020)

2013

5. The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence
   A chapter in Lessons from the Financial Crisis for Monetary Policy, 2013 View citations (7)
   See also Working Paper (2014)
   Journal Article in American Economic Journal: Macroeconomics (2015)

Software Items

2016

1. Code and data files for "Business Cycle Fluctuations and the Distribution of Consumption"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2017)