Details about Francesco Grigoli

Access statistics for papers by Francesco Grigoli.

Last updated 2025-04-06. Update your information in the RePEc Author Service.

Short-id: pgr297

Working Papers

2024

1. Monetary Policy Transmission in Emerging Markets: Proverbial Concerns, Novel Evidence
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in BIS Working Papers, Bank for International Settlements (2024)
   IMF Working Papers, International Monetary Fund (2024)

2023

2. Dampening global financial shocks: can macroprudential regulation help (more than capital controls)?
   BIS Working Papers, Bank for International Settlements View citations (3)
   Also in IMF Working Papers, International Monetary Fund (2020) View citations (41)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (39)
   See also Journal Article Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)?, Journal of Money, Credit and Banking, Blackwell Publishing (2024) View citations (1) (2024)
3. Keep Calm and Bank On: Panic-Driven Bank Runs and the Role of Public Communication
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   BIS Working Papers, Bank for International Settlements (2023) View citations (2)
4. Low for (Very) Long? A Long-Run Perspective on r* across Advanced Economies
   IMF Working Papers, International Monetary Fund View citations (2)
5. Monetary policy and credit card spending
   BIS Working Papers, Bank for International Settlements View citations (5)
   Also in IMF Working Papers, International Monetary Fund (2022) View citations (3)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
6. Public Debt and Household Inflation Expectations
   IMF Working Papers, International Monetary Fund View citations (6)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   BIS Working Papers, Bank for International Settlements (2023) View citations (6)
   See also Journal Article Public debt and household inflation expectations, Journal of International Economics, Elsevier (2024) View citations (2) (2024)

2022

7. Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market
   Working Papers Central Bank of Chile, Central Bank of Chile
   Also in IMF Working Papers, International Monetary Fund (2021)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
   See also Journal Article Idiosyncratic shocks and aggregate fluctuations in an emerging market, Journal of Development Economics, Elsevier (2023) View citations (1) (2023)
8. Inflation Expectations and the Supply Chain
   IMF Working Papers, International Monetary Fund View citations (1)
9. Updating Inflation Weights in the UK and Germany during COVID-19
   IMF Working Papers, International Monetary Fund View citations (2)

2021

10. Assessing Targeted Containment Policies to Fight COVID-19
    GLO Discussion Paper Series, Global Labor Organization (GLO)
    Also in IMF Working Papers, International Monetary Fund (2020)
    See also Journal Article Assessing Targeted Containment Policies to Fight COVID-19, The B.E. Journal of Macroeconomics, De Gruyter (2022) (2022)
11. Calling Older Workers Back to Work
    GLO Discussion Paper Series, Global Labor Organization (GLO) View citations (1)
    See also Journal Article Calling older workers back to work, Applied Economics Letters, Taylor & Francis Journals (2022) (2022)
12. Expectations' Anchoring and Inflation Persistence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in IMF Working Papers, International Monetary Fund (2018) View citations (12)
    See also Journal Article Expectations' anchoring and inflation persistence, Journal of International Economics, Elsevier (2021) View citations (20) (2021)
13. Mobility under the COVID-19 Pandemic: Asymmetric Effects across Gender and Age
    GLO Discussion Paper Series, Global Labor Organization (GLO) View citations (5)
    Also in IMF Working Papers, International Monetary Fund (2020) View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (5)
    See also Journal Article Mobility Under the COVID-19 Pandemic: Asymmetric Effects Across Gender and Age, IMF Economic Review, Palgrave Macmillan (2022) View citations (7) (2022)

2020

14. Monetary Policy Surprises and Inflation Expectation Dispersion
    IMF Working Papers, International Monetary Fund View citations (1)
15. Network Effects and Research Collaborations
    IMF Working Papers, International Monetary Fund View citations (3)
16. Network effects and research collaborations
    Working Paper Research, National Bank of Belgium
17. Predictive Density Aggregation: A Model for Global GDP Growth
    IMF Working Papers, International Monetary Fund View citations (2)
18. Protecting Lives and Livelihoods with Early and Tight Lockdowns
    IMF Working Papers, International Monetary Fund View citations (14)
    See also Journal Article Protecting Lives and Livelihoods with Early and Tight Lockdowns, The B.E. Journal of Macroeconomics, De Gruyter (2022) View citations (8) (2022)
19. Worker Mobility and Domestic Production Networks
    IMF Working Papers, International Monetary Fund View citations (4)

2019

20. Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock
    IMF Working Papers, International Monetary Fund View citations (2)
    See also Journal Article Gains from anchoring inflation expectations: Evidence from the taper tantrum shock, Economics Letters, Elsevier (2020) View citations (4) (2020)

2018

21. A Cohort-Based Analysis of Labor Force Participation for Advanced Economies
    IMF Working Papers, International Monetary Fund View citations (9)
    Also in GLO Discussion Paper Series, Global Labor Organization (GLO) (2018) View citations (9)
    See also Journal Article A cohort-based analysis of labor force participation for advanced economies, Oxford Economic Papers, Oxford University Press (2021) (2021)
22. Drivers of Labor Force Participation in Advanced Economies: Macro and Micro Evidence
    GLO Discussion Paper Series, Global Labor Organization (GLO) View citations (9)
    Also in IMF Working Papers, International Monetary Fund (2018) View citations (9)
23. Is Inflation Domestic or Global? Evidence from Emerging Markets
    IMF Working Papers, International Monetary Fund View citations (6)
    See also Journal Article Is Inflation Domestic or Global? Evidence from Emerging Markets, International Journal of Central Banking, International Journal of Central Banking (2022) (2022)
24. Is Unemployment on Steroids in Advanced Economies?
    GLO Discussion Paper Series, Global Labor Organization (GLO)
    Also in IMF Working Papers, International Monetary Fund (2018) View citations (1)
    See also Journal Article Is unemployment on steroids in advanced economies?, The B.E. Journal of Macroeconomics, De Gruyter (2020) (2020)
25. Optimism, Pessimism, and Short-Term Fluctuations
    IMF Working Papers, International Monetary Fund View citations (4)
    See also Journal Article Optimism, pessimism, and short-term fluctuations, Journal of Macroeconomics, Elsevier (2019) View citations (6) (2019)

2017

26. A Crude Shock: Explaining the Impact of the 2014-16 Oil Price Decline Across Exporters
    IMF Working Papers, International Monetary Fund View citations (9)
27. Fear Thy Neighbor: Spillovers from Economic Policy Uncertainty
    IMF Working Papers, International Monetary Fund View citations (26)
    See also Journal Article Fear thy neighbor: Spillovers from economic policy uncertainty, Review of International Economics, Wiley Blackwell (2021) View citations (12) (2021)
28. Fiscal Federalism and Regional Performance
    IMF Working Papers, International Monetary Fund View citations (5)
29. Inequality Overhang
    IMF Working Papers, International Monetary Fund View citations (31)

2016

30. Inequality and Growth: A Heterogeneous Approach
    IMF Working Papers, International Monetary Fund View citations (5)
31. Macro-Financial Linkages and Heterogeneous Non-Performing Loans Projections: An Application to Ecuador
    IMF Working Papers, International Monetary Fund View citations (1)
    See also Journal Article Macro-financial linkages and heterogeneous non-performing loans projections: An application to Ecuador, Journal of Banking & Finance, Elsevier (2018) View citations (7) (2018)
32. Power It Up: Strengthening the Electricity Sector to Improve Efficiency and Support Economic Activity
    IMF Working Papers, International Monetary Fund View citations (2)
    See also Journal Article Power it up: Strengthening the electricity sector to improve efficiency and support economic activity, Energy Economics, Elsevier (2017) View citations (1) (2017)

2015

33. Fiscal Policy in Latin America: Lessons and Legacies of the Global Financial Crisis
    IMF Staff Discussion Notes, International Monetary Fund View citations (10)
34. Interest Rate Pass-Through in the Dominican Republic
    IMF Working Papers, International Monetary Fund View citations (1)
    See also Journal Article Interest rate pass-through in the Dominican Republic, Latin American Economic Review, Springer (2017) View citations (9) (2017)
35. Output Gap Uncertainty and Real-Time Monetary Policy
    IMF Working Papers, International Monetary Fund View citations (23)
    See also Journal Article Output gap uncertainty and real-time monetary policy, Russian Journal of Economics, Elsevier (2015) View citations (21) (2015)
36. Saving in Latin America and the Caribbean: Performance and Policies
    IMF Working Papers, International Monetary Fund View citations (7)

2014

37. A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies
    IMF Working Papers, International Monetary Fund View citations (15)
    See also Journal Article A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies, Applied Economics and Finance, Redfame publishing (2015) View citations (12) (2015)
38. Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries
    IMF Staff Discussion Notes, International Monetary Fund View citations (7)
39. World Saving
    IMF Working Papers, International Monetary Fund View citations (69)

2013

40. State-Owned Banks and Fiscal Discipline
    IMF Working Papers, International Monetary Fund View citations (10)
41. Waste Not, Want Not: The Efficiency of Health Expenditure in Emerging and Developing Economies
    IMF Working Papers, International Monetary Fund View citations (15)
    See also Journal Article Waste not, want not: The efficiency of health expenditure in emerging and developing economies, Review of Development Economics, Wiley Blackwell (2018) View citations (25) (2018)

2012

42. Determinants and dynamics of schooling and child labor in Bolivia
    Post-Print, HAL
    Also in Policy Research Working Paper Series, The World Bank (2011) View citations (2)
    See also Journal Article DETERMINANTS AND DYNAMICS OF SCHOOLING AND CHILD LABOUR IN BOLIVIA, Bulletin of Economic Research, Wiley Blackwell (2013) View citations (4) (2013)
43. Enhancing the Capability of Central Finance Agencies
    World Bank Publications - Reports, The World Bank Group View citations (2)
    See also Journal Article Enhancing the Capability of Central Finance Agencies, World Bank - Economic Premise, The World Bank (2012) View citations (2) (2012)
44. MTEFs and fiscal performance: panel data evidence
    Policy Research Working Paper Series, The World Bank View citations (7)
45. Public Expenditure in the Slovak Republic: Composition and Technical Efficiency
    IMF Working Papers, International Monetary Fund View citations (8)
46. Quality of Government and Living Standards
    World Bank Publications - Reports, The World Bank Group View citations (6)
    See also Journal Article Quality of Government and Living Standards, World Bank - Economic Premise, The World Bank (2012) View citations (6) (2012)
47. Quality of Government and Living Standards: Adjusting for the Efficiency of Public Spending
    IMF Working Papers, International Monetary Fund View citations (7)

2011

48. An empirical investigation of the nexus among money balances, commodity prices and consumer goods'prices
    Policy Research Working Paper Series, The World Bank
49. Do high and volatile levels of public investment suggest misconduct ? the role of institutional quality
    Policy Research Working Paper Series, The World Bank View citations (1)

2010

50. Recoveries in the Middle East, North Africa, and Pakistan: Have Macroeconomic Policies Been Effective?
    IMF Working Papers, International Monetary Fund View citations (1)
    See also Journal Article Recoveries in the Middle East, North Africa, and Pakistan: have macroeconomic policies been effective?, Middle East Development Journal, Taylor & Francis Journals (2014) (2014)

Journal Articles

2024

1. COVID-19 inflation weights in the UK and Germany
   Journal of Macroeconomics, 2024, 79, (C)
2. Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)?
   Journal of Money, Credit and Banking, 2024, 56, (6), 1405-1438 View citations (1)
   See also Working Paper Dampening global financial shocks: can macroprudential regulation help (more than capital controls)?, BIS Working Papers (2023) View citations (3) (2023)
3. Public debt and household inflation expectations
   Journal of International Economics, 2024, 152, (C) View citations (2)
   See also Working Paper Public Debt and Household Inflation Expectations, IMF Working Papers (2023) View citations (6) (2023)

2023

4. Idiosyncratic shocks and aggregate fluctuations in an emerging market
   Journal of Development Economics, 2023, 160, (C) View citations (1)
   See also Working Paper Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market, Working Papers Central Bank of Chile (2022) (2022)

2022

5. Assessing Targeted Containment Policies to Fight COVID-19
   The B.E. Journal of Macroeconomics, 2022, 22, (1), 159-196
   See also Working Paper Assessing Targeted Containment Policies to Fight COVID-19, GLO Discussion Paper Series (2021) (2021)
6. Calling older workers back to work
   Applied Economics Letters, 2022, 29, (6), 559-566
   See also Working Paper Calling Older Workers Back to Work, GLO Discussion Paper Series (2021) View citations (1) (2021)
7. Correction to: Mobility Under the COVID-19 Pandemic: Asymmetric Effects Across Gender and Age
   IMF Economic Review, 2022, 70, (1), 139-140 View citations (1)
8. Is Inflation Domestic or Global? Evidence from Emerging Markets
   International Journal of Central Banking, 2022, 18, (4), 1-52
   See also Working Paper Is Inflation Domestic or Global? Evidence from Emerging Markets, IMF Working Papers (2018) View citations (6) (2018)
9. Mobility Under the COVID-19 Pandemic: Asymmetric Effects Across Gender and Age
   IMF Economic Review, 2022, 70, (1), 105-138 View citations (7)
   See also Working Paper Mobility under the COVID-19 Pandemic: Asymmetric Effects across Gender and Age, GLO Discussion Paper Series (2021) View citations (5) (2021)
10. Network effects and research collaborations: evidence from IMF Working Paper co-authorship
    Scientometrics, 2022, 127, (12), 7169-7192 View citations (1)
11. Protecting Lives and Livelihoods with Early and Tight Lockdowns
    The B.E. Journal of Macroeconomics, 2022, 22, (1), 241-268 View citations (8)
    See also Working Paper Protecting Lives and Livelihoods with Early and Tight Lockdowns, IMF Working Papers (2020) View citations (14) (2020)

2021

12. A cohort-based analysis of labor force participation for advanced economies
    Oxford Economic Papers, 2021, 73, (2), 623-643
    See also Working Paper A Cohort-Based Analysis of Labor Force Participation for Advanced Economies, IMF Working Papers (2018) View citations (9) (2018)
13. Expectations' anchoring and inflation persistence
    Journal of International Economics, 2021, 132, (C) View citations (20)
    See also Working Paper Expectations' Anchoring and Inflation Persistence, CEPR Discussion Papers (2021) (2021)
14. Fear thy neighbor: Spillovers from economic policy uncertainty
    Review of International Economics, 2021, 29, (2), 409-438 View citations (12)
    See also Working Paper Fear Thy Neighbor: Spillovers from Economic Policy Uncertainty, IMF Working Papers (2017) View citations (26) (2017)

2020

15. A Note on the Algebra of Multiple Exchange Rates
    Economics Bulletin, 2020, 40, (1), 382-387
    Also in Annual Proceedings, 2018, 28 (2018)
16. Automation and labor force participation in advanced economies: Macro and micro evidence
    European Economic Review, 2020, 126, (C) View citations (41)
17. Gains from anchoring inflation expectations: Evidence from the taper tantrum shock
    Economics Letters, 2020, 188, (C) View citations (4)
    See also Working Paper Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock, IMF Working Papers (2019) View citations (2) (2019)
18. Is unemployment on steroids in advanced economies?
    The B.E. Journal of Macroeconomics, 2020, 20, (1), 17
    See also Working Paper Is Unemployment on Steroids in Advanced Economies?, GLO Discussion Paper Series (2018) (2018)

2019

19. A crude shock: Explaining the short-run impact of the 2014–16 oil price decline across exporters
    Energy Economics, 2019, 78, (C), 481-493 View citations (23)
20. Optimism, pessimism, and short-term fluctuations
    Journal of Macroeconomics, 2019, 60, (C), 79-96 View citations (6)
    See also Working Paper Optimism, Pessimism, and Short-Term Fluctuations, IMF Working Papers (2018) View citations (4) (2018)

2018

21. Fiscal federalism and regional performance in Russia
    Russian Journal of Economics, 2018, 4, (2), 108-132 View citations (4)
22. Macro-financial linkages and heterogeneous non-performing loans projections: An application to Ecuador
    Journal of Banking & Finance, 2018, 97, (C), 130-141 View citations (7)
    See also Working Paper Macro-Financial Linkages and Heterogeneous Non-Performing Loans Projections: An Application to Ecuador, IMF Working Papers (2016) View citations (1) (2016)
23. Saving in the world
    World Development, 2018, 104, (C), 257-270 View citations (28)
24. Waste not, want not: The efficiency of health expenditure in emerging and developing economies
    Review of Development Economics, 2018, 22, (1), 384-403 View citations (25)
    See also Working Paper Waste Not, Want Not: The Efficiency of Health Expenditure in Emerging and Developing Economies, IMF Working Papers (2013) View citations (15) (2013)

2017

25. Interest rate pass-through in the Dominican Republic
    Latin American Economic Review, 2017, 26, (1), 1-25 View citations (9)
    See also Working Paper Interest Rate Pass-Through in the Dominican Republic, IMF Working Papers (2015) View citations (1) (2015)
26. Is Private Saving in Latin America and the Caribbean Different?
    Review of Development Economics, 2017, 21, (4), 1255-1280
27. Power it up: Strengthening the electricity sector to improve efficiency and support economic activity
    Energy Economics, 2017, 67, (C), 375-386 View citations (1)
    See also Working Paper Power It Up: Strengthening the Electricity Sector to Improve Efficiency and Support Economic Activity, IMF Working Papers (2016) View citations (2) (2016)

2016

28. The impact of terms of trade and macroeconomic regimes on private saving
    Economics Letters, 2016, 145, (C), 172-175 View citations (2)

2015

29. A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies
    Applied Economics and Finance, 2015, 2, (1), 19-32 View citations (12)
    See also Working Paper A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies, IMF Working Papers (2014) View citations (15) (2014)
30. Output gap uncertainty and real-time monetary policy
    Russian Journal of Economics, 2015, 1, (4), 329-358 View citations (21)
    See also Working Paper Output Gap Uncertainty and Real-Time Monetary Policy, IMF Working Papers (2015) View citations (23) (2015)

2014

31. Institutions and public investment: an empirical analysis
    Economics of Governance, 2014, 15, (2), 131-153 View citations (17)
32. Multiyear budgets and fiscal performance: Panel data evidence
    Journal of Public Economics, 2014, 111, (C), 79-95 View citations (21)
33. Recoveries in the Middle East, North Africa, and Pakistan: have macroeconomic policies been effective?
    Middle East Development Journal, 2014, 6, (1), 45-65
    See also Working Paper Recoveries in the Middle East, North Africa, and Pakistan: Have Macroeconomic Policies Been Effective?, IMF Working Papers (2010) View citations (1) (2010)
34. Some unpleasant fiscal-adjustment arithmetic
    European Economic Letters, 2014, 3, (1), 18-21

2013

35. DETERMINANTS AND DYNAMICS OF SCHOOLING AND CHILD LABOUR IN BOLIVIA
    Bulletin of Economic Research, 2013, 65, s17-s37 View citations (4)
    See also Working Paper Determinants and dynamics of schooling and child labor in Bolivia, Post-Print (2012) (2012)

2012

36. Enhancing the Capability of Central Finance Agencies
    World Bank - Economic Premise, 2012, (73), 1-7 View citations (2)
    See also Working Paper Enhancing the Capability of Central Finance Agencies, World Bank Publications - Reports (2012) View citations (2) (2012)
37. Quality of Government and Living Standards
    World Bank - Economic Premise, 2012, (89), 1-6 View citations (6)
    See also Working Paper Quality of Government and Living Standards, World Bank Publications - Reports (2012) View citations (6) (2012)
38. The Impact of Trade Integration on Business Cycle Synchronization for Mercosur Countries
    European Journal of Comparative Economics, 2012, 9, (1), 103-131 View citations (5)