Details about Luca Guerrieri

Access statistics for papers by Luca Guerrieri.

Last updated 2023-09-08. Update your information in the RePEc Author Service.

Short-id: pgu134

Working Papers

2024

1. Lessons from the Co-movement of Inflation around the World
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)

2021

2. Economic and Epidemiological Effects of Mandated and Spontaneous Social Distancing
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (3)
3. The Information Content of Stress Test Announcements
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
4. What Drives Bank Peformance?
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
   See also Journal Article What drives bank performance?, Economics Letters, Elsevier (2021) View citations (1) (2021)

2020

5. Optimal Dynamic Capital Requirements and Implementable Capital Buffer Rules
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (5)
6. Social Distancing and Supply Disruptions in a Pandemic
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (96)
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2020) View citations (40)
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2020) View citations (50)
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2020) View citations (91)
   See also Journal Article Social distancing and supply disruptions in a pandemic, Quantitative Economics, Econometric Society (2022) View citations (15) (2022)
7. The Elusive Gains from Nationally-Oriented Monetary Policy
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
   Also in Discussion Papers, Centre for Macroeconomics (CFM) (2020) View citations (3)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (3)
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2020) View citations (3)

2019

8. Likelihood Evaluation of Models with Occasionally Binding Constraints
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (19)
   See also Journal Article Likelihood evaluation of models with occasionally binding constraints, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2019) View citations (26) (2019)

2016

9. Interpreting Shocks to the Relative Price of Investment with a Two-Sector Model
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
   See also Journal Article Interpreting shocks to the relative price of investment with a two‐sector model, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2020) View citations (1) (2020)

2015

10. Collateral constraints and macroeconomic asymmetries
    NBP Working Papers, Narodowy Bank Polski View citations (23)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2013) View citations (18)
    2012 Meeting Papers, Society for Economic Dynamics (2012) View citations (5)
    See also Journal Article Collateral constraints and macroeconomic asymmetries, Journal of Monetary Economics, Elsevier (2017) View citations (197) (2017)
11. Macroeconomic Effects of Banking Sector Losses across Structural Models
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (10)
    Also in BIS Working Papers, Bank for International Settlements (2015) View citations (18)
    See also Journal Article Macroeconomic Effects of Banking-Sector Losses across Structural Models, International Journal of Central Banking, International Journal of Central Banking (2019) View citations (14) (2019)

2014

12. Macroeconomic Policy Games
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (26)
    See also Journal Article Macroeconomic policy games, Journal of Monetary Economics, Elsevier (2019) View citations (30) (2019)
13. OccBin: A Toolkit for Solving Dynamic Models With Occasionally Binding Constraints Easily
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (17)
    See also Journal Article OccBin: A toolkit for solving dynamic models with occasionally binding constraints easily, Journal of Monetary Economics, Elsevier (2015) View citations (429) (2015)

2012

14. Banks, Sovereign Debt and the International Transmission of Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (50)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2012) View citations (24)
    See also Chapter Banks, Sovereign Debt, and the International Transmission of Business Cycles, NBER Chapters, National Bureau of Economic Research, Inc (2012) View citations (46) (2012)
    Journal Article Banks, Sovereign Debt, and the International Transmission of Business Cycles, NBER International Seminar on Macroeconomics, University of Chicago Press (2013) View citations (18) (2013)
15. Can macro variables used in stress testing forecast the performance of banks?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (11)
16. Monetary policy responses to oil price fluctuations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (182)
    See also Journal Article Monetary Policy Responses to Oil Price Fluctuations, IMF Economic Review, Palgrave Macmillan (2012) View citations (182) (2012)
17. Oil Efficiency, Demand, and Prices: a Tale of Ups and Downs
    2012 Meeting Papers, Society for Economic Dynamics View citations (9)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2011) View citations (11)

2010

18. Interpreting investment-specific technology shocks
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (18)
19. Oil shocks and the zero bound on nominal interest rates
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (7)
    See also Journal Article Oil shocks and the zero bound on nominal interest rates, Journal of International Money and Finance, Elsevier (2013) View citations (74) (2013)
20. The Effects of Foreign Shocks When Interest Rates Are at Zero
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (20)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2009) View citations (25)
    See also Journal Article The effects of foreign shocks when interest rates are at zero, Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons (2017) View citations (10) (2017)

2009

21. Did easy money in the dollar bloc fuel the global commodity boom?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
22. International Competition and Inflation: A New Keynesian Perspective
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2008) View citations (11)
    See also Journal Article International Competition and Inflation: A New Keynesian Perspective, American Economic Journal: Macroeconomics, American Economic Association (2010) View citations (41) (2010)

2008

23. Oil Shocks and External Adjustment
    2008 Meeting Papers, Society for Economic Dynamics View citations (3)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2007) View citations (25)
    See also Journal Article Oil shocks and external adjustment, Journal of International Economics, Elsevier (2011) View citations (238) (2011)
24. On the application of automatic differentiation to the likelihood function for dynamic general equilibrium models
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (6)
25. Optimal monetary policy with distinct core and headline inflation rates
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (117)
    See also Journal Article Optimal monetary policy with distinct core and headline inflation rates, Journal of Monetary Economics, Elsevier (2008) View citations (109) (2008)

2006

26. Trade Adjustment and the Composition of Trade
    2006 Meeting Papers, Society for Economic Dynamics View citations (14)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2006) View citations (14)
    See also Journal Article Trade adjustment and the composition of trade, Journal of Economic Dynamics and Control, Elsevier (2008) View citations (55) (2008)

2005

27. Expansionary Fiscal Shocks and the Trade Deficit
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (137)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2005) View citations (82)
    See also Journal Article Expansionary Fiscal Shocks and the US Trade Deficit, International Finance, Wiley Blackwell (2005) View citations (109) (2005)
28. Investment-Specific and Multifactor Productivity in Multi-Sector Open Economies:Data and Analysis
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (7)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2005) View citations (10)
29. SIGMA: A New Open Economy Model for Policy Analysis
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (263)
    See also Journal Article SIGMA: A New Open Economy Model for Policy Analysis, International Journal of Central Banking, International Journal of Central Banking (2006) View citations (346) (2006)

2004

30. Can Long-Run Restrictions Identify Technology Shocks?
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (48)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations (27)
    See also Journal Article Can Long-Run Restrictions Identify Technology Shocks?, Journal of the European Economic Association, MIT Press (2005) View citations (159) (2005)
31. Productivity Growth and the Trade Balance in the 1990s: the Role of Evolving Perceptions
    2004 Meeting Papers, Society for Economic Dynamics View citations (3)

2002

32. The inflation persistence of staggered contracts
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (18)
    See also Journal Article The Inflation Persistence of Staggered Contracts, Journal of Money, Credit and Banking, Blackwell Publishing (2006) View citations (23) (2006)

2001

33. Inflation dynamics
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (9)

Journal Articles

2022

1. Social distancing and supply disruptions in a pandemic
   Quantitative Economics, 2022, 13, (2), 681-721 View citations (15)
   See also Working Paper Social Distancing and Supply Disruptions in a Pandemic, CEPR Discussion Papers (2020) View citations (96) (2020)

2021

2. What drives bank performance?
   Economics Letters, 2021, 204, (C) View citations (1)
   See also Working Paper What Drives Bank Peformance?, Finance and Economics Discussion Series (2021) (2021)

2020

3. Interpreting shocks to the relative price of investment with a two‐sector model
   Journal of Applied Econometrics, 2020, 35, (1), 82-98 View citations (1)
   See also Working Paper Interpreting Shocks to the Relative Price of Investment with a Two-Sector Model, Finance and Economics Discussion Series (2016) (2016)

2019

4. Likelihood evaluation of models with occasionally binding constraints
   Journal of Applied Econometrics, 2019, 34, (7), 1073-1085 View citations (26)
   See also Working Paper Likelihood Evaluation of Models with Occasionally Binding Constraints, Finance and Economics Discussion Series (2019) View citations (19) (2019)
5. Macroeconomic Effects of Banking-Sector Losses across Structural Models
   International Journal of Central Banking, 2019, 15, (3), 137-204 View citations (14)
   See also Working Paper Macroeconomic Effects of Banking Sector Losses across Structural Models, Finance and Economics Discussion Series (2015) View citations (10) (2015)
6. Macroeconomic policy games
   Journal of Monetary Economics, 2019, 101, (C), 64-81 View citations (30)
   See also Working Paper Macroeconomic Policy Games, Finance and Economics Discussion Series (2014) View citations (26) (2014)

2017

7. Collateral constraints and macroeconomic asymmetries
   Journal of Monetary Economics, 2017, 90, (C), 28-49 View citations (197)
   See also Working Paper Collateral constraints and macroeconomic asymmetries, NBP Working Papers (2015) View citations (23) (2015)
8. The effects of foreign shocks when interest rates are at zero
   Canadian Journal of Economics/Revue canadienne d'économique, 2017, 50, (3), 660-684 View citations (10)
   Also in Canadian Journal of Economics, 2017, 50, (3), 660-684 (2017) View citations (11)
   See also Working Paper The Effects of Foreign Shocks When Interest Rates Are at Zero, CEPR Discussion Papers (2010) View citations (20) (2010)

2015

9. OccBin: A toolkit for solving dynamic models with occasionally binding constraints easily
   Journal of Monetary Economics, 2015, 70, (C), 22-38 View citations (429)
   See also Working Paper OccBin: A Toolkit for Solving Dynamic Models With Occasionally Binding Constraints Easily, Finance and Economics Discussion Series (2014) View citations (17) (2014)

2014

10. MODELING INVESTMENT‐SECTOR EFFICIENCY SHOCKS: WHEN DOES DISAGGREGATION MATTER?
    International Economic Review, 2014, 55, (3), 891-917 View citations (4)

2013

11. Banks, Sovereign Debt, and the International Transmission of Business Cycles
    NBER International Seminar on Macroeconomics, 2013, 9, (1), 181 - 213 View citations (18)
    See also Chapter Banks, Sovereign Debt, and the International Transmission of Business Cycles, NBER Chapters, 2012, 181-213 (2012) View citations (46) (2012)
    Working Paper Banks, Sovereign Debt and the International Transmission of Business Cycles, NBER Working Papers (2012) View citations (50) (2012)
12. Oil shocks and the zero bound on nominal interest rates
    Journal of International Money and Finance, 2013, 32, (C), 941-967 View citations (74)
    See also Working Paper Oil shocks and the zero bound on nominal interest rates, International Finance Discussion Papers (2010) View citations (7) (2010)

2012

13. Monetary Policy Responses to Oil Price Fluctuations
    IMF Economic Review, 2012, 60, (4), 470-504 View citations (182)
    See also Working Paper Monetary policy responses to oil price fluctuations, CEPR Discussion Papers (2012) View citations (182) (2012)

2011

14. Did Easy Money in the Dollar Bloc Fuel the Oil Price Run-Up?
    International Journal of Central Banking, 2011, 7, (1), 131-160 View citations (12)
15. Oil shocks and external adjustment
    Journal of International Economics, 2011, 83, (2), 168-184 View citations (238)
    See also Working Paper Oil Shocks and External Adjustment, 2008 Meeting Papers (2008) View citations (3) (2008)

2010

16. International Competition and Inflation: A New Keynesian Perspective
    American Economic Journal: Macroeconomics, 2010, 2, (4), 247-80 View citations (41)
    See also Working Paper International Competition and Inflation: A New Keynesian Perspective, CEPR Discussion Papers (2009) View citations (12) (2009)

2008

17. Optimal monetary policy with distinct core and headline inflation rates
    Journal of Monetary Economics, 2008, 55, (Supplement 1), S18-S33 View citations (109)
    See also Working Paper Optimal monetary policy with distinct core and headline inflation rates, International Finance Discussion Papers (2008) View citations (117) (2008)
18. Trade adjustment and the composition of trade
    Journal of Economic Dynamics and Control, 2008, 32, (8), 2622-2650 View citations (55)
    Also in Proceedings, 2005 (2005)
    See also Working Paper Trade Adjustment and the Composition of Trade, 2006 Meeting Papers (2006) View citations (14) (2006)

2006

19. SIGMA: A New Open Economy Model for Policy Analysis
    International Journal of Central Banking, 2006, 2, (1) View citations (346)
    See also Working Paper SIGMA: A New Open Economy Model for Policy Analysis, International Finance Discussion Papers (2005) View citations (263) (2005)
20. The Inflation Persistence of Staggered Contracts
    Journal of Money, Credit and Banking, 2006, 38, (2), 483-494 View citations (23)
    See also Working Paper The inflation persistence of staggered contracts, International Finance Discussion Papers (2002) View citations (18) (2002)

2005

21. Can Long-Run Restrictions Identify Technology Shocks?
    Journal of the European Economic Association, 2005, 3, (6), 1237-1278 View citations (159)
    See also Working Paper Can Long-Run Restrictions Identify Technology Shocks?, Computing in Economics and Finance 2004 (2004) View citations (48) (2004)
22. Expansionary Fiscal Shocks and the US Trade Deficit
    International Finance, 2005, 8, (3), 363-397 View citations (109)
    See also Working Paper Expansionary Fiscal Shocks and the Trade Deficit, Computing in Economics and Finance 2005 (2005) View citations (137) (2005)

2004

23. Comments on "Monetary policy rules and exchange rate flexibility in a simple dynamic general equilibrium model"
    Journal of Macroeconomics, 2004, 26, (2), 315-317 View citations (1)

2002

24. Persistent Issues in Inflation Persistence
    Review on Economic Cycles, 2002, 5, (1)

Chapters

2012

1. Banks, Sovereign Debt, and the International Transmission of Business Cycles
   A chapter in NBER International Seminar on Macroeconomics 2012, 2012, pp 181-213 View citations (46)
   See also Journal Article Banks, Sovereign Debt, and the International Transmission of Business Cycles, University of Chicago Press (2013) View citations (18) (2013)
   Working Paper Banks, Sovereign Debt and the International Transmission of Business Cycles, National Bureau of Economic Research, Inc (2012) View citations (50) (2012)