Details about Michele Lenza

Access statistics for papers by Michele Lenza.

Last updated 2019-10-21. Update your information in the RePEc Author Service.

Short-id: ple337

Working Papers

2019

1. Interbank rate uncertainty and bank lending
   Working Paper Series, European Central Bank
2. Mind the gap: a multi-country BVAR benchmark for the Eurosystem projections
   Working Paper Series, European Central Bank View citations (2)
3. Money, credit, monetary policy and the business cycle in the euro area: what has changed since the crisis?
   Working Paper Series, European Central Bank
   Also in Staff Reports, Federal Reserve Bank of New York (2019)

2018

4. Economic predictions with big data: the illusion of sparsity
   Staff Reports, Federal Reserve Bank of New York View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (7)
5. How does monetary policy affect income and wealth inequality? Evidence from quantitative easing in the euro area
   Working Paper Series, European Central Bank View citations (3)
6. Priors for the long run
   Working Paper Series, European Central Bank View citations (5)
   Also in Staff Reports, Federal Reserve Bank of New York (2017) View citations (1)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (5)
   See also Journal Article in Journal of the American Statistical Association (2019)

2016

7. An inflation-predicting measure of the output gap in the euro area
   Working Paper Series, European Central Bank View citations (11)
   See also Journal Article in Journal of Money, Credit and Banking (2018)

2015

8. Nowcasting Business Cycles: a Bayesian Approach to Dynamic Heterogeneous Factor Models
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (6)
   See also Chapter (2016)

2014

9. Conditional Forecasts and Scenario Analysis with Vector Autoregressions for Large Cross-Sections
   Working Papers ECARES, ULB -- Universite Libre de Bruxelles View citations (15)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (8)
   Working Paper Series, European Central Bank (2014) View citations (8)
   See also Journal Article in International Journal of Forecasting (2015)
10. The Financial and Macroeconomic Effects of OMT Announcements
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (50)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2014) View citations (59)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2014) View citations (72)
    Working Paper Series, European Central Bank (2014) View citations (66)
    See also Journal Article in International Journal of Central Banking (2016)

2013

11. Corporate finance and economic activity in the euro area
    Occasional Paper Series, European Central Bank View citations (17)

2012

12. Money, Credit, Monetary Policy and the Business Cycle in the Euro Area
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles View citations (25)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (34)
13. Prior Selection for Vector Autoregressions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (40)
    Also in Working Paper Series, European Central Bank (2012) View citations (38)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (61)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2012) View citations (59)
    See also Journal Article in The Review of Economics and Statistics (2015)
14. The ECB and the Interbank Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (63)
    Also in Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2012) View citations (48)
    Working Paper Series, European Central Bank (2012) View citations (45)
    See also Journal Article in Economic Journal (2012)

2011

15. Market freedom and the global recession
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (21)
    Also in Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2010) View citations (32)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (32)
    See also Journal Article in IMF Economic Review (2011)
16. Non-standard monetary policy measures and monetary developments
    Working Paper Series, European Central Bank View citations (33)
    Also in Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2010) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (14)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2010)

2010

17. Monetary policy in exceptional times
    Working Paper Series, European Central Bank View citations (151)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (160)
    See also Journal Article in Economic Policy (2010)
18. Prior Selection for Bayesian VARs
    2010 Meeting Papers, Society for Economic Dynamics
19. Short-Term Inflation Projections: a Bayesian Vector Autoregressive approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (40)
    Also in Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2010) View citations (32)
    See also Journal Article in International Journal of Forecasting (2014)

2009

20. Business Cycles in the Euro Area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (39)
    Also in Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2008) View citations (34)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (42)
    See also Journal Article in Research Bulletin (2009)
    Chapter (2010)
21. The Feldstein-Horioka Fact
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles View citations (18)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (12)
    Working Paper Series, European Central Bank (2008) View citations (5)
    See also Journal Article in NBER International Seminar on Macroeconomics (2010)
    Chapter (2010)

2008

22. Explaining the Great Moderation: it is not the shocks
    Working Paper Series, European Central Bank View citations (99)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (11)
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2008) View citations (2)
    See also Journal Article in Journal of the European Economic Association (2008)

2007

23. Essays on monetary policy, saving and investment
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
24. Monetary policy and core inflation
    Working Paper Series, European Central Bank View citations (1)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2007) View citations (1)

Journal Articles

2019

1. Priors for the Long Run
   Journal of the American Statistical Association, 2019, 114, (526), 565-580 View citations (3)
   See also Working Paper (2018)
2. Quantitative easing did not increase inequality in the euro area
   Research Bulletin, 2019, 54

2018

3. An Inflation‐Predicting Measure of the Output Gap in the Euro Area
   Journal of Money, Credit and Banking, 2018, 50, (6), 1189-1224 View citations (15)
   See also Working Paper (2016)
4. Measures of underlying inflation for the euro area
   Economic Bulletin Articles, 2018, 4 View citations (3)

2017

5. The national segmentation of euro area bank balance sheets during the financial crisis
   Empirical Economics, 2017, 53, (1), 247-265 View citations (6)

2016

6. The Financial and Macroeconomic Effects of the OMT Announcements
   International Journal of Central Banking, 2016, 12, (3), 29-57 View citations (19)
   Also in Research Bulletin, 2015, 22, 12-16 (2015)
   See also Working Paper (2014)

2015

7. Conditional forecasts and scenario analysis with vector autoregressions for large cross-sections
   International Journal of Forecasting, 2015, 31, (3), 739-756 View citations (39)
   See also Working Paper (2014)
8. Prior Selection for Vector Autoregressions
   The Review of Economics and Statistics, 2015, 97, (2), 436-451 View citations (173)
   See also Working Paper (2012)

2014

9. Short-term inflation projections: A Bayesian vector autoregressive approach
   International Journal of Forecasting, 2014, 30, (3), 635-644 View citations (42)
   See also Working Paper (2010)

2012

10. The ECB and the Interbank Market
    Economic Journal, 2012, 122, (564), F467-F486 View citations (47)
    See also Working Paper (2012)

2011

11. A Factor Model for Euro-area Short-term Inflation Analysis
    Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2011, 231, (1), 50-62 View citations (4)
12. Market Freedom and the Global Recession
    IMF Economic Review, 2011, 59, (1), 111-135 View citations (60)
    See also Working Paper (2011)
13. Revisiting the information content of core inflation
    Research Bulletin, 2011, 14, 11-13

2010

14. Enhancing monetary analysis
    Research Bulletin, 2010, 11, 2-6 View citations (2)
15. Monetary policy in exceptional times
    Economic Policy, 2010, 25, 295-339 View citations (189)
    See also Working Paper (2010)
16. The Feldstein-Horioka Fact
    NBER International Seminar on Macroeconomics, 2010, 6, (1), 103 - 117 View citations (6)
    See also Chapter (2010)
    Working Paper (2009)

2009

17. Business cycles in the euro area
    Research Bulletin, 2009, 8, 5-7 View citations (4)
    See also Working Paper (2009)
    Chapter (2010)
18. Monetary analysis and monetary policy in the euro area 1999-2006
    Journal of International Money and Finance, 2009, 28, (7), 1138-1164 View citations (16)

2008

19. Explaining The Great Moderation: It Is Not The Shocks
    Journal of the European Economic Association, 2008, 6, (2-3), 621-633 View citations (68)
    See also Working Paper (2008)

Chapters

2016

1. Nowcasting Business Cycles: A Bayesian Approach to Dynamic Heterogeneous Factor Models
   A chapter in Dynamic Factor Models, 2016, vol. 35, pp 569-594 View citations (4)
   See also Working Paper (2015)

2013

2. Cross-border banking transactions in the euro area
   A chapter in Proceedings of the Sixth IFC Conference on "Statistical issues and activities in a changing environment", Basel, 28-29 August 2012., 2013, vol. 36, pp 518-531

2011

3. MACROPRUDENTIAL POLICY AND MONETARY POLICY: SOME LESSONS FROM THE EURO AREA
   Chapter 8 in Macroprudential Regulatory Policies The New Road to Financial Stability?, 2011, pp 103-119

2010

4. Business Cycles in the Euro Area
   A chapter in Europe and the Euro, 2010, pp 141-167 View citations (18)
   See also Journal Article in Research Bulletin (2009)
   Working Paper (2009)
5. The Feldstein-Horioka Fact
   A chapter in NBER International Seminar on Macroeconomics 2009, 2010, pp 103-117 View citations (6)
   See also Working Paper (2009)
   Journal Article in NBER International Seminar on Macroeconomics (2010)