Details about Alberto Locarno

Access statistics for papers by Alberto Locarno.

Last updated 2021-12-24. Update your information in the RePEc Author Service.

Short-id: plo118

Working Papers

2021

1. Is inflation targeting a strategy past its sell-by date?
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (1)
2. The ECB’s price stability framework: past experience, and current and future challenges
   Occasional Paper Series, European Central Bank View citations (20)

2017

3. Public investment and monetary policy stance in the euro area
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (7)
4. The Bank of Italy econometric model: an update of the main equations and model elasticities
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (20)
5. Trust, but verify. De-anchoring of inflation expectations under learning and heterogeneity
   Working Paper Series, European Central Bank View citations (19)

2015

6. Every cloud has a silver lining. The sovereign crisis and Italian potential output
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (4)

2014

7. Deflationary shocks and de-anchoring of inflation expectations
   Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area View citations (12)
8. The effects of the crisis on production potential and household spending in Italy
   Workshop and Conferences, Bank of Italy, Economic Research and International Relations Area

2013

9. Modelling italian potential output and the output gap
   Working Papers, Department of the Treasury, Ministry of the Economy and of Finance
   Also in Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area (2010) View citations (15)
10. Sovereign risk, monetary policy and fiscal multipliers: a structural model-based assessment
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (12)

2012

11. Assessing macro-financial linkages: A model comparison exercise
    Discussion Papers, Deutsche Bundesbank View citations (8)
    Also in NBP Working Papers, Narodowy Bank Polski (2012) View citations (8)
    See also Journal Article Assessing macro-financial linkages: A model comparison exercise, Economic Modelling, Elsevier (2013) View citations (23) (2013)
12. Monetary policy in a model with misspecified, heterogeneous and ever-changing expectations
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area

2011

13. BASEL III: Long-term impact on economic performance and fluctuations
    BIS Working Papers, Bank for International Settlements View citations (71)
    Also in Working papers, Banque de France (2011) View citations (81)
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area (2011) View citations (65)
    Staff Reports, Federal Reserve Bank of New York (2011) View citations (74)
    See also Journal Article Basel III: Long-term Impact on Economic Performance and Fluctuations, Manchester School, University of Manchester (2015) View citations (56) (2015)
14. The macroeconomic impact of Basel III on the Italian economy
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area View citations (8)
    See also Journal Article The macroeconomic impact of Basel III on the Italian economy, Rivista Bancaria - Minerva Bancaria, Istituto di Cultura Bancaria Francesco Parrillo (2011) View citations (7) (2011)

2008

15. Tax revenue and the macroeconomic framework in Italy
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area

2006

16. Imperfect knowledge, adaptive learning and the bias against activist monetary policies
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (1)
    See also Journal Article Imperfect Knowledge, Adaptive Learning, and the Bias Against Activist Monetary Policies, International Journal of Central Banking, International Journal of Central Banking (2007) (2007)

2005

17. Cross-country differences in monetary policy transmission
    Working Papers, Banco de España View citations (18)
    Also in Working Paper Series, European Central Bank (2004) View citations (28)
18. Monetary Policy Uncertainty and the Stock Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2004

19. Is money informative? Evidence from a large model used for policy analysis
    Macroeconomics, University Library of Munich, Germany View citations (3)
    Also in Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area (2002) View citations (4)
    See also Journal Article Is money informative? Evidence from a large model used for policy analysis, Economic Modelling, Elsevier (2005) (2005)

2002

20. Dealing with forward-looking expectations and policy rules in quantifying the channels of transmission of monetary policy
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (2)

2001

21. IDENTIFYING THE MONETARY POLICY TRANSMISSION CHANNELS: THE ROLE OF SIMULTANEITY, MODEL NONLINEARITY, EXPECTATION FORMATION MECHANISMS AND POLICY RULES
    Computing in Economics and Finance 2001, Society for Computational Economics
22. Monetary policy transmission in the euro area: What do aggregate and national structural models tell us?
    Working Paper Series, European Central Bank View citations (62)
    Also in Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area (2001) View citations (48)

2000

23. The sources of unemployment fluctuations: an empirical application to the Italian case
    Working Paper Series, European Central Bank View citations (5)
    See also Journal Article The sources of unemployment fluctuations: an empirical application to the Italian case, Labour Economics, Elsevier (2001) View citations (23) (2001)

1998

24. Results and problems of five years of incomes policy: an initial quantitative evaluation
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (2)

1997

25. NAIRU: Incomes Policy and Inflation
    OECD Economics Department Working Papers, OECD Publishing View citations (13)

Journal Articles

2018

1. The sovereign crisis and Italy’s potential output
   Journal of Policy Modeling, 2018, 40, (2), 418-433 View citations (4)

2015

2. Basel III: Long-term Impact on Economic Performance and Fluctuations
   Manchester School, 2015, 83, (2), 217-251 View citations (56)
   See also Working Paper BASEL III: Long-term impact on economic performance and fluctuations, BIS Working Papers (2011) View citations (71) (2011)

2013

3. Assessing macro-financial linkages: A model comparison exercise
   Economic Modelling, 2013, 31, (C), 253-264 View citations (23)
   See also Working Paper Assessing macro-financial linkages: A model comparison exercise, Discussion Papers (2012) View citations (8) (2012)

2011

4. The macroeconomic impact of Basel III on the Italian economy
   Rivista Bancaria - Minerva Bancaria, 2011, (5-6) View citations (7)
   See also Working Paper The macroeconomic impact of Basel III on the Italian economy, Questioni di Economia e Finanza (Occasional Papers) (2011) View citations (8) (2011)

2007

5. Imperfect Knowledge, Adaptive Learning, and the Bias Against Activist Monetary Policies
   International Journal of Central Banking, 2007, 3, (3), 47-85
   See also Working Paper Imperfect knowledge, adaptive learning and the bias against activist monetary policies, Temi di discussione (Economic working papers) (2006) View citations (1) (2006)

2005

6. Is money informative? Evidence from a large model used for policy analysis
   Economic Modelling, 2005, 22, (2), 285-304
   See also Working Paper Is money informative? Evidence from a large model used for policy analysis, Macroeconomics (2004) View citations (3) (2004)

2003

7. New Macroeconomic Evidence on Monetary Policy Transmission in the Euro Area
   Journal of the European Economic Association, 2003, 1, (2-3), 720-730 View citations (121)

2001

8. The sources of unemployment fluctuations: an empirical application to the Italian case
   Labour Economics, 2001, 8, (2), 259-289 View citations (23)
   See also Working Paper The sources of unemployment fluctuations: an empirical application to the Italian case, Working Paper Series (2000) View citations (5) (2000)

Chapters

2005

1. The Bank of Italy's quarterly model
   Chapter 12 in Econometric Models of the Euro-area Central Banks, 2005 View citations (6)