Details about Leonardo Melosi

Access statistics for papers by Leonardo Melosi.

Last updated 2023-11-20. Update your information in the RePEc Author Service.

Short-id: pme283

Working Papers

2023

1. Job-to-Job Mobility and Inflation
   Working Paper Series, Federal Reserve Bank of Chicago
2. Learning Monetary Policy Strategies at the Effective Lower Bound with Sudden Surprises
   Working Paper Series, Federal Reserve Bank of Chicago

2022

3. A Fiscal Theory of Persistent Inflation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
4. Inflation as a Fiscal Limit
   Working Paper Series, Federal Reserve Bank of Chicago View citations (8)
5. The Signaling Effects of Fiscal Announcements
   Working Paper Series, Federal Reserve Bank of Chicago
6. Usual Shocks in our Usual Models
   Working Paper Series, Federal Reserve Bank of Chicago
7. Who is Afraid of Eurobonds?
   Working Paper Series, Federal Reserve Bank of Chicago View citations (2)

2021

8. Bad Jobs and Low Inflation
   Working Paper Series, Federal Reserve Bank of Chicago View citations (7)
   Also in Working Paper Series, Federal Reserve Bank of Chicago (2020) View citations (7)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (3)
   2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (3)

2020

9. Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength
   Working Paper Series, Federal Reserve Bank of Chicago View citations (20)
   Also in Working Paper Series, Federal Reserve Bank of Chicago (2020) View citations (30)
   NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (39)
10. Pandemic Recessions and Contact Tracing
    Working Paper Series, Federal Reserve Bank of Chicago View citations (1)
11. Strengthening the FOMC’s Framework in View of the Effective Lower Bound and Some Considerations Related to Time-Inconsistent Strategies
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)

2019

12. Hitting the Elusive Inflation Target
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2019) View citations (14)
13. Pigouvian Cycles
    2019 Meeting Papers, Society for Economic Dynamics
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (1)
14. The Limits of Forward Guidance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (36)
    Also in 2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (36)
    Working Paper Series, Federal Reserve Bank of Chicago (2019) View citations (31)

2018

15. Fiscal Stimulus with Learning-By-Doing
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (1)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2018) View citations (1)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2018) View citations (1)
    See also Journal Article FISCAL STIMULUS WITH LEARNING‐BY‐DOING, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2019) View citations (24) (2019)
16. The Role of News about TFP in U.S. Recessions and Booms
    Working Paper Series, Federal Reserve Bank of Chicago

2017

17. The Dire Effects of the Lack of Monetary and Fiscal Coordination
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2017) View citations (7)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (7)
    2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (7)
    See also Journal Article The dire effects of the lack of monetary and fiscal coordination, Journal of Monetary Economics, Elsevier (2019) View citations (39) (2019)

2016

18. Constrained Discretion and Central Bank Transparency
    Working Paper Series, Federal Reserve Bank of Chicago View citations (6)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2014) View citations (3)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2012) View citations (11)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2012) View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (3)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (3)
    Working Papers, Duke University, Department of Economics (2013) View citations (5)
    See also Journal Article Constrained Discretion and Central Bank Transparency, The Review of Economics and Statistics, MIT Press (2018) View citations (15) (2018)
19. Escaping the Great Recession
    Working Paper Series, Federal Reserve Bank of Chicago View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (13)
    2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (4)
    2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (4)
    Working Papers, Duke University, Department of Economics (2013) View citations (5)
    Working Paper Series, Federal Reserve Bank of Chicago (2014) View citations (11)
    See also Journal Article Escaping the Great Recession, American Economic Review, American Economic Association (2017) View citations (134) (2017)
20. Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis
    Working Paper Series, Federal Reserve Bank of Chicago View citations (26)
    See also Journal Article Forward Guidance and Macroeconomic Outcomes since the Financial Crisis, NBER Macroeconomics Annual, University of Chicago Press (2017) View citations (91) (2017)
    Chapter Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis, NBER Chapters, National Bureau of Economic Research, Inc (2016) View citations (93) (2016)
21. Hiring and Investment Frictions as Inflation Determinants
    2016 Meeting Papers, Society for Economic Dynamics
22. Signaling Effects of Monetary Policy
    Working Paper Series, Federal Reserve Bank of Chicago View citations (66)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2012) View citations (13)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2013) View citations (7)
    See also Journal Article Signalling Effects of Monetary Policy, The Review of Economic Studies, Review of Economic Studies Ltd (2017) View citations (124) (2017)

2014

23. Signaling Effects of Monteray Policy
    2014 Meeting Papers, Society for Economic Dynamics View citations (3)

2013

24. Dormant Shocks and Fiscal Virtue
    Working Papers, Duke University, Department of Economics View citations (48)
    Also in 2012 Meeting Papers, Society for Economic Dynamics (2012) View citations (3)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2013) View citations (56)
    See also Chapter Dormant Shocks and Fiscal Virtue, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (46) (2013)
    Journal Article Dormant Shocks and Fiscal Virtue, NBER Macroeconomics Annual, University of Chicago Press (2014) View citations (16) (2014)
25. Modeling the Evolution of Expectations and Uncertainty in General Equilibrium
    Working Papers, Duke University, Department of Economics View citations (6)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2012) View citations (3)
    2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (4)
    Working Paper Series, Federal Reserve Bank of Chicago (2013) View citations (4)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2012) View citations (2)

2012

26. Inflationary Sentiments and Monetary Policy Communcation
    2012 Meeting Papers, Society for Economic Dynamics View citations (3)

2011

27. Methods for Computing Marginal Data Densities from the Gibbs Output
    Departmental Working Papers, Rutgers University, Department of Economics
    See also Journal Article Methods for computing marginal data densities from the Gibbs output, Journal of Econometrics, Elsevier (2013) View citations (12) (2013)
28. Public's Inflation Expectations and Monetary Policy
    2011 Meeting Papers, Society for Economic Dynamics View citations (5)

2009

29. A Likelihood Analysis of Models with Information Frictions
    2009 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2009) View citations (3)

Journal Articles

2022

1. The Effects of the “Great Resignation” on Labor Market Slack and Inflation
   Chicago Fed Letter, 2022, (465), 7

2021

2. Introduction to the Special Issue in Memory of Alejandro Justiniano
   Review of Economic Dynamics, 2021, 41, 1-3
3. Some inflation scenarios for the American Rescue Plan Act of 2021
   Chicago Fed Letter, 2021, (453), 8 View citations (1)

2019

4. FISCAL STIMULUS WITH LEARNING‐BY‐DOING
   International Economic Review, 2019, 60, (3), 1413-1432 View citations (24)
   See also Working Paper Fiscal Stimulus with Learning-By-Doing, Discussion Papers (2018) View citations (1) (2018)
5. The Macroeconomic Effects of the 2018 Bipartisan Budget Act
   Economic Perspectives, 2019, (2), 2-12
6. The dire effects of the lack of monetary and fiscal coordination
   Journal of Monetary Economics, 2019, 104, (C), 1-22 View citations (39)
   See also Working Paper The Dire Effects of the Lack of Monetary and Fiscal Coordination, CEPR Discussion Papers (2017) View citations (7) (2017)

2018

7. Constrained Discretion and Central Bank Transparency
   The Review of Economics and Statistics, 2018, 100, (1), 187-202 View citations (15)
   See also Working Paper Constrained Discretion and Central Bank Transparency, Working Paper Series (2016) View citations (6) (2016)

2017

8. Escaping the Great Recession
   American Economic Review, 2017, 107, (4), 1030-58 View citations (134)
   See also Working Paper Escaping the Great Recession, Working Paper Series (2016) View citations (6) (2016)
9. Forward Guidance and Macroeconomic Outcomes since the Financial Crisis
   NBER Macroeconomics Annual, 2017, 31, (1), 283 - 357 View citations (91)
   See also Chapter Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis, NBER Chapters, 2016, 283-357 (2016) View citations (93) (2016)
   Working Paper Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis, Working Paper Series (2016) View citations (26) (2016)
10. Signalling Effects of Monetary Policy
    The Review of Economic Studies, 2017, 84, (2), 853-884 View citations (124)
    See also Working Paper Signaling Effects of Monetary Policy, Working Paper Series (2016) View citations (66) (2016)

2014

11. Dormant Shocks and Fiscal Virtue
    NBER Macroeconomics Annual, 2014, 28, (1), 1 - 46 View citations (16)
    See also Chapter Dormant Shocks and Fiscal Virtue, NBER Chapters, 2013, 1-46 (2013) View citations (46) (2013)
    Working Paper Dormant Shocks and Fiscal Virtue, Working Papers (2013) View citations (48) (2013)
12. Estimating Models with Dispersed Information
    American Economic Journal: Macroeconomics, 2014, 6, (1), 1-31 View citations (60)
13. The Natural Rate of Interest and Its Usefulness for Monetary Policy
    American Economic Review, 2014, 104, (5), 37-43 View citations (145)

2013

14. Comment
    NBER International Seminar on Macroeconomics, 2013, 9, (1), 174 - 179
15. Methods for computing marginal data densities from the Gibbs output
    Journal of Econometrics, 2013, 175, (2), 132-141 View citations (12)
    See also Working Paper Methods for Computing Marginal Data Densities from the Gibbs Output, Departmental Working Papers (2011) (2011)

Chapters

2016

1. Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis
   A chapter in NBER Macroeconomics Annual 2016, Volume 31, 2016, pp 283-357 View citations (93)
   See also Journal Article Forward Guidance and Macroeconomic Outcomes since the Financial Crisis, University of Chicago Press (2017) View citations (91) (2017)
   Working Paper Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis, Federal Reserve Bank of Chicago (2016) View citations (26) (2016)

2013

2. Dormant Shocks and Fiscal Virtue
   A chapter in NBER Macroeconomics Annual 2013, Volume 28, 2013, pp 1-46 View citations (46)
   See also Working Paper Dormant Shocks and Fiscal Virtue, Duke University, Department of Economics (2013) View citations (48) (2013)
   Journal Article Dormant Shocks and Fiscal Virtue, University of Chicago Press (2014) View citations (16) (2014)

2012

3. Comment on "Global House Price Fluctuations: Synchronization and Determinants"
   A chapter in NBER International Seminar on Macroeconomics 2012, 2012, pp 174-179