Details about Giovanni Melina

Access statistics for papers by Giovanni Melina.

Last updated 2025-04-01. Update your information in the RePEc Author Service.

Short-id: pme403

Working Papers

2024

1. Gen-AI: Artificial Intelligence and the Future of Work
   IMF Staff Discussion Notes, International Monetary Fund View citations (8)
2. Monetary policy under natural disaster shocks
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (2)
   See also Journal Article MONETARY POLICY UNDER NATURAL DISASTER SHOCKS, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2024) View citations (2) (2024)

2023

3. Drivers of Large Recessions and Monetary Policy Responses
   CESifo Working Paper Series, CESifo View citations (1)
   Also in Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area (2023) View citations (1)
   See also Journal Article Drivers of large recessions and monetary policy responses, Journal of International Money and Finance, Elsevier (2023) View citations (1) (2023)
4. Market Reforms and Public Debt Dynamics in Emerging Market and Developing Economies
   IMF Staff Discussion Notes, International Monetary Fund View citations (1)
5. The Euro Area Government Spending Multiplier in Demand- and Supply-Driven Recessions?
   ECON WPS - Working Papers in Economic Theory and Policy, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit
   Also in CESifo Working Paper Series, CESifo (2022)
   See also Journal Article The Euro Area Government Spending Multiplier in Demand‐ and Supply‐Driven Recessions, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2024) View citations (1) (2024)

2022

6. Monetary Policy in Disaster-Prone Developing Countries
   IMF Working Papers, International Monetary Fund View citations (7)

2021

7. Building Back Better: How Big Are Green Spending Multipliers?
   IMF Working Papers, International Monetary Fund View citations (13)
   See also Journal Article Building back better: How big are green spending multipliers?, Ecological Economics, Elsevier (2022) View citations (9) (2022)
8. DIGNAR-19 Toolkit Manual
   IMF Technical Notes and Manuals, International Monetary Fund View citations (1)
9. Enhancing Resilience to Climate Change in the Maldives
   IMF Working Papers, International Monetary Fund View citations (1)
10. The Impact of r-g on the Euro-Area Government Spending Multiplier
    IMF Working Papers, International Monetary Fund View citations (1)
    See also Journal Article The impact of r-g on Euro-Area government spending multipliers, Journal of International Money and Finance, Elsevier (2021) View citations (1) (2021)

2020

11. How Loose, How Tight? A Measure of Monetary and Fiscal Stance for the Euro Area
    IMF Working Papers, International Monetary Fund View citations (2)
    Also in Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area (2020) View citations (2)
    See also Journal Article How loose, how tight? A measure of monetary and fiscal stance for the euro area*, Oxford Economic Papers, Oxford University Press (2021) View citations (4) (2021)
12. Sectoral Labor Mobility and Optimal Monetary Policy
    CESifo Working Paper Series, CESifo
    Also in Papers, arXiv.org (2020)
    IMF Working Papers, International Monetary Fund (2017) View citations (1)
    See also Journal Article Sectoral labor mobility and optimal monetary policy, Macroeconomic Dynamics, Cambridge University Press (2023) (2023)

2019

13. Macro-Fiscal Gains from Anti-Corruption Reforms in the Republic of Congo
    IMF Working Papers, International Monetary Fund View citations (1)
14. Macroeconomic Outcomes in Disaster-Prone Countries
    IMF Working Papers, International Monetary Fund View citations (10)
    See also Journal Article Macroeconomic outcomes in disaster-prone countries, Journal of Development Economics, Elsevier (2023) View citations (16) (2023)
15. Policy Trade-Offs in Building Resilience to Natural Disasters: The Case of St. Lucia
    IMF Working Papers, International Monetary Fund View citations (3)
16. Some Policy Lessons from Country Applications of the DIG and DIGNAR Models
    IMF Working Papers, International Monetary Fund View citations (2)
17. The Euro-Area Government Spending Multiplier at the Effective Lower Bound
    IMF Working Papers, International Monetary Fund View citations (8)
    See also Journal Article The euro-area government spending multiplier at the effective lower bound, European Economic Review, Elsevier (2020) View citations (22) (2020)

2018

18. Economic Fluctuations in Sub-Saharan Africa
    IMF Working Papers, International Monetary Fund View citations (4)
19. Fiscal buffers, private debt and recession: the good, the bad and the ugly
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (6)
    See also Journal Article Fiscal buffers, private debt, and recession: The good, the bad and the ugly, Journal of Macroeconomics, Elsevier (2019) View citations (14) (2019)
20. The Distributional Effects of Government Spending Shocks in Developing Economies
    IMF Working Papers, International Monetary Fund View citations (4)
    See also Journal Article The distributional effects of government spending shocks in developing economies, Review of Development Economics, Wiley Blackwell (2022) View citations (8) (2022)

2017

21. Investing in Public Infrastructure: Roads or Schools?
    IMF Working Papers, International Monetary Fund View citations (7)
    See also Journal Article INVESTING IN PUBLIC INFRASTRUCTURE: ROADS OR SCHOOLS?, Macroeconomic Dynamics, Cambridge University Press (2021) View citations (1) (2021)
22. Leaning Against Windy Bank Lending
    IMF Working Papers, International Monetary Fund View citations (1)
    Also in BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics (2014) View citations (2)
    CESifo Working Paper Series, CESifo (2015) View citations (4)
    See also Journal Article LEANING AGAINST WINDY BANK LENDING, Economic Inquiry, Western Economic Association International (2018) View citations (7) (2018)
23. Monetary Policy and the Relative Price of Durable Goods
    IMF Working Papers, International Monetary Fund
    Also in CESifo Working Paper Series, CESifo (2015) View citations (1)
    See also Journal Article Monetary policy and the relative price of durable goods, Journal of Economic Dynamics and Control, Elsevier (2018) View citations (19) (2018)
24. Optimal Fiscal and Monetary Policy, Debt Crisis and Management
    IMF Working Papers, International Monetary Fund View citations (11)
    Also in School of Economics Discussion Papers, School of Economics, University of Surrey (2017) View citations (13)
    See also Journal Article OPTIMAL FISCAL AND MONETARY POLICY, DEBT CRISIS, AND MANAGEMENT, Macroeconomic Dynamics, Cambridge University Press (2019) View citations (7) (2019)

2016

25. Fiscal Buffers, Private Debt, and Stagnation: The Good, the Bad and the Ugly
    IMF Working Papers, International Monetary Fund View citations (15)
26. Non-renewable resources, fiscal rules, and human capital
    Policy Research Working Paper Series, The World Bank

2015

27. Efficiency, Inefficiency and the MENA Frontier
    School of Economics Discussion Papers, School of Economics, University of Surrey

2014

28. Debt Sustainability, Public Investment, and Natural Resources in Developing Countries: the DIGNAR Model
    IMF Working Papers, International Monetary Fund View citations (18)
    See also Journal Article Debt sustainability, public investment, and natural resources in developing countries: The DIGNAR model, Economic Modelling, Elsevier (2016) View citations (37) (2016)
29. Deep versus superficial habit: It’s all in the persistence
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (9)

2013

30. A Fiscal Stimulus and Jobless Recovery
    IMF Working Papers, International Monetary Fund View citations (5)
    Also in School of Economics Discussion Papers, School of Economics, University of Surrey (2011) View citations (5)
    See also Journal Article A Fiscal Stimulus and Jobless Recovery, Scandinavian Journal of Economics, Wiley Blackwell (2014) View citations (17) (2014)
31. Coalition Formation in a Legislative Voting Game
    Working Papers, Department of Economics, City University London View citations (2)
32. Determinants of Sovereign Bond Yield Spreads in the EMU. An Optimal Currency Area Perspective
    Working Papers, Department of Economics, City University London View citations (7)
    See also Journal Article Determinants of sovereign bond yield spreads in the EMU: An optimal currency area perspective, European Economic Review, Elsevier (2014) View citations (70) (2014)
33. Fiscal Policy and Lending Relationships
    IMF Working Papers, International Monetary Fund View citations (9)
    Also in Working Papers of Department of Economics, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven (2012) View citations (3)
    Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics (2011)
    See also Journal Article FISCAL POLICY AND LENDING RELATIONSHIPS, Economic Inquiry, Western Economic Association International (2014) View citations (15) (2014)
34. Natural Gas, Public Investment and Debt Sustainability in Mozambique
    IMF Working Papers, International Monetary Fund View citations (11)
35. Optimal Fiscal and Monetary Rules in Normal and Abnormal Times
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (14)

2012

36. A Fiscal Stimulus with Deep Habits and Optimal Monetary Policy
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (12)
    See also Journal Article A fiscal stimulus with deep habits and optimal monetary policy, Economics Letters, Elsevier (2012) View citations (9) (2012)
37. Successful Austerity in the United States, Europe and Japan
    IMF Working Papers, International Monetary Fund View citations (203)

2011

38. An Empirical Investigation of US Fiscal Expenditures and Macroeconomic Outcomes
    Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics
    See also Journal Article An empirical investigation of US fiscal expenditures and macroeconomic outcomes, Economics Letters, Elsevier (2012) View citations (3) (2012)
39. Identification of Monetary Policy in SVAR Models: A Data-Oriented Perspective
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (2)
    See also Journal Article Identification of monetary policy in SVAR models: a data-oriented perspective, Empirical Economics, Springer (2013) View citations (7) (2013)
40. Public Debt Targeting An Application to the Caribbean
    IMF Working Papers, International Monetary Fund

2010

41. The Effects of Fiscal Shocks in SVAR Models: A Graphical Modelling Approach
    Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics View citations (10)

2009

42. US Fiscal Indicators, Inflation and Output
    Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics
    See also Journal Article U.S. fiscal indicators, inflation and output, The North American Journal of Economics and Finance, Elsevier (2011) View citations (2) (2011)

Journal Articles

2024

1. MONETARY POLICY UNDER NATURAL DISASTER SHOCKS
   International Economic Review, 2024, 65, (3), 1441-1497 View citations (2)
   See also Working Paper Monetary policy under natural disaster shocks, Temi di discussione (Economic working papers) (2024) View citations (2) (2024)
2. The Euro Area Government Spending Multiplier in Demand‐ and Supply‐Driven Recessions
   Oxford Bulletin of Economics and Statistics, 2024, 86, (6), 1342-1372 View citations (1)
   See also Working Paper The Euro Area Government Spending Multiplier in Demand- and Supply-Driven Recessions?, ECON WPS - Working Papers in Economic Theory and Policy (2023) (2023)

2023

3. Drivers of large recessions and monetary policy responses
   Journal of International Money and Finance, 2023, 137, (C) View citations (1)
   See also Working Paper Drivers of Large Recessions and Monetary Policy Responses, CESifo Working Paper Series (2023) View citations (1) (2023)
4. Macroeconomic outcomes in disaster-prone countries
   Journal of Development Economics, 2023, 161, (C) View citations (16)
   See also Working Paper Macroeconomic Outcomes in Disaster-Prone Countries, IMF Working Papers (2019) View citations (10) (2019)
5. Sectoral labor mobility and optimal monetary policy
   Macroeconomic Dynamics, 2023, 27, (1), 1-26
   See also Working Paper Sectoral Labor Mobility and Optimal Monetary Policy, CESifo Working Paper Series (2020) (2020)

2022

6. Building back better: How big are green spending multipliers?
   Ecological Economics, 2022, 193, (C) View citations (9)
   See also Working Paper Building Back Better: How Big Are Green Spending Multipliers?, IMF Working Papers (2021) View citations (13) (2021)
7. The distributional effects of government spending shocks in developing economies
   Review of Development Economics, 2022, 26, (3), 1574-1599 View citations (8)
   See also Working Paper The Distributional Effects of Government Spending Shocks in Developing Economies, IMF Working Papers (2018) View citations (4) (2018)

2021

8. How loose, how tight? A measure of monetary and fiscal stance for the euro area*
   Oxford Economic Papers, 2021, 73, (4), 1536-1556 View citations (4)
   See also Working Paper How Loose, How Tight? A Measure of Monetary and Fiscal Stance for the Euro Area, IMF Working Papers (2020) View citations (2) (2020)
9. INVESTING IN PUBLIC INFRASTRUCTURE: ROADS OR SCHOOLS?
   Macroeconomic Dynamics, 2021, 25, (7), 1892-1921 View citations (1)
   See also Working Paper Investing in Public Infrastructure: Roads or Schools?, IMF Working Papers (2017) View citations (7) (2017)
10. Macroeconomic impacts of non-resource revenue mobilization in CEMAC
    Applied Economics Letters, 2021, 28, (9), 721-726 View citations (1)
11. The impact of r-g on Euro-Area government spending multipliers
    Journal of International Money and Finance, 2021, 119, (C) View citations (1)
    See also Working Paper The Impact of r-g on the Euro-Area Government Spending Multiplier, IMF Working Papers (2021) View citations (1) (2021)

2020

12. The euro-area government spending multiplier at the effective lower bound
    European Economic Review, 2020, 127, (C) View citations (22)
    See also Working Paper The Euro-Area Government Spending Multiplier at the Effective Lower Bound, IMF Working Papers (2019) View citations (8) (2019)

2019

13. Fiscal buffers, private debt, and recession: The good, the bad and the ugly
    Journal of Macroeconomics, 2019, 62, (C) View citations (14)
    See also Working Paper Fiscal buffers, private debt and recession: the good, the bad and the ugly, Temi di discussione (Economic working papers) (2018) View citations (6) (2018)
14. OPTIMAL FISCAL AND MONETARY POLICY, DEBT CRISIS, AND MANAGEMENT
    Macroeconomic Dynamics, 2019, 23, (3), 1166-1204 View citations (7)
    See also Working Paper Optimal Fiscal and Monetary Policy, Debt Crisis and Management, IMF Working Papers (2017) View citations (11) (2017)

2018

15. LEANING AGAINST WINDY BANK LENDING
    Economic Inquiry, 2018, 56, (1), 460-482 View citations (7)
    See also Working Paper Leaning Against Windy Bank Lending, IMF Working Papers (2017) View citations (1) (2017)
16. Monetary policy and the relative price of durable goods
    Journal of Economic Dynamics and Control, 2018, 86, (C), 1-48 View citations (19)
    See also Working Paper Monetary Policy and the Relative Price of Durable Goods, IMF Working Papers (2017) (2017)

2016

17. Debt sustainability, public investment, and natural resources in developing countries: The DIGNAR model
    Economic Modelling, 2016, 52, (PB), 630-649 View citations (37)
    See also Working Paper Debt Sustainability, Public Investment, and Natural Resources in Developing Countries: the DIGNAR Model, IMF Working Papers (2014) View citations (18) (2014)

2014

18. A Fiscal Stimulus and Jobless Recovery
    Scandinavian Journal of Economics, 2014, 116, (3), 669-701 View citations (17)
    See also Working Paper A Fiscal Stimulus and Jobless Recovery, IMF Working Papers (2013) View citations (5) (2013)
19. Determinants of sovereign bond yield spreads in the EMU: An optimal currency area perspective
    European Economic Review, 2014, 70, (C), 337-349 View citations (70)
    See also Working Paper Determinants of Sovereign Bond Yield Spreads in the EMU. An Optimal Currency Area Perspective, Working Papers (2013) View citations (7) (2013)
20. FISCAL POLICY AND LENDING RELATIONSHIPS
    Economic Inquiry, 2014, 52, (2), 696-712 View citations (15)
    See also Working Paper Fiscal Policy and Lending Relationships, IMF Working Papers (2013) View citations (9) (2013)

2013

21. Identification of monetary policy in SVAR models: a data-oriented perspective
    Empirical Economics, 2013, 45, (2), 831-844 View citations (7)
    See also Working Paper Identification of Monetary Policy in SVAR Models: A Data-Oriented Perspective, School of Economics Discussion Papers (2011) View citations (2) (2011)

2012

22. A fiscal stimulus with deep habits and optimal monetary policy
    Economics Letters, 2012, 117, (1), 348-353 View citations (9)
    See also Working Paper A Fiscal Stimulus with Deep Habits and Optimal Monetary Policy, School of Economics Discussion Papers (2012) View citations (12) (2012)
23. An empirical investigation of US fiscal expenditures and macroeconomic outcomes
    Economics Letters, 2012, 114, (1), 64-68 View citations (3)
    See also Working Paper An Empirical Investigation of US Fiscal Expenditures and Macroeconomic Outcomes, Birkbeck Working Papers in Economics and Finance (2011) (2011)

2011

24. THE EFFECTS OF FISCAL POLICY SHOCKS IN SVAR MODELS: A GRAPHICAL MODELLING APPROACH
    Scottish Journal of Political Economy, 2011, 58, (4), 537-566 View citations (12)
25. U.S. fiscal indicators, inflation and output
    The North American Journal of Economics and Finance, 2011, 22, (3), 221-236 View citations (2)
    See also Working Paper US Fiscal Indicators, Inflation and Output, Birkbeck Working Papers in Economics and Finance (2009) (2009)