Details about Alessandro Notarpietro

Access statistics for papers by Alessandro Notarpietro.

Last updated 2024-12-23. Update your information in the RePEc Author Service.

Short-id: pno197

Working Papers

2024

1. Challenges for monetary and fiscal policy interactions in the post-pandemic era
   Occasional Paper Series, European Central Bank View citations (2)
2. Credit strikes back: the macroeconomic impact of the 2022-23 ECB monetary tightening and the role of lending rates
   Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area
3. The macroeconomic effects of reducing a central bank monetary policy portfolio: a model-based evaluation
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area

2023

4. Approaching the terminal rate and the way forward: a model-based analysis
   Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area
5. Monetary and fiscal policy responses to fossil fuel price shocks
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area
   See also Journal Article Monetary and fiscal policy responses to fossil fuel price shocks, Energy Economics, Elsevier (2024) (2024)
6. Monetary policy tightening in response to uncertain stagflationary shocks: a model-based analysis
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area

2022

7. "Green" fiscal policy measures and non-standard monetary policy in the euro area
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (5)
   See also Journal Article “Green” fiscal policy measures and nonstandard monetary policy in the euro area, Economic Modelling, Elsevier (2024) (2024)
8. Macroeconomic effects of growth-enhancing measures in the euro area
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area
9. Make-up strategies and exchange rate pass-through in a low-interest-rate environment
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area
10. Monetary policy in the open economy with digital currencies
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (6)

2021

11. Inflation expectations in the euro area: indicators, analyses and models used at Banca d’Italia
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area View citations (8)
12. Review of macroeconomic modelling in the Eurosystem: current practices and scope for improvement
    Occasional Paper Series, European Central Bank View citations (3)
13. Revisiting monetary policy objectives and strategies: international experience and challenges from the ELB
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area View citations (2)

2020

14. Monetary policy strategies in the New Normal: a model-based analysis for the euro area
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (9)
    See also Journal Article Monetary policy strategies in the New Normal: A model-based analysis for the euro area, Journal of Macroeconomics, Elsevier (2021) View citations (11) (2021)
15. Protectionism and the effective lower bound in the euro area
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (1)
16. The COVID-19 shock and a fiscal-monetary policy mix in a monetary union
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (7)
    See also Chapter Covid-19 Shock and Fiscal-Monetary Policy Mix in a Monetary Union, Springer Proceedings in Business and Economics, Springer (2022) (2022)
17. The effects of structural reforms: Evidence from Italy
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (3)

2019

18. Capital and public investment in Italy: macroeconomic effects, measurement and regulatory weaknesses
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area View citations (1)
19. Fiscal devaluation and labour market frictions in a monetary union
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (1)
    See also Journal Article Fiscal devaluation and labor market frictions in a monetary union, Economic Modelling, Elsevier (2021) View citations (4) (2021)
20. Non-standard monetary policy measures in the new normal
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (5)

2018

21. Exchange rate pass-through into euro area inflation. An estimated structural model
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (7)
22. Macroeconomic effects of an open-ended Asset Purchase Programme
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (4)
    See also Journal Article Macroeconomic effects of an open-ended asset purchase programme, Journal of Policy Modeling, Elsevier (2019) View citations (11) (2019)

2017

23. Macroeconomic effects of non-standard monetary policy measures in the euro area: the role of corporate bond purchases
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (11)
    See also Journal Article Macroeconomic Effects of Non‐Standard Monetary Policy Measures in the Euro Area: The Role of Corporate Bond Purchases, Manchester School, University of Manchester (2021) View citations (4) (2021)
24. 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)
25. Secular stagnation, R&D, public investment and monetary policy: a global-model perspective
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (14)
    See also Journal Article SECULAR STAGNATION, R&D, PUBLIC INVESTMENT, AND MONETARY POLICY: A GLOBAL-MODEL PERSPECTIVE, Macroeconomic Dynamics, Cambridge University Press (2021) View citations (5) (2021)

2016

26. An inquiry into the determinants of the profitability of Italian banks
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area View citations (15)
27. Macroeconomic effectiveness of non-standard monetary policy and early exit. A model-based evaluation
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (4)
    See also Journal Article Macroeconomic effectiveness of non-standard monetary policy and early exit. A model-based evaluation, International Finance, Wiley Blackwell (2017) View citations (8) (2017)
28. Non-standard monetary policy, asset prices and macroprudential policy in a monetary union
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (11)
    See also Journal Article Non-standard monetary policy, asset prices and macroprudential policy in a monetary union, Journal of International Money and Finance, Elsevier (2018) View citations (22) (2018)
29. The evolution of bad debts in Italy during the global financial crisis and the sovereign debt crisis: a counterfactual analysis
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area View citations (11)

2015

30. 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)
31. Inflation, financial conditions and non-standard monetary policy in a monetary union. A model-based evaluation
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (16)
32. Medium-term forecasting of euro-area macroeconomic variables with DSGE and BVARX models
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area
33. Structural reforms and zero lower bound in a monetary union
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (23)
34. The macroeconomic effects of low and falling inflation at the zero lower bound
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (5)

2014

35. Inflation, debt and the zero lower bound
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area View citations (10)
36. Macroeconomic effects of simultaneous implementation of reforms after the crisis
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (8)
37. Optimal monetary policy rules and house prices: the role of financial frictions
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area
    See also Journal Article Optimal Monetary Policy Rules and House Prices: The Role of Financial Frictions, Journal of Money, Credit and Banking, Blackwell Publishing (2015) View citations (26) (2015)
38. 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

39. 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

40. Banks� balance sheets and the macroeconomy in the Bank of Italy Quarterly Model
    Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area View citations (1)
41. Euro area and global oil shocks: an empirical model-based analysis
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (12)

2008

42. Monetary policy and housing prices in an estimated DSGE for the US and the euro area
    Working Paper Series, European Central Bank View citations (68)

Journal Articles

2024

1. Monetary and fiscal policy responses to fossil fuel price shocks
   Energy Economics, 2024, 136, (C)
   See also Working Paper Monetary and fiscal policy responses to fossil fuel price shocks, Temi di discussione (Economic working papers) (2023) (2023)
2. “Green” fiscal policy measures and nonstandard monetary policy in the euro area
   Economic Modelling, 2024, 136, (C)
   See also Working Paper "Green" fiscal policy measures and non-standard monetary policy in the euro area, Temi di discussione (Economic working papers) (2022) View citations (5) (2022)

2023

3. Non‐standard monetary policy measures in non‐normal times
   International Finance, 2023, 26, (1), 19-35

2021

4. Fiscal devaluation and labor market frictions in a monetary union
   Economic Modelling, 2021, 97, (C), 135-156 View citations (4)
   See also Working Paper Fiscal devaluation and labour market frictions in a monetary union, Temi di discussione (Economic working papers) (2019) View citations (1) (2019)
5. Macroeconomic Effects of Non‐Standard Monetary Policy Measures in the Euro Area: The Role of Corporate Bond Purchases
   Manchester School, 2021, 89, (S1), 97-130 View citations (4)
   See also Working Paper Macroeconomic effects of non-standard monetary policy measures in the euro area: the role of corporate bond purchases, Temi di discussione (Economic working papers) (2017) View citations (11) (2017)
6. Monetary policy strategies in the New Normal: A model-based analysis for the euro area
   Journal of Macroeconomics, 2021, 70, (C) View citations (11)
   See also Working Paper Monetary policy strategies in the New Normal: a model-based analysis for the euro area, Temi di discussione (Economic working papers) (2020) View citations (9) (2020)
7. SECULAR STAGNATION, R&D, PUBLIC INVESTMENT, AND MONETARY POLICY: A GLOBAL-MODEL PERSPECTIVE
   Macroeconomic Dynamics, 2021, 25, (5), 1267-1287 View citations (5)
   See also Working Paper Secular stagnation, R&D, public investment and monetary policy: a global-model perspective, Temi di discussione (Economic working papers) (2017) View citations (14) (2017)

2019

8. Collateral constraints, the zero lower bound, and the debt–deflation mechanism
   Economics Letters, 2019, 174, (C), 144-148 View citations (2)
9. Macroeconomic effects of an open-ended asset purchase programme
   Journal of Policy Modeling, 2019, 41, (6), 1144-1159 View citations (11)
   See also Working Paper Macroeconomic effects of an open-ended Asset Purchase Programme, Temi di discussione (Economic working papers) (2018) View citations (4) (2018)

2018

10. Non-standard monetary policy, asset prices and macroprudential policy in a monetary union
    Journal of International Money and Finance, 2018, 88, (C), 25-53 View citations (22)
    See also Working Paper Non-standard monetary policy, asset prices and macroprudential policy in a monetary union, Temi di discussione (Economic working papers) (2016) View citations (11) (2016)
11. The sovereign crisis and Italy’s potential output
    Journal of Policy Modeling, 2018, 40, (2), 418-433 View citations (4)

2017

12. Macroeconomic effectiveness of non-standard monetary policy and early exit. A model-based evaluation
    International Finance, 2017, 20, (2), 155-173 View citations (8)
    See also Working Paper Macroeconomic effectiveness of non-standard monetary policy and early exit. A model-based evaluation, Temi di discussione (Economic working papers) (2016) View citations (4) (2016)

2016

13. Macroeconomic Effects of Simultaneous Implementation of Reforms
    International Finance, 2016, 19, (1), 42-65 View citations (3)

2015

14. Euro area, oil and global shocks: An empirical model-based analysis
    Journal of Macroeconomics, 2015, 46, (C), 295-314 View citations (19)
15. Optimal Monetary Policy Rules and House Prices: The Role of Financial Frictions
    Journal of Money, Credit and Banking, 2015, 47, (S1), 383-410 View citations (26)
    See also Working Paper Optimal monetary policy rules and house prices: the role of financial frictions, Temi di discussione (Economic working papers) (2014) (2014)
16. Structural Reforms, Investment and Zero Lower Bound in a Monetary Union
    Manchester School, 2015, 83, 120-139 View citations (21)

Chapters

2022

1. Covid-19 Shock and Fiscal-Monetary Policy Mix in a Monetary Union
   Springer
   See also Working Paper The COVID-19 shock and a fiscal-monetary policy mix in a monetary union, Bank of Italy, Economic Research and International Relations Area (2020) View citations (7) (2020)