Details about Vincenzo Quadrini

Homepage:	http://www-rcf.usc.edu/~quadrini
Phone:	(213) 740-6521
Postal address:	Department of Finance and Business Economics Marshall SChool of Business University of SOuthern California 701 Exposition Boulevard Los Angeles, CA 90089
Workplace:	Department of Finance and Business Economics, Marshall School of Business, University of Southern California, (more information at EDIRC)

Access statistics for papers by Vincenzo Quadrini.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pqu2

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Working Papers

2024

1. Macro-Financial Implications of the Surging Global Demand (and Supply) of International Reserves
   NBER Working Papers, National Bureau of Economic Research, Inc

2023

2. Accounting for the Duality of the Italian Economy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   See also Journal Article Accounting for the Duality of the Italian Economy, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2023) View citations (3) (2023)
3. Unstable Prosperity: How Globalization Made the World Economy More Volatile
   NBER Working Papers, National Bureau of Economic Research, Inc

2019

4. Capitalist Human Capital
   2019 Meeting Papers, Society for Economic Dynamics
5. Commitment and Competition
   2019 Meeting Papers, Society for Economic Dynamics
6. International Spillovers and Bailouts
   Department of Economics Working Papers, Stony Brook University, Department of Economics View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (2)
7. International spillovers and `ex-ante' efficient bailouts
   2019 Meeting Papers, Society for Economic Dynamics View citations (1)
8. Limited Nominal Indexation of Optimal Financial Contracts
   2019 Meeting Papers, Society for Economic Dynamics
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (1)

2018

9. Cyclical Dynamics of Trade Credit with Production Networks
   2018 Meeting Papers, Society for Economic Dynamics

2017

10. Banks Interconnectivity and Leverage
    2017 Meeting Papers, Society for Economic Dynamics
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (2)
    Research Technical Papers, Central Bank of Ireland (2016) View citations (1)

2016

11. Credit and Firm-Level Volatility of Employment
    2016 Meeting Papers, Society for Economic Dynamics
    See also Journal Article Credit and Firm-Level Volatility of Employment, Journal of the European Economic Association, European Economic Association (2018) View citations (4) (2018)
12. Financial integration and the politics of sovereign defaults
    2016 Meeting Papers, Society for Economic Dynamics View citations (4)

2015

13. Bank Liabilities Channel
    2015 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (6)
    See also Journal Article Bank liabilities channel, Journal of Monetary Economics, Elsevier (2017) View citations (21) (2017)

2013

14. Risky Investments with Limited Commitment
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (4)
    Also in 2012 Meeting Papers, Society for Economic Dynamics (2012) View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (5)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (4)

2012

15. Capital Mobility and International Sharing of Cyclical Risk
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article Capital mobility and international sharing of cyclical risk, Journal of Monetary Economics, Elsevier (2013) View citations (16) (2013)
16. Financial Globalization, Inequality, and the Raising of Public Debt
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2012) View citations (44)

2011

17. Financial Markets and Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (69)
18. Financial globalization and the raising of public debt
    2011 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in Working Papers, Towson University, Department of Economics (2011) View citations (2)
19. International Recessions
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (44)
    Also in 2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (3)
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (30)
    Staff Report, Federal Reserve Bank of Minneapolis (2011) View citations (43)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (44)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (53)
    See also Journal Article International Recessions, American Economic Review, American Economic Association (2018) View citations (43) (2018)

2010

20. Financial Globalization, Financial Crises and Contagion
    2010 Meeting Papers, Society for Economic Dynamics View citations (128)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (16)
    See also Journal Article Financial globalization, financial crises and contagion, Journal of Monetary Economics, Elsevier (2010) View citations (137) (2010)

2009

21. Macroeconomic Effects of Financial Shocks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (59)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (55)
    See also Journal Article Macroeconomic Effects of Financial Shocks, American Economic Review, American Economic Association (2012) View citations (588) (2012)
22. On the Macroeconomic Effects of Credit Shocks
    2009 Meeting Papers, Society for Economic Dynamics
23. Real Effects of Price Stability with Endogenous Nominal Indexation
    Staff Working Papers, Bank of Canada View citations (4)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (4)

2008

24. Competition, Human Capital and Income Inequality with Limited Commitment
    Economics Working Papers, European University Institute
    See also Journal Article Competition, human capital and income inequality with limited commitment, Journal of Economic Theory, Elsevier (2011) View citations (19) (2011)
25. Understanding the international great moderation
    2008 Meeting Papers, Society for Economic Dynamics View citations (10)

2007

26. Financial Innovations and Macroeconomic Volatility
    2007 Meeting Papers, Society for Economic Dynamics View citations (8)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (81)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (91)
    See also Journal Article Financial innovations and macroeconomic volatility, Proceedings, Federal Reserve Bank of San Francisco (2006) View citations (68) (2006)
27. Financial Integration, Financial Deepness and Global Imbalances
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (133)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (117)
28. On the Welfare Implications of Financial Globalization without Financial Development
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (59)
    See also Chapter On the Welfare Implications of Financial Globalization without Financial Development, NBER Chapters, National Bureau of Economic Research, Inc (2009) View citations (9) (2009)

2006

29. Capital markets liberalization and global imbalances
    2006 Meeting Papers, Society for Economic Dynamics
30. Competition, Innovation and Growth with Limited Commitment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (11)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) View citations (1)
    Working Papers, Barcelona School of Economics (2005) View citations (1)

2005

31. Borrowing from Employees: Wage Dynamics with Financial Constraints
    Working Papers, CEMFI View citations (30)
    See also Journal Article Borrowing from Employees: Wage Dynamics with Financial Constraints, Journal of the European Economic Association, MIT Press (2005) View citations (27) (2005)
32. Competition, Innovation and Growth with Limited Enforcement
    2005 Meeting Papers, Society for Economic Dynamics
33. Financial Development and Macroeconomic Stability
    2005 Meeting Papers, Society for Economic Dynamics View citations (2)
34. Financial Markets and Wages
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (7)
    2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (13)
    See also Journal Article Financial Markets and Wages, The Review of Economic Studies, Review of Economic Studies Ltd (2009) View citations (48) (2009)

2004

35. Aggregate Consequences of Limited Contract Enforceability
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (236)
    Also in Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2003) View citations (6)
    Working Papers, Barcelona School of Economics (2003) View citations (4)
    NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (29)
    See also Journal Article Aggregate Consequences of Limited Contract Enforceability, Journal of Political Economy, University of Chicago Press (2004) View citations (213) (2004)
36. Endogenous Market Incompleteness with Investment Risks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article Endogenous market incompleteness with investment risks, Journal of Economic Dynamics and Control, Elsevier (2006) View citations (21) (2006)
37. Uninsurable Investment Risk
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (3)
    Also in Staff Working Papers, Bank of Canada (2004) View citations (3)

2002

38. Common Currencies versus Monetary Independence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
39. Data Appendix to The Great Depression in Italy: Trade Restrictions and Real Wage Rigidities
    Online Appendices, Review of Economic Dynamics View citations (19)
    See also Journal Article The Great Depression in Italy: Trade Restrictions and Real Wage Rigidities, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2002) View citations (39) (2002)
40. Stock Market Boom and the Productivity Gains of the 1990s
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article Stock market boom and the productivity gains of the 1990s, Journal of Monetary Economics, Elsevier (2007) View citations (55) (2007)

2000

41. THE WELFARE COST OF MARKET INCOMPLETENESS: OPTIMAL FINANCIAL CONTRACTS WITH NON-ENFORCEABILITY CONSTRAINTS
    Computing in Economics and Finance 2000, Society for Computational Economics
    Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000)

1999

42. Financial Markets and Firm Dynamics
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (9)
    See also Journal Article Financial Markets and Firm Dynamics, American Economic Review, American Economic Association (2001) View citations (381) (2001)
43. Optimal Time-Consistent Monetary Policy in a Phillips Curve World
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (1)

1997

44. Entrepreneurship, saving and social mobility
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (52)
    See also Journal Article Entrepreneurship, Saving and Social Mobility, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2000) View citations (381) (2000)

Journal Articles

2023

1. Accounting for the Duality of the Italian Economy
   Review of Economic Dynamics, 2023, 50, 267-290 View citations (3)
   See also Working Paper Accounting for the Duality of the Italian Economy, NBER Working Papers (2023) View citations (3) (2023)

2020

2. The twenty-fifth anniversary of "Frontiers of business cycle research"
   Review of Economic Dynamics, 2020, 37 Supplement 1, S1-S7

2018

3. Credit and Firm-Level Volatility of Employment
   Journal of the European Economic Association, 2018, 16, (5), 1433-1475 View citations (4)
   See also Working Paper Credit and Firm-Level Volatility of Employment, 2016 Meeting Papers (2016) (2016)
4. International Recessions
   American Economic Review, 2018, 108, (4-5), 935-84 View citations (43)
   See also Working Paper International Recessions, IMES Discussion Paper Series (2011) View citations (44) (2011)

2017

5. Bank liabilities channel
   Journal of Monetary Economics, 2017, 89, (C), 25-44 View citations (21)
   See also Working Paper Bank Liabilities Channel, 2015 Meeting Papers (2015) View citations (1) (2015)
6. The external risks of financial integration for emerging economies
   Revista ESPE - Ensayos Sobre Política Económica, 2017, 35, (82), 18-24
   Also in Revista ESPE - Ensayos sobre Política Económica, 2017, 35, (82), 18-24 (2017)

2014

7. Financial Globalization, Inequality, and the Rising Public Debt
   American Economic Review, 2014, 104, (8), 2267-2302 View citations (105)

2013

8. Capital mobility and international sharing of cyclical risk
   Journal of Monetary Economics, 2013, 60, (1), 42-62 View citations (16)
   See also Working Paper Capital Mobility and International Sharing of Cyclical Risk, NBER Working Papers (2012) View citations (1) (2012)
9. Imbalances and Policies
   International Journal of Central Banking, 2013, 9, (2), 89-100

2012

10. Erratum: Macroeconomic Effects of Financial Shocks
    American Economic Review, 2012, 102, (2), 1186-1186 View citations (487)
11. Macroeconomic Effects of Financial Shocks
    American Economic Review, 2012, 102, (1), 238-71 View citations (588)
    See also Working Paper Macroeconomic Effects of Financial Shocks, NBER Working Papers (2009) View citations (59) (2009)

2011

12. Competition, human capital and income inequality with limited commitment
    Journal of Economic Theory, 2011, 146, (3), 976-1008 View citations (19)
    See also Working Paper Competition, Human Capital and Income Inequality with Limited Commitment, Economics Working Papers (2008) (2008)
13. Financial frictions in macroeconomic fluctations
    Economic Quarterly, 2011, 97, (3Q), 209-254 View citations (73)

2010

14. Financial globalization, financial crises and contagion
    Journal of Monetary Economics, 2010, 57, (1), 24-39 View citations (137)
    See also Working Paper Financial Globalization, Financial Crises and Contagion, 2010 Meeting Papers (2010) View citations (128) (2010)

2009

15. Comment on: "Politico economic consequences of raising wage inequality" by Corbae, D'Erasmo and Kuruscu
    Journal of Monetary Economics, 2009, 56, (1), 62-65
16. Entrepreneurship in macroeconomics
    Annals of Finance, 2009, 5, (3), 295-311 View citations (51)
17. Financial Integration, Financial Development, and Global Imbalances
    Journal of Political Economy, 2009, 117, (3), 371-416 View citations (337)
18. Financial Markets and Wages
    The Review of Economic Studies, 2009, 76, (2), 795-827 View citations (48)
    See also Working Paper Financial Markets and Wages, CEPR Discussion Papers (2005) View citations (6) (2005)

2007

19. Public Employment and the Business Cycle
    Scandinavian Journal of Economics, 2007, 109, (4), 723-742 View citations (83)
20. Stock market boom and the productivity gains of the 1990s
    Journal of Monetary Economics, 2007, 54, (2), 413-432 View citations (55)
    See also Working Paper Stock Market Boom and the Productivity Gains of the 1990s, NBER Working Papers (2002) View citations (9) (2002)

2006

21. Endogenous market incompleteness with investment risks
    Journal of Economic Dynamics and Control, 2006, 30, (11), 2143-2165 View citations (21)
    See also Working Paper Endogenous Market Incompleteness with Investment Risks, CEPR Discussion Papers (2004) View citations (6) (2004)
22. Financial innovations and macroeconomic volatility
    Proceedings, 2006, (Nov) View citations (68)
    See also Working Paper Financial Innovations and Macroeconomic Volatility, 2007 Meeting Papers (2007) View citations (8) (2007)
23. Monetary policy and the financial decisions of firms
    Economic Theory, 2006, 27, (1), 243-270 View citations (62)

2005

24. Borrowing from Employees: Wage Dynamics with Financial Constraints
    Journal of the European Economic Association, 2005, 3, (2-3), 360-369 View citations (27)
    See also Working Paper Borrowing from Employees: Wage Dynamics with Financial Constraints, Working Papers (2005) View citations (30) (2005)
25. Optimal Time-Consistent Taxation with International Mobility Of Capital
    The B.E. Journal of Macroeconomics, 2005, 5, (1), 36 View citations (46)
26. Policy commitment and the welfare gains from capital market liberalization
    European Economic Review, 2005, 49, (8), 1927-1951 View citations (19)

2004

27. Aggregate Consequences of Limited Contract Enforceability
    Journal of Political Economy, 2004, 112, (4), 817-847 View citations (213)
    See also Working Paper Aggregate Consequences of Limited Contract Enforceability, CEPR Discussion Papers (2004) View citations (236) (2004)
28. EconomicDynamics Interviews Vincenzo Quadrini on Firm Dynamics
    EconomicDynamics Newsletter, 2004, 5, (2)
29. Investment and liquidation in renegotiation-proof contracts with moral hazard
    Journal of Monetary Economics, 2004, 51, (4), 713-751 View citations (94)
30. Optimal monetary policy in a Phillips-curve world
    Journal of Economic Theory, 2004, 118, (2), 174-208 View citations (31)

2003

31. Common Currencies vs. Monetary Independence
    The Review of Economic Studies, 2003, 70, (4), 785-806 View citations (51)

2002

32. The Great Depression in Italy: Trade Restrictions and Real Wage Rigidities
    Review of Economic Dynamics, 2002, 5, (1), 128-151 View citations (39)
    See also Working Paper Data Appendix to The Great Depression in Italy: Trade Restrictions and Real Wage Rigidities, Online Appendices (2002) View citations (19) (2002)
33. Updated facts on the U.S. distributions of earnings, income, and wealth
    Quarterly Review, 2002, 26, (Sum), 2-35 View citations (107)

2001

34. Financial Markets and Firm Dynamics
    American Economic Review, 2001, 91, (5), 1286-1310 View citations (381)
    See also Working Paper Financial Markets and Firm Dynamics, Working Papers (1999) View citations (9) (1999)
35. Monetary shocks, agency costs and business cycle a comment
    Carnegie-Rochester Conference Series on Public Policy, 2001, 54, (1), 29-35 View citations (1)
36. The Cost of Losing Monetary Independence: The Case of Mexico
    Journal of Money, Credit and Banking, 2001, 33, (2), 370-97 View citations (18)
    Also in Proceedings, 2001, 370-403 (2001) View citations (36)

2000

37. Entrepreneurship, Saving and Social Mobility
    Review of Economic Dynamics, 2000, 3, (1), 1-40 View citations (381)
    See also Working Paper Entrepreneurship, saving and social mobility, Discussion Paper / Institute for Empirical Macroeconomics (1997) View citations (52) (1997)

1999

38. A neoclassical model of the Phillips curve relation
    Journal of Monetary Economics, 1999, 44, (2), 165-193 View citations (146)
39. Growth, learning and redistributive policies
    Journal of Public Economics, 1999, 74, (2), 263-297 View citations (10)
40. THE IMPORTANCE OF ENTREPRENEURSHIP FOR WEALTH CONCENTRATION AND MOBILITY
    Review of Income and Wealth, 1999, 45, (1), 1-19 View citations (224)

1997

41. Dimensions of inequality: facts on the U.S. distributions of earnings, income, and wealth
    Quarterly Review, 1997, 21, (Spr), 3-21 View citations (71)
42. Politico-economic equilibrium and economic growth
    Journal of Economic Dynamics and Control, 1997, 21, (1), 243-272 View citations (195)
43. Understanding the U.S. distribution of wealth
    Quarterly Review, 1997, 21, (Spr), 22-36 View citations (57)

1996

44. Are consumption taxes really better than income taxes?
    Journal of Monetary Economics, 1996, 37, (3), 475-503 View citations (89)

Chapters

2019

1. Interest Rate Policies, Banking and the Macroeconomy
   Chapter 08 in Monetary Policy and Financial Stability: Transmission Mechanisms and Policy Implications, 2019, vol. 26, pp 249-281

2009

2. On the Welfare Implications of Financial Globalization without Financial Development
   A chapter in NBER International Seminar on Macroeconomics 2007, 2009, pp 283-312 View citations (9)
   See also Working Paper On the Welfare Implications of Financial Globalization without Financial Development, National Bureau of Economic Research, Inc (2007) View citations (59) (2007)

Editor

1. Computer Codes
   Review of Economic Dynamics
2. EconomicDynamics Newsletter
   Review of Economic Dynamics
3. Online Appendices
   Review of Economic Dynamics
4. Review of Economic Dynamics
   Elsevier for the Society for Economic Dynamics