|
Assistant Professor of Economics
Ph.D. Princeton University
Email:
Personal Homepage: http://homepages.nyu.edu/~pb50/
Research Interests: International Finance, Monetary Theory, Macroeconomics
Selected Works:
“Comment” on “Equilibrium Yields” by Monika Piazzesi and Martin Schneider, in D. Acemoglou, K. Rogoff and M. Woodford, eds., NBER Macroeconomics Annual 2006, vol. 21, Cambridge (US): MIT Press, forthcoming. Version July 2006.
“Interest Rate Rules for Fixed Exchange Rate Regimes,” Journal of Economic Dynamics and Control forthcoming.Version April 2006. (with G. Benigno and F. Ghironi.)
“ Optimal Inflation Targeting Under Alternative Fiscal Regimes, ” in K. Schmidt-Hebbel, F. Mishkin (eds.) Monetary Policy Under Inflation Targeting, Chile: Central Bank of Chile, forthcoming. Version April 2006: NBER Working Paper No. 12158. (with M. Woodford.)
“Comment” on “Fiscal Externalities and Optimal Taxation in an Economic Community” by Marianne Baxter and Robert King, NBER International Seminar On Macroeconomics, forthcoming. Version November 2005.
“ Implementing International Monetary Cooperation through Inflation Targeting, ” Macroeconomic Dynamics, forthcoming. Version October 2005. (with G. Benigno.)
“Optimal Taxation in an RBC Model: A Linear Quadratic Approach,” Journal of Economic Dynamics and Control , Volume 30, Issue 9-10, Pages 1445-1489, (2006). (with M. Woodford.)
“Comment” on “How Important Are Nontradable Goods Prices as Sources of Cyclical Fluctuations in Real Exchange Rates?” by Ariel Burstein, Martin Eichenbaum and Sergio Rebelo, Japan and the World Economy, Volume 18, Issue 3, Pages 254-260, (2006).
“Designing Targeting Rules for International Monetary Policy Cooperation,” Journal of Monetary Economics , Volume 53, Issue 3 , Pages 473-506, (2006). (with G. Benigno.) Technical Appendix available.
“Inflation Persistence and Optimal Monetary Policy in the Euro Area,” Journal of Money Credit and Banking, Volume 38, Number 3, pp. 587-614, (2006). Version September 2002: European Central Bank Working Paper No. 178. (with D. Lopez-Salido.)
“Optimal Stabilization Policy When Wages and Prices Are Sticky: The Case of a Distorted Steady State,” in J. Faust, A. Orphanides, and D. Reifschneider (eds.), Models and Monetary Policy: Research in the Tradition of Dale Henderson, Richard Porter, and Peter Tinsley, Federal Reserve Board , Washington, forthcoming. Version October 2004: NBER Working Paper 10839. (with M. Woodford.)
“ Long-run Determinants of Inflation Differentials in a Currency Area”, Moneda y Credito, 220: 205-247, (2005). Version July 2005: NBER Working Paper No. 11473. (with F. Altissimo and D. Rodriguez Palenzuela.)
“Inflation Stabilization and Welfare: The Case of a Distorted Steady State,” Journal of the European Economic Association, 3(6): 1-52, (2005). May 2004 Draft contains generalizations that have been suppressed in later drafts. (with M. Woodford.)
“Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach,” in M. Gertler and K. Rogoff, eds., NBER Macroeconomics Annual 2003, vol. 18, Cambridge (US): MIT Press, August 2004, Pages 271-333, (2004). Version September 2003, ECB Working Paper No. 345. (with M. Woodford.)
“Optimal Monetary Policy in a Currency Area,” Journal of International Economics, Volume 63, Issue 2, July 2004, Pages 293-320, (2004). Technical Appendix, and CEPR Discussion Paper version No. 2755.
“High Public Debt in Currency Crises: Fundamentals versus Signalling Effects,” Journal of International Money and Finance, Volume 23, Issue 2, March 2004, Pages 165-188, (2004). (with A.Missale.)
“An Evaluation of Alternative Targeting Rules for the ECB,” in R. Beetsma, C. Favero, A. Missale, V. A. Muscatelli, P. Natale and P. Tirelli, eds., Monetary Policy, Fiscal Policies and Labour Markets. Macroeconomic Policymaking in the EMU, Cambridge (UK): Cambridge University Press, (2004). (with D. Lopez-Salido.)
“Price Stability in Open Economies,” Review of Economic Studies, Vol. 70(4) No. 245, pp. 743-764, (2003). (with G. Benigno.)
“ How is the Debt Managed? Learning from Fiscal Stabilizations,” Scandinavian Journal of Economics, vol. 104, no. 3, pp. 443-469, (2002). (with F. Giavazzi and A. Missale.)
“A Simple Approach to International Monetary Policy Coordination,” Journal of International Economics, Volume 57, Issue 1, June 2002, Pages 177-196, (2002),
 Update your faculty profile
 Back to Top
|
