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Research Papers

"The Economic Effects of Firm-Level Uncertainty: Evidence Using Subjective Expectations"
Journal of Monetary Economics, 2023 - vol. 140: 92-105,
with F. Scoccianti. Bibtex. IFDP Working Paper version. Press coverage:

"Non-Linear Employment Effects of Tax Policy"
Journal of Money, Credit, and Banking, 2023 - vol. 55(5): 1001-1042,
with D. Ferraro. Bibtex. IFDP Working Paper version.

"Aggregate Dynamics and Microeconomic Heterogeneity: The Role of Vintage Technology"
with F. Scoccianti. Bibtex. (New version)

"Search Frictions, Labor Supply and the Asymmetric Business Cycle"
Journal of Money, Credit, and Banking, 2023 - vol. 55(1): 5-42, with D. Ferraro. Bibtex.

"The Macroeconomic Effects of Carbon Taxes: The Role of Investment and Emission Rates Heterogeneity"
with N. J. Traum. Bibtex.

"Market Reforms at the Zero Lower Bound"
Journal of Money, Credit and Banking, 2021 - vol. 53(4): 745-777, with M. Cacciatore, F. Ghironi, and R. Duval.
The analysis of reforms in the 2016 IMF-World Economic Outlook is based on the results in this paper.
Appendix. IMF Working Paper version. CEPR Working Paper version. NBER Working Paper version. Bibtex.

"The Aging of the Baby Boomers: Demographics and Propagation of Tax Shocks"
American Economic Journal: Macroeconomics
2020 - vol. 12(2): 129, with D. Ferraro. Bibtex.

"Hours and Employment over the Business Cycle: A Structural Analysis"
Review of Economic Dynamics
2020 - vol. 35: 240-262, with M. Cacciatore and N. J. Traum. Appendix. Bibtex. 

"Market Deregulation and Optimal Monetary Policy in a Monetary Union"
Journal of International Economics,
2016 - vol. 99, 120-137, with M. Cacciatore and F. Ghironi.
Appendix. NBER WP version. CEPR DP version. A non-technical note is available here. Bibtex.

"Market Reforms in Time of Imbalance"
Journal of Economic Dynamics and Control,
2016 - vol. 72, 69-93, with M. Cacciatore, R. Duval, and F. Ghironi.
Appendix. NBER WP version. CEPR DP version. Bibtex.

"The Domestic and International Effects of Euro Area Market Reforms"
Research in Economics, 2015 - vol. 69, 555-581, with M. Cacciatore, R. Duval, and F. Ghironi. Bibtex.

"Short-Term Pain for Long-Term Gain? Market Deregulation and Monetary Policy in Small Open Economies"
Journal of International Money and Finance, 2016 - vol. 68, 358-385, with M. Cacciatore, R. Duval, and F. Ghironi.
NBER WP version. CEPR DP version. Bibtex.

"The Macroeconomic Effects of Goods and Labor Markets Deregulation"
Review of Economic Dynamics, 2016 - vol. 20, 1-24 (lead article), with M. Cacciatore. Appendix. Bibtex.

"Employment Effects of Product and Labour Market Reforms: Are there Synergies?"
Economic Journal,
2012 - vol. 122(558), F79-F104, with G. Nicoletti, S. Scarpetta, and F. Schiantarelli.
IZA WP version. Media briefing. Bibtex.

"Lumpiness, Capital Adjustment Costs and Investment Dynamics"
Journal of Monetary Economics,
2012 vol. 58(4), 371-382. Bibtex.


Other Publications

"The Macroeconomics of Regulation".
International Finance,
2015 - vol. 18(3), 343-360, , book review with M. Cacciatore.