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Research Blog
The Global Transmission of U.S. Monetary Policy
New Working Paper (Sep 2024) US monetary policy impacts global economic conditions, with tightenings causing recessions worldwide. We...
A. Ellahie, G. Ricco - Government Purchases Reloaded: Informational Insufficiency and Heterogeneity
Download [PDF] [Online Appendix] Journal of Monetary Economics Volume 90, October 2017, Pages 13-27 [Link] Abstract: Using a large...
G. Ricco -Â A New Identification of Fiscal Shocks Based on the Information Flow
Download [PDF] [ECB wp Series] Abstract: Can discretionary increases in government spending stimulate the economy? We answer this...
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