Search Results - "Ropele, Tiziano"

Inflation Expectations and Firm Decisions: New Causal Evidence by Coibion, Olivier, Gorodnichenko, Yuriy, Ropele, Tiziano

“…Abstract We use a unique design feature of a survey of Italian firms to study the causal effect of inflation expectations on firms’ economic decisions. In the…”
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Trend Inflation, Taylor Principle, and Indeterminacy by ASCARI, GUIDO, ROPELE, TIZIANO

“…Positive trend inflation shrinks the determinacy region of a basic New Keynesian dynamic stochastic general equilibrium model when monetary policy is conducted…”
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Optimal monetary policy under low trend inflation by Ascari, Guido, Ropele, Tiziano

“…In the monetary policy literature it is common to assume that trend inflation is zero, despite overwhelming evidence that zero inflation is neither empirically…”
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ITER: A Quarterly Indicator of Regional Economic Activity in Italy by Di Giacinto, Valter, Monteforte, Libero, Filippone, Andrea, Montaruli, Francesco, Ropele, Tiziano

“…This work documents the construction of the new quarterly indicator of regional economic activity ( Indicatore Trimestrale dell’Economia Regionale —ITER),…”
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Perceived economic effects of the war in Ukraine: survey-based evidence from Italian firms by Ropele, Tiziano, Tagliabracci, Alex

“…Using data from an Italian business survey and a quasi-experimental analysis, we document the effects of the Russian invasion of Ukraine on firms'…”
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Disinflationary shocks and inflation target uncertainty by Neri, Stefano, Ropele, Tiziano

“…In New Keynesian models favourable cost-push shocks lower inflation and increase output. Yet, when the central bank’s inflation target is not perfectly…”
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The Role of Fiscal Policy in a Monetary Union: are National Automatic Stabilizers Effective? by Colciago, Andrea, Ropele, Tiziano, Muscatelli, V. Anton, Tirelli, Patrizio

“…We assess the role of national fiscal policies, as automatic stabilizers, within a monetary union. We use a two‐country New Keynesian DSGE model, incorporating…”
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The management of interest rate risk during the crisis: Evidence from Italian banks by Esposito, Lucia, Nobili, Andrea, Ropele, Tiziano

“…We use a unique dataset to analyze how Italian banking groups managed their exposure to interest rate risk during the recent financial crisis. First of all, we…”
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The impact of the sovereign debt crisis on the activity of Italian banks by Albertazzi, Ugo, Ropele, Tiziano, Sene, Gabriele, Signoretti, Federico Maria

“…We examine the implications of the sovereign debt tensions on the Italian credit market by estimating the effect of the 10-year BTP-Bund spread on a wide array…”
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Disinflation effects in a medium-scale New Keynesian model: Money supply rule versus interest rate rule by Ascari, Guido, Ropele, Tiziano

“…Empirical studies show that successful disinflations entail a period of output contraction. Using a medium-scale New Keynesian model, we compare the effects of…”
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Imperfect Information, Real-Time Data and Monetary Policy in the Euro Area by Neri, Stefano, Ropele, Tiziano

“…An important concern for the European Central Bank (ECB), and all central banks alike, is the necessity of making decisions in real-time under conditions of…”
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Sacrifice Ratio in a Medium-Scale New Keynesian Model by ASCARI, GUIDO, ROPELE, TIZIANO

“…A medium-scale macroeconomic model, with a number of nominal and real frictions that have been shown to be important for explaining observed aggregate…”
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Disinflation in a DSGE perspective: Sacrifice ratio or welfare gain ratio? by Ascari, Guido, Ropele, Tiziano

“…When used to examine disinflation monetary policies, the current workhorse dynamic stochastic general equilibrium model of business cycle fluctuations is able…”
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Tell Me Something I Don't Already Know: Learning in Low and High-Inflation Settings. Working Paper 31485 by Weber, Michael, Candia, Bernardo, Ropele, Tiziano, Lluberas, Rodrigo, Frache, Serafin, Meyer, Brent H, Kumar, Saten, Gorodnichenko, Yuriy, Georgarakos, Dimitris, Coibion, Olivier, Kenny, Geoff, Ponce, Jorge

“…Using randomized control trials (RCTs) applied over time in different countries, we study how the economic environment affects how agents learn from new…”
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