Publications
"Expectational Data in DSGE Models " , forthcoming, Handbook of Economic Expectations [33] "Heterogeneity in Individual Expectations, Sentiment, and Constant-Gain Learning " [link Journal of Economic Behavior & Organization [32] "Heterogeneous Expectations, Indeterminacy, and Postwar US Business Cycles " [link Journal of Macroeconomics [31] "Perceived Uncertainty Shocks, Excess Optimism-Pessimism, and Learning in the Business Cycle " [link Journal of Economic Behavior & Organization [30]
"COVID-19 Outbreak, Social Response, and Early Economic Effects: A Global VAR Analysis of Cross-Country Interdependencies " [link Journal of Population Economics [29]
"Observed Expectations, News Shocks, and the Business Cycle " [link Research in Economics [28]
"Bounded Rationality, Monetary Policy, and Macroeconomic Stability " [link Economics Letters [27]
"Learning and the Evolution of the Fed's Inflation Target " [link Macroeconomic Dynamics [26]
"Expectations and Macro-Housing Interactions in a Small Open Economy: Evidence from Korea " [link Open Economies Review [25]
"Sentiment and the U.S. Business Cycle " [link Journal of Economic Dynamics and Control [24]
"Learning About the Interdependence Between the Macroeconomy and the Stock Market " [link International Review of Economics & Finance [23]
"The Misspecification of Expectations in New Keynesian Models: a DSGE-VAR Approach " [link Macroeconomic Dynamics [22]
"The Effects of Globalization on Macroeconomic Dynamics in a Trade-Dependent Economy: the Case of Korea " [link Economic Modelling [21]
"Learning and Time-Varying Macroeconomic Volatility " [link Journal of Economic Dynamics and Control [20]
"The Modeling of Expectations in Empirical DSGE Models: a Survey " [link Advances in Econometrics [19]
"Expectation Formation and Monetary DSGE Models:
Beyond the Rational Expectations Paradigm " [link Advances in Econometrics [18] "The Effects of Monetary Policy "News" and "Surprises" " [link Journal of Money, Credit and Banking [17] "Expectation Shocks and Learning as Drivers of the Business Cycle " [link non-technical summary Economic Journal [16] "The Impact of Foreign Stock Markets on
Macroeconomic Dynamics in Open Economies: a Structural Estimation " [link Journal of International Money and Finance [15] "Has Globalization Transformed U.S.
Macroeconomic Dynamics? " [link Macroeconomic Dynamics [14] "Global Slack and Domestic Inflation Rates: A Structural Investigation for G-7 Countries " [link Journal of Macroeconomics [13] "Public Option and Private Profits: What do Markets Expect? " [link Applied Health Economics and Health Policy [12] "Expectations, Learning, and the Changing Relationship between Oil Prices and the Macroeconomy " [link Energy Economics [11] "Has Global Slack Become More Important than Domestic Slack in Determining U.S. Inflation? " [link Economics Letters [10] "Political Business Cycles in the New Keynesian Model " [link Economic Inquiry [9] "Adaptive Learning and Macroeconomic Inertia in the Euro Area " [link Journal of Common Market Studies [8] "Learning, Monetary Policy Rules, and Macroeconomic Stability " [link Journal of Economic Dynamics and Control [7] "Monetary Policy with a Wider Information Set: a Bayesian Model Averaging Approach " [link Scottish Journal of Political Economy [6] "Expectations, Learning and Macroeconomic Persistence " [link Journal of Monetary Economics [5] "Econometric Issues in DSGE Models " [link Econometric Reviews [4] "A Bayesian DSGE Model with Infinite-Horizon Learning: Do "Mechanical" Sources of Persistence Become Superfluous? " [link International Journal of Central Banking [3] "Structural Factor-Augmented VARs (SFAVARs) and the Effects of Monetary Policy " , (with Francesco Belviso, Princeton University), Topics in Macroeconomics [2] "Parameter Instability, Model Uncertainty and the Choice of Monetary Policy " , (with Carlo A.
Favero, Bocconi University), Topics in Macroeconomics [1]