Publications

Testing the Theory of the Firm Under Price and Background Risk: A Comment, Metroeconomica, forthcoming

Asymmetric Information and Multiple Equilibria in Rational Expectations Models: A Note (with L. Vota), Italian Economic Journal, forthcoming

Is Time an Illusion? A Bootstrap Likelihood Ratio Test for Shock Transmission Delays in DSGE Models (with G. Angelini and L. Fanelli) , Computational Economics, 65: 2477-2503 (2025)

Politics, Financial Regulation and Housing Bubbles, The Journal of Real Estate Finance and Economics, 70: 65 - 91 (2025)

Fat-Tailed DSGE Models: A Survey and New Results (with C. Dave),  Journal of Economic Surveys, 39(1): 146-171 (2025)

To Bequeath, or  Not To Bequeath? On Labor Income Risk and Top Wealth Concentration,  The B.E. Journal of Theoretical Economics, 24(2): 759-779 (2024)

Left and Right: A Tale of Two Tails of the Wealth Distribution (with M. D'Amato and C. Di Pietro),  Economic Theory, 78(4): 1389-1433 (2024)

Even Imprudent Risk Lovers May Engage in Precautionary Saving, Journal of Economics, 143(1): 101-109 (2024)

Stochastic Ordering of Stationary Distributions of Linear Recurrences: Further Results and Economic Applications (with C. Di Pietro and M. Pietroluongo), Economies, 11(4): 125 (2023)

Under the Same (Chole)Sky: DNK Models, Timing Restrictions and Recursive Identification of Monetary Policy Shocks (with G. Angelini), Journal of Economic Dynamics & Control, 133: 104265 (2021)

Equilibrium Indeterminacy and Sunspot Tales (with C. Dave), European Economic Review, 140: 103933 (2021)

Good Co(o)p or Bad Co(o)p? Redistribution Concerns and Competition in Credit Markets with Imperfect Information (with M. D'Amato, C. Di Pietro and M. Pietroluongo), The B.E. Journal of  Economic Analysis  and Policy, 21(2): 657-694 (2021)

Stabilizing Taylor Rules and Determinacy under Unit Root Supply Shocks: A Re-Examination, Journal of Macroeconomics, 68: 103312 (2021)

Persistent Dynamics in (In)Determinate Equilibrium Rational Expectations Models, International Journal of Computational Economics and Econometrics, 11(1): 1-11 (2021)

Sunspot-Driven Fat Tails: A Note (with C. Dave), Economics Letters, 193: 109304 (2020)

Computing Sunspot Solutions to Rational Expectations Models with Timing Restrictions, The B.E. Journal of Macroeconomics, 20(2): 20180256 (2020)

Arbitrary Initial Conditions and the Dimension of Indeterminacy in Linear Rational Expectations Models, Decisions in Economics and Finance, 43(1): 363-372 (2020)

Credit Allocation in Heterogeneous Banking Systems (with M. D'Amato and C. Di Pietro), German Economic Review, 21(1): 1-33 (2020)

Solving Rational Expectations Models with Informational Subperiods: A Comment (with F. Hespeler), Computational Economics, 53(4): 1649-1654 (2019)

Outside (Option) in the Orchard: Lemons or Peaches? (with C. Di Pietro), Journal of Industrial and Business Economics/Economia e Politica Industriale, 45(4): 555-564 (2018)

Comparing Inequality and Mobility in Linear Models: Comment (with C. Di Pietro), Economics Letters, 172: 56-58 (2018)

Indeterminacy and Fundamental Reduced Form Representations of DSGE Models, Metroeconomica, 69(2): 509-524 (2018)

Stochastic Dominance and Thick-Tailed Wealth Distributions (with C. Di Pietro), Journal of Economics, 123(2): 141-159 (2018)

Does Near-Rationality Matter in First-Order Approximate Solutions? A Perturbation Approach (with F. Hespeler), Bulletin of Economic Research, 70(1): E97-E113 (2018)

Indeterminate Forecast Accuracy under Indeterminacy (with L. Fanelli), Journal of Macroeconomics, 53(C): 57-70 (2017)

Lobbying (Strategically Appointed) Bureaucrats, Constitutional Political Economy, 26(2): 171-189 (2015)

Incomplete Contracts as a Screening Device in Competing Vertical Inter-Firm Relationships (with M. Sicoli), Revue d'Économie Industrielle, 147: 141-181 (2014)

Generalized Adaptive Expectations Revisited, Economics Letters, 120(2): 203-205 (2013)

Model Reference Adaptive Expectations in Markov-Switching Economies (with F. Carravetta), Economic Modelling, 32(1): 551-559 (2013)

A Note on Information Flows and Identification of News Shocks Models, Journal of Economics and Econometrics, 56(1): 28-38 (2013)

Robust Delegation with Uncertain Monetary Policy Preferences, Economic Modelling, 30(1): 73-78 (2013)

News Shocks or Parametric Indeterminacy? An Observational Equivalence Result in Linear Rational Expectations Models, Economics Letters, 114(2): 198-200 (2012)

Corruption in a Neoclassical Growth Model with a Non-Convex Production Function: Comment, International Review of Economics, 59(3): 315-319 (2012)

The Role of the Judiciary in the Public Decision-Making Process (with G. Albanese), Economics & Politics, 24(1): 1-23 (2012)

A "Nearly Ideal" Solution to Linear Time-Varying Rational Expectations Models (with F. Carravetta), Computational Economics, 35(4): 331-353 (2010)

A Note on Kalman Filter Approach to Solution of Rational Expectations Models, Economics Bulletin, 30(3): 2002-2009 (2010)

Lobbying-consistent Delegation and Sequential Policy Making, Economics Bulletin, 30(4): 3088-3102 (2010)

On the Empirical Separability of News Shocks and Sunspots, Notas Económicas, 32: 44-55 (2010)

On the Production Function for Italy (with G. Albanese), Rivista Internazionale di Scienze Sociali, 118(4): 401-416 (2010)

• Lectures on Dynamic Macroeconomics: Methods and Applications (with C. Dave), World Scientific Lecture Notes in Economics and Policy, Vol. 24, ISBN: 9789811296208 (2025)

Efficienza, integrità e indipendenza della Magistratura: una prospettiva economica, PasSaggi Costituzionali, 2/2023, ETPbooks, Atene (Greece), 36-48, ISBN: 9786185752248 (2023)

Elementi di ottimizzazione per l'economia e la finanza (with C. Di Pietro), Tab Edizioni, Roma (Italy), ISBN: 9788892950948 (2020)

Commento all'art. 79 della Costituzione italiana, in: M. Galdi (eds.), La Costituzione e le sfide del futuro, Areablu Edizioni, Cava de' Tirreni (Italy), 116-117, ISBN: 9788894925456 (2019)