default author photo

Giovanni Olivei

Federal Reserve Bank of Boston

600 Atlantic Avenue

Boston, MA 02210

United States

SCHOLARLY PAPERS

19

DOWNLOADS
Rank 47,696

SSRN RANKINGS

Top 47,696

in Total Papers Downloads

2,621

TOTAL CITATIONS
Rank 6,949

SSRN RANKINGS

Top 6,949

in Total Papers Citations

132

Scholarly Papers (19)

1.

Predicting Recessions Using the Yield Curve: The Role of the Stance of Monetary Policy

Federal Reserve Bank of Boston Research Paper Series Current Policy Perspectives Paper No. 87522
Number of pages: 18 Posted: 29 Apr 2020
Daniel Cooper, Jeffrey C. Fuhrer and Giovanni Olivei
Federal Reserve Bank of Boston, affiliation not provided to SSRN and Federal Reserve Bank of Boston
Downloads 448 (162,966)
Citation 7

Abstract:

Loading...

term spread, yield curve inversion, recession probabilities

2.

Estimating Forward Looking Euler Equations with Gmm Estimators: An Optimal Instuments Approach

Number of pages: 33 Posted: 19 Nov 2004
Jeffrey C. Fuhrer and Giovanni Olivei
Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 237 (321,897)
Citation 22

Abstract:

Loading...

Consumption, Keynesian Economics

3.

The Role of Expectations and Output in the Inflation Process: An Empirical Assessment

FRB of Boston Public Policy Brief No. 10-2
Number of pages: 39 Posted: 02 Jul 2010
Jeffrey C. Fuhrer and Giovanni Olivei
Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 198 (384,172)
Citation 24

Abstract:

Loading...

4.

A Principal Components Approach to Estimating Labor Market Pressure and its Implications for Inflation

FRB of Boston Public Policy Brief No. 07-2
Number of pages: 23 Posted: 17 Jan 2008
Federal Reserve Bank of Boston, Cornell University, Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 196 (389,821)
Citation 3

Abstract:

Loading...

5.

Financial Variables and Macroeconomic Forecast Errors

FRB of Boston Working Paper No. 17-17
Number of pages: 47 Posted: 11 Jan 2018
Michelle L. Barnes and Giovanni Olivei
Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 172 (437,795)

Abstract:

Loading...

forecast errors, macroeconomy, financial variables, threshold estimation, business cycles

6.
Downloads 164 (456,852)
Citation 13

The Timing of Monetary Policy Shocks

Number of pages: 59 Posted: 17 Jun 2004
Giovanni Olivei and Silvana Tenreyro
Federal Reserve Bank of Boston and London School of Economics (LSE)
Downloads 137 (534,931)
Citation 3

Abstract:

Loading...

The Timing of Monetary Policy Shocks

CEPR Discussion Paper No. 5716
Number of pages: 53 Posted: 10 Aug 2006
Giovanni Olivei and Silvana Tenreyro
Federal Reserve Bank of Boston and London School of Economics (LSE)
Downloads 27 (1,400,723)
Citation 10
  • Add to Cart

Abstract:

Loading...

Monetary policy, business cycles, nominal rigidity, impulse-response function

7.

Empirical Estimates of Changing Inflation Dynamics

FRB of Boston Working Paper No. 09-4
Number of pages: 52 Posted: 13 Jul 2009
Federal Reserve Bank of Boston, Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 154 (485,678)
Citation 11

Abstract:

Loading...

8.

Monetary Policy and Regional House-Price Appreciation

FRB of Boston Working Paper No. 16-18
Number of pages: 47 Posted: 14 Dec 2016
Daniel Cooper, Maria Jose Luengo-Prado and Giovanni Olivei
Federal Reserve Bank of Boston, Indus Center for Academic Excellence and Federal Reserve Bank of Boston
Downloads 144 (511,933)
Citation 7

Abstract:

Loading...

9.

High-Frequency Spending Responses to Government Transfer Payments

FRB of Boston Working Paper No. 21-10
Number of pages: 46 Posted: 27 Dec 2021
Daniel Cooper and Giovanni Olivei
Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 133 (551,165)

Abstract:

Loading...

consumption, marginal propensity to consume, tax rebates, fiscal stimulus payments, COVID-19

10.

Capital Account Liberalization, Financial Depth and Economic Growth

NBER Working Paper No. w7384
Number of pages: 32 Posted: 08 Aug 2012 Last Revised: 05 Sep 2022
Michael W. Klein and Giovanni Olivei
Tufts University - The Fletcher School of Law and Diplomacy and Federal Reserve Bank of Boston
Downloads 104 (669,616)
Citation 9

Abstract:

Loading...

11.

Closed-Form Estimates of the New Keynesian Phillips Curve with Time-Varying Trend Inflation

FRB of Boston Working Paper No. 09-15
Number of pages: 49 Posted: 18 Dec 2009
Federal Reserve Bank of Boston, Morgan Stanley, The University of Sydney - School of Economics and Federal Reserve Bank of Boston
Downloads 98 (704,534)
Citation 5

Abstract:

Loading...

12.

Wage Setting Patterns and Monetary Policy: International Evidence

FRB of Boston Working Paper No. 10-8
Number of pages: 73 Posted: 04 Jul 2010
Giovanni Olivei and Silvana Tenreyro
Federal Reserve Bank of Boston and London School of Economics (LSE)
Downloads 94 (720,278)
Citation 24

Abstract:

Loading...

13.

Stimulus Payments and the Pandemic: Evaluating Low-Income Individuals’ Spending Behavior

Number of pages: 65 Posted: 26 Aug 2022
Daniel Cooper and Giovanni Olivei
Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 92 (730,864)

Abstract:

Loading...

consumption, Fiscal Stimulus Payments, Tax Rebates, Marginal Propensity to Consume, Efficacy of Fiscal Support.

14.

Estimation of Forward-Looking Relationships in Closed Form: An Application to the New Keynesian Phillips Curve

Number of pages: 73 Posted: 21 Jun 2011
Federal Reserve Bank of Boston, Morgan Stanley, The University of Sydney - School of Economics and Federal Reserve Bank of Boston
Downloads 91 (736,406)
Citation 3

Abstract:

Loading...

closed form, model-consistent expectations, New Keynesian Phillips curve, forward-looking Euler equation, time-varying trend inflation

15.

Forecasting U.S. Economic Activity with a Small Information Set

FRB of Boston Working Paper No. 25-4
Number of pages: 41 Posted: 02 Jul 2025
Daniel Cooper, Giovanni Olivei and Hannah Rhodenhiser
Federal Reserve Bank of Boston, Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 83 (809,932)

Abstract:

Loading...

macroeconomic forecasting, small information set, forecast accuracy

16.

Should the Fed Regularly Evaluate its Monetary Policy Framework?

FRB of Boston Working Paper No. 18-8
Number of pages: 72 Posted: 05 Dec 2018 Last Revised: 21 Feb 2019
Federal Reserve Bank of Boston, Federal Reserve Bank of Boston, Federal Reserve Bank of Boston - Supervision and Regulation and Federal Reserve Bank of Boston
Downloads 70 (875,328)
Citation 3

Abstract:

Loading...

monetary policy framework, evolution of monetary policy, FOMC, policy rules

17.

A Response to Cogley and Sbordone's Comment on 'Closed-Form Estimates of the New Keynesian Phillips Curve with Time-Varying Trend Inflation'

Number of pages: 18 Posted: 21 Jun 2011
Federal Reserve Bank of Boston, Morgan Stanley, The University of Sydney - School of Economics and Federal Reserve Bank of Boston
Downloads 56 (1,000,027)

Abstract:

Loading...

closed form, model-consistent expectations, New Keynesian Phillips curve, forward-looking Euler equation, time-varying trend inflation

18.

The Distribution of Sectoral Price Changes and Recent Inflation Developments

Federal Reserve Bank of Boston Research Paper Series Current Policy Perspectives Paper No. 96665
Number of pages: 10 Posted: 05 Sep 2023
Federal Reserve Bank of Boston, Federal Reserve Bank of Boston, Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 51 (1,052,702)
Citation 1

Abstract:

Loading...

inflation persistence, bimodality, sectoral price change distribution, underlying inflation

19.

Productivity Improvements and Markup Normalization Can Support Further Wage Gains Without Inflationary Pressures

Federal Reserve Bank of Boston Research Paper Series Current Policy Perspectives Paper No. 2024-5
Number of pages: 10 Posted: 01 Jul 2024
Vaishali Garga, Giovanni Olivei and J. Christina Wang
Federal Reserve Bank of Boston, Federal Reserve Bank of Boston and Federal Reserve Bank of Boston
Downloads 36 (1,236,159)

Abstract:

Loading...

wage inflation, productivity