Author Page for Patrizio Tirelli

Monetary and Fiscal Policy Interactions Over the Cycle: Some Empirical Evidence

CESifo Working Paper Series No. 817

Number of pages: 40 Posted: 09 Jan 2003

Anton Muscatelli, Patrizio Tirelli and Carmine Trecroci

University of Glasgow - Department of Economics, Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and University of Brescia

Downloads 441 (72,345)

Abstract:

2.

Fiscal and Monetary Policy Interactions: Empirical Evidence and Optimal Policy Using a Structural New Keynesian Model

CESifo Working Paper Series No. 1060

Number of pages: 40 Posted: 01 Dec 2003

Anton Muscatelli, Patrizio Tirelli and Carmine Trecroci

University of Glasgow - Department of Economics, Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and University of Brescia

Downloads 328 (101,823)

Citation 1

Abstract:

3.

Does Institutional Change Really Matter? Inflation Targets, Central Bank Reform and Interest Rate Policy in the OECD Countries

Downloads 296 (113,960)

Citation 19

2

Does Institutional Change Really Matter? Inflation Targets, Central Bank Reform and Interest Rate Policy in the OECD Countries

CESifo Working Paper Series No. 278

Number of pages: 50 Posted: 04 Apr 2001

Anton Muscatelli, Patrizio Tirelli and Carmine Trecroci

University of Glasgow - Department of Economics, Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and University of Brescia

Downloads 264 (127,866)

Citation 1

Abstract:

Does Institutional Change Really Matter? Inflation Targets, Central Bank Reform and Interest Rate Policy in the OECD Countries

Number of pages: 41 Posted: 19 Mar 2003

Anton Muscatelli, Patrizio Tirelli and Carmine Trecroci

University of Glasgow - Department of Economics, Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and University of Brescia

Downloads 32 (516,248)

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4.

Can Fiscal Policy Help Macroeconomic Stabilisation? Evidence from a New Keynesian Model with Liquidity Constraints

CESifo Working Paper Series No. 1171

Number of pages: 42 Posted: 22 Apr 2004

Anton Muscatelli, Patrizio Tirelli and Carmine Trecroci

University of Glasgow - Department of Economics, Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and University of Brescia

Downloads 232 (146,205)

Citation 1

Abstract:

5.

Fiscal and Monetary Policy Interactions in a New Keynesian Model with Liquidity Constraints

Number of pages: 41 Posted: 05 Feb 2006

Anton Muscatelli, Patrizio Tirelli and Carmine Trecroci

University of Glasgow - Department of Economics, Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and University of Brescia

Downloads 226 (149,956)

Citation 7

Abstract:

6.

The Role of Fiscal Policy in a Monetary Union: Are National Automatic Stabilizers Effective?

Downloads 153 (212,546)

Citation 9

2

The Role of Fiscal Policy in a Monetary Union: Are National Automatic Stabilizers Effective?

CESifo Working Paper Series No. 1682

Number of pages: 55 Posted: 31 Mar 2006

Andrea Colciago, Anton Muscatelli, Tiziano Ropele and Patrizio Tirelli

De Nederlandsche Bank - Research Department, University of Glasgow - Department of Economics, Università degli Studi di Milano-Bicocca and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 152 (214,048)

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The Role of Fiscal Policy in a Monetary Union: Are National Automatic Stabilizers Effective?

Review of International Economics, Vol. 16, Issue 3, pp. 591-610, August 2008

Number of pages: 20 Posted: 14 Jul 2008

Andrea Colciago, V. Anton Muscatelli and Patrizio Tirelli

De Nederlandsche Bank - Research Department, affiliation not provided to SSRN and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

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Citation 1

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7.

A Simple and Flexible Alternative to the Stability and Growth Pact Deficit Ceilings: Is it at Hand?

CESifo Working Paper Series No. 1006

Number of pages: 26 Posted: 21 Aug 2003

Anton Muscatelli, Piergiovanna Natale and Patrizio Tirelli

University of Glasgow - Department of Economics, Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 112 (270,379)

Citation 1

Abstract:

8.

Disinflation and Inequality in a DSGE Monetary Model: A Welfare Analysis

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 305

Number of pages: 35 Posted: 28 Jul 2015

Maria Ferrara and Patrizio Tirelli

Università degli Studi di Milano-Bicocca and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 106 (281,038)

Abstract:

9.

Limited Asset Market Participation, Income Inequality and Macroeconomic Volatility

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 261

Number of pages: 26 Posted: 18 Dec 2013

Giorgio Motta and Patrizio Tirelli

Lancaster University Management School and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 103 (286,563)

Citation 5

Abstract:

10.

Shadow Economies at Times of Banking Crises: Empirics and Theory

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 234

Number of pages: 41 Posted: 19 Jul 2013 Last Revised: 21 Jul 2013

Emilio Colombo, Luisanna Onnis and Patrizio Tirelli

Catholic University of the Sacred Heart of Milan, Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 86 (321,669)

Citation 3

Abstract:

11.

PIIGS in the Euro Area. An Empirical DSGE Model

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 331

Number of pages: 54 Posted: 12 Mar 2016

Alice Albonico, Alessia Paccagnini and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS), University College Dublin (UCD) - Michael Smurfit Graduate School of Business and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 84 (326,445)

Citation 1

Abstract:

12.

Subprime Mortgages and Banking in a DSGE Model

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 366

Number of pages: 40 Posted: 23 Jun 2017

Martino Ricci and Patrizio Tirelli

European Central Bank (ECB) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 81 (333,659)

Citation 1

Abstract:

13.

Estimating a DSGE Model with Limited Asset Market Participation for the Euro Area

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 286

Number of pages: 48 Posted: 20 Nov 2014

Alice Albonico, Alessia Paccagnini and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS), University College Dublin (UCD) - Michael Smurfit Graduate School of Business and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 63 (383,028)

Citation 6

Abstract:

14.

Monetary Conservatism and Fiscal Coordination in a Monetary Union

Number of pages: 8 Posted: 13 Feb 2006

Giovanni Di Bartolomeo, Nicola Acocella and Patrizio Tirelli

Sapienza University of Rome, Department of Economics and Law, University of Rome I - Department of Methods and Models for Economics, Territory and Finance (MEMOTEF) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 63 (383,028)

Citation 2

Abstract:

15.

Optimal Public Debt Consolidation with Distributional Conflicts

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 350

Number of pages: 26 Posted: 07 Oct 2016

Roberta Cardani, Lorenzo Menna and Patrizio Tirelli

European Union - JRC-Ispra, European Commision, Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 58 (399,032)

Abstract:

16.

In Search of the Euro Area Fiscal Stance

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 324

Number of pages: 47 Posted: 01 Feb 2016

Alice Albonico, Alessia Paccagnini and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS), University College Dublin (UCD) - Michael Smurfit Graduate School of Business and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 57 (402,487)

Citation 3

Abstract:

17.

The Equity Premium in a DSGE Model with Limited Asset Market Participation

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 275

Number of pages: 30 Posted: 18 Jun 2014

Lorenzo Menna and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 57 (402,487)

Citation 5

Abstract:

18.

Optimal Inflation to Reduce Inequality

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 353

Number of pages: 33 Posted: 07 Nov 2016

Lorenzo Menna and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 50 (426,845)

Citation 4

Abstract:

19.

Can a DSGE Model Explain a Costly Disinflation?

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 306

Number of pages: 16 Posted: 06 Aug 2015

Maria Ferrara and Patrizio Tirelli

Università degli Studi di Milano-Bicocca and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 48 (434,327)

Abstract:

20.

The Optimal Policy Mix to Achieve Public Debt Consolidation

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 356

Number of pages: 19 Posted: 05 Jan 2017

Roberta Cardani, Lorenzo Menna and Patrizio Tirelli

European Union - JRC-Ispra, European Commision, Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 42 (458,123)

Citation 1

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21.

Fiscal Consolidations: Can We Reap the Gain and Escape the Pain?

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 283

Number of pages: 34 Posted: 14 Oct 2014

Maria Ferrara and Patrizio Tirelli

Università degli Studi di Milano-Bicocca and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 38 (475,348)

Citation 4

Abstract:

22.

Limited Asset Market Participation and the Euro Area Crisis. An Empirical DSGE Model

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Citation 1

2

Limited Asset Market Participation and the Euro Area Crisis. An Empirical DSGE Model

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 391

Number of pages: 39 Posted: 26 Nov 2018

Alice Albonico, Alessia Paccagnini and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS), University College Dublin (UCD) - Michael Smurfit Graduate School of Business and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 33 (510,828)

Citation 1

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Limited Asset Market Participation and the Euro Area Crisis: An Empirical DSGE Model

Economic Inquiry, Vol. 57, Issue 3, pp. 1302-1323, 2019

Number of pages: 22 Posted: 22 May 2019

Alice Albonico, Alessia Paccagnini and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS), University College Dublin (UCD) - Michael Smurfit Graduate School of Business and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

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23.

The Comeback of Inflation as an Optimal Public Finance Tool

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 263

Number of pages: 22 Posted: 18 Dec 2013

Giovanni Di Bartolomeo, Patrizio Tirelli and Nicola Acocella

University of Teramo, Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS) and University of Rome I - Department of Methods and Models for Economics, Territory and Finance (MEMOTEF)

Downloads 35 (488,990)

Citation 5

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24.

Debunking the Myth of Southern Profligacy. A DSGE Analysis of Business Cycles in the EMU's Big Four

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 373

Number of pages: 36 Posted: 07 Nov 2017 Last Revised: 20 Dec 2018

Alice Albonico, Roberta Cardani and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS), European Union - JRC-Ispra, European Commision and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 32 (503,600)

Citation 1

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25.

Endogenous Productivity Dynamics in a Two-Sector Business Cycle Model

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 434

Number of pages: 71 Posted: 26 Feb 2020

Piersanti Fabio Massimo and Patrizio Tirelli

University of Milano-Bicocca and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 29 (519,096)

Abstract:

26.

Limited Asset Market Participation and the Optimal Fiscal and Monetary Policies

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 284

Number of pages: 28 Posted: 15 Oct 2014

Lorenzo Menna and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 29 (519,096)

Abstract:

27.

Money Targeting, Heterogeneous Agents and Dynamic Instability

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 257

Number of pages: 37 Posted: 16 Oct 2013

Giorgio Motta and Patrizio Tirelli

Lancaster University Management School and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 29 (519,096)

Abstract:

28.

Disinflation, Inequality and Welfare in a TANK Model

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 402 (2019)

Number of pages: 37 Posted: 19 Feb 2019

Maria Ferrara and Patrizio Tirelli

Università degli Studi di Napoli “Parthenope” and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Downloads 23 (554,577)

Citation 1

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29.

Informality and the Labor Market Effects of Financial Crises

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 392

Number of pages: 53 Posted: 26 Nov 2018

Emilio Colombo, Lorenzo Menna and Patrizio Tirelli

Catholic University of the Sacred Heart of Milan, Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

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Citation 5

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30.

Risk Premiums, Nominal Rigidities and Limited Asset Market Participation

University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 388

Number of pages: 35 Posted: 06 Nov 2018

Lorenzo Menna and Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS) and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

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Citation 1

Patrizio Tirelli

Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS)

Università degli Studi di Milano-Bicocca - Center for European Studies (CefES)

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Scholarly Papers (30)

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Does Institutional Change Really Matter? Inflation Targets, Central Bank Reform and Interest Rate Policy in the OECD Countries

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The Role of Fiscal Policy in a Monetary Union: Are National Automatic Stabilizers Effective?

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Limited Asset Market Participation and the Euro Area Crisis: An Empirical DSGE Model

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