Patrizio Tirelli

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

Piazza dell'Ateneo Nuovo, 1

Milano, 20126

Italy

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

Piazza dell'Ateneo Nuovo, 1

Milan, 20126

Italy

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

U6 Building

Viale Piero e Alberto Pirelli, 22

Milano, 20126

Italy

SCHOLARLY PAPERS

29

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2,804

CITATIONS
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Top 6,244

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129

Scholarly Papers (29)

1.

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 439 (64,671)

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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 317 (94,330)

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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 261 (115,647)

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Monetary policy, inflation targets, central bank reform, reaction functions, interest rates

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

The Manchester School, Vol. 70, pp. 487-527, 2002
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 (466,968)
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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 231 (131,554)
Citation 1

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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 221 (137,350)
Citation 6

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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
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 146 (199,189)

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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)
Downloads 1 (681,101)
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 111 (245,233)

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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 98 (267,209)

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Disinflation, Inequality, Welfare, LAMP, Monetary Policy, Calvo Price Adjustment, Rotemberg Price Adjustment

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 92 (278,345)
Citation 5

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Limited Asset Market Participation, DSGE, Determinacy, Consumption Habits, Income In-

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 83 (296,870)

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Financial crises, shadow economy, DSGE models

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 73 (320,028)

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PIIGS, Euro crisis, two-country DSGE, Bayesian estimation

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 70 (327,582)
Citation 1

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Housing, Mortgage Default, Subprime Risk, DSGE

13.

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 62 (349,078)
Citation 1

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14.

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 56 (366,940)
Citation 3

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DSGE, Limited Asset Market Participation, Bayesian Estimation, Euro Area, Business Cycle

15.

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 55 (370,102)
Citation 1

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DSGE, Limited Asset Market Participation, Bayesian Estimation, Euro Area, Business Cycle, Monetary Policy, Fiscal Policy

16.

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 Commission Joint Research Center - 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 54 (373,318)

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Fiscal Consolidation, Limited Asset Market Participation, Ramsey Fiscal Policy

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 53 (376,435)
Citation 4

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asset pricing, equity premium, limited asset market participation, business cycle, DSGE, sticky prices

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 47 (396,534)

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Inflation, monetary and fiscal policy, Ramsey plan, inequality

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 45 (403,590)

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Disinflation, Rotemberg price adjustment, Monetary Policy

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 Commission Joint Research Center - 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 37 (434,369)

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Fiscal Consolidation, Limited Asset Market Participation, Ramsey Fiscal Policy

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 37 (434,369)
Citation 3

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Fiscal Consolidation, DSGE modelling, Rule of Thumb Consumers, Fiscal Policy, Monetary Policy, Zero Lower Bound

22.

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 33 (451,068)
Citation 4

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trend in‡ation, monetary and fiscal policy, Ramsey plan

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 26 (499,512)

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DSGE, Limited Asset Market Participation, Bayesian Estimation, Euro Area, Business Cycle

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)
Downloads 2 (666,657)
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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 Commission Joint Research Center - JRC-Ispra, European Commision and Università degli Studi di Milano-Bicocca - Center for Interdisciplinary Studies in Economics, Psychology & Social Sciences (CISEPS)
Downloads 28 (474,750)

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Asymmetric Euro Crisis, Two-Country DSGE, Bayesian Estimation

25.

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 28 (474,750)

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trend in‡ation, monetary and …scal policy, Ramsey plan, Limited Asset Market Participation

26.

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 26 (485,240)

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Rule of Thumb Consumers, DSGE, Determinacy, Lim- ited Asset Market Participation, Money Targeting

27.

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)
Downloads 14 (554,411)

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Financial crises, Informal Economy, labor market frictions, endogenous participation

28.

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)
Downloads 14 (554,411)
Citation 1

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: asset pricing, equity premium, limited asset market participa- tion, business cycle, DSGE, sticky prices.

29.

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 12 (566,654)

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Firms Pricing, Disinfiation, Inequality, Welfare Economics