Fabio Milani

University of California, Irvine - Department of Economics

3151 Social Science Plaza

Irvine, CA 92697-5100

United States

SCHOLARLY PAPERS

17

DOWNLOADS

988

SSRN CITATIONS
Rank 8,085

SSRN RANKINGS

Top 8,085

in Total Papers Citations

90

CROSSREF CITATIONS

65

Scholarly Papers (17)

1.

Structural Factor-Augmented VAR (Sfavar) and the Effects of Monetary Policy

Number of pages: 48 Posted: 17 Apr 2005
Francesco Belviso and Fabio Milani
Princeton University and University of California, Irvine - Department of Economics
Downloads 363 (96,298)
Citation 8

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VAR, Dynamic Factors, Monetary Policy, Structural FAVAR

2.

Expectations, Learning and Macroeconomic Persistence

Number of pages: 55 Posted: 02 Nov 2005
Fabio Milani
University of California, Irvine - Department of Economics
Downloads 145 (234,238)
Citation 93

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persistence, constant-gain learning, expectations, habit formation in consumption, inflation inertia, Phillips curve, Bayesian econometrics, New-Keynesian model

3.

Learning, Monetary Policy Rules, and Macroeconomic Stability

Number of pages: 42 Posted: 16 Aug 2005
Fabio Milani
University of California, Irvine - Department of Economics
Downloads 126 (261,550)
Citation 10

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monetary policy, new Keynesian DSGE model, constant-gain learning, expectations, Bayesian estimation, macroeconomic instability

4.

Adaptive Learning and Inflation Persistence

Number of pages: 40 Posted: 29 Jun 2005
Fabio Milani
University of California, Irvine - Department of Economics
Downloads 96 (316,043)
Citation 22

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adaptive learning, inflation persistence, sticky prices, best-fitting constant gain, learning speed, expectations

Monetary Policy with a Wider Information Set: A Bayesian Model Averaging Approach

Number of pages: 43 Posted: 27 Jan 2004
Fabio Milani
University of California, Irvine - Department of Economics
Downloads 49 (460,707)
Citation 2

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Bayesian model averaging, leading indicators, model uncertainty, optimal monetary policy, interest rate smoothing

Monetary Policy with a Wider Information Set: A Bayesian Model Averaging Approach

Scottish Journal of Political Economy, Vol. 55, Issue 1, pp. 1-30, February 2008
Number of pages: 30 Posted: 29 Jan 2008
Fabio Milani
University of California, Irvine - Department of Economics
Downloads 8 (715,247)
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6.

The Misspecification of Expectations in New Keynesian Models: A DSGE-VAR Approach

CESifo Working Paper Series No. 6099
Number of pages: 40 Posted: 09 Nov 2016
Stephen J. Cole and Fabio Milani
Marquette University and University of California, Irvine - Department of Economics
Downloads 46 (464,839)
Citation 6

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modeling of expectations, DSGE models, rational expectations, observed survey expectations, model misspecification, DSGE-VAR, heterogeneous expectations

7.

The Effects of Globalization on Macroeconomic Dynamics in a Trade-Dependent Economy: The Case of Korea

Bank of Korea WP 2014-13
Number of pages: 41 Posted: 28 Mar 2015
Fabio Milani and Sung Ho Park
University of California, Irvine - Department of Economics and The Bank of Korea
Downloads 45 (468,986)

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Globalization, Inflation Dynamics, Global Slack Hypothesis, Openness, Inflation Expectations, Small Open Economy DSGE Model, Korea

8.

Bounded Rationality, Monetary Policy, and Macroeconomic Stability

CESifo Working Paper No. 7706
Number of pages: 11 Posted: 14 Jul 2019 Last Revised: 23 Jul 2019
University of California, Irvine - Department of Economics, University of California, Irvine - Department of Economics and University of California, Irvine - Department of Economics
Downloads 29 (545,634)
Citation 1

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Behavioral New Keynesian model, cognitive discounting, estimation under determinacy and indeterminacy, Taylor principle, active vs passive monetary policy

9.

COVID-19 Outbreak, Social Response, and Early Economic Effects: A Global VAR Analysis of Cross-Country Interdependencies

CESifo Working Paper No. 8518
Number of pages: 37 Posted: 28 Aug 2020
Fabio Milani
University of California, Irvine - Department of Economics
Downloads 21 (595,593)
Citation 6

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COVID-19 pandemic, health shocks, global VAR, social networks, social distancing, cross-country spillovers, unemployment indicators, Google trends

10.

Heterogeneity in Individual Expectations, Sentiment, and Constant-Gain Learning

CESifo Working Paper No. 8343
Number of pages: 45 Posted: 10 Jun 2020
Stephen J. Cole and Fabio Milani
Marquette University and University of California, Irvine - Department of Economics
Downloads 18 (615,645)

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11.

Parameter Instability, Model Uncertainty and the Choice of Monetary Policy

Number of pages: 33 Posted: 02 Jun 2005
Carlo A. Favero and Fabio Milani
Bocconi University - Department of Finance and University of California, Irvine - Department of Economics
Downloads 16 (629,253)
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Model uncertainty, parameter instability, optimal monetary policy

12.

Heterogeneous Expectations, Indeterminacy, and Postwar US Business Cycles

CESifo Working Paper No. 8224
Number of pages: 28 Posted: 20 Apr 2020
Francisco Ilabaca and Fabio Milani
University of California, Irvine - Department of Economics and University of California, Irvine - Department of Economics
Downloads 10 (672,421)

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heterogeneous expectations in New Keynesian model, indeterminacy, sunspots, Taylor principle, deviations from rational expectations, time-varying parameters

13.

Perceived Uncertainty Shocks, Excess Optimism-Pessimism, and Learning in the Business Cycle

CESifo Working Paper No. 8608
Number of pages: 38 Posted: 14 Oct 2020
Pratiti Chatterjee and Fabio Milani
University of New South Wales and University of California, Irvine - Department of Economics
Downloads 9 (679,621)
Citation 1

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uncertainty shocks, sentiment, animal spirits, learning, behavioural New Keynesian model, sources of business cycle fluctuations, observed survey expectations, optimism and pessimism in business cycles, probability density forecasts

14.

Political Business Cycles in the New Keynesian Model

Economic Inquiry, Vol. 48, Issue 4, pp. 896-915, October 2010
Number of pages: 20 Posted: 15 Sep 2010
Fabio Milani
University of California, Irvine - Department of Economics
Downloads 3 (724,507)
Citation 1
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15.

Expectation Shocks and Learning as Drivers of the Business Cycle

CEPR Discussion Paper No. DP7743
Number of pages: 42 Posted: 17 Mar 2010
Fabio Milani
University of California, Irvine - Department of Economics
Downloads 3 (724,507)
Citation 13
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Behavioral Explanations of the Business Cycle, Constant-Gain Learning, DSGE Estimation with Survey Expectations, Expectation Formation, Expectation Shocks, Waves of Optimism and Pessimism

16.

Adaptive Learning and Macroeconomic Inertia in the Euro Area

JCMS: Journal of Common Market Studies, Vol. 47, Issue 3, pp. 579-599, June 2009
Number of pages: 21 Posted: 06 May 2009
Fabio Milani
University of California, Irvine - Department of Economics
Downloads 1 (746,253)
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17.

Adaptive Learning, Model Uncertainty and Monetary Policy Inertia in a Large Information Environment

Posted: 27 Jan 2004
Fabio Milani
University of California, Irvine - Department of Economics

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Optimal monetary policy, Bayesian Model Averaging, leading indicators, model uncertainty, adaptive learning, interest-rate smoothing, inertia