Marco Bassetto

Federal Reserve Bank of Chicago

230 South LaSalle Street

Chicago, IL 60604

United States

SCHOLARLY PAPERS

16

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881

CITATIONS
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in Total Papers Citations

50

Scholarly Papers (16)

1.

Redistribution, Taxes, and the Median Voter

FRB of Chicago Working Paper No. 2006-02
Number of pages: 24 Posted: 10 Mar 2006
Marco Bassetto and Jess Benhabib
Federal Reserve Bank of Chicago and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 128 (219,291)
Citation 9

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Redistribution, Median Voter, Capital Income Taxes, Gorman Aggregation

Government Investment and the European Stability and Growth Pact

Economic Perspectives, Vol. 31, No. 3, 2007
Number of pages: 11 Posted: 11 Sep 2007
Marco Bassetto and Vadym Lepetyuk
Federal Reserve Bank of Chicago and University of Minnesota - Twin Cities - Department of Economics
Downloads 84 (295,256)

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European Stability and Growth Pact, deficit, government investment, efficiency, budget rules, Ricardian equivalence, Allocative Efficiency, Cost-Benefit Analysis, Fiscal Policy, Public Goods; Infrastructures, Other Public Investment and Capital Stock

Government Investment and the European Stability and Growth Pact

NBER Working Paper No. w13200
Number of pages: 29 Posted: 03 Jul 2007 Last Revised: 28 Jul 2010
Marco Bassetto and Vadym Lepetyuk
Federal Reserve Bank of Chicago and University of Minnesota - Twin Cities - Department of Economics
Downloads 24 (507,559)

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3.

Public Investment and Budget Rules for State vs. Local Governments

FRB of Chicago Working Paper No. 2008-21
Number of pages: 26 Posted: 08 Dec 2008
Marco Bassetto
Federal Reserve Bank of Chicago
Downloads 103 (256,696)
Citation 2

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Mobility, Capitalization, Congestion, Local public good, Ricardian equivalence

Politics and Efficiency of Separating Capital and Ordinary Government Budgets

FRB Chicago Working Paper No. 2005-07
Number of pages: 53 Posted: 26 Oct 2005
Marco Bassetto and Thomas J. Sargent
Federal Reserve Bank of Chicago and New York University (NYU) - Department of Economics, Leonard N. Stern School of Business
Downloads 57 (366,529)

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Golden rule, majority rule, Pareto efficient allocation, public goods, government

Politics and Efficiency of Separating Capital and Ordinary Government Budgets

NBER Working Paper No. w11030
Number of pages: 45 Posted: 01 Jun 2006 Last Revised: 23 Aug 2010
Marco Bassetto and Thomas J. Sargent
Federal Reserve Bank of Chicago and New York University (NYU) - Department of Economics, Leonard N. Stern School of Business
Downloads 46 (404,387)
Citation 26

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5.

What is the Relationship between Large Deficits and Inflation in Industrialized Countries?

Economic Perspectives, Vol. XXXIV, No. 3, 2010
Number of pages: 18 Posted: 10 Aug 2010
Marco Bassetto and R. Butters
Federal Reserve Bank of Chicago and Indiana University
Downloads 95 (270,749)
Citation 3

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public deficit, inflation, time inconsistency, government debt, central bank independence, Comparative or Joint Analysis of Fiscal and Monetary Policy, Stabilization, Deficit, Surplus, Debt, Debt Management,

6.

Tax Riots

FRB of Chicago Working Paper No. 2006-04
Number of pages: 63 Posted: 26 May 2006
Marco Bassetto and Christopher Phelan
Federal Reserve Bank of Chicago and Federal Reserve Bank of Minneapolis
Downloads 76 (310,571)
Citation 18

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multiple equilibria, ex ante incentive compatibility, ex post incentive compatibility, optimal tax mechanism

The Interplay between Financial Conditions and Monetary Policy Shocks

FRB of Chicago Working Paper No. WP-2016-11
Number of pages: 51 Posted: 25 Oct 2016
Marco Bassetto, Luca Benzoni and Trevor Serrao
Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago - Research Department and Federal Reserve Bank of Chicago
Downloads 33 (458,509)

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Excess bond premium, financial conditions, monetary policy, zero lower bound

The Interplay between Financial Conditions and Monetary Policy Shocks

Number of pages: 37 Posted: 17 Oct 2016
Marco Bassetto, Luca Benzoni and Trevor Serrao
Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago - Research Department and Federal Reserve Bank of Chicago
Downloads 23 (513,706)
Citation 2

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excess bond premium, financial conditions, monetary policy shocks, zero lower bound

8.

Fiscal Consequences of Paying Interest on Reserves

FRB of Chicago Working Paper No. 2013-04
Number of pages: 35 Posted: 08 Jun 2013
Marco Bassetto and Todd Messer
Federal Reserve Bank of Chicago and Federal Reserve Bank of Chicago
Downloads 47 (393,633)
Citation 19

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Interest on Reserves, Central Bank, Fiscal Risk

On the Relationship between Mobility, Population Growth, and Capital Spending in the United States

FRB of Chicago Working Paper No. 2009-25
Number of pages: 38 Posted: 11 Dec 2009
Marco Bassetto and Leslie McGranahan
Federal Reserve Bank of Chicago and Federal Reserve Bank of Chicago
Downloads 29 (478,753)
Citation 1

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public goods, golden rule, population growth, mobility, capital spending

On the Relationship between Mobility, Population Growth, and Capital Spending in the United States

NBER Working Paper No. w16970
Number of pages: 70 Posted: 25 Apr 2011
Marco Bassetto and Leslie McGranahan
Federal Reserve Bank of Chicago and Federal Reserve Bank of Chicago
Downloads 12 (584,906)

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10.

Forecasting Inflation and the Great Recession

Economic Perspectives, Vol. 37, No. 3, 2013
Number of pages: 28 Posted: 29 Jan 2014
Marco Bassetto, Todd Messer and Christine Ostrowski
Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago and Federal Reserve Bank of Chicago
Downloads 28 (471,135)
Citation 1

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Phillips curve, random walk, economic activity, unemployment

Credit Crunches and Credit Allocation in a Model of Entrepreneurship

FRB of Chicago Working Paper No. 2013-06
Number of pages: 51 Posted: 06 Aug 2013
Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago and University College London, Economics Dpt.
Downloads 16 (558,354)

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Entrepreneurship, Credit Contraints, Credit Crunch, Financial Crisis

Credit Crunches and Credit Allocation in a Model of Entrepreneurship

NBER Working Paper No. w19296
Number of pages: 48 Posted: 10 Aug 2013 Last Revised: 08 Oct 2014
Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago and University College London, Economics Dpt.
Downloads 9 (605,287)
Citation 18

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12.

Speculative Runs on Interest Rate Pegs - The Frictionless Case

FRB of Chicago Working Paper No. 2012-16
Number of pages: 33 Posted: 19 Dec 2012
Marco Bassetto and Christopher Phelan
Federal Reserve Bank of Chicago and Federal Reserve Bank of Minneapolis
Downloads 21 (509,396)

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Speculative Run, Interest Rate Rule, Inflation, Central Bank

The Fiscal Theory of the Price Level in a World of Low Interest Rates

HKIMR Working Paper No.02/2018
Number of pages: 40 Posted: 05 Feb 2018
Marco Bassetto and Wei Cui
Federal Reserve Bank of Chicago and University College London
Downloads 11 (591,694)
Citation 8

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the fiscal theory of price level, risks, dynamic inefficiency, and liquidity

The Fiscal Theory of the Price Level in a World of Low Interest Rates

FRB of Chicago Working Paper No. WP-2017-25
Number of pages: 45 Posted: 05 Dec 2017
Marco Bassetto and Wei Cui
Federal Reserve Bank of Chicago and University College London
Downloads 8 (612,128)

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Debt, fiscal policy, interest rates

14.

Is Inflation Default? The Role of Information in Debt Crises

FRB of Chicago Working Paper No. WP-2017-6
Number of pages: 45 Posted: 15 Jun 2017
Marco Bassetto and carlo galli
Federal Reserve Bank of Chicago and University College London
Downloads 18 (526,732)

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Government Debt, Currency Denomination, Debt, Inflation

15.

Speculative Runs on Interest Rate Pegs

NBER Working Paper No. w18864
Number of pages: 39 Posted: 09 Mar 2013
Marco Bassetto and Christopher Phelan
Federal Reserve Bank of Chicago and Federal Reserve Bank of Minneapolis
Downloads 7 (593,053)
Citation 6

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Organizational Equilibrium with Capital

FRB of Chicago Working Paper No. WP-2018-20
Number of pages: 55 Posted: 14 Dec 2018 Last Revised: 21 Feb 2019
Marco Bassetto, Zhen Huo and Jose-Victor Rios-Rull
Federal Reserve Bank of Chicago, University of Minnesota - Minneapolis and University of Minnesota - Twin Cities
Downloads 5 (633,340)

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Capital, fiscal policy, Markov equilibrium, Quasi-geometry

Organizational Equilibrium with Capital

NBER Working Paper No. w25376
Number of pages: 61 Posted: 26 Dec 2018
Marco Bassetto, Zhen Huo and José-Victor Rios-Rull
Federal Reserve Bank of Chicago, University of Minnesota - Minneapolis and University of Pennsylvania - Department of Economics
Downloads 1 (675,498)
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Organizational Equilibrium with Capital

CEPR Discussion Paper No. DP13403
Number of pages: 63 Posted: 07 Jan 2019
Marco Bassetto, Zhen Huo and Jose-Victor Rios-Rull
Federal Reserve Bank of Chicago, University of Minnesota - Minneapolis and University of Pennsylvania
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Capital-Income Taxation, Quasi-Geometric Discounting, Renegotiation, reputation, Time Inconsistency