Luca Dedola

Bank of Italy

Via Nazionale 91

Rome, 00184

Italy

European Central Bank (ECB)

Sonnemannstrasse 22

Frankfurt am Main, 60314

Germany

SCHOLARLY PAPERS

30

DOWNLOADS
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Top 24,475

in Total Papers Downloads

3,669

SSRN CITATIONS
Rank 940

SSRN RANKINGS

Top 940

in Total Papers Citations

458

CROSSREF CITATIONS

1,068

Scholarly Papers (30)

1.

Monetary Policy and its Transmission in a Globalised World

ECB Working Paper No. 20202407
Number of pages: 71 Posted: 13 May 2020
European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB) - Directorate General Research
Downloads 578 (82,119)
Citation 19

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international monetary policy coordination, international shock transmission, monetary policy shocks, monetary policy spillovers

2.

From the Erm to the Euro: New Evidence on Economic and Policy Convergence Among EU Countries

Number of pages: 34 Posted: 10 Dec 2002
Ignazio Angeloni and Luca Dedola
Italian Finance Ministry - International Financial Relations and Bank of Italy
Downloads 565 (84,551)
Citation 14

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EMU; Optimum Currency Areas; Monetary Policy Rules

DSGE Models of High Exchange-Rate Volatility and Low Pass-Through

FRB International Finance Discussion Paper No. 845
Number of pages: 48 Posted: 26 Nov 2005
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 311 (167,256)
Citation 32

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International Business Cycles, exchange-rate volatility, international transmission, pass-through, DSGE models

DSGE Models of High Exchange-Rate Volatility and Low Pass-Through

CEPR Discussion Paper No. 5377
Number of pages: 48 Posted: 20 Feb 2006
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 22 (890,647)
Citation 25
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International business cycle, exchange rate volatility, pass-through, international transmission, DSGE models

4.

Digitalisation: Channels, Impacts and Implications for Monetary Policy in the Euro Area

ECB Occasional Paper No. 2021/266
Number of pages: 164 Posted: 23 Sep 2021 Last Revised: 13 Jan 2022
European Central BankECB, Banque de France, HEC Paris - Economics & Decision Sciences, European Central Bank (ECB) - Directorate General Economics, European Central Bank (ECB), European Central Bank (ECB), Bank of Italy, Banco de España, European Central Bank (ECB), Bank of Italy, Bank of Italy, European Central Bank (ECB), Bank of Finland, European Central Bank (ECB), Deutsche Bundesbank, Banco de España, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB)CEPR, European Central Bank (ECB), Bank of Greece - Economic Research Department, European Central Bank, Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 266 (197,757)

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COVID-19, inflation, labour markets, measurement, productivity

International Risk-Sharing and the Transmission of Productivity Shocks

Number of pages: 57 Posted: 19 May 2004
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 177 (289,199)
Citation 55

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Incomplete asset markets, distribution margin, consumption-real exchange rate anomaly

International Risk Sharing and the Transmission of Productivity Shocks

Number of pages: 49 Posted: 01 Feb 2005
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 26 (852,989)
Citation 5
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Incomplete asset markets, distribution cost, consumption-real exchange rate correlation puzzle

6.

An Assessment of Regional Risk Sharing in Italy and the United Kingdom

Number of pages: 39 Posted: 08 Jun 1998
Luca Dedola, Stefano Usai and Marco Vannini
Bank of Italy, Universita di Cagliari and Università degli Studi di Sassari
Downloads 202 (257,332)

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7.
Downloads 188 (275,766)

Digitalisation and the Economy

ECB Working Paper No. 2023/2809
Number of pages: 40 Posted: 26 Apr 2023
Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB) and European Central Bank (ECB) - Directorate General Research
Downloads 139 (356,542)

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competition, digitalisation, e-commerce, fintech, inequality

Digitalisation and the Economy

ECB Working Paper No. 2023/20
Number of pages: 40 Posted: 03 Oct 2023
Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB) and European Central Bank (ECB) - Directorate General Research
Downloads 37 (761,476)

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competition, digitalisation, e-commerce, fintech, inequality

Digitalisation and the Economy

ECB Working Paper No. 2023/23
Number of pages: 40 Posted: 08 Nov 2023
Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB) and European Central Bank (ECB) - Directorate General Research
Downloads 12 (994,804)

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competition, digitalisation, e-commerce, fintech, inequality

Does a Big Bazooka Matter? Central Bank Balance-Sheet Policies and Exchange Rates

ECB Working Paper No. 2197
Number of pages: 42 Posted: 16 Nov 2018
Bank of Italy, European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 119 (399,622)

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quantitiative easing, interest rate parity condition, CIP deviations

Does a Big Bazooka Matter? Central Bank Balance-Sheet Policies and Exchange Rates

Globalization and Monetary Policy Institute Working Paper No. 350
Number of pages: 41 Posted: 27 Nov 2018 Last Revised: 29 Apr 2020
Bank of Italy, European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 65 (590,294)

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Quantitative easing, interest rate parity condition, CIP deviations

9.
Downloads 175 (292,247)
Citation 29

Macroeconomics of International Price Discrimination

Number of pages: 62 Posted: 16 May 2003
Giancarlo Corsetti and Luca Dedola
European University Institute and Bank of Italy
Downloads 154 (326,121)
Citation 7

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Exchange rate pass-through, wholesale and retail services, nominal rigidities, optimal cyclical monetary policy, international cooperation

Macroeconomics of International Price Discrimination

Number of pages: 47 Posted: 14 Feb 2003
Giancarlo Corsetti and Luca Dedola
European University Institute and Bank of Italy
Downloads 21 (900,674)
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Wholesale and retail prices, international cooperation, exchange rate pass-through, nominal rigidities

What Does a Technology Shock Do? A VAR Analysis with Model-Based Sign Restrictions

ECB Working Paper No. 705, Bank of Italy Economic Research Paper No. 607
Number of pages: 57 Posted: 28 Dec 2006
Luca Dedola and Stefano Neri
Bank of Italy and Bank of Italy
Downloads 134 (364,837)

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Technology shocks, DSGE models, Bayesian VAR methods, Identification

What Does a Technology Shock Do? A VAR Analysis with Model-Based Sign Restrictions

Number of pages: 63 Posted: 30 Sep 2004
Luca Dedola and Stefano Neri
Bank of Italy and Bank of Italy
Downloads 36 (769,180)
Citation 16
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Technology shocks, DSGE models, Bayesian VAR methods, impulse responses

11.

The Ecb's Price Stability Framework: Past Experience, and Current and Future Challenges

ECB Occasional Paper No. 2021269
Number of pages: 128 Posted: 23 Sep 2021 Last Revised: 18 Nov 2021
Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), Banque de France - Centre de Recherche, Bank of Latvia, ECB -DG Monetary Policy, De Nederlandsche Bank, European Central Bank (ECB), Bank of Portugal, European Central Bank (ECB), European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), Banque de France, Bank of Finland - Research, Central Bank of Cyprus, Deutsche BundesbankEuropean Central Bank (ECB)University of Kiel, European Central BankECB, European Central Bank (ECB), Central Bank of Ireland, Banco de España, Bank of Italy, Deutsche Bundesbank, Deutsche Bundesbank, Banque de France, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, European Central Bank, University of St. Gallen, European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), Bank of Finland, Central Bank of Ireland, European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), Národná banka Slovenska, European Central Bank (ECB), European Central Bank (ECB), Banque de France, Deutsche Bundesbank, Bank of Greece, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Frankfurt School of Finance & Management, European Central Bank, European Central Bank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, National Bank of Belgium, Bank of Italy and Bank of Italy
Downloads 137 (357,714)
Citation 1

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effective lower bound, euro area, European Central Bank, monetary policy strategy, price stability

Macroeconomic Stabilization, Monetary-Fiscal Interactions, and Europe's Monetary Union

ECB Working Paper No. 1988
Number of pages: 28 Posted: 03 Feb 2017
European University Institute, Bank of Italy, European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 118 (402,094)
Citation 2

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Lower Bound on Nominal Interest Rates, Self-fulfilling Sovereign Default, Eurobond, Government Bonds, Joint Analysis of Fiscal and Monetary Policy

Macroeconomic Stabilization, Monetary-Fiscal Interactions, and Europe's Monetary Union

CEPR Discussion Paper No. DP12371
Number of pages: 27 Posted: 16 Oct 2017
European University Institute, Bank of Italy, European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 1 (1,093,101)
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eurobond, Government bonds, Joint Analysis of Fiscal and Monetary Policy, Lower Bound on Nominal Interest Rates, Self-Fulfilling Sovereign Default

13.

US Imbalances: The Role of Technology and Policy

ECB Working Paper No. 719
Number of pages: 42 Posted: 27 Jan 2007
Rudolfs Bems, Luca Dedola and Frank Smets
International Monetary Fund (IMF), Bank of Italy and European Central Bank (ECB)
Downloads 94 (469,403)
Citation 2

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global imbalances, open economy, VARs

14.

Tax Thy Neighbour: Corporate Tax Pass-Through into Downstream Consumer Prices in a Monetary Union

ECB Working Paper No. 2022/2681
Number of pages: 43 Posted: 14 Jul 2022
Luca Dedola, Chiara Osbat and Timo Reinelt
Bank of Italy, European Central Bank (ECB) and University of Mannheim
Downloads 72 (550,546)

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corporate taxes, imperfect competition, producer pass-through to retail prices, vertical interactions

Productivity, External Balance and Exchange Rates: Evidence on the Transmission Mechanism Among G7 Countries

NBER Working Paper No. w12483
Number of pages: 67 Posted: 04 Oct 2006 Last Revised: 12 Aug 2022
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 50 (672,124)
Citation 4

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Productivity, External Balance and Exchange Rates: Evidence on the Transmission Mechanism Among G7 Countries

CEPR Discussion Paper No. 5853
Number of pages: 61 Posted: 14 Dec 2006
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 22 (890,647)
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International transmission mechanism, net exports, terms of trade, real exchange rates, VAR, long-run restrictions, US current account

16.

Debt Seniority and Sovereign Debt Crises

IMF Working Paper No. 18/104
Number of pages: 44 Posted: 01 Aug 2018
Anil Ari, Giancarlo Corsetti and Luca Dedola
International Monetary Fund, European University Institute and Bank of Italy
Downloads 58 (615,209)

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Debt crises; Sovereign default; Seniority; Eurobonds; Multiple equilibria; Self-fulfilling expectations, Debt crises, Sovereign default, Seniority, Eurobonds, Multiple equilibria, Self-fulfilling expectations, International Lending and Debt Problems, Asset Pricing

17.

Traded and Nontraded Goods Prices, and International Risk Sharing: An Empirical Investigation

Banco de Espana Working Paper No. 1242
Number of pages: 68 Posted: 02 Jan 2013
European University Institute, Bank of Italy and Banco de España
Downloads 50 (658,271)

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incomplete markets, Harrod-Balassa-Samuelson effect, consumption-real exchange rate anomaly, terms of trade, international transmission mechanism

18.

Some Implications of Micro Price-Setting Evidence for Inflation Dynamics and Monetary Transmission

ECB Occasional Paper No. 2023/321
Number of pages: 37 Posted: 19 Jul 2023
Bank of Italy, Banque de France - Centre de Recherche, European Central Bank (ECB)CEPR, European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 48 (669,861)
Citation 2

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heterogeneity, price Phillips curve, real and nominal rigidities, state-dependent price setting and non-linearities

The International Risk-Sharing Puzzle is at Business-Cycle and Lower Frequency

Banco de Espana Working Paper No. 1212
Number of pages: 34 Posted: 23 Feb 2012
European University Institute, Bank of Italy and Banco de España
Downloads 41 (731,821)
Citation 47

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consumption-exchange rate anomaly, incomplete markets, frequency domain analysis

The International Risk-Sharing Puzzle is at Business Cycle and Lower Frequency

CEPR Discussion Paper No. DP8355
Number of pages: 41 Posted: 04 May 2011
European University Institute, Bank of Italy and Banco de España
Downloads 3 (1,076,331)
Citation 2
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Incomplete markets, International Risk-Sharing, Spectral Analysis

Optimal Monetary Policy and the Sources of Local-Currency Price Stability

NBER Working Paper No. w13544
Number of pages: 57 Posted: 31 Oct 2007 Last Revised: 06 Jul 2022
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 35 (776,899)
Citation 1

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Optimal Monetary Policy and the Sources of Local-Currency Price Stability

CEPR Discussion Paper No. DP6557
Number of pages: 59 Posted: 05 Jun 2008
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 5 (1,061,138)
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exchange rate pass-through, optimal monetary policy, price discrimination, price dispersion, real exchange rates

Traded and Nontraded Goods Prices, and International Risk Sharing: An Empirical Investigation

NBER Working Paper No. w17501
Number of pages: 62 Posted: 14 Oct 2011 Last Revised: 28 Apr 2023
European University Institute, Bank of Italy and Banco de España
Downloads 23 (881,014)

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Traded and Nontraded Goods Prices, and International Risk Sharing: An Empirical Investigation

CEPR Discussion Paper No. DP8613
Number of pages: 64 Posted: 01 Nov 2011
European University Institute, Bank of Italy and Banco de España
Downloads 3 (1,076,331)
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consumption-real exchange rate anomaly, Harrod-Balassa-Samuelson effect, incomplete markets, international transmission mechanism, terms of trade

22.

Exchange Rate Misalignment and External Imbalances: What is the Optimal Monetary Policy Response?

ECB Working Paper No. 2023/2843
Number of pages: 107 Posted: 30 Aug 2023
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 15 (930,419)

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asset markets and risk sharing, currency misalignment, exchange rate pass-through, international policy cooperation, optimal targeting rules, trade imbalances

23.

The Mystery of the Printing Press: Self-Fulfilling Debt Crises and Monetary Sovereignty

CEPR Discussion Paper No. DP9358
Number of pages: 45 Posted: 26 Feb 2013
Giancarlo Corsetti and Luca Dedola
European University Institute and Bank of Italy
Downloads 12 (960,429)
Citation 1
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Debt monetization, Lender of last resort, Seigniorage, Sovereign risk and default

24.

Optimal Monetary Policy in Open Economies

CEPR Discussion Paper No. DP8069
Number of pages: 92 Posted: 22 Nov 2010
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 8 (997,189)
Citation 38
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Asset markets and risk sharing, Currency misalignments, Demand Imbalances, International Policy Cooperation, Optimal targeting Rules, Pass-through

25.

The International Dimension of Productivity and Demand Shocks in the US Economy

CEPR Discussion Paper No. DP7003
Number of pages: 53 Posted: 18 Dec 2008
European University Institute, Bank of Italy and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 5 (1,021,066)
Citation 10
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consumption risk sharing, International transmission mechanism, sign restrictions, structural VAR, US dollar real exchange rate

26.

U.S. Imbalances: The Role of Technology and Policy

CEPR Discussion Paper No. DP6110
Number of pages: 38 Posted: 16 May 2008
Rudolfs Bems, Luca Dedola and Frank Smets
International Monetary Fund (IMF), Bank of Italy and European Central Bank (ECB)
Downloads 3 (1,034,557)
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Global imbalances, open economy, VARs

27.

Making Waves: Monetary Policy and its Asymmetric Spillovers in a Globalised World

CEPR Discussion Paper No. DP16134
Number of pages: 44 Posted: 14 May 2021
European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB) - Directorate General Research
Downloads 2 (1,041,526)
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28.

Does a Big Bazooka Matter? Quantitative Easing Policies and Exchange Rates

CEPR Discussion Paper No. DP14324
Number of pages: 65 Posted: 29 Jan 2020
Bank of Italy, European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 0 (1,057,954)
Citation 6
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CIP Deviations, QE Dynamic Effects, Signalling Channel of QE

29.

Exchange Rate Misalignment, Capital Flows, and Optimal Monetary Policy Trade-Offs

CEPR Discussion Paper No. DP12850
Number of pages: 47 Posted: 12 Apr 2018
European University Institute, Bank of Italy and Government of Canada - Bank of Canada
Downloads 0 (1,057,954)
Citation 6
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asset markets and risk sharing, Currency misalignments, exchange rate pass-through, international policy cooperation, optimal targeting rules, trade imbalances

30.

The 'Mystery of the Printing Press' Monetary Policy and Self-Fulfilling Debt Crises

CEPR Discussion Paper No. DP11089
Number of pages: 51 Posted: 17 Feb 2016
Giancarlo Corsetti and Luca Dedola
European University Institute and Bank of Italy
Downloads 0 (1,057,954)
Citation 25
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Inflationary financing, Lender of last resort, Seigniorage, Sovereign risk and default