Giuseppe Ferrero

Bank of Italy

Head of the Editorial board of Temi di Discussione

Via Nazionale 91

Rome, 00184

Italy

SCHOLARLY PAPERS

21

DOWNLOADS
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2,990

SSRN CITATIONS
Rank 2,218

SSRN RANKINGS

Top 2,218

in Total Papers Citations

210

CROSSREF CITATIONS

372

Scholarly Papers (21)

1.

Unconventional Monetary Policy in Theory and in Practice

Bank of Italy Occasional Paper No. 102
Number of pages: 40 Posted: 05 Feb 2012
Martina Cecioni, Giuseppe Ferrero and Alessandro Secchi
Bank of Italy, Bank of Italy and Bank of Italy
Downloads 1,155 (26,223)
Citation 38

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Central bank, unconventional monetary policy, financial crisis, signalling channel, portfolio balance channel

2.

Determinants of TARGET2 Imbalances

Bank of Italy Occasional Paper No. 136
Number of pages: 29 Posted: 17 Nov 2012
Martina Cecioni and Giuseppe Ferrero
Bank of Italy and Bank of Italy
Downloads 252 (170,450)
Citation 13

Abstract:

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payment system, financial crisis, monetary policy

3.

Monetary-Fiscal Policy Interactions in the Euro Area

ECB Occasional Paper No. 2021/273
Number of pages: 130 Posted: 23 Sep 2021 Last Revised: 04 Feb 2022
International Monetary Fund (IMF) - Research Department, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, Banco de España, European Central Bank (ECB), European Central Bank (ECB), Morgan Stanley, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, Banco de España, European Central Bank (ECB), European Central Bank (ECB), Deutsche BundesbankEuropean Central Bank (ECB)University of Kiel, European Central Bank (ECB), European Central Bank, University of Bonn, European Central Bank (ECB), European Central Bank (ECB), University of Auckland, Banco de España, European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Goethe University Frankfurt, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), Banque de France, De Nederlandsche Bank, Bank of Italy, New University of Lisbon - Nova School of Business and Economics, Bank of Portugal, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank - Research Department, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB), University of Essex - Institute for Social and Economic Research (ISER) and European Central Bank (ECB)
Downloads 185 (227,003)

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Fiscal Policy, Monetary Policy, Monetary Union

On Secular Stagnation and Low Interest Rates: Demography Matters

ECB Working Paper No. 2088
Number of pages: 28 Posted: 31 Jul 2017
Giuseppe Ferrero, Marco Gross and Stefano Neri
Bank of Italy, International Monetary Fund (IMF) and Bank of Italy
Downloads 82 (414,409)

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secular stagnation; demographic developments; real interest rates; monetary policy

On Secular Stagnation and Low Interest Rates: Demography Matters

Bank of Italy Temi di Discussione (Working Paper) No. 1137
Number of pages: 36 Posted: 12 Oct 2017
Giuseppe Ferrero, Marco Gross and Stefano Neri
Bank of Italy, International Monetary Fund (IMF) and Bank of Italy
Downloads 51 (530,283)
Citation 92

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secular stagnation, demographic developments, real interest rates, monetary policy

5.

Policy Mix During a Pandemic Crisis: A Review of the Debate on Monetary and Fiscal Responses and the Legacy for the Future

Bank of Italy Occasional Paper No. 623
Number of pages: 58 Posted: 22 Jul 2021
Giuseppe Ferrero, Massimiliano Pisani and Martino Tasso
Bank of Italy, Bank of Italy and Bank of Italy
Downloads 122 (316,951)

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COVID 19, secular stagnation, monetary policy, fiscal policy

6.

The Eurosystem's Asset Purchase Programmes for Monetary Policy Purposes

Bank of Italy Occasional Paper No. 270
Number of pages: 22 Posted: 23 May 2015
Pietro Cova and Giuseppe Ferrero
Bank of Italy and Bank of Italy
Downloads 119 (322,610)
Citation 3

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unconventional monetary policy, inflation, monetary policy transmission mechanism, asset purchase programme

7.

Futures Contract Rates as Monetary Policy Forecasts

ECB Working Paper No. 979
Number of pages: 41 Posted: 23 Dec 2008
Giuseppe Ferrero and Andrea Nobili
Bank of Italy and Bank of Italy
Downloads 118 (324,502)
Citation 4

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monetary policy expectations, excess returns, futures contracts, business cycle

8.

Monetary Policy in a Low Interest Rate Environment

Bank of Italy Occasional Paper No. 392
Number of pages: 45 Posted: 21 Oct 2017
Giuseppe Ferrero and Stefano Neri
Bank of Italy and Bank of Italy
Downloads 114 (332,512)
Citation 3

Abstract:

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interest rates, natural rate, monetary policy, secular stagnation, financial cycle

9.

Clear, Consistent and Engaging: ECB Monetary Policy Communication in a Changing World

ECB Occasional Paper No. 2021/274
Number of pages: 91 Posted: 23 Sep 2021 Last Revised: 19 Jan 2022
European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General International and European Relations, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Bank of Italy, European Central Bank (ECB) - Directorate General Research, Národná banka Slovenska, European Central Bank (ECB) - Directorate General International and European Relations, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Banco de España, European Central Bank (ECB), Frankfurt School of Finance and Management, European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, Deutsche Bundesbank, Oesterreichische Nationalbank (OeNB), Bank of Greece, European Central Bank (ECB), European Central Bank (ECB), Bank of Greece, European Central Bank (ECB), European Central Bank (ECB), Bank of Slovenia, National Bank of Belgium, European Central Bank (ECB), Banque de France, Goethe University Frankfurt, Bank of Finland, Deutsche Bundesbank, Latvijas Banka, Deutsche BundesbankGoethe University Frankfurt - House of Finance, Banco de España, De Nederlandsche Bank, Národná banka Slovenska, Bank of Estonia, National Bank of Belgium, Central Bank of Cyprus and European Central Bank (ECB)
Downloads 109 (342,934)

Abstract:

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accountability, central bank, forward guidance, transparency, trust

10.

Is Deflation Good or Bad? Just Mind the Inflation Gap

Bank of Italy Occasional Paper No. 268
Number of pages: 16 Posted: 23 May 2015
Marco Casiraghi, Marco Casiraghi and Giuseppe Ferrero
Bank of ItalyInternational Monetary Fund (IMF) - International Capital Markets Department and Bank of Italy
Downloads 95 (375,124)
Citation 1

Abstract:

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monetary policy, unconventional monetary measures

11.

Short-Term Interest Rate Futures as Monetary Policy Forecasts

Bank of Italy Temi di Discussione (Working Paper) No. 681
Number of pages: 39 Posted: 15 Jul 2008
Giuseppe Ferrero and Andrea Nobili
Bank of Italy and Bank of Italy
Downloads 91 (385,380)
Citation 24

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futures rates, monetary policy, risk-premium

12.

The Announcement of Monetary Policy Intentions

Bank of Italy Temi di Discussione (Working Paper) No. 720
Number of pages: 64 Posted: 16 Dec 2009
Giuseppe Ferrero and Alessandro Secchi
Bank of Italy and Bank of Italy
Downloads 85 (401,684)
Citation 36

Abstract:

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monetary policy, communication, interest rates

13.

Technological progress and institutional adaptations: the case of the Central Bank Digital Currency (CBDC)

Bank of Italy Occasional Paper No. 690
Number of pages: 23 Posted: 16 May 2022
Riccardo De Bonis and Giuseppe Ferrero
Bank of Italy and Bank of Italy
Downloads 79 (419,157)

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central bank digital currency, history of money, payment system, digitalization, digital euro

14.

The Sectoral Distribution of Money Supply in the Euro Area

Bank of Italy Temi di Discussione (Working Paper) No. 627
Number of pages: 44 Posted: 25 May 2007
Giuseppe Ferrero, Andrea Nobili and Patrizia Passiglia
Bank of Italy, Bank of Italy and Bank of Italy
Downloads 68 (454,860)
Citation 23

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money holding sector, excess liquidity, money supply

15.

Deflationary Shocks and De-Anchoring of Inflation Expectations

Bank of Italy Occasional Paper No. 252
Number of pages: 25 Posted: 05 Apr 2015
Bank of Italy, Bank of Italy, Bank of Italy and Bank of Italy
Downloads 67 (458,382)
Citation 4

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expected inflation, incomplete information, learning

16.

Central Banks' Macroeconomic Projections and Learning

Bank of Italy Temi di Discussione (Working Paper) No. 782
Number of pages: 66 Posted: 08 Apr 2011
Giuseppe Ferrero and Alessandro Secchi
Bank of Italy and Bank of Italy
Downloads 47 (539,089)
Citation 24

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monetary policy, transparency, interest rates, learning, speed of convergence

17.

The Collateral Channel of Unconventional Monetary Policy

Bank of Italy Temi di Discussione (Working Paper) No. 1119
Number of pages: 48 Posted: 28 Aug 2017
Giuseppe Ferrero, Michele Loberto and Marcello Miccoli
Bank of Italy, Bank of Italy and Bank of Italy
Downloads 43 (558,440)
Citation 11

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unconventional monetary policy, secured interbank market, asset prices

18.

Informational Effects of Monetary Policy

Bank of Italy Temi di Discussione (Working Paper) No. 982
Number of pages: 40 Posted: 18 Feb 2015
Giuseppe Ferrero, Marcello Miccoli and Sergio Santoro
Bank of Italy, Bank of Italy and Bank of Italy
Downloads 40 (573,729)
Citation 13

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imperfect information, endogenous information, learning, monetary policy

19.

Benefits of Gradualism or Costs of Inaction? Monetary Policy in Times of Uncertainty

Bank of Italy Temi di Discussione (Working Paper) No. 1205, February 2019
Number of pages: 38 Posted: 02 Aug 2019
Giuseppe Ferrero, Mario Pietrunti and Andrea Tiseno
Bank of Italy, Bank of Italy and Bank of Italy
Downloads 32 (618,581)
Citation 5

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optimal monetary policy, parameter uncertainty, asymmetric information, natural rate of interest, Phillips curve

20.

Central Bank’s Macroeconomic Projections and Learning

National Bank of Poland Working Paper No. 72
Number of pages: 50 Posted: 23 Jan 2011 Last Revised: 30 Jan 2011
Giuseppe Ferrero and Alessandro Secchi
Bank of Italy and Bank of Italy
Downloads 26 (657,989)
Citation 13

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Monetary policy, Communication, Interest rates, Learning, Speed of Convergence

21.

Credit Risk-Taking and Maturity Mismatch: The Role of the Yield Curve

Bank of Italy Temi di Discussione (Working Paper) No. 1220, April 2019
Number of pages: 50 Posted: 06 Aug 2019
Giuseppe Ferrero, Andrea Nobili and Gabriele Sene
Bank of Italy, Bank of Italy and Bank of Italy
Downloads 10 (791,805)
Citation 4

Abstract:

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yield curve, risk-taking channel, reach-for-yield