Publications/Accepted Papers

• Investment-Goods Market Power and Capital Accumulation PDF Slides BibTeX

  joint with Fabio Bertolotti and Andrea Lanteri, Accepted subject to minor revisions, Journal of Monetary Economics

• Mind the Gap: The Market Price of Financial (In)Flexibility PDF BibTeX

  joint with Filippo Ippolito, Roberto Steri, and Claudio Tebaldi, Forthcoming, Journal of Finance

• Macro Shocks and Firm Dynamics with Oligopolistic Financial Intermediaries PDF Published Article BibTeX

  Forthcoming, Review of Economic Studies

• Government Debt Management and Inflation with Real and Nominal Bonds PDF Published Article Code BibTeX

  joint with Lukas Schmid and Vytautas Valaitis, Journal of Financial Economics, Vol. 182, August 2026, Article 104293

• The Evolving Core of Usable Macroeconomics for Policymakers PDF Published Article Slides Code BibTeX

  joint with Bart Hobijn and Jonas Fisher, AEA Papers and Proceedings, May 2025

• A Machine Learning Projection Method for Macro-finance Models PDF Published Article Code Simple Example Code BibTeX

  joint with Vytautas Valaitis, Quantitative Economics, Vol. 15, Issue 1, January 2024, Pages 145-173

• Capital and Labor Taxes with Costly State Contingency PDF Published Article Code BibTeX

  joint with Alex Clymo and Andrea Lanteri, Review of Economic Dynamics, Vol. 51, December 2023, Pages 943-964

• Optimal Procurement with Quality Concerns PDF Published Article Code Software 1 – Optimal LoLA Software 2 – Optimal Mechanism BibTeX

  joint with Nicola Persico and Giuseppe Lopomo, American Economic Review, Vol. 113, No. 6, June 2023, Pages 1505-19

• Optimal Financial Contracting and the Effects of Firm's Size PDF Published Article BibTeX

  joint with Sandro Brusco, Giuseppe Lopomo and Eva Ropero, RAND Journal of Economics, Vol. 52, Issue 2, Summer 2021, Pages 446-467

Working Papers

• Optimal Fiscal Policy with Endogenous Disaster Risk: How to Finance Defense Spending? PDF Slides Chicago Fed WP BibTeX

  joint with Vytautas Valaitis (updated July 2026)

• Fiscal Policy and the Saving Glut of the Rich PDF NBER WP BibTeX

  joint with Francesco Bianchi, Nicolò Ceneri, and Leonardo Melosi (updated September 2026)

• Neural Attention in Heterogeneous-Agent Economies PDF Chicago Fed WP BibTeX

  (updated August 2026)

• One Fed, Many Voices: Coordinated Communication vs. Transparent Debate PDF Slides Chicago Fed WP BibTeX

  joint with Leonardo Melosi, Milena Djourelova, and Filippo Ferroni (updated July 2026)

  Related articles: VOX EU (Oct 2025)  |  Chicago Fed Insights (Nov 2025)

• Sovereign Risk with Endogenous Debt Limits PDF Slides Chicago Fed WP BibTeX

  joint with Fernando Arce (updated September 2026)

• Taxing Entrepreneurs and Workers: A Linear Optimization Approach for Multidimensional Screening PDF Slides Chicago Fed WP BibTeX

  joint with Nicolò Ceneri, Giuseppe Lopomo, and Nicolas Werquin (updated June 2026)

• Dynamic Relationship Banking and the Equilibrium Cross-Section of Bank Markups PDF BibTeX

  joint with Nicolò Ceneri, Lukas Schmid, and Vytautas Valaitis (updated June 2026)

• On-the-Job Search and Inflation Under the Microscope PDF Chicago Fed WP BibTeX

  joint with Saman Darougheh, Renato Faccini, and Leonardo Melosi (updated June 2025)

Policy Publications

• The AI Revolution and Monetary Policy PDF Appendix Published Article Code BibTeX

  joint with Gadi Barlevy, Jonas D. M. Fisher, and Will Pennington, Chicago Fed Letter, Number 528, September 2026

• The Aftermath of the 2026 Oil Shock: Some Alternative Macroeconomic Scenarios PDF Appendix Published Article Code BibTeX

  joint with Jonas D. M. Fisher and Will Pennington, Chicago Fed Letter, Number 523, July 2026

• Communicating Monetary Policy by Committee: Echoes That Move Markets VOX EU Chicago Fed Insights BibTeX

  joint with Leonardo Melosi, Milena Djourelova, and Filippo Ferroni, VOX EU, October 2025, and Chicago Fed Insights, November 2025

• Inequality and Shocks to Firms' Pricing Decisions PDF Published Article BibTeX

  joint with Filippo Ferroni, Economic Perspectives, Number 6, 2024

Work in progress

• Investment-Goods Market Power: A Quantitative Framework with Heterogeneous Firms

  joint with Fabio Bertolotti and Andrea Lanteri

• The Rise of Shareholder Capitalism: Macroeconomic Implications

  joint with François Gourio

• Dynamic Optimal Procurement With Quality Concerns

  joint with Nicola Persico and Giuseppe Lopomo

Pre Econ PhD Publication

• A Lyapunov-stable, sensor-based model for real-time path-tracking among unknown obstacles PDF Published Article BibTeX

  joint with Antonio Sgorbissa, Andrea Vargiu and Renato Zaccaria, 2009 IEEE/RSJ International Conference on Intelligent Robots and Systems, Pages 2946-2951