Macroeconomic and monetary theory, including open-economy issues. More specifically: dynamic general equilibrium models with imperfect competition and nominal rigidities, including staggered prices or wages; overlapping-generations models; macroeconomic policy questions.
"Output Persistence from Monetary Shocks with Staggered Prices or Wages under a Taylor Rule" (with Sebastiano Daros), Economics Letters
105(2) (2009), 148-151
“Perpetual Youth and Endogenous Labour Supply: A Problem and a Possible Solution” (with Guido Ascari), Journal of Macroeconomics 29(4) (2007), 708-723
“Optimal Monetary Policy When Lump-Sum Taxes Are Unavailable: A Reconsideration of the Outcomes Under Commitment and Discretion” (with Martin Ellison), Journal of Economic Dynamics and Control, 31(1) (2007), 219-243
“A Small Open Economy with Staggered Wage Setting and Intertemporal Optimisation: The Basic Analytics” (with John Fender), The Manchester School, 71(4) (2003), 396-416
“Maximum Sustainable Government Debt in the Overlapping Generations Model” (with Barbara Roffia), The Manchester School, 71(3) (2003), 217-241
“Staggered Wages and Output Dynamics Under Disinflation” (with Guido Ascari), Journal of Economic Dynamics and Control, 26(4) (2002), 653-680
Director, Graduate School in Economics.