Leonardo Melosi
About
Leonardo Melosi was the senior economist and economic advisor and executive director of the Center for Applied Macroeconomic Research in the economic research department of the Federal Reserve Bank of Chicago.
Bank Publications
Chicago Fed Letter
Economic Perspectives
Working papers
Working Papers
Selected External Publications
Journal Articles
With Francesco Bianchi,
Forthcoming, "Constrained Discretion and Central Bank Transparency," Review of Economics and Statistics.
With Francesco Bianchi, 2017, "Escaping the Great Recession,"
American Economic Review, Vol. 107, No. 4, pp. 1030-1058.
2017, "Signaling Effects of Monetary Policy,"
Review of Economic Studies, Vol. 84, No. 2, pp. 853-884.
With Jeffrey Campbell, Jonas Fisher and Alejandro Justiniano, 2017, "Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis,"
NBER Macroeconomics Annual 2016.
With Francesco Bianchi, 2016, "Modeling the Evolution of Expectations and Uncertainty in General Equilibrium,"
International Economic Review, Vol. 57, No. 2, May, pp. 717–756.
With Robert Barsky and Alejandro Justiniano, 2014, "The Natural Rate of Interest and Its Usefulness for Monetary Policy,"
American Economic Review, Vol. 104, No. 5, May, pp. 37-43.
2014, "Estimating Models with Dispersed Information,"
American Economic Journal: Macroeconomics, Vol. 6, No. 1, pp. 1-31.
With Francesco Bianchi, 2014, "Dormant Shocks and Fiscal Virtue,"
NBER Macroeconomics Annual 2013, Vol. 28, pp. 1-46.
