Giorgio Primiceri

Recent Working Papers

Potential and Natural Output
     (with Alejandro Justiniano), June 2008

Investment Shocks and Business Cycles
     (with Alejandro Justiniano and Andrea Tambalotti), this version: July 2008
     Also available as CEPR discussion paper No. 6739

Inflation-Gap Persistence in the U.S.
      (with Timothy Cogley and Thomas Sargent), this version: April 2008
      Also available as NBER working paper No. 13749

Learning the Wealth of Nations
      (with Paco Buera and Alex Monge), September 2007

Predictable Life-Cycle Shocks, Income Risk and Consumption Inequality
     (with Thijs van Rens), February 2006. This version: August 2006
     Also available as CEPR discussion paper No. 5881

Intertemporal Disturbances
    (with Ernst Schaumburg and Andrea Tambalotti), October 2005. This version: April 2006
    Also available as NBER working paper No. 12243

Inequality over the Business Cycle: Estimating Income Risk using Micro-Data on Consumption
     (with Thijs van Rens), July 2002

Publications

The Time Varying Volatility of Macroeconomic Fluctuations (with Alejandro Justiniano)
      The American Economic Review, forthcoming.
      NBER working paper No. 12022 (January 2006 version)

Why Inflation Rose and Fell: Policymakers' Beliefs and US Postwar Stabilization Policy
     The Quarterly Journal of Economics, 121, August 2006, pp. 867-901
     Technical Appendix
     Longer version (February 2005)
     NBER working paper No. 11147

Comments on “Monetary Policy under Uncertainty,” by Levin, Onatski, Williams and Williams
     NBER Macroeconomics Annual 2005, pp. 289-296

Time Varying Structural Vector Autoregressions and Monetary Policy
     The Review of Economic Studies, 72, July 2005, pp. 821-852

Debt Maturity and the Reaction and Performance of Monetary Policy
     (with Carlo Favero and Alessandro Missale), in Alec Chrystal (ed.) Debt Structure and Monetary Conditions, 103-124, Bank of England and Mac Millan Press, 1999

Older Working Papers

A purely econometric approach to forecasting asset returns and portfolio allocation
August 2001

Recursive 'thick' modeling of excess returns and portfolio allocation
(with Marco Aiolfi and Carlo Favero), IGIER Working paper n.197, May 2001