Working Papers

 ► A Model of Slow Recoveries from Financial Crises  

          Press coverage in Real Time Economics at the Wall Street Journal

          Blog post at Liberty Street Economics

 ► Macroeconomic Effects of Banking Sector Losses across Structural Models, with L. Guerrieri, M. Iacoviello, F. Covas, J. Driscoll, M. Kiley, M. Jahan-Parvar and J. Sim 


         Journal of Monetary Economics (Carnegie-Rochester Series on Public Policy), forthcoming

► Financial Crises, Bank Risk Exposure and Government Financial Policy, with M. Gertler and  N. Kiyotaki

        Journal of Monetary Economics, vol. 59, Supplement, pp. S17-S34 [Online Appendix]


► "Implications of Shadow Bank Regulation for Monetary Policy at the Zero Lower Bound," by F. Mazelis,  Monetary Policy Implementation in the Long-Run, FRB Minneapolis, 2016

► "News Shocks under Financial Frictions," by C. Gortz, J. Tsoukalas and F. Zanetti, NBER Workshop on Methods and Applications for DSGE Models, FRB Chicago, 2016

► "Monetary Policy Implementation in an Interbank Network: Effects on Systemic Risk," by M. Bluhm, E. Faia and J. Krahnen, ECB Workshop on Non-Standard Monetary Policy Measures, 2014 [Slides]

► "Credit Spreads and Credit Policies," by I. Correia, F. De Fiore, P. Teles and O. Tristani, International Research Forum on Monetary Policy, Federal Reserve Board, 2014  [Slides]

► "Macroeconomic Effects of a Stable Funding Requirement," by C. Bloor, R. Craigie and A. Munro, Macroeconomic Modeling Workshop, Bank of Canada, 2011  [Slides]