Gianluca Benigno
Reader
Department of
London School of Economics
Houghton Street
Contact details:
London School of Economics
Houghton Street, R426
London, WC2A 2AE
Phone: +44 (0)20 7955 7807
Fax: +44 (0)20 79557595
Email: g.benigno@lse.ac.uk
Office hours: Monday 3-5
RESEARCH:
Publications:
·
“Equilibrium
Exchange Rate and Supply-Side Perfomance”,
(with C. Thoenissen), Economic Journal, 2003,
vol. 113, no. 486, pp. 103-24.
·
“Price
Stability in Open Economies”, (with P. Benigno)
Review of Economic Studies, 2003, vol. 70(4), no 245, pp.
743-65.
·
“Real Exchange
Rate Persistence and Monetary Policy Rules”, Journal of Monetary
Economics, 2004, vol.51, pp. 473-502. Technical
Appendix.
·
“Designing Targeting
Rules for International Monetary Policy Cooperation”, (with P.
Benigno), Journal of Monetary Economics, 2006, vol. 53, pp.473-506. Technical
Appendix.
·
“Implementing
International Monetary Cooperation through Inflation Targeting”, (with P.Benigno), Macroeconomic Dynamics, Volume 12, April 2008, pages 45-59.
·
“Interest Rate Rules for
Fixed Exchange Regimes”, (with P. Benigno and F. Ghironi), Journal
of Economic Dynamics and Control, Volume 31, Issue 7, July 2007, pages
2196-2211.
·
“Exchange Rate
Determination under Interest Rate Rules”, (with P. Benigno), Journal
of International Money and Finance, Volume 27, Issue 6, October 2008, Pages
971-993. (related Technical
Appendix).
·
“Consumption and Real
Exchange Rates with Incomplete Markets and Non-traded Goods”, (with C. Thoenissen), Journal of International Money and Finance,
Volume 27, Issue 6, October 2008, Pages 926-948.
·
“Capital Flows and Asset
Prices”, (with K. Aoki and N. Kiyotaki), NBER International Seminar on Macroeconomics 2007, edited by R. Clarida and F. Giavazzi, University of Chicago Press.
·
“On
the International Dimension of Fiscal Policy”, (with B. De Paoli), Journal of Money, Credit and Banking,
Volume 42, Issue 8, pages 1523-1542, December 2010.
·
“Risk, Monetary
Policy and the Exchange
Rate”, (with P. Benigno and S. Nistico’)
NBER Macro Annual 2011.
·
“Portfolio
allocation and International Risk Sharing” (with H. Kucuk-Tuger), Canadian
Journal of Economics, Volume 45, No 2, May 2012
Other Published Papers
“Revisiting Overborrowing
and its Policy Implications” (with H.
Chen, C. Otrok, A. Rebucci, E. Young), in Monetary
Policy under Financial Turbulence,
(eds. Luis Cespedes, Roberto Chang and Diego Saravia),
Comments and Discussion:
·
“Comment” on "Can
Endogenous Changes in Price Flexibility Alter the
Relative Welfare Performance of Exchange Rate Regimes" by O. Senay and A. Sutherland in Richard H. Clarida, Jeffrey A. Frankel, Francesco Giavazzi and Kenneth
D. West, NBER International Seminar on
Macroeconomics 2004, MIT press.
·
“Comment” on "Expectations, Monetary Policy, and the Misalignment
of Traded Goods Prices " by M. Devereux and C. Engel in Richard H. Clarida, Francesco
Giavazzi, NBER International Seminar on
Macroeconomics 2007, University of Chicago Press.
· “Challenges for the Dollar as a Reserve Currency” in Beyond the Dollar: Rethinking the International Monetary System, Chatham House Report, Edited by Paola Subacchi and John Driffill, March 2010]
·
“Are Macro-Prudential Policies
Prudent?”, Vox EU column
(with H. Chen, C. Otrok, A. Rebucci, E. Young), August 2010.
Work in progress:
·
“Second-Order
Approximation of Dynamic Models with Time-Varying Risk”, (with P. Benigno and S. Nistico’), December 2010.
·
“Financial Crises and
Macro-Prudential Policies”, (with H. Chen, C. Otrok, A. Rebucci,
E. Young), December 2010
·
“Adjusting to Capital
Account Liberalization”,
(with K. Aoki and
·
“Financial Crises and Macro-Prudential Policies” ((with
H. Chen, C. Otrok, A. Rebucci, E. Young) November 2010
·
“Monetary and Macro-Prudential Policies: an Integrated
Analysis”, ((with H. Chen, C. Otrok, A. Rebucci, E. Young) December
2011
TEACHING (2011/2012):
EC421 International Economics
(Macro option) (Lent Term): Syllabus
EC532 International Economics for
Research Students (Macro option) (Lent Term):
Syllabus