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Francesco Grigoli
Researcher at International Monetary Fund
Publications - 132
Citations - 2218
Francesco Grigoli is an academic researcher from International Monetary Fund. The author has contributed to research in topics: Monetary policy & Inflation targeting. The author has an hindex of 18, co-authored 125 publications receiving 1609 citations. Previous affiliations of Francesco Grigoli include University of Potsdam & Stanford University.
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Power it up: Strengthening the electricity sector to improve efficiency and support economic activity
TL;DR: In this paper, the authors proposed a number of models that account for different equilibria (some better, some worse) of the electricity sector, showing how policy choices (affecting insolvency prospects or related to rules for electricity dispatching or tariff setting), stochastic generation costs, and initial conditions, affect investment in generation and electricity supply.
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Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock
TL;DR: In this paper, the authors exploit the May 2013 taper tantrum in the United States to study the reaction of 18 large emerging markets to an external shock, conditioning on their degree of inflation expectations' anchoring.
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Is Unemployment on Steroids in Advanced Economies
TL;DR: In this paper, the effects of demand shocks allowing for cross-country heterogeneous dynamics, and exploit such heterogeneity to investigate what institutional settings have the potential to soften or amplify the effects from demand shocks.
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Output Gap Uncertainty and Real-Time Monetary Policy
TL;DR: In this paper, the authors show that a large proportion of the deviation of inflation from target is due to the uncertainty in the initial output gap estimates, and that only a small share of output gap revisions is predictable based on output dynamics, data quality, and policy frameworks.
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Output Gap Uncertainty and Real-Time Monetary Policy
TL;DR: In this article, the authors show that a large proportion of the deviation of inflation from target is explained by output gap estimates, suggesting that this information is not accounted for in real-time policy decisions.