G
Giorgio Topa
Researcher at Federal Reserve Bank of New York
Publications - 95
Citations - 5874
Giorgio Topa is an academic researcher from Federal Reserve Bank of New York. The author has contributed to research in topics: Inflation & Monetary policy. The author has an hindex of 29, co-authored 92 publications receiving 5224 citations. Previous affiliations of Giorgio Topa include Institute for the Study of Labor & University of Chicago.
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Searching for Higher Wages
TL;DR: In the wake of such a decline, real wages grow since there is more competition for workers among potential employers as discussed by the authors, but real wage growth more recently has not been commensurate with observed declines in the unemployment rate.
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Neighborhood and Network Effects
Giorgio Topa,Yves Zenou +1 more
TL;DR: In this paper, the authors provide an overview of research on neighborhoods and social networks and their role in shaping behavior and economic outcomes, including the identification problems in peer, neighborhood and network effects and policy implications of integrating the social and the geographical space, especially for ethnic minorities.
Journal ArticleDOI
The Curious Case of the Rise in Deflation Expectations
Olivier Armantier,Gizem Koşar,Jason Somerville,Giorgio Topa,H. W. van der Klaauw,John A. Williams +5 more
TL;DR: The authors studied the behavior of U.S. consumers' inflation expectations during the high inflation period of 2021-22 using data from the Survey of Consumer Expectations and found that respondents with deflation expectations tend to expect prices to mean revert and are more optimistic about the economic outlook.
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Rethinking the measurement of household inflation expectations: Preliminary findings
TL;DR: The authors reported preliminary findings from a Federal Reserve Bank of New York research program aimed at improving survey measures of inflation expectations, finding that seemingly small differences in how inflation is referred to in a survey can lead respondents to consider significantly different price concepts.
ReportDOI
Estimates of cost-price passthrough from business survey data
Keshav Dogra,Sebastian Heise,Edward S. Knotek,Brent Meyer,Robert Ritch,Raphael Schoenle,Giorgio Topa,Wilbert van der Klaauw,Wändi Bruine de Bruin +8 more
TL;DR: This article examined businesses' price-setting practices via open-ended interviews and in a quantitative survey module with business contacts from the Federal Reserve banks of Atlanta, Cleveland, and New York in December 2022 and January 2023.