Persona
Lippi Francesco
Docenti di ruolo di Ia fascia
Altro personale docente
Altro personale docente
Course Catalogue:
Curriculum Vitae
Francesco Lippi
Professor of Economics , LUISS University
Research Fellow, Einaudi Institute for Economics and Finance (EIEF)
Research Interests
Macroeconomics, Monetary Economics
Employment
- Professor of Economics, LUISS 2018-
- Professor of Economics at the University of Sassari, 2006-2018
- Head of Monetary Analysis Unit, Research Department, Bank of Italy, 2003–2006
- Economist, Research Department, Bank of Italy, 1996-2002
Education
- PhD in Economics (1992-1997), Tinbergen Institute / Erasmus University Rotterdam
- Laurea (summa cum Laude), Università Luigi Bocconi, Milan, Economics
Editorial Board and Committees
- 2018: Joint Managing Editor of The Economic Journal 2019-
- 2018: Review CREI economics department
- 2016: Member of the Experts Panel (GEV) for the Italian Research assessment exercise 2011-2014
- 2013: Member of the scientific committee of the Italian Banking, Insurance and Finance Federation
- 2005: Associate Editor of the International Journal of Central Banking, 2005-
Honors and Fellowships
- 2013: ERC Advanced Research Grant 2011 (Principal Investigator, 1.9 Mil. euros)
- 2012: National grant by the Italian Ministry of Education (PRIN 2011, National coordinator, 500K)
- 2012: Winner of the 16th Fondation Banque de France Prize, (30K euro)
- 2009: Winner of the 13th Fondation Banque de France Prize, (30K euro)
- 2008: National grant by the Italian Ministry of Education (PRIN 2008, 40K euro)
- 2007: EIEF Fellow
- 2007 Winner of the University of Sassari Productivity Prize
- 2006: CEPR Fellow
- 2004 Winner of the CEPR/ESI prize Best Central Bank Research Paper, 2004
- 2002 Visiting Scholar at the Hoover Institution - Stanford University
Publications in Refereed Journals
Alvarez, Fernando, Francesco Lippi and Roberto Robatto, “Cost of Inflation in Inventory Theoretical Models”, Review of Economic Dynamics, forthcoming
Alvarez, Fernando, Francesco Lippi and Luigi Paciello, “Monetary shocks in models with observation and menu costs”, Journal of the European Economic Association , 2018, Vol. 16 (2), 353-382.
Alvarez, Fernando and Francesco Lippi, “Cash burns: an inventory model with a cash-credit choice” , Journal of Monetary Economics , 2017, Vol. 90: 99-112.
Alvarez, Fernando, Herve Le Bihan, and Francesco Lippi, “The real effects of monetary shocks in sticky price models: a sufficient statistic approach”, American Economic Review, 2016, Vol. 106(10): 2817–2851.
Alvarez, Fernando, Francesco Lippi, and Juan Passadore. 2016. “Are State and Time dependent models really different?”, NBER Macroeconomics Annual, Volume 31, 379-457.
Alvarez, Fernando , Francesco Lippi and Luigi Paciello, “Monetary shocks in models with inattentive producers”, Review of Economic Studies, 2016, Vol. 83, 421-459.
Lippi, Francesco Stefania Ragni and Nicholas Trachter, “Optimal monetary policy with heterogeneous money holdings”, Journal of Economic Theory, 2015, Vol. 159: 339-368.
Lippi, Francesco and Fabiano Schivardi, “Corporate Control and Executives’ Selection”, Quantitative Economics, 2014,Vol. 5, 417-456.
Alvarez, Fernando and Francesco Lippi, “Price setting with menu cost for multi-product firms”, Econometrica , 2014, Vol 82, No. 1: 89-135.
Alvarez, Fernando and Francesco Lippi, “Persistent Liquidity Effect and Long Run Money Demand”, American Economic Journal - Macroeconomics, 2014, Vol.6(2): 1-39.
Alvarez, Fernando and Francesco Lippi, “The demand of liquid assets with uncertain lumpy expenditures”, Journal of Monetary Economics , 2013, Vol. 60, 753-770.
Alvarez, Fernando, Luigi Guiso and Francesco Lippi, “Durable consumption and asset management with transaction and observation costs”, American Economic Review, 2012, Vol. 102, No. 5: 2272-2300.
Lippi, Francesco and Andrea Nobili, “Oil and the macroeconomy: a quantitative structural analysis”, Journal of the European Economic Association , 2012, Vol 10(5): 1059-83.
Alvarez, Fernando, Francesco Lippi and Luigi Paciello, “Optimal price setting with observation and menu costs” , Quarterly Journal of Economics , 2011, Vol. 126, No.4: 1909-60.
Alvarez, Fernando and Francesco Lippi, “Financial innovation and the transactions demand for cash”, Econometrica , 2009, Vol. 77 , No. 2: 363-402.
Lippi, Francesco and Alessandro Secchi, “Technological change and the households’ demand for currency”, Journal of Monetary Economics, 2009, Vol. 56, No. 2: 222-30.
Angelini, Paolo and Francesco Lippi, “Did prices really soar after the euro changeover? Evidence from ATM withdrawals”, International Journal of Central Banking, 2007, Vol. 3(4): 1-22.
Lippi, Francesco and Stefano Neri, “Information variables for monetary policy in an estimated structural model of the euro area”, Journal of Monetary Economics, 2007, Vol. 54 (4): 1256-70.
Fuchs, William and Francesco Lippi, “Monetary Union with Voluntary Participation”, Review of Economic Studies, 2006, Vol. 73: 437-57.
Cukierman, Alex and Francesco Lippi, “Endogenous Monetary Policy with Unobserved Potential Output”, Journal of Economic Dynamics and Control, 2005, Vol. 29:1951-1983.
Dedola, Luca and Francesco Lippi, “The monetary transmission mechanism: evidence from the industries of 5 OECD countries”, European Economic Review, 2005, Vol. 49(6): 1543-69.
Gaiotti, Eugenio and Francesco Lippi, “Pricing behavior and the introduction of the euro: evidence from a panel of restaurants”, Giornale degli Economisti e Annali di Economia, 2004, Vol. 63(3/4):491-526.
Lippi, Francesco, “Strategic Monetary Policy with Non-Atomistic Wage Setters”, Review of Economic Studies, 2003, Vol. 70(4):909-19.
Lippi, Francesco, “Revisiting the Case for a Populist Central Banker”, European Economic Review, 2002, Vol.46:601-12.
Cukierman, Alex and Francesco Lippi, “Labor Markets and Monetary Union: A Strategic Analysis”, Economic Journal, 2001, Vol.111:541-65.
Lippi, Francesco, “Median Voter Preferences, Central Bank Independence and Conservatism”, Public Choice, 2000, Vol. 105(3/4):323-338.
Cukierman, Alex and Francesco Lippi, “Central Bank Independence, Centralization of Wage Bargaining, Inflation and unemployment - Theory and Some Evidence”, European Economic Review, 1999, Vol. 43(7):1395-434.
Lippi, Francesco and Otto H. Swank, "Rational voters, elections and central banks: do representative democracies need non representative institutions?", Journal of Policy Modeling, 1999, Vol. 21(4):515-25.
Lippi, Francesco, "On central bank independence and the stability of policy targets", Scandinavian Journal of Economics, 1998, Vol. 100(2):495-512.
Lippi, Francesco and Otto H. Swank, "Do Policy Makers' Distributional Desires Lead to an Inflationary Bias?", Journal of Policy Modeling, 1996, Vol. 18(1):109-116.
Professor of Economics , LUISS University
Research Fellow, Einaudi Institute for Economics and Finance (EIEF)
Research Interests
Macroeconomics, Monetary Economics
Employment
- Professor of Economics, LUISS 2018-
- Professor of Economics at the University of Sassari, 2006-2018
- Head of Monetary Analysis Unit, Research Department, Bank of Italy, 2003–2006
- Economist, Research Department, Bank of Italy, 1996-2002
Education
- PhD in Economics (1992-1997), Tinbergen Institute / Erasmus University Rotterdam
- Laurea (summa cum Laude), Università Luigi Bocconi, Milan, Economics
Editorial Board and Committees
- 2018: Joint Managing Editor of The Economic Journal 2019-
- 2018: Review CREI economics department
- 2016: Member of the Experts Panel (GEV) for the Italian Research assessment exercise 2011-2014
- 2013: Member of the scientific committee of the Italian Banking, Insurance and Finance Federation
- 2005: Associate Editor of the International Journal of Central Banking, 2005-
Honors and Fellowships
- 2013: ERC Advanced Research Grant 2011 (Principal Investigator, 1.9 Mil. euros)
- 2012: National grant by the Italian Ministry of Education (PRIN 2011, National coordinator, 500K)
- 2012: Winner of the 16th Fondation Banque de France Prize, (30K euro)
- 2009: Winner of the 13th Fondation Banque de France Prize, (30K euro)
- 2008: National grant by the Italian Ministry of Education (PRIN 2008, 40K euro)
- 2007: EIEF Fellow
- 2007 Winner of the University of Sassari Productivity Prize
- 2006: CEPR Fellow
- 2004 Winner of the CEPR/ESI prize Best Central Bank Research Paper, 2004
- 2002 Visiting Scholar at the Hoover Institution - Stanford University
Publications in Refereed Journals
Alvarez, Fernando, Francesco Lippi and Roberto Robatto, “Cost of Inflation in Inventory Theoretical Models”, Review of Economic Dynamics, forthcoming
Alvarez, Fernando, Francesco Lippi and Luigi Paciello, “Monetary shocks in models with observation and menu costs”, Journal of the European Economic Association , 2018, Vol. 16 (2), 353-382.
Alvarez, Fernando and Francesco Lippi, “Cash burns: an inventory model with a cash-credit choice” , Journal of Monetary Economics , 2017, Vol. 90: 99-112.
Alvarez, Fernando, Herve Le Bihan, and Francesco Lippi, “The real effects of monetary shocks in sticky price models: a sufficient statistic approach”, American Economic Review, 2016, Vol. 106(10): 2817–2851.
Alvarez, Fernando, Francesco Lippi, and Juan Passadore. 2016. “Are State and Time dependent models really different?”, NBER Macroeconomics Annual, Volume 31, 379-457.
Alvarez, Fernando , Francesco Lippi and Luigi Paciello, “Monetary shocks in models with inattentive producers”, Review of Economic Studies, 2016, Vol. 83, 421-459.
Lippi, Francesco Stefania Ragni and Nicholas Trachter, “Optimal monetary policy with heterogeneous money holdings”, Journal of Economic Theory, 2015, Vol. 159: 339-368.
Lippi, Francesco and Fabiano Schivardi, “Corporate Control and Executives’ Selection”, Quantitative Economics, 2014,Vol. 5, 417-456.
Alvarez, Fernando and Francesco Lippi, “Price setting with menu cost for multi-product firms”, Econometrica , 2014, Vol 82, No. 1: 89-135.
Alvarez, Fernando and Francesco Lippi, “Persistent Liquidity Effect and Long Run Money Demand”, American Economic Journal - Macroeconomics, 2014, Vol.6(2): 1-39.
Alvarez, Fernando and Francesco Lippi, “The demand of liquid assets with uncertain lumpy expenditures”, Journal of Monetary Economics , 2013, Vol. 60, 753-770.
Alvarez, Fernando, Luigi Guiso and Francesco Lippi, “Durable consumption and asset management with transaction and observation costs”, American Economic Review, 2012, Vol. 102, No. 5: 2272-2300.
Lippi, Francesco and Andrea Nobili, “Oil and the macroeconomy: a quantitative structural analysis”, Journal of the European Economic Association , 2012, Vol 10(5): 1059-83.
Alvarez, Fernando, Francesco Lippi and Luigi Paciello, “Optimal price setting with observation and menu costs” , Quarterly Journal of Economics , 2011, Vol. 126, No.4: 1909-60.
Alvarez, Fernando and Francesco Lippi, “Financial innovation and the transactions demand for cash”, Econometrica , 2009, Vol. 77 , No. 2: 363-402.
Lippi, Francesco and Alessandro Secchi, “Technological change and the households’ demand for currency”, Journal of Monetary Economics, 2009, Vol. 56, No. 2: 222-30.
Angelini, Paolo and Francesco Lippi, “Did prices really soar after the euro changeover? Evidence from ATM withdrawals”, International Journal of Central Banking, 2007, Vol. 3(4): 1-22.
Lippi, Francesco and Stefano Neri, “Information variables for monetary policy in an estimated structural model of the euro area”, Journal of Monetary Economics, 2007, Vol. 54 (4): 1256-70.
Fuchs, William and Francesco Lippi, “Monetary Union with Voluntary Participation”, Review of Economic Studies, 2006, Vol. 73: 437-57.
Cukierman, Alex and Francesco Lippi, “Endogenous Monetary Policy with Unobserved Potential Output”, Journal of Economic Dynamics and Control, 2005, Vol. 29:1951-1983.
Dedola, Luca and Francesco Lippi, “The monetary transmission mechanism: evidence from the industries of 5 OECD countries”, European Economic Review, 2005, Vol. 49(6): 1543-69.
Gaiotti, Eugenio and Francesco Lippi, “Pricing behavior and the introduction of the euro: evidence from a panel of restaurants”, Giornale degli Economisti e Annali di Economia, 2004, Vol. 63(3/4):491-526.
Lippi, Francesco, “Strategic Monetary Policy with Non-Atomistic Wage Setters”, Review of Economic Studies, 2003, Vol. 70(4):909-19.
Lippi, Francesco, “Revisiting the Case for a Populist Central Banker”, European Economic Review, 2002, Vol.46:601-12.
Cukierman, Alex and Francesco Lippi, “Labor Markets and Monetary Union: A Strategic Analysis”, Economic Journal, 2001, Vol.111:541-65.
Lippi, Francesco, “Median Voter Preferences, Central Bank Independence and Conservatism”, Public Choice, 2000, Vol. 105(3/4):323-338.
Cukierman, Alex and Francesco Lippi, “Central Bank Independence, Centralization of Wage Bargaining, Inflation and unemployment - Theory and Some Evidence”, European Economic Review, 1999, Vol. 43(7):1395-434.
Lippi, Francesco and Otto H. Swank, "Rational voters, elections and central banks: do representative democracies need non representative institutions?", Journal of Policy Modeling, 1999, Vol. 21(4):515-25.
Lippi, Francesco, "On central bank independence and the stability of policy targets", Scandinavian Journal of Economics, 1998, Vol. 100(2):495-512.
Lippi, Francesco and Otto H. Swank, "Do Policy Makers' Distributional Desires Lead to an Inflationary Bias?", Journal of Policy Modeling, 1996, Vol. 18(1):109-116.
Pubblicazioni (23)
Premi e riconoscimenti
No Results Found
Partecipazioni scientifiche (2)
Fellow (riconoscimento scientifico)
- Academia Europea (Regno Unito)
(2013 - )
2013
Fellow (riconoscimento scientifico)
- CEPR (Regno Unito)
(2013 - )
2013
No Results Found
Comitati editoriali
Direttore di rivista, collana editoriale, enciclopedia - INTERNATIONAL JOURNAL OF CENTRAL BANKING - ISSN: 1815-4654 - Basle : Bank for International Settlements (2005 - )
2005
No Results Found
Collegi di dottorato (8)
Luiss Libera Università internazionale degli studi sociali Guido Carli -
ECONOMICS-2023
(ciclo: 39 - Anno: 2023
2023
)
Luiss Libera Università internazionale degli studi sociali Guido Carli -
ECONOMICS-2022
(ciclo: 38 - Anno: 2022
2022
)
Luiss Libera Università internazionale degli studi sociali Guido Carli -
ECONOMICS-2021
(ciclo: 37 - Anno: 2021
2021
)
Luiss Libera Università internazionale degli studi sociali Guido Carli -
ECONOMICS-2020
(ciclo: 36 - Anno: 2020
2020
)
Luiss Libera Università internazionale degli studi sociali Guido Carli -
ECONOMICS-2019
(ciclo: 35 - Anno: 2019
2019
)
Luiss Libera Università internazionale degli studi sociali Guido Carli -
ECONOMICS-2018
(ciclo: 34 - Anno: 2018
2018
)
Università degli Studi di ROMA "Tor Vergata" -
ECONOMETRIA ED ECONOMIA EMPIRICA-2011
(ciclo: 27 - Anno: 2011
2011
)
Università degli Studi di ROMA "Tor Vergata" -
ECONOMETRIA ED ECONOMIA EMPIRICA-2010
(ciclo: 26 - Anno: 2010
2010
)
No Results Found
Insegnamenti offerta formativa corrente (3)
977 - MACROECONOMICS
Primo Semestre (09/09/2024 - 30/11/2024)
- 2024
Obbligatorio
Laurea
8 CFU
64 ore
977 - MACROECONOMICS (A)
Primo Semestre (09/09/2024 - 30/11/2024)
- 2024
Obbligatorio
Laurea
8 CFU
64 ore
RM317 - ASSET PRICING
Primo Semestre (09/09/2024 - 30/11/2024)
- 2024
Obbligatorio
Laurea Magistrale
8 CFU
72 ore
No Results Found