Journal publications
De Fiore, F., M. Hoerova, C Rogers and H. Uhlig. 2025. “Money Markets, Collateral and Monetary Policy.” Review of Economic Studies, conditionally accepted.
Cornelli, G., F. De Fiore, L. Gambacorta and C. Manea. 2024. Fintech vs bank credit: How do they react to monetary policy?, Economics Letters, Vol 234.
De Fiore, F. 2022. Discussion of: Central bank independence, Economic Policy, Vol 37, Issue 112, pp 691-694.
Correia, I., De Fiore, F., P. Teles and O. Tristani. 2021. Credit Subsidies. Journal of Monetary Economics 118, pp 2-14.
De Fiore, F. and O. Tristani. 2019. (Un)conventional Policy and the Zero Lower Bound. Journal of Economic Dynamics and Control, Vol. 106, Issue C.
De Fiore and H Uhlig. 2015. Corporate Debt Structure and the Financial Crisis. Journal of Money Credit and Banking, 47 (8): pp 1571-1598.
De Fiore, F. and O. Tristani. 2013. "Optimal Monetary Policy in a Model of the Credit Channel." Economic Journal, Vol. 123, Issue 571, pp. 906-931.
De Fiore, F., P. Teles and O. Tristani. 2011. "Monetary Policy and the Financing of Firms," American Economic Journal: Macroeconomics, Vol 3, No 4, pp. 112-142.
De Fiore and H Uhlig. 2011. "Bank Finance versus Bond Finance," Journal of Money, Credit and Banking, Vol 43, Issue 7, pp 1395-1418.
De Fiore, F. and O. Tristani. 2011. "Credit and the Natural Rate of Interest." Journal of Money, Credit and Banking, Vol 43, Issue 2-3, pp 407-440.
De Fiore, F. and Z. Liu. 2005. "Does Trade Openness Matter for Aggregate Instability?" Journal of Economic Dynamics and Control, Vol 29, Issue 7, pp 1165-1192.
De Fiore, F. and P. Teles. 2003. "The Optimal Mix of Taxes on Money, Consumption, and Income." Journal of Monetary Economics, Vol 50, Issue 4, pp 871-887.
De Fiore, F. and W Roeger. 1999. "Growth and Employment Effects of Tax Reforms in Europe." Oxford Economic
Papers, Vol 51, pp 200-222.
Volumes
De Fiore, F., and O. Tristani. 2010. “The role of financial conditions for monetary policy.” Published in: Enhancing Monetary Analysis, eds. L. Papademos and J. Starck. Chapter 4, Annex I.
De Fiore, F. and V. Gaspar. 2004. Comments on “Exchange Rate Policies on the Last Stretch. In Monetary Strategies for Joining the Euro, eds. G. Szapary and J. von Hagen.
Working papers
De Fiore, F., A. Maurin, A. Mijakovic and D. Sandri. 2024. “Monetary policy in the news: communication pass-through and inflation expectations,” BIS Working Papers No 1231 and CEPR DP No 19748.
De Fiore, F., M. Lombardi and A. Pierres-Tejada, 2024. “Fiscal stimulus plans and households’ expectations” BIS Working Paper No 1238.
De Fiore, F., B. Mojon, D. Rees and D. Sandri. 2023. “Monetary policy frameworks away from the ELB,” BIS Working Papers No 1156.
De Fiore, F., C. Manea and L Gambacorta. 2023. “Big Techs and the Credit Channel of Monetary Policy," BIS Working Paper No 1088.
Cornelli, G., F De Fiore, C. Manea and L. Gambacorta. 2023. “Fintech vs bank credit: How do they react to monetary policy?” BIS Working Papers No 1157.
De Fiore, F., M. Hoerova, C. Rogers and H. Uhlig. 2022. “Money markets, collateral and monetary policy.” NBER WP No 25319, CEPR DP 13335, BIS Working Papers No 997.
De Fiore, F., M. Lombardi and J. Schuffels, 2021. “Are Households Indifferent to Monetary Policy Announcement?” BIS Working Paper No 956.
Cantu, C., P. Cavallino, F De Fiore and J.Yetman, 2021. “A global database on central banks' monetary responses to Covid-19.” BIS Working Paper No 934.
De Fiore, F., and O. Tristani. 2019. "(Un)conventional Policies and the Effective Lower Bound." BIS Working Paper No 804, CEPR DP13585, ECB Working Paper No 2183.
Correia, I., De Fiore, F., P. Teles and O. Tristani. 2016. "Credit Subsidies." ECB Working Paper No. 1877, CEPR Discussion Paper No 9989.
Andrade, P., Breckenfelder, J., De Fiore, F., Karadi, P., and O. Tristani. 2016. “The ECB's asset purchase programme: an early assessment.” ECB Discussion Paper No. 1.
De Fiore, F. and H. Uhlig. 2014. “Corporate Debt Structure and the Financial Crisis.” ECB Working Paper No. 1759, and NBER Working Paper No 20730.
De Fiore, F. and O. Tristani. 2011. “Optimal Monetary Policy in a Model of the Credit Channel,“ ECB Working Paper No 1043.
De Fiore, F., P. Teles and O. Tristani. 2011. "Monetary Policy and the Financing of Firms." CEPR Discussion Paper nr. 7419, ECB Working Paper No 1123.
De Fiore, F. and H. Uhlig. 2011. “Bank Finance versus Bond Finance.” NBER Working Paper No. 16979, Becker Friedman Institute for Research in Economics WP No 201.
De Fiore, F. and O. Tristani. 2008. “Credit and the natural rate of interest,” ECB Working Paper No. 889.
De Fiore, F. and H. Uhlig. 2005. “Bank finance versus bond finance: what explains the differences between US and Europe?” ECB Working Paper n. 547, CEPR Discussion Paper No. 5213, Discussion Paper Humboldt-Universität 2005-042.
De Fiore. F. and P. Teles, 2003. “The Optimal Mix of Taxes on Money, Consumption, and Income,” CEPR Discussion Paper No. 3437, WP-02-03 of the Federal Reserve Bank of Chicago, ECB Working Paper No. 135.
De Fiore, F., and Z. Liu. 2002. “Openess and Equilibrium Determinacy under Interest Rate Rules. ECB Working Paper No. 173, Emory University Working Paper No. 0310.
De Fiore, F. 2000. “The Optimal Inflation Tax when Taxes are Costly to Collect,” ECB Working Paper No. 38.
De Fiore, F. 2000. “Can Indeterminacy Explain the Short-Run Non-Neutrality of Money?,” ECB Working Paper No. 32.
De Fiore, F. 1998. “The Transmission of Monetary Policy in Israel,” IMF Working Paper No. 98/114.
Policy papers
Amatyakul, P., F. De Fiore, M. Lombardi, B. Mojon and D. Rees. “The contribution of monetary policy to disinflation.” BIS Bulletin No 82, December 2023.
De Fiore, F., F Boissay, D Igan, A Pierres Tejada, D Rees. "Are major advanced economies on the verge of a wage-price spiral?" BIS Bulletin No 53, May 2022.
De Fiore, F., T Goel, D Igan, R Moessner, "Rising household inflation expectations: what are the communication challenges for central banks?" BIS Bulletin No 55, May 2022
M Lombardi, D Rees, "Inflation indicators amid high uncertainty," BIS Bulletin No 60, Sep 2022
De Fiore, F., M Ampudia, E Kharroubi, C Manea, "Private debt, monetary policy tightening and aggregate demand," BIS Bulletin No 70, Feb 2023
De Fiore, F., F Boissay and E Kharroubi, “Hard or soft landing,” BIS Bulletin No 59, July 2022
Cavallino, P and F De Fiore, 2020. “Central banks’ response to Covid-19 in advanced economies.” BIS Bulletin n. 21.
De Fiore, F., M. Hoerova and H. Uhlig. 2019. “What is the macroeconomic impact of changing money market conditions?” ECB Research Bulletin No. 57. 30 April.
Rodriguez-Palenzuela, D. et al. 2013. “Corporate Finance and Economic Activity in the Euro Area: Structural Issues Report 2013,” ECB Occasional Paper Series No. 151.
De Fiore, F., and O. Tristani. 2013. “(Un)conventional policy and the Zero-Lower Bound,” Research Early Briefs, European Central Bank
De Fiore, F., and O. Tristani. 2011. “Credit Risk and the Zero-Lower Bound on Interest Rates,” ECB Research Bulletin No. 15.
De Fiore, F., and O. Tristani. 2010. “Financial Conditions and Monetary Policy,” ECB Research Bulletin No. 9.
VOX EU articles
De Fiore, F., A. Maurin, A. Mijakovic and D. Sandri. 2024. “Monetary policy in the news: The FOMC’s Media Coverage and Inflation Expectations”, VOX EU article. January.
De Fiore, F., M. Hoerova and H. Uhlig. 2019. “The macroeconomic consequences of impaired money markets” VOX EU article. May.