Roberto M. BILLI

Economist


Economic Research Department, Federal Reserve Bank of Kansas City, One Memorial Drive, Kansas City, MO 64198, United States

Phone: +1 816 881 2335   Fax: +1 816 881 2199

E-mail: roberto@rmbilli.com


Biographical   Research   Policy Work   Personal


Biographical

Federal Reserve Bank of Kansas City, Economist, since 2005

European Central Bank, Research Visitor, 2005

Federal Reserve Board, Dissertation Intern, 2004

Center for Financial Studies, Goethe University Frankfurt, Doctorate in Economics, summa cum laude, 2001-2005

Kiel Institute for the World Economy, Advanced Studies in International Economics, 2001

London School of Economics, Master in Economics, 1999

Central Bank of San Marino, Research Economist, 1996-2001

Università degli Studi di Bologna, Italy, Degree in Economics, 1996

< Detailed Curriculum Vitae, updated June 9, 2009 >

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Research

Interests

Optimal inflation goals and the design of monetary policy strategies to manage downside risks in the presence of a zero lower bound on nominal interest rates. The effects of monetary and fiscal policy interactions in low-inflation economies.

Journal Publications

Monetary Conservatism and Fiscal Policy (Working Paper)

with Klaus Adam, Journal of Monetary Economics, 2008, 55 (8), 1376-1388

Discretionary Monetary Policy and the Zero Lower Bound on Nominal Interest Rates (Working Paper)

with Klaus Adam, Journal of Monetary Economics, 2007, 54 (3), 728-752

Optimal Monetary Policy under Commitment with a Zero Bound on Nominal Interest Rates (Working Paper)

with Klaus Adam, Journal of Money, Credit, and Banking, 2006, 38 (7), 1877-1905

Federal Reserve Publications

What Can We Learn From Recent Deflation Scares and Episodes?

Federal Reserve Bank of Kansas City, Economic Review, in progress

What Is the Optimal Inflation Rate?

with George A. Kahn, Federal Reserve Bank of Kansas City, Economic Review, Second Quarter 2008

Bureau of Labor Statistics article summary in the Monthly Labor Review, July 2008

Working Papers

Optimal Inflation for the U.S. Economy

Revise and resubmit to American Economic Journal: Macroeconomics, March 2009

Price-Level Targeting and Risk Management in a Low-Inflation Economy

December 2008

Monetary Conservatism and Fiscal Policy: The Case of Distortionary Taxes

with Klaus Adam, July 2008

Discussions

The Effects of Foreign Shocks when U.S. Interest Rates are at Zero

by Martin Bodenstein, Christopher J. Erceg, and Luca Guerrieri

Federal Reserve System Macro Meetings, Federal Reserve Bank of San Francisco, May 2009

Using a Projection Method to Analyze Inflation Bias in a Micro-Founded Model

by Gary S. Anderson, Jinill Kim, and Tack Yun

Optimal Monetary Policy Workshop, Central Bank of Norway, Oslo, November 2008

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Policy Work

Commentaries on San Marino's Economic Policies (in Italian)

Incarichi creati ad hoc, Corriere Romagna,18.04.2004

Caso Parmalat: il latte è versato, Sorpresa, 22.01.2004

Banca centrale, quanti problemi, SMO, 04.09.2003

Finanze secondo Fitch, SMO, 19.08.2003

Conti pubblici occultati, SMO, 02.07.2003

Banca centrale e Ispettorato?, SMO, 10.06.2003

Commissione finanza pubblica, Critiche da un cittadino, SMO, 15.01.2003

Anno di bilanci, SMO, 31.12.2002

Finanze, ci vuole buonsenso, SMO, 27.11.2002

Finanze pubbliche, problemi di controllo, SMO, 20.11.2002

Politica economica Competenze e buon senso, SMO, 16.09.2002

Commercialisti, fantasiose le loro proposte, SMO, 22.08.2002

Programmi di Governo disattenti al sistema bancario, SMO, 30.07.2002

Il Governo deve fare chiarezza anche in Ics, SMO, 04.07.2002

La gestione superficiale dell’economia, SMO, 25.06.2002

Riflessioni per le scelte coraggiose, SMO, 17.04.2002

Bilancio pubblico, quanti problemi..., Tribuna, 27.03.2002

Il “Rating” di San Marino: un monito al cambiamento!, Tribuna, 13.03.2002

200 lotti in vendita, poi 40, allora nessuno... bravi!, Tribuna, 24.01.2002

Deficit: via la franchigia postale o spendere meno?, Tribuna, 22.01.2002

Bilancio anemico: allora (non) vendiamo 200 lotti?, Tribuna, 04.01.2002

San Marino News (in Italian)

Libertas   Notizie   Pan360   RTV   Tribuna   Turismo




(Il Plazzo Pubblico)

(San Marino di P. Batoni)


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Personal

(Portrait)

(At the bar after a long day of research.)

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Last Edited: June 9, 2009