Roberto M. BILLI

Economist


Sveriges Riksbank, Research Division, 103 37 Stockholm, Sweden

Phone: +46 8 787 0857   Fax: +46 8 210 531

Email: roberto.billi@riksbank.se (work)   roberto@rmbilli.com (personal)


Biographical   Research   Personal


Biographical

Sveriges Riksbank: Economist, since 2011

Federal Reserve Bank of Kansas City: Economist, 2005-2011

Center for Financial Studies, Goethe University Frankfurt: Ph.D. in Economics, summa cum laude, 2005

European Central Bank: Research Visitor, 2005

Federal Reserve Board: Dissertation Intern, 2004

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

London School of Economics: M.Sc. in Economics, 1999

Central Bank of San Marino: Economist, 1996-2001

Universitŕ degli Studi di Bologna, Italy: Degree in Economics, 1996

< Detailed Curriculum Vitae: April 12, 2012 >

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Research

Interests

Optimal inflation goals and the design of monetary policy strategies in the presence of a zero lower bound on nominal interest rates. Monetary and fiscal policy interactions. Financial regulation and macroprudential policies.

Working papers and work in progress

1.      Output Gaps and Robust Monetary Policy Rules

Sveriges Riksbank Working Paper Series No. 260, March 2012

2.      Distortionary Fiscal Policy and Monetary Policy Goals

Federal Reserve Bank of Kansas City RWP 10-10, Revised January 2011 (with Klaus Adam)

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

Federal Reserve Bank of Kansas City RWP 08-09, December 2008

Journal publications

4.      Optimal Inflation for the U.S. Economy

American Economic Journal: Macroeconomics, 2011, 3 (3), 29-52

5.      Monetary Conservatism and Fiscal Policy

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

6.      Discretionary Monetary Policy and the Zero Lower Bound on Nominal Interest Rates

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

7.      Optimal Monetary Policy under Commitment with a Zero Bound on Nominal Interest Rates

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

Other publications

8.      Output Gaps and Monetary Policy at Low Interest Rates

Federal Reserve Bank of Kansas City, Economic Review, First Quarter 2011

9.      Was Monetary Policy Optimal During Past Deflation Scares?

Federal Reserve Bank of Kansas City, Economic Review, Third Quarter 2009

10.   What Is the Optimal Inflation Rate?

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

Discussions

New Keynesian Dynamics in a Low Interest Rate Environment

by R. Anton Braun and Lena Mareen Körber

Federal Reserve System International Economics Meeting, Atlanta, April 2011

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 Macroeconomics Meeting, 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 at Norges Bank, Oslo, November 2008

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Personal

Disclaimer: All views and opinions expressed on this web page do not reflect the official policy, position, or opinion of Sveriges Riksbank.

San Marino news (in Italian)

Libertas   Pan360   RTV   Turismo

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(Il Palazzo Pubblico)

(San Marino di P. Batoni)

 

(Portrait of Roberto)

 

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Last Edited: April 12, 2012