RESEARCH FOCUS
My research is in applied time series, business cycle and monetary policy. I have pioneered, with several co-authors, econometric methods for analysing a large number of time series: dynamic factor models, shrinkage methods, Bayesian vector auto-regressions (see Research section on this page). Later on I have used some of these ideas to develop a framework for
Now-Casting
My work on monetary policy has focused on documenting monetary analysis at the European Central Bank and, more recently, on understanding the effect of its policies during the crisis. I am also working on the interaction between monetary policy and banks’ behaviour.