Nicolò Maffei-Faccioli

I'm a Research Economist at Norges Bank


Main Interests: Applied Macroeconomics, Time Series Econometrics

Publications

"Identifying the Sources of the Slowdown in Growth: Demand versus Supply

Journal of Applied Econometrics, Forthcoming 


"The Effects of Monetary Policy on Macroeconomic Risk" with Mario Forni, Luca Gambetti and Luca Sala

European Economic Review, Volume 167, August 2024, 104789


"Nonlinear Transmission of Financial Shocks: Some New Evidence" with Mario Forni, Luca Gambetti and Luca Sala

Journal of Money, Credit and Banking, Volume 56, Issue 1, February 2024, pp 5-33


"The Decline of the Labor Share: New Empirical Evidence" with Drago Bergholt and Francesco Furlanetto​ 

American Economic Journal: Macroeconomics, Volume 14, No. 3, July 2022, pp 163-98


"Does Immigration Grow the Pie? Asymmetric Evidence from Germany" with Eugenia Vella 

European Economic Review, Volume 138, September 2021, 103846


Working Papers

"What Drives the Recent Surge in Inflation? The Historical Decomposition Roller Coaster" with Drago Bergholt, Fabio Canova, Francesco Furlanetto​ and Pål Bergset Ulvedal 

Revise and Resubmit, American Economic Journal: Macroeconomics


"Is There a Negativity Bias in Economic News Coverage?" with Luca Gambetti and Sarah Zoi 

Previously circulated as "Bad News, Good News: Coverage and Response Asymmetries"


"Do Foreign Banks Stabilise or Destabilise Lending? Micro-evidence from the Euro Area" with Ugo Albertazzi and Jacopo Cimadomo 

Previously circulated as "Foreign Banks and the Doom Loop"


"Monetary Policy Shocks and Inequality: Evidence from the US"  


Short Papers

"Where do they care? The ECB in the media and inflation expectations" with Vegard H. Larsen and Laura Pagenhardt

Applied Economics Letters, 1-6


Work in progress

"Five Facts about Inflation Expectations: Evidence from Four Different Groups of Agents" with Tuva Fastbø, Eleonora Granziera, Lovisa Reiche and Michael Weber


"Common Trends in European Labor Share Dynamics and US Comparisons" with Drago Bergholt, Francesco Furlanetto​ and Evi Pappa


"Piecing the Puzzle: Real Exchange Rate and Long-run Fundamentals" with Hilde C. Bjørnland, Leif Brubakk and Ørjan Robstad


"Macroeconomic Shocks and Crime" with Luca Gambetti and Giovanni Mastrobuoni


"Are Macro-Finance Linkages Non-Linear?" with Alessandro Melone


Policy work

 

"A High-frequency Financial Conditions Index for Norway" with Frida Bowe, Karsten R. Gerdrup and Helene Olsen 

Media coverage: Finansavisen (in Norwegian)


"Drivers of Labor Productivities and Labor Shares: Evidence from Euro Area Countries" with Claudia Foroni and Matthias Mohr  

In: ECB Occasional Paper Series No 266, “Digitalisation: channels, impacts and implications for monetary policy in the euro area” (Box 1, pp 65-66)