Photo of Giovanni Nicolò

Giovanni Nicolò

Education

  • Ph.D., Economics, UCLA, 2018
  • M.A., Economics, UCLA, 2014
  • M.A., Economics, Bocconi University, 2011
  • B.A., Institutions and Financial Markets, Bocconi University, 2008
Current Research Topics
  • Monetary Policy, Expectations and Business Cycles
  • Bayesian Estimation of DSGE Models
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2023 - present
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2021 - 2023
  • Economist

    Board of Governors of the Federal Reserve System

    2018 - 2021
  • Dissertation Fellow

    Board of Governors of the Federal Reserve System

    2017
  • Dissertation Fellow

    Federal Reserve Bank of St. Louis

    2016
  • US Monetary Policy and Indeterminacy
    Giovanni Nicolò
    Journal of Applied Econometrics (2025)
    https://doi.org/10.1002/jae.3107
  • Inflation and Real Activity over the Business Cycle
    Francesco Bianchi, Giovanni Nicolò, and Dongho Song
    Finance and Economics Discussion Series (2023)
    https://doi.org/10.17016/FEDS.2023.038
  • Some International Evidence for Keynesian Economics Without the Phillips Curve
    Roger E.A. Farmer and Giovanni Nicolò
    Manchester School (2021)
    https://doi.org/10.1111/manc.12296
    See also » FRB Working Paper (2019)
  • A generalized approach to indeterminacy in linear rational expectations models
    Francesco Bianchi and Giovanni Nicolò
    Quantitative Economics (2021)
    https://doi.org/10.3982/QE949
    See also » FRB Working Paper (2019)
  • Monetary Policy, Self-Fulfilling Expectations and the U.S. Business Cycle
    Giovanni Nicolò
    Finance and Economics Discussion Series (2020)
    https://doi.org/10.17016/FEDS.2020.035
  • Keynesian Economics without the Phillips Curve
    Roger E. A. Farmer and Giovanni Nicolò
    Journal of Economic Dynamics & Control (2018)
    https://doi.org/10.1016/j.jedc.2018.01.012
  • Essay on Macroeconomics and Expectations
    Giovanni Nicolò
    University of California, Los Angeles (2018)
  • Solving and Estimating Indeterminate DSGE Models
    Roger E. A. Farmer, Vadim Khramov, and Giovanni Nicolò
    Journal of Economic Dynamics & Control (2015)
    https://doi.org/10.1016/j.jedc.2015.02.012
Last Update: March 17, 2025