Meet the Researchers

Giovanni Nicolò
Principal Economist
Monetary Studies Section
Monetary Affairs
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 - presentSenior Economist
Board of Governors of the Federal Reserve System
2021 - 2023Economist
Board of Governors of the Federal Reserve System
2018 - 2021Dissertation Fellow
Board of Governors of the Federal Reserve System
2017Dissertation 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