Research

Working Papers

When and how to deactivate the SGP general escape clause?
Luisa Lambertini

Working Paper

Gender Effects of the Covid-19 Pandemic in the Swiss Labor Market
Corinne Dubois, Luisa Lambertini and Yu Wu

Working Paper

Mortgage Supply and Capital Regulation in a Low Interest Rate Environment 
Luisa Lambertini and Yu Wu

Working Paper

Fiscal Policy, Relative Prices and Net Exports in a Currency Union
Luisa Lambertini and Christian Proebsting

Forthcoming in American Economic Journal: Macroeconomics

Working Paper

The Costs (and Benefits) of Fiscal Consolidation: What Does the Experience of the U.S. States Tell Us?
Luisa Lambertini and Steve Yamarik

Working Paper

A Macroeconomic Model of Liquidity, Wholesale Funding and Banking Regulation
Corinne Dubois and Luisa Lambertini

Working Paper

Is Bank Capital Regulation Costly for Firms? – Evidence from Syndicated Loans
Luisa Lambertini and Abhik Mukherjee

Working Paper

Monetary Commitment and The Level of Public Debt
Stefano Gnocchi and Luisa Lambertini

Working Paper

Mortgage Amortization and Welfare
Chiara Forlati and Luisa Lambertini

Working Paper

Macroeconomic Implications of Bank Capital Requirements
Luisa Lambertini and Pinar Uysal

Working Paper

Mortgage Amortization and Amplification
Chiara Forlati and Luisa Lambertini

Working Paper

Publications

Stress tests and loan pricing-Evidence from syndicated loans
Luisa Lambertini and Abhik Mukherjee

Published version, Working Paper

Elsevier, 2022

The Pass-through of Bank Capital Requirements to Corporate Lending Spreads

Luisa Lambertini, Robert Bichsel, Abhik Mukherjee and Dan Wunderli

Journal of Financial Stability, 2021

Published version, Working Paper

Does Austerity Go Along with Internal Devaluations?

Luisa Lambertini, Christian Proebsting

IMF Economic Review, vol 67, Pages p. 618–656, 2019

Published version, Working Paper

Mortgage Default in an Estimated Model of the U.S. Housing Market.
Luisa Lambertini, Pynar Uysal and Victoria Nuguer.
Journal of Economic Dynamics and Control, vol. 76, Pages, p. 171–201, 2017.

Published version, Working Paper

Expectations-driven cycles in the housing market,
Luisa Lambertini, Caterina Mendicino and Maria Teresa Punzi
Economic Modelling Journal vol. 60, p. 297-312, 2017.

Published version, Working Paper

Optimal Exchange Rate Flexibility with Large Labor Unions
Vincenzo Cuciniello and Luisa Lambertini
Journal of International Money and Finance,Volume 63,Pages 112–136,May 2016

Published version, Working Paper

Leaning Against Boom-Bust Cycles in Credit and Housing Prices
Luisa Lambertini, Caterina Mendicino and Maria Teresa Punzi
Journal of Economic Dynamics and Control, Vol. 37, No.8, pp. 1500-1522, August 2013.

Published Version, Working Paper

Expectations-Driven Cycles in the Housing Market: Evidence from Survey Data
Luisa Lambertini, Caterina Mendicino and Maria Teresa Punzi
Journal of Financial Stability, Vol. 9, Issue N. 3, pp. 518-529, December 2013

Published Version, Working Paper

Risky Mortgages in a DSGE Model
Chiara Forlati and Luisa Lambertini.
International Journal of Central Banking, Vol. 7, No. 1, March 2011.

Published version,Working Paper

Monetary-Fiscal Interactions with a Conservative Central Bank
Luisa Lambertini
Scottish Journal of Political Economy, Vol. 53, No. 1, pp. 90-128, February 2006.

Published version, Working Paper

Exchange Rates and Fiscal Adjustments:Evidence from the OECD and Implications for the EMU
Luisa Lambertini and Jose Tavares
The B.E. Journal of Macroeconomics: Contributions, Vol. 5: No. 1, Article 11, December 2005

Published version, Working Paper

Interactions of Commtment and Discretion in Monetary and Fiscal Policies
Avinash Dixit and Luisa Lambertini
American Economic Review, Vol. 93, No. 5, pp. 1522-42, December 2003

Published version, Working PaperAppendix

Endogenous Debt Constraints in Life Cycle Economies
Luisa Lambertini and Costas Azariadis
Review of Economic Studies, Vol. 70, No. 3, pp. 1-27, July 2003

Published version, Working Paper

Symbiosis of Monetary and Fiscal Policies in a Monetary Union
Avinash Dixit and Luisa Lambertini
Journal of International Economics, Vol. 60, No. 2, pp. 235-47, August 2003 (lead article)

Published version, Working Paper

The Fiscal Politics of Big Governments: Do Coalitions Matter?
Luisa Lambertini and Costas Azariadis
Economics for an Imperfect World: Essays in Honor of Joseph Stiglitz, MIT Press, 2003

Working Paper

Excess Asset Returns and Limited Enforcement
Costas Azaradis and Luisa Lambertini
American Economic Review, Vol. 92, No. 2, pp. 135-140. May 2002.

Published version, Working Paper

Monetary-Fiscal Policy Interactions and Commitment Versus Discretion in a Monetary Union
Avinash Dixit and Luisa Lambertini
European Economic Review, Vol. 45, No. 4-6, pp. 977-987. January 2001

Published version

On the Redistributive Property of Budget De ficits
Luisa Lambertini
Institutions, Politics and Fiscal Policy, edited by Rolf Strauch and Jurgen Von Hagen, Kluwer Academic Publishers. 2000

Working Paper

Inflation Convergence with Realignments in a Two-Speed Europe
Luisa Lambertini, Marcus Miller and Alan Sutherland
Economic Journal, Vol. 102, March 1992.

Published version