PAOLA BOEL

PUBLICATIONS

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• Monetary Equilibrium and the Cost of Banking Activity, with Gabriele Camera, Journal of Money, Credit and Banking, 52(4) (2020), 653-683

• Stabilization Policy at the Zero Lower Bound, with Christopher Waller, International Economic Review, 60(4) (2019), 1-25

• The Redistributive Effects of Inflation and the Shape of Money Demand, Journal of Economic Dynamics and Control, 90 (2018), 208-219

• The Welfare Cost of Inflation in OECD Countries, with Gabriele Camera, Macroeconomic Dynamics, 15 (2011), 217-251

• Financial Sophistication and the Distribution of the Welfare Cost of Inflation, with Gabriele Camera, Journal of Monetary Economics, 56 (2009), 968-978

• Efficient Monetary Allocations and the Illiquidity of Bonds, with Gabriele Camera, Journal of Monetary Economics, 53 (2006), 1693-1715

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CURRENT RESEARCH

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• On the Essentiality of Credit and Banking at the Friedman Rule,  with Christopher Waller, Federal Reserve bank of Cleveland, Working Paper No. 23-13

• Liquidity, Capital Pledgeability and Inflation Redistribution, with Julián P. Díaz and Daria Finocchiaro, Federal Reserve bank of Cleveland, Working Paper No. 21-26