
Fernanda Nechio
Research Advisor
International Research
International finance, Macro, Monetary economics
CV (pdf, 94.33 kb)
Working Papers
Using Brexit to Identify the Nature of Price Rigidities
2019-13 | With Hobijn and Shapiro | April 2019
abstract (+)Taylor Rule Estimation by OLS
2018-11 | With Carvalho and Tristao | July 2019
abstract (+)Measuring the Effect of the Zero Lower Bound on Monetary Policy
2016-06 | With Carvalho and Hsu | December 2016
abstract (+)Monetary Policy and Real Exchange Rate Dynamics in Sticky-Price Models
2014-17 | With Carvalho and Yao | April 2019
abstract (+)Shocks and Adjustments
2013-32 | With Daly, Fernald, and Jorda | July 2017
abstract (+)Real Exchange Rate Dynamics in Sticky-Price Models with Capital
2012-08 | With Carvalho | July 2012
abstract (+)Foreign Stock Holdings: The Role of Information
2010-26 | September 2014
abstract (+)Published Articles (Refereed Journals and Volumes)
Inflation Globally
Forthcoming in Changing Inflation Dynamics, Evolving Monetary Policy, ed. by J. Gali and D. Saraiva. Central Bank of Chile | With Jorda
abstract (+)Sticker Shocks: Using VAT Changes to Estimate Upper-Level Elasticities of Substitution
Forthcoming in Journal of the European Economic Association | With Hobijn
abstract (+)Approximating Multisector New Keynesian Models
Economics Letters 163, 2018, 193-196 | With Carvalho
abstract (+)Factor Specificity and Real Rigidities
Review of Economic Dynamics 22, October 2016, 208-222 | With Carvalho
abstract (+)Demographics and Real Interest Rates: Inspecting the Mechanism
European Economic Review 88, September 2016, 208-226 | With Carvalho and Ferrero
abstract (+)Do People Understand Monetary Policy?
Journal of Monetary Economics 66, September 2014, 108-123 | With Carvalho
abstract (+)Labor Markets in the Global Financial Crisis: The Good, the Bad and the Ugly
National Institute Economic Review 228: R58-R64, May 2014 | With Daly, Fernald, and Jorda
abstract (+)Aggregation and the PPP Puzzle in a Sticky Price Model
American Economic Review 101(6), October 2010, 2391-2424 | With Carvalho
abstract (+)FRBSF Publications
The Brexit Price Spike
Economic Letter 2019-20 | August 5, 2019 | With Gerstein, Hobijn, and Shapiro
Why Is Inflation Low Globally?
Economic Letter 2019-19 | July 15, 2019 | With Jorda, Marti, and Tallman
Inflationary Effects of Trade Disputes with China
Economic Letter 2019-07 | February 25, 2019 | With Hale, Hobijn, and D. Wilson
Inflation: Stress-Testing the Phillips Curve
Economic Letter 2019-05 | February 11, 2019 | With Jorda, Marti, and Tallman
How Much Do We Spend on Imports?
Economic Letter 2019-01 | January 7, 2019 | With Hale, Hobijn, and D. Wilson
Demographic Transition and Low U.S. Interest Rates
Economic Letter 2017-27 | September 25, 2017 | With Carvalho and Ferrero
How Important Is Information from FOMC Minutes?
Economic Letter 2016-37 | December 19, 2016 | With Wilson
Has the Fed Fallen behind the Curve This Year?
Economic Letter 2016-33 | November 7, 2016 | With Rudebusch
Fed Communication: Words and Numbers
Economic Letter 2016-26 | September 6, 2016 | With Regan
Fed Policy Liftoff and Emerging Markets
Economic Letter 2016-22 | July 18, 2016 | With Bevilaqua
Fed Communication and the Zero Lower Bound
Economic Letter 2016-21 | July 11, 2016 | With Carvalho and Hsu
Interview with John Williams about China’s Growth Prospects
FRBSF 2015 Annual Report | Feb 2016 | With Liu and Spiegel
Finding Normal: Natural Rates and Policy Prescriptions
Economic Letter 2015-22 | July 6, 2015 | With Daly and Pyle
Have Long-Term Inflation Expectations Declined?
Economic Letter 2015-11 | April 6, 2015
Mixed Signals: Labor Markets and Monetary Policy
Economic Letter 2014-36 | December 1, 2014 | With Bosler and Daly
Household Expectations and Monetary Policy
Economic Letter 2014-18 | June 23, 2014 | With Carvalho
Interpreting Deviations from Okun’s Law
Economic Letter 2014-12 | April 21, 2014 | With Daly, Fernald, and Jorda
Fed Tapering News and Emerging Markets
Economic Letter 2014-06 | March 3, 2014
Labor Markets in the Global Financial Crisis
Economic Letter 2013-38 | December 23, 2013 | With Daly, Fernald, and Jorda
Pricey Oil, Cheap Natural Gas, and Energy Costs
Economic Letter 2012-23 | August 6, 2012 | With Hale
Are U.S. Corporate Bonds Exposed to Europe?
Economic Letter 2012-17 | June 4, 2012 | With Hale and Marks
U.S. and Euro-Area Monetary Policy by Regions
Economic Letter 2012-06 | February 27, 2012 | With Malkin
Monetary Policy When One Size Does Not Fit All
Economic Letter 2011-18 | June 13, 2011
Long-Run Impact of the Crisis in Europe: Reforms and Austerity Measures
Economic Letter 2011-07 | March 7, 2011
The Greek Crisis: Argentina Revisited?
Economic Letter 2010-33 | November 1, 2010