Research

Working Papers

The Macroeconomic Effects of Wealth Redistribution
[Working Paper]

The Marginal Propensity to Consume in Behavioral Macroeconomics (with Giovanni Violante)
[Working Paper]

How Much Does HANK Spend? Consumption Dynamics with Lumpy Durables
[Working Paper]

Monetary Policy and the Dynamics of the Wealth Distribution
[Working Paper]

Publications

Energy Shortages and Aggregate Demand: Output Loss and Unequal Burden from HANK
Valerio Pieroni, European Economic Review, 2023, Volume 154, 104428
[Working Paper] [Published Version] [Online Appendix]