Overview
Carlo A. Favero is an applied macroeconometrician (Professor of Economics, Bocconi University, Milan; CEPR), known for work on monetary-policy VARs, the term structure of interest rates, fiscal policy, and for his Applied Macroeconometrics textbook.
Key Contributions / Features
- Evaluating monetary-policy VARs (Bagliano-Favero 1998): with Fabio Bagliano, an evaluation of specification, identification, and the omitted long rate in US monetary-policy VARs (Monetary Policy Shocks).
- Broad contributions to structural VAR modelling, interest-rate and term-structure econometrics, and applied macroeconometrics.
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