Overview
Marc P. Giannoni is a macroeconomist (Director of Research, Federal Reserve Bank of Dallas; formerly Federal Reserve Bank of New York and Columbia Business School) working on monetary-policy design, optimal policy in estimated DSGE models, and the transmission mechanism. (Distinct from Domenico Giannone.)
Key Contributions / Features
- Monetary-policy effectiveness (Boivin-Giannoni 2006): co-developed the VAR-plus-estimated-DSGE counterfactual analysis attributing the reduced effect of post-1980 policy shocks to a stronger systematic policy rule. The Review of Economics and Statistics 88(3): 445–462.
- Optimal monetary policy: work on robustly optimal and estimated-model-based interest-rate rules (with Michael Woodford and others).
Related