Department of Economics, University of Bern, email: luca.benati AT vwi.unibe.ch
Main publications
- Benati, L. (2021), “Leaning against house prices: A structural VAR investigation”, Journal of Monetary Economics, 118, 399–412
- Benati, L., Lucas Jr., R.E., Nicolini, J.P., and Weber, W. (2021), “International Evidence on Long-Run Money Demand”, Journal of Monetary Economics, 117, 43–63
- Benati, L. (2020), “Money Velocity and the Natural Rate of Interest”, Journal of Monetary Economics, 116, 117–134
- Benati, L. (2015), “The Long-Run Phillips Curve: A Structural VAR Investigation”, Journal of Monetary Economics, 76 (November), 15-28
- Benati, L., and Goodhart, C. (2011), “Monetary Policy Regime and Economic Performance: The Historical Record, 1979-2008”, in B. Friedman, B., and Woodford, M. (eds.), Handbook of Monetary Economics, Volume 3B, North Holland
- Benati, L., and Surico, P. (2009), “VAR Analysis and the Great Moderation”, American Economic Review, 99 (4):. 1636-52
- Benati, L. (2008), “Investigating Inflation Persistence Across Monetary regime”, Quarterly Journal of Economics, 123: 3, August 2008, 1005-1060
Editorial work, previous work experience, etc.
- Associate editor at: European Economic Review; Journal of Economic Dynamics and Control; Journal of Applied Econometrics; Journal of Money, Credit and Banking
- Previous work experience: Economist, and then Senior Economist at the Bank of England (2000-2006); Principal Economist an the European Central Bank (2007-2011)
- Ph.D. in Economics, University of Michigan
Revise-Resubmit
- Benati, L., “A New Approach to Estimating the Natural Rate of Interest”
- Benati, L., “How Fast Can Advanced Economies Grow?”, Journal of Money, Credit and Banking
- Benati, L., “Cointegration Tests and the Classical Dichotomy”, Journal of Applied Econometrics
- Benati, L., “Economic Policy Uncertainty and the Great Recession”, Journal of Applied Econometrics
Submitted work
- Benati, L. and Nicolini, J.P., “The Welfare Costs of Inflation”
- Benati, L., “The Evolution of Money and Credit Multipliers Since the Gold Standard Era”
- Benati, L., “Long-Run Evidence on Money Growth and Inflation”
- Benati, L. and Lubik, T., “Searching for Hysteresis”
Work in progress
- Benati, L., “The Monetary Dynamics of Hyperinflations Reconsidered”
- Benati, L. and Nicolini, J.P., “Is Instability of Short-Run Money Demand the Figment of a Specification Error?”
- Benati, L., “The Natural Rate of Interest and the Dynamics of Credit Leverage and Real Asset Prices”
- Benati, L., “Taylor Rules, Liquidity Traps, and the Central Bank’s ‘Threat to Blow Up the World'”
- Benati, L., “Should Central Banks Lean Against Credit?”
- Benati, L., “The Volatility of Inflation and the Prices of Real Assets”
- Benati, L., “A New Approach to the Long-Run Demand for Broad Money”
- Benati, L., “A New Approach to Gibson’s Paradox”
- Benati, L., “The Fisher Effect Reconsidered”