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Luigi PACIELLO

Associate Professor

Economics and Decision Sciences

 Profile picture

Biography

Luigi Paciello holds a PhD in Economics from Northwestern University and an MSc in Finance and Economics from the London School of Economics. He is a macroeconomist with expertise in business cycles and monetary policy. His work has been published in the Quarterly Journal of Economics, Review of Economic Studies, Journal of Monetary Economics, Journal of the European Economic Association and International Economic Review. He is an Associate Editor of the Review of Economic Dynamics and of the Journal of the European Economic Association, and a fellow of the CEPR.

Scientific articles

Ambiguous Policy Announcements

Review of Economic Studies, October 2020, vol. 87, n° 5, pp 2356–2398, (in coll. with C. MICHELACCI)

Price Dynamics with Customer Markets

International Economic Review, February 2019, vol. 60, n° 1, pp 413-446, (in coll. with A. Pozzi, N. Trachter)

Monetary shocks in models with observation and menu costs

Journal of the European Economic Association, April 2018, vol. 16, n° 2, pp 353-382, (in coll. with F. Alvarez, F. Lippi)

Monetary Shocks in Models with Inattentive Producers

Review of Economic Studies, April 2016, vol. 83, n° 2, pp 421-459, (in coll. with F. E. Alvarez, F. Lippi)

Monetary policy, doubts and asset prices

Journal of Monetary Economics, May 2014, vol. 64, pp 85-98, (in coll. with P. Benigno)

Exogenous Information, Endogenous Information, and Optimal Monetary Policy

Review of Economic Studies, January 2014, vol. 81, n° 1, pp 356-388, (in coll. with M. Wiederholt)

Optimal Price Setting With Observation and Menu Costs

Quarterly Journal of Economics, November 2011, vol. 126, n° 4, pp 1909-1960, (in coll. with F. E. Alvarez, F. Lippi)

Scientific articles

Ambiguous Policy Announcements

Review of Economic Studies, October 2020, vol. 87, n° 5, pp 2356–2398, (in coll. with C. MICHELACCI)

Price Dynamics with Customer Markets

International Economic Review, February 2019, vol. 60, n° 1, pp 413-446, (in coll. with A. Pozzi, N. Trachter)

Monetary shocks in models with observation and menu costs

Journal of the European Economic Association, April 2018, vol. 16, n° 2, pp 353-382, (in coll. with F. Alvarez, F. Lippi)

Monetary Shocks in Models with Inattentive Producers

Review of Economic Studies, April 2016, vol. 83, n° 2, pp 421-459, (in coll. with F. E. Alvarez, F. Lippi)

Education

  • Ph.D. in Economics, Northwestern University - USA

Academic appointments

Academic responsabilities at HEC

  • 2020- Associate Professor HEC Paris

External Academic Responsabilities

  • 2019- Visiting Scholar, Department of Economics Princeton University
  • 2008-2015 Assistant Professor Istituto Einaudi per l'Economia e la Finanza

Scientific Activities

Editorial activities

  • July 2018- Associate Editor, The Journal of the European Economic Association
  • November 2017- Associate Editor, The Review of Economic Dynamics

  • Awards & honors

    • 2016 ERC Starting Grant 676846 MACROPMF
    • 2015 Excellence in Refereeing Award 2015, The Journal of the European Economic Association
    • 2013 Excellence in Refereeing Award 2013, The American Economic Review