Giovanni Nicolo

I am an economist at the Board of Governors of the Federal Reserve System, in the Monetary Studies Section of the Monetary Affairs Division. I primarily work on monetary economics with a secondary field in Bayesian econometric methods. My research investigates the interactions between the conduct of monetary policy and the formation of expectations. I focus on the relevance of these relationships for business cycles fluctuations and long-run economic outcomes, and I develop new methods to study how expectations formed by households, firms and public institutions about economic conditions constitute fundamental drivers of the economy.