Scholars@Duke

• Background
• 

  Education, Training, & Certifications

  • Ph.D., Princeton University 2009
  • M.A., Princeton University 2007
  • B.A., Bocconi University (Italy) 2003
• 

  Duke Appointment History

  • Assistant Professor of Economics, Economics, Trinity College of Arts & Sciences 2009 - 2016
• Recognition
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  Awards & Honors

  • Researcher (NBER Family Members). National Bureau of Economic Research. 2014
  • Zellner Thesis Award. American Statistical Association. 2010
• Expertise
• 

  Global Scholarship

  • Expertise

    • United States of America (Country) 
• Research
• 

  Selected Grants

  • Modeling the Evolution of Agents' Beliefs and Uncertainty in General Equilibrium Models awarded by  National Science Foundation 2012 - 2016
• Publications & Artistic Works
• 

  Selected Publications

  • Academic Articles

    • Bianchi, F. “The Great Depression and the Great Recession: A view from financial markets.” Journal of Monetary Economics 114 (October 1, 2020): 240–61. https://doi.org/10.1016/j.jmoneco.2019.03.010.
       Full Text
    • Bianchi, F., and L. Melosi. “The dire effects of the lack of monetary and fiscal coordination.” Journal of Monetary Economics 104 (June 1, 2019): 1–22. https://doi.org/10.1016/j.jmoneco.2018.09.001.
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    • Bianchi, Francesco, and Leonardo Melosi. “Constrained Discretion and Central Bank Transparency.” The Review of Economics and Statistics 100, no. 1 (March 2018): 187–202. https://doi.org/10.1162/rest_a_00659.
       Full Text  Open Access Copy
    • Bianchi, Francesco, and Leonardo Melosi. “Constrained Discretion and Central Bank Transparency.” Review of Economics and Statistics 100, no. 1 (March 2018): 187–202.
    • Bianchi, Francesco, Martin Lettau, and Sydney C. Ludvigson. “Monetary Policy and Asset Valuation,” January 2018.
    • Bianchi, Francesco, Martin Lettau, and Sydney C. Ludvigson. “Monetary Policy and Asset Valuation,” September 2017.
       Open Access Copy
    • Bianchi, Francesco, and Leonardo Melosi. “The Dire Effects of the Lack of Monetary and Fiscal Coordination,” July 6, 2017.
       Open Access Copy
    • Bianchi, F., and L. Melosi. “Escaping the great recession.” American Economic Review 107, no. 4 (April 1, 2017): 1030–58. https://doi.org/10.1257/aer.20160186.
       Full Text  Open Access Copy
    • Bianchi, Francesco, Martin Lettau, and Sydney C. Ludvigson. “Monetary Policy and Asset Valuation: Evidence from a Markov-Switching Cay,” August 2016.
    • Bianchi, F., and L. Melosi. “Modeling the Evolution of Expectations and Uncertainty in General Equilibrium.” International Economic Review 57, no. 2 (May 2016): 717–56. https://doi.org/10.1111/iere.12174.
       Full Text  Open Access Copy
    • Bianchi, F. “Methods for measuring expectations and uncertainty in Markov-switching models.” Journal of Econometrics 190, no. 1 (January 1, 2016): 79–99. https://doi.org/10.1016/j.jeconom.2015.08.004.
       Full Text
    • Bianchi, F., and A. Civelli. “Globalization and inflation: Evidence from a time-varying VAR.” Review of Economic Dynamics 18, no. 2 (January 1, 2015): 406–33. https://doi.org/10.1016/j.red.2014.07.004.
       Full Text
    • Razin, A., and F. Bianchi. “Review of “understanding global crises”.” Israel Economic Review 12, no. 2 (January 1, 2015): 157–62.
    • Bianchi, F., and L. Melosi. “Dormant Shocks and Fiscal Virtue.” Nber Macroeconomics Annual 28, no. 1 (January 2014): 1–46. https://doi.org/10.1086/674588.
       Full Text  Open Access Copy
    • Bianchi, F. “Regime Switches, Agents' Beliefs, and Post-World War II U.S. Macroeconomic Dynamics.” Review of Economic Studies 80, no. 2 (April 2013): 463–90. https://doi.org/10.1093/restud/rds032.
       Full Text  Open Access Copy  Link to Item
    • Bianchi, F. “Evolving monetary/fiscal policy mix in the United States.” American Economic Review 102, no. 3 (July 5, 2012): 167–72. https://doi.org/10.1257/aer.102.3.167.
       Full Text
    • Bianchi, F., H. Mumtaz, and P. Surico. “The great moderation of the term structure of UK interest rates.” Journal of Monetary Economics 56, no. 6 (September 1, 2009): 856–71. https://doi.org/10.1016/j.jmoneco.2009.06.004.
       Full Text

  • Other Articles

    • Bianchi, F., H. Kung, and G. Morales. “Growth, slowdowns, and recoveries.” Journal of Monetary Economics, January 1, 2019. https://doi.org/10.1016/j.jmoneco.2018.07.001.
       Full Text  Open Access Copy
    • Bianchi, F. “Rare Events, Financial Crises, and the Cross-Section of Asset Returns.” Economics Research Initiatives at Duke (Erid) Working Paper, March 1, 2015.
    • Bianchi, F., C. L. Ilut, and M. Schneider. “Uncertainty Shocks, Asset Supply and Pricing Over the Business Cycle,” May 2014.
    • Bianchi, F., and C. L. Ilut. “Monetary/Fiscal Policy Mix and Agents’ Beliefs.” Economic Research Initiatives at Duke (Erid) Working Paper, May 1, 2014.
    • Bianchi, F., H. Mumtaz, and P. Surico. “Dynamics of the Term Structure of UK Interest Rates.” Economics Research Initiatives at Duke (Erid) Working Paper, March 1, 2009.
• Teaching & Mentoring
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  Recent Courses

  • ECON 706D: Macroeconomic Analysis II 2021
  • ECON 882: Special Topics in Macro International Finance 2021
  • ECON 393: Research Independent Study 2020
  • ECON 706D: Macroeconomic Analysis II 2020
  • ECON 882: Special Topics in Macro International Finance 2020
  • ECON 706D: Macroeconomic Analysis II 2019
  • ECON 882: Special Topics in Macro International Finance 2019

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