Education
Ph.D. Economics
Northwestern University
Evanston, Illinois
2004
M.A. Economics
Northwestern University
Evanston, Illinois
2000
M.A. Economics
Universitá Commerciale L. Bocconi
Milan, Italy
1997
B.A. Economics
Universitá Commerciale L. Bocconi
Milan, Italy
1996
Contact Info
Phone: (314) 444-7375
Fax: (314) 444-8730
Email: Riccardo.DiCecio@stls.frb.org
Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442
For media inquiries contact:
Ben C. Hardaway
mediainquiries@stls.frb.org
Office: (314) 444-8783
Cell: (314) 341-2714
Riccardo DiCecio
Economist and Special Assistant to the President
Published Articles
"Cross-country Income Convergence Revisited"
with Levon Barseghyan
Economics Letters, December 2011, 113(3), pp. 244-7.
"Entry Costs, Industry Structure, and Cross-Country Income and TFP Differences"
with Levon Barseghyan
Journal of Economic Theory, September 2011, 146(5), pp. 1828-51.
Previously circulated under the title "Entry Costs, Misallocation, and Cross-Country Income and TFP Differences"
"Income Convergence in the
United States: A Tale of Migration and Urbanization"
with Charles S. Gascon
Annals of Regional Science, October 2010, 45(2), pp. 365-77.
"Euro Membership as a U.K. Monetary Policy Option: Results from a Structural Model"
with Edward Nelson
Alberto Alesina and Francesco Giavazzi, eds., Europe and the Euro, 2010, pp. 415-39, University of Chicago Press.
Also available as NBER Working Paper No. 14894.
"Sticky Wages and Sectoral Labor Comovement"
Journal of Economic Dynamics and Control, March 2009, 33(3), pp. 538-53.
"Optimal Monetary Policy, Endogenous Sticky Prices and Multiplicity of Equilibria"
with Levon Barseghyan
Topics in Macroeconomics, January 2007, 7(1), Article 8.
Review Articles
"Institutional Causes of Output Volatility"
with Levon Barseghyan
Federal Reserve Bank of St. Louis Review, May/June 2010, 92(3), pp. 205-23.
"Supply Shocks, Demand Shocks, and Labor Market Fluctuations"
with Helge Braun and Reinout De Bock
Federal Reserve Bank of St. Louis Review, May/June 2009, 91(3), pp. 155-78.
"Changing Trends in the Labor Force: A Survey"
with Kristie M. Engemann, Michael T. Owyang, and Christopher H. Wheeler
Federal Reserve Bank of St. Louis Review, January/February 2008, 90(1), pp. 47-62.
"An Estimated DSGE Model for the United Kingdom"
with Edward Nelson
Federal Reserve Bank of St. Louis Review, July/August 2007, 89(4), pp. 215-31.
Articles in Other Federal Reserve Bank of St. Louis Publications
"Shortcomings of and Improvements to Measures of Income across Countries"
with Julieta Caunedo
Federal Reserve Bank of St. Louis The Regional Economist, October 2010, pp. 20-22.
"Income Differences around the Globe Go Beyond Physical, Human Capital"
Federal Reserve Bank of St. Louis The Regional Economist, April 2010, pp. 12-13.
"Is There an Inflation Disconnect, and Could It Affect Policymaking?"
Federal Reserve Bank of St. Louis Central Banker, Fall 2007, p. 5.
"Gas Prices: Don't Panic... Yet"
Federal Reserve Bank of St. Louis Central Banker, Fall 2006, p. 5.
Conference/Seminar Presentations
2011
"Identifying Technology Shocks in the Frequency Domain," Midwest Macro Meetings, Nashville, TN
2010
"Entry Costs, Industry Structure, and Cross-Country Income and TFP Differences," Banco de España, Madrid, Spain
"Entry Costs, Industry Structure, and Cross-Country Income and TFP Differences," CEMFI, Madrid, Spain
"Entry Costs, Industry Structure, and Cross-Country Income and TFP Differences," EEA, 25th Annual Congress, Glasgow, U.K.
"Identifying Technology Shocks in the Frequency Domain," WEAI, 85th Annual Conference, Portland, OR
"Entry Costs, Industry Structure, and Cross-Country Income and TFP Differences," Midwest Macroeconomics Meetings - Michigan State University, East Lansing, MI
"Entry Costs, Industry Structure, and Cross-Country Income and TFP Differences," SNDE 18th Annual Symposium, Novara, Italy
Working Papers
"Identifying Technology Shocks in the Frequency Domain"
with Michael T. Owyang
Working Paper 2010-025A posted August 2010
"The Great Inflation in the United States and the United Kingdom: Reconciling Policy Decisions and Data Outcomes"
with Edward Nelson
Working Paper 2009-015B posted April 2009
"Endogenous Productivity and Multiple Steady States"
with Levon Barseghyan
Working Paper 2008-023A posted July 2008
"Aggregate Shocks and Labor Market Fluctuations"
with Helge Braun and Reinout De Bock
Working Paper 2006-004A posted January 2006
"Heterogeneous Firms, Productivity, and Poverty Traps"
with Levon Barseghyan
Working Paper 2005-068B posted October 2005, updated December 2006
Recent Commentary
"Recent Changes in Labor Force Participation: Trend or Cycle?"
with Charles S. Gascon
Federal Reserve Bank of St. Louis National Economic Trends, June 2010.
"Why Income Per Worker Differs Worldwide"
Federal Reserve Bank of St. Louis National Economic Trends, March 2010.