Fabio Verona
Fabio Verona works as adviser in the Research Unit of the Bank of Finland. His main area of research is macro-finance, both theoretical and applied. Recent work has focused on applying wavelets methods to forecast stock market returns and to study the dynamics of inflation and investment behavior. Past research focused on including informational and financial frictions in DSGE models.
He has contributed to the development of the DSGE models (Aino 2.0 and Aino 3.0) currently used for forecasting and policy simulations at the Bank of Finland.
Before joining the Bank of Finland, he was a “Robert Solow” post-doc fellow at the Institute for Monetary and Financial Stability (Goethe University Frankfurt). He obtained his PhD in Economics from the University of Porto in May 2011, and was a visiting PhD student at Columbia University for the academic year 2009-2010.
Inflation dynamics in the frequency domain (10.8.2023). Manuel M.F. Martins; Fabio Verona. Economics Letters.
Investment dynamics and forecast: Mind the frequency (28.6.2022). Juha Kilponen; Fabio Verona. Finance Research Letters.
Time-frequency forecast of the equity premium (23.10.2020). Gonçalo Faria; Fabio Verona. Quantitative Finance.
Bond vs bank finance and the Great Recession (20.5.2020). Manuel M. F. Martins; Fabio Verona. Finance Research Letters.
Investment, Tobin’s Q, and cash flow across time and frequencies (9.3.2020). Fabio Verona. Oxford Bulletin of Economics and Statistics.
The yield curve and the stock market: mind the long run (11.9.2019). Gonçalo Faria; Fabio Verona. Journal of Financial Markets.
Forecasting stock market returns by summing the frequency-decomposed parts (15.1.2018). Gonçalo Faria; Fabio Verona. Journal of Empirical Finance.
Financial shocks, financial stability, and optimal Taylor rules (22.4.2017). Fabio Verona; Manuel M.F. Martins; Inês Drumond. Journal of Macroeconomics.
Time-frequency characterization of the U.S. financial cycle (17.5.2016). Fabio Verona. Economics Letters.
Investment dynamics with information costs (21.11.2014). Fabio Verona. Journal of Money, Credit and Banking.
Pervasive inattentiveness (28.9.2014). Fabio Verona. Economics Letters.
(Un)anticipated monetary policy in a DSGE model with a shadow banking system (15.9.2013). Fabio Verona; Manuel M. F. Martins; Inês Drumond. International Journal of Central Banking.
Sticky information models in Dynare (3.5.2013). Fabio Verona; Maik Wolters. Computational Economics.
Monetary policy rules : model uncertainty meets design limits (19.9.2023). Alexander Dück; Fabio Verona. Bank of Finland Research Discussion Papers
Forecast combination in the frequency domain (18.1.2023). Gonçalo Faria; Fabio Verona. Bank of Finland Research Discussion Papers
Optimal bank capital requirements : What do the macroeconomic models say? (29.4.2022). Adam Gulan; Esa Jokivuolle; Fabio Verona. BoF Economics Review
Inflation dynamics and forecast : frequency matters (8.6.2021). Manuel M. F. Martins; Fabio Verona. Bank of Finland Research Discussion Papers
The Aino 3.0 model (26.5.2020). Aino Silvo; Fabio Verona. Bank of Finland Research Discussion Papers
Time-frequency forecast of the equity premium (27.4.2020). Gonçalo Faria; Fabio Verona. Bank of Finland Research Discussion Papers
Forecasting inflation with the New Keynesian Phillips curve : Frequency matters (21.4.2020). Manuel M. F. Martins; Fabio Verona. Bank of Finland Research Discussion Papers
Frequency-domain information for active portfolio management (9.1.2020). Gonçalo Faria; Fabio Verona. Bank of Finland Research Discussion Papers
Assessing U.S. aggregate fluctuations across time and frequencies (20.2.2019). Thomas A. Lubik; Christian Matthes; Fabio Verona. Bank of Finland Research Discussion Papers
The equity risk premium and the low frequency of the term spread (3.4.2018). Gonçalo Faria; Fabio Verona. Bank of Finland Research Discussion Papers
Q, investment, and the financial cycle (2.9.2017). Fabio Verona. Bank of Finland Research Discussion Papers
Forecasting the equity risk premium with frequency-decomposed predictors (3.1.2017). Gonçalo Faria; Fabio Verona. Bank of Finland Research Discussion Papers
Testing the Q theory of investment in the frequency domain (20.12.2016). Juha Kilponen; Fabio Verona. Bank of Finland Research Discussion Papers
Forecasting stock market returns by summing the frequency-decomposed parts (28.11.2016). Gonçalo Faria; Fabio Verona. Bank of Finland Research Discussion Papers
The Aino 2.0 model (31.5.2016). Juha Kilponen; Seppo Orjasniemi; Antti Ripatti; Fabio Verona. Bank of Finland Research Discussion Papers
Time-frequency characterization of the U.S. financial cycle (23.5.2016). Fabio Verona. Bank of Finland Research Discussion Papers
Financial shocks, financial stability, and optimal Taylor rules (26.8.2014). Fabio Verona; Manuel M. F. Martins; Inês Drumond. Bank of Finland Research Discussion Papers
Financial shocks, financial stability, and optimal Taylor rules (26.8.2014). Fabio Verona; Manuel M. F. Martins; Inês Drumond. Bank of Finland Research Discussion Papers
Investment dynamics with information costs (28.8.2013). Fabio Verona. Bank of Finland Research Discussion Papers
Lumpy investment in sticky information general equilibrium (15.8.2013). Fabio Verona. Bank of Finland Research Discussion Papers
Sticky information models in Dynare (5.5.2013). Fabio Verona; Maik H. Wolters. Bank of Finland Research Discussion Papers
(Un)anticipated monetary policy in a DSGE model with a shadow banking system (11.4.2013). Fabio Verona; Manuel M. F. Martins; Inês Drumond. Bank of Finland Research Discussion Papers
Moving Macroeconomic Analysis beyond Business Cycles (4.4.2019). Renee Haltom; Thomas A. Lubik; Christian Matthes; Fabio Verona. Federal Reserve Bank of Richmond. Economic Brief.
The yield curve and the stock market: mind the long run (9.5.2018). Gonçalo Faria; Fabio Verona. VoxEU.