
Paolo Pesenti is the Director of the Monetary Policy Research Division in the Research and Statistics Group of the Federal Reserve Bank of New York. Before joining the Bank he taught Economics and International Affairs at Princeton. He also taught at New York and Columbia Universities and was a visiting scholar at several research institutions worldwide. He served as a scientific consultant to the European Central Bank and a resident scholar at the International Monetary Fund. Mr. Pesenti is affiliated with the Centre for Economic Policy Research and the National Bureau of Economic Research. His widely published research specializes in international macroeconomics and finance. He is a recipient of the Hicks-Tinbergen Medal of the European Economic Association for his work on international portfolio diversification, and he is coauthor of an award-winning monograph on the crisis of the European Monetary System. He has been a member of the editorial boards of the Journal of International Economics, the Journal of Money, Credit, and Banking, and the Economic Policy Review. Mr. Pesenti holds a Laurea in Economics and Social Studies from Bocconi University and a Ph.D. in Economics from Yale University.

Discussion paper
DP7689 Commodity prices, commodity currencies, and global economic developments
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- Commodity prices 
- Exchange rates 
- Factor models 
- Forecasting 
- Pls regression
Discussion paper
DP6700 Oil Price Movements and the Global Economy: A Model-Based Assessment
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- Dsge models 
- Oil prices 
- World economy
Discussion paper
DP6660 Varieties and the Transfer Problem: the Extensive Margin of Current Account Adjustment
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- Current account 
- Extensive margin 
- Global imbalances 
- Transfer problem
Discussion paper
DP5993 Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis
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- Current account deficit 
- Multi-country dge models 
- Net asset positions 
- Trade policy

VoxEU Column
Transatlantic economy policy responses to the pandemic and the road to recovery.
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- COVID-19 
- Macroeconomic policy 
- Monetary Policy 
- Public finances 
- ECB strategy 
- Federal Reserve 
- monetary policy frameworks
VoxEU Column
The transatlantic economy ten years after the crisis: Macro-financial scenarios and policy responses
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- Europe's nations and regions 
- Global economy 
- International trade 
- Macroeconomic policy 
- Monetary Policy 
- New York Fed 
- European commission 
- transatlantic relationship 
- Us 
- Eu 
- Growth 
- Financial stability

VoxEU Column
The transatlantic economy: Convergence or divergence?
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- Global economy
VoxEU Column
Policies and institutions for managing the aggregate macroeconomic stance of the Eurozone
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- EU institutions 
- EU policies 
- Macroeconomic policy 
- James Tobin 
- Funnel theory 
- Policy mix 
- monetary policy 
- Fiscal policy 
- Risk-sharing 
- EZ 
- Eurozone 
- Eurobonds
VoxEU Column
Structural reforms and monetary policy revisited
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- Macroeconomic policy 
- monetary policy 
- Eurozone crisis