Pierluigi Balduzzi
Personal Details
First Name: | Pierluigi |
Middle Name: | |
Last Name: | Balduzzi |
Suffix: | |
RePEc Short-ID: | pba469 |
[This author has chosen not to make the email address public] | |
http://www2.bc.edu/~balduzzp | |
Terminal Degree: | 1991 Department of Economics; University of California-Los Angeles (UCLA) (from RePEc Genealogy) |
Affiliation
(in no particular order)
Finance Department
Wallace E. Carroll School of Management
Boston College
Chestnut Hill, Massachusetts (United States)https://www.bc.edu/content/bc-web/schools/carroll-school/academic-departments/finance.html
RePEc:edi:fdbocus (more details at EDIRC)
Center for Retirement Research (CRR)
Boston College
Chestnut Hill, Massachusetts (United States)http://crr.bc.edu/
RePEc:edi:crrbcus (more details at EDIRC)
Research output
Jump to: Working papers ArticlesWorking papers
- Balduzzi, Pierluigi & Brancati, Emanuele & Brianti, Marco & Schiantarelli, Fabio, 2020. "The Economic Effects of COVID-19 and Credit Constraints: Evidence from Italian Firms' Expectations and Plans," IZA Discussion Papers 13629, Institute of Labor Economics (IZA).
- Pierluigi Balduzzi & Emanuele Brancati & Marco Brianti & Fabio Schiantarelli, 2020. "Credit Constraints anf Firms' Decisions: Evidence from the COVID-19 Outbreak Italian Firms’ Expectations and Plans," Boston College Working Papers in Economics 1013, Boston College Department of Economics, revised 07 Oct 2022.
- Pierluigi Balduzzi & Emanuele Brancati & Marco Brianti & Fabio Schiantarelli, 2019.
"Populism, Political Risk and the Economy: Lessons from Italy,"
Boston College Working Papers in Economics
989, Boston College Department of Economics, revised 28 Apr 2020.
- Balduzzi, Pierluigi & Brancati, Emanuele & Brianti, Marco & Schiantarelli, Fabio, 2020. "Populism, Political Risk and the Economy: Lessons from Italy," IZA Discussion Papers 12929, Institute of Labor Economics (IZA).
- Alessi, Lucia & Balduzzi, Pierluigi & Savona, Roberto, 2019. "Anatomy of a Sovereign Debt Crisis: CDS Spreads and Real-Time Macroeconomic Data," JRC Working Papers in Economics and Finance 2019-03, Joint Research Centre, European Commission.
- Pierluigi Balduzzi & Emanuele Brancati & Fabio Schiantarelli, 2013.
"Financial Markets, Banks' Cost of Funding, and Firms' Decisions: Lessons from Two Crises,"
Boston College Working Papers in Economics
824, Boston College Department of Economics, revised 12 Aug 2016.
- Balduzzi, Pierluigi & Brancati, Emanuele & Schiantarelli, Fabio, 2018. "Financial markets, banks’ cost of funding, and firms’ decisions: Lessons from two crises," Journal of Financial Intermediation, Elsevier, vol. 36(C), pages 1-15.
- Balduzzi, Pierluigi & Brancati, Emanuele & Schiantarelli, Fabio, 2013. "Financial Markets, Banks' Cost of Funding, and Firms' Decisions: Lessons from Two Crises," IZA Discussion Papers 7872, Institute of Labor Economics (IZA).
- Pierluigi Balduzzi & Emanuele Brancati & Fabio Schiantarelli, 2014. "Financial Markets, BanksÕ Cost of Funding, and FirmsÕ Decisions: Lessons from Two Crises," Working Papers CASMEF 1404, Dipartimento di Economia e Finanza, LUISS Guido Carli.
- Pierluigi Balduzzi & Emanuele Brancati & Fabio Schiantarelli, 2015. "Financial Markets, Banks' Cost of Funding, and Firms' Decisions: Lessons from Two Crises," CESifo Working Paper Series 5669, CESifo.
- Julie Agnew & Pierluigi Balduzzi, 2012. "The Reluctant Retirement Trader: Do Asset Returns Overcome Inertia?," NFI Working Papers 2012-WP-01, Indiana State University, Scott College of Business, Networks Financial Institute.
- Pierluigi Balduzzi & Jonathan Reuter, 2012. "Heterogeneity in Target-Date Funds: Optimal Risk-Taking or Risk Matching?," NBER Working Papers 17886, National Bureau of Economic Research, Inc.
- Pierluigi Balduzzi & Cesare Robotti, 2005.
"Asset-pricing models and economic risk premia: a decomposition,"
FRB Atlanta Working Paper
2005-13, Federal Reserve Bank of Atlanta.
- Balduzzi, Pierluigi & Robotti, Cesare, 2010. "Asset pricing models and economic risk premia: A decomposition," Journal of Empirical Finance, Elsevier, vol. 17(1), pages 54-80, January.
- Pierluigi Balduzzi & Cesare Robotti, 2005.
"Mimicking portfolios, economic risk premia, and tests of multi-beta models,"
FRB Atlanta Working Paper
2005-04, Federal Reserve Bank of Atlanta.
- Balduzzi, Pierluigi & Robotti, Cesare, 2008. "Mimicking Portfolios, Economic Risk Premia, and Tests of Multi-Beta Models," Journal of Business & Economic Statistics, American Statistical Association, vol. 26, pages 354-368.
- Julie Agnew & Pierluigi Balduzzi, 2004. "Large, Small, International: Equity Portfolio Choices in a Large 401(k) Plan," Working Papers, Center for Retirement Research at Boston College wp2004-14, Center for Retirement Research, revised May 2004.
- Pierluigi Balduzzi & Cesare Robotti, 2001. "Minimum-variance kernels, economic risk premia, and tests of multi-beta models," FRB Atlanta Working Paper 2001-24, Federal Reserve Bank of Atlanta.
- Cesare Robotti & Pierluigi Balduzzi, 1999. "Minimum-Variance Kernels and Economic Risk Premia," Computing in Economics and Finance 1999 953, Society for Computational Economics.
- Anthony W. Lynch & Pierluigi Balduzzi, 1998.
"Predictability and Transaction Costs: The Impact on Rebalancing Rules and Behavior,"
New York University, Leonard N. Stern School Finance Department Working Paper Seires
98-049, New York University, Leonard N. Stern School of Business-.
- Anthony W. Lynch & Pierluigi Balduzzi, 2000. "Predictability and Transaction Costs: The Impact on Rebalancing Rules and Behavior," Journal of Finance, American Finance Association, vol. 55(5), pages 2285-2309, October.
- Pierluigi Balduzzi & Giuseppe Bertola & Silverio Foresi & Leora Klapper, 1997.
"Interest Rate Targeting and the Dynamics of Short-Term Rates,"
NBER Working Papers
5944, National Bureau of Economic Research, Inc.
- Balduzzi, Pierluigi, et al, 1998. "Interest Rate Targeting and the Dynamics of Short-Term Rates," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 30(1), pages 26-50, February.
- Pierluigi Balduzzi & Edwin J. Elton & T. Clifton Green, 1996.
"Economic News and the Yield Curve: Evidence From the U.S. Treasury Market,"
New York University, Leonard N. Stern School Finance Department Working Paper Seires
96-13, New York University, Leonard N. Stern School of Business-.
- Pierluigi Balduzzi & Edwin J. Elton & T. Clifton Green, 1997. "Economic News and the Yield Curve: Evidence from the U.S. Treasury Market," New York University, Leonard N. Stern School Finance Department Working Paper Seires 98-005, New York University, Leonard N. Stern School of Business-.
- Pierluigi Balduzzi & Silverio Foresi & David Hait, 1996.
""Price Barriers" and the Dynamics of Asset Prices in Equilibrium,"
New York University, Leonard N. Stern School Finance Department Working Paper Seires
96-11, New York University, Leonard N. Stern School of Business-.
- Balduzzi, Pierluigi & Foresi, Silverio & Hait, David J., 1997. "Price Barriers and the Dynamics of Asset Prices in Equilibrium," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 32(2), pages 137-159, June.
- Pierluigi Balduzzi & Sanjiv Das & Silverio Foresi, 1996.
"The Central Tendency: A Second Factor in Bond Yields,"
New York University, Leonard N. Stern School Finance Department Working Paper Seires
96-12, New York University, Leonard N. Stern School of Business-.
- Pierluigi Balduzzi & Sanjiv Ranjan Das & Silverio Foresi, 1998. "The Central Tendency: A Second Factor In Bond Yields," The Review of Economics and Statistics, MIT Press, vol. 80(1), pages 62-72, February.
- Pierluigi Balduzzi & Sanjiv Ranjan Das & Silverio Foresi, 1997. "The Central Tendency: A Second Factor in Bond Yields," NBER Working Papers 6325, National Bureau of Economic Research, Inc.
- Pierluigi Balduzzi & Giuseppe Bertola & Silverio Foresi, 1993.
"Non-linearities in Asset Prices and Infrequent Noise Trading,"
CEPR Financial Markets Paper
0033, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 33 Great Sutton Street, London EC1V 0DX..
- Balduzzi, P. & Bertola, G. & Foresi, S., 1992. "Nonlinearities in Asset Prices and Infrequent Noise Trading," Papers 131, Princeton, Department of Economics - Financial Research Center.
- Pierluigi Balduzzi & Giuseppe Bertola & Silverio Foresi, 1993.
"A Model of Target Changes and the Term Structure of Interest Rates,"
NBER Working Papers
4347, National Bureau of Economic Research, Inc.
- Balduzzi, Pierluigi & Bertola, Giuseppe & Foresi, Silverio, 1997. "A model of target changes and the term structure of interest rates," Journal of Monetary Economics, Elsevier, vol. 39(2), pages 223-249, July.
- Balduzzi, P., 1990. "Stock Returns And Inflation: Some Empirical Evidence," Papers 12, California Los Angeles - Applied Econometrics.
Articles
- Balduzzi, Pierluigi & Brancati, Emanuele & Brianti, Marco & Schiantarelli, Fabio, 2024. "Credit constraints and firms’ decisions: Lessons from the COVID-19 outbreak," Journal of Monetary Economics, Elsevier, vol. 142(C).
- Pierluigi Balduzzi & Roberto Savona & Lucia Alessi, 2023. "Anatomy of a Sovereign Debt Crisis: Machine Learning, Real-Time Macro Fundamentals, and CDS Spreads," Journal of Financial Econometrics, Oxford University Press, vol. 21(5), pages 1728-1758.
- Pierluigi Balduzzi & Emanuele Brancati & Marco Brianti & Fabio Schiantarelli, 2023. "Political Risk, Populism and the Economy," The Economic Journal, Royal Economic Society, vol. 133(653), pages 1677-1704.
- Pierluigi Balduzzi & I-Hsuan Ethan Chiang, 2020. "Real Exchange Rates and Currency Risk Premiums," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 10(1), pages 94-121.
- Pierluigi Balduzzi & Jonathan Reuter, 2019. "Heterogeneity in Target Date Funds: Strategic Risk-taking or Risk Matching?," The Review of Financial Studies, Society for Financial Studies, vol. 32(1), pages 300-337.
- Balduzzi, Pierluigi & Brancati, Emanuele & Schiantarelli, Fabio, 2018.
"Financial markets, banks’ cost of funding, and firms’ decisions: Lessons from two crises,"
Journal of Financial Intermediation, Elsevier, vol. 36(C), pages 1-15.
- Balduzzi, Pierluigi & Brancati, Emanuele & Schiantarelli, Fabio, 2013. "Financial Markets, Banks' Cost of Funding, and Firms' Decisions: Lessons from Two Crises," IZA Discussion Papers 7872, Institute of Labor Economics (IZA).
- Pierluigi Balduzzi & Emanuele Brancati & Fabio Schiantarelli, 2014. "Financial Markets, BanksÕ Cost of Funding, and FirmsÕ Decisions: Lessons from Two Crises," Working Papers CASMEF 1404, Dipartimento di Economia e Finanza, LUISS Guido Carli.
- Pierluigi Balduzzi & Emanuele Brancati & Fabio Schiantarelli, 2015. "Financial Markets, Banks' Cost of Funding, and Firms' Decisions: Lessons from Two Crises," CESifo Working Paper Series 5669, CESifo.
- Pierluigi Balduzzi & Emanuele Brancati & Fabio Schiantarelli, 2013. "Financial Markets, Banks' Cost of Funding, and Firms' Decisions: Lessons from Two Crises," Boston College Working Papers in Economics 824, Boston College Department of Economics, revised 12 Aug 2016.
- Balduzzi, Pierluigi & Moneta, Fabio, 2017. "Economic Risk Premia in the Fixed-Income Markets: The Intraday Evidence," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 52(5), pages 1927-1950, October.
- Pierluigi Balduzzi & I-Hsuan Ethan Chiang, 2012. "A Simple Test of the Affine Class of Term Structure Models," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 2(2), pages 203-244.
- Balduzzi, Pierluigi & Robotti, Cesare, 2010.
"Asset pricing models and economic risk premia: A decomposition,"
Journal of Empirical Finance, Elsevier, vol. 17(1), pages 54-80, January.
- Pierluigi Balduzzi & Cesare Robotti, 2005. "Asset-pricing models and economic risk premia: a decomposition," FRB Atlanta Working Paper 2005-13, Federal Reserve Bank of Atlanta.
- Balduzzi, Pierluigi & Robotti, Cesare, 2008.
"Mimicking Portfolios, Economic Risk Premia, and Tests of Multi-Beta Models,"
Journal of Business & Economic Statistics, American Statistical Association, vol. 26, pages 354-368.
- Pierluigi Balduzzi & Cesare Robotti, 2005. "Mimicking portfolios, economic risk premia, and tests of multi-beta models," FRB Atlanta Working Paper 2005-04, Federal Reserve Bank of Atlanta.
- Balduzzi, Pierluigi, 2007. "Money and asset prices in a continuous-time Lucas and Stokey cash-in-advance economy," Journal of Economic Dynamics and Control, Elsevier, vol. 31(8), pages 2713-2743, August.
- Balduzzi, Pierluigi & Yao, Tong, 2007. "Testing heterogeneous-agent models: an alternative aggregation approach," Journal of Monetary Economics, Elsevier, vol. 54(2), pages 369-412, March.
- Julie Agnew & Pierluigi Balduzzi & Annika Sundén, 2003. "Portfolio Choice and Trading in a Large 401(k) Plan," American Economic Review, American Economic Association, vol. 93(1), pages 193-215, March.
- Balduzzi, Pierluigi & Elton, Edwin J. & Green, T. Clifton, 2001. "Economic News and Bond Prices: Evidence from the U.S. Treasury Market," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 36(4), pages 523-543, December.
- Anthony W. Lynch & Pierluigi Balduzzi, 2000.
"Predictability and Transaction Costs: The Impact on Rebalancing Rules and Behavior,"
Journal of Finance, American Finance Association, vol. 55(5), pages 2285-2309, October.
- Anthony W. Lynch & Pierluigi Balduzzi, 1998. "Predictability and Transaction Costs: The Impact on Rebalancing Rules and Behavior," New York University, Leonard N. Stern School Finance Department Working Paper Seires 98-049, New York University, Leonard N. Stern School of Business-.
- Balduzzi, Pierluigi & Lynch, Anthony W., 1999. "Transaction costs and predictability: some utility cost calculations," Journal of Financial Economics, Elsevier, vol. 52(1), pages 47-78, April.
- Balduzzi, Pierluigi, et al, 1998.
"Interest Rate Targeting and the Dynamics of Short-Term Rates,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 30(1), pages 26-50, February.
- Pierluigi Balduzzi & Giuseppe Bertola & Silverio Foresi & Leora Klapper, 1997. "Interest Rate Targeting and the Dynamics of Short-Term Rates," NBER Working Papers 5944, National Bureau of Economic Research, Inc.
- Pierluigi Balduzzi & Sanjiv Ranjan Das & Silverio Foresi, 1998.
"The Central Tendency: A Second Factor In Bond Yields,"
The Review of Economics and Statistics, MIT Press, vol. 80(1), pages 62-72, February.
- Pierluigi Balduzzi & Sanjiv Das & Silverio Foresi, 1996. "The Central Tendency: A Second Factor in Bond Yields," New York University, Leonard N. Stern School Finance Department Working Paper Seires 96-12, New York University, Leonard N. Stern School of Business-.
- Pierluigi Balduzzi & Sanjiv Ranjan Das & Silverio Foresi, 1997. "The Central Tendency: A Second Factor in Bond Yields," NBER Working Papers 6325, National Bureau of Economic Research, Inc.
- Balduzzi, Pierluigi & Bertola, Giuseppe & Foresi, Silverio, 1997.
"A model of target changes and the term structure of interest rates,"
Journal of Monetary Economics, Elsevier, vol. 39(2), pages 223-249, July.
- Pierluigi Balduzzi & Giuseppe Bertola & Silverio Foresi, 1993. "A Model of Target Changes and the Term Structure of Interest Rates," NBER Working Papers 4347, National Bureau of Economic Research, Inc.
- Balduzzi, Pierluigi & Foresi, Silverio & Hait, David J., 1997.
"Price Barriers and the Dynamics of Asset Prices in Equilibrium,"
Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 32(2), pages 137-159, June.
- Pierluigi Balduzzi & Silverio Foresi & David Hait, 1996. ""Price Barriers" and the Dynamics of Asset Prices in Equilibrium," New York University, Leonard N. Stern School Finance Department Working Paper Seires 96-11, New York University, Leonard N. Stern School of Business-.
- Balduzzi, Pierluigi & Kallal, Hedi, 1997. "Risk Premia and Variance Bounds," Journal of Finance, American Finance Association, vol. 52(5), pages 1913-1949, December.
- Balduzzi, Pierluigi & Corsetti, Giancarlo & Foresi, Silverio, 1997. "Yield-curve movements and fiscal retrenchments," European Economic Review, Elsevier, vol. 41(9), pages 1675-1685, December.
- Balduzzi, Pierluigi & Kallal, Hedi & Longin, Francois, 1996. "Minimal returns and the breakdown of the price-volume relation," Economics Letters, Elsevier, vol. 50(2), pages 265-269, February.
- Balduzzi, Pierluigi, 1996. "Inflation and asset prices in a monetary economy," Economics Letters, Elsevier, vol. 53(1), pages 67-74, October.
- Balduzzi, Pierluigi & Foresi, Silverio, 1996. "Money, transactions and portfolio choice," Ricerche Economiche, Elsevier, vol. 50(1), pages 57-68, March.
- Balduzzi, Pierluigi & Bertola, Giuseppe & Foresi, Silverio, 1995. "Asset Price Dynamics and Infrequent Feedback Trades," Journal of Finance, American Finance Association, vol. 50(5), pages 1747-1766, December.
- Balduzzi, Pierluigi, 1995. "Stock returns, inflation, and the 'proxy hypothesis': A new look at the data," Economics Letters, Elsevier, vol. 48(1), pages 47-53, April.
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This author is among the top 5% authors according to these criteria:- Number of Distinct Works, Weighted by Recursive Impact Factor
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Co-authorship network on CollEc
NEP Fields
NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 12 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.- NEP-BAN: Banking (4) 2013-07-20 2014-01-24 2014-07-13 2019-06-24
- NEP-EEC: European Economics (4) 2013-07-20 2019-06-24 2019-12-09 2020-03-16
- NEP-MAC: Macroeconomics (4) 2019-12-09 2020-03-16 2020-08-10 2020-09-28
- NEP-OPM: Open Economy Macroeconomics (3) 2019-06-24 2019-12-09 2020-03-16
- NEP-CFN: Corporate Finance (2) 1999-07-12 2014-01-24
- NEP-FIN: Finance (2) 1999-07-12 2005-05-23
- NEP-FMK: Financial Markets (2) 2002-02-15 2005-09-11
- NEP-ECM: Econometrics (1) 2005-05-23
- NEP-EUR: Microeconomic European Issues (1) 2020-08-10
- NEP-FDG: Financial Development and Growth (1) 2020-09-28
- NEP-PKE: Post Keynesian Economics (1) 2002-02-15
- NEP-RMG: Risk Management (1) 2005-05-23
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