Carlo Rosa

Carlo Rosa

Senior Economist
Markets Group
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045



Human Capital and International Portfolio Diversification: A Reappraisal
With Lorenzo Bretscher and Christian Julliard
Journal of International Economics, 99 (S1), S78-S96, 2016

Walking on Thin Ice: Market Quality around FOMC Announcements
Economics Letters, 138, 5-8, 2016

The Equity Risk Premium: A Review of Models
 With Fernando Duarte
Federal Reserve Bank of New York Economic Policy Review, Volume 21, Number 2, 39-57, 2015

The High-Frequency Response of Energy Prices to U.S. Monetary Policy: Understanding the Empirical Evidence
Energy Economics 45, 295-303, 2014

Municipal Bonds and Monetary Policy: Evidence from the Fed Funds Futures Market
Journal of Futures Markets 34 (5), 434-450, 2014.

Market Efficiency Broadcasted Live: ECB Code Words and Euro Exchange Rates
Journal of Macroeconomics 38 (B), 167-178, 2013.

The Financial Market Effect of FOMC Minutes
Federal Reserve Bank of New York Economic Policy Review, 19 (2), 67-81, 2013

Words That Shake Traders
Journal of Empirical Finance 18 (5), 915-934, 2011

The High-Frequency Response of Exchange Rates To Monetary Policy Actions and Statements
Journal of Banking and Finance 35 (2), pp. 478-489, 2011

Talking Less and Moving the Market More: Evidence from the ECB and the Fed
Scottish Journal of Political Economy 58 (1), pp. 51-81, 2011

The validity of the Event-Study Approach: Evidence from the Impact of the Fed’s Monetary Policy on U.S. and Foreign Asset Prices
Economica, 78 (311), pp. 429-439, 2011.

Forecasting the Direction of Policy Rate Changes: The Importance of ECB Words
Economic Notes 38 (1-2), pp. 39–66, 2009

The Impact of Central Bank Announcements on Asset Prices in Real Time
With Giovanni Verga
International Journal of Central Banking 4 (2), pp. 175-217, 2008

On the Consistency and Effectiveness of Central Bank Communication: Evidence from the ECB
With Giovanni Verga
European Journal of Political Economy 23 (1), pp. 146-175, 2007

Carlo Rosa's CVPDF

The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.