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Francesco Zanetti

Professor of Economics · University of Oxford

Professor of Economics at the University of Oxford and David Richards Fellow of Wadham College. Works on macroeconomics, monetary economics and applied econometrics, including labour markets, news shocks, fiscal multipliers and unconventional monetary policy.

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Published Journal of Monetary Economics Online 1 Apr 2026 Published Apr 2026

Monetary policy in open economies with production networks

Zhesheng Qiu · Yicheng Wang · Le Xu · Francesco Zanetti

This paper studies the design of monetary policy in a multi-sector small open economy with domestic input-output linkages and cross-border production networks, under nominal price rigidities in …

Monetary Policy