Guido Menzio
University of Pennsylvania and NBER
Contact Information
and Vitae
Contact Information:
Email:
“gmenzio” at “econ.upenn.edu”
Phone:
773-865-6337
Office:
215-898-5170
Fax:
215-573-2057
Mail:
467 McNeil Building, 3718 Locust Walk,
Fields of Specialization:
Primary:
Macroeconomics, Search Theory.
Secondary:
Labor Economics, Monetary Theory, Contract Theory.
Academic Positions:
Associate Professor: Dept of Economics, University of
Pennsylvania, PA, 2011-.
National Fellow: Hoover Institution, Stanford
University, CA, 2007-2008.
Assistant Professor: Dept of Economics, University of
Pennsylvania, PA, 2005-2011.
Visiting Positions:
Visiting Scholar: FRB Philadelphia,
PA, 2009-.
Visiting Scholar: Cowles Foundation,
Yale University, CT, 2010.
Visiting Scholar: University of
Western Ontario, ON, 2010.
PER Visitor: Columbia University, NY, November 2009.
Visiting Scholar: FRB Minneapolis,
MN, December 2008.
Editorial Positions:
Editorial Board, International
Economic Review, 2011-.
Education:
Ph.D.: Economics, Northwestern University, Evanston,
IL, 2005
Dissertation: The Wage Policy of the Firm:
Micro-foundations and Macro
Implications
Committee Chairperson: Professor
Dale T. Mortensen
M.A.: Economics, Northwestern University, Evanston,
IL, 2002.
B.A.: Economics, University of Torino, Italy,
1994-1999, Summa cum Laude.
Honors, Scholarships and Grants:
National Bureau of Economic
Research, Faculty Research Fellow, 2009-.
Duke University, Young
Macroeconomists Jamboree, 2008.
Hoover Institution, W. Glenn Campbell and Rita
Ricardo-Campbell Fellowship, 2007-08.
University of Pennsylvania, Kravis Award for
Undergraduate Teaching, 2007.
Northwestern University, Graduate School Dissertation
Year Fellowship, 2004-05.
Northwestern University, Graduate Fellow, 2003-04.
Northwestern University, Teaching
Assistant Award, 2003.
Northwestern University, Distinction on Preliminary
Examinations, 2001.
Medio Credito Centrale,
Scholarship Marco Fanno, 2000-02.
Alleanza Assicurazioni, Best Thesis
Award, 2000.
Publications:
“Sticky Prices: A New Monetarist
Approach,” with Allen Head (Queen’s University), Lucy Qian
Liu (IMF) and Randall Wright (University of Wisconsin-Madison), Journal of the European Economic Association,
Forthcoming.
“Efficient Search on the Job and the Business Cycle,”
with Shouyong Shi (University of Toronto), Journal
of Political Economy, 2011, 119 (3): 468-510.
“Job Search with Bidder Memories,” with Carlos Carillo-Tudela (University of Essex) and Eric Smith
(University of Essex), International
Economic Review, 2011, 52 (3): 639-655.
“Inflation and Unemployment in the Long Run,” with Aleksander Berentsen (University
of Basel) and Randall Wright (University of Wisconsin-Madison), American Economic Review, 2011, 101 (1),
371-398.
“Worker Replacement,” with Espen Moen (Norwegian School of Management), Journal
of Monetary Economics, 2010, 57 (6), 623-636. Lead article.
“Directed Search on the Job, Heterogeneity and
Aggregate Fluctuations,” with Shouyong Shi (University of Toronto), American Economic Review, 2010, 100 (2), 327-332.
“Block Recursive Equilibria for Stochastic Models of
Search on the Job,” with Shouyong Shi (University of Toronto), Journal of Economic Theory, 2010, 145
(4), 1453-1494.
“A Theory of Partially Directed Search,” Journal of Political Economy, 2007, 115
(5), 748-769.
Working Papers:
“Search Theory of Optimal Income Taxation,” with
Mikhail Golosov (Princeton University) and Pricila Maziero (University of Pennsylvania), April 2012.
“Directed Search over the Life Cycle,” with Irina
Telyukova (University of California at San Diego) and Ludo Visschers
(Universidad Carlos III), NBER Working Paper 17746, January 2012.
“Monetary Theory with Non-Degenerate
Distributions,” with Shouyong Shi (University of Toronto) and Hongfei Sun (Queen’s University), PIER Working Paper
11-011, March 2011.
“A Search Theory of Rigid Prices,” PIER Working Paper
07-031, September 2007.
“High-Frequency Wage Rigidity,” Job Market Paper,
March 2005.
Work in Progress:
“The Unemployment Externality,” with
Greg Kaplan (University of Pennsylvania).
“Strategic Origin of Search
Frictions,” with Pieter Gautier (Free University of Amsterdam).
Invited Seminars:
2012: Science Po, Washington University in Saint
Louis, FRB Kansas City, University of Wisconsin at Madison, University of
British Columbia.
2011: Yale University, Duke University, FRB Richmond,
Boston University, University of Rochester, Universitat
Autonoma de Barcelona, European University Institute,
University of Southampton.
2010: Aarhus University, University of Amsterdam,
Columbia University, FRB Atlanta, New York University, University of Western
Ontario.
2009: Duke University, University of Wisconsin at
Madison, FRB Minneapolis, FRB Chicago, Pennsylvania State University, FRB
Philadelphia, Georgetown University.
2008: University of Michigan, Stanford University,
Hoover Institution.
2007: University of Maryland, FRB Cleveland,
University of Pennsylvania, University of Toronto.
2006: University of Turin, University of Oslo,
Stanford University, University of Pennsylvania, UC Los Angeles, FRB Saint
Louis.
2005: Princeton, Carnegie-Mellon, UT Austin,
University of Pennsylvania, University of Chicago, IIES, London School of
Economics, University of Minnesota, UC San Diego, University of Chicago GSB,
Northwestern University.
Conference Presentations:
2012: Conference on Unemployment and the Life Cycle at
CEPREMAP, NBER Winter Meeting (RSW), on Policy and Frictions at Tinbergen
Institute, ASSA Chicago.
2011: Saint Louis FRB Economic Policy Conference,
Conference in honor of Dale Mortensen at Northwestern University, NBER Summer
Institute (RSW), Conference on Policy and Frictions at Tinbergen Institute.
2010: Texas Monetary Conference at UT Austin, ASSA
Atlanta, NBER Summer Institute (EFHJ), NBER Summer Institute (RSW), Minnesota
Macro Conference.
2009: Research on Money and Markets Workshop at the
University of Toronto, NBER Small Group Meeting (RSW), Search and Matching
Conference at the University of Pennsylvania, SED Istanbul, Tsinghua
University Conference on Macroeconomics.
2008: ASSA New Orleans, Philadelphia FED Conference on
Monetary and Macro Economics, SED Cambridge, NBER Summer Institute (RSW).
2007: Philadelphia FED Conference on Monetary and
Macro Economics, NBER Small Group Meeting (RSW), SED Prague, NBER Summer
Institute (RSW), NBER Summer Institute (EFG), NBER Summer Institute (EFCE),
Minnesota Macro Conference.
2006: Search and Matching Conference at the University
of Pennsylvania, SED Vancouver, NBER Summer Institute (RSW).
2005: Labor Market Models at Aarhus University, ESWC
2005 at UCL, NBER Summer Institute (RSW).
Conference Organization:
2009-2012: Co-organizer, University of Pennsylvania,
Search and Matching Workshop.
2005-2012: Co-organizer, University of Pennsylvania,
Money and Macroeconomic Seminar.
2007-2012: Scientific Committee, Society for Economic
Dynamics.
Refereeing:
American Economic Review, American Economic Journal:
Macroeconomics, B.E. Journal of Macroeconomics, Canadian Journal of Economics, Econometrica, Economic Journal, Economic Theory, European
Economic Review, Israeli National Science Foundation, Journal of Economic
Dynamics and Control, Journal of Economic Literature, Journal of Economic
Theory, Journal of the European Economic Association, Journal of Labor
Economics, Journal of Monetary Economics, Journal of Political Economy, Journal
of Public Economics, International Economic Review, Labor Economics, National
Science Foundation, Review of Economic Dynamics, Review of Economic Studies.
Teaching Experience:
Lecturer, University of
Pennsylvania, Markets with Frictions (undergraduate), 2010, 2011.
Lecturer, University of
Pennsylvania, Macro Labor Economics (graduate), 2009, 2010.
Lecturer, University of
Pennsylvania, Topics in Macroeconomics (graduate), 2006, 2011.
Lecturer, University of
Pennsylvania, Macro Theory (undergraduate), 2006, 2007, 2009.