Thermal infrared imaging is a valuable tool to perform non-destructive qualitative tests and to investigate buildings envelope thermal-energy behavior. The assessment of envelope thermal insulation, ventilation, air leakages, and HVAC performance can be implemented through the analysis of each...

The evaluation of the overall performance of a green building is complex, since many construction, energy and environmental aspects have to be considered. The Umbria Region in Italy, through various public tenders, recently funded several residential buildings, innovative in terms of...

Online appendix for the Review of Economic Dynamics article

I develop a toolbox to analyze the properties of multivariate Markov-switching models. I first derive analytical formulas for the evolution of first and second moments, taking into account the possibility of regime changes. The formulas are then used to characterize the evolution of expectations...

We reinterpret post World War II US economic history using an estimated microfounded model that allows for changes in the monetary/fiscal policy mix. We find that the fiscal authority was the leading authority in the '60s and the '70s. The appointment of Volcker marked a change in the conduct of...

This paper studies a DSGE model with endogenous financial asset supply and ambiguity averse investors. An increase in uncertainty about financial conditions leads firms to substitute away from debt and reduce shareholder payout in bad times when measured risk premia are high. Regime shifts in...

Under the Globalization Hypothesis for inflation, as globalization increases, global economic slack should progressively replace the domestic gap in driving inflation. In order to assess the empirical support for this theoretical prediction, we use impulse response functions of inflation to...

A micro-founded model that allows for changes in the monetary/fiscal policy mix and in the volatility of structural shocks is fit to US data. Agents are aware of the possibility of regime changes and their beliefs have an impact on the law of motion of the macroeconomy. The results show that the...