Andrea Fracasso

Short bio

Andrea Fracasso is Associate Professor at the Department of Economics and Management, as well as at the School of International Studies, at the University of Trento .

He holds a BA in Economics (Trento), a MSc in Economics (York, UK), a DEA and a PhD in International Economics from the Graduate Institute, Geneva (Switzerland). He was Jemolo Fellow at Nuffield College, Oxford in 2012.

He is the coordinator of the 2y Master's Degree (LM) in European and International Studies at the University of Trento.

Contact Information

Phone: +39 0461 282216
E-Mail:
andrea.fracasso(at)unitn.it
Dipartimento di Economia e Management; Scuola di Studi Internazionali
Università degli Studi di Trento
Via Inama 5, 38122 Trento - Italia
Personal webpage at the University of Trento

Position

Associate Professor of Economic Policy  (October 2014 - today)
Department of Economics and Management & School of International Studies, University of Trento, Italy

Previous  position
Assistant Professor of Economic Policy  (March 2006 - September 2014)
Department of Economics and Management & School of International Studies, University of Trento, Italy

Other professional activities

Since 2014 : Academic advisor, Committee for the Development and the Modernization  of the Public Sector, Autonomous Province of Trento (Comitato per la modernizzazione del sistema pubblico e per lo sviluppo, Provincia Autonoma di Trento).

Education

Ph.D. in International Economics, The Graduate Institute of International Studies, Geneva, Switzerland 2003 - 2007, (with Distinction)
DEA (MA) in International Economics, The Graduate Institute of International Studies, Geneva, Switzerland 2001-2003
M.Sc. in Economics, University of York, York, UK 2000-2001
B.A. in Economics (Economia Politica), Magna cum laude, University of Trento, Italy 1994-1998

Research and publications

Areas of specialization

International Economics, Economics of European Integration, Chinese Economy, Global Imbalances, Productivity Spillovers, Monetary Economics

Main Publications

  • Fracasso A., Vittucci Marzetti G., 2015. "International trade and R&D spillovers" Journal of International Economics, doi: 10.1016/j.jinteco.2015.01.010, forthcoming
  • Fracasso A.,  M. Sartori, S. Schiavo, 2015, "Determinants of virtual water flows in the Mediterranean", Science of the Total Environment, 10.1016/j.scitotenv.2015.02.059, forthcoming
  • Cainelli, G., Fracasso A., Vittucci Marzetti G., 2014, "Spatial agglomeration and productivity in Italy: a panel smooth transition regression approach", Papers in Regional Science, doi: 10.1111/pirs.12103, early view
  • Fracasso A., Grassano N., Vittucci Marzetti G., 2015. "The gravity of foreign news coverage in the EU: does the euro matter?", JCMS: Journal of Common Market Studies, 53(2): 274–291, doi: 10.1111/jcms.12182
  • Fracasso A., 2014 "A gravity model of virtual water trade", Ecological Economics, 108, 215-228, doi: 10.1016/j.ecolecon.2014.10.010 
  • Bonatti L., Fracasso A., 2014, Crisis in the Eurozone: some popular fallacies and a few unpleasant remarks in Paganetto, Luigi (Ed.), Wealth, Income Inequalities, and Demography. The Long-Term Policy View, Springer, July 2014, 9783319059082
  • Fracasso A., Vittucci Marzetti G., 2014. "International R&D spillovers, absorptive capacity and relative backwardness: a panel smooth transition regression model", International Economic Journal, 28(1), 137-160, doi: 10.1080/10168737.2013.787109
  • Bonatti L., Fracasso A., 2013 "The German model and the European crisis", JCMS: Journal of Common Market Studies, 51(6), 1023-39, doi: 10.1111/jcms.12067.
  • Bonatti L., Fracasso A., 2013 "Origins and Prospects of the Euro Existential Crisis" in J. van der Harst e Z. Lihua (eds) "The European Sovereign Debt Crisis and China-EU Relations", p. 3-19, Beijing: Tsinghua University Press
  • Fracasso A., 2013. "Crisi e squilibri globali: nessi e implicazioni", in Nardozzi G. e F. Silva (a cura di) "La globalizzazione dopo la crisi", Francesco Brioschi Editore, Milano, p. 49-66. ISBN  9788895399645
  • Fracasso A., Vittucci Marzetti G., 2013 "An empirical note on international R&D spillovers", Empirical Economics, 45(1), 179-191doi:10.1007/s00181-012-0614-0.
  • Fracasso A., 2013, "International Economics", In Oxford Bibliographies Online: International Relations. Ed. David Armstrong. New York: Oxford University Press, April 2013, doi: 10.1093/OBO/9780199743292-0144
  • Bonatti L, Fracasso A., 2013. "Hoarding of international reserves in China: mercantilism, domestic consumption and US monetary policy" Journal of International Money and Finance, 32(C), 1044-1078, doi: 10.1016/j.jimonfin.2012.08.007
  • Bonatti L., Fracasso A. 2013. "Regime Switches in the Sino-American Co-Dependency: Growth and Structural Change in China", Structural Change and Economic Dynamics, 25(June), 1-32, doi:10.1016/ j.strueco.2013.01.004
  • Bonatti L., Fracasso A. 2013. "Germans at the Crossroad: Preserve Their Socio-Economic Model or Save the Euro?" in Paganetto L. (ed) , Public Debt, Global Governance and Economic Dynamism, Springer, 265-300
  • Bonatti L., Fracasso A. 2012 "The Costs of Rebalancing the China–US Co–Dependency”, Rivista Internazionale di Scienze Sociali, 1/2012, 59-106
  • Flamini A., Fracasso A., 2011, Household’s Preferences and Monetary Policy Inertia, Economics Letters, 111(1), 64-67, April
  • Alcidi C., Flamini A., Fracasso A., 2011, "Policy regime changes, Judgment and Taylor rules in the Greenspan era", Economica, 78 (309), 89-107, January
  • Bonatti L., Fracasso A., 2010, Global Rebalancing and the Future of the Sino—US Codependency,China & World Economy18(4), 70-87
  • Ceva E., Fracasso A., 2010, "Seeking mutual understanding: a discourse theoretical analysis of the WTO dispute settlement system", World Trade Review, 9(3), 457–485
  • Fracasso A., Schiavo S., 2009, "Global Imbalances, Exchange Rates Adjustment and the Crisis: Implications from Network Analysis", Journal of Policy Modeling, 31(5), 601-619
  • Targetti F., Fracasso A, 2008, "Le sfide della globalizzazione. Storia, politiche e istituzioni", Francesco Brioschi Editore , Milano. p.608 Prefazione di Axel Leijonhufvud. (2a ristampa 2009)
  •   Indice, Aggiornamenti (Febbraio 2009),Recensioni, Premio Capalbio 2008 (Economia)

  • Fracasso A., Ozkan G., 2004, "Fiscal Policy, Labour Market Structure and Macroeconomic Performance", Economics letters 83(2), 205-210
  • Fracasso A., Wyplosz C., Genberg H., 2003, "How do central banks write?", IMCB-CEPR, Geneva Reports on the World Economy, Special Report, v. 2, ISBN 1 898128 76 6.

Recent working papers (entire list here)

  • "The gravity of foreign news coverage in the EU: does the euro matter?", (with N. Grassano and G. Vittucci Marzetti), SIS Working Paper 05, 2014, Università degli Studi di Trento, Revised version Published
  • “A gravity model of virtual water trade”, SIS Working Paper 04, 2014, Università degli Studi di Trento. Revised version Published
  • “Modeling the Transition Towards Renminbi's Full Convertibility: Implications for China's Growth” (with L. Bonatti), SIS Working Paper 03, 2014, Università degli Studi di Trento.
  • “Origins and prospects of the Euro existential crisis” (with L. Bonatti), DEM Discussion Paper 3, 2013, Università degli Studi di Trento Published in edited collection
  • Spatial agglomeration and productivity in Italy: a panel smooth transition regression approach”, (with G.Cainelli and G. Vittucci Marzetti), Openloc working paper 4/2012 Revised version Published
  • “A Germans’ Dilemma: save the euro or preserve their socio-economic model.” (with L. Bonatti) Department of Economics, DiscussionPaper, 7/2012, 2012, Università degli Studi di Trento Revised version Published
  • "International R&D spillovers, absorptive capacity and relative backwardness: a panel smooth transition regression model" (with G. Vittucci Marzetti), Department of Economics, Discussion Papers, n 3/2012, Università degli Studi di Trento,2012 Revised version Published
  • Trade network and international R&D spillovers, (with G. Vittucci Marzetti), 2011, Openloc Working paper 3/2011, revised version available here  R & R
  • Taking Keller seriously: trade and distance in international R&D spillovers, (with G. Vittucci Marzetti), Department of Economics, Discussion Papers, n 6/2011 University of Trento, 2011 Revised version published
Work in progress    Follow me on Academia.edu                                                                                Andrea Fracasso

Academic Service

Editorial work

Associate Editor of Economia Politica. Journal of Analytical and Institutional Economics., Springer-Il Mulino

Referee work

Bulletin of Economic Research, CESIfo Economic Studies, Empirical Economics, Economics Bulletin, Emerging markets finance and trade, International Journal of Central Banking, Journal of International Development, Journal of International Money and Finance, International Economics and Economic Policy, Network Science, Papers in Regional Science.

Awards, prizes, fellowships and scholarships

2014             Visiting Research Fellow, Center for Asian and Pacific Studies, Seikei Univ., Tokyo (Japan), April
2012             Jemolo Fellow - Nuffield College, University of Oxford (UK), July-August-September

2008             Premio Capalbio for the book "Le sfide della globalizzazione" (with F. Targetti), July
2006             Best poster award at the Poster session of EC2 Conference in Rotterdam,December

2005-2006    Scholarship granted by the Graduate Institute of International Studies, Geneva
2000-2003    Study abroad Scholarship granted by the Fondazione Caritro, Trento
2000             Research scholarship at the University of Trento (April-September)

Teaching

Current Teaching

School of International Studies (2014/2015)

  • The Economics of European Integration (Magistrale MEIS)  - syllabus
  • Banche centrali e mercati finanziari (Magistrale Finanza), also with G. Fodor

Department of Economics and Management (2014/2015)

  • International (Macro)Economics (PhD), also with L. Bonatti

Previous Teaching (detailed here)

At the Faculty of Economics and School of International Studies:  

  • International Economics (PhD), also with Giorgio Fodor
  • Applied International Economics (Magistrale MEC), also with Stefano Schiavo
  • International (Macro)Economics (PhD), also with Luigi Bonatti
  • The Economics of European Integration (Magistrale SEI)
  • International trade and competitiveness (Magistrale MIM), also with Maria Luigia Segnana
  • Financial market and economic activity (Magistrale MIM), also with Roberto Tamborini
  • International Economics (for students with major in economics)
  • International Economics (for students of with major in other subjects economics)
  • Laboratorio 1(BA Economics)

Selected presentations

  • Center for European Policy Studies (CEPS), Bruxelles, 9 december 2014
  • 55th Annual Conference, Società Italiana degli Economisti, Trento, Italy, 25 October 2014
  • 46th Money Macro and Finance Annual Conference, Durham, 17-19 September 2014
  • XXVI Villa Mondragone International Economic Seminar, Rome, Italy, 1-3 July 2014
  • 54th Annual Conference, Società Italiana degli Economisti, Bologna, Italy, 24 October 2013
  • XXIV Villa Mondragone International Economic Seminar, Rome, Italy, 26-27 June 2012
  • Allied Social Sciences Association,Chicago, IL (USA), 5-8 January 2012
  • 16th World Congress, International Economic Association, Beijing (China)4-8 July 2011
  • 10th Conference, European Economic and Finance Society, Queen Mary University, London (UK), 10-11 June 2011
  • Royal Economic Society Annual Conference, Royal Holloway University, London, UK 18 April 2011
  • 51th Annual Conference, Società Italiana degli Economisti, Catania, Italy, 15 October 2010
  • BREAD Summer Workshop in Development, Canazei, Italy, August 2010
  • 36th Annual Conference, Eastern Economic Association, Philadelphia, PA (USA), 26-28 February 2010
  • XXI Villa Mondragone International Economic Seminar, Rome, Italy, 24-25 June 2009
  • Max Weber Programme at the European University Institute, Florence, Italy, 6 May 2009
  • XIV Spring Meeting of Young Economists, Istanbul, Turkey, 23-25 April 2009
  • ASSET Meeting, University of Padova, Italy, 1-3 November 2007
  • Annual Meeting, Swiss Society of Economics and Statistics, University St. Gallen (CH) 22-23 March

Op-eds

Several contributions to www.nelmerito.com since 2008 here.

Administrative duties

Coordinator of the two-year Master's Degree (Laurea Magistrale) in European and International Studies, School of International Studies, University of Trento (November 2013-today)

Member of the coordinating committee of the Department of Economics and Management (as representative of the SIS and delegate for foreign language teaching), University of Trento (2012-today)

Member of the coordinating committee of the PhD Programme in International Studies, School of International Studies, University of Trento (2007-today)

Past duties

Delegate for the International Relations of the School of International Studies, University of Trento (Nov 2012-Nov 2014)

Member of the coordinating committee of the Two-year Master's Degree (Laurea Specialistica/Magistrale) in European and International Studies, School of International Studies, University of Trento (2006-2013, vice-coordinator 2011-2013)

A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain (Mark Twain).
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than commonly understood. Indeed the world is governed by little else. Practical men, who believe themselves exempt from any intellectual influence, are usually the slaves of some defunct economist. (John Maynard Keynes)

Capitalism, based on greed, private property rights and decentralised decision making, is both cyclical and subject to bouts of financial manic-depressive illness. There is no economy-wide auctioneer, no enforcer of systemic 'transversality conditions' to rule out periodic explosive bubble behaviour of asset prices in speculative markets. It's unfortunate, but we have to live with it. The last time humanity tried to do away with these excesses of capitalism, we got central planning, and we all know now how well that worked. Hayek and Keynes were both right. Regulation should try to curb some of the more egregious excesses of a decentralised capitalist market economy, but without killing the goose that lays the golden eggs.  (William H. Buiter)
Economics is extremely useful as a form of employment for economists. (John Kenneth Galbraith)