Areas of specialization

International Economics, European Economy, Technology and Labour, Productivity Spillovers, Central banking

Main Publications

• Caselli M., Fracasso A., and S. Scicchitano, 2022. "From the lockdown to the new normal: Individual mobility and local labor market characteristics following the COVID-19 pandemic in Italy" Journal of Population Economics, 35, 1517–1550

• Caselli M., Fracasso A., and S. Traverso, 2022. "Robots and risk of Covid-19 contagion in the workplace: Evidence from Italy" Technological Forecasting & Social Change, 173, 121097

• Caselli M., Fracasso A., and S. Traverso 2021. Globalization, robotization and electoral outcomes: Evidence from spatial regressions for Italy" Journal of Regional Science, 61(1): 86-111

• Fracasso A., and G. Vittucci Marzetti, 2018. "Estimating dynamic localization economies: the inadvertent success of the specialization index and the location quotient", Regional Studies, 52(1), 119-132

• Fracasso A., and G. Vittucci Marzetti, 2015. "International trade and R&D spillovers" Journal of International Economics, 96(1), 138–149 

• Fracasso A., 2014. "A gravity model of virtual water trade", Ecological Economics, 108, 215-228

• Bonatti L., and A. Fracasso, 2013. "The German model and the European crisis", JCMS: Journal of Common Market Studies, 51(6), 1023-39

• Bonatti L, and A. Fracasso, 2013. "Hoarding of international reserves in China: mercantilism, domestic consumption and US monetary policy" Journal of International Money and Finance, 32(C), 1044-1078, 

• Alcidi C., Flamini A., and A. Fracasso, 2011. "Policy regime changes, Judgment and Taylor rules in the Greenspan era", Economica, 78 (309), 89-107

• Targetti F., and A. Fracasso, 2008. "Le sfide della globalizzazione. Storia, politiche e istituzioni",Francesco Brioschi Editore , Milano. p.608 

• Fracasso A., Wyplosz C., and H. Genberg, 2003. "How do central banks write?", IMCB-CEPR, Geneva Reports on the World Economy, Special Report, v. 2.

All Publications

• Fracasso A., Peruzzi V., and C. Tomasi 2024 "Multiple banking relationships: the role of firm connectedness" Industrial and Corporate Change, forthcoming, doi.org/10.1093/icc/dtae001

• Caselli M., Fracasso A., Marcolin A., and S. Scicchitano, 2024. "The reassuring effect of firms’ technological innovations on workers’ job insecurity", International Journal of Manpower, 45(4), 754-778  10.1108/IJM-02-2023-0072 

• Zhou P., Fracasso A. and K.Jiang, 2023, "Entrepreneurs' work experiences and the growth of Chinese private firms during the transition towards a market economy", China Economic Review, 79,101980   10.1016/j.chieco.2023.101980

• Caselli M., Fracasso A., and S. Scicchitano, 2022. "From the lockdown to the new normal: Individual mobility and local labor market characteristics following the COVID-19 pandemic in Italy" Journal of Population Economics, 35, 1517–1550 10.1007/s00148-022-00891-4

• Caselli M. and A. Fracasso, 2022, "Covid-19 and Technology" in K.F. Zimmermann (ed.) "Handbook of Labor, Human Resources and Population Economics", Springer, Cham. 10.1007/978-3-319-57365-6_331-1

• Fracasso A., and K. Jiang, 2022. "The performance of private companies in China before and during the global financial crisis: firms' characteristics and entrepreneurs' attributes", Economic Change and Restructuring, 55, 803–836 10.1007/s10644-021-09329-5

• Fracasso A, Secchi A., and C. Tomasi, 2022 "Export pricing and exchange rate expectations under uncertainty" Journal of Comparative Economics, 50(1): 135-152  10.1016/j.jce.2021.07.001

• Bonatti L. and A. Fracasso, 2021. "Including the owner-occupied housing costs in the EU’s consumer price index: some technical and policy remarks", Politica Economica / Journal of Economic Policy, 3, 373-388 10.1429/103707

• Caselli M., Fracasso A., and S. Traverso, 2021. "Robots and risk of Covid-19 contagion in the workplace: Evidence from Italy" Technological Forecasting & Social Change, 173, 121097  10.1016/j.techfore.2021.121097

• Caselli M., Fracasso A., and S. Traverso, 2021. "Globalization, robotization and electoral outcomes: Evidence from spatial regressions for Italy" Journal of Regional Science, 61(1): 86-111 doi.org/10.1111/jors.12503

 JRS Top cited article 2020/2021 

• Caselli M., Fracasso A., and S. Schiavo, 2021. "Trade policy and firm performance: introduction to the special section" Economia Politica, 38:1–6  10.1007/s40888-021-00216-w

• Bin P., Chen X., Fracasso A., and C. Tomasi, 2020. "Firm employment growth in China: the role of marketisation and regional economic factors" Growth and Change, 51: 402– 439. doi.org/10.1111/grow.12348

• Caselli M., Fracasso A., and S. Traverso, 2020. "Globalization and electoral outcomes. Evidence from Italy" Economics & Politics, 32: 68-103  10.1111/ecpo.12147

E&P Top downloaded article 2020/2021

• Bonatti L. and A. Fracasso, 2019. "Policy inertia, self-defeating expectations and structural reforms: can policy modelling cope?" Journal of Policy Modeling, 41(5), 943 -962, 10.1016/ j.jpolmod.2019.04.004 

• Bonatti L. and A. Fracasso, 2019. "Addressing the Core-Periphery Imbalances in Europe: Resource Misallocation and Expansionary Fiscal Policies" in Antoniolli, Bonatti and Ruzza (eds) Highs and Lows of European Integration Sixty Years After the Treaty of Rome, Springer, pp: 167-200

• Fracasso A., 2018 “Solidarity and responsibility in the euro area: foes or friends?"  The Economists' Voice,  10.1515/ev-2018-0024

• Bin P, Chen X., Fracasso A. and C. Tomasi, 2018. "Resource allocation and productivity across provinces in China" International Review of Economics and Finance , 57, 103-113. 10.1016/j.iref.2018.02.015

• Fracasso A., Nguyen H.T.T, and S. Schiavo, 2018. "The Evolution of Oil Trade: a complex network approach", Network Science, 6(4), 545-570 10.1017/nws.2018.6

• Coletto D., Fracasso A., and G. Vittucci Marzetti, 2018. "Informal economy and extractive institutions" Review of Economics and Institutions, 9(1), article 2, 10.5202/rei.v9i1.240 (open access)

• Cainelli G., Fracasso A., and G. Vittucci Marzetti, 2018. "Natural disasters and firm resilience in Italian industrial districts", in Agglomeration and firm performance, Belussi, F. and Hervas-Oliver, J.L. (edited by), Springer International Publishing, Switzerland, pp: 223-243

• Fracasso A., and G. Vittucci Marzetti, 2018. "Estimating dynamic localization economies: the inadvertent success of the specialization index and the location quotient", Regional Studies, 52(1), 119-132 10.1080/00343404.2017.1281388

• Sartori M., Schiavo S., Fracasso A., and M. Riccaboni, 2017. "Modeling the future evolution of the virtual water trade network: A combination of network and gravity models", Advances in Water Resources, 110, 538-548 10.1016/j.advwatres.2017.05.005

• Fracasso A., and R. Probo, 2017. "When did inflation expectations in the euro area de-anchor?", Applied Economics Letters, 24(20), 1481-1485 10.1080/13504851.2017.1287846

• Bin P., and A. Fracasso, 2017. "Regional consumption inequality in China: an Oaxaca-Blinder decomposition at the prefectural level", Growth and Change, 48(3), 459–486 10.1111/grow.12167 

• Bonatti L., and A. Fracasso, 2016. "Modeling the Transition Towards the Renminbi’s Full Convertibility: Implications for China’s Growth", Bulletin of Economic Research, 68:S1, 145-170 10.1111/boer.12071

• Alcidi C., Bonatti L., and A. Fracasso, 2016. "The Greek Crisis and Its Structural Features: Some Insights from a Comparative Exercise" in Paganetto (Eds): Stagnation Versus Growth in Europe, 978-3-319-26951-1, Ch 10

• Fracasso A., Sartori M., and S. Schiavo, 2016. "Determinants of virtual water flows in the Mediterranean", Science of the Total Environment, 543(B), 1054-62, 10.1016/j.scitotenv.2015.02.059

• Fracasso A., and G. Vittucci Marzetti, 2015. "International trade and R&D spillovers" Journal of International Economics, 96(1), 138–149 10.1016/j.jinteco.2015.01.010

• Cainelli, G., Fracasso A., and G. Vittucci Marzetti, 2015. "Spatial agglomeration and productivity in Italy: a panel smooth transition regression approach", Papers in Regional Science, 94: S39–S67. 10.1111/pirs.12103

• Fracasso A., Grassano N., and G. Vittucci Marzetti, 2015. "The gravity of foreign news coverage in the EU: does the euro matter?", JCMS: Journal of Common Market Studies, 53(2): 274–291, 10.1111/jcms.12182 

• Fracasso A., 2014 "A gravity model of virtual water trade", Ecological Economics, 108, 215-228, 10.1016/j.ecolecon.2014.10.010 

• Bonatti L., and A. Fracasso, 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., and G. Vittucci Marzetti, 2014. "International R&D spillovers, absorptive capacity and relative backwardness: a panel smooth transition regression model", International Economic Journal, 28(1), 137-160, 10.1080/10168737.2013.787109

• Bonatti L., and A. Fracasso, 2013. "The German model and the European crisis", JCMS: Journal of Common Market Studies, 51(6), 1023-39, 10.1111/jcms.12067.

• Bonatti L., and A. Fracasso, 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., and G. Vittucci Marzetti, 2013. "An empirical note on international R&D spillovers", Empirical Economics, 45(1), 179-191 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, 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, 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, 10.1016/j.econlet.2010.11.019

• Alcidi C., Flamini A., Fracasso A., 2011, "Policy regime changes, Judgment and Taylor rules in the Greenspan era", Economica, 78 (309), 89-107, 10.1111/j.1468-0335.2009.00777.x

• Bonatti L., Fracasso A., 2010, Global Rebalancing and the Future of the Sino—US Codependency,China & World Economy18(4), 70-87, 10.1111/j.1749-124X.2010.01205.x

• 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, 10.1017/S1474745610000285

• 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, 10.1016/j.jpolmod.2009.05.016

• 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, 10.1016/j.econlet.2003.10.016.

• Fracasso A., Wyplosz C., Genberg H., 2003, "How do central banks write?", ICMB-CEPR, Geneva Reports on the World Economy, Special Report, v. 2, ISBN 1 898128 76 6.

Policy papers 

• Bonatti, L., Fracasso, A., Tamborini, R. (2024), "The ECB and the integrity of the euro area: Past and future", Study for the Committee on Economic and Monetary Affairs, Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament

• Bonatti, L., Fracasso, A., Tamborini, R. (2023), "Inflation and monetary policy across the Atlantic: A comparison", Study for the Committee on Economic and Monetary Affairs, Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament

• Bonatti, L., Fracasso, A., Tamborini, R. (2023), "Amid inflation and financial turmoil: Some questions and answers", Study for the Committee on Economic and Monetary Affairs, Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament

• Bonatti, L., Fracasso, A. and Tamborini, R., (2022) "What to expect from inflation expectations: theory, empirics and policy issues." Study for the Committee on Economic and Monetary Affairs, Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg 2022

• Bonatti, L., Fracasso, A. (2021) “Including Owner-Occupied Housing Costs in the HICP: Some Technical and Policy Remarks” Study for the Committee on Economic and Monetary Affairs, Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg 2021

• Bonatti, L., Fracasso, A. and Tamborini, R., (2021) "Monetary and fiscal spillovers across the Atlantic. The role of financial markets." Study for the Committee on Economic and Monetary Affairs, Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg, 2021

• Bonatti, L., Fracasso, A. and Tamborini, R., (2021) "Unconventional Policy Instruments and Transmission Channels: A State-Contingent Toolbox for the ECB"  Study for the Committee on Economic and Monetary Affairs, Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg, 2021

• Bonatti, L., Fracasso, A. and Tamborini, R., (2020) "Rethinking Monetary and Fiscal Policy in the Post-COVID Euro Area" Study for the Committee on Economic and Monetary Affairs, Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg, 2020

• Bonatti, L., Fracasso, A. and Tamborini, R., (2020) "COVID-19 and the Future of Quantitative Easing in the Euro Area: Three Scenarios with a Trilemma", Study for the Committee on Economic and Monetary Affairs, Policy Department for Economic, Scientific and Quality of Life Policies, European Parliament, Luxembourg, 2020.

Working papers 

The entire list of working papers is available here. The most recent ones:

• "Digital Technologies and Firms' Employment and Training" (joint with Caselli, M., Fourrier-Nicolai E., and S. Scicchitano), 2024,  CESifo Working Paper No. 11056

• "Technological Innovations and Workers’ Job Insecurity: The Moderating Role of Firm Strategies" (joint with Caselli, M., Marcolin, A., and S. Scicchitano) 2023,  CESifo Working Paper No. 10673

• Automation and Labour Market Outcomes (joint with M. Casellli, E. Fourrier-Nicolaï and S. Scicchitano).

• Firm innovation in 4IR technologies and heterogeneous absorptive capacity: The role of leadership and radical innovation (joint with  M. Casellli, E. Fourrier-Nicolaï and S. Scicchitano).

• "Covid-19 and Technology," 2021, with M Caselli GLO Discussion Paper Series 1001, Global Labor Organization (GLO) forthcoming (revised) in in K.F. Zimmermann (ed.) "Handbook of Labor, Human Resources and Population Economics"

Selected presentations

• Seminar, Prometeia, Bologna, 4 June 2024

• Seminar DEMB, Diparitmento Marco Biagi, UniMore, 16 April 2024

• AXES Seminar, IMT Lucca, 14 February 2024

• Lunch Seminar, GSM Politecnico di Milano, 27 Novembre 2023 

• 64th Annual Conference, Società Italiana di Economia, L'Aquila, 19-21 October 2023  

• "The impact of robots on labour markets and inequality" Workshop, Bologna, 20 February 2023

• RESEDUE Seminar, Tromso, UiT The Arctic University of Norway, 15 November 2022

• 63rd Annual Conference, Società Italiana di Economia, Torino, 20-21 October 2022  

• 61st ERSA Congress, Pécs-Online, 22 August 2022

• 62nd Annual Conference, Società Italiana degli Economisti, Torino -online, Italy, 28 October 2021

• XLII Conferenza Scientifica Annuale, Associazione Italiana Scienze Regionali, Lecce, Italy, 8 September 2021

• 60th Annual Conference, Società Italiana degli Economisti, Palermo, Italy, 26 October 2019

• 59th ERSA Congress, Lyon, 28 September 2019

• 3rd SPL Meeting, OECD, SPL, Trento Centre, 7 February 2019

• 59th Annual Conference, Società Italiana degli Economisti, Bologna, Italy, 26 October 2018

• DIES seminar, University of Udine, Udine, 10 May 2018

• GEM Seminar, University of Groningen, Groningen, 25 January 2018 

• Seminar, Hitotsubashi University - IER, Tokyo, 14 February 2017

• International conference, Models of sustainable Growth for Europe, Oldenburg, September 2016

• 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