PERSONAL DETAILS
Name: Edoardo
Last Name: Rainone
Birthdate: 28/01/1983
Nationality: Italian
Email: edoardo.rainone@bancaditalia.it
CURRENT POSITION
Advisor
Bank of Italy, Directorate General of Economics, Research and Statistics
Financial Stability Directorate
RESEARCH INTERESTS
Monetary Policy, Financial Stability, Market Microstructure, Social and Financial Networks, Financial Intermediation, Payment Systems, Bank Runs, Currency Demand, Financial Market Infrastructures, Econometrics of Networks, Spatial Econometrics, Econometric Theory, Bayesian Econometrics, Applied Econometrics, Policy Evaluation.
EDUCATION AND ACADEMIC EXPERIENCE
2023 Visiting Scholar at the Department of Economics, Univeristat Pompeu Fabra, Barcelona – Spain
2022 Visiting Scholar at the Department of Finance, New York University, New York – USA
2016 Visiting Scholar at the Department of Economics, Stockholm University, Stockholm – Sweden
2009 - 2014 PhD in Economics, Sapienza University of Rome
Thesis: “Essays on Econometrics of Strategic Interactions”
2013 - 2014 Visiting Student at the Department of Economics, Syracuse University,
(Center for Policy Research, Maxwell School of Citizenship and Public Affairs), Syracuse - USA
2010 Spatial Econometrics Advanced Institute - Spatial Econometrics Association
2005 - 2008 Master of Science in Statistics, Sapienza University of Rome
Thesis: “An Analysis of the Business Service Industry”
2002 - 2005 Bachelor of Science in Statistics, Sapienza University of Rome
Thesis: “On the Interpretation of Multivariate Control Charts”
ACADEMIC HONORS AND AWARDS
2010 - Best Student Award, Spatial Econometrics Advanced Institute 2008 - MSc degree with distinction
2005 - BSc degree with distinction
TEACHING EXPERIENCE
2011 - Laboratory of Spatio-temporal Models for Economic Data, School of Statistics, Sapienza Università di Roma, Rome, Italy
REFEREE FOR
Journal of Political Economy, European Journal of Political Economy, American Economic Journal, Labour Economics, Journal of Macroeconomics, Regional Science and Urban Economics, Fiscal Studies, Review of Network Economics, International Review of Economics and Finance, Journal of Economic Geography.
CONFERENCES, WORKSHOPS AND INVITED PRESENTATIONS
- ChaMP Research Network (Presenter), 2024;
- ESEM-EEA (Presenter), 2024;
- BSE Summer forum (Presenter), 2024;
- IAAE (Presenter), 2024;
- Tor Vergata University, Rome (Invited), 2024;
- 28th International Panel Data conference (Presenters), 2023;
- UPF econometrics and finance seminars (Invited), 2023;
- Tor Vergata University, Rome (Invited), 2022;
- QFFE, Marseille (Presenter), 2022;
- The 7th Shadow Conference: The Shadow Economy, Tax Behaviour and Institutions, Brunel University, virtual (Presenter), 2021;
- IV Conference on Financial Stability, CEMLA, virtual (Presenter), 2021;
- International Cash conference: Cash in the age of payment diversity, Bundesbank, Munich DE (Presenter), 2019;
- IAAE, Nicosia CY (Presenter), 2019;
- Shaping a New Reality of Cash, NBP, Warsaw PO (Presenter), 2019;
- Advances in Econometrics: The Econometrics of Networks, Sibiu RO (Presenter), 2019;
- Oesterreichische Nationalbank, Vienna AT (Invited), 2019;
- Retail Payments Workshop: Theory and Empirics, Bank of Canada, Ottawa CA (Presenter), 2018;
- 16th Payment and Settlement System Simulation Seminar, Bank of Finland, Helsinki FI (Presenter), 2018;
- ECB workshop on money markets, monetary policy implementation and central bank balance sheets, ECB, Frankfurt DE, (Presenter), 2017;
- 15th Payment and Settlement System Simulation Seminar, Bank of Finland, Helsinki FI (Presenter), 2017;
- 8th RCEA Macro-Money-Finance, Rimini IT (Presenter), 2017;
- Banque de France, Paris FR (Invited), 2017;
- Economics of Payments VIII, Bundesbank, Eltville DE (Presenter), 2016;
- Modelling and Simulation of Payments and Other Financial System Infrastructures, Bank of Canada, Ottawa CA (Presenter), 2016;
- Challenges in Interconnected Financial Systems, Riksbank, Stockholm SE ,2016;
- 4th Macro Banking and Finance, Sapienza University, Roma IT (Presenter), 2016;
- 14th Payment and Settlement System Simulation Seminar, Bank of Finland, Helsinki FI (Presenter), 2016;
- DNB Payments Conference - Retail Payments: Mapping Out The Road Ahead, De Nederlandsche Bank, Amsterdam NL (Presenter), 2016;
- 1st International Conference on Payments and Settlement, Bundesbank, Eltville DE (Presenter), 2015;
- 13th Payment and Settlement System Simulation Seminar, Bank of Finland, Helsinki FI (Presenter), 2015;
- Endogenous Financial Networks and Equilibrium Dynamics: Addressing Challenges of Financial Stability and Monetary Policy, Banque de France FR (Presenter), 2015;
- 7th Irving Fisher Committee Conference, BIS, Basel CH (Presenter), 2014;
- EEA ESEM, Toulouse School of Economics, Toulouse FR (Presenter), 2014;
- International Workshop on Computational Economics and Econometrics, CNR, Rome IT (Presenter), 2014;
- The Interbank Market and the Crisis, Bank of Italy, Rome IT (Presenter), 2014;
- New York Camp Econometrics IX, Watkins Glen, New York USA, 2014;
- 10th Payment and Settlement System Simulation Seminar, Bank of Finland, Helsinki FI (Discussant), 2012;
- Equality in Crisis: Understanding Inequality and Its Mechanisms, Sapienza Criss UniRoma2, Roma IT (poster session), 2012;
- The Economics of Interactions and Culture, EIEF, Roma IT, 2012;
- The Economics of Communication and Coordination, Csef Eief UniSa, Ravello IT (poster session), 2012.
PROFESSIONAL TRAINING
- Nonparametric Bayesian Models for Big Data and Macro/Finance, SIdE, Perugia IT, 2017
- Advanced Analytics, Bank of England, London UK, 2015;
- Payment System Policy and Oversight, Federal Reserve of New York, New York USA, 2015;
- Payment and Settlement System Simulator Training, Bank of Finland, Helsinki FI, 2013;
- Liquidity Risk Management, Montetitoli Academy, Milano IT, 2012;
- Liquidity 2012, AssiomForex, Cernobbio IT, 2012;
- 11th Annual Liquidity management, Marcus Evans, London UK, 2012.
WORK EXPERIENCE AND WORKING GROUPS
Positions
2023/9-2024/5 - Head of Section, Bank of Italy, Banking and Financial Industry Analysis, Financial Stability Directorate (substitute for the holder)
2019- - Advisor. Bank of Italy, Financial Stability Directorate
2018 - Visiting Advisor. Bank of Italy, Economic Outlook and Monetary Policy Directorate
2017-2019 - Advisor. Bank of Italy, Payment System Directorate
2016-2017 - Expert. Bank of Italy, Payment System Directorate
2012-2016 - Settlement Manager. Bank of Italy, Payment System Directorate
2011-2016 - Coadiutore. Bank of Italy, Payment System Directorate,
2008-2009 - Risk Analyst. Tillinghast, Actuarial Consulting and Financial Risk Management Division of Towers Perrin
ESCB Working Groups
2019- - GAR - Group of Authorized Researchers;
2017- - TAG - TARGET Analytics Group;
2015-2016 - OMG (alternate) T2S Operations Managers Group;
2015-2016 - SMSG (alternate) Settlement Manager Sub-group;
2015- - Network of Experts on Payments Statistics;
2013- - GTST - task-force on TARGET2 stress testing;
2011-2017 - GUO - Group of users of TARGET2 simulator.
FSB Working Groups
2023 - Workstream on Interest rate and liquidity risks
2023 - Workstream on Deposit behavior, technology and social media
2021 - Workstream on Fintech and market structure during the pandemic
Editorial Committes
-Bank of Italy Financial Stability Report #2 2021
-Bank of Italy Financial Stability Report #1 2022
SKILLS
Languages:
Italian mother tongue
English proficient (C2)
Spanish basic (B1)
Softwares:
Matlab, R, SQL, Stata.