CV

EDUCATION

- Ph.D. in Economics, 2012, Birkbeck, University of London, UK

- Ph.D. in History and Theory of Economic Growth, 2006, University LUISS, Rome, Italy

- M.Sc. in Economics, 2004, Birkbeck, University of London, UK

- M.Sc. in Economics and Finance, 2003, University Federico II, Naples, Italy

- B.Sc. in Law, cum laude, 2001, University La Sapienza, Rome, Italy

RESEARCH EXPERIENCE

- since 2018: Senior economist at the DG for Economics, Statistics and Research, Bank of Italy

- 2017-2018: Research Fellow at the DG for Economics, Statistics and Research, Bank of Italy

- 2005-2017: Assistant Professor of Economics, University of Foggia, Italy

- since 2014: Member of the Euro Area Business Cycle Network

- since 2013: External fellow at the Birkbeck Centre for Applied Macroeconomics, University of London, UK

- 2012-2017: post-doctoral researcher (part-time) at KU Leuven, Belgium

- Jul-Sept 2010: PhD Internship at the European Central Bank in the Division of Monetary Policy Strategy, DG Economics, Frankfurt, Germany

- Aug-Oct 2009: PhD Internship at the Bank of England in the Model Development Team, Monetary Analysis Division, London, UK

RESEARCH FIELDS

Primary fields: Dynamic Macroeconomics, Business Cycle, Monetary Policy, Macroeconomic Effects of Financial Factors

Secondary fields: Fiscal Policy, Optimal policy

RESEARCH PAPERS

Link toRePEc, to Google Scholar

Journal publications

- Drivers of Large Recessions and Monetary Policy Responses (with Giovanni Melina), Journal of International Money and Finance, 137, 2023. 

- How Loose, How Tight? A Measure of Monetary and Fiscal Stance for the Euro Area (with Nicoletta Batini, Alessandro Cantelmo and Giovanni Melina), Oxford Economic Papers, 73(4), 2021.

- Going the Extra Mile: Effort by Workers and Job-seekers (with Matthias Hertweck and Vivien Lewis), Journal of Money, Credit and Banking, 53(8), 2021.

- Fiscal Buffers, Private Debt, and Recession: The Good, the Bad and the Ugly (with Nicoletta Batini and Giovanni Melina), Journal of Macroeconomics, 62, 2019.

- Forecasting with Instabilities: An Application to DSGE Models with Financial Frictions (with Roberta Cardani and Alessia Paccagnini), Journal of Macroeconomics, 61(C), 2019.

- Leaning Against Windy Bank Lending (with Giovanni Melina), Economic Inquiry, 56(1), p.460-482, 2018.

- Slow Recoveries: Any Role for Corporate Leverage? (with Frank Smets), Journal of Economic Dynamics and Control, 70, p. 54-85, 2016.

- Factor Complementarity and Labour Market Dynamics (with Federico Di Pace), European Economic Review, 82, p. 70-112, 2016.

- Dealing with Financial Instability under a DSGE Modeling Approach with Banking Intermediation: a Predictability Analysis versus TVP-VARs (with Stelios Bekiros, Roberta Cardani and Alessia Paccagnini), Journal of Financial Stability, 26, p.216-227, 2016.

- Financial Frictions in the Euro Area and the United States: a Bayesian Assessment, Macroeconomic Dynamics, 20 (05), p. 1313-1340, 2016.

- Fiscal Policy and Lending Relationships (with Giovanni Melina), Economic Inquiry, 52(2), p.696-712, 2014.

- Growth in Transition Countries: Big Bang versus Gradualism (with Roberto Dell’Anno), Economics of Transition, 21(3), p. 381-417, 2013.

- Capital Utilization and the Amplification Mechanism, The B.E. Journal of Macroeconomics (Contributions), 12 (1), 2012.

- Innovation and Internationalization: the Case of Italy, (with R. Pittiglio and E. Sica), Journal of Technology Transfer, 34, p.588-602, 2009.

REFEREEING ACTIVITIES

Applied Economics Letters; B.E. Journal of Macroeconomics; Bulletin of Economic Research; Contemporary Economic Policy; Eastern Economic Journal; Economic Journal; Economic Modelling; Empirical Economics; European Economic Review; European Journal of Finance; International Journal of Central Banking; Journal of Economic Dynamics and Control; Journal of Economic Policy Reform; Journal of Economic Surveys; the Journal of International Money and Finance; Journal of Macroeconomics; Journal of Money, Credit and Banking; Journal of Technology Transfer; Macroeconomic Dynamics; Manchester School; Open Economies Review; Oxford Economic Papers; Review of International Economics; Southern Economic Journal; Structural Change and Economic Dynamics; The Financial Review.

SCHOLARSHIPS, HONORS AND AWARD

2017                  Italian National Scientifi c Quali cation for the position of Associate Professor in Economics (13/A1)

2014-2017         MACFINROBODS - FP7 project, member of the research staff (KU Leuven node)

2013                  Research prize winner - best PhD thesis, School of Business, Economics and Informatics, Birkbeck, University of London, UK

Apr. 2011           Travel Grant - 16th Spring Meeting of Young Economists, University of Groningen, Netherlands

2009-2010         Excellence award for teaching, Birkbeck, University of London, UK

2003-2006         Doctorate scholarship, Luiss University, Rome, Italy

2003                  "Guido Carli" Prize for BSc thesis, Banca Popolare di Spoleto, Italy

2002-2003         "Ottorino Furno" Prize, M.Sc. in Economics and Finance, University of Naples, Italy

1999-2001         Student scholarship, University La Sapienza, Rome, Italy

CONFERENCE and SEMINAR PRESENTATIONS

2024: Macro-Monetary Workshop Bank of Italy - EIEF.

2018: Computing in Economics and Finance, Milan, Italy; Dynare Conference, ECB; Bank of Italy.

2017: Computing in Economics and Finance, Fordham University, New York; conference "Finance and Economic Growth in the Aftermath of the Crisis", University of Milan, Italy; workshop "Secular Stagnation and Financial Cycles", Bank of Italy.

2016: Dynare Conference, Bank of Italy; Macfinrobods workshop, Como, Italy.

2015: Macfinrobods workshop, London City University, UK; Macfinrobods Conference, Banque de France.

2014: Dynare Conference, Banque de France; Computing in Economics and Finance, Oslo, Norway; BCAM workshop, Birkbeck University of London, UK; Department of Economics, University of Foggia, Italy.

2013: Belgian Macroeconomics Workshop, KU Leuven, Belgium; workshop on Empirical Macroeconomics,  Ghent University, Belgium (discussant); CREI,University of Roma Tre, Italy (video);  Computing in Economics and Finance, Vancouver, Canada; 45th Annual Conference of the Money, Macro and Finance Research Group, UK; CIMS workshop "Fiscal monetary policy", University of Surrey, UK (discussant).

2012: American Economic Association Annual Meeting, Chicago, USA; Computing in Economics and Finance, Prague, Czech Republic; CIMS Conference, University of Surrey, UK (discussant).

2011: 36th Symposium of the Spanish Economic Association, Malaga, Spain; DIW Macroeconometric workshop, Berlin, Germany; 52nd Annual Conference of the Italian Economic Association, Italy; 43rd Annual Conference of the Money, Macro and Finance Research Group, UK; 26th Annual Congress of the European Economic Association, Oslo, Norway; 5th Annual Meeting of the Portuguese Economic Journal, Portugal;  28th Symposium on Money, Banking and Finance, University of Reading, UK; Spring Meeting of Young Economists (SMYE), Groningen, Netherlands.

2010: Birkbeck College, University of London, UK; European Central Bank; 25th Annual Congress of the European Economic Association, Glasgow, UK; Cambridge Conference on "New Instruments of Monetary Policy: The Challenges", Cambridge CIMF and MMF, UK.

2009: Birkbeck College, University of London, UK; Bank of England; ECOFI Conference, Geneva, Switzerland.

2008: 10th INFER Annual Conference, Portugal; Birkbeck College, University of London, UK; University of Rome La Sapienza, Italy.

INVITED SEMINARS

2022: Department of Economics, University of Hamburg, Germany.

2014: School of Economics, University of Surrey, UK; Department of Economics, City University London, UK; Department of Economics, Management and Statistics, University of Milan Bicocca, Italy.

2013: Department of Economics, University of Hamburg, Germany.

2012: National Bank of Belgium, Brussels, Belgium.

2011: Department of Economics and Statistics, University of Salerno, Italy.

TEACHING EXPERIENCE

Lecturer of Microeconomics, undergraduate; Monetary Economics, undergraduate; Monetary Economics and Financial Markets, postgraduate; Economics of Innovation - Economic Growth, post-graduate, at University of Foggia, Italy.

Teaching Assistant of Microeconomics, post-graduate, at Birkbeck, University of London, UK.

Teaching Assistant of Economics, undergraduate, at University "La Sapienza", Rome, Italy.

SUMMER SCHOOLS AND SHORT COURSES

June 2019           Inference in macro models: from big data to structural analysis, prof. Giannone and prof. Primiceri, Universitat Pompeu Fabra, EABCN.

May 2015           1st PIER workshop on quantitative tools for macroeconomic policy analysis, University of Pennsylvania, US. Courses:

                          - Financial & macroeconomic monitoring, modeling & forecasting, prof. Diebold;

                          - Recent advances in econometric analysis of DSGE models, prof. Schorfheide;

                          - Nonlinear models of financial crises & macropridential regulation, prof. Mendoza.

Sep 2010            Monetary-Fiscal Policy Interactions, prof. Eric Leeper, ECB, Frankfurt, Germany

Sep 2009            Applied Bayesian econometrics for central bankers, CCBS, Bank of England, UK

Jul 2007             Summer School in Computational Economics Programming in Matlab, University of Lecce, Italy

Oct 2007            Fundamentals of Teaching, Centre of Learning and Professional Development, University of London, UK

Jun–Jul 2005       Barcelona Macroeconomics Summer School 2005, Universitat Pompeu Fabra, Spain. Courses: 

                          - Monetary Policy, Inflation, and the Business Cycle, prof. J. Galì;

                          - Economic Growth and Development I, prof. X. Sala-I-Martin;

                          - Fiscal Policy, prof. A. Marcet. 

SKILLS

Computer packages:

Good: E-views, LaTex, Lyx, Matlab, Scientific Workplace

Basic: C++, R, SPSS, Stata

Languages: Italian (native); English (fluent); Spanish (basic); Dutch (elementary)