Academic Positions and Teaching
- Alma Mater Professor, Università di Bologna (since 01/11/2022).
- Current teaching: Economics of the EU (graduate)
- Professor of Economics (Professore ordinario), Università di Bologna (1997-2022)
- Courses taught: Economics of the EU (graduate); Topics in Economic Policy; Economia dell'integrazione europea; Macroeconomia; Economia Monetaria; Microeconomia.
- Previously: Università di Parma (Professor, 1994-1997),
Università di Cagliari (Professor, 1990-1994), Università Bocconi
(Associate Professor, 1987-1990).
- Courses taught: Macroeconomics; Microeconomics; Advanced Macroeconomics; Econometrics; Monetary Theory and Policy.
Education
M.Phil in Economics, Oxford University, 1979.
Laurea in Economia e Commercio, Università di Ancona, 1976
(cum laude).
Research Interests
Economics and Political economy of the EU
Macroeconomic growth and divergence in the EU and the euro area
Monetary and fiscal policy rules and institutions
Labor market institutions and macro outcomes
Affiliations e Memberships
Research Fellow at IZA, Institute for the Study of Labor (www.iza.org).
Member: American Economic Association; Società Italiana degli
Economisti.
Referee
Economic Journal, Economic Notes, Economic Systems, European Economic Review,
European Journal of Political Economy, IZA-World of Labor, Journal of Banking and Finance,
Journal of Economics, Journal of Development Economics, Journal of Macroeconomics,
Journal of Common Market Studies, Journal of Comparative Economics,
Journal of Money Credit and Banking, Journal of the European Economic Association,
Oxford Economic Papers, Review of Financial Economics,
Scandinavian Journal of Economics, The Manchester School, The World Economy.
PUBLICATIONS and WORKING
PAPERS
Papers and many articles may be downloaded from the
Social Science Research Network (SSRN): http://papers.ssrn.com/author=63429
and from Repec: http://authors.repec.org/pro/pro84/
.
• RECENT PUBLICATIONS:
- R. Rovelli (2024) Labor market institutions and policies in old and new EU members. IZA World of Labor 2024: 222. doi: 10.15185/izawol.222.v2. https://wol.iza.org/articles/labor-market-institutions-and-policies-in-old-and-new-eu-members
- N. Jaakkola and R. Rovelli (2023) Introduction to the Issue on Green Transition: How to Make It Finally Happen? Cesifo EconPol Forum 24 (6), 03-06. https://www.cesifo.org/en/publications/2023/journal-complete-issue/econpol-forum-06-2023-green-transition
• ARTICLES IN INTERNATIONAL JOURNALS (REFEREED)
-
A cointegration analysis of the relationship between bank reserves, deposits and loans: the case of Italy, 1965-1987 (with Valentina Corradi e Marzio Galeotti), Journal of Banking and Finance, 14(1), 1990, 199-214. http://dx.doi.org/10.1016/0378-4266(90)90044-3
- How much (A)symmetry in Europe? Evidence from Industrial Sectors (with Rodolfo Helg, Paolo Manasse, Tommaso Monacelli), European Economic Review, 39, 1995, May, 1017-1042. http://dx.doi.org/10.1016/0014-2921(95)00006-Y
- Central banking and seigniorage: A study of three economies in transition (with Eduard Hochreiter and Georg Winckler), European Economic Review - Papers and Proceedings, 40, 1996, April, 629-644. Czech translation in: Politická Ekonomie, XLV, 97/2, 193-206. http://dx.doi.org/10.1016/0014-2921(95)00075-5
- Financial Intermediation Versus Stock Markets in a Dynamic Intertemporal Model (with Sudipto Bhattacharya and Paolo Fulghieri). Journal of Institutional and Theoretical Economics, 154, No.1, March 1998, 291-319. http://www.jstor.org/stable/40752063
- Capital markets, financial intermediaries and liquidity supply (with Paolo Fulghieri). Journal of Banking and Finance, 22(9), 1998, 1157-1179. http://dx.doi.org/10.1016/S0378-4266(98)00053-3
- Investor risk aversion and financial fragility in emerging economies (with Jeffrey H. Nilsen). Journal of International Financial Markets, Institutions & Money, 11, No.3/4, 2001, 443-474. http://dx.doi.org/10.1016/S1042-4431(01)00045-2
- Painless Disinflation? Monetary Policy Rules in Hungary, 1991-1999 (with Roberto Golinelli) The Economics of Transition, 10 (1), 2002, 55-91. http://dx.doi.org/10.1111/1468-0351.00103
- The Generation and Distribution of Central Bank Seigniorage in the Czech Republic, Hungary and Poland (with Eduard Hochreiter). Banca Nazionale del Lavoro Quarterly Review, no.223, 2002 Dec., 391-415. http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9916/9798
- Macroeconomic stability and the preferences of the Fed. A formal analysis, 1961-98 (with Carlo A. Favero). Journal of Money, Credit and Banking, 35 (4), 2003, 545-556. http://www.jstor.org/stable/3649900
- Monetary Policy Transmission, Inflation Targeting and Interest Rate Rules in Transition Countries (with Roberto Golinelli). Journal of Banking and Finance, 29 (1), 2005, 183-201. http://dx.doi.org/10.1016/j.jbankfin.2004.06.021
- Labor Market Policies and Outcomes in the Enlarged EU (with Randolph Bruno). Journal of Common Market Studies. 48(3), 2010, 661–685. http://dx.doi.org/10.1111/j.1468-5965.2010.02068.x
- Did support for economic and political reforms increase during the post-communist transition, and if so, why? (with Anzelika Zaiceva). The Economics of Transition, 21 (2), 2013, 193-240. http://dx.doi.org/10.1111/ecot.12009
- Did Growth and Reforms Increase Citizens' Support for the Transition? (with Roberto Golinelli). European Journal of Political Economy, 30 (June), 2013, 112-137. http://dx.doi.org/10.1016/j.ejpoleco.2013.01.0004
- The role of the Exchange Rate Regime in the process of Real and Nominal Convergence (with Gaetano D’Adamo). Journal of Macroeconomics, 43, 2015, 21-37. http://dx.doi.org/10.1016/j.jmacro.2014.09.004
- Wage coordination in new and old EU member states. IZA World of Labor, 2016: 222. http://dx.doi.org/10.15185/izawol.222
• CHAPTERS IN BOOKS AND OTHER PUBLICATIONS (ENGLISH)
- The impact of a new futures contract on risk premia in the term structure: An APT analysis for French government bonds (with Alessandro Citanna). In: V.Conti and R.Hamaui (eds.), Financial markets liberalization and the role of banks, Cambridge U. Press, 1993.
- Reserve requirements, seigniorage and the financing of the government in an economic and monetary union. In: Directorate General for Economics and Financial Affairs, European Commission, Applying market principles to government borrowing; Growth and employment. Series: European Economy - Reports and studies, No.1, 1994, 11-56. ISBN: 92-826-7471-1. http://bookshop.europa.eu/en/applying-market-principles-to-government-borrowing-growth-and-employment-pbCM8294577/
- Review of: Eichengreen, B., Frieden, J., and von Hagen, J., (eds.) Monetary and Fiscal Policy in an Integrated Europe, Journal of Economics, 65, 1997, no.1, 104-110.
- Discussion of: Eijffinger S.C.W., Central Bank Independence in Practice - An International Comparison. In: Oesterreichische Nationalbank, Central Bank Independence and the Credibility of European Monetary Policy, Vienna,1997.
- Central banks and seigniorage: a study of three transition economies (with Eduard Hochreiter and Georg Winckler). In: C.Helmenstein (ed.), Capital Markets in Transition Economies, Edward Elgar, 1998, vol. 1.
- Editor of, and Introduction in: Monetary Policy and Interest Rates (with Ignazio Angeloni), Macmillan Press, 1998.
- Independent or Coordinated? Monetary and Fiscal Policy in EMU (with Luca Lambertini). In: R. Beetsma, C. Favero, A. Missale, A. Muscatelli, P. Natale and P. Tirelli (eds.) Monetary Policy, Fiscal Policies and Labour Markets - Macroeconomic Policy Making in the EMU. Cambridge University Press, 2004, ch.6.
- Financial Intermediation versus Stock Markets in a Dynamic Intertemporal Model (with Sudipto Bhattacharya and Paolo Fulghieri). In: S.Bhattacharya, A.Boot and A.Thakor (eds.) Credit, Intermediation, and the Macroeconomy - Readings and Perspectives in Modern Financial Theory. Oxford University Press, 2004, ch.7.
- One market, how many social models? Policy and performance indicators for the EU-27. In: L.Tichy, B.Plechanovà, O.Schneider (eds.) European Integration at the Crossroads, Univerzita Karlova V Praze-Pràvnickà Fakulta, Prague, 2008. W.P. version: http://www2.dse.unibo.it/rovelli/RR-Papers/RR_OneMkt_ManyModels.pdf
- Italy: Inching Out of the Global Crisis. CESifo Forum 11(1)/2010, 44-54. http://www.cesifo-group.de/DocDL/forum1-10-special1.pdf
- Economic Policy in a Global Crisis: Did Italy Get It Right? In: M. Giuliani, E. Jones. Italian Politics 2009: Managing Uncertainty, Berghahn Books, NY, 2010 (pp. 223 - 241).
- Two Suggestions for the Future of the Eurozone. CESifo Forum 12(2)/2011, 55-62. http://www.cesifo-group.de/DocDL/forum2-11-focus10.pdf
• PUBLICATIONS IN ITALIAN: BOOKS AND JOURNALS
1) Il sistema bancario ed il meccanismo di trasmissione
(The banking system and the transmission mechanism) (with V.Corradi
and M.Galeotti), in: F.Cesarini, M.Grillo, M.Monti, M.Onado (eds.)
Banca e Mercato, Il Mulino, 1988.
2) Le banche e l'innovazione finanziaria: quali implicazioni
per la domanda di capitale delle banche? (Banks and financial
innovation: implications for banks' demand for capital), in:
F.Cesarini (ed.) Il rafforzamento patrimoniale delle banche, Il
Mulino, 1988.
3) Una valutazione della volatilità dei titoli azionari
(An evaluation of shares'volatility) (with F. Cartiglia and
V.Corradi) in: Banca d'Italia, Ricerche e metodi per la politica
economica, Vol.II, Roma, 1989.
4) Causalità e cointegrazione e il moltiplicatore monetario.
Il caso dell'Italia, 1965-1986 (Causality, cointegration and the
money multiplier. Italy, 1965-1986) (with V. Corradi and
M.Galeotti) in: Banca d'Italia, Ricerche e metodi per la politica
economica, Vol.II, Roma, 1989.
5) Riserva obbligatoria, politica monetaria e integrazione
europea del sistema bancario italiano (Compulsory reserves,
monetary policy and the European integration of the Italian banking
system) (with F.Bruni) in: Banca CRT, La modifica della riserva
obbligatoria, Quaderni di Osservatorio economico, n.2, 1989.
6) Una ipotesi di riforma della riserva obbligatoria (A
proposal for the reform of compulsory reserves) , Bancaria, 46,
n.7/8, Luglio-Agosto 1990.
7) L'impatto di un nuovo contratto futures sul premio al
rischio nella struttura per scadenze dei tassi d'interesse: uno
studio del mercato dei titoli di Stato in Francia (The impact of a
new futures contract on the term structure risk premium: An
analysis of the French government bond market) (with A.Citanna),
in: V.Conti and R.Hamaui (eds.) Operatori e mercati nel processo di
liberalizzazione, Vol.II, Il Mulino, 1991.
8) Commercio, tecnologia e asimmetria del ciclo economico.
Un'analisi empirica dell'industria manifatturiera nell'Unione
Europea (with R. Paci). in: AA.VV., Ricerche quantitative per la
politica economica - 1997, Banca d'Italia, 1999.
9) Macroeconomia Europea, Zanichelli, 2001 (2nd ed.; 1st
ed.1999).
10) Potenza civile e mercato globale: Reggerà il modello
europeo alla prova della globalizzazione? In: G.Laschi e M.Telò (a
cura di), "Europa potenza civile o entità in declino?”, Il Mulino,
2007. WP version:
http://www2.dse.unibo.it/rovelli/RR-Papers/RR_PcMg_17gen2007.pdf
11) Mercato: Fatto o valore? Oltre la dicotomia. Sociologia
del lavoro, n. 111, 2008, 35-70. WP version:
http://www2.dse.unibo.it/rovelli/RR-Papers/RR_Mercato_Fatto_Valore_2008.pdf
12) Enlargement fatigue? L'altro punto di vista (with Anzelika
Zaiceva). In: G.Laschi e M.Telò (a cura di), "Europa, potenza
civile? Contraddizioni, ostacoli e scenari alternativi”, Il Mulino
(2008: forthcoming). WP version downloadable at:
http://www2.dse.unibo.it/rovelli/RR-Papers/rraz_Enlarge_fatigue_ita-270608.pdf
13) La politica economica nella crisi globale: l'Italia ha
fatto la cosa giusta? In:M. Giuliania e E. Jones, “Politica in
Italia. I fatti dell'anno e le interpretazioni. Edizione 2010.” Il
Mulino, 2010 (pp. 269 - 291).
• WORKING PAPERS
1) Determinants of interest rates on Italian government
bonds and the valuation of floating rate bonds, IGIER W.P. no.17,
April 1992.
2) Due riforme parallele: il conto corrente di tesoreria e la
riserva obbligatoria (In Italian: Two reforms in parallel: the
Treasury's current account and compulsory reserves) (with F.
Innocenzi), Quaderni del Centro di Economia monetaria e finanziaria
Paolo Baffi, n.64, 1992.
3) Capital markets, financial intermediaries and the supply of
liquidity in a dynamic economy (with P. Fulghieri), IGIER W.P. no.
37, January 1993, and: First Boston W.P 93-04, GSB Columbia
University.
4) How much (A)symmetry in Europe? Evidence from Industrial
Sectors (with R.Helg, P.Manasse, T.Monacelli), IGIER W.P. no. 70,
July 1994.
5) Central banking, seigniorage and the financing of the
government, Quaderni del Centro di Economia monetaria e finanziaria
Paolo Baffi, No.85, July 1994.
6) Central banks and the use of seigniorage: A study of three
economies in transition (with E.Hochreiter and G.Winckler), IGIER
W.P. no. 84, 1995.
7) Turnpike Banking: Only the Meek Shall Inherit the
Earth (with S.Bhattacharya and P.Fulghieri), IGIER W.P. no.110,
January 1997, and: D.P. No. 237, LSE-Financial Markets Group, March
1996.
8) Financial Intermediation Versus Stock Markets in a Dynamic
Intertemporal Model (with S.Bhattacharya and P.Fulghieri), Quaderno
No. 300, Dipartimento di Scienze Economiche-Università di Bologna,
W.P. 300/60, August 1997.
9) Do Trade and Technology Reduce Asymmetries? Evidence from
Manufacturing Industries in the EU (with R.Paci), IGIER W.P.
no.109, December 1996. Revised: Dipartimento di Scienze
Economiche-Università di Bologna, W.P. 301/17, November 1997. Also
at the URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=85988.
10) La politica monetaria in Europa: Una guida per il
cittadino intelligente (In Italian: An intelligent citizen's guide
to Monetary Policy in Europe), Quaderni della Biblioteca E.
Bigiavi, Università di Bologna, January 1999.
11) Monetary Policy and the Convergence to Low Inflation: A
Small Macro Model for Hungary and Poland, 1991-1998 (with Roberto
Golinelli) July 1999. URL: http://papers.ssrn.com/paper.taf?abstract_id=177468.
12) The Generation and Distribution of Central Bank
Seigniorage in the Czech Republic, Hungary and Poland (with Eduard
Hochreiter), July 1999. URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=177470.
Published: Banca Nazionale del Lavoro Quarterly Review, no.223,
2002 Dec., 391-415.
13) Modeling and Identifying Central Bank Preferences (with
Carlo Favero), Temi di Ricerca-Ente per gli studi monetari, bancari
e finanziari Luigi Einaudi, No.19, July 2000. (First versions:
IGIER W.P. no.148 and CEPR D.P 2178, June 1999). URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=156289
14) Investor Risk Aversion and Financial Fragility in Emerging
Economies (with Jeffrey H. Nilsen), July 2000. Dipartimento di
Scienze Economiche-Università di Bologna, W.P. no. 429. Also at the
URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=177469.
Published: Journal of International Financial Markets, Institutions
& Money, 11, No.3/4, 2001, 443-474
15) Macroeconomic Stability and the Preferences of the Fed. A
Formal Analysis, 1961-98 (with Carlo Favero). July 2001. URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=280250.
Published: Journal of Money, Credit and Banking, 35 (4), 2003,
545-556.
16) Painless Disinflation? Monetary Policy Rules in Hungary,
1991-1999 (with Roberto Golinelli) September 2001. URL: http://papers.ssrn.com/abstract=256135.
Published: Economics of Transition, 10, 2002, 55-91
17) Independent or Coordinated? Monetary and Fiscal Policy in
EMU (with Luca Lambertini) 5 October 2001. URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=288661.
Published in: R. Beetsma, C. Favero, A. Missale, V.A.
Muscatelli, P. Natale and P. Tirelli (eds.) Fiscal Policies,
Monetary Policies and Labour Markets. Key Aspects of European
Macroeconomic Policies after Monetary Unification, Cambridge U.P.,
2003.
18) Monetary Policy Transmission, Interest Rate Rules
and Inflation Targeting in Three Transition Countries (with Roberto
Golinelli), December 2001. Dipartimento di Scienze
Economiche-Università di Bologna, W.P. no. 429. Rev. February 2004.
Downloadable at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=299409.
Published: Journal of Banking and Finance, 29 (1), 2005,
183-201.
19) Optimal fiscal stabilization policy with credible central
bank independence (with Luca Lambertini) December 2002.
Dipartimento di Scienze Economiche-U.di Bologna, W.P.no.460.
Downloadable at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=366000.
20) Monetary and fiscal policy coordination and macroeconomic
stabilization. A theoretical analysis (with Luca Lambertini) 14
February 2003. Dipartimento di Scienze Economiche-U. di Bologna,
W.P. no. 464. Downloadable at: http://ssrn.com/abstract=380322.
21) Why fiscal commitment improves price stability (with Luca
Lambertini). 8 June 2004.
22) One market, how many social models? Policy and performance
indicators for the EU-27, Dipartimento di Scienze Economiche, 29
May 2007. Downloadable at:
http://www2.dse.unibo.it/rovelli/RR-Papers/RR_OneMkt_ManyModels.pdf
23) Potenza civile e mercato globale: Reggerà il modello
europeo alla prova della globalizzazione? Dipartimento di Scienze
Economiche, 17 January 2007 (in Italian). Downloadable at:
http://www2.dse.unibo.it/rovelli/RR-Papers/RR_PcMg_17gen2007.pdf
24) Labor Market Policies and Outcomes: Cross Country Evidence
for the EU-27 (with Randolph Bruno), IZA DP 3161, November
2007. Downloadable at:
http://www2.dse.unibo.it/rovelli/RR-Papers/RRRB_EU27_LMP_300907.pdf
25) Labor Market Policies, Institutions and Employment Rates
in the EU-27 (with Randolph Bruno), IZA DP 3502, May 2008.
26) Mercato: Fatto o Valore? Oltre la dicotomia! Rev: June
2008 (in Italian). Downloadable at:
http://www2.dse.unibo.it/rovelli/RR-Papers/RR_Mercato_Fatto_Valore_2008.pdf
27) Enlargement fatigue? L'altro punto di vista (with Anzelika
Zaiceva), June 2008 (in Italian). Downloadable at:
http://www2.dse.unibo.it/rovelli/RR-Papers/rraz_Enlarge_fatigue_ita-270608.pdf
28) Transition fatigue? Cross-country evidence from micro data
(with Anzelika Zaiceva). April 2009. IZA D.P.4224.
29) Individual support for economic and political changes:
Evidence from transition countries, 1991-2004 (with Anzelika
Zaiceva). DSE W.p. 736, March 2011. Revised version of IZA D.P.
4224. Published in: The Economics of Transition, 2013.
30) Did Growth and Reforms Increase Citizens' Support for the
Transition? (with Roberto Golinelli). IZA D.P.5836, July 2011.
Published in : European Journal of Political Economy, 2013.
31) Labor Market Institutions and the Response of Inflation to Macro Shocks in the EU: A Two-Sector Analysis (with Gaetano D’Adamo). IZA D.P.7616, September 2013. http://ftp.iza.org/dp7616.pdf
32) The Role of the Exchange Rate Regime in the Process of Real and Nominal Convergence (with Gaetano D’Adamo). IZA D.P.7627 September 2013.
http://ftp.iza.org/dp7627.pdf . Rev. version published in:
Journal of Macroeconomics, 2015, 43, 21-37.
33) Labour Market Institutions and Inflation Differentials in the EU (with Gaetano D’Adamo). IZA D.P.9389 September 2015. http://ftp.iza.org/dp9389.pdf
ORGANIZATION OF CONFERENCES AND WORKSHOPS
1991 Organizer (with F.Bruni and F.Giavazzi) of the CEPR /
Centro Paolo Baffi Conference on "Monetary Policy in Stage Two of
Emu" (Milano, September). Report published as CEPR Report: "The
road to EMU: Managing the transition to a single European
currency", December 1991.
1994 Organizer of the Centro Paolo Baffi / CESPRI / IGIER
Workshop on "The impact of monetary integration on European
regions, industry and trade" (Milano, November)
1995 Organizer (with E. Hochreiter) of the Invited Papers
Session on “Monetary and Financial Policies in the Economies in
Transition”, Tenth Annual Congress, European Economic Association
(Prague, September). Proceedings published in European Economic
Review, 1996.
1995 Organizer of the Centro Paolo Baffi / IGIER Workshop
on “Bank Efficiency, Economies of Scale and Bank Size” (Milano,
September).
1996 Organizer (with I. Angeloni) of the Banca d'Italia /
Centro Paolo Baffi / IGIER Workshop on “Monetary Policy and the
Term Structure of Interest Rates” (Milano, June). Conference volume
published with Macmillan Press, 1998.
1997 Organizer (with I. Angeloni and F.Lippi) of the Banca
d'Italia / Centro Paolo Baffi / IGIER Workshop on “Monetary Policy
and the Structure of Goods and Labor Markets” (Perugia,
June).
1997 Organizer (with G. Ferri) of a Workshop on
“Processi Competitivi e Articolazione Territoriale nel Sistema
Bancario” (Competitive Processes and Spatial Allocation in the
Banking System) (Università di Parma, November).
1993-97 Responsible for the Visitors and Seminars
Programme, IGIER (Milano).
1998 Organizer (with I. Angeloni) of the Banca d'Italia /
Centro Paolo Baffi / IGIER Workshop on “Monetary Policy of the
ESCB: Strategic and Implementation Issues” (Milano, July).
2002 EACES Bi-annual Conference. Organizer and Chair of Panel:
“Monetary and fiscal policy convergence and choice of exchange rate
regime in transition countries”, Facoltà di Scienze Politiche
(Forlì, June 8).
2005 Organizer (with S. Arndt and M. Plummer) of the
Bologna–Claremont International Economic Policy Forum on: “Global
Monetary Integration and Governance: Europe, the Americas and
Asia”, The Johns Hopkins University - Bologna Center (Bologna,
April 7–9, 2005).
2007 Co-organizer (with H. Lehmann and S. Scarpetta ) of the
IZA-World Bank Workshop: “The Informal Economy and Informal Labor
Markets in Developing, Transition and Emerging Economies”
(Bertinoro, January 26-27).
2010 Organizer and Chair of session on “Euro Adoption After the Crisis: Time for Rethinking” at the XXII Edition of Villa Mondragone International Economic Seminar, Università degli Studi di Roma Tor Vergata (June 22).
PRESENTATIONS at SEMINARS and
CONFERENCES
From 1990 to August 1995:
I have presented papers or have been a discussant at: Applied
Econometrics Association (Brussels, 92), Banca Commerciale Italiana
(Milano, 90, 92), Banca d'Italia ( 91, 93, 94), CEPR (Champoussin,
94; Gerzensee Study Center, 90, 92; Milano, 94; Lausanne, 90;
Lovain-la-Neuve, 94), Econometric Society Winter Meetings (Boston,
94); European Commission-DG2 (Brussels, 93), European Economic
Association (Cambridge, 91), European Finance Association
(Copenhagen, 93), IGIER (Milano, 91, 92, 93, 95), IMI (Roma, 90,
91), NBER-ISOM (Paris, 94), Oesterreichische Nationalbank (94); and
at the Universities of Amsterdam (94), Ancona (90), Bergamo
(91), Bocconi (90, 91, 92, 94), Bologna (94), Brescia (93),
Cagliari (91, 92, 93, 95), Catholic University of Milano (94),
European University Institute (95), Modena (92), Roma-Luiss
(93), Southampton (90), Torino (94).
From September 1995 to December 1999:
1995 September 2 - European Economic
Association, Tenth Annual Congress (Prague)
Central banks and seigniorage: a study of three
economies in transition (with E. Hochreiter).
1995 December 1 - IV Tor Vergata Financial Conference –
Università di Roma “Tor Vergata”
Turnpike banking: Only the meek shall inherit the earth
(with Sudipto Bhattacharya).
1995 December 21 - International Economic Association,
Eleventh World Congress (Tunis)
Central banks and seigniorage: a study of three
economies in transition.
1996 January 20 - CEPR Conference: "Finance and
Macroeconomics”, Gerzensee Study Center (CH)
Discussant of J.Suarez - O. Sussman (Endogenous Cycles
in a Stiglitz-Weiss Economy)
1996 February 1 - Seminar, Università di Parma
A revival of nations? National business cycles in the
European Union. Evidence from manufacturing industries.
1996 April 26 - Seminar, Austrian National Bank
(Vienna)
Seigniorage in the EU and in the EIT: issues and
perspectives.
1996 May 10 - Paolo Baffi Centre Conference: “Toward a Common
European Banking Market: National Strategies and Policy Issues”,
Università Bocconi (Milano)
Discussant of Edward P.M Gardener - Philip Molyneux
(Economies of scale, scope and X-efficiencies in European
Banking).
1996 May 24 - Seminar, Università Cattolica
(Milano)
Turnpike banking: Only the meek shall inherit the
earth.
1996 June 14 - Banca d'Italia / Igier / Centro Paolo Baffi
Workshop: “Monetary Policy and the Term Structure of Interest Rates
”, Università Bocconi (Milano)
Discussant of Jagjit S. Chadha - Joe A. Ganley
(Measuring monetary policy credibility: Estimates for the UK,
Germany and the US based on the term structure of interest
rates).
1996 September 27 - LSE-FMG Conference on “The World of
Fischer Black”, Alghero (Sassari)
Turnpike banking: Only the meek shall inherit the earth
(with S.Bhattacharya and P.Fulghieri), and:
Discussant of C.Goodhart - H.Huang (What is the Central
Bank's Game?).
1997 March 19 - Autorità Garante della Concorrenza e del
Mercato (Antitrust Auth.), Roma.
Presentation and Round Table Discussion of: Competition
processes in the market for bank loans and financial services to
firms in Italy (with J. Alworth).
1997 May 14 - Oesterreichische Nationalbank - 25th
Economics Conference, Vienna
Discussant of S.C.W. Eijffinger (Central bank independence in
practice - an international comparison).
1997 September 24 - Paolo Baffi Centre Workshop:
“Structural Evolution of Banking Systems”, Università Bocconi
(Milano)
Discussant of R. De Bonis and A. Ferrando (Determinants of
bank lending rates in Italian provinces).
1997 November 6 – Conference on “La molteplicità dei modelli
di sviluppo nell'Italia del Nord”, Università di Parma
Discussant of four papers in the session on “Articolazione
territoriale nel mercato del credito e finanziamento dello
sviluppo” (Local credit markets and financing of growth).
1997 November 7 - Banca d'Italia Conference (Sadiba,
Perugia)
Do Trade and Technology Reduce Asymmetries? Evidence from
Manufacturing Industries in the EU (with R.Paci).
1997 December 19 - Ente Einaudi Conference: “Nuovi orizzonti
per il sistema bancario italiano” (Roma)
Discussant of: I.Angeloni et al. (La redditività del sistema
bancario italiano: confronti e tendenze).
1998 March 26 - CIDE Seminar (Bologna)
Discussant of: M.Artis and M. Marcellino (Fiscal Solvency and
Fiscal Forecasting in Europe).
1998 April 3 - CEPR-OeNB Seminar on Real Exchange Rates
(Vienna)
Discussant of: S.Cecchetti, N.C.Mark and R.Sonora (Price
Level Convergence Among United States Cities: Lessons for the
European Central Bank).
1998 July 7 - Banca d'Italia / Igier / Centro Paolo Baffi Workshop:
“Monetary policy of the ESCB: Strategic and Implementation Issues”,
Università Bocconi (Milano)
Discussant of K. Kuttner and A. Posen (Does Talk Matter
After All? Identifying the Effects of Inflation Targeting).
1998 September 3 - European Economic Association,
Thirteenth Annual Congress (Berlin)
Do Trade and Technology Reduce Asymmetries? Evidence from
Manufacturing Industries in the EU (with R.Paci).
1998 September 11-12 - Workshop of Phare ACE Research Project
on “Central banks, financial structure and monetary policy in the
economies in transition of Central and Eastern Europe” (NBH,
Budapest)
Modeling Financial Fragility in Transition Economies,
and:
The Generation and Distribution of Central Bank
Seigniorage in the Czech Republic, Hungary and Poland (with E.
Hochreiter).
1998 September 23 - ASSET, Anual Congress (Bologna)
Modeling Financial Fragility in Transition Economies.
1998 November 27 - VII Tor Vergata Financial Conference
(Università di Roma “Tor Vergata”)
Modeling Financial Fragility in Transition Economies,
and
The Generation and Distribution of Central Bank
Seigniorage in three transition countries.
1999 March 19 - Seminar, Università Statale
(Milano-Bicocca)
Modeling and Identifying Central Banks' Preferences.
1999 April 16 - Workshop of Phare ACE Research Project on
“Central banks, financial structure and monetary policy in the
economies in transition of Central and Eastern Europe” (OeNB,
Vienna)
Monetary Policy and the Convergence to Low Inflation: A Small
Macro Model for Hungary and Poland, 1991-1998.
1999 July 16 - Workshop of Phare ACE Research Project on
“Central banks, financial structure and monetary policy in the
economies in transition of Central and Eastern Europe” (CNB,
Prague)
Monetary Policy and the Convergence to Low Inflation: A Small
Macro Model for Hungary and Poland, 1991-1998.
1999 October 15 - Paolo Baffi Centre - SUERF Joint Conference:
“Market Approach to Financial Stability: A Role for Deposit
Insurance?” (Università Bocconi, Milano)
Discussant of R. Dale (Deposit Insurance in Theory and
Practice).
1999 December 20 - Giornata di studio in ricordo di Paolo
Baffi - Ente "L.Einaudi" (Roma)
Modeling and Identifying Central Banks' Preferences.
Since 2000:
2000 July 4 - Gerzensee Study Center (CH)
Investor risk aversion and financial fragility in emerging
economies (with Jeffrey Nilsen).
2000 October 27 - Konstanz Seminar on Monetary Theory and
Monetary Policy (Konstanz)
Investor risk aversion and financial fragility in emerging
economies (with Jeffrey Nilsen).
2001 February 15 - University of Bari-World Bank
Conference on Integration and Development of the Balkans and
SMEs (Bari)
Discussant of Giorgio Gomel (Stages of development of
banking systems and financial markets in the SEECs: some lessons
for growth).
2001 May 11 - Workshop of Phare-Ace Project on 'Monetary
and Exchange Rate Strategies related to the Current European
Union's Enlargement Process' (Tinbergen Institute-Erasmus
University, Rotterdam) – Invited Speaker
Painless Disinflation? Monetary Policy Rules in
Hungary 1991-1999 (with Roberto Golinelli).
2001 May 30 - Konstanz Seminar on Monetary Theory and
Monetary Policy (Konstanz)
Discussant of Philippe Bacchetta (A corporate balance-sheet
approach to currency crises).
2001 September 20 - EMU Macroeconomics Institutions Conference,
Università di Milano-Bicocca. Independent or Coordinated? Monetary
and Fiscal Policy in EMU (with Luca Lambertini), and:
Discussant of F.Coricelli, A. Cukierman, A. Dalmazzo (Economic
Performance and Stabilization in a Monetary Union with Imperfect
Labor and Goods Markets).
2002 January 4 - American Economic Association, Atlanta
Monetary Policy Transmission, Inflation Targeting and
Interest Rate Rules in Transition Countries (with Roberto
Golinelli)
2002 March 15 – Workshop: Insegnare l'integrazione europea,
Bertinoro (Forlì):
Quale e quanta integrazione? Spunti per un dibattito
sulla politica economica nell'UE.
2002 May 24 – Facoltà di Scienze Politiche di Forlì
(Forlì):
Organizer, Chair and Introduction of Panel: Dalla ricerca alla
cura: Come organizzare e finanziare la distribuzione dei farmaci
contro l'Aids nei paesi poveri? (How to organize and finance the
distribution of anti-Aids medicines in poor countries?)
2002 June 8 – EACES bi-annual conference, Facoltà di Scienze
Politiche di Forlì
Organizer and Chair of Panel: “Monetary and fiscal policy
convergence and choice of exchange rate regime in transition
countries”, and:
Discussant of: A.Cas-Granje, “The macroeconomic framework of
countries in preparation for accession to the EU and entry to EMU”;
R. Schweickert, “Assessing the Advantages of EMU-Enlargement for
the EU and the Accession Countries: A Comparative Indicator
Approach”; G.Gomel, “The Banking and Financial Sector in the
Countries of South Eastern Europe”; L.Orlowski, “Monetary
Convergence and Financial Risk Management in the EU Candidate
Countries”.
2002 July 5 – Eurozone Meeting, Facoltà di Economia
(Bologna)
Monetary Policy Transmission, Inflation Targeting and
Interest Rate Rules in Transition Countries (with R.
Golinelli).
2002 October 23 – Study Center Gerzensee (Foundation of Swiss
N.B.)- Central Bankers Course:
Workshop: Monetary Transmission in Transition Economies.
2003 January 5 – Allied Social Sciences Association Meeting
(Washington D.C.) – NAEFA Panel:
Monetary and Fiscal Policy Coordination and Macroeconomic
Stabilization. A Theoretical Analysis (with Luca Lambertini).
2003 January 16 – Seminar at Igier (Università
Bocconi, Milano)
Monetary and Fiscal Policy Coordination and Macroeconomic
Stabilization. A Theoretical Analysis (with Luca Lambertini).
2003 April 14 – Facoltà di Scienze Politiche di Forlì
(Forlì):
Organizer and Introduction of Panel: “Dopo la Convenzione Europea:
Quale nuova Unione?” (After the European Convention: Towards a New
Union?).
2003 August 24 – European Economic Association Annual Congress
(Stockholm)
Monetary and Fiscal Policy Coordination and Macroeconomic
Stabilization. A Theoretical Analysis (with Luca Lambertini).
2003 November 22 – Workshop: Emu Macroeconomic Institutions and
Policies (Università Bicocca, Milano)
Discussant of: B. Buiter – C. Grafe “Patching up the Pact. Some
Suggestions for Enhancing Fiscal Sustainability and Macroeconomic
Stability in an Enlarged European Union”.
2004 March 11 – Comitato Italiano Unicef: Corso
interdisciplinare di educazione allo sviluppo (Forlì)
Quali istituzioni per lo sviluppo?
2004 May 15 – Workshop: Macroeconomic Governance in the EMU
(Università di Siena)
Monetary and Fiscal Policy Coordination and Macroeconomic
Stabilization. A Theoretical Analysis (with Luca Lambertini),
and:
The Political Economy of the Stability Pact: An evaluation of
alternative proposals to reform the SGP and of their political
sustainability.
2004 May 26 - Konstanz Seminar on Monetary Theory and Monetary
Policy (Konstanz)
Discussant of: B.McCallum and E.Nelson “Targeting versus Instrument
Rules for Monetary Policy”.
2005 October 15 – Center for Financial Studies Conference: “New
Perspectives on Fiscal Sustainability” (University of
Frankfurt)
Discussant of: T. Stratmann and B. Akitoby “Fiscal
Policy and Financial Markets”.
2006 November 10 – Conference: “Europa Potenza Civile”
(Punto Europa, Forlì)
Mercato unico, Potenza civile e Mercato globale.
2007 January 26 - IZA-World Bank Workshop: The Informal Economy
and Informal Labor Markets in Developing, Transition and Emerging
Economies (Bertinoro, Italy)
Discussant of: J. Bennett and S. Levy “From Informal to Formal: The
Role of Capital Accumulation in Senegal”.
2007 March 16 – European Integration at the Crossroads –
International Conference from the Perspective of Political Science,
Economics and Law (Charles University, Prague)
One market, how many social models? Policy and performance
indicators for the EU-27.
2007 March 21 – Seminar, University of Strathclyde (Glasgow,
UK)
One market, how many social models? Policy and performance
indicators for the EU-27.
2007 May 31 – Seminar, Università di Bari
One market, how many social models? Policy and performance
indicators for the EU-27.
2007 June 23 – 16th AISSEC National Conference (Università di
Parma)
One market, how many social models? Policy and performance
indicators for the EU-27.
2007 June 26 – XIX Villa Mondragone International Economic
Seminar: “The Economic Future of Europe” (Università di Roma “Tor
Vergata”)
Competing Economic and Social Models in the Member States and EU
Economic Governance.
2007 October 5 – 6th Europaeum Workshop: “Modelling Economics
and Politics of European Integration” (Charles University,
Prague)
Labor Market Policies and Outcomes: Cross Country Evidence for the
EU-27 (with R.Bruno), and:
Discussant of: J. Kopecsni “Political Risk of Social Security:
Evidence from Reforms in Hungary and Czech R.”
2007 December 12. Università di Bologna: Dept. of
Economics Internal Seminar.
Labor market policies and outcomes: Cross country evidence
for the EU27 (with R.Bruno).
2008 April 4 - Johns Hopkins University-Bologna Center.
Workshop: “Obstinate or Obsolete? The Fate of the EU”.
Panelist on: Growth, Competitiveness, Employment.
2008 November 22- Iza Workshop: Analysis of Labor Market
Adjustment in Transition and Emerging Economies Using Large
Micro-Data Sets
Transition fatigue? Cross-country evidence from micro data
(with Anzelika Zaiceva).
2009 March 12 – CEPR, Fondazione Rodolfo Debenedetti, International Monetary Fund Workshop on: “Structural Reforms without Prejudice”(Università Bocconi, Milano)
Transition fatigue? Cross-country evidence from micro data (with Anzelika Zaiceva),
Discussant of: Alessandro Prati, Martin Schindler, Patricio Valenzuela “Who Benefits from Capital Account Liberalization? Evidence from Firm-Level Credit Ratings Data”
2009 April 3 - BOMOPA Economics Meetings 2009 (Università di Bologna):
Transition fatigue? Cross-country evidence from micro data (with Anzelika Zaiceva).
2009 April 17 - Istituto per l’Europa centro-orientale e balcanica - Round Table on: “The EU, Russia and the Global Crisis” 2009 (Università di Bologna - Forlì):
Discussant of: The Economic and Financial World Crisis.
2009 September – Università di Bologna: Dept. of Economics Internal Seminar
Support for Reforms in Post-Communist Countries: Democratization is not a Dinner Party (with R. Golinelli)
2009 October 7-8 - IZA Topic Week: “PE of Labor Market Reform in Transition and Emerging Economies”.
Support for Reforms in Post-Communist Countries: Democratization is not a Dinner Party (with R. Golinelli)
Discussant of: Ansgar Belke, Bernhard Herz, Lukas Vogel "Beyond Trade – Is Reform Effort Affected by the Exchange Rate Regime? A Panel Analysis for the World versus OECD Countries"
2009 November 7 - Johns Hopkins University-Bologna Center. Workshop: “Italian Politics 2009”.
Economic Policy in a Global Crisis: Did Italy Get It Right?
2010 May 13 – Università di Bologna: Dept. of Economics Internal Workshop
EU vs. Greece: Towards failure or success of collective action?
2010 June 21 – Università di Bologna. Presentation to the Delegation of the Chinese Academy of Social Sciences:
The international financial crisis, the recession and the euro crisis in 2010
2015 January 15 – Università di Bologna: Dept. of Economics Internal Seminar
The political economy of the euro
2015 October 14 – Università di Bologna: Dept. of Economics Internal Seminar
Labor market institutions and inflation differentials (with Gaetano D’Adamo)
2015 November 9 – University of Reading – Dept. of Economics. Seminar
Labor market institutions and inflation differentials (with Gaetano D’Adamo).
Update: January 2016.
