Selected publications


"The Macroeconomics of Fiscal Consolidations in Euro area Countries"
         with Andrea Gerali e Massimiliano Pisani, Bank of Italy, December 2009. Forthcoming on Journal of Economic Dynamics and Control.
"Macroeconomic Effects of Greater Competition in the Service Sector: the Case of Italy"   (Press reviews of this paper)
         with Andrea Gerali e Massimiliano Pisani. Bank of Italy Working Paper n.706, March 2009. Forthcoming on Macroeconomic Dynamics.
"The General Equilibrium Effects of Fiscal Policy: Estimates for the Euro Area"     (Press reviews of this paper)
         with Libero Monteforte and Luca Sessa, July 2008. Journal of Public Economics 93 (2009) 559-585. Find here the previous version (Bank of Italy Working Paper n.652).
"Inflation Convengerce and Divergence within the European Monetary Union"
        with F. Busetti, A. Harvey and F. Venditti, International Journal of Central Banking, Vol. 3 n.2, 2007 (previously ECB Working Paper Series n. 574, 2006).
"Social Security as Markov Equilibrium in OLG models"
        Review of Economic Dynamics, Vol. 8 n.1, 2005.
"Cyclical Sensitivity of Fiscal Policies based on Real Time Data"
        with S. Momigliano, Applied Economics Quarterly, Vol. 50 n. 3, 2004 (previously Bank of Italy Working Paper n. 540, 2004).
"The Mismatch Between Life Insurance Holdings and Financial Vulnerabilities: Evidence from the Health and Retirement Study"
        with B.D. Bernheim, J. Gokhale and L.J. Kotlikoff, American Economic Review, Vol. 93 n.1, 2003.
"Funding a PAYG Pension System: the Case of Italy
        with R. Giordano, Fiscal Studies, December 2001. A previous version (in Spanish) of this paper has been published on Cuadernos Economicos, issue n. 65 edited by M. Boldrin on “Crisis y reformas de    los sistemas de seguridad social”, 1999.
"Dalla Ripartizione alla Capitalizzazione: una Transizione Possibile per il Sistema Pensionistico Italiano?
        Politica Economica 1/2001.
"Dalla Ripartizione alla Capitalizzazione: una Transizione Possibile per il Sistema Pensionistico Italiano? Commento
        Politica Economica 3/2001.
"How Much Should Americans Be Saving for Retirement?
        with B.D. Bernheim, J. Gokhale and L.J. Kotlikoff, American Economic Review, Vol. 90 n.2, 2000.
Working papers

"Fiscal policy in open economies: estimates for the Euro area"
         with M. Pisani, mimeo, Bank of Italy, June 2009.
"The Effectiveness of Fiscal Policy in the Euro Area: the Role of Coordination"
       with Massimiliano Pisani, mimeo, Bank of Italy, September 2009.
"Centralization of Wage Bargaining and the Unemployment Rate: Revisiting the Hump-shape Hypothesis"
        Bank of Italy Working Paper n. 493, 2004.
"Employment in the Public Sector"
        with R. Giordano, CESifo Working Paper n. 1085, November 2003.
Other papers

"An analysys of retirement expectations and realizations: evidence from the US Health and Retirement Survey
 

·         ”,      in Ricerche Quantitative per la Politica Economica, Bank of Italy, 2003.

"Alcune considerazioni sui provvedimenti recenti e sul dibattito in corso in tema di previdenza complementare
       Argomenti di Discussione CeRP n.3, 2003.
"An economic approach to setting retirement saving goals
 

·         h       with B.D. Bernheim, J. Gokhale and L.J. Kotlikoff, in “Innovation in Retirement Financing”, O. Mitchell, Z. Bodie, P.B. Hammond and S. Zeldes editor, University of Pennsylvania Press, 2002.

"¿Puede Italia financiar su sistema de seguridad social?
      with R. Giordano on Cuadernos Economicos, issue n. 65 edited by M. Boldrin on “Crisis y reformas de los sistemas de seguridad social”, 1999.
"Market based debt reduction agreements: a case study on Mexican and polish Brady bonds
      with L. Barbone, The World Bank Policy Research Working Paper Series n.1734, February 1997. Published on the International Journal of Finance and Economics, April 2001.