Macroeconomic Aspects

Alessia Campolmi
Associate Professor
Riccardo Fiorentini
Associate Professor
Research interests
Topic People Description
JEL F41 - Open Economy Macroeconomics Alessia Campolmi
Use of Dynamic Stochastic General Equilibrium (DSGE) Open Economy Models to analyse countries interactions. For example, those models are used to study if and how the transmission of fiscal and monetary policy changes from closed to open economy. Or if and how demand and supply shocks transmit from one country to another. Those studies can be conductd under several scenarios: small vs big country (as compared to the rest of the world), monetary union, fixed vs flexible exchange rates.
JEL F45 - Macroeconomic Issues of Monetary Unions Riccardo Fiorentini
Compared analysis of the European Monetary Union (EMU) with reference to the institutional ferature which differenciate EMU from ather historical experices of monetay union.Analysis of the role an enhaced Europa Union budget and supranational fiscal policy coud have in the stabilization of the Europan economy; analysis of the impact European fiscal rules (Growth and Stablity Pact, Fiscal Compact) on the post crisis European economy