General resources for macro and financial economics. Giancarlo corsetti university of cambridge inet, october, 2017. Monetary policy and selffulfilling debt crisis with luca dedola. Professor giancarlo corsetti is professor of macroeconomics at the faculty of. Tarek hassan and rui mano, forward and spot exchange rates in a multicurrency world the quarterly journal of economics. Not only is the book valuable as an encyclopedic reference book for researchers but is an excellent choice for a textbook on economic dynamics. A theory of currency crises with large and small traders, cowles foundation discussion papers 1273, cowles foundation for research in economics, yale university. Giancarlo corsetti born 1960 is an italian macroeconomist and professor of macroeconomics. The case of spain may 2018 bayer, kim, kriwoluzky, the term structure of redomination risk may 2018 gourinchas, martin, messer, the economics of sovereign debt, bailouts and the eurozone crisis may 2018 dolado, motyovszki, pappa, monetary policy and inequality under labor market frictions and capitalskill. Annual report on the european economy, munich, cesifo, 2004 type. Using a panel of oecd countries, we identify fiscal shocks as residuals from an estimated spending rule and trace their macroeconomic impact under different conditions regarding the exchange rate regime, public.
Giancarlo corsetti cowles foundation for research in economics. A case study of finland, with giancarlo corsetti, finnish economic papers, spring 1996. Macroeconomics of international price discrimination. This volume contains two major papers prepared for the bank of englands tercentenary symposium in june 1994. The simple geometry of transmission and stabilization in closed. Giancarlo corsetti institute for new economic thinking. Life in the eurozone with or without sovereign default. Voxeu ecollection edited by g corsetti, 2012 life in the eurozone, with or without default, carletti, e. Users who downloaded this paper also downloaded these. Anil ari is an economist in the research department of the imf. Official lending strategies during the euro area crisis, giancarlo corsetti aitor erce and timothy uy, cepr dp 12228, september 2017, download the dataset the mystery of the printing press. His research expertise is international economics and open economy macroeconomics.
His main contributions to the literature include models. Institute for new economic thinking inet the cambridgeinet institute coordinator for transmission mechanisms and economic policy research theme. Giancarlo corsetti is professor of economics at cambridge university. Corsetti has previously taught at the european university institute in florence. Professors giancarlo corsetti, david howarth and maurice obstfeld share their thoughts on keyness economic consequences of the peace in its centenary year. Williams optical monetary policy in open economics giancarlo corsetti, luca dedola, and sylvain leduc constraints on monetary policy. Calomiris youssef cassis mitu gulati martin hellwig janet kersnar ramon marimon wolfgang munchau erik f. The book nber international seminar on macroeconomics 2007, volume 4, edited by richard h. Economic research for european policy challenges cambridge. Giancarlo corsetti faculty of economics cambridge university sidgwick avenue cb3 9dd cambridge, cambs united kingdom.
International dimensions of optimal monetary policy, journal of monetary economics, elsevier, vol. Poeschl, zhang, housing, financial crises and macroprudential regulation. With giancarlo corsetti, nouriel roubini and cedric tille journal of international economics, 51, 1, june 2000, pp. Yale, 1992 is professor of macroeconomics at cambridge university, fellow of clare college and director of the cambridge inet institute. Giancarlo corsetti, amil dasgupta, stephen morris, hyun song shin, does one soros make a difference. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries. Financial markets and european monetary cooperation.
Rubric the euro area has been performing poorly relative to other regions in. Giancarlo corsetti on debt dynamics economicdynamics newsletter, 2016, 17, 1 the mystery of the printing press. He previously held the pierre werner chair at the european university institute in florence, and taught at the universities of rome iii, yale and bologna. Official lending strategies during the euro area crisis, giancarlo corsetti aitor erce and timothy uy. Debt sustainability and the terms of official support, giancarlo corsetti aitor erce and timothy uy, revised november 2019 cepr dp 292, november 2018. He is best known in academia for his work on open economy macroeconomics and international economics. The mit press is a leading publisher of books and journals at the intersection of science, technology, and the arts. Covid19 crisis, the dollar, and capital flows vox, cepr. Giancarlo corsetti is professor of macroeconomics and fellow of clare college at the university of cambridge. As of march 2017, the ideasrepec overall ranking put him as the most influential economist at cambridge university. The event, which was held at the eui in florence, italy, on 14 april 2011, was financed by the pegged project politics, economics and global governance. Dealing with debt giancarlo corsetti, lars p feld, philip r. Macroeconomics of international price discrimination discussion paper centre for economic policy research giancarlo corsetti on. It traces the development of both the monetary and financial stability concerns of central banks, and includes individual sections on the evolution.
Edited by franklin allen elena carletti giancarlo corsetti with a foreword by josep borrell fontelles authors edmond alphandery arnoud w. Professor giancarlo corsetti is professor of macroeconomics at the faculty of economics, university of cambridge. Giancarlo corsetti is an italian macroeconomist and professor of macroeconomics at cambridge university, fellow of clare college and the director of the cambridge institute for new economic thinking. A case study of finland, with giancarlo corsetti, finnish economic papers, spring. It is chaired by giancarlo corsetti european university institute, florence and includes lars calmfors university of stockholm. There are no booksreports authored by giancarlo corsetti. If youd like to invite me to give a talk but cant pay the flight from brazil, please get in touch, i might be able to pay the ticket to the u.
The volume of capital flows between industrial and developing countries has grown dramatically in the past decade and has become a major issue in a world that is increasingly globalized. Publications projects european university institute. Suggestions for the scope and use of preanalysis plans for rcts in economics. The eeag consists of a team of eight economists from seven european countries. Krueger, two leading experts on this topic, have assembled a group of scholars who address different types of capital flowsbank lending, bonds, direct foreign investment. Proost, jacquesfrancois thisse, charles brendon, giancarlo. Fiscal and monetary policies after the crises chapter 10. Book chapter full text access chapter 21 monetary policy regimes and economic performance. Traded and nontraded goods prices, and international risk sharing. Filmed in keyness quarters in kings college cambridge. Monetary policy and selffulfilling debt crises journal of the european economic association, 2016, 14, 6, 2971 view citations 37. The european dimension and a sloan foundation grant to the fic. Welfare and macroeconomic interdependence by giancarlo. Now or never for global leadership on covid19 peter macdiarmidgetty images.
An empirical investigation, nber international seminar on macroeconomics, university of chicago press, vol. The european university institute eui and the wharton financial institution center fic organized a conference entitled life in the eurozone with or without sovereign default. This fourth edition of gandolfo s masterful book on economic dynamics is the premier source on dynamic mathematical tools for economists, with illustrations from many areas of current economic research. Prof corsettis lecture topic will be debt and macroeconomic stabilization.
Handbook of monetary economics vol 3, pages 31520, i1i77. In 2008, in response to the onset of the global financial crisis, cepr launched a series of ebooks through its policy portal. Contact us cookies privacy policy terms and conditions. Principles of macroeconomics 7th edition by karl e. Booksreports by giancarlo corsetti, cambridge university. I am an applied theorist, mostly specializing in the development of models for analysis of economic fluctuations and policy questions. Professor giancarlo corsetti will deliver the 2019 federico caffe lecture at sapienza university of rome on 18th and 19th december 2019. Professor of macroeconomics, university of cambridge giancarlo corsetti is professor of macroeconomics and fellow of clare college at the university of cambridge. Countryspecific and systemic issues princeton studies in international economics willem h. Nouriel roubini nyu stern school of business fulltime. Giancarlo corsetti is professor of macroeconomics and fellow of clare college. International dimensions of optimal monetary policy giancarlo corsetti, paolo pesenti.
He has written two textbook chapters on optimal policies in open economy that are widely circulated, one on. Faculty of economics cambridge university sidgwick avenue cb3 9dd cambridge, cambs united kingdom tel. Prentice hall it continues to use stories, graphs, and equations and a unified and logical organization that make economic concepts easytounderstand and relevant to all readers. Openness and the case for flexible exchange rates, research in economics, 2006, 60 pp 121. Clarida and francesco giavazzi is published by university of chicago press journals. Giancarlo corsetti national bureau of economic research. Budget deficits, public sector solvency and political biases in fiscal policy. Lane, lucrezia reichlin, helene rey, dimitri vayanos, beatrice weder di mauro. It is a mustread for anyone wishing to understand, in depth, the key role played by central banks in the modern economy. International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. His first academic appointment was at columbia in 1984, after which he held positions at the university of chicago and princeton university, before returning to columbia in 2004. The euro homepage maintained by giancarlo corsetti department of economics, yale university, new. Giancarlo corsetti, professor of macroeconomics, cambridge university straccas book provides a rigorous, but accessible, introduction to the economics of central banking in its different dimensions.
Optical monetary policy stephanie schmittgroh and martin uribe optimal monetary stabilization policy michael woodford simple and robust rules for monetary policy john b. Macroeconomics books for college,university students,academic. Discussion of international competitiveness and monetary policy, by paul r. Academic journal article brookings papers on economic activity stability, asymmetry, and discontinuity. Macro and financial economics websites with a focus on the u. If treated as a single economy, the european union is the largest in the world, with an estimated gdp of over 14 trillion euros. The two day lecture series is modelled on the marshall lectures, held annually at the faculty of economics, university of cambridge. Michael woodford is the john bates clark professor of political economy at columbia university. The first, by forrest capie, charles goodhart and norbert schnadt, provides an authoritative account of the evolution of central banking.
Nber international seminar on macroeconomics 2007, volume 4. Books recent books earlier books by decade browse books by series. Giancarlo corsetti cowles foundation for research in. Corsetti, giancarlo, paolo pesenti, nouriel roubini and cedric tille. Despite its size, european economic policy has often lagged behind the rest of the world in its ability to generate growth and innovation. Evidence on the fiscal multiplier from a quasiexperiment, csef working papers 281, centre for studies in economics and finance csef, university of naples, italy, revised 04 feb 20. International dimensions of optimal monetary policy. The lessons of the 199293 exchange rate mechanism crisis japanus center ufj bank monographs on international financial markets buiter, willem h. The largest capital outflows ever recorded from the emerging markets coming back to the current covid19 crisis, while the scale of the dollar appreciation to date is not as large as in 2007, the associated capital outflows from ems, week on week, are many times larger than at the peak of the gfc. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries, including trade, investment and transaction. His research interests are in macroeconomics, international finance, monetary economics and banking. The ebooks, written by worldleading economists, practitioners and specialists, are produced rapidly and designed to shed light on the problems that have emerged as a result of the crisis and to provide expert advice and guidance for. Economic consequences of the peace centenary conference. A rogue economist explores the hidden side of everything by steven d.
His main fields of interest are international economics and openeconomy macro. International finance and macroeconomics program this paper provides a baseline generalequilibrium model of optimal monetary policy among interdependent economies, with monopolistic firms that set prices one period in advance. Handbook of monetary economics vol 3, pages 31520, i1. Barcellan, roberto, contrib economics without borders. A new empirical framework and evidence on exporters from china, giancarlo corsetti, meredith crowley, lu han and huasheng song, july 2019.