Publications

1) Assessing the impact of the ECB's monetary policy on the stock markets: A sectoral view, with Kholodilin, Konstantin,  Montagnoli, Alberto, Siliverstovs, Boriss,  Economics Letters, Elsevier, vol. 105(3), pages 211-213, December 2009.

2) Is the impact of the ECB Monetary Policy on EMU stock market returns asymmetric?, Studi Economici, 2009  Fascicolo: 97

3) Speculation and Monetary Policy Behaviour in 1992 Currency Crises: The Italian Case", with R.R. Canale and A. Montagnoli,  “International Economic Journal”, Korean International Economic Association, vol. 22(3), pages 285-297, 2008..

4) Spese in Infrastrutture e Crescita della Domanda Turistica: Il caso della Campania, with R. R. Canale, forthcoming su Rivista Novus Campus, Ires.

5) On Keynesian effects of (apparent) non-Keynesian fiscal policies, with Ugo Marani, R.R. Canale e P. Foresti, rivista di “Politica Economica”, no. 1, 2008.

6) Do fundamentals and credibility matter in a funded pension system? A Markov switching analysis for Australia and Iceland, with Mariangela Bonasia), “Brussels Economic Review” n.50(2)/2007.

7) "Are currency crises self-fulfilling? The case of Argentina" with  Virginie Boinet and Nicola Spagnolo,  “Review of Word Economics (Weltwirtschftliches Archiv)” , Vol. 141, No. 2, 2005.

8) “The Monetary Strategy of the ECB in the first three years: lights and shadows”, with Carlo Altavilla, in “Politica Internazionale”, no. 4-5/6, 2004.

9) “The Dynamics of Inflation in Turkey during the nineties”, with Alberto Montagnoli, “Applied Economics Letters”, Volume 10, Number 10 / 15 August 2003.  

10) “Efficiency and News in the Euro/Dollar Exchange Rate Market”, with R.R. Canale,  “Rassegna Economica Quaderni di Ricerca”, n. 9, Maggio 2002.

11) “Exchange Rate Policy in the Euro-11 Area and its effects on the Balance of Payment”, with U. Marani and R. R. Canale for the “European Commission” Direction II Economic and Financial Affairs, January 2000.  

12) “The  Unemployment in Italy in the Last Ten Years: Some Answers from a Rational Expectations Model” ,  “Studi Economici”, n. 73, 2000. 

13) “The performance of credibility and inflation in Italy in the last fifteen Years”, “Studi Economici”, n. 65, 1998/2.

Forthcoming

Under review/revision

1) Testing for the stability of Money Demand in Italy: has the Euro influenced the Monetary transmission Mechanism? with Salvatore Capasso, Applied Economics. Under review

2) The impact of Privatisation of Pension System on National Saving: the case of Australia and Iceland, with Mariangela Bonasia,  Applied Economic Quarterly. Under review.

3) Optimal Monetary Policy and the Asset Market: a Non-Cooperative game, with  Christos Ioannidis, European Journal of Comparative Studies. Under revision

4) The European Tme-Varying NAIRU and the Role of Monetary Policy, with Alberto Montagnoli, Economics Bulletin. Under review

5) Interest rates and convergence across Italian regions," with Dow, Sheila C. e Montagnoli, Alberto, Regional Studies. Under revision 

6) The recessive attitude of EMU policies and the remedies for the crises: reflections on the Italian experience within the last ten years, Eastern Economic Journal. Under review

In Progressi

The European Tme-Varying NAIRU and the Role of Monetary Policy , with Alberto Montagnoli.

Working Papers

1) “The exchange rate market efficiency and the risk premium: an empirical analysis on three exchange rates”, ESCR Research Centre on Micro-social Change, University of Essex, ECASS – European Centre for Analysis in the Social Science, working paper number 98/7.

2) “The efficiency hypothesis and the role of ‘news’ in the Euro/British pound exchange rate market: an empirical analysis using daily data”, ESCR Research Centre on Micro-social Change, University of Essex, ECASS – European Centre for Analysis in the Social Science, paper number 2000/8.

3)  "Efficiency and News in Exchange Rate Market. The Euro/Dollar Case", with R.R. Canale,  Brunel University Discussion Paper, n. 06 – 2001 

4) "Inflation Persistance and Credibility in Turkey During the Nineties", with Alberto Montagnoli, Brunel University Discussion Paper, no. 13- 2001

5)  "Efficiency and news in the euro/dollar exchange rate market”, with R.R. Canale, Brunel University Discussion Paper, n. 9, 2002.

6)  "Are currency crises self-fulfilling? The case of Argentina", with  Virginie Boinet and  Nicola Spagnolo, Brunel University Discussion Paper, n. 26- 2002.

7) "Optimal Monetary Policy and the Asset Market: a Non-Cooperative game", with  Christos Ioannidis, Brunel University Discussion Paper, n. 25- 2003.

8) "Financial Condition Index and Interest Rate Settings: a Comparative Analysis", with Alberto Montagnoli, Girpe Discussion Paper, n. 04-2004.

9) "Is the Impact of ECB Monetary Policy on EMU Stock Market Returns asymmetric?", DSE Working Paper, n. 03-2006.

10) "The impact of Privatisation of Pension System on National Saving: the case of Australia and Iceland", with Mariangela Bonasia, DSE - Discussion paper, n. 3-2006.

11) On Keynesian effects of (apparent) non-Keynesian fiscal policies, with Ugo Marani, R.R. Canale e P. Foresti MPRA Paper, University Library of Munich, Germany, 2007.

12) “The Role of Credibility and Fundamentals in a Funded Pension System : A Markov Switching Analysis for Australia and Iceland”, with Mariangela Bonasia, DIW Berlin, German Institute for Economic Research- Discussion paper, n. 756, 2007.

13) “Testing for the stability of Money Demand in Italy: has the Euro influenced the Monetary transmission Mechanism?” with Salvatore Capasso, DSE Working Paper, n. 03-2008.

14) "Interest rates and convergence across Italian regions," with Dow, Sheila C. and Montagnoli, Alberto,  Stirling Economics Discussion Papers 2009-13, University of Stirling, Department of Economics.

Books:                                                                                        

Ugo Marani and Oreste Napolitano are the Italian adapting authors of Macroeconomics, by R. Dornbusch, S. Fischer and R. Startz, Mcgraw-hill, 9th Edition

Politica economica. Teorie e politiche dell’Unione Europea, with Ugo Marani, Rosaria Rita Canale e Pasquale Foresti, Hoepli editor, Octobre 2008.

Referee:                                                                                        

Economic Modelling,   Bulletin of Economic research,   

Journal of Economics,   International Economic Journal,   

Applied Economics,   Manchester School,   

Scottish Journal of Political Economy,  International Applied Economics.