Guido Ascari
+39 0382/986211 
+39 0382/986228
guido <dot> ascari <at> unipv <dot> it

AVVISI

A partire dal primo settembre 2012, sono in anno sabbatico per motivi di ricerca presso l'Università di Oxford, UK. Se avete domande sul corso di Macroeconomia e sull'iscrizione all'esame consultare prima la pagina web del corso. Per ulteriori chiarimenti che riguardano l'insegnamento di Macroeconomia si prega di rivolgersi al Prof. Alessandro Flamini. 

 Starting from the 1st of September 2012, I am on leave at  the Department of Economics, University of Oxford, UK. You can contact me through the usual unipv email address above

Se avete domande sul corso di Macroeconomia e sull'iscrizione all'esame consultare prima la pagina web del corso

 

 


Curriculum vitae

1993, graduated, University of Pavia
1995, M. Sc. Economics, Warwick University, UK
1997, Dottorato di Ricerca in Economics at the University of Pavia
1999, Ph.D. in Economics, University of Warwick, UK
1998-99, Jean Monnet Fellow, European University Institute, Florence
1999- 2001, Lecturer, Department of Economics, University of Pavia
2001-2007, Associate Professor, Department of Economics, University of Pavia
2007- Professor of Economics, Department of Economics, University of Pavia (on leave from Septmber 2013)
September 2013 - Senior Fellow, Department of Economics, University of Oxford


First term 1997-1998, Visiting Scholar, Department of Economics, University of Paris I - Sorbonne
Summer 1999, Visiting Scholar, Department of Economics, University of Warwick
First term 2000-2001, Visiting Professor, Department of Economics, Universidad Carlos III, Madrid
June 2003: Visiting Professor, University of Warwick (PhD course on simulation methods)
August 2003: Visiting Scholar Research Department of the Finnish Central Bank
February 2006: Visiting Professor, University of York (PhD course on simulation methods)
June-July 2006 and 2007: Visiting Professor, University of Kiel and Kiel Institute for the World Economy (PhD course on SDGE models in Monetary Economics)
May 2007: Visiting Professor, Université d'Evry-Val-d'Essonne
July 2008: Visiting Scholar, Federal Reserve Bank of New York
Autumn 2008: Visiting Professor, Banque de France.
June 2009: Visiting Professor, University of York (PhD course on simulation methods)
April-May 2012: visitng Professor Goethe University in Frankfurt and at the Bundesbank
September 2012 -August 2013: Visitng Professor, University of Oxford (on sabbatical leave from Pavia)

 

Seminars in many national and international institutions and universities as, European Central Bank, Dutch, Englsih, Finnish, and Spanish Central Bank, Birkbeck College, CEPREMAP, EUI, Kiel Institute for the World Economy, University of Helsinki, Lugano, Paris I - Sorbona, Warwick, York. Associate Editor of the Finnish Economic Papers. Referee for American Economic Review, Economica, The Economic Journal, JEEA, JEDC, JMCB, JME, International Journal of Central Banking, Macroeconomic Dynamics, Review of Econmic Dynamics, Scandinavian Journal of Economics and others. Member of the American Economic Association, European Economic Association and EACBN fellow.

Curriculm Vitae

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Research interests
Macroeconomics, Monetary Economics, Nominal Rigidities and Dynamic General Equilibrium Models.
Current research projects
Sticky Price Models of the Business Cycle, Inflation Dynamics, Monetary Policy, Football Economics.
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Publications

Macroeconomics, Monetary Economics

Deflazione, Disinflazione e Modelli a Salari Sovrapposti, 1997, Il Giornale degli Economisti ed Annali di Economia, 56, 235-273.

Sintesi della Tesi: Un Modello Dinamico con Agenti Ottimizzanti e Salari Sovrapposti, PREMIO SIE 1997, Rivista Italiana degli Economisti, 1997/3, 464-468..

Superneutrality of Money in Staggered Wage-setting Models, 1998, Macroeconomic Dynamics , 2, 383-400.

Optimising Agents, Staggered Wages and the Persistence in the Real Effects of Money Shocks, 2000, The Economic Journal, 110, 664-686.

Staggered Wages and Output Dynamics under Disinflation, 2001, with N. Rankin, Journal of Economic Dynamics And Control, 26 (4), 653-680.

Price/Wage Staggering and Persistence: a Unifying Framework, 2003, The Journal of Economic Surveys, 17 (4), 511-540.

Staggered Prices and Trend Inflation: Some Nuisances, 2004, Review of Economic Dynamics ,7, 642-667. Technical Appendix.

Relative Wage Concern: The Missing Piece in the Contract Multiplier?, 2004, with J.A. Garcia, Research in Economics, 58, 343-369.

Perpetual Youth and Endogenous Labour Supply: A Problem and a Possile Solution, with N. Rankin, 2007, Journal of Macroeconomics, 29, 708-723. (Also, European Central bank wp 346, April 2004, Quaderni di Dipartimento #159 (01-04), Dipartimento di Economia Politica e Metodi Quantitativi,  Universita' degli studi di Pavia, in press in )

Optimal Monetary Policy Under Low Trend Inflation, with T. Ropele, 2007, Journal of Monetary Economics, 54, 2568-2583. Longer previous working paper version available as: The Optimal Stability-Oriented Monetary Policy: Optimal Monetary Policy Under Low Trend Inflation, with T. Ropele, Quaderni di Dipartimento #167 (05-04), Dipartimento di Economia Politica e Metodi Quantitativi,  Universita' degli studi di Pavia.

Optimal Simple Rules and the Lower Bound on the Nominal Interest Rate in the Christiano-Eichenbaum-Evans model of the U.S. Business Cycle, with N. Branzoli, 2007, Portuguese Economic Journal, 6, 117-131.

Real Wage Rigidities and the Cost of Disinflations , with C. Merkl, 2009, The Journal of Money, Credit and Banking , 41 (2), 417-435.

Trend Inflation, Taylor Principle and Indeterminacy, with T. Ropele, 2009, The Journal of Money, Credit and Banking, 41(8), 1557-1584.  AppendixFinal Version.

The Long-run Optimal Degree of Indexation in the New Keynesian Model models with price staggering à la Calvo, with N. Branzoli, 2010, Economics Bulletin, Vol. 30 no.1 pp. 482-493.

 Il modello Neo-Keynesiano, politica monetaria e dinamica dell'inflazione. Perchè l'inflazione è persistente?, saggio ad invito per la Rivista di Politica Economica, 2009, no.1, pp. 23-63.

Real Wage Rigidities and Disinflation Dynamics: Calvo vs. Rotemberg Pricing, with L. Rossi, 2011,  Economics Letters, Vol. 110, no. 2, pp. 126-131.

Calvo vs. Rotemberg in a Trend Inflation World: An Empirical Investigation, with E. Castelnuovo and L. Rossi, 2011, Journal of Economic Dynamics And Control, Vol. 35 (11), 1852-1867. Appendix, DOI: 10.1016/j.jedc.2011.06.002

Macroeconomic Models: Better Horses for Thougher Courses, The Manchester School, Supplement 2011, 17-20, DOI: 10.1111/j.1467-9957.2011.02265.x. From a round table on the Future of Macroeconomics at the 2010 Annual Conference of the Money, Macroeconomics and Finance (MMF) Research Group, Limassol, 2 September 2010. Panelists: Hashem Pesaran (University of Cambridge), Guido Ascari (University of Pavia), Marcus Miller (University of Warwick) and Richard Werner (University of Southampton)

Regional Patterns of Inflation Persistence in Italy, with A.Vaona, 2012,  Regional Studies,  Vol. 46, No. 4, pp. 509-523. DOI: http://rsa.informaworld.com/10.1080/00343404.2010.505913. Link to wp version.

Sacrifice ratio in a medium-scale New Keynesian model, with T. Ropele, 2012, The Journal of Money, Credit and Banking, Vol. 44, no. 3, pp. 457-467. Link to working paper version.

Disinflation in a DSGE Perspective: Sacrifice Ratio or Welfare Gain Ratio?, with T. Ropele, 2012, Journal of Economic Dynamics And Control, Vol. 36,  pp. 169-182. doi:10.1016/j.jedc.2011.11.001 . Link to working paper version

Trend Inflation and Firms Price-Setting: Rotemberg vs. Calvo, with L. Rossi, forthcoming in the The Economic Journal,  DOI: 10.1111/j.1468-0297.2012.02517.x, previous version titled: Trend Inflation, Non-linearities and Firms Price-Setting: Rotemberg vs. Calvo,  April 10.

The Effectiveness of Government Debt for Demand Management: Sensitivity to Monetary Policy Rules, with N. Rankin, new version November 2010, paper previously circulated as Taylor Rules Cause Fiscal Policy Ineffectiveness, with N. Rankin, April 08, forthcoming in the Journal of Economic Dynamics and Control

Implementing disinflations in a medium-scale dynamic general equilibrium model: money supply vis-à-vis interest rate rules, with T. Ropele, July 2010.   New version, May 2011, forthcoming in the European Economic Review

Fat-Tail Distributions and Business-Cycle Models. with G. Fagiolo and A. Roventini, 2012, Quaderni di Dipartimento #157 (1-12), Dipartimento di Economia Politica e Metodi Quantitativi,  Universita' degli studi di Pavia., forthcoming Macroeconomic Dynamics, doi:10.1017/S1365100513000473.

 

Football Economics

The Financial Crisis in Spanish Football, with P. Gagnepain, 2006, The Journal of Sport Economics, 7, 76-89.

Evaluating Rent Dissipation in the Spanish Football Industry, with P. Gagnepain, 2007, The Journal of Sport Economics, 8, 468-490.

Miscellaneous

Determinants of Total Factor Productivity in the Italian Regions, with Valeria Di Cosmo, Scienze Regionali/Italian Journal of Regional Science, Vol. 4, 2, 2005, 27-49. Per questa ricerca Valeria ha vinto il Premio di Laurea “Giorgio Leonardi”, offerto dalla Società Italiana di Scienze Regionali ed il Premio Sapio 2004 per la Ricerca Italiana.

Taxing a Monopolist, with P. Bertoletti and M. Menegatti, 2005, Research in Economics, 59, 321-334.

Recent Working Papers

An Investigation on the Source of Inflation Persistence, with J.A. Garcia, Quaderni di Dipartimento #113 (4-00), Dipartimento di economia politica e metodi quantitativi,  Universita' degli studi di Pavia.

Forecasting inflation: a comparison of linear Phillips curve models and nonlinear time serie models, with E. Marrrocu, July 2003, Working Paper. CRENoS.

 Limited Asset Market Participation: Does it Really Matter for Monetary Policy?, with A. Colciago and L. Rossi, October 2010.  New version, Appendix, June 2011

Inflation persistence, Price Indexation and Optimal Simple Interest Rate Rules, with N. Branzoli, new version November 2010, paper previously circulated as Price Indexation and Optimal Simple Rules in a Medium Scale New Keynesian Model , with N. Branzoli, new version. version January 2010.

  Trend Inflation, Wage Indexation, and Determinacy in the U.S., with N. Branzoli and E. Castelnuovo, October 2011, Quaderni di Dipartimento #276 (10-11), Dipartimento di Economia Politica e Metodi Quantitativi,  Universita' degli studi di Pavia.

 Transparency, Expectations Anchoring and the Inflation Target, with A. Florio, 2012, Department of Economics and Management Working Paper Series #22 (11-12) 

Boom and Burst in Housing Market with Heterogeneous Agents, with A. Spelta and N. Pecora, Department of Economics and Management Working Paper Series #36 (3-13), University of Pavia.

The Macroeconomics of Trend Inflation, 2013, with A. Sbordone, Federal Reserve Bank of New York Staff Report No. 628,  Department of Economics and Management Working Paper Series #53 (10-13)

 

Articoli divulgativi

La presunta follia dell'industria del calcio, www.lavoce.info, 27/08/2002
Un'Authority per la politica fiscale, www.lavoce.info, 04/09/2003
E la chiamano crisi, www.lavoce.info, 23/03/2004
Le soluzioni in campo, www.lavoce.info, 30/03/2004
Nostalgia e moralismo non servono, www.lavoce.info, 18/05/2006
Quanta disinformazione sul nuovo Tfr, www.lavoce.info, con Mattia Barosi e Antonio Majocchi, 19/10/2006
Quando la teoria è di rigore , www.lavoce.info, 05/04/2007
Oltre la soluzione svedese , www.lavoce.info, 31/03/2009...scarica qui la versione lunga dell'articolo
E la Banca Centrale va in territori inesplorati , www.lavoce.info, 17/04/2009
Per un pugno d'interessi, , www.lavoce.info, 27/11/2012

Dal 2005 al 2008 rubrica di approfondimento Homo Economicus sul giornale settimanale Il Ticino

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 Past and Forthcoming Conferences at UNIPV

 

 

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