Empirical decomposition of core inflation using metrics based on consumer expectations, supply shocks, aggregate demand dynamics, and climate change.

The theoretical implications drawn from my BRHANK model would be empirically tested using survey data (particularly the ECB Consumer Expectations Survey) and reduced-form VAR models (e.g. FAVAR, PVAR, SVAR, BVAR).

This paper introduces bounded rationality in the form of adaptive learning (AL) dynamics into a New Keynesian model with heterogeneous agents in a continuous-time setting. I developed a set of adaptive learning MATLAB routines to model a recursive least-square approach to solving heterogeneous-agent continuous-time (HACT) models under both AL and RE using a diffusion process to model productivity. Learning dynamics are instilled into the model by extending recent advances in the representative-agent adaptive learning literature in continuous-time to a heterogeneous-agent framework. The explicit usage of the Hamilton-Jacobi-Belmann (HJB) and Kolmogorov Forward equations (KF) as solution methods, creates a natural link to the Heterogeneous Agent New Keynesian (HANK) modeling environment. A continuous-time approach provides higher granularity regarding the distribution of key economic variables compared to discrete-time models. Results show important differences in the behaviors of optimal saving and consumption policy functions under AL and RE together with households’ surface functions intertwining savings, wealth and productivity. The initial state of the economy in terms of interest rate and borrowing constraint plays a material role in shaping consumption and savings patterns under AL. Aggregate and individual marginal propensities to consume have been defined under AL in this heterogeneous framework; future work will present the differences in the impulse response functions to a fiscal and monetary policy shock under bounded rationality vis-à-vis rational expectations. JEL Classification is C63, D31, D83, E12, E21, E52.

This paper aims to figure out the bank lending channel in the transmission of monetary policy, within a macroeconomic perspective, by focusing on heterogeneous quantities for the euro area. I use a VAR model with Bayesian shrinkage to assess the stability of financial intermediation from 2000 to 2014. I compare the impulse response functions with those of Christiano Motto Rostagno (2010) DSGE model (recalibrated to the EA). The evidence shows how an expansionary monetary policy will affect banks’ deposits and thus loans to result in fostering real economic activity. A counterfactual experiment regarding the ECB quantitative easing does conclude the investigation.

I will have the opportunity to present my latest research.

I have the opportunity to present the latest developments in my research.

I have the opportunity to present the latest developments in my research and discuss an interesting job market paper.

I will have the opportunity to present my latest research.

I had the opportunity to present my latest research.

Presenting my latest research.

I had the opportunity to present my latest research, discuss one interesting paper and chair a session on international spillovers for small open economies.

I had the opportunity to present this working project in various international fora.

I had the opportunity to showcase the robots I developed using Robotic Process Automation (RPA) technology.

Project Report of a course on advanced econometric methods. The instructor was Dr. Ruixuan Liu. Emory University, Fall 2020.

Project Report of a Machine learning course I took at Emory University in Spring 2020. The instructor was Dr. Babak Mahmoudi.

I had the opportunity to present the paper developed on the basis of my M.Sc’s thesis.

Discussion of my M.Sc’s thesis.

Joint work with Elsa Fornero on the project series titled “Behavioural Financial Regulation and Policy (BEFAIRLY)”. Paternalistic policies are not favouring gender equality, equal access to opportunity does. Education and financial literacy are crucial elements to making better and more informed decisions about your finances. Having the ability to administer your savings would increase the probability of becoming financially independent, which in turn is key to empowerment.

Quadrante Futuro, Centro di Ricerca e Documentazione Luigi Einaudi, Ersel, 2014, Torino, Italy. […] L’esistenza di ingenti depositi di shale nel sottosuolo americano rappresenta condizione necessaria ma non sufficiente all’ epifania della “rivoluzione grigia” dato che depositi di simile capacità sono presenti anche in altre nazioni. Un’intera decade caratterizzata da prezzi crescenti sia per il petrolio che per il gas, ha dato avvio al processo concorrenziale che si è concretizzato in innovazione; il ben noto processo “schumpeteriano” si sviluppa partendo da condizioni di mercato, dove gli alti prezzi incentivano la concorrenza che a sua volta innesca l’innovazione. L’innovatore di base è il giocatore che muove per primo, ma una schiera di innovatori seguaci (followers) si affrettano nel copiare il primo cercando di migliorare la nuova tecnologia in termini di efficienza. Se ci fermassimo qui, racconteremmo solo metà della storia, infatti l’ imprenditore schumpeteriano parte da una situazione di equilibrio, distrutta proprio dalla sua idea folgorante (i.e. innovazione di base) che apre le porte ad un periodo caratterizzato da uno shock positivo in termini innovativi che porta al raggiungimento di un nuovo trend, posto ad un più alto livello di innovazione tecnologica. Esattamente a questo punto, di disequilibrio, entra in scena un nuovo attore, l’imprenditore “kirzneriano”, abbastanza sensibile ed attento (il termine inglese è “alert”) da individuare opportunità di latente domanda insoddisfatta, che egli cerca di colmare atttraverso la sua idea luminosa, che si concretizza tramite un insieme di innovazioni incrementali, che sostengono e promuovono lo shock tecnologico prodotto dalla prima tipologia di imprenditore. Infatti la qualità delle istituzioni, la loro affidabilità ed una struttura di mercati finanziari efficienti capaci di fornire i fondi necessari al fine di rendere effettive le nuove idee imprenditoriali, sono caratteristiche essenziali per rendere un Paese fertile ed attraente per nuovi investimenti, scatenando così rivoluzioni economiche silenziose […]

I taught this course at Emory University in the summer of 2021. The course aims to give students a solid understanding of macroeconomic theory. While the primary focus will be on theory, we will look at data and evidence to help motivate theories and to assess competing ones. In order to be comfortable with the required empirical portion of the course, students should become familiar with a spreadsheet program like Microsoft Excel. If time allows, we will introduce some modeling techniques in MATLAB. Since an extremely important question is what, if anything, can policymakers do in order to improve individuals’ welfare, we will also evaluate the theoretical implications of different policies. We will also take a close look at the recent financial crisis, i.e. the 2007-2008 Global Financial Crisis, and ensuing recession.

I held a number of teaching assistantship positions at the Department of Economics of Emory University, Atlanta (GA), USA. (1) 2021 Spring - Stocks, Bonds and Financial Markets (Undergraduate level), Dr. Kelli Lanier; (2) 2021 Spring - Behavioral Economics (Undergraduate level), Dr. Kelli Lanier. (3) 2020 Fall - Intermediate Macroeconomics (Undergraduate level), Prof. Juan Rubio-Ramírez; (4) 2019 Spring - Industrial Organization (Undergraduate level), Prof. Maria Arbatskaya; (5) 2019 Spring - Business and Government (Undergraduate level), Prof. Maria Arbatskaya. I worked as a teaching assistant at the Department of Economics of the University of Turin, Turin, Italy. (6) 2015 Fall - Intermediate Macroeconomics (Undergraduate level), Prof. Elsa Fornero.

(1) 2023 - Research assistant to Prof. Elsa Fornero, University of Turin, CeRP, Collegio Carlo Alberto, Turin, Italy; (2) 2021 - Research assistant to Professor Elena Pesavento, Department of Economics of Emory University, Atlanta (GA), USA. (3) 2015 Spring - Research Assistant, Center for Research on Pensions and Welfare Policies (CeRP), Collegio Carlo Alberto, Turin, Italy.

I co-taught this course with Prof. Daniel Levy (also a mentor) at Emory University in the fall of 2020. We will review some mathematical tools and methods such as difference and differential equations used in PhD level courses in economics.

I co-taught this course with Prof. Daniel Levy (also a mentor) at Emory University in the summer of 2020. We will review some mathematical tools and methods used in PhD level courses in economics, business, public health, and related disciplines, with a focus on the methods of static analysis. Prerequisites are multivariate calculus and linear algebra. Textbooks (The books are optional but useful references). Simon, C.P. and L. Blume (1994), Mathematics for Economics (New York, NY W.W. Norton). Chiang, A.C. and K. Wainwright (2005), Fundamental Methods of Mathematical Economics, 4th Edition (New York, NY McGraw Hill). Apostol, T.M. (1981), Mathematical Analysis,2

Matteo’s lecture notes on Probability Theory and Statistical Inference (Graduate level, 1st year PhD, Prof. Pesavento)

Matteo’s lecture notes on Microeconomic Theory (Graduate level, 1st year PhD, Prof. Banerjee)

Coming back video: https://www.dropbox.com/scl/fi/nf25u3dyq07gcopawb05y/5f25681b-a3a0-426b-b5ff-eb1901e79f59.MP4?rlkey=fgctkplmnf7jox18m5rl0o6i3&dl=0

The Pilgrim’s Poem (written by my father) English The Pilgrim is respectful, is tired but doesn’t say it, is discrete, smiles but is not happy, has blisters but doesn’t complain, is always hungry, does not waste food, keeps it clean, would like to party but is too tired, dislikes tourists, travels alone but is happy when meeting new people.

The zodiac is a perfect application of two key statistical concepts, namely the law of large numbers (LLN) and the central limit theorem (CLT).

This is a brief description of my role model in terms of a well-rounded set of skills and qualities to have in a wide range of professional settings. Continuous learning and willingness to challenge the status quo can help me stay up to date on the latest developments in the field and be open to new ideas.

How to reach financial independence, experiencing minimalism and building solid human relationships?