Extended Curriculum Vitae 


Macroeconomics, Fiscal and Monetary Policy, Firms' Dynamics, Macro-Labor, DSGE modelling


Current Positions

Senior Economist, Research Department, Dutch Central Bank, since 2016 

Associate Professor (part-time), Economics Department, University of Milano Bicocca, since 2014

Previous Positions

Economist, Research Department, Dutch Central Bank, October 2012-October 2016

Assistant Professor, Economics Department, University of Milano Bicocca, January 2008-October 2014

Economist, DG Research and Policy, Bank of Italy, July 2007-January 2008 

Short term Positions 

Economist (ECB/IO), DG Economics, European Central Bank, October 2021-October 2022

Economist (ECB/IO), DG Economics, European Central Bank, September 2015-December 2015


University of Milano-Bicocca, Ph.D., Economics, 2007.

University of Edinburgh, M.Sc., Economics, 2003

University of Milano-Bicocca, FINARM, Master in Finance and Risk Management, 2002

Universidad Pompeu Fabra, Barcelona, visiting Ph.D student, January -April 2004

University of Milano- Bicocca, B.A, Economics, 2001

University of Glasgow, Erasmus student, January -June 2001



Business Dynamism, Reallocation, and Productivity in a Pandemic, with Guido Ascari and Riccardo SilvestriniEuropean Economic Review, April 2023 

See SUERF policy brief No 238 for a summary of the main results and the policy implications of this paper

Monetary Policy, Productivity, and Market Concentration, with R. Silvestrini. Most recent Version

Accepted, European Economic Review, 2021. 

Central Bank Policies, Income and Wealth Inequality: a Survey (with A.Samarina and J. de Haan),

Journal of Economic Surveys, 2019, 33(4), 1199-1231   


Determinacy analysis in high order dynamic systems: the case of nominal rigidities and limited asset

market participation (with G. Ascari and L. Rossi). Economics Letters, 2017, Vol. 159, 82-87. 


Limited Asset Market Participation, Sticky Wages and Monetary Policy (with G.Ascari and L.

Rossi).  Economic Inquiry, 2017, Volume 55, 878-897  


Endogenous Market Structures and Optimal Taxation, The Economic Journal, 2016, Vol. 126 (594),



Firm Entry, endogenous markups and the dynamics of the labor share of income (with Lorenza

Rossi), Macroeconomic Dynamics, 2015, 19 (6), 1309-1331


The role of Financial Intermediaries in Monetary Policy Transmission (with Thorsten Beck and Damjan

Pfajfar), Journal of Economic Dynamics and Control, 2014, Vol 43, 1-11


Rule of thumb Consumers Meet Sticky Wages, Journal of Money Credit and Banking, 2011,  Vol. 43,



Endogenous Market Structures and the Business Cycle, (with Federico Etro), The Economic Journal,

2010, Vol. 120, 1201-1233


Real Business Cycle with Cournot Competition and Endogenous Entry, (with Federico Etro), Journal of

Macroeconomics, 2010, Vol. 32, 1101-1117


The role of Fiscal Policy in a Monetary Union: Are National Automatic Stabilizers Effective?

(with V. Anton Muscatelli, T. Ropele and P. Tirelli), Review of International Economics Vol 16(3), 2008



Structural Change, Job Creation and Cloud Computing, Capter VI in Broadband in Latin America:

beyond connectivity, Edited by V. Jordan, H. Galperin and W. Peres, United Nations, ECLAC (with

Federico Etro), 2013


Structural reforms and Endogenous Market Structures, 2018, Chapter IX in Structural Reforms-Moving the Economy Forward, Springer





Unemployment, Firm Dynamics, and the Business Cycle, 2020. DNB WP 695 (with Stefano Fasani and Lorenza Rossi)


Corporate taxes, Productivity, and Business Dynamism, DEMS WP 512. (with Vivien Lewis and Branka Matyska)


Reallocation, Productivity and Monetary Policy in an Energy Crisis ( with Romanos Priftis and Boris Chawefhe)

Under revision


Competition and Inequality, 2019, DEMS WP 398 (with Timo Haber and Rajssa Mechelli)


Who creates and Destroys Jobs Over the Business Cycle? (With A. Trigari and V. Lindenthal), 2019, DNB WP 628


Barriers to Entry and the Labor Market (with Marco Membretti)


Monetary Policy, Unemployment, and the Firm Size Distribution (with Guido Ascari and Marco Membretti)


Carbon Taxation and Structural Change (with Romanos Priftis and Boris Chawefhe)


  Distributive Implications of the Green Transition  (with Guido Ascari, Timo Haber, and Stefan Woehrmueller)