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

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

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


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


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


Business Dynamism, Reallocation, and Productivity in a Pandemic, with Guido Ascari and Riccardo Silvestrini, September 2021, DNB WP 725.

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

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

DNB WP 698.

Competition and Inequality (with Rajssa Mechelli), 2020, DNB WP 698.

Who creates and Destroys Jobs over the Business Cycle? (With Antonella Trigari and Volker Lindenthal), 2019, DNB WP 628


The Employment Effect of Corporate Tax Shocks (with Vivien Lewis and Branka Matyska)

Carbon Taxation, Monetary Policy and Productivity (with Romanos Profitis and Boris Chafwehe)