Michele Fratianni

 

CIBER Eminent Faculty Fellow, Indiana University, Kelley School of Business

Professor of Economics, Università Politecnica delle Marche, Ancona (IT)

Updated: August, 2007

 

 

 

 

Michele Fratianni at his retirement dinner, Indiana University Foundation, Bloomington, Indiana, April 8, 2006.

 

 

PERSONAL

 

            US Address:               

                            Kelley School of Business

                            Indiana University

                            Bloomington, IN 47405, USA

            Telephone:                   1-8l2-855‑9219

            Fax                              1-812-855-9006

            E-mail                          fratiann@indiana.eduMarche

                            Dipartimento di Economia

                            Piazzale Martelli, 8

                            60121 Ancona, Italy

            Telephone:                   39-071-2207120

            E-mail                          m.fratianni@univpm.it

 

EDUCATION

 

              Ohio State University, B.A., 1967

               Ohio State University, M.A. in economics, 1967

               Ohio State University, Ph.D.     in economics, 1971

 

 

HONORS, FELLOWSHIPS AND GRANTS

 

§        Honorary Citizenship of Ferrazzano, Italy, August 2005

§        W. George Pinnell Professor of Business Economics and Public Policy, 1998-2006

§        AMOCO Faculty Fellow, 1993 - 1998

§        IGIER (Milan) Visiting Fellow, June, 1994

§        British Academy Visiting Professor, May, 1994

§        University of California, Berkeley, Center for German and European     

§        Studies (1991-92 Grant on Political Economy of European Integration)

§        Mont Pelerin Society, member since 1992

§        St. Vincent Prize in Economics, 1992

§        University of California, Berkeley, Center for German and European Studies (1993-94 Grant on Political Economy of European Integration)

§        Fondo Interbancario di Tutela dei Depositi, Rome (1993 Summer Fellowship)

§        Scanno Prize in Economics, 1991

§        Fellow of the Indiana Center for Global Business, 1989.

§        Fulbright Senior Research Fellow, 1985‑1986.

§        Indiana University Special Research Fellow, 1985‑1986.

§        Ufficiale della Repubblica italiana (1982)

§        Gold Medal of the Pio Manzú Center (l982)

§        Medal of the President of the Italian Republic for scientific achievements (l982)

§        Beta Gamma Sigma

§        Program committee of the Western Economic Association, l973

§        International Business Research Institute (Summer l973)

§        Comitato Nazionale delle Ricerche (l972)

§        International Business Research Institute (Summer l972)

§        International Business Research Institute (Summer l97l)

§        Ente per gli Studi Monetari Bancari Finanziari Luigi Einaudi (Fall, l970)

§        The Mershon Graduate Fellowship (l967‑68, l968‑69, l969‑70)

§        The Ohio State University Scholarship (l966)

§        Rapid American McCrory Foundation Scholarship (l965)

§        Phi Beta Kappa Society, Epsilon of Ohio

 

INTERNATIONAL EXPERIENCE

 

1997-present: Member of the Scientific Board of Nemetria of Foligno (Italy), an educational not-for-profit organization.  Developed and directed Master of Finance programs --consisting of 800 contact hours of graduate-level banking and finance—and much of its executive education activities.

 

               2002: Faculty of the Master of Finance at the University of Brescia, Italy.    

               2001: Director of the IU Kelley School of Business Program at the University of Maastricht, the Netherlands, January-April.     

 

               1999: President of UniversEd, LLC, a company specializing in executive educational programs worldwide.

 

1998: Executive education for financial analysts preparing for the CFA (Certified Financial Analyst) exam, Catholic University of Milano (Italy).

 

1997: Executive education for financial analysts preparing for the CFA (Certified Financial Analyst) exam, Italian Stock Exchange in Milano (Italy)   Developed and directed two educational programs, one for NEMETRIA in Foligno (Italy) and the other for the Italian Stock Exchange in Milano (Italy). The Foligno program consists of 800 contact hours of graduate-level banking and finance. The course starts in January and ends in August and aims at placing Italian university graduates in top financial institution. The Milan program aims at preparing participants for the Certified Financial Analyst exam.

 

1996: Adviser to Government of Vietnam on banking system reform. Lectures and advising on specific topics were given to the State Bank of Vietnam, Vietnamese Banking Association, and Advisory Group to the Prime Minister. My work was funded by the Deutsche Gesellshaft für Technische Zusammenarbeit (GTZ) GmbH.

 

1994: Project Director, Ryazan Partnership for Management Training, a series of intensive courses for Russian banking executives in Ryazan, Russia. The goals were to offer a basic and broad understanding of the economic functions of a competitive banker and the fundamental tools of bank management, and to find practical solutions for improving the banking and financial system in the Ryazan region.

 

1993: Advisor to Italy's Minister of Industry on issues of privatizations; member of the “Committee on Prices and Markets” (Commissione per l'osservazione dei prezzi e dei mercati); advisor to Fondo Interbancario di Tutela dei Depositi, Rome (Interbank Fund for Deposit insurance) on matters of deposit insurance.

 

1991-92: International Baltic Economic Commission. Headed the Monetary and Fiscal Policy Committee and developed the Baltic Banking Program for bankers and government officials from Estonia, Latvia and Lithuania in cooperation with the Hudson Institute. Continued delivery of the program was terminated when each of the three Baltic countries decided to establish its own currency and two-tier banking system.

 

1986: Advisor to the Italian Ministry of the Treasury. I prepared the material and argued the case of Italy's credit rating with Standard and Poors.

 

1981-82: President's Council of Economic Advisers. One of my duties was to represent CEA at the IMF, World Bank and OECD. I attended regularly WP-2 and WP-3 meetings in Paris.

 

1980: Advisor to the Italian Minister of the Budget on issues of macroeconomic policy and infrastructure project financing.

 

1976-79: Commission of the European Communities, Brussels. I was economic adviser in DG-II, the Director General for Economic and Financial Affairs. My duties included plan preparation for monetary integration in the Community, the construction of the European Monetary System, and ad-hoc assignments such as the loan agreement between the Community and Italy.

 

various years: advisor and consultant to Banca Nazionale dell' Agricoltura, Rome; Istituto Bancario S. Paolo, Turin; Fondigest, Milan; Confindustria, Rome; Banque Bruxelles-Lambert, Brussels; Booz‑Allen and Hamilton, New York; Center for Economics and Policy Studies, Turin; Argus Research Corporation, Rome; Bank of Italy, Rome.


TEACHING AND RESEARCH POSITIONS

 

 

§         Professor of Economics, Università Politecnica delle Marche, Ancona (Italy), since September, 2006

 

§         CIBER Eminent Faculty Fellow, Kelley School of Business, Indiana University, since January 2007

 

§         Visiting Scholar, Banca d’Italia, Rome, September-December 2003

 

§         W. George Pinnell Professor of Business Economics and Public Policy, Indiana University, Bloomington, 1998 to June, 2006.

 

§         Chair, Business Economics and Public Policy, Indiana University, Bloomington, August 1997 to June, 2006.

 

§         AMOCO Faculty Fellow of Business Economics and Public Policy, Indiana University, Bloomington, July 1993 to December 1997.

 

§         Visiting Professor of Economics, Katholieke Universiteit te Leuven, Belgium, Second Semester l973/74 to 1991.

 

§         Allis-Chalmers Distinguished Professor of International Economics, Marquette University, Milwaukee, Spring, 1995.

 

§         Bundesbank Professor of International Monetary Economics, Free University of Berlin, Apr-July, 1995.

 

§         Professor of Business Economics and Public Policy, Indiana University, Bloomington, Aug l979 - July 1993.

 

§         Visiting Professor, University of Rome <<La Sapienza>>, 1991.

 

§         Visiting Professor of Economics, Catholic University of Milan, 1985 - 1986.

 

§         Senior Staff Economist, Council of Economic Advisers, Aug l98l ‑ July l982.

 

§         Economic Adviser to the Commission of the European Communities, Brussels, May l976 ‑ May l979.

 

§         Associate Professor of Business Economics and Public Policy, Indiana University, July l975 ‑ May l976.

 

§         Assistant Professor of Business Economics and Public Policy, Indiana University, Feb l97l ‑ July l975.

 

 

PROFESSIONAL ACTIVITIES

 

§         Advisor to Italian Minister of Industry, 1993.

 

§         NEMETRIA Banking and Finance School, Foligno, Italy.

 

§         Advisor to Fondo Interbancario di Tutela dei Depositi (Interbank Fund for Deposit insurance), Rome, 1993.

 

§         Founding member of the Italian International Economic Center, Rome, since 1988.

 

§         Advisor to the Italian Ministry of the Treasury, 1986.

 

§         Advisor to Tecnovalori (Mutual Fund), Milano.

 

§         Member of the Planning Committee, Banca Nazionale dell' Agricoltura, Rome.

 

§         Advisor to the Italian Minister of the Budget, Summer l980.

 

§         Advisor to Istituto Bancario S. Paolo di Torino, Italy, Summer l980 - present.

 

§         Consultant to the World Financial Study Project, Booz‑Allen and Hamilton, New York, 1977 ‑ 1979.

 

§         Member, Scientific Board, CONFINDUSTRIA, Rome, l976 ‑ l979.

 

§         Member, Board of Directors, Center for Economics and Policy Studies, Turin, Italy.

 

§         Argus Research Corporation, l974 ‑ l976.

 

§         Bank of Italy, on international monetary issues with particular reference to the Eurodollar market, l97l ‑ l973.

 


PROFESSIONAL ASSOCIATIONS

 

American Economics Association, Mont PelJrin Society, and International Trade and Finance Association.

 

 

JOURNAL ACTIVITIES AND BOOK SERIES

 

§         Open Economies Review, Kluwer Academic Press, Founder and Co-Editor, 2005 to present.

 

§         Open Economies Review, Kluwer Academic Press, Founder and Managing Editor, 1990-2005.

 

§         Review of International Organizations, Springer, Editorial Board, since 2005.

 

§         Economia Italiana, member of the Advisory Board, since 2005

 

§         Review of Economic Conditions in Italy, member of the Advisory Board, since 2005

 

§         The North-American Journal of Economics and Finance, member of the Editorial Board, since 2006

 

§         Economia Marche, member of the Advisory Board, since 2006.

 

§         Mondo Bancario, Member of the Review Board, since 2000.

 

§         Global Finance series, Ashgate Publishing, co-editor since 2002.

 

§         European and Transatlantic Studies, Springer Verlag, series editor.

 

§         Report on the Financial System (yearly reports), Rosselli Foundation, Member of the Scientific Board, since 2000.

 

§         Rivista di Diritto Valutario e di Economia Internazionale, Member of the Review Board up to its demise in 1992.

 

 


 

BOOKS AND MONOGRAPHS (in chronological order)

 

      1.   La Liquidita' Internazionale (International Liquidity), with Paolo Savona, Il Mulino, Bologna, l972.

 

2.   Inflazione, Produzione e Politica Economica in Italia (Inflation, Output and Economic Policy in Italy), Franco Angeli, Milan, l975.

 

3.   L'Economia Italiana l974 ‑ l975 (The Outlook for the Italian Economy in l974 ‑ l975), with G. LaMalfa and B. Trezza, Franco Angeli, Milan, l975.

 

4.   L'Economia Italiana l975 ‑ l977 (The Italian Economy in l975 ‑ l977), with P. Armani, M. DeCecco and G. LaMalfa, Franco Angeli, Milan, l976.

 

5.   Bank Credit, Money and Inflation in Open Economies, Kredit und Kapital, editor, l976.

 

6.   Le Organizzazioni Economiche Internazionali (International Organizations), with John C. Pattison, Franco Angeli, Milano, l977.

 

7.   L'Economia italiana l976 ‑ 78 (The Italian Economy in l976 ‑ 78), with G. Basevi, M. De Cecco and G. La Malfa, Franco Angeli, l977.

 

8.  OPTICA REPORT l976. Inflation and Exchange Rates: Evidence and Policy Guidelines for the European Community, Commission of the European Communities, Brussels, Feb l977. Other members: G. Basevi, P. Salin, H.E. Scharrer, N. Thygesen, P. De Grauwe and H. Schulmann.

 

9.   L'Economia Italiana l977 ‑ 79 (The Italian Economy l977 ‑ 79), co‑authored, Franco Angeli, l978.

 

10. One Money for Europe, editor, MacMillan, London, l978.

 

11. Money, Output and Exchange Rates: The European Experience, with Paul De Grauwe and Mustapha Nabli, MacMillan, London, l985.

 

12. La Storia Monetaria d'Italia: 1860 - 1980, with Franco Spinelli, Mondadori, Milan, 1991.

 

      13. Financial Regulation and Monetary Arrangements after 1992, co-editor, with C. Wilborg and T.D. Willett, North-Holland, 1991.

 

      14. Handbook of Monetary Policy, co-editor, with Dominick Salvatore, Greenwood, 1992.

 

      15. The European Monetary System and European Monetary Union, with Jürgen von Hagen, Westview, Aug 1992.

 

      16. The Monetary History of Italy, with Franco Spinelli, Cambridge University Press, 1997.

 

17.    Macroeconomic Policy in Open Economies (Handbook of Comparative Economic Policies, vol 5), co-editor, with Dominick Salvatore and Jürgen von Hagen, Greenwood, 1997.

 

18.     Entorf, Horst, Mismatch Explanations of European Unemployment: a Critical Evaluation, acting editor, Springer, 1998.

 

19.    Ideas for the Future of the International Monetary System, Special Supplemental Issue of Open Economies Review, Vol. 9, Supplement 1. Editor, with Paolo Savona and Dominick Salvatore. Reprinted as a book by Kluwer Academic Press, same title, 1999.

 

20.    Storia Monetaria d’Italia: La lira e la politica monetaria italiana dall’unità all’Unione  Europea, Etas, 2001. [Monetary History of Italy: the lira and Italian monetary policy from unification to the European Union]. 

 

21.    Governing Global Finance: New Challenges, G7 and IMF Contributions, Ashgate, 2002. Editor, with Paolo Savona and John Kirton.

 

22.     Sustaining Global Growth and Development, Ashgate, 2003. Editor, with Paolo Savona and John Kirton.

 

23.    New Perspectives on Global Governance, Ashgate, 2005. Editor, with John Kirton, Alan Rugman and Paolo Savona.

 

24.    Regional Economic Integration, Elsevier, 2006, forthcoming. Editor

 

 

 


REFEREED ARTICLES (in chronological order)

 

l.    “Una Struttura Formale per l'Analisi della Capacita Moltiplicativa del Mercato dell'Euro‑dollaro” (A Formal Structure for the Analysis of the Multiplicative Power of the Euro‑dollar Market), L'Industria, with Paolo Savona, Sep l970, pp 3‑l4.

 

      2.   “Eurodollar Creation: Comments on Professor Machlup's Propositions and Developments,” Banca Nazionale del Lavoro Quarterly Review, with Paolo Savona, June l97l, pp ll0‑l28; in Italian, “La Creazione di eurodollari: soluzione di un enigma,” Moneta e Credito, Mar l97l.

 

      3.   “Moneta Potenziale e Base Monetaria Aggiustata in Italia dal l958 al l969,” (Potential Money Stock and the Adjusted Monetary Base in Italy from l958 to l969), with Paolo Ranuzzi De Bianchi, Bancaria, Mar l97l.

 

      4.   “Bank Credit and Money Supply Processes in An Open Economy: A Model Applicable to Italy,” Metroeconomica, Jan‑Apr l972, pp 24‑69.

 

      5.   “Fiscal and Monetary Policies in Moderate Inflation: A Case Study of Three Countries,” The Journal of Money, Credit and Banking, with Karl Brunner, Jerry Jordan, Allan Meltzer, and Manfred Neumann, Feb l973, pp 3l3‑353.

 

      6.   “Teoria e Pratica del Tasso dell'Interesse in Italia: un Differente Approccio,” (Theory and Evidence of the Determination of the Rate of Interest in Italy: A Different Approach), Quaderni dell'Economia Sarda, Nov-Dec l972, pp l87‑l93.

 

7.   “The Problem of Coexistence of SDRs and a Reserve Currency: A Comment,” Journal of Money, Credit, and Banking, Feb l974.

 

8.   “The Lagged Adjustment of U.S. Trade to Prices and Income,” with Joseph Miller, Journal of Economics and Business, Feb l974.

 

9.   “Meccanismi di formazione del credito bancario e della moneta e politiche monetarie e fiscali in una economia aperta: l'esperienza italiana, l958‑l969,” (Formation of Bank Credit, Money, and its Implications for Money and Fiscal Policies in an Open Economy: The Italian Experience l958‑l969), Studi di Economia, University of Cagliari, Aug l974, pp 3‑64.

 

10. “A Critical Look at Major Inflation Theories,” Tijdschrift Voor Economie, Sep l974.

 

11. “Ritenzione e Uso degli SDR: Un modello esplicativo,” Economia Internazionale, Feb l974.

 

12. “A Currency for Europe,” The Economist, with G. Basevi, H. Giersch, P. Korteweg, D. O'Mahoney, M. Parkin, T. Peeters, P. Salin and N. Thygesen, Nov l, l975, pp 33‑38.

 

13. “On the Effectiveness of Monetary Policy Under Fixed Rates of Exchange,” Journal of Monetary Economics, Jan l976.

 

14. “When It Pays to Co‑operate,” with John C. Pattison, The Banker, Aug l976, pp 89l‑94.

 

15. “The Economics of the OECD,” with John C. Pattison, Carnegie-Rochester Conference Series on Public Policy, Vol 4, 1976.

 

16. “Price and Output Adjustment in a Closed Economy,” Journal of Money, Credit and Banking, Feb l977.

 

17.    “The Lagged Adjustment of U.S. Trade to Prices and Income: A Response,” with Joseph C. Miller, Journal of Economics and Business, Sep l976.

 

18. “A Note on the Theory of Offsetting Capital Flows,” Journal of Monetary Economics, Feb l977, pp l33‑l38.

 

19. “Inflazione e variazioni inattese della produzione in Italia,” Rivista di Politica Economica, Aug‑Sep l977.

 

20. “Inflation and Unanticipated Changes in Output in Italy,” Carnegie‑Rochester Conference Series on Public Policy, K. Brunner and A.H. Meltzer, eds., Amsterdam, North Holland, Vol 8, l978, pp l4l‑l48.

 

21. “Europe Enters the Eighties,” with members of the Shadow European Economic Policy Committee, Banca Nazionale del Lavoro Quarterly Review, June l979.

 

22. “The Italian Economy in l978‑l979,” Review of Economic Conditions in Italy, l, l979. in Italian, in Economia Italiana, l, l979.

 

23. “Money Stock Control in the EEC Countries,” with Mustapha Nabli, Weltwirtschaftliches Archiv (Review of World Economics), Sep l979.

 

24. “The European Monetary System: A Return to an Adjustable Peg Arrangement,” Carnegie-Rochester Conference Series on Public Policy, Vol 13, l980.

 

25. “Money, Prices and Wages in Italy,” Banca Nazionale del LavoroQuarterly Review, Dec l980.

 

26. “Sylos Labini on Spinelli and Fratianni on Inflation: A Reply,” with Franco Spinelli, Banca Nazionale del Lavoro Quarterly Review, Dec l98l, pp 466‑467.

 

27. “Abolishing Fiscal Frontiers within the EEC,” with Herbert Christie, Public Finance, Mar, 1981.

 

28. “Appunti sulla storia della circolazione monetaria in Italia: l861-1914,” with Franco Spinelli, Banca Toscana Studi e informazioni, l98l, pp 17-39.

 

29. “The Economics of International Organizations,” with John Pattison. Kyklos, l982, Fasc. 2, pp 22‑35.

 

30. “The Growth of Government in Italy: Evidence from l86l to 1979,” with Franco Spinelli, Public Choice, l982.

 

31. “The Law of One Price in the Eurocurrency Market,” with Lee Macdonald Wakeman, Journal of International Money and Finance, 1, 1982, pp 307‑323.

 

32. “La crisi dell' indebitamento internazionale: come è sorta e come si può superare,” Bancaria, Feb l983.

 

33. “International Debt, Insolvency and Illiquidity,” with Karl Brunner, Allan Meltzer, Jerry Jordan, Morris Goldman, and Anna Schwartz, The Journal of Economic Affairs, Apr l983.

 

34. “International Debt Crisis: Policy Issues,” The Banker, Aug l983.

 

35. “U.S. Economic Policies: Are they a Burden on the Rest of Us?,” with Paul De Grauwe, The Banker, Sep l983. Longer version, “U.S. Economic Policies: Are they a Burden on the Rest of the World?” Economic Notes, Vol 12, No 3, 1983.

 

36. “The Political Economy of International Lending,” with Paul De Grauwe, The Cato Journal, Summer, l984.

 

37. “Currency Competition, Fiscal Policy and the Money Supply Process in Italy from Unification to World War I,” with Franco Spinelli, Journal of European Economic History, Winter, 1985.

 

38. “Interdependence, Macro‑economic Policy and All That,” with Paul De Grauwe, The World Economy, Vol 8, No 1, Mar 1985, pp 63‑79.

 

39. “Inflation and Output with Rational Expectations in Open Economies,” with Mustapha Nabli, Weltwirtschaftliches Archiv, Heft 1, 1985, pp 33‑52. also in, Monetary Policy and Uncertainty, Manfred J. M. Neumann, ed., Nomos Verlagsgesellschaft, Baden-Baden, 1986.

 

40. “Economic Growth in the 1970s and Beyond,” with Lawrence Davidson, Economic Notes, 3, 1985, pp 17‑34.

 

41. “Tassi dell'interesse e tassi di cambio in un mondo interagente:l'esperienza degli anni ottanta,” Rivista di Diritton Valutario e di Economia Internazionale, Sep 1986, pp 581-596.

 

42. “Can Belgium Borrow itself out of its Budget Deficit?” Recherches Economiques de Louvain, 53, 1987, pp 89-96.

 

43. “Random Walk and Monetary Causality in Five Exchange Markets,” with Hyung-Doh Hur and Heejoon Kang, Journal of International Money and Finance, 6, Dec 1987, pp 505-514.

 

44. “Opportunita' e prospettive per l'Italia negli anni ottanta,” Economia Italiana, No 2, May-Aug 1987, pp 259-284.

 

45. Italy in the Eighties: Opportunities and Prospects,” Review of Economic Conditions in Italy, May-Aug 1987, No 2, pp 253-277.

 

46. “Le implicazioni di politica monetaria del mercato unico europe­o,” Bancaria, Oct 1988.

 

47. “The European Monetary System: Ten Years After,” with Jürgen von Hagen, Carnegie-Rochester Conference Series on Public Policy, Vol 32, 1990.

 

48. “German Dominance in the EMS: The Empirical Evidence,” with Jürgen von Hagen, Open Economies Review, Jan 1990.

 

      49. “Testing for Political Business Cycles,” with Lawrence Davidson and Jürgen von Hagen, Journal of Policy Modeling, 12 (1), 1990, pp 35-59.

 

50. “A Scholar and a Friend Has Died: In Memoriam of Karl Brunner,” Open Economies Review, Oct 1990.

 

51. “Testing the Satisficing Version of the Political Business Cycle: 1905-1984,” with Jürgen von Hagen and Lawrence Davidson, Public Choice, Vol 73, 1992, pp 21-35.

 

52. “German Dominance in the EMS: Evidence from Interest Rates,” with Jürgen von Hagen, Journal of International Money and Finance, Dec 1990.

 

53. “Public Choice Aspects of European Monetary Unification,” with Jürgen von Hagen, The Cato Journal, Fall 1990.

 

54. “The Maastricht Way to EMU,” with Jürgen von Hagen and Christopher Waller, Essays in International Finance, International Finance Sect, Princeton Univ, No 87, June 1992.

 

55. “European Monetary Union and Central Bank Independence,” with Jürgen von Hagen, Regional Science and Urban Economics, Vol 23, No 3, July 1993.

 

56. “The Transition to European Monetary Union and the European Monetary Institute,” with Jürgen von Hagen, Economics and Politics, Blackwell Publishers, July 1993. reprint in, The Political Economy of European Monetary Unification, Barry Eichengreen and Jeffrey Frieden, eds., Westview, Boulder, 1994.

 

57. “International Equality of Stock Market Returns,” with Heejoon Kang, Open Economies Review, No 4, 1993, pp 381-401.

 

58. “Le Implicazioni Fiscali di Maastricht Per L'Italia,” Sviluppo economico, 2/1993, pp 139-159.

 

      59. “New Growth Theory: A Survey from a Policy Perspective,” with Haizhou Huang, Kredit und Kapital, Jan 1995, pp 62-86.

 

      60. “Monetary Policy Needs an Anti-Inflation Anchor,” Review of Economic Conditions in Italy, 1995, 2: 161-177.

 

      61. “Monetary Union: Still Coming in Europe and North America?” with George von Furstenberg, Challenge, Jul/Aug 96, pp 34-39.

 

      62. “Indicators of Financial Development,” with George von Furstenberg, North American Journal of Economics and Finance, Vol 7, No 1, 1996, pp 19-29.

 

      63. “The Lira and the Pound in the 1992 Currency Crisis: Fundamentals or Speculation?” with Michael Artis, Open Economies Review: Special Issue: Currency Crisis, George Tavlas, ed., Vol 7, supplement 1, 1996, pp 573-589. Reprinted in The Collapse of Exchange Rate Regimes: Causes, Consequences, and Policy Responses, George Tavlas, ed., Kluwer Academic Publishers, Boston, 1997, pp 143-159.

 

64. “Central Banking as a Political Principal-Agent Problem,” with Chris Waller and Jürgen von Hagen, Economic Inquiry, vol 35, no 2, 1997, pp. 378-393.

 

65. “Bank Deposit Insurance: The Italian Case,” Review of Economic Conditions in Italy, no 2, 1996, pp 221-250.

 

66. “Maxi versus Mini EMU: The Political Economy of Stage III,” Columbia Journal of European Law, Spring 1998, pp 375-393. Also appeared as EMU grande o EMU piccola: L’economia politica della terza fase. Il Risparmio, 1998 Jan/Feb, pp 3-26.

 

67. “The European Monetary System: How Well Has it Worked?” The Cato Journal, Dec, l988. Reprinted in Dollar, Deficits and Trade, James A. Dorn and William A. Niskanen, eds., Kluwer Academic Publishers, Boston, 1989.

 

68. Dominant currencies and the Future of the Euro (with Andreas Hauskrecht and Aurelio Maccario), Open Economies Review, Supplemental Issue. Also appeared as 1998.Le valute dominanti e il futuro dell’euro, in Idee per il futuro del sistema monetario internazionale. Rome: Aspen Institute Italia.

 

69. From the Gold Standard to a Bipolar Monetary System (with Andreas Hauskrecht),  Open Economies Review, Supplemental Issue.  Also appeared as 1998. Dal gold standard al sistema monetario monetario a due valute, in Idee per il futuro del sistema monetario internazionale. Rome: Aspen Institute Italia.

 

70.    Comment on Aliber’s “Capital Flows, Exchange Rates, and the New International Financial Architecture: Six Financial Crises in Search of a Generic Explanation,” Open Economies Review, Vol. 11, August 2000: 63-67.

 

71.    International Organisations in a World of Regional Trade Agreements: Lessons from Club Theory (with John Pattison), The World Economy, March 2001, Vol. 24. No. 3: 333-358.

 

72.    Fiscal Dominance and Money Growth in Italy: The Long Record (with Franco Spinelli), Explorations in Economic History, 2001, 38: 252-272.

 

73.    The Bank for International Settlements: An Assessment of its Role in International Monetary and Financial Policy (with John Pattison), Open Economies Review, 2001, 12:197-222.

 

74.    The Konstanz Seminar on Monetary Theory and Policy at Thirty (with Jürgen von Hagen), European Journal of Political Economy, September 2001, Vol. 17. 641-664.

 

75.    International Financial Architecture and International Financial Standards, (with John Pattison), Annals, AAPSS (Annals of The American Academy of Political and Social Science), 579, January 2002: 183-199.

 

76.     “Globalizzazione o aggregazioni per grandi aree?”, Economia Marche, April 2003, Vol. XXII, 1: 7-28.

 

77.    Heterogeneous distance-elasticities in trade gravity models,  Economics Letters, 2006, vol 90,1: 68-71. (with Heejoon Kang).

 

78.    Central Bank Cooperation at the Bank for International Settlements, 1930-1973, a Review, Journal of Economic History, 2006, vol 66(1): 268-270.

 

79.    Government Debt, Reputation and Creditors’ Protections: The Tale of San Giorgio, Review of Finance, 2006, 4:…

 

80.    Italian City-States and Financial Evolution, European Review of Economic History, 2006, vol.10, 3: 257-278 (with Franco Spinelli)

 

81.    International Trade, OECD Membership, and Religion, Open Economies Review, 2006, vol 17,4-5: 493-508 (with Heejoon Kang).

 

 


 

CHAPTERS IN EDITED BOOKS AND PROCEEDINGS

 

      1.   “The International Monetary Base and the Eurodollar Market: An Econometric Model,” presented at the Third World Meeting of the Econometric Society, Barcelona, Spain, Sep l97l. with Paolo Savona. Abstract published.

 

      2.   “The International Monetary Base and the Eurodollar Market,” in Karl Brunner (ed.) Konstanz‑Symposium I on Monetary Theory and Monetary Policy, Kredit und Kapital, Mar l973, pp 347‑409. with Paolo Savona.

 

3.   “International Liquidity: An Analytical and Empirical Reinterpretation,” in A Debate on the Eurodollar Market, Ente per gli Studi Monetari, Bancari e Finanziari Luigi Einaudi, Quaderni di Ricerche N. ll, Rome, l973.

 

4.   Comments on W. Branson's “Portfolio Equilibrium and Monetary Policy with Foreign and Non‑traded Assets,” in Emil Claassen and Pascal Salin, eds., Money and International Monetary Problems, North Holland, l976.

 

5.   “Domestic Bank Credit, Money and the Open Economy,” in M. Fratianni and K. Tavernier eds., Bank Credit, Money and Inflation in Open Economies, Kredit und Kapital, l976.

 

6.   “Inflation, Unemployment and Macroeconomic Policy in Open Economies: A Comment on the Laidler and Hamburger and Reisch Papers,” in Volume IV, Institutions, Policies and Economic Performance, Journal of Monetary Economics, l976. with Pieter Korteweg, 339‑353.

 

7.   “Inflation, Excess Demands, and Anticipations: Empirical Analysis of the French Experience,” Proceedings of the Second Annual Meeting of the European Finance Association, North‑Holland, l976. with André Fourçans

 

8.   “International Institutions and International Progress,” in Nake M. Kamrany, ed., The New Economics of the Less Developed Countries, Boulder, Westview Press, l978, pp 3l9‑346. with John Pattison.

 

9.   “E.M.U.: Rehabilitation of a Case and Some Thoughts for Strategy,” in M. Fratianni and Theo Peeters, eds., One Money for Europe, London, MacMillan, l978. with Herbert Christie.

 

10. “The Dollar and the ECU,” in G. Haberler, T. Willett and J. Dreyer, eds., The International Monetary System Under Stress, American Enterprise Institute, l982.

 

11. “Italy in the Gold Standard Period, l86l‑l9l4,” in Anna Schwartz and Michael Bordo, eds., A Retrospective on the Classical Gold Standard, 1821‑1931, University of Chicago Press, 1984. with Franco Spinelli.

 

12. “Analysis of Stagflation and U.S. Policy Alternatives,” in W.J. Megaw, Prospects for Man, Economics, Inflation, and Employment, York University, Ontario, Canada, l983.

 

13. “The Economic Policy of President Reagan: One Year Later,” Banca Toscana Studi e Informazioni, Quaderni 4, Mar l5, l982.

 

14. “International Trade and International Finance,” a Comment to Guido Carli and Paolo Savona, in Strategic Planning in International Banking, Paolo Savona and George Sutija, eds., London, MacMillan, 1986, pp 187‑199.

 

15. “Information and Output with Rational Expectations in Open Economies,” M.J.M. Neumann, ed., Monetary Policy and Uncertainty, Nomos Verlagesellschaft, Baden-Baden, 1986.

 

16. “Gli USA nell'occhio del ciclone,” in Jader Jacobelli, ed., Dove va l'economia italiana? Roma, Laterza, 1988.

 

17. “International Macroeconomic Policy Cooperation: Where Do We Go From Here?” A Comment to Stephen Marris in Paolo Guerrieri and Pier Carlo Padoan, eds., The Political Economy of International Co-operation, Croom Helm, New York, 1988.

 

18. “Bush o Dukakis: I Prossimi Quattro Anni,” Incontri di Rocca Salimbeni, November 18, 1988.

 

19. “Prevedibili Effetti Economici e Finanziari Della Nuova Disciplina Comunitaria in Materia Bancaria e di Transferimento Dei Capitali il Significato Dell 'Europa 1992,” Mercato Interno Europeo Integrazione Finanziaria e Sviluppo Economico, Merano, 8-9 luglio, 1988.

 

20. “Karl Brunner, un maestro e un amico,” Biblioteca della Libertá, gennaio-marzo, 1990.

 

21. “Credibility and Asymmetries in the EMS,” in Victor Argy and Paul de Grauwe, eds., Choosing an Exchange Rate Regime: The Challenge for Smaller Industrial Countries, International Monetary Fund, 1990. with Jürgen von Hagen.

 

22. “International Institutions and the Market for Information,” in Roland Vaubel and Thomas D. Willett, eds., The Political Economy of International Organizations: A Public Choice Approach, Westview Press, 1991. with John Pattison.

 

23. “Asymmetries and Realignments in the EMS,” in Paul de Grauwe and Lucas Papademos, eds., The European Monetary System in the 1990's, Longman, 1990. with Jürgen von Hagen.

 

24. “Unione Monetaria e Indipendenza della Banca Centrale,” Biblioteca della libertá, Franco Angeli, 1991. with Jürgen von Hagen.

 

25. “Monetary and Fiscal Policy in a European Monetary Union: Some Public Choice Considerations,” in Paul J.J. Welfens, ed., European Monetary Integration: From German Dominance to an EC Central Bank?, Springer-Verlag: New York, 1991, pp 223-253. with Jürgen von Hagen.

 

26. “I perché e gli insegnamenti di una storia monetaria d'Italia,” Economia e banca, n. 3, 1991. with Franco Spinelli.

 

27. “Sulla strada dell'unificazione monetaria ed economica europea,” Rivista di Political Economica, 1991. with Jürgen von Hagen.

 

28. “On the Road to EMU,” Rivista di Politica Economica, May 1991 and also published in Mario Baldassarri, ed., Building The New Europe, MacMillan, London, 1993. with Jürgen von Hagen.

 

29. “Le Insidie del Credito,” Rivista di Sistemi Finanziari 1, n. 3, December 1991, pp 16-18.

 

30. “Policy Coordination in the EMS with Stochastic Asymmetries,” in Financial Regulation and Monetary Arrangements After 1992, North-Holland, 1991. with Jürgen von Hagen.

 

31. “Proposal for Monetary and Fiscal Reforms in the Baltic Republics,” The G-7 Report, Summer 1992. with Lawrence Davidson and Jürgen von Hagen.

 

32. Comments on “Attitudes Toward Inflation and the Variability of Fixed Exchange Rates: Evidence from the EMS,” in Michael D. Bordo and Barry Eichengreen, eds., A Retrospective on the Bretton Woods System, University of Chicago Press, 1993, pp 577-582.

 

33. “Financial Restructuring in the Economies of Central Europe,” The G-7 Report, Vol II, No. III, pp 23-25.

 

      34. “Conditions in Which Very Rapid Inflation has Appeared,” Carnegie-Rochester Conference  Series on Public Policy, Vol 24, Spring 1986, pp 169-177.

 

35. “Dominant and Dependent Currencies'” The New Palgrave Dictionary of Money and Finance, 1992.

 

36. “Il Ruolo Della Banca Per Lo Sviluppo Dell'Economia Locale,” Agora, Anno XI, No. 2, Giungno 1994, pp 8-13.

 

37. “What Went Wrong with the EMS and European Monetary Union,” in Berhanu Abegaz, Patricia Dillon, David H. Feldman, and Paul F. Whiteley, eds., The Challenge of European Integration: Internal and External Problems of Trade and Money, Westview, 1994.

 

38. “Reputation, Central Bank Independence and the ECB,” in Pierre L. Siklos, ed., Varieties of Monetary Reforms: Lessons and Experiences on the Road to Monetary Union, Kluwer Academic Press, 1994, pp 165-191. with Haizhou Huang.

 

39. “La Tutela Dei Depositi,” in Fondazione Rosselli, ed., Le Banche E L'Efficienza. La Sfida Possibile, Edibank, Milano, 1994, pp 159-173.

 

40. “Bank Deposit Insurance in the European Union,” B. Eichengreen, J. Frieden, J. von Hagen, eds., in Politics and Institutions in an Integrated Europe, Spring, 1995.

 

41. “The 1996 Presidential Primaries Through the Corner of an Eye: International Voice Among Emerging US Isolationism: Michele Fratianni Interview,” G7 Report: Money, Trade, and Investment, Vol. IV., No. VI.

 

42. “La politica monetaria necessita di un'ancora anti-inflazionistica,” Economia, Sep/Dec 1995.

 

43. “Il rischio bancario e l'assicurazione dei depositi in Italia,” Incontri con l'Economia, Napoli, Editoriale il Denaro, 1995.

 

44. “Variable Integration in the European Union,” L'Economica Mondiale e L'Italia: Il “Cantiere” Europa: Vincoli e Opportunità, Porto Cervo, Forum CEIS Q8, 1996.

 

      45. “Quale politica monetaria per l'Italia: La politica monetaris necessita di un'ancora antinflazionistica,” in Fabrizio Galimberti, Francesco Giavazzi, Alessandro Penati, and Guido Tabellini, eds., Le Nuove Frontiere della Politica Economica 1996, Milan, Il Sole 24 Ore, 1996, pp 253-265.

 

46. “Competition and Convergence of Bank Regulation in NAFTA,” Regulation and Supervision of Financial Institutions in the NAFTA Countries and Beyond, George von Furstenberg, ed., Kluwer Academic Publishers, 1997, pp 126-143.

 

47. “Banking Regulation with Variable Geometry,” Forging an Integrated Europe, B. Eichengreen and J. Frieden, eds., University of Michigan Press, 1999, pp 159-184.

 

48. “EMU Grande O EMU Piccola: L’economia Politica Della Terza Fase,” Il Risparmio, Jan/Feb 1998, pp 3-26.

    

49. “Variable Integration for the European Union,” Tijdschrift voor economie en management, September, Vol XLIII, 315-336.

 

50. Ideas for the Future of the International Monetary System (with Dominick Salvatore and Paolo Savona), Open Economies Review, Supplemental Issue, 1998.

 

51. Acting editor of Horst Entorf, Mismatch explanations of European unemployment: A critical evaluation, 1998, Springer Verlag.

 

52.  A More Perfect Union? Foreign Policy, Winter 1998-99. Letter invited

      by the editor.

          

53. Review of  David Begg, Francesco Giavazzi, Jürgen von Hagen, and Charles Wyplosz, EMU: Getting the End –Game Right, London: CEPR, 1997. In The  European Journal of International Law, 1999, Vol. 10, N.1.

 

54. The Journal of Economic Literature, June 1999, Vol. XXXVII, N. 2, pp. 679-680, Review of  Richard Pomfret, The Economics of Regional Trading Arrangements, Clarendon Press- Oxford, 1997. Invited by the editor.

                      

55. Banking regulation with variable geometry (with Juergen von Hagen). In B. Eichengreen and J. Frieden, eds., Forging an Integrated Europe.  Ann Arbor: University of Michigan Press, 1999.

 

56. Governance of the EU in the twenty-first century.  In A Prakash and J. Hart, eds., Globalization and Governance. New York: Routledge, 1999.

 

57.    The International Monetary System after the Euro.  In A Prakash and J. Hart, eds., Responding to Globalization. New York: Routledge, 2000.

 

58.    Globalization and the Market for International Organizations: The OECD Case (with John Pattison). in Richard Tilly and Paul J.J. Welfens, eds. Economic Globalization, International Organizations and Crisis Management. Berlin-Heidelberg: Spirnger-Verlag, 2000.

 

59.    Comment on Richard E. Baldwin, “Concepts and Speed of an Eastern Enlargement.” in Horst Siebert, ed., Quo Vadis Europe? Tubingen: Mohr (Siebeck), 1997: 89-95.

 

60.     “An Assessment of The Bank for International Settlements.” (with John Pattison),  International Financial Institution Advisory Commission – Expert Papers- . Washington, D.C.: United States Congress, 2000.

 

61.     “Il Prestatore di ultima istanza internazionale: un concentto in cerca di significato” [The international lender of last resort: a concept in search of a meaning] (with John Pattison),  Dalla Banca Alla Eurob@nk:  Nuovi Mercati e Nuove Regole, edited by D. Masciandaro and G. Bracchi,  Fondazione Rosselli, Sesto Rapporto Sul Sistema Finanziario Italiano , Edibank, Bancaria Editrice, Vol. II, agosto 2001. 

 

62.    “Introduction, Summary, and Conclusions.” (with Paolo Savona, and John J. Kirton),  Governing Global Finance.  Ashgate Publishing, 2002: 1-23.

 

63.    “International Standards, Crisis Management, and Lenders of Last Resort in the International Financial Architecture.” (with John Pattison), Governing Global Finance.  Ashgate Publishing, 2002: 143-163.

 

64.    Review of Silent Revolution: the International Monetary Fund 1979-1989 . By James M. Boughton. Washington, D.C.: the International Monetary Fund, 2001. Pp. xxvii, 1111.. $75 and The Chastening: Inside the Crisis that Rocked the Global Financial System and Humbled the IMF. By Paul Blustein. New York: Public Affairs, 2001.Pp. xvi, 431. $30. In Journal of Economic History, 62, September 2002, pp. 925-28.

 

65.    The International Financial and Regulatory Architecture. In Responding to Globalization, Queen's Annual Business Law Symposium, Faculty of Law, Queen's University, 2001, pp.169-189.

 

66.     “The Fund and Its Critics.” In Michele Fratianni, Paolo Savona, and John Kirton (eds.), Sustaining Global Growth and Development, Ashgate, 2003.

 

67.     “Introduction, Summary, and Conclusions.” In Michele Fratianni, Paolo Savona, and John Kirton (eds.), Sustaining Global Growth and Development, Ashgate, 2003.

 

68.    “La governance nelle istituzioni finanziarie internazionali.” In Giampio Bracchi and Donato Masciandaro (eds.),  Oltre la crisi. Le banche tra le imprese e le famiglie. EDIBANK, Rome, 2003.

69.    “EU Enlargement and Flexible Integration,” In Miriam Campanella and Sylvester Eijffinger (eds.), EU Economic Governance and Globalization, Edward Elgar, 2003.

 

70.    “The Open Economy and Borders: Reflections of a Managing Editor”, In Alan Rugman (ed.), Leadership in International Business Education and Research, Elsevier, Oxford, 2003: 305-329.

 

71.    “The Case for Monetary Union in Mercosur.” In Patrick Minford (ed.), Money Matters –Essays in Honor of Alan Walters, Edward Elgar, Cheltenham, UK Northampton, 2004: 79-103.

 

72.    “Should the UK Join the Euro? The Monetary Issues.” (panel), In Patrick Minford (ed.), Money Matters –Essays in Honor of Alan Walters, Edward Elgar, Cheltenham, UK Northampton, 2004: 306-312.

 

73.    “The Strong Lira Policy and Deflation in Italy’s Interwar Period.”  In Richard C.K. Burdekin and Pierre L. Siklos (eds.), Deflation: Current and Historical Perspectives, Cambridge University Press (with Franco Spinelli), 2004: 218-240.

 

74.    “Borders and International Terrorism.” (with Heejoon Kang), in Michele Fratianni, Alan Rugman, Paolo Savona, and John Kirton (eds.), New Perspectives on Global Governance, Why America Needs the G8, Ashgate Publishing, 2005: 119-135.

 

75.    “Introduction.” (with John Kirton, Alan Rugman, and Paolo Savona), in Michele Fratianni, John Kirton, Alan Rugman, and Paolo Savona (eds.), New Perspectives on Global Governance, Why America Needs the G8, Ashgate Publishing, 2005: 3-11.

 

76.    “Who is Running the IMF: Critical Shareholders or the Staff?” (with John Pattison), in Peter de Gijsel and Hans Schenk (eds.), Multidisciplinary Economics: The Birth of a New Economics Faculty in The Neverlands, Springer Publishing, 2005: 279-292.

 

77.    Review of Central Bank Cooperation at the Bank for International Settlements, 1930-1973, Review, Journal of Economic History, forthcoming.

 

78.    Borders and Integration, in Michele Fratianni (ed.), Regional Economic Integration, Elsevier, 2006

 

79.    International Terrorism, International Trade, and Borders, in Michele Fratianni (ed.), Regional Economic Integration, Elsevier, 2006.

 

 

80.    Review of Central Bank Cooperation at the Bank for International Settlements, 1930–1973. By Gianni Toniolo with the assistance of Piet Clement. New York: Cambridge University Press, 2005. Pp. xxii, 729. $125. In Journal of Economic History, 66, 01, March 2006, pp. 268-270.

 

 

 

 

SERVICE-RELATED PUBLICATIONS

 

      1.   “President Nixon's New Economic Policies,” Indiana Business Review, Aug-Sep l97l, reprinted in Business Horizons, Oct l97l. with Irvin Grossack.

 

2.   “Inflazione e Tassi di Cambio,” Mondo Economico, Luglio l973.

 

3.   “La Fed ha due nodi: banca e moneta,” Parabancaria, Mar 1986.

 

4.   “The International Economy,” Indiana Business Review, July 1987, 62, No. 3, p. 5.

 

5.   “The International Economy,” Indiana Business Review, Dec 1986, 61, No. 6, p. 6.

 

6.   “Encouraging Capital Flows to Developing Countries,” Business Horizons, July-Aug 1987, 30, No. 4, pp 45-50.

 

7.   “The International Economy,” Indiana Business Review, Dec, 1987.

 

8.   “Il Significato Della Liberalizzazione Finanziaria,” Note Economiche per l'Operatore, Apr-Giugno, 1988.

 

9.   Europe's Non-Model for Stable World Money,” Wall Street Journal, Apr 4, 1988.

 

10. “The International Economy,” Indiana Business Review, July, 1988.

 

11. “The International Economy,” Indiana Business Review, Dec, 1988, Volume 63, No. 4.

 

12. “The International Economy,” Indiana Business Review, July, 1989, Volume 64, No. 2.

 

13. “The International Economy,” Indiana Business Review, Dec, 1989, Volume 64, No. 4.

 

14. “The International Economy,” Indiana Business Review, Dec, 1992, Volume 67, No. 4.

 

      15. “The International Economy,” Indiana Business Review, Summer 1993, Volume 68, No. 2.

 

      16. “La lira e lo SME a due velocità,” Sistema casse, Apr 1993

 

      17. “The Banking System: Experiences and Suggestions,” Razvoj Development, Jan-June 1993, Vol VIII, No. 1.

 

18. “The International Economy,” Indiana Business Review, Winter 1993-94.

 

      19. “Il Ruolo Della Banca Per Lo Sviluppo Dell'Economia Locale,” Agora, Anno XI, No. 2, Guigno 1994.

 

20. “The International Economy,” Indiana Business Review, Summer 1994, Midyear Review.

 

21. “The International Economy,” Indiana Business Review, Winter 1994-95.

 

22. “The International Economy,” Indiana Business Review: Outlook '96, Dec 1995.

 

      23. “Will the Euro be Hard?” Global Connection, Winter 1998.

 

24.    “The International Economy,” Indiana Business Review, Winter 1999

 

25.      “The International Economy,” Indiana Business Review, Winter 2000

 

 

 

 

 

 

BOOK REVIEWS (NOT LISTED) HAVE APPEARED IN

 

§         Journal of Economic History

§         Journal of Economic Literature

§         Journal of Political Economy

§         Journal of Monetary Economics

§         Journal of Money, Credit and Banking,

§         The International Trade Journal, Kyklos

§         Schweizerische Gesellschaft fur Statistik und Volkswirtschaft

§         Business Horizons.

 

ARTICLES IN NEWSPAPERS AND PERIODICALS (NOT LISTED)  IN

 

§         Il Sole 24 Ore

§         CEEP Notizie

§         The MGIC Newsletter

§         Mondo Economico

§         L'Opinione

§         Corriere della Sera

§         L'Espresso, GenteMoney

§         Mergers and Acquisitions

§         Wall Street Journal.

 

REFEREEING

 

§         American Economic Review

§         Economic Journal

§         European Economic Review

§         European Journal of Law and Economics

§         European Review of Economic History

§         Explorations in Economic History

§         International Organization

§         Journal of Finance

§         Journal of International Economics

§         Journal of International Money and Finance

§         Journal of Macroeconomics

§         Journal of Monetary Economics

§         Journal of Money Credit and Banking

§         Journal of Policy Modeling

§         Kredit und Kapital

§         Mondo Bancario

§         National Science Foundation

§         Review of Economics and Statistics

§         Southern Economic Journal

 

PRESENTATIONS AT UNIVERSITIES AND INSTITUTIONS

 

o        American Economic Association

o        Atlantic Economic Association

o        Austrian National Bank

o        Center for Economic Policy Studies

o        European Commission, European Economic Finance Association

o        Greek Economic Association

o        International Trade and Finance Association

o        National Bureau of Economic Research

o        Western Economic Association

o        Ailun (Nuoro)

o        Ball State University

o        Banca d'Italia

o        Bank of Greece

o        Bocconi University

o        Carnegie-Mellon University

o        Catholic University of LouvainLeuven

o        Catholic University of Louvain - Louvain la Neuve

o        City College of London

o        Claremont Graduate School

o        Erasmus University

o        ESSEC

o        European Investment Bank

o        European University Institute

o        Federal Reserve Bank of Cleveland

o        Federal Reserve Bank of St. Louis

o        Fordham University

o        Free University of Berlin

o        Free University of Brussel

o        Georgetown University.

o        Harvard University

o        Humboldt University of Berlin

o        IGIER (Milan)

o        INSEAD

o        International Monetary Fund

o        Istituto per la Programmisione (ISPE)

o        Johns Hopkins University

o        Jerome Levy Institute (Annandale-on-Hudson)

o        London School of Economics

o        LUISS (Rome)

o        National Bank of Belgium

o        NEMETRIA (Foligno)

o        New York University

o        OECD

o        Ohio State University

o        Rose-Hulman Institute of Technology

o        Purdue University

o        Rutgers

o        Spanish Economic Association

o        UFSIA (Antwerp)

o        University of Aarhus

o        University of Aberdeen

o        University of Aix-en-Provences

o        University of Ancona

o        University of Athens

o        University of Bergamo

o        University of Bern

o        University of Bologna

o        University of Bonn

o        University of Brescia

o        University of Bucharest

o        University of California – Berkeley

o        University of Chicago, University of Cincinnati

o        University of Dublin

o        University of Ghent

o        University of Georgia

o        University of Glasgow

o        University of Gothenborg

o        University of Helsinki

o        University of Illinois

o        University of Konstanz

o        University of Manchester

o        University of Mannheim

o        University of Marseille

o        University of Milan

o        University of Molise in Campobasso

o        University of Namur

o        University of Nancy

o        University of Notre Dame

o        University of Paris IX

o        University of Parma

o        University of Pennsylvania

o        University of Rochester

o        University of Rome (La Sapienza)

o        University of Rome (Tor Vergata)

o        University of Santa Clara

o        University of South Carolina

o        University of Trento

o        University of Torino

o        University of Urbino

o        University of Utrecht

o        University of Virginia

o        Virginia Polytechnic Institute

o       World Bank