Facebook pixel
Bocconi Home

CARLO AMBROGIO FAVERO

Conference Proceedings

What Do We Know About Fiscal Multipliers ? in Rethinking Fiscal Policy After the Crisis (L.Odor ed.) (25/05/2017)
FAVERO CARLO AMBROGIO, MADINA KARAMYSHEVA
Cambridge University Press

Abstract: The Empirical evidence on fiscal multipliers is very heterogenous. In this paper we first survey available estimates of fiscal multipliers to try to understand their heterogeneity. We provide a general framework that allows to make the identification and specification choices made by the different authors explict and leads hopefully to a better understanding of the heterogeneity of results

Keywords: Fiscal Multipliers

 


Last change 25/05/2017

After the Crisis. Reform, Recovery and Growth in Europe (Centeno, Caselli and Tavares eds.) (2016)
Favero CA, G. Galasso
Oxford University Press

Demographics and the Secular Stagnation Hypothesis in Europe

Abstract: Demographic trends in Europe do not support empirically the secular stagnation hypothesis. Our evidence shows that the age structure of population generates less long-term growth but positive real rates. Policies for growth become very important. We assess the relevance of the demographic structure for the choice between macro adjustement and structural reforms. We show that middle aged and elderly individuals have a more negative view of reforms, competitiveness and globalization than young. Our results suggest that older countries -- in terms of share of elderly people -- should lean more towards macroeconomic adjustments, whereas younger nations will be more supportive of structural reforms. 
Keywords: stochastic mortality,growth, real interest rates, Europe
JEL Classification Numbers J11,J14


Last change 22/09/2016

The Euro: the first decade. Buti, Deroose and Gaspar, eds. (2010)
Favero C.A. and F.Giavazzi
Cambridge University Press

"The ECB and the Bond Market"



Last change 22/09/2016

Monetary Policy in the Euro Area: lessons from five years of the ECB and implications for Turkey (2007)
Carlo A. Favero with F. Canova
Macroeconomics Policies for EU Accession, Basci, Togan and Von Hagen, Edward Elgar


Last change 05/12/2008

Why are Brazil’s Interest Rates so High? (07/2002)
Carlo A. Favero with Francesco Giavazzi
IGIER Working paper n. 224

Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003
Francesco Giavazzi, Ilan Goldfajn and Santiago Herrera (Eds.)
MIT PRESS  May 2005



Last change 05/12/2008

Debt Maturity and the Reaction and Performance of Monetary Policy (forthcoming)
Carlo A. Favero, Alessandro Missale and G.Primiceri
Alec Chrystal (ed)


Last change 16/01/2009

Asymmetric interest rate policy in Europe (forthcoming)
Carlo A. Favero Comment to Weber A.
in Konig(ed) The Monetary Transmission Process: Recents Developments and Lessons for Europe, Mac Mil


Last change 05/12/2008

Monetary Policy, Forward Rates and Long Rates: does Germany differ from the United States? (forthcoming)
Carlo A. Favero with F.Iacone and M.Pifferi
Monetary Policy and Interest Rates" I.Angeloni and R.Rovelli(eds.), MacMillan Press


Last change 05/12/2008

Comment to Mirowski: The attribution of quantitative error and the erasure of plural interpretations in various sciences (1998)
Carlo A. Favero Comment to Mirowski
Pluralism in Economics, E.Screpanti and A.Salanti(eds.), Edward Elgar, 278-281


Last change 05/12/2008

The Demand for Money in Italy: Testing Superexogeneity (1991)
Carlo A. Favero
Macroeconomics and Macroeconomic Policy Issues (Spinelli and Meyer eds.), Academic Publishing


Last change 05/12/2008

Simultaneity and Cointegration (1991)
Carlo A. Favero with F.C. Bagliano and V.A. Muscatelli
Bertocchi and Zambruno (eds.)


Last change 05/12/2008

Canale Creditizio del Meccanismo di Trasmissione della Politica Monetaria ed Intermediazione Bancaria (1997)
Carlo A. Favero with F-C. Bagliano
G. Vaciago (editore), Moneta e Finanza, Il Mulino, Bologna


Last change 05/12/2008

Metodi Econometrici in Macroeconomia (1995)
Carlo A. Favero
Ricerche e Metodi Per la Politica Economica, Banca d´Italia, Roma


Last change 05/12/2008

Simultaneita', Cointegrazione ed Errata specificazione: un´applicazione alla domanda di moneta in Italia (1992)
Carlo A. Favero with F.C.Bagliano and V.A.Muscatelli
Ricerche e metodi per la Politica Economica


Last change 05/12/2008

Cointegrazione ed Analisi di Specificazione, Ricerche e metodi per la Politica Economica (1990)
Carlo A. Favero
Banca d'Italia, Roma


Last change 05/12/2008

Last change 06/10/2008