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Massimiliano Pisani

massimiliano.pisani@bancaditalia.it or massimiliano.pisani@gmail.com

CV

Papers by topics

On global imbalances

· “Global Imbalances: The Role of Emerging Asia” (with P. Cova and A. Rebucci), Review of International Economics, forthcoming. See also IMF Working Paper 09/64, March

· “Global Imbalances: The Role of the Non-tradable TFP in Advanced Economies” (with N. Batini, P. Cova, A. Rebucci), IMF Staff Papers, Vol. 55, No. 2, June 2008. See also IMF Working Paper 09/63, March

• House prices, consumption and trade balance in the US

On real exchange rate dynamics

• News Shocks, Exchange Rates, and Equity Prices (with Akito Matsumoto, Pietro Cova and Alessandro Rebucci), submitted. See also IMF Working Paper 08/284, December

• Nominal Rigidities, distribution costs and the dynamics of the real exchange rate: a Bayesian DSGE approach (with Riccardo Cristadoro, Andrea Gerali and Stefano Neri), Temi di discussione (Economic working papers) 660, Bank of Italy, Economic Research Department

On European Monetary Union

• New: The Macroeconomics of Fiscal Consolidation in a Monetary Union: the case of Italy (with Lorenzo Forni and Andrea Gerali), Journal of Economics, Dynamics and Control, forthcoming

• Macroeconomic effects of greater competition in the service sector: the case of Italy (with Lorenzo Forni and Andrea Gerali), Macroeconomic Dynamics, forthcoming. See also Temi di discussione (Economic Working Papers) 706, Bank of Italy, Economic Research Department March 2009

• Exchange rate arrangements in EU accession countries: which are the options? (with Ellen E. Meade and Nikolas Muller-Plantemberg), CEP OP 17, November 2002

On oil prices

• Oil supply news in a VAR: information from financial markets, (with Alessio Anzuini and Patrizio Pagano), Temi di discussione (Economic working papers) 632, Bank of Italy, Economic Research Department, June 2007

• Risk-Adjusted Forecasts of Oil Prices, (with Patrizio Pagano), The B.E. Journal of Macroeconomics: Vol. 9: Iss. 1 (Topics), Article 24, 2009. See also. Temi di discussione (Economic Working Papers) 585, Bank of Italy, Economic Research Department May 2006, and ECB Working Paper no. 999, January 2009