In 2020 Marco Varonese Passarella, Giuseppe Fontana and I published a paper in the “Cambridge Journal of Economics” in which we developed a “new Marshall-Lerner condition” given a (more realistic) assumption of only partial exchange rate pass-through to import prices. We showed that the higher the pass-through, the slower is […]
Is a new global financial crisis on the way?
[English translation of my interview published in the Italian magazine micromega.net] By Rita Viola, 20 March 2023 When we heard the news of the bankruptcy of the Silicon Valley Bank in recent days, our memory immediately went back to 2008 and the bankruptcy of Lehman Brothers, an event that triggered […]
Italiani in deficit di educazione finanziaria
di Giovanni Carnazza e Emilio Carnevali – Milioni di famiglie fanno i conti con le conseguenze della stretta monetaria della Bce. Per comprenderne bene le implicazioni servirebbe un’adeguata educazione economica e finanziaria. Che in Italia manca. La scuola dovrebbe dedicarvi più attenzione – da lavoce.info. Tassi di interesse e mutui […]