Days of future past? The reform of the European fiscal framework, the (enduring) role of the structural balance and the pro-cyclical bias of potential GDP endogeneity

New Working Paper with Giovanni Carnazza. The European fiscal framework has recently been reformed, yet the concept of structural balance still plays a crucial role within it. This paper proposes a multidimensional approach to scrutinize the pro-cyclical tendencies embedded in European economic policies arising from the European Commission’s calculation methodology […]

Days of future past? The reform of the European fiscal framework, the (enduring) role of the structural balance and the pro-cyclical bias of potential GDP endogeneity Read More

DEF 2024, un documento senza quadro programmatico. Intervista a Micromega.

Il governo ha recentemente varato il suo documento di economia e finanza del 2024. Un documento lacunoso, privo di un quadro programmatico e in cui il governo non indica chiaramente quali sono le sue intenzioni in ambito di politica economica. Questa l’analisi di Emilio Carnevali, economista della Northumbria University di […]

DEF 2024, un documento senza quadro programmatico. Intervista a Micromega. Read More

Understanding socialism from the outside and from the inside

The latest issue of the European Journal of Economics and Economic Policy (Intervention) features an interview conducted by André Pedersen Ystehede and myself with Alberto Chilosi. Alberto Chilosi is a former Professor of Economic Policy in the Department of Economics at the University of Pisa, Italy. After obtaining a degree […]

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