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Structure Department of Economics and Management
Telephone 0498274281
Qualification Professore straordinario
Scientific sector SECS-P/02 - POLITICA ECONOMICA
University telephone book  Show

Office hours
Wednesday from 13:00 to 14:00 Via del Santo, 22, 35123 Padova PD (secondo piano) per favore mandatemi un email prima di venire a:
(updated on 19/07/2018 20:38)

Proposals for thesis
I supervise dissertations on a wide range of macro issues: fiscal policy, banking-sovereign-exchange rate crises, emerging markets, role of expectations, trade. Sometimes I have supervised work on macro-financial issues.

Curriculum Vitae
Lorenzo Forni is an applied macroeconomist with a deep knowledge of policy issues. He has developed his understanding of economic policy working at the IMF from 2010 to 2016 with assignments on countries as Egypt, Romania, Belarus and at the Fiscal Affairs Department. Previously he spent ten years at the Research Department of the Bank of Italy, working mainly on producing the analysis for the Bank monetary policy committee. He has written articles on a number of topics, ranging from the economic impact of fiscal policy to the role of monetary policy, from sovereign debt restructuring to issues related to the European economic governance. He has published on international economic journals as the American Economic Review, the Journal of Public Economics, the International Journal of Central Banking. He holds a Master in Political Economy and a Ph.D. in Economics from Boston University (2001) and has been visiting scholar at Harvard University (2005-06).

Lecturer's Curriculum (PDF): 7B2B736285B8BDC3C141AB253758B062.pdf

Research areas
Private and public debt cycles, banking crises, sovereign restructuring, political budget cycles, climate change

Selected journal publications:

- “Macroeconomic effects of sovereign restructuring in a monetary union: a model-based approach”, with M. Pisani, 2018, Macroeconomic Dynamics, 22, 470–500.

- “Public Employment and Compensation Reform during Times of Fiscal Consolidation”, with N. Novta, International Tax and Public Finance, 2016, 23:960–979.

- “Euro area and global oil shocks: an empirical model-based analysis”, with A. Gerali, A. Notarpietro and M. Pisani, 2015, Journal of Macroeconomics, vol. 46(C), pages 295-314.

- “Fiscal Multipliers: Size, Determinants, and Use in Macroeconomic Projections”, with N. Batini, L. Eyraud, and A. Weber, IMF Technical Notes and Manual, 2014.

- “Pricing of Sovereign Risk: Evidence from Advanced Economies during the Recent Financial Crisis”, with E. Alper and M. Gerard, International Finance, 2013, Vol.16, n. 2.

- “The macroeconomics of fiscal consolidations in Euro area countries”, with A. Gerali e M. Pisani, Journal of Economic Dynamics and Control, 2011, Vol.34, Issue 9.

- “Macroeconomic effects of greater competition in the service sector: the case of Italy”, with A. Gerali e M. Pisani, Macroeconomic Dynamics, 2010, Vol. 14.

- "The general equilibrium effects of fiscal policy: estimates for the euro area" with L. Monteforte and L. Sessa, Journal of Public Economics 93, 2009.

- “Inflation Convergence and Divergence within the European Monetary Union”, with F. Busetti, A. Harvey and F. Venditti, International Journal of Central Banking, Vol. 3 n.2, 2007.

- “Social Security as Markov Equilibrium in OLG Models”, Review of Economic Dynamics, Vol. 8 n.1, 2005.

- “Cyclical Sensitivity of Fiscal Policies based on Real Time Data”, with S. Momigliano, Applied Economics Quarterly, Vol. 50 n. 3, 2004.

- “The Mismatch Between Life Insurance Holdings and Financial Vulnerabilities: Evidence from the Health and Retirement Study”, with B.D. Bernheim, J. Gokhale and L.J. Kotlikoff, American Economic Review, Vol. 93 n.1, 2003.

- “Funding a PAYG Pension System: The Case of Italy”, with R. Giordano, Fiscal Studies, 2001, Vol. 22 No. 4.

- “Are Markets Learning? Behavior in the Secondary Market for Brady Bonds”, with L. Barbone, The World Bank Policy Research Working Paper Series n.1734, February 1997 and International Journal of Finance and Economics, April 2001.

- “How Much Should Americans Be Saving for Retirement?”, with B.D. Bernheim, J. Gokhale and L.J. Kotlikoff, American Economic Review, Vol. 90 n.2, 2000.

Chapters in books:

- “Escaping high debt: the narrow path ahead”, with M. Moreno Badia, in Post-Crisis Fiscal Policy, C. Cottarelli, P. Gerson and A. Senhadji editors, MIT Press, 2014.

- “The crisis and policy response in the Euro area” with M. De Broeck and M. Guerguil, in Post-Crisis Fiscal Policy, C. Cottarelli, P. Gerson and A. Senhadji editors, MIT Press, 2014.

- “An Analysis of Retirement Expectations using the Health and Retirement Study”, in Ricerche Quantitative per la Politica Economica, Bank of Italy, 2003.

- “An Economic Approach to Setting Retirement Saving Goals”, with B.D. Bernheim, J. Gokhale and L.J. Kotlikoff, in Innovation in Retirement Financing, O. Mitchell, Z. Bodie, P.B. Hammond and S. Zeldes editors, University of Pennsylvania Press, 2002.

List of taught course units in A.Y. 2018/19
Degree course code (?) Degree course track Course unit code Course unit name Credits Year Period Lang. Teacher in charge
EP2422 002PD EPP6077392     ENG LUCA NUNZIATA
»   EPP6077393 6 2nd Year Annual ENG LUCA NUNZIATA
»   EPP6077394 6 2nd Year Annual ENG LORENZO FORNI
EP2422 COMMON EPP6077358 10 1st Year Second
EP2422 001PD EPP6077340 6 2nd Year Second