CURRICULUM VITAE LILIA CAVALLARI (June 2016) Dipartimento di Scienze Politiche Università Roma Tre Via Chiabrera 199, 00145 Rome Tel.: (39)-0657335327 Email: lilia.cavallari@uniroma3.it Current Positions Full Professor, Department of Political Sciences, University of Rome Tre, since 2012 External Expert, ECO/SOC panel, DG Research, European Commission, since 2014 Research Affiliate, Centro Interdipartimentale di Economia delle Istituzioni, University of Rome III, since 2002; Member of the Scientific Board, since 2011 Member of the Advisory Panel, European Economics and Finance Society, EEFS, since 2000 Research Scholar, Euro Area Business Cycle Network, ABCN, since 2013 Past positions Associate Professor, Department of Public Institutions, Economics and Society, University of Rome Tre, 2002-2011 Ricercatore (Assistant Professor), Department of Economics, University of Rome La Sapienza, 1996-2002 Post-Doc Fellow, Center for Economic Performance, London School of Economics, 1995-1996 Lecturer, Department of Economics, University of Rome Tre, 1991-1995 Education PhD in Economics, University of Rome La Sapienza, 1993. Dissertation Information, uncertainty and policy, supervisor Guido Rey Laurea (BA) in Economics Magna cum laude, University of Rome La Sapienza, 1989. Dissertation Is the Italian public debt sustainable?, supervisor Guido Rey Summer School of Econometrics, Inter-University Center of Econometrics, CIDE, Alma Mater, University of Bologna, 1991 and 1995
Visiting positions Visiting Professor, Institute for New Economic Thinking, University of Cambridge, September- December 2015 Visiting Professor, Institute for International Economic Studies, Stockholm University, June-July 2004, March-June 2002, September-December 2001 Visiting Professor, Centre for European Integration Studies, University of Bonn, March-July 2002 Visiting Scholar, Centre for Economic Performance, London School of Economics and Political Sciences, September 1995-March 1996 Graduate Teaching International Macroeconomics, MA, University of Rome III, since 2004 Advances in International Macroeconomics, PhD, Center for European Integration Studies, ZEI, University of Bonn, 2002 Advances in Macroeconomic Theory, PhD, University of Rome La Sapienza, 1997-2004 Multinational firms and the business cycle, MA, University of Rome III, 2007 Topics in international macroeconomics, PhD in Economics, Scuola Superiore Sant Anna, 2013-2014 Undergraduate Teaching International Economics, University of Rome III, since 2002 Labour Economics, University of Rome III, 2002-2006 Fellowships and research projects PRIN 2010-2012, Informational asymmetry and allocative efficiency: microeconomic foundations and macroeconomic implications, member of the research group PRIN 2007-2008, An integrated approach to Foreign Direct Investment, member of the research group Post-doctoral Fellowship, University of Rome La Sapienza, 1994-1995 Doctoral Fellowship, University of Rome La Sapienza, 1990-1993 Fellowship G. Marchesini, Cassa di Risparmio di Roma, 1990-1991, declined 2
Research interests New open economy macroeconomics, firm dynamics and the business cycle, foreign direct investments, monetary policy, currency crises, strategic wage bargaining and policy games. Refereeing Journal of International Economics, Journal of Applied Econometrics, Scottish Journal of Political Economy, Journal of Common Market Studies, Review of International Economics, The BE Journal of Macroeconomics, Bulletin of Economic Research, International Finance, Rivista di Politica Economica, European Economic Review, Research in Economics, Journal of Macroeconomics, International Journal of Finance and Economics, International Journal of Central Banking. Language skills Italian (native), English (advanced), French (advanced), German (intermediate) and Portuguese (intermediate) Conference presentations (selected) 2016: XX Conference on International Macroeconomics and Finance, University of Crete; MMF 2016, University of Bath, scheduled 2015: 2nd IMac Workshop on International spillovers and extensive margins, University of Rennes I 2014: XVIII Conference on International Macroeconomics and Finance, University of Crete; XXVI Villa Mondragone International Economic Seminars; BoE, CfM, and CEPR Workshop on International Trade, Finance and Macroeconomics (discussant), Bank of England 2013: Workshop on the future on the euro, University of Rome La Sapienza (discussant) 2012: International conference on Global Economy, Policy challenges, Market Responses, CSAEM, Birkbeck College, London 2011: EEFS annual conference, Queen Mary University, London; INFER annual conference, East London University; Advances in Macroeconomic Theory and Policy, University of Rome La Sapienza 2010: XIV Conference on International Macroeconomics and Finance, University of Crete; EcoMod 2010, Bilgi University, Istanbul; XXII Villa Mondragone international Economic Seminars 2009: XIII Conference on International Macroeconomics and Finance, University of Crete; 3
2008: Conference on Central banks, fiscal policies and unionized labour markets, University of Rome La Sapienza (discussant); European Economics and Finance Society annual conference, University of Prague; Conference on Endogenous Market Structure and Industrial Policy, University of Milano Bicocca; Conference on Macroeconomic policies and labour market institutions, University of Milano-Bicocca; 2007: European Economics and Finance Society annual conference, University of Sofia; Research in International Economics and Finance annual conference, University of Rome Tor Vergata; XIX Villa Mondragone international Economic Seminars on The economic future of Europe ; Money Macro and Finance Group annual conference, Birmingham Business School 2006: CESifo-Delphi conference on Global economic Imbalances: Prospects and Remedies, Delphi, 2-3 June 2006 2005: Globalisation and Regionalism, European Central Bank, Frankfurt; Global economic Imbalances, CESifo, Munich; European Economics and Finance Society annual conference, University of Coimbra; IX International Conference on Macroeconomic Analysis and Finance, University of Crete Invited seminars (selected) University of Cambridge, 2016; University of Rennes, 2016; University of Rome La Sapienza, 2014; University of Pavia, 2012; LUISS, 2012; University of Milan-Bicocca, 2013; Institute for International Economic Studies, Stockholm University, 2001, 2002, 2004; Center for European Integration Studies, University of Bonn, 2002 ; University of Bari, 2002; Center for Economic Performance, London School of Economics, 2000; Italian Treasury, 2000; European Central Bank, 2003. Academic publications Articles in refereed journals Exchange rates as shock absorbers: the role of export margins, with S. D Addona, Research in Economics vol. 69, 582-602, 2015 Entry costs and the dynamics of business formation, Journal of Macroeconomics vol.44, 312-326, 2015 Firms entry, monetary policy and the international business cycle, Journal of International Economics vol. 91, 263-274, 2013 A note on firm entry, markups and the business cycle, Economic Modelling vol.35, 528-535, 2013 Business cycle determinants of US foreign direct investments, with S. D Addona, Applied Economic Letters vol. 20, 10, 966-970, 2013 Output and interest rate volatility as determinants of FDI, with S. D Addona, Applied Economics vol. 45, 2603 2610, 2013 4
Optimal contracts and the role of the government in wage bargaining, Economics Letters vol.115, 160 163, 2012 "Exports and FDI in an endogenous-entry model with nominal and real uncertainty Journal of Macroeconomics vol.32, 300-313, 2010 Monetary and fiscal interactions when wage-setters are large: is there a role for corporatist policies?, Empirica vol. 37, 91 309, 2010 Macroeconomic interdependence with trade and multinational activities, Review of International Economics vol. 16, issue 3, 537-558, 2008 A macroeconomic model of entry with exporters and multinationals, The B.E. Journal of Macroeconomics, vol.7, issue 1(Contributions), Article 32, 2007 "Macroeconomic stabilisation in the EMU: rules versus institutions", with Debora di Gioacchino, Review of Development Economics, Vol. 9, issue 2: 264-276, 2005. "Optimal monetary policy and internationalized production", International Journal of Finance and Economics vol. 9: 175-186, 2004 "Inflation and openness with non-atomistic wage-setters", Scottish Journal of Political Economy vol. 48, 2:,210-225, 2001. "Shadow rates and multiple equilibria in the theory of currency crises," with Giancarlo Corsetti, Journal of International Economics vol.51: 275-286, 2000. "Current account and exchange rate dynamics", Economic Notes vol.30, n.1: 27-51, 2001. "Macroeconomic performance and wage bargaining in a monetary union", Empirica vol. 28: 419-433, 2001 "Estimating the costs of EMU: nominal versus real asymmetry?" Rivista Internazionale di Scienze Sociali n.4: 515-534, 1998. "Scelte pubbliche e valore d'opzione nel processo di privatizzazione", with Giancarlo Corsetti, Politica Economica n.3: 435-456, 1994. "Efficienza informativa del mercato secondario dei BOT trimestrali: una valutazione del contenuto informativo dei risultati d'asta", Giornale degli Economisti e Annali di Economia n.10-12: 458-477, 1994. Articles under review Fiscal policy in Europe: the importance of being predictable with S. Romano, R&R Economic Modelling 5
Output stabilization and export margins in fixed and floating exchange rate regimes, with S. D Addona, submitted Wage bargaining under an employment target, submitted Books Integrazione monetaria e governo dell economia, Franco Angeli 2006, Milano Informazione, Incertezza e Politica Economica, Tesi di Dottorato, Università di Roma La Sapienza, 1993 Chapters in collective volumes Trade margins and exchange rate regimes: new evidence from a panel VARX with S. D Addona, in Anaemic Europe - How to Achieve Dynamism and Mass Flourishing, ed. L. Paganetto, Springer 2015 (ISBN 978-3-319-14098-8), pages 29-48 Spilover fiscali nell Eurozona: il ruolo delle aspettative con S. Romano, in Legge di stabilità e politica economica europea, eds. C. Magazzino and G.C. Romagnoli, Franco Angeli 2015 (ISBN 978-88-917-1474-9), pages 129-148 Politica monetaria e spread in tempi di crisi with S. D Addona, in Legge di stabilità e politica economica europea, eds. C. Magazzino and G.C. Romagnoli, Franco Angeli 2015 (ISBN 978-88-917-1474-9), pages 149-171 La riunificazione tedesca e l assetto della politica economica europea in C era una volta il muro. A 20 anni dalla svolta tedesca, ed. E. Fiandra, Artemide 2011 (ISBN 978-88-7575-134-0), pages 287-304 Le economie dei Balcani occidentali nel nuovo millennio: uno sguardo ai fondamentali macroeconomici dei principali paesi dell area, in L ascesa delle economie emergenti. Implicazioni economiche e giuridiche, eds. A.R Gurrieri, M. Lorizio and C. Novi, Franco Angeli 2010 (ISBN 978-88-5682-443-8), pages 155-166 Are the income policy agreements of 1992-93 in Italy still valid? Towards a theory for the optimal design of the social pact in the EMU, in Institutional reforms in Italy: a public choice approach, eds. F. Padovano and D. Ricciuti, Springer Verlag 2008 Il quadro macroeconomico nei Balcani occidentali dieci anni dopo gli accordi di Dayton, in Dayton dieci anni dopo. Guerra e pace nella ex Jugoslavia, ed. F. Guida, Carocci 2007 (ISBN 978-88-4304-468-9), pages 155-166 "Strategic wage setting in a monetary union" in Institutional Conflicts and Complementarities. Monetary Policies and Wage Bargaining Institutions in EMU, 6
eds. R. Franzese, P. Mooslechner e M.Schurtz, Kluwer Academic Publishers 2004 (ISBN 978-14-0207-536-0), pages 131-145 "Inflationary performance in a monetary union with large wage setters", in Monetary Policy, Fiscal Policies and Labour Markets. Macroeconomic Policy Making in EMU, eds. R. Beetsma, C. Favero, A. Missale, A. Muscatelli, P. Natale e P. Tirelli, Cambridge University Press 2004, Cambridge UK (ISBN 978-05-2182-308-1), pages 327-343 "Coordinamento sindacale nell'unione monetaria", in Sovranità nazionale e regionalizzazione, ed. G. Romagnoli, Franco Angeli 2003 (ISBN 978-88-4645-080- 7), pages 78-93 "Symmetry or Asymmetry in European Dollar Policies? Evidence from the Core Countries", con Giuseppe De Arcangelis, in EMU, Financial Markets and the World Economy, eds. T. Moser and B. Schips, Kluwer Academic Publishers 2001 (ISBN 978-07-9237-992-8). pages 159-180 Book Reviews Mattia Granata, Cultura del mercato. La commissione parlamentare di inchiesta sulla concorrenza (1961-1965), Storia del Pensiero Economico vol.2, 2009 Elvio dal Bosco, La leggenda della globalizzazione, Storia del Pensiero Economico vol. 2, 2005 Fabio Masini, SMEmorie della lira, Storia del Pensiero Economico vol. 4, 2005 7