Details about Cinzia Alcidi

Access statistics for papers by Cinzia Alcidi.

Last updated 2022-08-10. Update your information in the RePEc Author Service.

Short-id: pal347

Working Papers

2022

1. A qualified treatment for green and social investments within a revised EU fiscal framework
   CEPS Papers, Centre for European Policy Studies
2. Can the Pay Transparency Directive close the gender pay gap?
   CEPS Papers, Centre for European Policy Studies
3. Changing Social Investment Strategies in the EU
   JRC Working Papers on Labour, Education and Technology, Joint Research Centre
4. Did the COVID-19 pandemic impact income distribution?
   MPRA Paper, University Library of Munich, Germany

2017

5. Fiscal Policy Stabilisation and the Financial Cycle in the Euro Area
   European Economy - Discussion Papers, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (9)
6. Fiscal Risk Sharing and Resilience to Shocks: Lessons for the euro area from the US
   CEPS Papers, Centre for European Policy Studies View citations (8)
7. How to strengthen the European Semester?
   CEPS Papers, Centre for European Policy Studies View citations (7)
8. Risk-sharing and Consumption-smoothing Patterns in the US and the Euro Area: A comprehensive comparison
   CEPS Papers, Centre for European Policy Studies View citations (30)
9. The Instruments providing Macro-Financial Support to EU Member States
   CEPS Papers, Centre for European Policy Studies View citations (2)
10. The Nature of Shocks in the Eurozone and Their Absorption Channels
    EconPol Policy Reports, ifo Institute - Leibniz Institute for Economic Research at the University of Munich

2016

11. Assessing the Euro Area’s Shock-Absorption Capacity - Risk sharing, consumption smoothing and fiscal policyAbstract: Based on a combination of quantitative analysis and a qualitative forward-looking approach, this paper assesses both the state of play and the future capacity of the EMU to respond and adapt to asymmetric shocks. The objective is to provide a basis upon which to gauge the potential value added of a European Unemployment Benefit Scheme (EUBS), against the background of the recent plans for the Banking Union, the Capital Markets Union and the reform of the fiscal governance framework. We find that the capacity of the system to deal with asymmetric shocks (and in principle reduce their occurrence) is likely to increase due to these changes; but it will remain limited in the medium term and certainly lower than in the US. We also argue that given the broad pro-cyclicality of fiscal policy, the idea that national policies alone can deal alone with asymmetric shocks is not realistic. Lastly, we maintain that an ex-ante fiscal insurance mechanism can provide some degree of income smoothing and is likely to catalyse market insurance. Fiscal and market insurance can reduce the role of credit and borrowing, which until now has been the main channel for shock absorption in the euro area but also the least effective in times of crisis. We conclude that, from a macroeconomic point of view, an EUBS is a useful tool to improve shock absorption capacity and is not mutually exclusive with market risk sharing. This report was prepared in the context of a research project on “The Feasibility and Added Value of a European Unemployment Benefits Scheme”, commissioned by DG EMPL of the European Commission and carried out by a consortium of researchers led by CEPS. It is published by CEPS with the kind permission of the European Commission
    CEPS Papers, Centre for European Policy Studies View citations (2)
12. Is there a need for additional monetary stimulus? Insights from the original Taylor Rule
    CEPS Papers, Centre for European Policy Studies View citations (4)

2015

13. China’s slowdown: When the dragon catches the flu, Europe sneezes
    CEPS Papers, Centre for European Policy Studies
14. The Greek economy is unlikely to benefit from further devaluation
    CEPS Papers, Centre for European Policy Studies
15. The Greek elections and the third bailout programme: Why it could work this time round
    CEPS Papers, Centre for European Policy Studies

2014

16. Enhancing the Legitimacy of EMU Governance
    CEPS Papers, Centre for European Policy Studies View citations (4)
17. Exit State-of-play in Implementing Macroeconomic Adjustment Programmes in the Euro Area
    ROME Working Papers, ROME Network View citations (9)
18. Implementation of the Macroeconomic Adjustment Programmes in the Euro Area: State-of-Play
    CEPS Papers, Centre for European Policy Studies View citations (22)
19. Implications of EU Governance Reforms: Rationale and Practical Application
    ETLA Reports, The Research Institute of the Finnish Economy View citations (4)
20. State-of-Play in Implementing Macroeconomic Adjustment Programmes in the Euro Area
    Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen View citations (18)
    Also in VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy, Verein für Socialpolitik / German Economic Association (2014) View citations (20)
21. The Global Economy in 2030: Trends and Strategies for Europe
    CEPS Papers, Centre for European Policy Studies

2013

22. Brazil and the EU in the Global Economy
    CEPS Papers, Centre for European Policy Studies
23. Country adjustment to a ‘sudden stop’: Does the euro make a difference?
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (16)
    See also Journal Article Country adjustment to a ‘sudden stop’: does the euro make a difference?, International Economics and Economic Policy, Springer (2015) View citations (11) (2015)

2012

24. Central Banks in Times of Crisis: The FED vs. the ECB
    CEPS Papers, Centre for European Policy Studies View citations (13)
25. The Spanish Hangover
    CEPS Papers, Centre for European Policy Studies View citations (3)
26. ‘Grexit’: Who would pay for it?
    CEPS Papers, Centre for European Policy Studies View citations (7)

2011

27. Adjustment Difficulties and Debt Overhangs in the Eurozone Periphery
    CEPS Papers, Centre for European Policy Studies View citations (16)
    Also in Working Papers LuissLab, Dipartimento di Economia e Finanza, LUISS Guido Carli (2011) View citations (10)
28. History repeating itself: From the Argentine default to the Greek tragedy?
    CEPS Papers, Centre for European Policy Studies View citations (2)

2009

29. The Effect of Equity Market Integration on the Transmission Monetary Policy. Evidence from Australia
    IHEID Working Papers, Economics Section, The Graduate Institute of International Studies
30. What lessons from the 1930s?
    MPRA Paper, University Library of Munich, Germany

2007

31. ``Taylored'' Rules. Does One Fit All?
    Keele Economics Research Papers, Centre for Economic Research, Keele University

2006

32. "Taylored rules". Does one fit (or hide) all?
    IHEID Working Papers, Economics Section, The Graduate Institute of International Studies View citations (1)

Journal Articles

2022

1. A Golden Rule for Social Investments: How to Do It
   Intereconomics: Review of European Economic Policy, 2022, 57, (1), 26-32 View citations (1)

2021

2. A Social Dimension for a New Industrial Strategy for Europe
   Intereconomics: Review of European Economic Policy, 2021, 56, (3), 138-144
3. Inflation expectations: models and measures
   Politica economica, 2021, (3), 389-406 View citations (1)

2020

4. Next Generation EU: A Large Common Response to the COVID-19 Crisis
   Intereconomics: Review of European Economic Policy, 2020, 55, (4), 202-203 View citations (4)

2019

5. Economic Integration and Income Convergence in the EU
   Intereconomics: Review of European Economic Policy, 2019, 54, (1), 5-11 View citations (21)

2017

6. The Stabilising Role of US Federal Fiscal Institutions — What Lessons for the Euro Area?
   Intereconomics: Review of European Economic Policy, 2017, 52, (3), 137-142 View citations (2)

2016

7. Macroeconomic adjustment programmes in the euro area: an overall assessment
   International Economics and Economic Policy, 2016, 13, (3), 345-358 View citations (16)

2015

8. Country adjustment to a ‘sudden stop’: does the euro make a difference?
   International Economics and Economic Policy, 2015, 12, (1), 5-20 View citations (11)
   See also Working Paper Country adjustment to a ‘sudden stop’: Does the euro make a difference?, European Economy - Economic Papers 2008 - 2015 (2013) View citations (16) (2013)
9. Currency Interventions: Effective Policy Tool or Shortsighted Gamble?
   Intereconomics: Review of European Economic Policy, 2015, 50, (2), 64-81 View citations (1)

2014

10. Crisis-Induced Fiscal Restructuring in Europe
    Intereconomics: Review of European Economic Policy, 2014, 49, (6), 300-322

2011

11. Great recession versus great depression: monetary, fiscal and banking policies
    Journal of Economic Studies, 2011, 38, (6), 673-690 View citations (2)
12. Policy Regime Changes, Judgment and Taylor rules in the Greenspan Era
    Economica, 2011, 78, (309), 89-107 View citations (49)

2010

13. The impact of the financial crisis on the real economy
    Intereconomics: Review of European Economic Policy, 2010, 45, (1), 4-20 View citations (9)

2009

14. Why Europe will suffer more
    Intereconomics: Review of European Economic Policy, 2009, 44, (4), 255-260 View citations (4)

2002

15. On the Welfare Costs of Exclusion: the Case of Central Eastern Europe
    Rivista di Politica Economica, 2002, 92, (1), 179-208

Chapters

2015

1. The Trade-Off between Fiscal and Competitiveness Adjustments
   Palgrave Macmillan

2011

2. euro zone crisis 2010
   Palgrave Macmillan View citations (4)