Details about Roberto Tamborini

Homepage:	https://webapps.unitn.it/du/en/Persona/PER0003543/Curriculum
Workplace:	Dipartimento di Economia e Management (Department of Economics and Management), Università degli Studi di Trento (University of Trento), (more information at EDIRC)

Access statistics for papers by Roberto Tamborini.

Last updated 2024-05-07. Update your information in the RePEc Author Service.

Short-id: pta3

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Working Papers

2024

1. When Should Central Banks Fear Inflation Expectations?
   CESifo Working Paper Series, CESifo

2022

2. Inflation Surprises in a New Keynesian Economy with a True Consumption Function
   CESifo Working Paper Series, CESifo
   See also Journal Article Inflation surprises in a New Keynesian economy with a “true” consumption function, Economic Inquiry, Western Economic Association International (2024) (2024)
3. The ECB and the Ukraine war: threats to price, economic and financial stability
   DEM Working Papers, Department of Economics and Management View citations (5)
4. The Eurozone as an Inflation Target Zone
   CESifo Working Paper Series, CESifo View citations (1)

2021

5. Is High Inflation the New Challenge for Central Banks?
   DEM Working Papers, Department of Economics and Management View citations (2)
6. Monetary and Fiscal Spillovers Across the Atlantic: The Role of Financial Markets
   DEM Working Papers, Department of Economics and Management View citations (1)
7. The Existential Trilemma of EMU in a Model of Fiscal Target Zone
   EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
   Also in DEM Working Papers, Department of Economics and Management (2021)
8. Unconventional Policy Instruments and Transmission Channels:A State-Contingent Toolbox for the ECB
   DEM Working Papers, Department of Economics and Management View citations (2)
9. What to expect from inflation expectations: theory, empirics and policy issues
   DEM Working Papers, Department of Economics and Management

2020

10. COVID-19 and the Future of Quantitative Easing in the Euro Area: Three Scenarios with a Trilemma
    DEM Working Papers, Department of Economics and Management View citations (7)
11. Phillips Curve and output expectations: New perspectives from the Euro Zone
    DEM Working Papers, Department of Economics and Management View citations (2)
12. When does public debt impair economic growth? A literature review in search of a theory
    DEM Working Papers, Department of Economics and Management View citations (2)

2019

13. Balanced-Budget Fiscal Stimuli of Investment and Welfare Value
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
    Also in DEM Working Papers, Department of Economics and Management (2019)
14. Current Account Imbalances and the Euro Area: Alternative Views
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (1)
    Also in DEM Working Papers, Department of Economics and Management (2019) View citations (1)
15. Monetary Policy, rational confidence, and Neo- Fisherian depressions
    DEM Working Papers, Department of Economics and Management
    See also Journal Article Monetary policy, rational confidence, and Neo‐Fisherian depressions, Metroeconomica, Wiley Blackwell (2022) (2022)
16. The determinants of austerity in the European Union 2010-16
    DEM Working Papers, Department of Economics and Management View citations (2)
    See also Journal Article The determinants of austerity in the European Union 2010–16, The North American Journal of Economics and Finance, Elsevier (2020) (2020)

2018

17. Macroeconomic Imbalances and the Euro Zone. Alternative Views
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
18. Monetary policy, de-anchoring of inflation expectations, and the 'new normal'
    DEM Working Papers, Department of Economics and Management View citations (2)
    See also Journal Article Monetary policy, de-anchoring of inflation expectations, and the “new normal”, Journal of Macroeconomics, Elsevier (2019) View citations (13) (2019)
19. Which Role for a European Minister of Economy and Finance in a European Fiscal Union?
    EconPol Policy Reports, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (5)

2017

20. Europe at the Interdependence War
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
21. It’s not austerity. Or is it? Assessing the effect of austerity on growth in Europe, 2010-15
    DEM Working Papers, Department of Economics and Management View citations (3)
22. The Future of Eurozone Fiscal Governance
    EconPol Policy Reports, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (5)
23. We need more Europe in the Monetary Union. Which Europe? Hints from policy games
    EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (2)
24. Why are Macroeconomic Imbalances so Important for the European Monetary Union?
    EconPol Policy Brief, ifo Institute - Leibniz Institute for Economic Research at the University of Munich
25. Why is Europe engaged in an inter- dependence war, and how can it be stopped?
    DEM Working Papers, Department of Economics and Management View citations (1)

2016

26. "Completing Europe's Economic and Monetary Union": Any support from the citizens?
    Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel)
    See also Journal Article "Completing Europe's eonomic and Monetary Union": Any support from the citizens?, Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel) (2017) View citations (1) (2017)
27. How can it work ? On the impact of quantitative easing in the Eurozone
    SciencePo Working papers Main, HAL
    Also in LEAP Working Papers, Luiss Institute for European Analysis and Policy (2016) View citations (4)
    SciencePo Working papers Main, HAL (2015)
    DEM Working Papers, Department of Economics and Management (2015) View citations (5)
    Working Papers, HAL (2015) View citations (5)
    Working Papers, HAL (2016) View citations (1)
28. The ''obscure puzzle'' of management control. Any remedy?
    DEM Working Papers, Department of Economics and Management

2015

29. Europe's Great Divide. A geo-economic-political map
    LEQS – LSE 'Europe in Question' Discussion Paper Series, European Institute, LSE

2014

30. Sustainability vs. credibility of fiscal consolidation. A Principal Components test for the Euro Zone
    DEM Discussion Papers, Department of Economics and Management View citations (1)

2013

31. Transatlantic austerity 2010-
    DEM Discussion Papers, Department of Economics and Management View citations (4)

2012

32. Market opinions, fundamentals and the euro-sovereign debt crisis
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (2)

2011

33. Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment
    Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (6)
    See also Journal Article Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment, Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel) (2012) View citations (4) (2012)
34. The new rules of the Stability and Growth Pact. Threats from heterogeneity and interdependence
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (4)

2010

35. Monetary policy through the �credit-cost channel�. Italy and Germany pre and post-EMU
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia

2009

36. The Two Triangles: what did Wicksell and Keynes know about macroeconomics that modern economists do not (consider)?
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (12)

2008

37. The "Credit-Cost Channel" of Monetary Policy. A Theoretical Assessment
    Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel)
    See also Journal Article The "Credit-Cost Channel" of Monetary Policy. A Theoretical Assessment, Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel) (2009) (2009)
38. The macroeconomics of imperfect capital markets. Whither saving-investment imbalances?
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (2)
    See also Chapter The Macroeconomics of Imperfect Capital Markets: Whither Saving-Investment Imbalances?, Contributions to Economics, Springer (2010) (2010)

2007

39. Rescuing the LM (and the money market) in a modern Macro course
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia

2006

40. Back to Wicksell? In search of the foundations of practical monetary policy
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (6)
41. Monetary policy through the �credit-cost channel�. Italy and Germany
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (1)

2005

42. Fiscal and monetary policy, unfortunate events, and the SGP arithmetics - Evidence from a growth-gaps model
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia
43. Why does money matter? A structural analysis of monetary policy, credit and aggregate supply effects in Italy
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (2)

2004

44. The economic consequences of Mr. G.W. Bush's foreign policy. can the us afford it?
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (13)

2003

45. Il contratto della docenza universitaria. Un problema multi-tasking
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (1)
    See also Journal Article Il contratto della docenza universitaria. Un problema multi-tasking, Rivista italiana degli economisti, Società editrice il Mulino (2006) View citations (1) (2006)

2002

46. Firms� bankruptcy and turnover in a macroeconomy
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (13)
47. One "monetary giant" with many "fiscal dwarfs": The efficiency of macroeconomic stabilization policies in the European Monetary Union
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (14)
    See also Chapter One ‘Monetary Giant’ with Many ‘Fiscal Dwarfs’: The Efficiency of Macroeconomic Stabilization Policies in the European Monetary Union, International Economic Association Series, Palgrave Macmillan (2004) (2004)

2001

48. The monetary transmission mechanism in Italy: the credit channel and a missing ring
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (18)
    See also Journal Article The Monetary Transmission Mechanism in Italy: The Credit Channel and a Missing Ring, Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University (2001) View citations (19) (2001)

2000

49. From Kuwait to Kosovo: what have we learned; reflections on globalization and peace
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (13)
50. Monetary policy, credit and aggregate supply: the evidence from Italy
    General Economics and Teaching, University Library of Munich, Germany
    Also in Department of Economics Working Papers, Department of Economics, University of Trento, Italia (1998) View citations (3)
    See also Journal Article Monetary Policy, Credit and Aggregate Supply: The Evidence from Italy, Economic Notes, Banca Monte dei Paschi di Siena SpA (2002) View citations (4) (2002)

1997

51. A Stability Pact for the EMU?
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia
52. A macroeconomic model of bankruptcy
    CEEL Working Papers, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia
53. An Investigation into the New Keynesian Macroeconomics of Imperfect Capital Markets
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (1)
    See also Chapter An Investigation into the New Keynesian Macroeconomics of Imperfect Capital Markets, Chapters, Edward Elgar Publishing (1999) (1999)
54. Il costo del denaro � uno strumento anti-inflazionistico?
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (1)

1993

55. A Learning Experiment with Classifier System: the Determinants of the Dollar-Mark Exchange Rate
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia

1991

56. Scelte di consumo, qualit� incerta e razionalit� limitata
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (1)
57. The World Tranfer Problem. Capital Flows and the Adjustment of Payments
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (2)

1990

58. Exchange Rate Changes and Price Determination in Polypolistic Markets
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (11)
59. Towards a Consistent Characterization of the Financial Economy
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia View citations (1)

1989

60. Knowledge and Prediction of Economic Behaviour: Towards A Constructivist Approach
    Department of Economics Working Papers, Department of Economics, University of Trento, Italia

Journal Articles

2024

1. Inflation surprises in a New Keynesian economy with a “true” consumption function
   Economic Inquiry, 2024, 62, (3), 1192-1215
   See also Working Paper Inflation Surprises in a New Keynesian Economy with a True Consumption Function, CESifo Working Paper Series (2022) (2022)

2023

2. Does an inflation target zone help or hinder price stability?
   Economic Modelling, 2023, 129, (C)

2022

3. Beware of Pitfalls in the European Central Bank’s Review of Monetary Policy Strategy
   The Economists' Voice, 2022, 19, (1), 15-23 View citations (1)
4. Cyclical signals from the labor market
   Oxford Open Economics, 2022, 1, 1-16 View citations (3)
5. Do balanced-budget fiscal stimuli of investment increase its economic value?
   German Economic Review, 2022, 23, (2), 157-179
6. High Inflation: Is It the New Challenge for the Main Central Banks?
   Rivista Internazionale di Scienze Sociali, 2022, 130, (1), 3-28 View citations (2)
7. Inflation puzzles, the Phillips Curve and output expectations: new perspectives from the Euro Zone
   Empirica, 2022, 49, (1), 123-153 View citations (3)
8. Monetary policy, rational confidence, and Neo‐Fisherian depressions
   Metroeconomica, 2022, 73, (4), 1179-1199
   See also Working Paper Monetary Policy, rational confidence, and Neo- Fisherian depressions, DEM Working Papers (2019) (2019)

2021

9. Current account imbalances and the Euro Area. Controversies and policy lessons
   Economia Politica: Journal of Analytical and Institutional Economics, 2021, 38, (1), 203-234 View citations (2)
10. Introduction
    Politica economica, 2021, (3), 273-288

2020

11. Quantitative easing in a monetary union
    Oxford Economic Papers, 2020, 72, (1), 124-148 View citations (7)
12. The determinants of austerity in the European Union 2010–16
    The North American Journal of Economics and Finance, 2020, 51, (C)
    See also Working Paper The determinants of austerity in the European Union 2010-16, DEM Working Papers (2019) View citations (2) (2019)

2019

13. It's not austerity. Or is it? Assessing the effect of austerity on growth in the European Union, 2010-15
    International Review of Economics & Finance, 2019, 62, (C), 196-212 View citations (4)
14. Models of supranational policymaking and the reform of the EMU
    Journal of Policy Modeling, 2019, 41, (5), 819-844 View citations (3)
15. Monetary policy, de-anchoring of inflation expectations, and the “new normal”
    Journal of Macroeconomics, 2019, 61, (C), - View citations (13)
    See also Working Paper Monetary policy, de-anchoring of inflation expectations, and the 'new normal', DEM Working Papers (2018) View citations (2) (2018)

2017

16. "Completing Europe's eonomic and Monetary Union": Any support from the citizens?
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2017, 11, 1-26 View citations (1)
    See also Working Paper "Completing Europe's Economic and Monetary Union": Any support from the citizens?, Economics Discussion Papers (2016) (2016)

2016

17. New Institutions for an Effective EU and EMU Governance: A Brief Introduction
    Politica economica, 2016, (3), 375-386 View citations (1)

2015

18. Heterogeneous Market Beliefs, Fundamentals and the Sovereign Debt Crisis in the Eurozone
    Economica, 2015, 82, 1153-1176 View citations (20)
19. Sustainability vs credibility of fiscal consolidation
    Journal of Risk Finance, 2015, 16, (3), 321-343

2014

20. Interest-Rate Spread and Public-Debt Dynamics in a Two-Country Monetary-Union Portfolio Model
    Open Economies Review, 2014, 25, (2), 243-261 View citations (5)
21. What Happens behind the New Keynesian IS? Technical Notes
    Rivista italiana degli economisti, 2014, (2), 203-226 View citations (5)
22. Wicksell, Keynes, and the New Neoclassical Synthesis: What Can We Learn for Monetary Policy?
    Economic Notes, 2014, 43, (2), 79-114 View citations (10)

2013

23. Monetary policy through the ‘credit-cost channel’: Italy and Germany pre- and post-EMU
    Applied Economics, 2013, 45, (29), 4095-4113 View citations (2)
24. The new fiscal rules for the EMU. Threats from heterogeneity and interdependence
    European Journal of Comparative Economics, 2013, 10, (3), 415-436 View citations (16)

2012

25. Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2012, 6, 1-47 View citations (4)
    See also Working Paper Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment, Economics Discussion Papers (2011) View citations (6) (2011)

2011

26. If the Financial System Is Complex, How Can We Regulate It?
    International Journal of Political Economy, 2011, 40, (2), 79-97 View citations (2)

2010

27. MONETARY POLICY WITH INVESTMENT–SAVING IMBALANCES
    Metroeconomica, 2010, 61, (3), 473-509 View citations (8)

2009

28. The "Credit-Cost Channel" of Monetary Policy. A Theoretical Assessment
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2009, 3, 1-23
    See also Working Paper The "Credit-Cost Channel" of Monetary Policy. A Theoretical Assessment, Economics Discussion Papers (2008) (2008)

2007

29. Firm value, illiquidity risk and liquidity insurance
    Journal of Banking & Finance, 2007, 31, (1), 103-120 View citations (8)

2006

30. Il contratto della docenza universitaria. Un problema multi-tasking
    Rivista italiana degli economisti, 2006, (1), 3-26 View citations (1)
    See also Working Paper Il contratto della docenza universitaria. Un problema multi-tasking, Department of Economics Working Papers (2003) View citations (1) (2003)

2004

31. "Set a Sufficiently Ambitious Budget Target and Let the Automatic Stabilizers Work". Will it Really Work in the European Monetary Union?
    Open Economies Review, 2004, 15, (2), 143-168 View citations (9)

2002

32. Monetary Policy, Credit and Aggregate Supply: The Evidence from Italy
    Economic Notes, 2002, 31, (3), 451-491 View citations (4)
    See also Working Paper Monetary policy, credit and aggregate supply: the evidence from Italy, General Economics and Teaching (2000) (2000)

2001

33. Living in EMU: Prices, Interest Rates and the Adjustment of Payments in a Monetary Union
    Journal of Common Market Studies, 2001, 39, (1), 123-146 View citations (15)
34. The Monetary Transmission Mechanism in Italy: The Credit Channel and a Missing Ring
    Giornale degli Economisti, 2001, 60, (1), 1-42 View citations (19)
    See also Working Paper The monetary transmission mechanism in Italy: the credit channel and a missing ring, Department of Economics Working Papers (2001) View citations (18) (2001)

2000

35. Strange S. (1998), Denaro impazzito. I mercati finanziari: presente e futuro
    Economia politica, 2000, (1), 153-158

1999

36. Climate Change, Catastrophic Environmental Effects and Overlapping Generations
    Rivista italiana degli economisti, 1999, (3), 335-358 View citations (3)

1997

37. A learning-to-forecast experiment on the foreign exchange market with a classifier system
    Journal of Economic Dynamics and Control, 1997, 21, (8-9), 1543-1575 View citations (11)
38. Dal Rapporto Delors al Trattato di Maastricht e oltre. Cos'hanno da dire gli economisti?
    Economia politica, 1997, (3), 361-376
39. Knowledge and economic behaviour. A constructivist approach
    Journal of Evolutionary Economics, 1997, 7, (1), 49-72 View citations (2)
40. Living in the EMU. The Dynamics of the Maastricht Treaty's Fiscal Rules
    Rivista italiana degli economisti, 1997, (3), 335-360 View citations (3)

1995

41. Fallibility, Precautionary Behaviour and the New Keynesian Monetary Theory
    Scottish Journal of Political Economy, 1995, 42, (4), 443-64 View citations (2)
42. PRICE DETERMINATION IN POLYPOLISTIC MARKETS AND EXCHANGE RATE CHANGES
    Metroeconomica, 1995, 46, (1), 63-89

Chapters

2021

1. The Future of the Eurozone: A Reflection Paper on the North/South Divide
   Springer

2010

2. The Macroeconomics of Imperfect Capital Markets: Whither Saving-Investment Imbalances?
   Springer
   See also Working Paper The macroeconomics of imperfect capital markets. Whither saving-investment imbalances?, Department of Economics, University of Trento, Italia (2008) View citations (2) (2008)

2009

3. Keynes in the Computer Laboratory. An Agent-Based Model with MEC, MPC, LP
   Springer View citations (1)
4. Rescuing the LM Curve (and the Money Market) in a Modern Macro Course
   Palgrave Macmillan

2007

5. Monetary Policy with Firms’ Bank Dependence and Default Risk
   Palgrave Macmillan

2006

6. The Crisis of the Stability Pact and a Proposal
   Chapter 10 in Growth and Economic Development, 2006

2004

7. One ‘Monetary Giant’ with Many ‘Fiscal Dwarfs’: The Efficiency of Macroeconomic Stabilization Policies in the European Monetary Union
   Palgrave Macmillan
   See also Working Paper One "monetary giant" with many "fiscal dwarfs": The efficiency of macroeconomic stabilization policies in the European Monetary Union, Department of Economics, University of Trento, Italia (2002) View citations (14) (2002)

1999

8. An Investigation into the New Keynesian Macroeconomics of Imperfect Capital Markets
   Chapter 2 in Financial Constraints and Market Failures, 1999, pp 81-104
   See also Working Paper An Investigation into the New Keynesian Macroeconomics of Imperfect Capital Markets, Department of Economics, University of Trento, Italia (1997) View citations (1) (1997)