Second Edition
Sapienza Macro Days
May 22-23, 2025
Venues: Facoltà di Economia, via del Castro Laurenziano 9, and Facoltà di Scienze Politiche, Sociologia, Comunicazione, piazzale Aldo Moro 5, Rome.
May 22, 2025 Sala Lauree, Facoltà di Economia, via del Castro Laurenziano 9
Registration and welcome address
Session 1: Household Heterogeneity
Chair: Cristiano Cantore (Sapienza University of Rome)
"Optimal Monetary Policy during a Cost-of-Living Crisis"
Vincent Sterk (University College London)
Discussant: Alessandro Lin (Banca d'Italia)
"International Risk Sharing and the Transmission of Shocks Redux"
Edouard Challe (Paris School of Economics)
Discussant: Cosimo Petracchi (Tor Vergata)
Coffee Break
Session 2: Fiscal Policy
Chair: Salvatore Nisticò (Sapienza University of Rome)
"Fiscal Requirements for Price Stability When Households are not Ricardian"
Anna Rogantini Picco (ECB)
Discussant: Sara Casella (EIEF & Luiss)
"Fiscal Stagnation"
Luca Fornaro (CREI)
Discussant: Alessandro Piergallini (Tor Vergata)
Dinner at La Limonaia (invitation only)
May 23, 2025 Sala Lauree, Facoltà di Scienze Politiche, Sociologia, Comunicazione, piazzale Aldo Moro 5
Session 3: Macroeconometrics
Chair: Carolina Serpieri (Sapienza University of Rome)
"Higher-Order Moment Inequality Restrictions for SVARs"
Filippo Ferroni (Università di Bologna)
Discussant: Giuseppe Ragusa (Sapienza University of Rome)
"The Systematic Origins of Monetary Policy Shocks"
Klodiana Istrefi (Banque de France)
Discussant: Giacomo Mangiante (Banca d'Italia)
Coffee Break
Keynote Lecture
"Does the transmission of monetary policy shocks change when inflation is high?"
Fabio Canova
Lunch at La Limonaia (invitation only)