Filippo Taddei

Filippo Taddei

Associate Professor of the Practice of International Economics
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk
International Economics

SAIS Europe

Expertise

Regions
  • Europe
  • Italy
Topics
  • Economics
  • International Finance
Languages
  • Italian
Macroeconomics, Credit Markets, International Economics

Background and Education

Dr. Taddei's academic research focuses on macroeconomics, international finance and the relationship between the labor market and the pension system. For his academic contributions, he was awarded the Lamfalussy Fellowship by the European Central Bank and the Young Economist Award by the European Economic Association. He teaches macroeconomics and international finance.

Taddei has over a decade of experience as a policymaker and senior advisor, with a specific focus on labor and credit markets. From 2013 to 2017, he served as Economic and Labor Affairs Spokesperson of the ruling Partito Democratico (Italian Democratic Party), reporting directly to the Italian Prime Minister. In this capacity, Taddei was one of the main architects of the Italian labor market reform in 2014-15. Previously, he was a policy expert and consultant on labor market policies to the International Labour Organization, the European Commission, and several multinational companies. He earned his PhD in Economics with distinction from Columbia University and his Laurea cum laude from the University of Bologna

Publications: "Financial Frictions, International Capital Flow and Welfare," in EC Working Paper, July 2018; "Intergenerational Altruism and House Prices: evidence from bequest tax reforms in Italy," with G. Bellettini and G. Zanella, European Economic Review (Lead Article), Volume 92, 1-12, February 2017; "Innovation, Growth and Aggregate Volatility from a Bayesian Non Parametric Perspective," with A. Lijoi, P. Muliere and I. Pruenster, Electronic Journal of Statistics, vol. 10, no. 2, (2016); "Bequest Taxes, Donations, and House Prices," with G. Bellettini and G. Zanella, BE Journal of Macroeconomics (2013); "International Capital Flows and Credit Market Imperfections: a Tale of Two Frictions," with A. Martin, Journal of International Economics (2013); "Italy: A Dual Labor Market in Transition," with P. Garibaldi, ILO Employment Working Paper 144 (2013); "Exchangeable Random Partitions for Statistical and Economic Modelling," with A. Lijoi, P. Muliere and I. Pruenster, Atti Convegno su Economia e Incertezza, EUT-Edizioni Università di Trieste (2010).

Working Papers: "Indexed Sovereign Debt: An Applied Framework," Working Paper, with L. Bertinatto, D. Gomtsyan, G. Sandleris and H. Sapriza (2017); "Age Before Beauty? Productivity and Work vs. Seniority and Early Retirement," with G. Mastrobuoni (2013); "Liquidity and Economic Fluctuations" (2012).

For a recent curriculum vitae including a full list of publications, see personal webpage


Fall 2018 
Investigates th...
Investigates the determinants of national aggregate income, employment, business cycles and the rate of growth. Evaluates alternative policies for influencing various macroeconomic variables.
Fall 2018 
This course is ...

This course is a graduate level course in macroeconomics and international finance. The main objectives of the course are: (1) refresh the basis for understanding how the economy works at the aggregate level, and how production, employment, prices and interest rates are jointly determined; (2) study how different economies interact and depend on one another emphasizing the role of capital markets. We will specifically analyze how exchange rates are determined and when and why capital moves from one country to another. By studying a framework that analyzes the economic interaction of individuals, we will develop the theoretical and empirical foundations to consider the various macroeconomic policies affecting economic activity. The course provides a perspective that facilitates a rigorous analysis of macroeconomic risk and introduces the most debated issues in international macroeconomics: sovereign debt and risk, currency unions, global imbalances and the financial crisis of 2007-08.

Spring 2019 
International M...
International Monetary Theory focuses on international financial flows and balance of payments, exchange rate determination and systems, open-economy macroeconomics, and several topics related with global financial interdependence among developed and developing countries. International Monetary Theory is designed to give students a strong foundation in theory and practice of international finance and to explore emerging topics of interest such as exchange rate and balance of payments crises in developing countries, global balance of payments disequilibrium, international financial architecture and monetary unions.
September 7, 2017 
Filippo Taddei,...

Filippo Taddei, Fellow
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk, spoke at the 2017 European Forum Alpbach "The Alpbach Debate: the future of the Euro ."

September 5, 2017 
Filippo Taddei,...

Filippo Taddei, Fellow
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk, is interviews on Trend in an article entitled "Treichl: "Wir verstehen die EU nicht gut genug, um ihr mehr Macht zu geben" (in German)."

August 22, 2017 
Filippo Taddei,...

Filippo Taddei, Fellow
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk, is quoted on Sohu in an article titled "?????????????"???"??? (in Chinese)."

March 5, 2017 
Filippo Taddei,...

Filippo Taddei, Fellow
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk, is interviewed in the Khaleej Times in an article entitled "Europe is turning around as economies grow faster."

March 2, 2016 
Filippo Taddei,...

Filippo Taddei, Fellow
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk, is quoted on Bloomberg in an article entitled "Banks Bloated on Sovereign Debt weaken Italy in row with Germany."

September 14, 2015 
Filippo Taddei,...

Filippo Taddei, Fellow
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk, is interviewed by the Chicago Tribune in an article entitled "Italy may seek up to 10.5 billion euros in EU flexibility."

September 14, 2015 
Filippo Taddei,...

Filippo Taddei, Fellow
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk, is interviewed on Bloomberg.com in an article entitled "Italy Bad Bank Sparks U.S. Investor Interest."

August 3, 2015 
Filippo Taddei,...

Filippo Taddei, Assistant Professor of Economics
Director of the Bologna Institute for Policy Research, is interviewed by L'Espresso in an article entitled, "Con le nostre riforme vantaggi maggiori dei costi (in Italian)."

July 24, 2015 
Filippo Taddei,...

Filippo Taddei, Fellow
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk, is interviewed on La Repubblica in an article entitled "Non farei il taglio della tassa sulla prima casa. Prioritario investire (in Italian)."

July 14, 2015 
Filippo Taddei,...

Filippo Taddei, Fellow
Director of the Bologna Institute for Policy Research
Academic Director, Master of Arts in Global Risk, commented in a press release of the Italian Democratic Party entitled "Jobs Act: nostro impegno è aiutare il lavoratore nel momento del bisogno (in Italian)."