Walter Paternesi Meloni

Walter Paternesi Meloni is currently post-doctoral research fellow in Economics at Roma Tre University, where he completed his PhD program in 2016 with a dissertation on the competitiveness issue in the Eurozone context. Since 2013, he has been a teaching assistant in the courses of Microeconomics and Economic Policy – Department of Economics, Roma Tre. During his doctoral studies he has taken part in international conferences where he presented his contributions (empirical and policy-relevant works) and he has been involved in drafting institutional reports on the economy of Italian metropolitan areas issued by the Presidency of the Council of Ministers, Department for Regional Development. 

His actual research interests are in the broad field of applied macroeconomics – with a particular focus on the determination of output, unemployment and income distribution from a demand-led growth perspective – and mainly related to fiscal policy, labour market and international trade.

By this expert

Macroeconomics and the Italian Vote

Article | Aug 6, 2018

To understand the rise of the League and 5 Star Movement, look at economic indicators

Persistent Effects of Autonomous Demand Expansions

Paper Working paper series | | Feb 2018

The prevailing wisdom that aggregate demand shocks determine short-run cyclical fluctuations around a supply-determined equilibrium growth rate and an associated equilibrium unemployment rate (or NAIRU) has been called into question by various strands of literature over the last few decades. Specifically, a recently revived literature on hysteresis finds significant persistence in the effects of negative aggregate demand shocks (e.g. Blanchard et al. 2015; Fatás and Summers 2016; Martin et al. 2015).

When Demand Shapes Supply

Article | Feb 11, 2018

Contrary to the neoclassical model’s assumptions, shifts in aggregate demand have persistent effects on GDP

Persistent Effects of Autonomous Demand Expansions

Paper Working Paper Series | | Feb 2018

The prevailing wisdom that aggregate demand ‘shocks’ determine short-run cyclical fluctuations around a supply-determined equilibrium growth rate and an associated equilibrium unemployment rate (or NAIRU) has been called into question by various streams of literature in the last decades. Specifically, a recently revived literature on hysteresis finds significant persistence in the effects of recessions and negative aggregate demand shocks (Blanchard et al. 2015; Martin et al. 2015).

Featuring this expert

Reawakening

From the Origins of Economic Ideas to the Challenges of Our Time

Event Plenary | Oct 21–23, 2017

INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.