Alessandro Rebucci
Last Updated: November 18, 2008Left the IMF on August 29, 2008
Alessandro Rebucci is no longer at the IMF. He was a Senior Economist in the World Economic Studies Division of the IMF Research Department till August 2008. Previously he was an economist in the Modeling Division of the Research Department and the Stand-by Operation Division of the Policy and Development and Review Department. During his 10-year tenure at the Fund, he wrote on monetary policy, global external imbalances, and other international finance issues, publishing both refereed articles and policy and country reports, including three analytical WEO chapters. He co-edited a book on IMF programs and co-organized a research conference on International Macro-Finance. He participated in numerous IMF program and surveillance missions. He was lead reviewer for Brazil and Uruguay douring the 2002 crises. He holds a PhD in economics from the University of London (UK) and a MSc in economics from Bocconi University (Italy).
Fluent In: Italian, Portuguese.
Education:
2002: PhD in economics, Queen Mary College, University of London (London, UK)
1994: MSc in economics, Università Commerciale “L. Bocconi” (Milan, Italy)
1993: Laurea in economic and social sciences, Università Commerciale “L. Bocconi” (Milan, Italy)
Experience:
2006-2008: Senior Economist, World Economic Studies Division, IMF Research Department.
2002-2006: Economist, Economic Modelling Division, IMF Research Department.
2000-2002: Economist, Stand-by Operations Division, IMF Policy Review and Development Department
1998-2000: Economist in the IMF Economist Program, European II Department and Policy Review and Development Department.
Summer 1997: Summer intern, Office of the Chief Economist, Inter-American Development Bank.
1995-1996: Research and Teaching Assistant, Queen Mary College, University of London.
1994-1995: Research and Teaching Assistant, IGIER-Bocconi University.
IMF Books and Working Papers:
Global Imbalances: The Role of Non-TradableTotal Factor Productivity in Advanced Economies, Working Paper No. 09/63, March 01, 2009
Global Imbalances: The Role of Emerging Asia, Working Paper No. 09/64, March 01, 2009
New Shocks, Exchange Rates and EquityPrices, Working Paper No. 08/284, December 01, 2008
Oil Shocks and External Balances, Working Paper No. 07/110, May 01, 2007
IMF-Supported Programs: Recent Staff Research, April 03, 2006
The Domestic and Global Impact of Japan's Policies for Growth, Working Paper No. 05/209, November 01, 2005
Net Foreign Asset Positions and Consumption Dynamics in the International Economy, Working Paper No. 05/82, April 01, 2005
GEM: A New International Macroeconomic Model, Occasional Paper No. 239, November 30, 2004
Measuring Disinflation Credibility in Emerging Markets: A Bayesian Approach with an Application to Turkey, Working Paper No. 04/208, November 01, 2004
The U.S. Dollar and the Trade Deficit: What Accounts for the Late 1990s?, Working Paper No. 03/194, October 01, 2003
Measuring Contagion with a Bayesian Time-Varying Coefficient Model, Working Paper No. 03/171, September 01, 2003
Bayesian VARs: A Survey of the Recent Literature with an Application to the European Monetary System, Working Paper No. 03/102, May 01, 2003
Retail Bank Interest Rate Pass-Through: Is Chile Atypical?, Working Paper No. 03/112, May 01, 2003
On the Heterogeneity Bias of Pooled Estimators in Stationary VAR Specifications, Working Paper No. 03/73, April 01, 2003
The Transmission Mechanism of European Monetary Policy: Is There Heterogeneity? Is it Changing over Time?, Working Paper No. 02/54, March 01, 2002
Monetary Rules for Emerging Market Economies, Working Paper No. 02/34, February 01, 2002
Other IMF Publications
“The Determinants of the Chilean Peso/US Dollar Spot Rate Under the Free Floating Regime: Is there an Argentine Factor? Is there Evidence of Shift-Contagion?” 2002 consultation with Chile (IMF Staff Country Report No. 02/163), September 2002.
“A Note on the Chilean Corporate Sector’s Vulnerability,” (with A. Swiston), 2002 consultation with Chile (IMF Staff Country Report No. 02/163), September 2002.
“Exchange rate Pass-Through, Financial Dollarization, and Monetary Policy Credibility in Uruguay” (with A. Lopez Mejia and C. Saizar), 2007 consultation with Uruguay. Also issued as IMF Occasional Paper No. 239.
"Inflation and Exchange Rate Dynamics in Tajikistan (1996-1999)," IMF Country Report (Tajikistan's 1999 Article IV Consultation--Selected Issues), October 1999.
Contributions to the “Review of Fund Facilities I, II, and III,” IMF Board Papers, March, July, and September, 2000.
Contributions to the “Fundamental Review of the Fund Access Policy in the General Resource Account,” IMF Board Paper, September 2001.
Selected publications in refereed journals and conference volumes
“Net Foreign Asset Positions and Consumption Dynamics in the International Economy,” (with F. Ghironi and T. Ýþcan), forthcoming in the Journal of International Money and Finance.
“Global Imbalances: The Role of Emerging Asia” (with P. Cova and M. Pisani), forthcoming in the Review of International Economics.
"The U.S. Dollar and the Trade Deficit: What Accounts for the Late 1990s?", (joint with B. Hunt), Vol. 8, No. 3, December 2005, pp. 399–434.
"Has The Transmission Mechanism of European Monetary Policy Changed in the Run-up to EMU?" (joint with M. Ciccarelli), European Economic Review, European Economic Review, Volume 50, Issue 3 , April 2006, Pages 737-776.
“Measuring Contagion and Interdependence with a Bayesian Time-Varying Coefficient Model: The Chilean FX Market During the Argentine Crisis,” (with M. Ciccarelli), Journal of Financial Econometrics, Vol 5, No. 2, March 2007, pp. 285-320.
“Measuring Disinflation Credibility in Emerging Markets: A Bayesian Approach with an Application to Turkey’s IMF-Supported Program,” (with Marco Rossi), Economics Bulletin, Vol. 6, No 11, pp. 1-8 , October 2006 (http://economicsbulletin.vanderbilt.edu).
"Retail Bank Interest Rate Pass-Through: Is Chile Atypical?"(joint with M. Espinosa-Vega), in "Banking Industry and Monetary Policy Transmission," Analysis and Economic Policies Series, Vol. 7, October 2003 (Central Bank of Chile: Santiago, Chile)
“Bayesian VARs—A Survey of the Recent Literature with an Application to the European Monetary System,” (joint with M. Ciccarelli), Rivista di Politica Economica, September-October 2003. (Also issued as IMF WP No. 03/102.)
“Is Growth Exogenous? Evidence from the 1970s and the 1980s,” forthcoming in Applied Economics.
“How Might CAFTA Change Macroeconomic Fluctuations in Central America? Lessons from NAFTA,” (joint with M. Ayhan Kose), Journal of Asian Economics, Vol. 16(1), pages 77-104. (Also published as Chapter II of IMF Occasional Paper No. 243.)
Alessandro Rebucci is no longer at the IMF. He was a Senior Economist in the World Economic Studies Division of the IMF Research Department till August 2008. Previously he was an economist in the Modeling Division of the Research Department and the Stand-by Operation Division of the Policy and Development and Review Department. During his 10-year tenure at the Fund, he wrote on monetary policy, global external imbalances, and other international finance issues, publishing both refereed articles and policy and country reports, including three analytical WEO chapters. He co-edited a book on IMF programs and co-organized a research conference on International Macro-Finance. He participated in numerous IMF program and surveillance missions. He was lead reviewer for Brazil and Uruguay douring the 2002 crises. He holds a PhD in economics from the University of London (UK) and a MSc in economics from Bocconi University (Italy).
Fluent In: Italian, Portuguese.
Education:
2002: PhD in economics, Queen Mary College, University of London (London, UK)
1994: MSc in economics, Università Commerciale “L. Bocconi” (Milan, Italy)
1993: Laurea in economic and social sciences, Università Commerciale “L. Bocconi” (Milan, Italy)
Experience:
2006-2008: Senior Economist, World Economic Studies Division, IMF Research Department.
2002-2006: Economist, Economic Modelling Division, IMF Research Department.
2000-2002: Economist, Stand-by Operations Division, IMF Policy Review and Development Department
1998-2000: Economist in the IMF Economist Program, European II Department and Policy Review and Development Department.
Summer 1997: Summer intern, Office of the Chief Economist, Inter-American Development Bank.
1995-1996: Research and Teaching Assistant, Queen Mary College, University of London.
1994-1995: Research and Teaching Assistant, IGIER-Bocconi University.
IMF Books and Working Papers:
Global Imbalances: The Role of Non-TradableTotal Factor Productivity in Advanced Economies, Working Paper No. 09/63, March 01, 2009
Global Imbalances: The Role of Emerging Asia, Working Paper No. 09/64, March 01, 2009
New Shocks, Exchange Rates and EquityPrices, Working Paper No. 08/284, December 01, 2008
Oil Shocks and External Balances, Working Paper No. 07/110, May 01, 2007
IMF-Supported Programs: Recent Staff Research, April 03, 2006
The Domestic and Global Impact of Japan's Policies for Growth, Working Paper No. 05/209, November 01, 2005
Net Foreign Asset Positions and Consumption Dynamics in the International Economy, Working Paper No. 05/82, April 01, 2005
GEM: A New International Macroeconomic Model, Occasional Paper No. 239, November 30, 2004
Measuring Disinflation Credibility in Emerging Markets: A Bayesian Approach with an Application to Turkey, Working Paper No. 04/208, November 01, 2004
The U.S. Dollar and the Trade Deficit: What Accounts for the Late 1990s?, Working Paper No. 03/194, October 01, 2003
Measuring Contagion with a Bayesian Time-Varying Coefficient Model, Working Paper No. 03/171, September 01, 2003
Bayesian VARs: A Survey of the Recent Literature with an Application to the European Monetary System, Working Paper No. 03/102, May 01, 2003
Retail Bank Interest Rate Pass-Through: Is Chile Atypical?, Working Paper No. 03/112, May 01, 2003
On the Heterogeneity Bias of Pooled Estimators in Stationary VAR Specifications, Working Paper No. 03/73, April 01, 2003
The Transmission Mechanism of European Monetary Policy: Is There Heterogeneity? Is it Changing over Time?, Working Paper No. 02/54, March 01, 2002
Monetary Rules for Emerging Market Economies, Working Paper No. 02/34, February 01, 2002
Other IMF Publications
“The Determinants of the Chilean Peso/US Dollar Spot Rate Under the Free Floating Regime: Is there an Argentine Factor? Is there Evidence of Shift-Contagion?” 2002 consultation with Chile (IMF Staff Country Report No. 02/163), September 2002.
“A Note on the Chilean Corporate Sector’s Vulnerability,” (with A. Swiston), 2002 consultation with Chile (IMF Staff Country Report No. 02/163), September 2002.
“Exchange rate Pass-Through, Financial Dollarization, and Monetary Policy Credibility in Uruguay” (with A. Lopez Mejia and C. Saizar), 2007 consultation with Uruguay. Also issued as IMF Occasional Paper No. 239.
"Inflation and Exchange Rate Dynamics in Tajikistan (1996-1999)," IMF Country Report (Tajikistan's 1999 Article IV Consultation--Selected Issues), October 1999.
Contributions to the “Review of Fund Facilities I, II, and III,” IMF Board Papers, March, July, and September, 2000.
Contributions to the “Fundamental Review of the Fund Access Policy in the General Resource Account,” IMF Board Paper, September 2001.
Selected publications in refereed journals and conference volumes
“Net Foreign Asset Positions and Consumption Dynamics in the International Economy,” (with F. Ghironi and T. Ýþcan), forthcoming in the Journal of International Money and Finance.
“Global Imbalances: The Role of Emerging Asia” (with P. Cova and M. Pisani), forthcoming in the Review of International Economics.
"The U.S. Dollar and the Trade Deficit: What Accounts for the Late 1990s?", (joint with B. Hunt), Vol. 8, No. 3, December 2005, pp. 399–434.
"Has The Transmission Mechanism of European Monetary Policy Changed in the Run-up to EMU?" (joint with M. Ciccarelli), European Economic Review, European Economic Review, Volume 50, Issue 3 , April 2006, Pages 737-776.
“Measuring Contagion and Interdependence with a Bayesian Time-Varying Coefficient Model: The Chilean FX Market During the Argentine Crisis,” (with M. Ciccarelli), Journal of Financial Econometrics, Vol 5, No. 2, March 2007, pp. 285-320.
“Measuring Disinflation Credibility in Emerging Markets: A Bayesian Approach with an Application to Turkey’s IMF-Supported Program,” (with Marco Rossi), Economics Bulletin, Vol. 6, No 11, pp. 1-8 , October 2006 (http://economicsbulletin.vanderbilt.edu).
"Retail Bank Interest Rate Pass-Through: Is Chile Atypical?"(joint with M. Espinosa-Vega), in "Banking Industry and Monetary Policy Transmission," Analysis and Economic Policies Series, Vol. 7, October 2003 (Central Bank of Chile: Santiago, Chile)
“Bayesian VARs—A Survey of the Recent Literature with an Application to the European Monetary System,” (joint with M. Ciccarelli), Rivista di Politica Economica, September-October 2003. (Also issued as IMF WP No. 03/102.)
“Is Growth Exogenous? Evidence from the 1970s and the 1980s,” forthcoming in Applied Economics.
“How Might CAFTA Change Macroeconomic Fluctuations in Central America? Lessons from NAFTA,” (joint with M. Ayhan Kose), Journal of Asian Economics, Vol. 16(1), pages 77-104. (Also published as Chapter II of IMF Occasional Paper No. 243.)