## FRANCESCA G. CASELLI ## Source details **Canonical URL:** [FRANCESCA G. CASELLI](https://www.imf.org/-/media/files/cv/pdfs/francesca-caselli.pdf) ## Other formats - [Markdown version](/-/media/files/cv/pdfs/francesca-caselli.pdf.md) - [Structured JSON version](/-/media/files/cv/pdfs/francesca-caselli.pdf.json) --- ### Contact and Personal Details - International Monetary Fund, 700 19th Street NW, 20431, Washington DC, USA - https://sites.google.com/site/francescagaiacaselli/ - DoB: February 9, 1984 - Nationality: Italian - fcaselli@imf.org ### Current Position - International Monetary Fund - Economist - Research Department Sep 2018 - present - Economist (Economist Program) - Research Department Mar 2017 - Sep 2018 - Economist (Economist Program) - European Department Sep 2015 - Mar 2017 ### Previous Experience - International Monetary Fund - Internship - European Department Jun - Sep 2014 - Bank of Italy - Internship - Economic Research and Intl. Relations Area Jun - Sep 2013 - OECD - Consultancy - Science, Technology and Industry Department Feb 2011 - Internship - Science, Technology and Industry Department Jun - Sep 2010 ### Education - Ph.D. in International Economics, 2011 - 2015, The Graduate Institute, Geneva, Switzerland - M.Sc. in International Economics, 2009 - 2011, The Graduate Institute, Geneva, Switzerland - M.Sc. in Political Science and International Relations, 2006 - 2009, Universit`a Cattolica del Sacro Cuore, Milano, Italy - B.A. in Political Science and International Relations, 2003 - 2006, Universit`a Cattolica del Sacro Cuore, Milano, Italy ### Research Interests - International Economics, Applied Econometrics, and International Trade ### Journal Publications - Bunching at 3 Percent: The Maastricht Fiscal Criterion and Government Deficits, European Economic Review, accepted, (with P. Wingender). - Is Inflation Domestic or Global? Evidence from Emerging Markets, International Journal of Central Banking, conditionally accepted, (with R. Bems, F. Grigoli, and B. Gruss). - Protecting Lives and Livelihoods with Early and Tight Lockdowns, B.E. Journal of Macroeconomics, forthcoming, 2021, (with F. Grigoli and Damiano Sandri). - Do Fiscal Rules Cause Better Fiscal Outcomes? A New Instrumental Variable Strategy, European Journal of Political Economy, Vol. 63, June 2020, (with J. Reynaud). - Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock, Economics Letters, Vol. 188, March 2020, (with R. Bems, F. Grigoli, B. Gruss). - China’s Rise, Asymmetric Trade Shocks and Exchange Rate Regimes, Review of International Economics, Vol. 27, No. 1, (2019). - Nonlinear Exchange Rate Pass-Through in Emerging Markets, International Finance, Vol. 1, No. 28 (2019), (with A. Roitman). - Did the Exchange Rate Prevent Deflation in the Czech Republic?, Review of Economics and Institutions, Vol. 8, No. 2 (2017). ### Working Papers - Gender and Employment in the COVID-19 Recession: Evidence on ”She-cessions”, IMF WP 21/95, (with J. Bluedorn, N.J. Hansen, I. Shibata, and M.M. Tavares). - Predictive Density Aggregation: A Model for Global GDP Growth, IMF WP 20/78, revision requested Journal of Applied Econometrics, (with F. Grigoli, R. Lafarguette, and C. Wang). - Expectations’ Anchoring and Inflation Persistence, IMF WP 18/280, - revision requested Journal of International Economics, (with R. Bems, F. Grigoli, B. Gruss, and W. Lian). - Mobility under the COVID-19 Pandemic: Asymmetric Effects across Gender and Age, IMF WP 20/282, CEPR Discussion Paper 15592, Covid Economics Issues 64, GLO discussion Paper 753, (with F. Grigoli, D. Sandri, and A. Spilimbergo). Submitted. - Individual Treatment Effects of Budget Balance Rules, IMF WP 20/274, (with D. Stoehlker and P. Wingender). - On the Benefits of Repaying, (with M. Faralli, P. Manasse, and U. Panizza), in progress. ### Book Chapters - Aid in Fragile States (with A. Presbitero) - in ”Macroeconomic Policy in Fragile States”, edited by R. Chami, E. Espinoza, and P. Montiel, Oxford University Press, Oxford, 2020. ### Policy Contributions - Recession and Recovery in Labor Markets: Patterns, Policies, and Responses to the COVID-19 shock, World Economic Outlook, April 2021, Chapter 3, (with J. Bluedorn, W. Chen, N.J. Hansen, J. Mondragon, I. Shibata, and M. M. Tavares). - The Great Lockdown: Dissecting the Economic Effects, World Economic Outlook, October 2020, Chapter 2, (with F. Grigoli, D. Sandri, and W. Lian). - Countering Future Recessions in Advanced Economies: Cyclical Policies in an Era of Low Rates and High Debt, World Economic Outlook, April 2020, Chapter 2, (with M. Andrle, P. Barrett, J. Bluedorn, and W. Chen). - Challenges for Monetary Policy in Emerging Markets as Global Financial Conditions Normalize, World Economic Outlook, October 2018, Chapter 3, (with R. Bems, F. Grigoli, B. Gruss, and W. Lian). - Background Analytical Papers for the Staff Discussion Note on Second Generation Fiscal Rules (SDN 18/04): - Do Fiscal Rules Improve the Fiscal Balance? A New Instrumental Variable Strategy? (with J. Reynaud). - The Impact of Fiscal Rules: from Average to Distributional Effects (with P. Wingender). - Slovakia Article IV Selected Issues - EU Funds: Enhancing Absorption to Reduce Regional Disparities. ### Columns - The disproportionate impact of lockdowns on women and the young VoxEU, 15 January 2021, (with F. Grigoli, P. Rente Louren ̧co, D. Sandri, and A. Spilimbergo). - Protecting lives and livelihoods with early and tight lockdowns, VoxEU, 16 November 2020, (with F. Grigoli, W. Lian, and D. Sandri). - Central Bank Credibility Pays Off in Times of Stress, IMF Blogs, October, 2018, (with R. Bems, B. Gruss, and W. Lian). ### Referee Activities - Journal of Business & Economic Statistics, Journal of Monetary Economics, European Journal of Political Economy, Journal of International Money and Finance, Oxford Economic Papers, Review of International Economics, Swiss Journal of Economic and Statistics, Review of Economics and Institutions, Econometrics and Statistics, and Economia. ### Presentations - 21st Jacues Polak Annual Research Conference, IMF (virtual) Nov 2020 - Global Economy Meeting, Bank de France (virtual) Nov 2020 - Annual International Journal of Central Banking Research Conference, Oslo May 2020 - XXII Workshop in International Economics and Finance, Kingston Mar 2019 - The Graduate Institute, Geneva May 2018 - The Future of Fiscal Integration in Europe, Brussels Feb 2018 - US International Trade Commission, Washington DC Dec 2017 - European Trade Study Group, Florence Sep 2017 - Czech National Bank, Prague May 2016 - International Monetary Fund - European Department Sep 2014 - Third Workshop on Financial Determinants of Exchange Rates, Bank of Italy (Discussant) Dec 2013 ### Scholarships and Awards - The Graduate Institute, Geneva, Switzerland — One year scholarship Sep 2011 - June 2012 - Einaudi Foundation, Turin, Italy — One year scholarship Oct 2009 - Oct 2010 ### Teaching Experience - Teaching Assistant, The Graduate Institute, Geneva - Econometrics I (graduate level) Spring 2013, Fall 2013 - Econometrics II (graduate level) Fall 2012, Fall 2013, Fall 2014, Spring 2015 ### Languages - Italian (Native), English (Advanced), French (Fluent) --- _Source: https://www.imf.org/-/media/files/cv/pdfs/francesca-caselli.pdf_