VALERIA PATELLA

VALERIA PATELLA
Website: https://sites.google.com/a/uniroma1.it/valeriapatella-eng Fields of interest: Macroeconomics, Macro-Finance, Applied Econometrics
CURRENT POSITION: Assistant Professor. Department of Economics, Faculty of Economics. Sapienza University Rome
EDUCATION:
- Doctoral School of Economics. Sapienza University Rome. PhD in Economics. Thesis: Essays on Nonlinearities in Macroeconomics Supervisors: Prof. E. Faia, Prof. M. Tancioni
Committee: Prof. P. Benigno, Prof. M. Haliassos, Prof. P. Paesani
- Visiting PhD student. Supervisor: Prof. F. Bianchi. Cornell University
-M.Sc. in Economics, cum laude. Supervisor: Prof. M. Tancioni; B.A. in Economics, cum laude. Supervisor: Prof. F. R. Pizzuti. Sapienza University Rome
TEACHING:
Time Series Analysis (PhD, 2021-2025), Macroeconometrics (PhD, 2021-2025), Macroecoeconomics (PhD, 2020)
Economia e Politica Monetaria (BSc, 2025), Macroeconomics and Financial Markets (MSc, 2025), Economic Policy (MSc, 2024), Quantitative Macroeconomics and Policies (MSc, 2023), Advanced Macroeconomic Policy (MSc, 2023-2024), Health Econometrics (MSc, 2022).
WORK EXPERIENCE:
- Organisation for Economic Cooperation and Development. Research Advisor. Monetary and Fiscal Policies. Economics Department Sapienza University Rome
- Post-Doctoral Fellow. Faculty of Economics. Department of Economics
- G20 Italian Presidency. Policy Advisor - Monetary and Fiscal Policies. Ministry of Economics and Finance Treasury, Directorate of International Financial Relations
- European Central Bank. Consultant, PhD Intern. Fiscal Policies Division. DG Economics Goethe University Frankfurt
- Research Assistant to Prof. E. Faia. Chair of Monetary and Fiscal Policy
- Confindustria Intern, Consultant. Research Department.
- Ministry of Economics and Finance. Intern. Treasury, Directorate of Economic and Financial Analysis

FORMATION ACTIVITIES
Machine Learning in Macroeconomics
Prof. J. Fernandez-Villaverde. University of Oxford
Regime switching in VAR and DSGE models: Theory and Applications Prof. D.Waggoner and J. Maih. BI Norwegian Business School
Tools for Macroeconomists: The Essentials and Advanced Tools
Prof. W. Den Hann. London School of Economics
Identification and global sensitivity analyses for Macroeconomic Models
Prof. M. Ratto. Joint Research Centre of the European Commission
SKILLS
Programming MatLab, Dynare, Eviews, Mathematica, MS Office, LATEX Languages Italian (native), English (fluent), French (basic)

PUBLICATIONS
• Monetary/fiscal policy dominance and conflicts: Evidence from Crises, with F. Giuli (Roma Tre University), and S. Ionta (Bocconi University). Economics Letters (forthcoming)
• Monetary/fiscal policy regimes in post-war Europe, with O. Bouabdallah (European Central Bank), and P. Jacquinot (European Central Bank). ECB Working Paper Series (2023), 2871
• Undesired monetary policy effects in a bubbly world, with G. Ciccarone (Sapienza University Rome), F. Giuli (Roma Tre University), E. Marchetti (Parthenope University Naples) and M. Tancioni (Sapienza University Rome). Macroeconomic Dynamics (2023)
Undesired monetary policy effects in a bubbly economy, Roma Tre Working Paper no. 270 (2022)
• Fiscal Stance and Sovereign Risk Pass-Through, with E. Beqiraj (Sapienza University Rome) and M. Tancioni (Sapienza University Rome). Economic Modelling (2021), 102
Regime-switches in the Rollover of Sovereign Risk, Sapienza Working Paper no. 191(2019)
• Ambiguity Attitudes and the Leverage Cycle, with M. Bassanin (Bank of England) and E. Faia (Goethe University Frankfurt, CEPR). Journal of International Economics (2021), 129 Ambiguity Attitudes, Leverage Cycle and Asset Prices. CEPR Discussion Paper no. 13875(2019)
• Confidence Swings and Sovereign Risk Dynamics, with M. Tancioni (Sapienza University Rome). Structural Change and Economic Dynamics (2021), 56: 195-206
JOURNAL REFEREE
European Journal of Political Economy, Macroeconomic Dynamics, Economic Modelling, Energy Economics
POLICY
• Challenges for monetary and fiscal policy interactions in the post- pandemic era, with by O. Bouabdallah (ECB), and J. Pascal (ECB). Contribution in ECB Occasional Paper Series No 337 (2023), https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op337~fe2b751b27.en.pdf
• The role of digital platforms in weathering the COVID-19 shock, with M. Pisu (OECD), H. Costa (OECD), H. Hwang (OECD) and S. Sopranzetti (MEF). OECD Policy Responses to Coronavirus (2021), OECD Publishing, Paris, https://doi.org/10.1787/2a3b8434-en
• Ambiguity matters: Investor ambiguity, leverage cycles and asset prices with M. Bassanin (Bank of England) and E. Faia (Geothe University Frankfurt). VOX article (2019). https://voxeu.org/article/investor-ambiguity-leverage-cycles-and-asset-p...
GRANTS
Research Grant, Sapienza University Rome. PI: Valeria Patella
Macroeconomic policies in response to inflation
Research Grant, Sapienza University Rome. PI: Valeria Patella Pricing Macroeconomic Uncertainty in constrained Debt Market
PRIN Research Grant. PI: Pierpaolo Benigno
Jumpstarting Europe. New Macroeconomic Policies after the Great Crises
Research Grant, Sapienza University Rome. PI: E. Beqiraj Rethinking the business cycle dynamics: A regime-switching perspective
Research Grant, Sapienza University Rome. PI: M. Tancioni 2019 Learning rules, heterogeneity and regime-switching policy interactions. Implications for fiscal policy effectiveness, labor share dynamics
and asset price volatility
PhD Scholarship. Sapienza University Rome
Best Master Student Award. Sapienza University Rome
Rome, IT
2013 - 2018 2014