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Efrem Castelnuovo

Efrem Castelnuovo

Associate Professor Efrem Castelnuovo joined the Melbourne Institute of Applied Economic and Social Research in 2014.

Prior to joining the Melbourne Institute, Efrem has held positions at the University of Padova, and has taught at the Universities of Oxford, Bologna, Brescia, Rome Tor Vergata, and the Halle Institute for Economic Research.

Efrem earned a PhD in Economics from the Bocconi University (2004), and has been Associated Editor of the Journal of Applied Econometrics since 2013. His research agenda centres on the role of nonlinearities for the transmission of structural shocks, the identification of common factors across countries, and the empirical validation of structural DSGE models.

He has published his research in a number of international journals, including the Journal of Monetary Economics, Journal of Money, Credit and Banking, Economic Journal, Journal of Applied Econometrics, Journal of Economic Dynamics and Control, Oxford Bulletin of Economics and Statistics, Macroeconomic Dynamics, Journal of International Money and Finance, and Economics Letters.

Worrisome Signs Series

Uncertainty isn't causing slow economic growth, for now

Jun 14, 2017 06:13 am UTC| Insights & Views Economy

Uncertainty is widely recognised as a potential drag on economic growth. Workers who become more uncertain about their future wages reduce spending, for example, and business owners uncertain about future government policy...

A new index for economic uncertainty: nothing to fear but fear itself

Mar 08, 2016 23:01 pm UTC| Insights & Views Economy

A new monthly uncertainty index has been constructed by the Reserve Bank of Australia (RBA) to track the cost of different factors such as international events and government policy decisions on the economy. Uncertainty...

1 

Economy

U.S. Treasuries remain mixed ahead of Fed Chair Yellen’s speech, 7-year auction

The U.S. Treasuries slid ahead of a host of speeches by FOMC members throughout this week, especially from the Federal Reserve Chair Janet Yellen, scheduled on June 27. Also, the 5-year and 7-year auctions, due to be held...

U.S. Treasuries remain mixed ahead of Fed Chair Yellen’s speech, 7-year auction

The U.S. Treasuries slid ahead of a host of speeches by FOMC members throughout this week, especially from the Federal Reserve Chair Janet Yellen, scheduled on June 27. Also, the 5-year and 7-year auctions, due to be held...

German business confidence sees fifth consecutive rise, underpins optimism for H2 growth

The Munich-based Ifo institutes business climate index rose to 115.1 in June from 114.6 in May, exceeding analysts expectations for a value of 114.4. Ifos two sub-indices measuring current conditions and future...

UK gilts remain downbeat ahead of BoE’s Financial Stability Report, Governor Carney’s speech

The UK gilts remained downbeat at the start of the trading week as investors remain focused to watch the Bank of Englands (BoE) Financial Stability Report (FSR) and Governor Mark Carneys speech, both scheduled on June 27....

Eurozone periphery bonds rally ahead of ECB President Draghi’s speech; investors defy stronger German Ifo business index

The Eurozone periphery bonds rallied Monday as investors wait to watch the European Central Bank (ECB) President Mario Draghis speech later in the day. However, the market has largely shrugged off the benchmark Germanys...

Politics

US under Trump Series: Trump pours on cold water on 'Comey tapes' speculation

With a series of tweets, President Donald Trump poured cold water over the hot speculations that has been brewing for months that there are tapes of conversations between him and the former FBI director James Comey. After...

Why Lesotho's in such a mess and what can be done about it

In an interview following his recent return as Prime Minister of Lesotho, Tom Thabane has blamed the army for the countrys chronic political instability. Stating that his previous administration (after an election in 2012)...

US under Trump Series: US department of Justice launches investigation into Hillary Clinton’s email scandal

According to a Fox News report, which was confirmed by Senate Judiciary Committee Chair Chuck Grassley, the U.S. Department of Justice has launched a formal inquiry into whether former Secretary of State Hillary Clinton...

Data Of Almost 200M Americans Collected By GOP Leaked, No Protection Whatsoever

When collecting data from citizens for use in things like winning elections, it makes sense to afford hoard with heavyweight protection. Not only did the GOP fail to do this, which led to the leak of data of 198 million...

Julius Caesar in our times

All the worlds a stage, Shakespeare once wrote. In recent weeks, that Shakespearean adage has been particularly resonant, with the New York Public Theaters production of Julius Caesar attracting worldwide scrutiny...

Science

Elon Musk Tells Climate Change Deniers To Get A Thermometer

The vast majority of scientists agree that climate change is real and that it is being sped up by human activity, theres no debate there. Unfortunately, there are still those with influence in the political sphere that...

Scientist Say Lack Of Funding Is Biggest Obstacle To Immortality

For centuries, humanity has been searching for ways to live longer, resist diseases, and generally have a happier life. Throughout the centuries, people thought that the biggest challenge to discovering the secret to...

Electric Cars Can Also Power Buildings When Parked, Researchers Say

It seems there is one more reason to get an electric car other than to protect the environment. According to researchers, vehicles running on electricity can also power buildings without suffering battery drain or...

10% Of US Energy Harvested From Renewables, There Is Hope

When President Donald Trump announced that he was going to pull out of the Paris Climate Accord, hardly anyone was surprised. Even so, many still despaired regarding the future of renewable energy. Fortunately, it seems...

Driverless Cars Gets Neil deGrasse Tyson Seal Of Approval

As one of the most popular and beloved scientific figures in the world, if Professor Neil deGrasse Tyson says that a particular scientific trend is great, most people tend to pay attention. Thats why his words of...

Technology

Switch Helps Nintendo Surpass Sony’s Market Cap, Hits $48.9 Billion

Nintendos latest console called the Switch has been making a lot of fuss recently. Not only is it currently the most desirable console in the market, spurred by supply shortages, it also helped Nintendo achieve substantial...

American Medical Records Accessible Via Google, Here’s How To Remove Them

Medical records are supposed to be private documents that are only for the eyes of medical professionals in charge of the respective patients. However, it turns out that these records can actually be viewed by anyone if...

This AR Super Mario Simulation Is Traffic Accident Waiting To Happen

Remember when politicians used to hawk all the time that video games are dangerous? Someone actually created an augmented reality simulation of Super Mario that proves these politicians right, in a way. Not only does it...

Here Are The Sega Forever Games That Are Available For Download

When Sega announced that it would be making some of its most iconic video games available for free on mobile, the world waited in anticipation. Now that the service is available, some might be wondering what games are...

New Mobile Malware Can Drain Bank Accounts

Internet users are constantly being warned to be careful when downloading software. However, this is a bit difficult when malware is pretending to be official updates. This is exactly what a new variant of a malicious...
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June 26 21:00 UTC Released

KRConsumer Sentiment Ind*

Actual

111.1 %

Forecast

Previous

108.0 %

June 26 13:00 UTC Released

MXIGAE Econ Activity YY

Actual

-0.7 %

Forecast

-0.85 %

Previous

4.40 %

June 27 08:00 UTC 472472m

ITMfg Business Confidence

Actual

Forecast

106.7 %

Previous

106.9 %

June 27 08:00 UTC 472472m

ITConsumer Confidence

Actual

Forecast

106.2 %

Previous

105.4 %

June 27 10:00 UTC 592592m

GBCBI Distributive Trades

Actual

Forecast

2 %

Previous

2 %

June 27 12:55 UTC 767767m

USRedbook MM

Actual

Forecast

Previous

0.7 %

June 27 12:55 UTC 767767m

USRedbook YY

Actual

Forecast

Previous

2.8 %

June 27 12:55 UTC 767767m

USRedbook MM

Actual

Forecast

Previous

0.7 %

June 27 12:55 UTC 767767m

USRedbook YY

Actual

Forecast

Previous

2.8 %

June 27 13:00 UTC 772772m

USTrade Balance SA*

Actual

Forecast

0.9 bln $

Previous

1.0 bln $

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