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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...

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Economy

FxWirePro: A Glimpse At ZAR’s RV And Delta-Hedge Trades On Looming South African Debt Crisis

Due to global recession fears and rising risk aversion yesterday brought a further sell-out for many EM currencies. The rand was amongst the biggest losers over the past days and reached new lows against USD and EUR. This...

FxWirePro: Sterling Still Edgy Amid Pandemic Saga - Driving Forces, OTC Outlook & Hedging Strategies of GBP/USD

GBPs performance ranks mid-table over the past month (+0.5% vs USD, -2.5% vs EUR) as the global impact of the coronavirus has come to dominate GBPs local difficulties with Brexit. But even though Brexit is now being...

FxWirePro: Take Prudent Look At Short Euro Trades Amid Pandemic Outlook

Pandemic COVID-19 impact has broadened, eliciting abrupt financial market moves. We all know that the strength of a relationship can be severely tested during times of crisis. This is currently very obvious in the EU, and...

FxWirePro: Driving Forces, OTC Outlook And Hedging Strategies Of EUR/JPY

Universal fact is that the strength of a relationship would be severely tested during times of crisis. This is currently very obvious in the EU, and the euro is not taking it well. There is no agreement about how to...

We are entering a recession – but what did we learn from the last one?

As the coronavirus continues to spread around the world, it is abundantly clear that the global economy is entering a recession the first weve seen since 2008. Some officials have compared the last period of economic...

Politics

Donald Trump defends Jared Kushner’s ‘our stockpile’ remark

President Donald Trump became confrontational when a reporter tried to clarify previous comments made by Ivanka Trumps husband Jared Kushner. During a White House conference on Friday evening, the POTUS defended senior...

Michelle Obama and Oprah Winfrey achieve sold out speaking tours

Former First Lady Michelle Obama previously went on a speaking tour of her book, Becoming. With her speaking tour selling out and filling large venues, Michelle achieved a feat that not many speakers are able to...

Is Joe Biden overshadowed by Donald Trump in air time during coronavirus crisis?

Despite the coronavirus forcing electoral proceedings to go down other routes, and a shift in priorities as the pandemic grows worse in the United States, it appears that the odds are against Joe Bidens favor. The former...

Donald Trump's campaign team asks Jeff Sessions to stop using his name in his Senate campaign

Former attorney general Jeff Sessions and President Donald Trump are not exactly on the best of terms, but Sessions appears to be determined to win a seat at the US Senate. This led the Trump campaign to send the Senate...

Melania Trump sends well-wishes to Canada's First Lady after recovering from coronavirus

Although the number of coronavirus cases in the affected countries has skyrocketed, there is also an increasing number of people who recover from it. Recently, First Lady Melania Trump checked in on Canadas First Lady,...

Science

Asteroids alert: NASA releases image of asteroids Lina and Klotho in the asteroid belt

While there are asteroids that are relatively smaller, there are asteroids that are a lot larger, and then there are asteroids that are large enough to destroy an entire continent. NASA recently shared a photo of two major...

NASA: Hubble telescope detects proof of the "missing link" of black holes

Black holes have been a mystery to scientists for a long time, and it has taken just as long to further understand these celestial objects. Recently, the Hubble Space Telescope managed to detect what may be the missing...

Scientists notice the increasing size of comet ATLAS as it approaches the Solar System

Not much is known about the incoming comet known as ATLAS, but scientists have recently kept tabs on this cosmic object as it gets closer to the sun. One observation was that the atmosphere of the comet has been growing...

Another solar storm expected to hit Earth over the weekend

The end of March saw the Earth getting affected by a solar storm. A new report reveals that the planet will experience yet another solar storm that would take place over the weekend. Express reports that the suns...

Technology

‘Total War: Three Kingdoms’ update 1.5.1: New patch fixes bugs and updates gameplay

Total War: Three Kingdoms update 1.5.1 is now live and available to all players. The patch will be bringing with it changes and fixes to the game, such as enabling players to seek confederation after their declared King or...

Will Erangel 2.0 arrives in the ‘PUBG Mobile’ v0.18.0 patch?

PUBG Mobile players are currently enjoying new gameplay features and content released in the latest patch and in celebration of the games second anniversary. However, many players have likely set their eyes on one...

iOS 14 to arrive with major iCloud Keychain upgrades

Apple might soon convince iOS 14 users there is no need to install third-party password managers. The upcoming mobile operating system is now expected to deploy significant improvements to the iCloud Keychain. iOS 14 to...

Pixelbook 2 spotted on Geekbench with an AMD Ryzen processor?

Chromebooks enthusiasts have been waiting for a while for Google to unveil the direct follow-up to its tablet-laptop hybrid that the rumor mill has been calling the Pixelbook 2. If a recent benchmark test result is to be...

Over-ear AirPods could be announced at the WWDC 2020 in June

Apples annual Worldwide Developers Conference is primarily held to announce all the upcoming operating system updates and other software products the company has in store. It is not uncommon for the company to use this...
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