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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

Ministop joins French fry war in Japan with larger Bucket Potato as McDonald's reel from potato shortage

Ministop has joined the French fries war in Japan by offering its Bucket Potato, which has three times the amount of their X Fried Potatoes for 641 yen. A regular-sized order of Ministops X Fried Potatoes costs 213 yen,...

S. Korea's Hanmi, Celltrion, and Dongbang to produce Merck’s COVID-19 pill

South Koreas Hanmi Pharm Co., Celltrion Inc., and Dongbang FTL were among 27 drugmakers chosen to produce low-cost versions of Merck Co.s COVID-19 pill molnupiravir for low- and-middle-income countries. The Medicines...

S. Korean scientists develop protein absorbent that collects rare earth elements steel slag

A Gwangju Institute of Science and Technology research team has developed a protein absorbent that can collect rare earth elements from steel slag, an industrial by-product. The research team succeeded in selectively...

Coca-Cola to capitalize on Africa's strong demand for energy drinks

Coca-Cola Beverages Africa (CCBA) plans to consolidate in Africa and to capitalize on the continents strong demand for energy drinks, which is the fastest-growing beverage category. Jacques Vermeulen, the CCBA CEO, sees...

McDonald’s expands McPlant burger tests in US

McDonalds will roll out the McPlant burger at around 600 locations in the San Francisco Bay and Dallas-Fort Worth areas for a limited time starting Feb. 14 to learn more about consumer demand for it. The test began in...

Politics

Ivanka Trump accused of 'misleading financial statements' to federal government and Deutsche Bank

Donald Trumps daughter and White House adviser Ivanka Trump is now under even more legal scrutiny in the ongoing investigations into the Trump Organization. New York Attorney General Letitia James claimed in a court filing...

Afghanistan: Pentagon releases footage of Kabul drone strike

One of the criticized aspects of the US military withdrawal from Afghanistan was the drone strike that ended up killing civilians including children. The Pentagon has now made public the footage of the failed drone...

US House Majority Leader Steny Hoyer echoes Nancy Pelosi's stance on lawmakers trading stocks

One of the issues that have emerged in Congress is of its members trading stocks despite concerns of conflicts of interest. US House Majority Leader Steny Hoyer echoed the stance of House Speaker Nancy Pelosi, saying that...

Kamala Harris says administration will continue to fight to pass voting rights legislation following Senate vote

The recent Senate vote on voting rights did not succeed in advancing voting rights legislation in the chamber. US Vice President Kamala Harris said that the administration would continue to push for voting rights...

Science

DouxMatok and Blommer to produce chocolate products with less sugar by enhancing sweetness perception

Blommer Chocolate Co. has entered a commercial partnership with Israeli-based DouxMatok to produce and sell a portfolio of chocolate products with less sugar, made possible by enhancing the perception of...

Duke University study reveals gastrointestinal tract distinguishes between Coke Original and Coke Zero

Duke University researchers revealed that the gastrointestinal tract, and not the tongue, distinguishes between Coca-Cola Original and Coca-Cola Zero Sugar. According to their published study, neuropod cells in the...

Keio University doctors use iPS-derived cells to treat spinal cord injury

Keio University researchers have successfully transplanted into a patient with a severe spinal cord injury two million neural progenitor cells derived from other peoples iPS cells as part of a clinical study, offering hope...

Virtual moon landing experience offered at Tottori Sand Dunes

Tokyo-based Amulapo, Inc. is offering a tour at the Tottori Sand Dunes for experiencing a simulated landing on the lunar surface for up to 20 participants on Saturday nights until the end of March, during good...

Unilever calls for better plant-based diet through public health strategies

Unilever scientists are prompting public health officials to facilitate the transition to a balanced diet with more diverse nutrient-dense plant foods through consumer education, food fortification, and...

Technology

Warner Bros. reiterates ‘Hogwarts Legacy’ will launch in 2022

A recent report claimed that Hogwarts Legacy is unlikely to launch anytime before 2023, suggesting that the game could suffer yet another delay. However, developers have now somewhat addressed the rumor by reiterating that...

‘Ghostwire: Tokyo’ could be released in March

It has been a while since developer Tango Gameworks and publisher Bethesda Softworks last released teasers for Ghostwire: Tokyo. Officially, the companies have only said the game will be released sometime this year. But an...

NFT profile pictures on Twitter will now appear as hexagonal avatars

Twitter just launched a new feature that makes NFT profile pictures easier to distinguish. As expected, it has been met with mixed reactions from users and major brands. People will find everyday debates about the pros...

Crypto.com confirms hackers stole over $30 million in cryptocurrencies

Crypto.com confirmed that 483 users were affected by a hacking incident detected earlier this week. The cryptocurrency exchange platform said the culprits stole more than $30 million, but that no customers lost...
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