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Rebucci, Alessandro - Economist
Professional profile:
Alessandro Rebucci is a Senior Research Economist in the Research Department of the Inter-American Development Bank. In this position, he is leading (with Arturo Galindo) a grant-supported research project on housing finance in Latin America and the Caribbean Region for the 2011 edition of the IDB annual flagship publication (Developments in the Americas—DIA). In his position he is also advising IDB Senior Managers on international macroeconomic and financial and policy issues and supervising the policy oriented research conducted by consultants and research assistants, as well as conducting academic research for publication in refereed journals.
Most recently he was a Senior Economist in the World Economic Studies Division of the IMF Research Department, which he left in August 2008. Previously, Dr. Rebucci was an economist in the Modeling Division of the IMF Research Department and the Stand-by Operation Division of the Policy and Development and Review Department. During his IMF tenure he wrote several papers related to monetary policy, global external imbalances, and other international finance issues, publishing both refereed articles and policy and country reports, including three analytical World Economic Outlook chapters. He co-edited a book on IMF programs and co-organized a research conference on International Macro-Finance, co-editing a special issue of the Journal of International Economics with the conference proceedings. He was a lead reviewer for Brazil and Uruguay during the 2002 crises and he participated in numerous IMF program and surveillance missions.
He holds a PhD in economics from the University of London (UK) and a MSc and a “Laurea” in economics from Bocconi University (Italy).
Click here to download the Curriculum Vitae
SELECTED JOURNAL ARTICLES
“Oil Shocks and External Balances,” (with L. Kilian and N. Spatafora), Journal International Economics, 77(2), 181-194, 2009.
Global Imbalances: The Role of Emerging Asia” (with P. Cova and M. Pisani), Review of International Economics, Vol. 17 No. 4, pp. 716-733, September 2009. (Extended version available as IMF WP No. 09/64).
“Global Imbalances: The Role of the Non-tradable TFP in Advanced Economies” (with P. Cova, M. Pisani, and N. Batini), IMF Staff Papers, Vol. 55, No. 2, 2008 (Extended version IMF WP 09/63).
“Net Foreign Asset Positions and Consumption Dynamics in the International Economy,” (with F. Ghironi and T. Iscan), Journal of International Money and Finance, 27, 1337–1359, 2008.
“Measuring Contagion and Interdependence with a Bayesian Time-Varying Coefficient Model:
The Chilean FX Market During the Argentine Crisis,” (with M. Ciccarelli), Journal of Financial Econometrics, Vol 5, No. 2, pp. 285-320, March 2007.
“Has The Transmission Mechanism of European Monetary Policy Changed in the Run-up to EMU?” (with M. Ciccarelli), European Economic Review,Vol. 50, No. 3 , pp. 737-776, April 2006.
“The U.S. Dollar and the Trade Deficit: What Accounts for the Late 1990s?” (with B. Hunt), International Finance, Vol. 8, No. 3, pp. 399–434, December 2005.
IMF World Economic Outlook Chapters
“The Changing Housing Cycle and the Implications for Monetary Policy” (with R. Cardarelli and D. Igan), World Economic Outlook, Chapter3, April 2008. Media coverage: FT (several colums, including Martin Wolf’s one) and The Economist among others; roundtable discussion at The Brookings Institution.
“Exchange Rates and External Imbalances” (with R. Cardarelli), World Economic Outlook, Chapter3, Washington DC, April 2007. Media coverage: FT and Business Week among others; roundtable discussion at the Petersen Institute.
“Oil and Global Imbalances” (with N. Spatafora), World Economic Outlook, Chapter 2, Washington DC, April 2006. Media coverage: The Economist (Economics Focus), FT (Front Page and Martin Wolf’s column), LaRepubblica, Il Corriere, Il Sole24Ore, among others.
ONGOING RESEARCH
“On The Transmission of Global Shocks to Latin America Before and After China's Emergence in the World Economy”, (With H. Pesaran, T. Xu, A. Cesa-Bianchi, and C. Tamayo), IDB Working Paper, forthcoming.
“Revisiting Overborrowing and Its Policy Implications” (with G. Benigno, C. Otrok, E. R. Young, and H. Chen), IDB, CEPR, and Central Bank of Chile Working Paper, forthcoming.
“Optimal Stabilization Policy with Occasionally Binding Financial Frictions” (with G. Benigno, C. Otrok, E. R. Young, and H. Chen), manuscript, November 2009.
“Housing Finance, Housing Shocks, and the Business Cycle: VAR Evidence from OECD Countires” (with R. Cardarelli, T. Monacelli, and L. Sala), manuscript, November 2008.
“Country Portfolios to Hedge Oil Shocks”, (With M. Devereux and A. Sutherland), work in progress.
“External Capital Structures for Managing Oil Price Volatility: The Case of Jamaica and Trinidad and Tobago”, (with J. D. Burger, V. Cacdac Warnock, and F. E. Warnock), forthcoming IDB Working Paper (Under submission).
“The Valuation Channel of External Adjustment,” (with F. Ghironi and J. Lee), NBER WP 12937 and IMF WP No. 09/275 (Under submission).
“News Shocks and Asset Price Volatility in a DSGE Model” (with A. Matsumoto, P. Cova, and M. Pisani), manuscript, December 2009 (Under submission).
“Aid, Exports, and Growth: A Time-Series Perspective on the Dutch Disease Hypothesis” (with J. S. Kang and A. Prati), IDB Working Paper, forthcoming (Under submission).
OTHER WEB PAGES
http://ideas.repec.org/e/pre6.html
http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=361114
http://www.imf.org/external/np/cv/CV.aspx?AuthID=110
http://www.linkedin.com/pub/dir/alessandro/rebucci
Publications:
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Research Projects:
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