Ugo Panizza

I am Professor of Economics and Pictet Chair in Finance and Development at the Graduate Institute of International and Development Studies in Geneva.

I am also the Director of the International Centre for Monetary and Banking Studies (ICMB), a Vice President of CEPR, Fellow of the Fondazione Luigi Einaudi, and Editor of International Development Policy.

Prior to joining the Institute, I was the Chief of the Debt and Finance Analysis Unit at the United Nations Conference on Trade and Development (UNCTAD) and a Senior Economist in the Research Department of the Inter-American Development Bank. I also worked at the World Bank and taught at the American University of Beirut and at the University of Torino.

You can find more about my research by looking at my VoxEU pieces, or visiting my Google Scholar and REPEC pages.

I come from here. For a picture of the best things I ever produced click here.

Follow me on Twitter @upanizza

New stuff

• Local Crowding out in China (with Y. Huang and M. Pagano). The Journal of Finance

• Should Creditors Pay the Price for Dubious Bonds? Project Syndicate (with Mitu Gulati and Mark Weidemaier)

• Note su domanda di moneta, debito e signoraggio

• La spiacevole aritmetica sovranista Il Foglio

• The Motives to Borrow (with A. Fatás, R. Ghosh, and A. Presbitero) IMF WP, CEPR DP

• Promises to repay and sovereign spreads VoxEU

• How Credible are Rules Requiring Sovereign States to Give Super-Priority to the Public Debt? Oxford Business Law Blog

• Smart Development Banks (with Eduardo Fernández-Arias & Ricardo Hausmann) IHEID Working Paper

• Investment Gaps in Latin America and the Caribbean (with Francesca Castellani, Marcelo Olarreaga, and Yue Zhou) International Development Policy

• When Governments Promise to Prioritize Public Debt: Do Markets Care? (with Mitu Gulati, Mark Weidemaier, & Gracie Willingham) CEPR Discussion Papers

• Inflation Expectations: Review and Evidence (with Ayhan Kose, Hideaki Matsuoka, & Dana Vorisek) CEPR Discussion Papers

• Corporate Debt, Firm Size and Financial Fragility in Emerging Markets (with Laura Alfaro, Gonzalo Asis, & Anusha Chari ) Journal of International Economics

• The Real Effects of Financial Globalization: What Do the Data Say? Annals of the Fondazione Luigi Einaudi. An Interdisciplinary Journal of Economics, History and Political Science

• Maduro Bonds (with Mitu Gulati) IHEID Working Papers

• Unequal Gains: American Growth and Inequality since 1700, The Economic Record

• The cyclicality of international public sector borrowing in developing countries: Does the lender matter? (with Arturo Galindo) World Development

• W la democrazia dei mercati Il Foglio

• When You Are Missing a Paragraph; A crowdsourced paper in honor of Charles Wyplosz

• Corporate foreign bond issuance and interfirm loans in China (with Y. Huang and R. Portes) NBER WP and CEPR DP versions

• How to solve the Greek debt problem (with J. Zettelmeyer, E. Avgouleas, B. Eichengreen, M. Poiares Maduro, R. Portes, B. Weder di Mauro, and C. Wyplosz) Peterson Institute Policy Brief

• Independent report on the Greek official debt (with B. Eichengreen, E. Avgouleas, M. Poiares Maduro, R. Portes, B. Weder di Mauro, C. Wyplosz and J. Zettelmeyer) CEPR Policy Insight VoxEU Piece

• Un Fallimento Sovranista,Il Foglio

• The Hausmann-Gorky Effect, (with M. Gulati) IHEID Working Paper

• Can Countries Rely on Foreign Saving for Domestic Investment (and Development)? (with E. Cavallo and B. Eichengreen). Review of World Economics VoxEU Piece

• The Folk Theorem of Decreasing Effectiveness of Monetary Policy: What Do the Data Say? (with C. Wyplosz). Russian Journal of Money and Finance (March 2018)

• Non-linearities in the Relationship between Finance and Growth, Comparative Economic Studies (March 2018) French version Non-linéarités dans la relation entre finance et croissance in Revue d'économie financière

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More new stuff...