Return to Campus Updates, and Booster Requirements for the Semester.
Massimiliano Marzo
Adjunct Professor of International Economics
About
Massimiliano Marzo is Adjunct Professor of International Economics at SAIS Europe, and Associate Professor of Economics at the University of Bologna. Professor Marzo's research interests are focused on Term Structure of Interest Rates and on the link between macroeconomics and asset prices. His current research projects are about: i) the comovement between several asset classes during the evolution of the business cycle during recent crisis; ii) the second order effects of macroeconomic policies: the role of monetary and fiscal policy in amplifying or mitigating the general level of macroeconomic risk; portfolio theory with ambiguity aversion; views generation in Bayesian portfolio analysis.
He combines academic activities with active consultancy jobs. He is consultant of several banks and financial intermediaries with respect to Risk Management and Portfolio analysis. Moreover, he is often involved as consultant in trials with financial murders (insider trading, market manipulations, excessive risk taking). Currently he is board member of several companies and investment funds, as independent board member: Simgest SIM, Finorefici SIM, FactorCoop, CNS, Lugo Immobiliare, Unifortune Asset Management (where he serves as Chairman of the Board), CPL Concordia (where he is Chaiman of the Risk and Control Committee).
Professor Marzo is a commenter on economic themes for Corriere di Bologna, the local edition of Corriere della Sera. He is often requested to discuss future economic scenarios during interviews and public speaking engagements.Marzo is author of several articles in international refereed journals on macroeconomics and financial economics.
PhD in economics, Yale University (2002); PhD in economics, University of Bologna.
He combines academic activities with active consultancy jobs. He is consultant of several banks and financial intermediaries with respect to Risk Management and Portfolio analysis. Moreover, he is often involved as consultant in trials with financial murders (insider trading, market manipulations, excessive risk taking). Currently he is board member of several companies and investment funds, as independent board member: Simgest SIM, Finorefici SIM, FactorCoop, CNS, Lugo Immobiliare, Unifortune Asset Management (where he serves as Chairman of the Board), CPL Concordia (where he is Chaiman of the Risk and Control Committee).
Professor Marzo is a commenter on economic themes for Corriere di Bologna, the local edition of Corriere della Sera. He is often requested to discuss future economic scenarios during interviews and public speaking engagements.Marzo is author of several articles in international refereed journals on macroeconomics and financial economics.
PhD in economics, Yale University (2002); PhD in economics, University of Bologna.
- Drivers of Demand and Supply in the Euro Interbank Market: the Role of 'Key Players' during the Recent Turmoil, with C. Liberati, P. Zagaglia and P. Zappa, in Financial Markets and Portfolio Management 29 (2015)
- Asymmetric Information and Term Lending in the Euro Money Market: Evidence from the Beginning of the Turmoil, with P. Zagaglia, in The Quarterly Review of Economics and Finance 54:4 (2014)
- Domestic Versus International Determinants of European Business Cycles: a GVAR Approach, with M. Boschi and S. Salotti, in Empirical Economics 49 (2015)
- Designing a Trading Market, in Market Microstructure in Emerging and Developed Markets: Price Discovery, Information Flows, and Transaction Costs, H. K. Baker and H. Kiymaz (editors), Johns Wiley & Sons (2013)
- Effective Trade Execution, with R. Cesari and P. Zagaglia, in Portfolio Theory and Management K. Baker and G. Filbeck (editors), Oxford University Press (2013)
- Trading Strategies, Portfolio Monitoring, and Rebalancing, with R. Cesari, in Portfolio Theory and Management, H. K. Baker and G. Filbeck (editors), Oxford University Press (2013)
- Volatility Forecasting for Crude Oil Futures, with P. Zagaglia, in Applied Economics Letters 17:16 (2010)
- A Note on the Conditional Correlation between Energy Prices: Evidence from Future Markets , with P. Zagaglia, in Energy Economics 30:5 (2008)
- An Inventory of Simple Monetary Policy Rules in a New Keynesian Macroeconomic Model , with T. A. Lubik, in International Review of Economics & Finance 16:1 (2007)