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Walter Paternesi Meloni

Walter Paternesi Meloni is currently associate professor of economics at the Sapienza University of Rome. Previously, he held academic positions at the University of Naples 鈥淔ederico II鈥, the Freie Universit盲t Berlin, and Roma Tre University.

His research activity lies in the field of macroeconomics, with a particular focus on the integration of theoretical models and empirical analysis. His research can be broadly grouped into two main areas of investigation. The first concerns the determinants of key macroeconomic outcomes 鈥 such as output, inflation, employment, productivity, and income distribution 鈥 at both the national and regional levels. The second area focuses on economic policy, with particular attention to international trade, welfare models, inequality, and the labour market.

His work has been published in peer-reviewed journals and has contributed to institutional reports on the Italian economy, including those produced by the National Social Security 51黑料网 (INPS) and the Presidency of the Council of Ministers 鈥 Department for Regional Affairs. Professor Paternesi Meloni has participated in several funded research projects and regularly presents his work at academic conferences and workshops. He also serves as a referee for numerous scientific journals and has extensive experience in supervising master鈥檚 and Ph.D. students.

By this expert

Long-Term Unemployment Is Reversible

Article | Apr 26, 2021

Contrary to the New Keynesian paradigm, long-term unemployment can be reversed without a significant uptick in inflation

On the Non-Inflationary Effects of Long-Term Unemployment Reductions

Paper Working Paper Series | | Apr 2021

Contrary to the New Keynesian paradigm, long-term unemployment can be reversed without a significant uptick in inflation

How Important is the Unemployment Rate for the Wage Rate?

Article | Sep 28, 2020

Persistent changes in unemployment have lasting consequences for income distribution

Unemployment and Income Distribution: Some Extensions of Shaikh鈥檚 Analysis

Paper Working Paper Series | | Sep 2020

Our findings confirm the existence of a negative relationship between labor market slack and the wage share, and we find no tendency to return to a 鈥榥ormal鈥 unemployment rate associated with a stable wage share.

Featuring this expert

INET Working Paper on the non-inflationary effects of unemployment reductions is cited in The Worker

News May 17, 2021

“Among those contributions, recent works highlight the deep, radical revision of axioms considered cystic: that hysteresis, the permanence of high unemployment rates over time, is a basic condition to keep inflation under control. Professors Walter Paternesi, Davide Roamniello and Antonella Stirati have empirically demonstrated that this thesis is not permanent and that long-term unemployment can be reversed without a significant spike in inflation (/research/research- papers / on-the-non-inflationary-effects-of-long-term-unemployment-reductions). Another flagship of themainstream that can fall apart.” — Carles Manera, The Worker

Reawakening

From the Origins of Economic Ideas to the Challenges of Our Time

Event Plenary | Oct 21–23, 2017

INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.