Francesca Caselli

Last Updated: May 05, 2021

Francesca Caselli

Francesca Caselli is an economist in the World Economic Studies Division of the IMF Research Department. Previously, she worked in the IMF European Department. Her research focuses on applied econometrics, international economics, and trade. She holds a Ph.D. in International Economics from the Graduate Institute in Geneva.

Email: FCASELLI@imf.org

Personal WebPage: https://sites.google.com/site/francescagaiacaselli/

Fluent In: Italian.

Education:

Ph.D. in International Economics, The Graduate Institute, Geneva, 2011 - 2015

M.Sc. in International Economics, The Graduate Institute, Geneva, 2009 - 2011

M.Sc. in Political Science and International Relations, Università Cattolica del Sacro Cuore, Milan, 2006 - 2009

B.A. in Political Science and International Relations, Università Cattolica del Sacro Cuore, Milan, 2003 - 2006


Previous Experience:

Economist (Economist Program) - IMF Research Department Mar 2017 - Sep 2018

Economist (Economist Program) - IMF European Department Sep 2015 - Mar 2017


Referee Activities:

Journal of Monetary Economics, Journal of International Money and Finance, Oxford Economic Papers, Review of International Economics, Swiss Journal of Economics and Statistics, Review of Economics and Institutions, Econometrics and Statistics, and Economia.


Field of Expertise:

Monetary Policy

Public Finance

International Trade

IMF Books and Working Papers:

Gender and Employment in the COVID-19 Recession: Evidence on “She-cessions” , Working Paper No. 2021/095 , March 31, 2021

Mobility under the COVID-19 Pandemic: Asymmetric Effects across Gender and Age , Working Paper No. 2020/282 , December 11, 2020

Individual Treatment Effects of Budget Balance Rules , Working Paper No. 2020/274 , December 11, 2020

Protecting Lives and Livelihoods with Early and Tight Lockdowns , Working Paper No. 20/234 , November 08, 2020

Predictive Density Aggregation: A Model for Global GDP Growth , Working Paper No. 20/78 , May 29, 2020

Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock , Working Paper No. 19/75 , March 28, 2019

Do Fiscal Rules Cause Better Fiscal Balances? A New Instrumental Variable Strategy , Working Paper No. 19/49 , March 05, 2019

Expectations' Anchoring and Inflation Persistence , Working Paper No. 18/280 , December 11, 2018

Is Inflation Domestic or Global? Evidence from Emerging Markets , Working Paper No. 18/241 , November 08, 2018

Bunching at 3 Percent: The Maastricht Fiscal Criterion and Government Deficits , Working Paper No. 18/182 , August 03, 2018

Did the Exchange Rate Floor Prevent Deflation in the Czech Republic? , Working Paper No. 17/206 , September 20, 2017

Non-Linear Exchange Rate Pass-Through in Emerging Markets , Working Paper No. 16/1 , January 05, 2016

Selected Issue

Slovakia Article IV Selected Issues - EU Funds: Enhancing Absorption to Reduce Regional Disparities

Other Published Materials

Second-Generation Fiscal Rules: Balancing Simplicity, Flexibility, and Enforceability, Staff Discussion Notes No. 18/04, Technical Background Paper

Francesca Caselli

Francesca Caselli is an economist in the World Economic Studies Division of the IMF Research Department. Previously, she worked in the IMF European Department. Her research focuses on applied econometrics, international economics, and trade. She holds a Ph.D. in International Economics from the Graduate Institute in Geneva.

Email: FCASELLI@imf.org

Personal WebPage: https://sites.google.com/site/francescagaiacaselli/

Fluent In: Italian.

Education:

Ph.D. in International Economics, The Graduate Institute, Geneva, 2011 - 2015

M.Sc. in International Economics, The Graduate Institute, Geneva, 2009 - 2011

M.Sc. in Political Science and International Relations, Università Cattolica del Sacro Cuore, Milan, 2006 - 2009

B.A. in Political Science and International Relations, Università Cattolica del Sacro Cuore, Milan, 2003 - 2006


Previous Experience:

Economist (Economist Program) - IMF Research Department Mar 2017 - Sep 2018

Economist (Economist Program) - IMF European Department Sep 2015 - Mar 2017


Referee Activities:

Journal of Monetary Economics, Journal of International Money and Finance, Oxford Economic Papers, Review of International Economics, Swiss Journal of Economics and Statistics, Review of Economics and Institutions, Econometrics and Statistics, and Economia.


Field of Expertise:

Monetary Policy

Public Finance

International Trade

IMF Books and Working Papers:

Gender and Employment in the COVID-19 Recession: Evidence on “She-cessions” , Working Paper No. 2021/095 , March 31, 2021

Mobility under the COVID-19 Pandemic: Asymmetric Effects across Gender and Age , Working Paper No. 2020/282 , December 11, 2020

Individual Treatment Effects of Budget Balance Rules , Working Paper No. 2020/274 , December 11, 2020

Protecting Lives and Livelihoods with Early and Tight Lockdowns , Working Paper No. 20/234 , November 08, 2020

Predictive Density Aggregation: A Model for Global GDP Growth , Working Paper No. 20/78 , May 29, 2020

Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock , Working Paper No. 19/75 , March 28, 2019

Do Fiscal Rules Cause Better Fiscal Balances? A New Instrumental Variable Strategy , Working Paper No. 19/49 , March 05, 2019

Expectations' Anchoring and Inflation Persistence , Working Paper No. 18/280 , December 11, 2018

Is Inflation Domestic or Global? Evidence from Emerging Markets , Working Paper No. 18/241 , November 08, 2018

Bunching at 3 Percent: The Maastricht Fiscal Criterion and Government Deficits , Working Paper No. 18/182 , August 03, 2018

Did the Exchange Rate Floor Prevent Deflation in the Czech Republic? , Working Paper No. 17/206 , September 20, 2017

Non-Linear Exchange Rate Pass-Through in Emerging Markets , Working Paper No. 16/1 , January 05, 2016

Selected Issue

Slovakia Article IV Selected Issues - EU Funds: Enhancing Absorption to Reduce Regional Disparities

Other Published Materials

Second-Generation Fiscal Rules: Balancing Simplicity, Flexibility, and Enforceability, Staff Discussion Notes No. 18/04, Technical Background Paper

Books

Aid in Fragile States (with A. Presbitero), in Macroeconomic Policy in Fragile States, edited by R. Chami, R. Espinoza, and P. Montiel, Oxford University Press, Oxford, 2020.

Publications in Journals (Refereed)

Heterogeneous effects of fiscal rules: The Maastricht fiscal criterion and the counterfactual distribution of government deficits, European Economic Review, forthcoming, (with P. Wingender)

Protecting Lives and Livelihood with Early and Tight Lockdowns, B.E. Journal of Macroeconomics, forthcoming, (with F. Grigoli and Damiano Sandri).

Is Inflation Domestic or Global? Evidence from Emerging Markets, International Journal of Central Banking, conditionally accepted, (with R. Bems, F. Grigoli, and B. Gruss)

Do fiscal rules cause better fiscal balances? A new instrumental variable strategy, European Journal of Political Economy, Vol. 63, June 2020, (with J. Reynaud)

Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock, Economics Letters, Vol 188, March 2020, (with R. Bems, F. Grigoli, and B. Gruss)

China’s Rise, Asymmetric Trade Shocks and Exchange Rate Regimes, Review of International Economics, Vol. 27, No. 1, (2019)

Nonlinear Exchange Rate Pass-Through in Emerging Markets, Markets, International Finance, Vol. 1, No. 28 (2019), (with A. Roitman)

Did the Exchange Rate Prevent Deflation in the Czech Republic?, Review of Economics and Institutions, Vol. 8, No. 2 (2017)