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Italy & Europe, Why Greeks Had no Hurdles in Approving the Modified ESM

The ratification of the modified ESM treaty by the Greek parliament took place easily, and smoothly, without the usual political tensions. The text was submitted to the plenary on the 28th of June 2021 and a week later, on July 6th, it was adopted by...

Why is the ESM so Controversial Only in Italy? A conversation with Klaus Regling

The former managing director of the ESM discusses the long-term consequences of the Euro crisis and its aftermath.

Monetary Policy in the COVID Era and Beyond: the FED vs the ECB

Federal Reserve monetary policy has been more expansionary than the one predicted by the rule until the second quarter of 2022, then this tendency was reversed. The evidence is very different for the case of the Euro area, where the observ...

Altomonte Carlo

Carlo Altomonte

BA in Economics (with major in International Economics) from Università Bocconi. PhD in International Law and Economics from Università Bocconi. MA in Economics (UC Louvain) and PhD in Applied Economics from KU Leuven.

Carlo Altomonte was Program Director of World Bachelor in Business. SDA Professor of Macroeconomics and International Business Environment within the Executive MBA programs, for which he has been awarded the ‘Best MBA Teacher’ prize. Visiting scholar at Paris School of Economics (Panthèon-Sorbonne, Paris, France), London School of Economics (Londra, Regno Unito), European Central Bank, KU Leuven (Lovanio, Belgium). Consultant on international trade and investment issues to the European Commission, the European Parliament, the Division of Investment and Enterprise of UNCTAD (UN - Geneva) and the European Central Bank. Member of the Group of Experts on Economic Policy with the Italian Office of the Prime Minister. Senior Research Fellow at the Institute of International Studies (ISPI), Milan; Non-Resident Fellow at the think-tank Bruegel, Brussels.

Research Interests: European Integration, International Trade and Industrial Economics, Analysis of Multinational Corporations, Economic geography, Political economy of globalization.

Bank Profitability in Uncertain Times

While banks are now profiting from the new interest rate scenario, the ultimate long-term effect of heightened interest rates on bank performance remains uncertain.

Italy & Europe, How Germany Learned to Stop Fearing the ESM

With the establishment of the ESM, the original form of the states' own responsibility for their budgetary policy (no bailout clause), which was central to Germany, has been permanently softened.

Do EU Directives on Women on Boards and on Pay Transparency Reduce Gender Gaps?

The EU directives on Women on Boards and on Pay Transparency have a clear objective: to reduce gender gaps in European countries. Assessing their effectiveness requires a thorough understanding of the outcomes of similar policies based on research.

Which Governance for AI? The Case for an ad-hoc Authority

The ongoing conversation among the European Union institutions that started when the Commission released its proposal also features a variety of views on which (and how many) authorities both at EU level and at Member State should lead the governance...

Policy Brief n.1 - Is Europe Ready for Further Political Integration?

To understand the feasibility of further integration, we study the extent and evolution of cultural and policy views heterogeneity in Europe leveraging international survey data. We calculate the distribution of cultural and policy views distance bot...

Breschi Stefano

Stefano Breschi

Stefano Breschi is Professor of Applied Economics and Director of the Invernizzi Center for Research on Innovation, Organization, and Strategy (ICRIOS) at Bocconi University. He obtained his PhD from the University of Pavia, and his MSc degree from MERIT, University of Maastricht.