About the Authors

Jean-Pierre Allegret is Professor of Economics at the University of Paris Ouest Nanterre La Défense and Deputy director of Economix research center (UMR 7235 CNRS and University of Paris Ouest Nanterre La Défense). He is the author of books and studies on international monetary issues such as the policy-mix in emerging economies during financial crises, the financial liberalisation in emerging economies and the new architecture of the international financial system. He published in Academic Journal such as Applied Economics, Economic Modelling, Journal of International Money and Finance, Journal of Policy Modeling, Louvain Economic Review, Open Economies Review, Panoeconomicus, Post-Communist Economies, The Review of International Organizations, The Review of International and Political Economy, The Journal of Economic Integration, The European Journal of Development Research, Revue Economique, Revue Française d’Economie. Jean-Pierre Allegret is member of Editorial Board or Associate Editor of several international journals.

Jan Babecký is Research Coordinator at the Economic Research Department of the Czech National Bank, Prague. He received his Doctorate in Economics from the University of Paris-1 Panthéon-Sorbonne and Ph.D. in Economics (accredited by the New York State Board of Regents) from the Centre for Economic Research and Graduate Education at the Charles University, Prague. His research interests concentrate on international macroeconomics, labour economics and international finance. His research appeared in a wide range of journals including Journal of Financial Stability, Journal of International Money and Finance, Journal of Comparative Economics, Labour Economics, Scandinavian Journal of Economics, and the Economics of Transition.

Jörg Bibow is Professor of economics at Skidmore College. His main research areas are international finance and European integration as well as international trade and development and the history of economic thought. A particular research focus is on central banking and financial systems and the effects of monetary policy on economic performance, especially the monetary policies of the Bundesbank and the European Central Bank. This work builds on his earlier research on the monetary thought of John Maynard Keynes. Bibow has lectured at the University of Cambridge, University of Hamburg, and Franklin University Switzerland on central banking and European integration and was a visiting scholar at the Levy Institute. He received a bachelor’s degree with honors in economics from the University of the Witwatersrand, a diplom-volkswirt from the University of Hamburg, and MA and Ph.D. degrees in economics from the University of Cambridge.

Mariangela Bonasia <bonasia@uniparthenope.it>, Ph.D. in Public Economics (University of Salerno), is Assistant Professor in Economic Policy – University of Naples “Parthenope,” Department of Business and Economics. Mariangela Bonasia is affiliated to Institute for the Studies on Mediterranean Societies (ISSM), National Research Council of Italy (CNR). Mariangela Bonasia’s research interests include the political economy of welfare system, interregional migration, happiness economics and trust in national and supranational institutions.

Recent Publications:

2016 Trust in institutions and income inequality in the eurozone: The role of the crisis. With Canale R.R., Liotti G. and N. Spagnolo (2016). In Engineering Economics, 27(1), 4–12.

2015 On the objective of sound public finance in Eurozone with R.R. Canale In Rivista Internazionale di Scienze Sociali (pp.161–178). ISSN:0035-676X (2).

2015 (2015). Happiness, taxes and social provision: A note with Albanese M., Napolitano O. and N. Spagnolo. In Economics Letters, 135, 100–103. ISSN:0165-1765.

2014 Population dynamics and regional social security sustainability in Italy with De Siano R. In Regional Studies, 1–13.

2012 Determinants of interregional migration flows: the role of environmental factors in the Italian case with Napolitano O. in Manchester School, 4, 525–544.

Rosaria Rita Canale <rorita.canale@uniparthenope.it>, Ph.D. in Economics (Naples “Federico II” University), is Associate Professor of Economic Policy – University of Naples “Parthenope,” Department of Business and Economics. Rosaria Rita Canale is affiliated to Institute for the Studies on Mediterranean Societies (ISSM), National Research Council of Italy (CNR). Rosaria Rita Canale’s research interests include Fiscal and monetary policy, European Monetary Union, Institutions, International economics and history of economic thought.

Recent Publications:

2016-Trust in institutions and income inequality in the Eurozone: The role of the crisis with M. Bonasia, Liotti G. and Spagnolo N. in Engineering Economics, 27(1). doi:10.5755/j01.ee.27.1.12581

2015 Capital flows, long term bond yields and fiscal stance: the Eurozone policy trilemma, in Portuguese Economic Journal, 14(1), 31–34. doi:10.1007/s10258-015-0110-5

2015 Structural adjustment and unemployment in Eurozone with Liotti G. in Australian Economic Review, 48(2), 113–121.

2015 National disparities and cyclical dynamics in Italy (1872–2007). Was Mezzogiorno a Sheltered Economy?, with O. Napolitano in International Review of Applied Economics, 23(3), 328–348.

2015 Current account and fiscal imbalances in the Eurozone: Siamese twins in an asymmetrical currency union with Marani U. (2014). International Economics And Economic Policy, 12(2), 189–203. 10.1007/s10368-014-0268-9

2015 On the Objective of a Sound Public finance in the Eurozone, with Bonasia M. in Rivista Internazionale di Scienze Sociali, 2, 161–168.

2014 Structural Public Balance adjustment effects on growth in 25 OECD countries and Eurozone with Liotti G. e Napolitano O. in Comparative Economic Studies, 56(4), 635–656. doi:10.1057/ces.2014.26

Tiago Cardao-Pito is Assistant Professor at ISEG, Lisbon School of Economics and Management, University of Lisbon. He has obtained a Ph.D from the University of Strathclyde in Glasgow, UK. He develops and studies multidisciplinar research in fields such as economic sociology, management, organization studies, and heterodox economics.

Collin Constantine is a PhD student in Economics at Kingston University and a Member of the Political Economy Research Group (PERG). His dissertation investigates the determinants of the Eurozone current account imbalances but his research interests extend to institutions, inequality, development economics and new political economy. He holds a MSc in Development Economics from SOAS, University of London and is a recipient of a PhD studentship from Kingston University in 2015.

Elina De Simone is Assistant Professor in public finance at the Department of Business and Economics of the University Parthenope of Naples, Italy. She got her master degree from the University of Paris 1 Panthéon Sorbonne and her PhD from the University of Naples l’Orientale. She was visiting research at the University of York (United Kingdom), Beijing University of Ren Min (China) and Moscow Higher School of Economics (Russian Federation). Her research interests focus on budgetary institutions, political economy of fiscal policy and on cultural economics. Her works are published in Applied Economics, Social Indicators Research, Administration and Society and Frontiers of Economics in China.

Júlia Ďurčová is Assistant Professor at Faculty of Economics, Technical University of Košice, Slovak republic. She is co-author of three books (Economic Aspects of Capital Flows Liberalization in the European Transition Economies, Monetary Rules and Their Importance in the Context of Monetary Union and Economic Crisis, and The Euro Area and the Economic Crisis). She is deputy principal investigator in two projects from national grant schemes and researcher in eight domestic and foreign projects. Her research covers following areas: Monetary Policy, International Trade, International Capital Flows, Global Value Chains.

Marcella D’Uva is Associate Professor of Economics at the University of Parthenope of Naples, Department of Business and Economics. Her fields of research are regional economics and spatial econometrics. In detail the research themes focus on asymmetries in monetary policy transmission, economic convergence and growth, the relationship between productive specialization and economic growth and the effects of fiscal decentralization on public spending spillovers. Her publications are in Applied Economics, Applied Economic Letters, Geographical Analysis, Regional Studies, among others.

Pasquale Foresti is Fellow in European Political Economy at the London School of Economics and Political Science (European Institute) and Lecturer in Economics at Coventry University. His main research interests deal with macroeconomics, economics of monetary unions, monetary and fiscal policy interactions, money demand and institutional and economic aspects of the EMU.

Giuseppe Lucio Gaeta is Assistant Professor of Public Economics at the University of Naples L’Orientale (Italy) and associated research fellow at the cMET05 InterUniversity Centre for Applied Economic Studies on Industrial Policy, Local Development and Internationalization (Italy). His research focuses on Political Economy and Education Economics. His works are published in Annals of Public and Cooperative Economics, Administration & Society, Journal of Behavioral and Experimental Economics, Empirica – Journal of European Economics.

Alfredo Hernandez Sanchez is doctoral student in political science (track political economy) at the Central European University in Budapest. His research interest include financial crisis, network theory, international political economy, global governance.

Julius Horvath is Acting Dean of CEU Business School, Professor in the Department of Economics. He is a former (2006–2011, 2014–2016) Head of the Department of Economics, and also former Head of Department of International Relations (2002–2006). His main interest lies in international economic policy issues, political economy of monetary relations, and history of economic thought. At CEU he teaches courses on Global Economy: Emergence and Issues, History of Economic Thought, International Economic Policy and Political Economy of International Money. He has published in journals as Journal of Comparative Economics, Contemporary Economic Policy, Applied Economics, Economic Systems, Journal of Economic Integration, Nationalities Papers, Journal of Economic Interaction and Coordination. He has published also chapters at publishing houses as Palgrave MacMillan, Edgar Elgar, Kluwer Academic, Duncker and Humblot Berlin. He was a Member of the Slovak and Czech Accreditation Committees, and the Chair of the Slovak Economic Association. He serves on the editorial boards of 11 academic journals.

John Hudson is Professor of economics at the University of Bath. He holds a PhD and a masters degree from Warwick University. He has advised the Departments for Trade and Industry and International Development as well as the South West Regional Development Agency, all in the United Kingdom. His research has been presented to the OECD and he has been a keynote speaker at conferences throughout Europe. A past vice-president of the European Academy for Standardization, he has also been a visiting professor at The University of Economics in Bratislava and Cerdi, University of Auvergne. His research spans the whole of economics and much of the social sciences and has been published in approximately 100 papers in leading journals in economics, the social sciences and the sciences. In the context of this paper he has a particular interest in innovation, new technology and technology acceptance.

Marko Janković was born in September 24, 1981. in Aleksiniac. Graduated from “Faculty of Economics” in Nis, in which he obtained Bachelor and Master degree. Finished PhD studines in “International Business School” in Bulgaria, January 21, 2014. Got his broker licence in 2009 in Belgrade, from Commission for Securities, Republic of Serbia. During his professional career he worked as Head of Commercial service in “Feros doo”, Aleksinac, and as Chief Executive Officer in “Parking Service,” Nis. He obtaned his Assistant Professor Scientific title in “Faculty of Business Economics and Entrepeneurship”, Belgrade. Passed his professional exam, in 2016, In the Ministry of administration and local self-government, Serbia. Author of two monographs and over 30 scientific papers. Member of editorial Board, of scientific journal “Ekonomika,” Nis. He is also an editor and reviewer in the science journal” Views,” Leskovac.

Nikolaos Karagiannis is Professor of Economics at Winston-Salem State University, North Carolina, USA; invited Visiting Professor at the University of Cambridge, England; and the co-editor of the journal American Review of Political Economy. He has authored, co-authored, and co-edited 18 books, and has published over 70 papers in scholarly journals and edited books, and over 60 short papers and articles in newspapers, magazines, and electronic media sources in the areas of economic development, public sector economics, and macroeconomic policy analysis. Karagiannis is particularly interested in Developmental State theory and policy, and his research has focused extensively on the applicability of this interventionist perspective in different contexts such as EU countries, the United States, Caribbean small island economies, and North African countries. His latest books include The US Economy and Neoliberalism: Alternative Strategies and Policies (hardcover and paperback), and Europe in Crisis: Problems, Challenges, and Alternative Perspectives.

Ines Kersan-Skabic was born in Pula, Croatia in 1972. She acquired master’s and Ph.D. degree in Faculty of Economics and Business, University of Zagreb, Croatia. Now she is a full professor at Juraj Dobrila University of Pula (Croatia), Faculty of Economics and Tourism “Dr. Mijo Mirkovic” and Head of department of national and international economics. She is also head of Center for European Research at Juraj Dobrila University of Pula. She teaches: International Economics, International Finance, EU Economics; European economic integrations, EU’s Programmes and Funds (Jean Monnet Module). Her research interests include: international trade, international finance, indebtedness, exchange rates, FDI, competitiveness. She has published one book, two editorial books and over 60 papers in refereed journals, book chapters and in proceedings of international conferences. More info about her publications: http://bib.irb.hr/lista-radova?autor=217986&lang=EN

Luboš Komárek is Director of the External Economic Relations Division at the Czech National Bank and Professor of Economics at Charles University, Prague, the Technical University of Ostrava and the University of Finance and Administration, Prague. He has been vice-president (2006–2008) and president of the Czech Economic Society (2008–2010) and published many articles in peer-reviewed journals such as Economic Systems, the Czech Journal of Economics and Finance, Eastern European Economics and Emerging Markets Finance and Trade. His research is mainly oriented on the issue of equilibrium exchange rates, FX interventions, applied monetary policy, financial integration, asset price bubbles and financial stability issues.

Zlatuše Komárková is head of Systemic Risk at the Czech National Bank and Assistant Professor at the University of Finance and Administration, Prague. She received her Doctorate in Economics from Prague School of Economics. Her research is oriented mainly on financial stability issues, such as liquidity stress testing, estimating financial integration, yield curve modelling and evaluation of sovereign risk. She regularly publishes in peer-reviewed journals such as the Czech Journal of Economics and Finance, Emerging Markets Finance and Trade, and Politická ekonomie.

Rajmund Mirdala is Associate Professor and head of Department of economics at Faculty of Economics, Technical University of Košice, Slovak republic. He is author of five books (Fiscal Policy in the European Converging Economies, Exchange Rates in the Central European Countries, Economic Aspects of Capital Flows Liberalization in the European Transition Economies (co-author), Monetary Rules and Their Importance in the Context of Monetary Union and Economic Crisis (co-author), The Euro Area and the Economic Crisis (co-author)). He has published 30 +  articles in foreign scientific journals, 10 +  articles in domestic scientific and professional journals, 40 +  articles in domestic and foreign conferences. He is principal investigator in three projects from national grant schemes, deputy principal investigator in three projects from national grant schemes and researcher in eight domestic and foreign projects. He is a member of 17 editorial boards of foreign scientific journals and reviewer for 26 domestic and foreign scientific journals (8 listed in WoS – Current Contents). His research covers following areas: Macroeconomic and Microeconomic Theory, Monetary Policy, Monetary Integration, International Financial Integration, Exchange Rates, Fiscal Policy, International Capital Flows, Transition Economies, Global Imbalances.

Dragan Momirović was born in 1955 in Soko Banja, Republic of Serbia. Momirović graduated from the Faculty of Economics in Nis. At the same university Momirović became a Master of Economic Sciences. At Megatrend University in Belgrade, Momirović became a doctor of economic sciences. Momirović have published over 70 papers in relevant national and international journals and national and international scientific symposiums. At the same time Momirović have published four textbooks in the field of General Economics, six monographs, one of which is a monograph published in Germany. Momirović was the editor in two international journals and two relevant domestic magazines. Momirović was a participant on three projects. The field of Momirović’s scientific opus is Microeconomics, Macroeconomics, Monetary Economics and Tourism of love.

Oreste Napolitano is Associate Professor of economics at University of Naples “Parthenope,” Department of Business and Economic Studies. His main research areas are monetary policy and fiscal policy, money demand, regional economics and happiness economics. He is affiliated as researcher at CNR – Institute for the Studies on Mediterranean Societies (ISSM) and GILPE, as research fellow at CRISEI and member of World Economics Association (WEA), Neo-Latin Economists Group, SIE – Italian Economic Society.

Araceli Ortega-Díaz holds a PhD in Economics from Essex University, an MSc in Econometrics and Mathematical Economics from LSE, and a BSc in Actuarial Science from UNAM. She has been a visiting Scholar at Harvard Kennedy School of Government in Woodrow Wilson Center – Georgetown University. She is the leader for Mexico-NOPOOR under FP7 European Commission framework for the best strategies to reduce poverty and inequality. In ITESM she was the Research Director of the Government School from 2014 to 2015, and since 2008 is a Professor of econometrics, impact evaluation and experimental economics. Previously she worked in the Federal Government and in the Mexican Stock Exchange.

Marta Orviska is Professor of finance, banking and investment at Matej Bel University, Banska Bystrica. She is one of the most cited economists in Slovakia. Her research interest is focused on macroeconomics and public finance, including tax policy and tax evasion, standardisation, wellbeing, voting behaviour and the analysis of attitudes to, for example, NATO and the EU in the new applicant countries and new members of the EU, and to new technologies. She has held several positions in national and international projects in these areas. She has a large number of publications in leading academic journals. She was, and is, a member of several professional, national and international boards and committees.

Maja Ranđelović was born in May 3, 1991 in Nis. Graduated from “Faculty of Economics” in Nis 2014, with very high average grade (9, 5 of 10), where she obtained Bachelor and Master degree. Currently on PhD studies in Management, in John Neizbitt University, Zajecar. During her professional career worked as Associate for payment operations, and as Head of internal control department. Scientific title of Assistant she earned in 2016, in “Faculty of Business Economics and Entrepeneurship,” Belgrade.

Sergio Rossi is Full Professor of Economics at the University of Fribourg, Switzerland, where he holds the Chair of Macroeconomics and Monetary Economics since 2005. He has a PhD degree in Economics of the University of Fribourg (1996) and a PhD degree in Economics of the University College London (2000). His research interests are in macroeconomic analysis, particularly as regards national as well as international monetary and financial issues. He has authored or edited about 20 books including an Encyclopedia of Central Banking, widely published in academic journals, and is frequently invited to TV talk-shows discussing contemporary macroeconomic issues both at national and international level. He is a columnist for a variety of newspapers addressing economic-policy issues related to the euro-area crisis, and a member of the editorial board of Cogent Economics and Finance, International Journal of Monetary Economics and Finance, Review of Keynesian Economics, and Review of Political Economy.

Aufrey Sallenave is assistant Professor of Economics at the University of Toulon. Her fields of interest concern the international monetary issues, the modelisation of real exchange rate equilibrium and more generally applied macroeconomics and econometrics. She published in Academic Journal such as Applied Economics, Economic Modelling, International of Economics, Journal of Macroeconomics, and Post-Communist Economies.

Roberto J. Santillán-Salgado earned his Ph.D. in Business Administration from the ITESM-University of Texas at Austin joint Doctoral Program. He is a Full Professor of Finance at EGADE Business School, Monterrey, Mexico, holds a Level III Distinction of the National Researchers System of Mexico, is a member of the Mexican National Academy of Science, and is President of the Latin American Chapter of the American Academy of Financial Management.

Daniele Schilirò is Associate Professor of Economics at University of Messina, Department of Economics since 1992. B.A. (Laurea) in Economics, Catholic University of Milan. Researcher and Member of the Scientific Committee of the Centre of Research in Economic Analysis (CRANEC) Università Cattolica di Milano. Scholarship “Bonaldo Stringher,” Bank of Italy, Rome. M-Phil program in Political Economy at the University of Cambridge (United Kingdom) 1979/1980; Special Graduate Student at the University of Yale (United States) 1980/1981. Research scholar in macroeconomics, history of economic analysis at the Universities of Cambridge and Oxford (United Kingdom), University of Twente (Netherlands). Visiting Professor at University of Dubai (UAE), and University of Valencia (Spain). Member of Editorial Board of the International Journal of Social Science Studies. Co-Editor of the Journal of Advanced Research in Economics and International Business. Research Fields in Behavioral Economics, History of Economic Analysis, Macroeconomics, Microeconomics and Industrial Organization, Knowledge Economy, Coopetition, European Economy.

Yaya Sissoko held his Ph. D. from Southern Illinois University – Carbondale, USA. He is an Associate Professor in the Department of Economics of Indiana University of Pennsylvania. Dr. Sissoko has contributed chapters to five books and published articles in several peer-reviewed journals including the International Advances in Economic Research, Energy Economics, Review of Regional Studies and African Journal of Finance. His areas of interest includes international finance, international economics, monetary economics, development economics, international trade, environmental and natural resource economics and econometrics. Dr. Sissoko serves as advisor of the Pan-African Student Association (PASA), a member of the Board of Directors of the Pennsylvania Economic Association (PEA), and the Editorial Board of the African Journal of Accounting, Economics, Finance and Banking Research.

Brian W. Sloboda is currently an economist at the U.S. Department of Labor. He also teaches courses at the University of Phoenix and University of Maryland University College. He is currently an associate chair for the Center of Management and Entrepreneurship in the School of Advanced Studies at the University of Phoenix. Brian has published articles in the Review of Regional Studies, Journal of Economics, Current Politics and Economics in Africa, Advances in Econometrics, Annals of Regional Science, Advances and Applications in Statistics, Tourism Economics, Journal of Transportation and Statistics, Pennsylvania Economic Review, International Journal of Transport Economics, Journal of Business and Economic Perspectives, Journal of Business and Applied Economics, Journal of Applied Business and Economics, and the Virginia Economic Journal. He also edited Transportation Statistics (2009) by J Ross and also co-edited Econometric and Forecasting Models (2013) with Chandrasekhar Putcha and Kalamogo Coulibaly by Mellen Press.

Edward K. Zajicek is Associate Professor of Economics in the Department of Economics and Finance at Winston-Salem State University in North Carolina. Prior to coming to the United States, he obtained his B.S. degree in Mechanical Engineering from Warsaw Polytechnic and an M.S. degree in Finance and Statistics from Warsaw School of Economics. He received his Ph.D. degree in Economics from Virginia Tech in 1990. Prior to joining faculty at Winston Salem-State University in 2004, Dr. Zajicek taught at various schools in the United States and abroad including Warsaw School of Economics, West Virginia University, Hope College, Virginia Military Institute, Smith College, and Kalamazoo College. His areas of interest are financial economics, money and banking, comparative economic systems, and macroeconomics.