Gennaro ZezzaPresent position: Associate professor of Economics at the Department of Economics and Law, University of Cassino and Southern Lazio.
Education: Master degree in Economics, University of Naples.
Research interest: Involved in the following research groups:
1. U.S. growth in the medium term, and its relation with global imbalances. With D.B. Papadimitriou and G. Hannsgen.
As part of the Levy Institute Macroeconomic Team, I am in charge of a macroeconometric model used to simulate scenarios for the U.S. economy, conditional on monetary and fiscal policies.
2. Medium term prospects for the Eurozone. With D.B. Papadimitriou and V. Duwicquet
I am coordinating a research project aimed at building a stock-flow-consistent model for Germany, France, Italy, Greece and the other Eurozone countries.
3. Keynes as a speculator, in a group coordinated by M.C. Marcuzzo
In this project I am examining possible scenarios for reforms of the international monetary system, in the light of Keynes’ proposal for an International Clearing Union.
4. Income distribution, finance and profits. With A. Shaikh
We examine theoretical models in the Marxian, post-Keynesian and Circuitist approaches which address the so-called “paradox of profits” in stationary and growing economies.
5. Well-being, saving, and perceived happiness among italian households. With M. Pugno and M.Malgarini.
In this project we analyze subjective happiness of Italian households, based on a monthly survey coordinated by M.Malgarini for the Italian institute of statistics as part of an harmonized European project.
6. Micro and Macro Vulnerability. With A.Altimari and F. Spinelli.
We examine operational definitions of vulnerability both at the micro level – using monthly surverys of Italian households – and at the macro level – using growth regressions for a cross-section of countries, to investigate the usefulness of the concept with respect to other measures of poverty and well-being
Awards/Scientific Positions:
- Chair of economics, Faculty of Law, Cassino
- Lecturer in Econometrics, Faculty of Economics, Cassino
- Coordinator – PhD Program in Economics, University of Cassino
- Research Scholar, Levy Economics Institute
Memberships/Refereeing for Journals: Eastern Economic Association; Union of Radical Political Economists.
Main Publications:
Marc Lavoie and Gennaro Zezza (eds.), (2011, forthcoming). The Stock-Flow Consistent Approach: Selected Writings of Wynne Godley, Palgrave MacMillan, Basingstoke.
Dimitri B. Papadimitriou and Gennaro Zezza (eds.), (2011, forthcoming). Contributions in Stock-Flow Modelling, Palgrave MacMillan, Basingstoke.
Gennaro Zezza (2011). “Income Distribution and Borrowing: Tracking the U.S. Economy with a “New Cambridge” Model”, in E. Brancaccio, G. Fontana, The Global Economic Crisis: New Perspectives on the Critique of Economic Theory and Policy, Routledge, pp.99-120
Gennaro Zezza (2011). “Income Distribution and Borrowing: Growth and Financial Balances in the U.S. Economy”, in P. Arestis – R. Sobreira – J.L. Obrero, The Financial Crisis: Origins and Implications, Palgrave MacMillan, pp.87-113.
Gennaro Zezza (2009). “Fiscal policy and the economics of financial balances”, Intervention, 6(2), pp. 289-310.
Gennaro Zezza and Claudio H. Dos Santos (2008). “A simplified, ‘Benchmark’, stock-flow consistent post-Keynesian growth model”, Metroeconomica, LIII, 3, pp.441-478.
Marco Malgarini, Maurizio Pugno and Gennaro Zezza (2008) “Life satisfaction in Italy: Evidence from the ISAE Consumers Survey”, Rivista di Politica Economica, XCVIII(IX-X) 325-356.
Gennaro Zezza (2008). “U.S. Growth, the Housing Market and the Distribution of Income”, Journal of Post Keynesian Economics, XXX, 3, pp.379-405.