Raffaele Miniaci

Associate professor of Econometrics

Dipartimento di Scienze Economiche

Università di Brescia

Via San Faustino, 74/b

25100 Brescia  Italy

Tel.: +39 0302988830,

Fax: +39 0302988837

e-mail: miniaci (at) eco.unibs.it

Research fields:

Econometrics: microeconometrics, econometrics of experimental data, portfolio efficiency analysis.

Applied Microeconomics: household expenditure, savings, portfolio allocation and affordability of basic utilities; experimental economics

Labour economics: household labour supply, retirement, returns on education and skills

 

Education

Doctorate in Economics, University of Bologna, Italy (1995)

Degree in Statistical and Economic Sciences, University of Padua, Italy (1990)

Further education

Post doctoral fellow at Center for Economic Research, Tilburg University (NL) (July– December 1996)

Visiting research student at Department of Economics, University College London (October 1992 – September 1993)

 

Previous Academic Positions:

2001 – 2005: associate professor of Econometrics, School of Statistics, Department of Economics, University of Padua (Italy).

1995 – 2001: Assistant Professor, Faculty of Statistics, University of Padua (Italy).

 

Consulting:

World Bank (2008); Italian Ministry of Economics and Finance (Public Investment Evaluation Unit, 2004); Observatoire de l'Epargne Europeenne (Paris, 2001); OECD (1997 and 1998); GRETA Associati, (Venice 1990 - 1992:).

 

Further academic duties

2008- coordinator of the seminars of Department of Economics

2006- editor of the Department of Economics Discussion Papers series.

 

Publications:

International journals

1. Technology, Skills and Retirement”, Applied Economics, forthcoming, with F. Biagi  and D. Cavapozzi.

2. Household Portfolios and Implicit Risk Preferences”, The Review of Economics and Statistics, forthcoming, with A. Bucciol.

3. Social Preferences and Strategic Uncertainty. An Experiment on Markets and Contracts”, American Economic Review, 2010, 100: 2261-2278. DOI: 10.1257/aer.100.5.2261, with A. Cabrales, M. Piovesan and G. Ponti.

4. Do Social Enterprises Finance Their Investments Differently from For-Profit Firms? The Case of Social Residential Services in Italy”, Journal of Social Entrepreneurship, 2010, 1(2): 174-189, DOI: 10.1080/19420676.2010.511812. With A. Fedele.

5. Mean-Variance Econometric Analysis of Household Portfolios”, Journal of Applied Econometrics, 2010, 25(3): 481-504, DOI: 10.1002/jae.1107, with S. Pastorello.

6. How Does Consumption Change upon Retirement”, Empirical Economics, 2010, 38(2): 257-280. DOI: 10.1007/s00181-009-0265-y.With C. Monfardini and G. Weber.

7. “Distributional Effects of Price Reforms in the Italian Utility Markets”, Fiscal Studies, 2008, 29(1): 135-163,  with C. Scarpa and P. Valbonesi.  (WP version)

8. “The Market for Evaluations: Opportunity or Constraints for Public Decision-Makers?”, Journal of Public Procurement, 2008, 8(1): 36-69, with R. Cervigni and O. Cuccu. (WP version)

9. “Social Interactions and  the Digital Divide: Identification and Policy Implication”, Contributions to Economic Analysis & Policy, 2006, 5 (1), with M.L. Parisi. (http://www.bepress.com/bejeap/contributions/vol5/iss1/art29).

10. What Do We Learn from Recall Consumption Data?”, Journal of Human Resources, Spring 2003, 38 (2), with E. Battistin and G. Weber.

11. The Italian Recession of 1993: Aggregate Implication of Microeconomic Evidence”, The Review of Economics and Statistics, 1999, 81(2): 237-249 with G. Weber.

12. The Economic Returns to Schooling for Italian Men. An Evaluation Based on Instrumental Variables”,  Labour Economics, 1999, (6)4:  509-519, with G. Brunello.

13. Benefit Transfer in Italy: An Empirical Study of Mobility Lists in the Milan Area”,  The Oxford Bulletin of Economics and Statistics,  1997, 59 (3),  with G. Brunello.

Chapters in books

1. “Survey Design and Estimation of Portfolio Models”, in L. Guiso, M. Haliassos and T. Jappelli (Eds.) Stockholding: A European Comparison, London: Palgrave MacMillan, 2003, with G. Weber.

2. “Changing Consumption Patterns”, in H. Siebert (Ed.) Economic Policy for Aging Societies, pp. 53-76, Berlin: Springer Verlag, 2002, with C. Monfardini and G. Weber.

3. “Econometric Issues in the Estimation of Household Portfolio Models”, in Guiso L.,  M. Haliassos and T. Jappelli Household Portfolios, pp. 143-178, Cambridge: MIT Press, 2002, with G. Weber.

Italian peer reviewed journals

1. “Measuring the affordability of basic public utility services in Italy”, Giornale degli Economisti e Annali di Economia, 2008, 67(2): 185-230, with C. Scarpa and P. Valbonesi.

2. The Wealth Accumulation of Italian Household: Evidence from SHAW”, Giornale degli Economisti e Annali di Economia, 2003, 62 (1): 57-91, with G. Weber.

3. Changes in Consumption Behaviour: Italy in the Early 1990s”, Giornale degli Economisti e Annali di Economia, 2002, 60 (1): 61-101, with C. Grant and G. Weber.

Working papers

1. Bucciol A. and R. Miniaci, 2011, “Household Portfolios and Risk Taking over Age and Time”, Netspar Discussion Paper 04/2011-037. Submitted

2. Profit Shifting by Debt Financing in Europe”, with  Barion F., P. M . Panteghini and M. L. Parisi. CESIfo WP No. 2985, March 2010. Revise & resubmit ITAX

3. Toward Defining and Measuring the Affordability of Public Utility Services”, with I. Kessides, C. Scarpa and P. Valbonesi, World Bank Policy Research Working Paper 4915, May 2009

4. Optimal Asset Allocation Based on Expected Utility Maximization in the Presence of Market Frictions”, D.P. 0605 Dipartimento di Scienze Economiche, Università di Brescia. With. A. Bucciol, March 2006.

5. Which Plans to Reduce the Digital Divide? Policy Evaluation and Social Interactions”, D.P. 0509, Dipartimento di Scienze Economiche, Università di Brescia. With M.L. Parisi, October 2005.

6. Inequality and Intertemporal Choice: Italy 1985-94”, D.P. Dipartimento di Scienze Economiche, Università di Padova, October 1999.

7. Microeconometric Analysis of the Retirement Decision: Italy”, OECD Economic Department W.P. 205, Paris, June 1998.

8. Microeconometric Analysis of the Retirement Decision: United Kingdom”, OECD Economic Department W.P. 206, Paris, with E. Stancanelli, June 1998.

Further publications in Italian

1. “La valutazione econometrica del rischio di default su un campione di imprese bresciane”, in C. Teodori, G. Amisano, R. Miniaci, F. Gnecchi, P. Panteghini and P. Tebaldini (Eds.) L’impatto di Basilea II sulle imprese bresciane, Brescia: CCIA di Brescia, 2006, with G. Amisano.

2. “Fattore Milano? Un’esplorazione delle liste di mobilità in Lombardia” in  Borzaga C. and G. Brunello (Eds.) L’impatto delle politiche attive del lavoro in Italia, pp.13-60, Napoli: Edizioni Scientifiche Italiane, with G. Brunello, 1997.

3. “Effetti redistributivi di breve periodo della riforma dell’Equo Canone”, in N. Rossi Competizione e giustizia sociale 1994-1995. Terzo rapporto annuale CNEL su Distribuzione e redistribuzione del reddito, pp. 361-397, Bologna: Il Mulino, 1996.

4. “Su alcuni effetti redistributivi dell’imposta comunale degli immobili”, in N.Rossi(Ed.) La transizione equa: 1992

Didattica

La descrizione, i lucidi utilizzati a lezione,  i testi delle prove d’esame ed i risultati sono disponibili sulle rispettive pagine web di Didattica in Rete:

             A.A. 2011/2012:

1. Econometria

2. Empirical Economics