Giuseppe De Arcangelis

Giuseppe De Arcangelis
Sapienza University of Rome | la sapienza · Department of Social Sciences and Economics DISSE

PhD in Economics, University of Michigan

About

70
Publications
4,451
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364
Citations
Additional affiliations
January 2011 - March 2015
Sapienza University of Rome
Position
  • Professor of International Economics
November 2005 - present
Sapienza University of Rome
Position
  • Professor of International Economics
November 1998 - October 2005
Università degli Studi di Bari Aldo Moro
Position
  • Professor (Full)

Publications

Publications (70)
Article
During the first wave of globalization, Argentina was among the most internationally integrated economies, experiencing a rising trend in trade openness and a tremendous increase in labor due to migration. In this paper, we empirically show the central role immigration had in boosting exports and imports in the years 1870–1913 by considering Argent...
Article
Full-text available
Sharing information concerning expenditure choices between a migrant and the recipient affects the migrant’s allocation patterns. In a lab-in-the-field experiment, Filipino migrants are asked to earmark an in-kind budget to be delivered to their most closely connected household (MCCH). When the MCCH is fully aware of the migrant’s decisions (i.e.,...
Article
Full-text available
Between 1870 to 1914 the Argentine economy performed spectacularly with a yearly average real growth rate of 5.94 per cent. Increased resource endowment in both land and labor, via migration, and openness to trade have been considered the two main drivers of this success. In this paper we underline the central role of Argentine immigration in contr...
Article
Full-text available
We assess the effect of migration on the production structure in a selection of European countries for the pre-Great Recession period 2001-2009. We propose a labor-task approach where the inflow of migrants raises the relative supply of manual-physical (or simple) tasks and therefore favors simple-task intensive sectors. We use the US O*NET databas...
Article
Full-text available
We assess the effect of migration on the production structure in a selection of European countries for the pre-Great Recession period 2001-2009. We propose a labor-task approach where the inflow of migrants raises the relative supply of manual-physical (or simple) tasks and therefore favors simple-task intensive sectors. We use the US O*NET databas...
Article
Full-text available
We claim that the OECD dataset PIAAC (Programme for the International Assessment of Adult Competencies) could provide a valid alternative to the US-based O*NET database in order to obtain country-specific task measures. The US presence in PIAAC allows to compare the two datasets by computing the same task indexes twice. We find that correlation coe...
Article
Full-text available
This paper investigates the saving behavior of migrants in the UK across different dimensions, i.e., comparing temporary versus permanent migrants and migrants versus natives. Established theoretical predictions show that migrants save more when they plan to stay in the destination only temporarily as target savers. Our empirical evidence takes int...
Article
We assess the effect of migrants’ stock on the production structure of the Italian provinces (NUTS3) in 1995-2006. Although the investigated time span is very short, the effect is small but statistically significant: a doubling in the ratio of foreign-born residents to the province population induces a significant increase in manufactures’ value ad...
Article
Full-text available
This paper tests for the effect of an increase in the migration rate on manufacturing firms’ performance at the local level. The model is estimated for the Italian economy during the recent years of rapid and varied migration. We construct measures for both a representative province-sector firm and a representative province firm and estimate the im...
Technical Report
This paper tests how migrants’ willingness to remit changes when given the ability to direct remittances to educational purposes using different forms of commitment. Variants of a dictator game in a lab-in-the-field experiment with Filipino migrants in Rome are used to examine remitting behavior under varying degrees of commitment. These range from...
Article
The purpose of this reply is twofold. First, we discuss the major point raised by Stark and Lukasz (Review of Development Economics 17, no. 1 (2013):156–62), i.e. the fact that a framework which explicitly considers asymmetric information is correct and would imply a reversal of our finding. Although, we acknowledge that the mechanism highlighted b...
Article
In this paper we study the effect of migration in a two-sector model where production is performed with one freely mobile factor and sector-specific CES composites of two labor services -- simple and complex tasks. Tasks' supply is provided by migrants and natives; they differ in terms of productivity in performing the different tasks. The model sh...
Article
During the 2007–09 financial crisis large volatility and wide currency swings characterized the foreign exchange market. This paper utilizes the early‐warning framework to evaluate whether during the period of the Great Recession there has been a structural break in the relationship between fundamentals and exchange rates. This is done by extending...
Article
During the 2007-2009 financial crisis the foreign exchange market was characterized by large volatility and wide currency swings. In this paper we evaluate whether during the period of the Great Recession there has been a structural break in the relationship between fundamentals and exchange rates within an early-warning framework. This is done by...
Article
In this paper we show that highly skilled illegal migrants may be more likely to return home than migrants with low or no skills when illegality causes "skill waste," i.e. reduced ability of making use of individual capabilities both in the labor and the financial markets. This result is in contrast with common wisdom on return migration, according...
Article
This paper analyses the return plans of irregular migrants by stressing the role of individual skills and network effects. We propose a simple two-period life‐cycle model that we test using individual‐level data on irregular migrants in Italy and on undocumented Mexicans in the USA. Our evidence shows that highly skilled clandestine migrants are mo...
Article
Full-text available
This paper analyses the location choice of immigrants living in Italy in 2002-2007 and aims at separating the so called "network effect" from other locality-specific characteristics. The network effect is identified by the number of previous arrivals in the same location, whereas other local, geographically-specific characteristics-such as the loca...
Article
In this paper we show that highly skilled clandestine migrants are more likely to return home than migrants with low or no skills when illegality causes "skill waste", i.e. when illegality reduces the rate of return of individual capabilities (i.e. skills and human capital) in the country of destination. In a simple life-cycle framework, illegality...
Article
Full-text available
Undocumented migration is a pervasive and increasingly relevant phenomenon in modern societies. In this paper we shed some lights on the factors affecting the return plans of irregular migrants and in particular on the role of individual skills and abilities. We show that highly skilled clandestine migrants are more likely to return home than migra...
Article
The Survey on illegal migration in Italy (SIMI) focuses upon the reality of clandestine immigrants going through the country. SIMI provides data on the main demographic, economic and social features of a sample of 920 illegal migrants apprehended in 2003. Individual motivations to migrate, the intention of returning, expectations on income at desti...
Article
Full-text available
The Survey on illegal migration in Italy (SIMI henceforth) aims to analyse the phenomenon of clandestines migrating to or through Italy. SIMI contains information concerning the main demographic, economic and social characteristics of a sample of 920 clandestines crossing Italian borders and apprehended during 2003. Individual motivations to migrat...
Article
Full-text available
In this paper we show that highly skilled undocumented migrants are more likely to return home than migrants with low or no skills when illegality causes “skill waste”, i.e. when illegality reduces the rate of return of individual capabilities (i.e. skills and human capital) in both the labor and the financial markets of the country of destination....
Article
Full-text available
This paper investigates the impact of international migration on technical efficiency, resource allocation and income from agricultural production of family farming in Albania. The results suggest that migration is used by rural households as a pathway out of agriculture: migration is negatively associated with both labour and non-labour input allo...
Technical Report
Full-text available
This paper contributes to the empirical literature on individual and household decisions to emigrate from developing countries to advanced economies. Considering both push and pull factors, it focuses on economic, financial and political crises as impulses augmenting migratory flows to Italy and to Europe. Used for this purpose is the Ministry of t...
Technical Report
This paper contributes to the empirical literature on individual and household decisions to emigrate from developing countries to advanced economies. Considering both push and pull factors, it focuses on economic, financial and political crises as impulses augmenting migratory flows to Italy and to Europe. Used for this purpose is the Ministry of t...
Technical Report
This paper contributes to the empirical literature on individual and household decisions to emigrate from developing countries to advanced economies. Considering both push and pull factors, it focuses on economic, financial and political crises as impulses augmenting migratory flows to Italy and to Europe. Used for this purpose is the Ministry of t...
Technical Report
This paper contributes to the empirical literature on individual and household decisions to emigrate from developing countries to advanced economies. Considering both push and pull factors, it focuses on economic, financial and political crises as impulses augmenting migratory flows to Italy and to Europe. Used for this purpose is the Ministry of t...
Technical Report
This paper contributes to the empirical literature on individual and household decisions to emigrate from developing countries to advanced economies. Considering both push and pull factors, it focuses on economic, financial and political crises as impulses augmenting migratory flows to Italy and to Europe. Used for this purpose is the Ministry of t...
Technical Report
This paper contributes to the empirical literature on individual and household decisions to emigrate from developing countries to advanced economies. Considering both push and pull factors, it focuses on economic, financial and political crises as impulses augmenting migratory flows to Italy and to Europe. Used for this purpose is the Ministry of t...
Technical Report
This paper contributes to the empirical literature on individual and household decisions to emigrate from developing countries to advanced economies. Considering both push and pull factors, it focuses on economic, financial and political crises as impulses augmenting migratory flows to Italy and to Europe. Used for this purpose is the Ministry of t...
Article
Full-text available
This paper presents some "statistical facts" about the Italian business cycle. Our results suggest that in the last decade the Italian economy has been increasingly synchronizing with the Euro Area and still lags behind the US cycle. In line with other industrial countries, the Italian cycle has dampened in the 90s. Especially, the average duration...
Technical Report
The Survey on illegal migration in Italy (SIMI henceforth) aims to analyse the phenomenon of clandestines migrating to or through Italy. SIMI contains information concerning the main demographic, economic and social characteristics of a sample of 920 clandestines crossing Italian borders and apprehended during 2003. Migrants’ motivations, intention...
Technical Report
The Survey on illegal migration in Italy (SIMI henceforth) aims to analyse the phenomenon of clandestines migrating to or through Italy. SIMI contains information concerning the main demographic, economic and social characteristics of a sample of 920 clandestines crossing Italian borders and apprehended during 2003. Migrants’ motivations, intention...
Technical Report
The Survey on illegal migration in Italy (SIMI henceforth) aims to analyse the phenomenon of clandestines migrating to or through Italy. SIMI contains information concerning the main demographic, economic and social characteristics of a sample of 920 clandestines crossing Italian borders and apprehended during 2003. Migrants’ motivations, intention...
Technical Report
The Survey on illegal migration in Italy (SIMI henceforth) aims to analyse the phenomenon of clandestines migrating to or through Italy. SIMI contains information concerning the main demographic, economic and social characteristics of a sample of 920 clandestines crossing Italian borders and apprehended during 2003. Migrants’ motivations, intention...
Technical Report
The Survey on illegal migration in Italy (SIMI henceforth) aims to analyse the phenomenon of clandestines migrating to or through Italy. SIMI contains information concerning the main demographic, economic and social characteristics of a sample of 920 clandestines crossing Italian borders and apprehended during 2003. Migrants’ motivations, intention...
Technical Report
Full-text available
We show that immigrant managers are substantially more likely to hire immigrants than are native managers. The finding holds when comparing establishments in the same 5-digit industry and location, when comparing different establishments within the same firm, when analyzing establishments that change management over time, and when accounting for wi...
Technical Report
The Survey on illegal migration in Italy (SIMI henceforth) aims to analyse the phenomenon of clandestines migrating to or through Italy. SIMI contains information concerning the main demographic, economic and social characteristics of a sample of 920 clandestines crossing Italian borders and apprehended during 2003. Migrants’ motivations, intention...
Article
Full-text available
We show that immigrant managers are substantially more likely to hire immigrants than are native managers. The finding holds when comparing establishments in the same 5-digit industry and location, when comparing different establishments within the same firm, when analyzing establishments that change management over time, and when accounting for wi...
Article
The main idea of this paper is that bank internationalization might encourage exports as banks’ foreign branches and representative offices provide financial and informational support to exporting firms. This hypothesis has been tested using bank and firm data at Italian province-level between 1993 and 2001. The empirical analysis suggests that the...
Article
Full-text available
The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a SVAR model some fiscal policy regimes, i.e. a ”set of rules” for the implementation of fiscal policies. Second, we identify the fiscal policy shocks related to different categories of expenditure and taxation, and simulate their effec...
Article
Full-text available
Like all transition economies, South Eastern Europe (SEE) countries stand to gain most from an export-led growth. Unfortunately, though, productive structure in these countries is largely made up of small and medium enterprises (SMEs) that, due to their limited size, may face obstacles to gain access to international markets. A possible way out of...
Article
The objective of this paper is twofold. First, for some OECD countries we econometrically select the fiscal policy regimes, i.e. a "set of rules" for the conduct of fiscal policy. Second, we identify different types of fiscal policy shocks related to expenditure and taxation, and simulate their effects on GDP and the price level. Estimation and sim...
Article
In this paper we make use of very detailed sectoral data for Italy to study both the aggregate evolution and the sectoral diffusion of ICT investment expenditure during the 1990s. In the aggregate we find that the 1992 recession strongly halted ICT investment, and only in 1999 the Italian economy recovered the same rate of ICT capital formation. Se...
Article
Like all transition economies, South Eastern Europe (SEE) countries stand to gain most from an export-led growth. Unfortunately, though, productive structure in these countries is largely made up of small and medium enterprises (SMEs) that, due to their limited size, may face obstacles to gain access to international markets. A possible way out of...
Article
In the last ten years the space issue, i.e. the study of the role played by space in economic phenomena, has attracted a lot of interest from many economic fields. Both the suitability of spatial economics to address questions posed by globalization, and improves in modeling techniques are at the basis of this revolution. The combination of increas...
Article
This paper presents different specifications of a structural VAR model which are useful to identify monetary policy shocks and their macroeconomic effects for the Italian economy in the 1990s. The analysis is based on a detailed institutional description of the functioning of the domestic market for bank reserves. In this setting, we try to establi...
Chapter
As of 1 January 1999, the introduction of the euro has brought about the definite vanishing of independent fluctuations in the national European ex­change rates with the US dollar. As a consequence, the economies in the European Monetary Union (EMU) have given up a potential means for ab­sorbing asymmetric shocks not only inside EMU, but also with...
Article
In this paper, we propose a Bayesian VAR model to examine the short term effects of monetary policy shocks on the Italian economy. Firstly, our BVAR model uses the Cholesky decomposition to identify four kinds of macroeconomic shocks, namely, supply, demand, interest rate and monetary shocks. Then, from the theoretical model, we derive and impose a...
Article
In this paper we present a structural VAR analysis of monetary policy in Italy. A monetary policy operating regime based on the control of the overnight rate seems to fit the data better than alternative quantitative monetary regimes. In the analysis we include the real exchange rate as a possible transmission channel of monetary policy shocks. The...
Thesis
The main objective of this dissertation is to study aspects of the current regime of managed exchange rates. The first chapter provides an empirical analysis of the main sources of fluctuactions in the nominal and real exchange rates of the most industrialized countries. A structural VAR approach with long-run constraints is applied by assuming tha...
Article
This paper proposes an empirical framework to analyze monetary policies in a small open economy under fixed exchange rates. First, the analysis proposes a semi-restricted VAR model with the lowest number of restrictions to focus on the effects of the center-country and the Rest-of-the-World monetary policies. Next, we use a fully structural VAR app...
Article
Published in: W.A. Barnett, G. Gandolfo and C. Hillinger (eds.), Dynamic Disequilibrium Modelling, 1996, Chapter 4
Chapter
Full-text available
The theory of exchange rate determination is in an unsatisfactory state. From the theoretical point of view the debates between the traditional flow approach and the modern asset-market approach have seen the victory of the latter. But from the empirical point of view the forecasting ability of the theoretical models remains very poor. The results...
Article
Full-text available
Economic models are traditionally presented as linear models or, in a more sophisticated way, as nonlinear models which are then linearized by the usual procedure around some equilibrium point. But economic phenomena are not necessarily linear and, when they are nonlinear, the tendency to forget that the results obtained by the linear approximation...
Article
Full-text available
This paper evaluates whether excess returns on holding Deutschmarks against French F rancs, Italian Liras and British Pounds have been recently char-acterized by temporary speculative bubbles. We propose a two-step, distribution-free procedure. First, nonzero-median subperiods are signiicantly withdrawn from the original sample by an elaborate sign...
Article
Full-text available
In this paper we show that highly skilled illegal migrants may be more likely to return home than migrants with low or no skills when illegality causes "brain waste", i.e. lower ability of exploiting individual abilities both in the labor and the financial markets. This result is in contrast with common wisdom on return migration, according to whic...

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Project (1)
Project
Find the linkage between migration and trade and uncover the welfare gains that could arise from migration via imports and exports. Develop a theoretical model. Use of current and historical data.