Giacomo Romanini

Research Economist @bancaditalia, International Macro and Networks, #firstgen college, views are my own

[Giacomo Romanini @RomaniniGiacomo]

@enrico_sette Thanks!!

[Giacomo Romanini @RomaniniGiacomo]

Proud to see the paper published!

Formerly know as "The Network Gravity of Global Banking", it's a N-country model for banking where cross-border loans can be allocated across countries directly and indirectly (affiliates, subsidiaries, or complex financial arrangements).

1/5

[Journal of International Economics @JIntlEcon]

New at JIE: "Banking complexity in the global economy" by Raoul Minetti (@raoul_minetti), Giacomo Romanini (@RomaniniGiacomo), Oren Ziv (@zivoren)

https://t.co/fg4dXYUTJf

[Giacomo Romanini @RomaniniGiacomo]

@LudovicPanon Thank you!!

[Giacomo Romanini @RomaniniGiacomo]

BANKING UNIONS
Finally, we show how the Fréchet parameter, which governs banking path complexity, shapes the response, together with relative banking efficiency. This speaks to the policy debate on banking unions.

5/5

[Giacomo Romanini @RomaniniGiacomo]

FINANCIAL FRAGMENTATION
We can study *edge* (bilateral) shocks! What does fragmentation imply if you have indirect paths? A tradeoff emerges: while indirect paths help subsitute ex-post, they reduce ex-ante ability to provide alternative sourcing.

4/5

[Research School of International Taxation @RSIT_tue]

Today in the RSIT Brown Bag: @EppingerEcon presents “Slice to Protect”, joint work with Bohdan Kukharskyy, Alireza Naghavi, and Gianmarco Ottaviano, wherein they study incentives for MNEs to split up production chains among several suppliers to protect their IP ✂️

[Giacomo Romanini @RomaniniGiacomo]

Very happy to have presented our work at the ECB-FRB-FedNY

Global Research Forum on International Macroeconomics and Finance

Amazing conference, this year hosted by the @ecb

[NBER @nberpubs]

Deep learning can help many problems in quantitative economics by "taming" the curse of dimensionality, from Jesús Fernández-Villaverde, @NunoGalo, and Jesse Perla https://t.co/Jxs04zLqzv

[Peter Eppinger @EppingerEcon]

Very much looking forward to our
4th Global Economic Networks Workshop
at Lake Como, Italy
July 30-31, 2025

Keynotes: Kalina Manova and @FelixTintelnot
Co-organizers: @anna_gumpert and Bo Kukharskyy

Submit your paper by February 29! #callforpapers https://t.co/lAKSChNiE9
(1/4)

[Yoto V. Yotov @YotovG]

I am very happy that my survey of the evolution of the gravity model of trade has been accepted at @CEP_WEAI & I hope that it is useful for teaching.

https://t.co/aCDDqix53B

Grateful to editor Moreno-Cruz, referees, and many colleagues for great suggestions!

Gravity rules! 💪

[Giacomo Romanini @RomaniniGiacomo]

NBER SI 2024 secret session #acadia

[Giacomo Romanini @RomaniniGiacomo]

Look forward to presenting our new paper tomorrow at @nberpubs SI

[Giacomo Romanini @RomaniniGiacomo]

@MatthewJWelty @GT_Protocol Woaaaah – exciting times for $ALT !

[Giacomo Romanini @RomaniniGiacomo]

@MatthewJWelty @binance @alt_layer Is gonna be so much fun! $ALT

[Giacomo Romanini @RomaniniGiacomo]

@FatinSL @MatthewJWelty @alt_layer @binance #Binance ecosystem explosion – don't miss out!