About me

I am an Assistant Professor (RTD-B) in Economics at University of Catania, Department of Political and Social Sciences. My research lies at the intersection of macroeconomics, monetary economics, and climate economics, with a particular focus on the macro-financial impacts of climate change and compound risks. I hold the Italian National Scientific Qualification (ASN) for Associate Professor in Political Economy (13/A1) and Economic Policy (13/A2).

My research combines Stock-Flow Consistent (SFC) and Agent-Based (ABM) macroeconomic modelling to investigate how climate-related physical and transition risks, economic shocks, and financial vulnerabilities propagate through the real economy and the financial system. I am particularly interested in the interactions between climate risks, sovereign debt sustainability, banking sector dynamics, and monetary and fiscal policies.

I have contributed to the development and application of large-scale macro-financial models used in research and policy projects involving international institutions such as the World Bank, the International Monetary Fund, and the Network for Greening the Financial System (NGFS), as well as EU-funded research initiatives.

Before joining the University of Catania, I was an Assistant Professor (RTD-A) and postdoctoral researcher at Ca’ Foscari University of Venice. I also held research positions at the Vienna University of Economics and Business (WU) and the University of Genoa, where I contributed to the development of the EURACE macroeconomic simulator within the EU-funded SYMPHONY project.

 

Contacts

mazzocchetti.andrea@gmail.com

Academic records

  • Ph.D. 2017

    Mechanical, Energy and Management Engineering . Curriculum: Economics and Management

    University of Genoa

  • M.Sc. 2013

    Financial and Economic Sciences

    Marche Polytechnic University

  • B.A. 2010

    Economics and Finance

    Marche Polytechnic University

Main international projects

  • GRINS

    Growing Resilient, Inclusive and Sustainable

    The project is funded under the Italian National Recovery and Resilience Plan (PNRR), Mission 4, Component 2, Investment 1.3 – Extended Partnerships. I participate as a researcher within Spoke 4 (Sustainable Finance).

    My contribution focuses on the development of macro-financial modelling frameworks to assess the economic and financial impacts of physical and transition climate risks, and on the production of policy-relevant macro-financial scenarios supporting the analysis of resilience and sustainability of economic systems.

    Project website: https://grins.it/

  • NGFS Short-Term Scenarios

    The NGFS short-term scenarios represent the first publicly available tool to provide a structured analysis of the immediate effects of climate policies and climate change on financial stability and economic resilience

    The project focused on the development and implementation of a new generation of short-term scenarios for the Network for Greening the Financial System (NGFS).
    The NGFS is a global initiative on sustainable finance, composed of a network of 144 central banks and supervisory authorities, promoting best practices in managing climate and environmental risks in the financial sector. NGFS scenarios are widely used by central banks, regulators, private sector actors, governments, and academic institutions for climate risk assessments.

    Within the project, I contributed by supervising the development and production of macroeconomic and financial scenarios using the Stock-Flow Consistent (SFC) EIRIN macroeconomic model. The project is expected to have high scientific and socio-economic impact, as NGFS scenarios are used by a wide range of national and international institutions to assess risks and opportunities related to climate change.

    All the outcomes of the projects can be downloaded at: https://www.ngfs.net/en/publications-and-statistics/publications/ngfs-short-term-climate-scenarios-central-banks-and-supervisors.

  • SYMPHONY

    Orchestrating Information Technology and Global Systems Science for Policy Design and Regulation of a Resilient and Sustainable Global Economy

    The project has been funded by FP7 program under grant n: 611875. I have participated as Ph.D. student, working on the development of the macroeconomic model and simulator EURACE.

    My contribution to the project focused on developing an innovative integrated platform for the design and validation of economic policies, based on the large-scale, agent-based EURACE macroeconomic model.

    Project website: http://project-symphony.eu/