Barbara Rossi (economist)

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Barbara Rossi
Alma mater Princeton University (PhD., Economics)
Doctoral
advisor		Mark Watson
Website www.barbararossi.eu

Barbara Rossi is an ICREA professor of economics at Universitat Pompeu Fabra, a Barcelona GSE Research Professor, a CREI affiliated professor and a CEPR Fellow. She is a founding fellow of the International Association of Applied Econometrics, a fellow of the Econometric Society and a director of the International Association of Applied Econometrics. [1]

Contents

Academic career

Rossi graduated with a B.A in economics from Bologna University in 1995, and she earned her PhD from Princeton University in 2001. Her graduate dissertation was titled, “Essays in Long Horizon Testing and Predictive Ability in the Presence of High Persistence with Applications to International Macroeconomics.” [2] Before moving to Universitat Pompeu Fabra in Barcelona, she previously was an associate professor with tenure at the department of economics at Duke University. She has also been visiting researcher at the University of California, Berkeley, the University of Montreal in Canada, UC San Diego, the Federal Reserve Banks of Atlanta, New York and Philadelphia, Norges Bank, Bank of France, and ENSAE-CREST in France.

Aside from teaching, Professor Rossi is the editor of the Journal of Applied Econometrics and has previously served as associate editor of Quantitative Economics. [3] In January 2017 she has been appointed vice chair of the Euro Area Business Cycle Network (EABCN) and subsequently appointed chair in January 2020. [4] From 2017 to 2020, she was a member of the Council of the European Economic Association; she was a member of the European Standing Committee of the Econometric Society from 2015 to 2018; and has been a member of the EC2 standing committee since 2014. She has given keynote speeches at the 2019 SNDE Conference in Dallas (U.S.); the 2019 EC2 Conference in Oxford (U.K.), the XXIII Latin American and Caribbean Economic Association (LACEA) and Latin American Meeting of the Econometric Society (LAMES) in Guayaquil (Ecuador), the 2017 Midwest Econometrics Group Conference in Texas (U.S.), the Fourth International Symposium in Computational Economics and Finance in Paris (France); and the 2015 International Sympsium on Forecasting in Riverside (U.S.), the 2013 Italian Conference on Econometrics and Empirical Economics in Genova (Italy) and the 2012 Econometric Society Australasian Meetings in Melbourne (Australia), among others. [5]

Research contributions

Rossi specializes in the fields of time series econometrics, as well as applied international finance and macroeconomics.

Rossi's contributions to forecasting include having designed a variety of econometric procedures to evaluate forecasts especially in the presence of instabilities, including techniques to compare competing models' forecasts [6] and to evaluate the predictive ability of a given model, [7] Granger-causality tests robust to instabilities, [8] techniques to detect forecast breakdowns, [9] forecast evaluation techniques that are robust to the choice of the estimation window size, [10] as well as several empirical works that investigate output and inflation predictability. [11] [12] In macroeconometrics, among other contributions, Rossi has designed techniques to study business cycles as well as the effects of monetary and fiscal policies. [13] [14] [15] Rossi's research in the area of international finance encompasses several studies on the predictability of exchange rates [16] [17] [18] —in particular the robustness of such forecasts to instabilities [19] —and on the relationship between exchange rates and oil prices. [20] [21]

Books

Rossi wrote a chapter on "Advances in Forecasting under Model Instabilities" for the Handbook of Economic Forecasting (Elsevier-North Holland eds.), [22] a chapter on "Forecasting in Macroeconomics" for the Handbook of Research Methods and Applications in Empirical Macroeconomics, [23] and an article for the Journal of Economic Literature on exchange rate predictability. [24]

Rossi's Research Funding

Rossi has been awarded two National Science Foundation grants as well a Marie Curie fellowship, an ERC grant, and the Spanish Ministry of Research.

Other activities

Along with her teaching and research responsibilities, Rossi holds various other professional positions. She currently serves as the editor of the Journal of Applied Econometrics [25] [26] was a co-editor of the International Journal of Central Banking, and has served as associate editor for the Journal of Business and Economic Statistics, Quantitative Economics and the Journal of Economic Dynamics and Control. She was a member of the CEPR business cycle dating committee from 2012 to 2018. She was the Program Chair for the 2016 Econometric Society European Summer Meetings and the 2014 International Association of Applied Econometrics Conference.

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References

  1. ↑ "Directors & Founding Members | International Association for Applied Economectrics".
  2. ↑ Rossi, B. "Barbara Rossi Curriculum Vitae" . Retrieved 24 April 2019.
  3. ↑ Rossi, Barbara (2015-06-30). "Barbara Rossi" . Retrieved 24 April 2019.
  4. ↑ "EABCN".
  5. ↑ Rossi, Barbara (2015-06-30). "Barbara Rossi" . Retrieved 24 April 2019.
  6. ↑ Giacomini, Raffaella; Rossi, Barbara (2010). "Forecast comparisons in unstable environments". Journal of Applied Econometrics. 25 (4): 595–620. CiteSeerX   10.1.1.153.2476 . doi:10.1002/jae.1177.
  7. ↑ Rossi, Barbara; Sekhposyan, Tatevik (2016). "Forecast Rationality Tests in the Presence of Instabilities, with Applications to Federal Reserve and Survey Forecasts". Journal of Applied Econometrics. 31 (3): 507–532. doi:10.1002/jae.2440. hdl: 10230/22586 . S2CID   43689477.
  8. ↑ Rossi, Barbara (2005). "Optimal Tests for Nested Model Selection with Underlying Parameter Instability". Econometric Theory. 21 (5): 962–990. doi:10.1017/S0266466605050486. JSTOR   3533520. S2CID   18980333.
  9. ↑ Giacomini, Raffaella; Rossi, Barbara (2009). "Detecting and Predicting Forecast Breakdowns" (PDF). Review of Economic Studies. 76 (2): 669–705. doi:10.1111/j.1467-937X.2009.00545.x. hdl:10419/153072. S2CID   12096544.
  10. ↑ "Out-of-sample forecast tests robust to the choice of window size", by B Rossi, A Inoue (2012), Journal of Business & Economic Statistics 30 (3), 432-453.
  11. ↑ Rossi, Barbara; Sekhposyan, Tatevik (2010). "Have economic models' forecasting performance for US output growth and inflation changed over time, and when?". International Journal of Forecasting. 26 (4): 808–835. doi:10.1016/j.ijforecast.2009.08.004. S2CID   15841920.
  12. ↑ Giacomini, Raffaella; Rossi, Barbara (2006). "How Stable is the Forecasting Performance of the Yield Curve for Output Growth?". Oxford Bulletin of Economics and Statistics. 68: 783–795. CiteSeerX   10.1.1.706.1502 . doi:10.1111/j.1468-0084.2006.00456.x. S2CID   40592030.
  13. ↑ "What Is the Importance of Monetary and Fiscal Shocks in Explaining US Macroeconomic Fluctuations?", by B Rossi, S Zubairy (2011), Journal of Money, Credit and Banking 43 (6), 1247-1270.
  14. ↑ Inoue, Atsushi; Rossi, Barbara (2011). "Identifying the Sources of Instabilities in Macroeconomic Fluctuations". Review of Economics and Statistics. 93 (4): 1186–1204. CiteSeerX   10.1.1.178.8166 . doi:10.1162/REST_a_00130. S2CID   15276808.
  15. ↑ Hall, Alastair R.; Inoue, Atsushi; Nason, James M.; Rossi, Barbara (2012). "Information criteria for impulse response function matching estimation of DSGE models". Journal of Econometrics. 170 (2): 499–518. doi:10.1016/j.jeconom.2012.05.019. S2CID   15273.
  16. ↑ Rossi, Barbara (2005). "Confidence Intervals for Half-Life Deviations from Purchasing Power Parity". Journal of Business & Economic Statistics. 23 (4): 432–442. doi:10.1198/073500105000000027. hdl: 10230/36404 . JSTOR   27638839. S2CID   1577289.
  17. ↑ Rossi, Barbara (2013). "Exchange Rate Predictability". Journal of Economic Literature. 51 (4): 1063–1119. doi:10.1257/jel.51.4.1063. hdl: 10230/20816 . JSTOR   23644817.
  18. ↑ Rossi, Barbara (2005). "Testing Long-Horizon Predictive Ability with High Persistence, and the Meese-Rogoff Puzzle". International Economic Review. 46 (1): 61–92. doi:10.1111/j.0020-6598.2005.00310.x. JSTOR   3663588. S2CID   29537930.
  19. ↑ Rossi, Barbara (2006). "Are Exchange Rates Really Random Walks? Some Evidence Robust to Parameter Instability" (PDF). Macroeconomic Dynamics. 10: 20–38. doi:10.1017/S1365100506050085. hdl: 10161/2601 . S2CID   15473229.
  20. ↑ Chen, Yu-Chin; Rogoff, Kenneth S.; Rossi, Barbara (2010). "Can Exchange Rates Forecast Commodity Prices?". Quarterly Journal of Economics. 125 (3): 1145–1194. doi:10.1162/qjec.2010.125.3.1145. S2CID   7094592.
  21. ↑ Ferraro, Domenico; Rogoff, Kenneth; Rossi, Barbara (2015). "Can oil prices forecast exchange rates? An empirical analysis of the relationship between commodity prices and exchange rates". Journal of International Money and Finance. 54: 116–141. doi:10.1016/j.jimonfin.2015.03.001.
  22. ↑ "Advances in Forecasting under Model Instabilities", Handbook of Economic Forecasting (Elsevier-North Holland eds.)
  23. ↑ "Forecasting in Macroeconomics", Handbook of Research Methods and Applications in Empirical Macroeconomics
  24. ↑ Rossi, Barbara (2013). "Exchange Rate Predictability". Journal of Economic Literature. 51 (4): 1063–1119. doi:10.1257/jel.51.4.1063. hdl: 10230/20816 . JSTOR   23644817.
  25. ↑ "Journal of Applied Econometrics". doi:10.1002/(ISSN)1099-1255.
  26. ↑ "Archived copy" (PDF). doi:10.1002/(ISSN)1099-1255. Archived from the original (PDF) on 2017-07-13. Retrieved 2017-02-06.{{cite web}}: CS1 maint: archived copy as title (link)
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