Andrea Consiglio
Professor of Mathematical Finance at the University of Palermo, Italy,
Featured work

Are bad governments a threat to sovereign defaults? The effects of political risk on debt sustainability
In this paper, we ask whether the level of political risk in a country threatens its debt sustainability

Incorporating political risk into analysis of sovereign debt sustainability
Political risk is not taken into account when assessing whether countries can manage their debts, but it could be and should be

How effective has the pandemic emergency purchase programme been in ensuring debt sustainability?
The ECB’s pandemic emergency purchase programme has improved substantially the debt dynamics of euro-area countries, with durable effects.

Growth uncertainty, European Central Bank intervention and the Italian debt
European Central Bank intervention provides a buffer against the uncertainty faced by European Union economies in the face of COVID-19. For the time b