Skip to main content

Francesco Saraceno, a gloomy European economist

posted onNovember 9, 2018

Francesco Saraceno, an Italian born economist working in France at OFCE Sciences-Po., an international research university, is “desperately trying to make sense of the European nonsense”.

Haunted by the mix of ideology and political inaction in economic analysis, he has grown increasingly pessimist about the state of the European economy. He is not the only one.

“All seems at stake here: The ways we think about our economy, and the institutions we built over time to govern our complex union. Nothing seems to work, and we desperately lack leaders with a vision” he writes in Sparse Thoughts of a Gloomy European Economist, his personal blog, which was born out of this despair.
The blog centres generally on Macroeconomics and Economic Policy, especially at the European level. 

Saraceno holds Ph.Ds in economics from Columbia University and La Sapienza University of Rome. His main research interests include the relationship between inequality and macroeconomic performance, European macroeconomic policies, and the interaction between structural reforms and fiscal and monetary policies. 

He has published in several international journals, such as the Journal of Public Economic Theory, the Journal of Economic Behaviour and Organisation, the Journal of Economic Dynamics and Control, the Scottish Journal of Political Economy, the Journal of Post-Keynesian Economics, the Journal of Evolutionary Economics, and Structural Change and Economic Dynamics.

In 2000 he became a member of the Council of Economic Advisers to the Italian Prime Minister's Office. He has been on leave since March 2002, when he moved to Paris to work at the French Observatory on Economic Conditions (OFCE, Observatoire Français des Conjonctures Économiques), the Research Centre in Economics at Sciences-Po. He is in charge of the concentration in economics for the Master in European Affairs at Sciences-Po Paris, where he teaches international and European macroeconomics.

He also teaches for the Master of Public Affairs, and is Academic Director of the Sciences Po-Northwestern European Affairs Program.

He has contributed a number of papers on macroeconomics, European policies, disequilibrium theory and learning to professional journals.

He has served in the French National Center for Scientific Research (CNRS), and as a researcher for the Institute of Law and Economics of the Firm (IDEFI, Nice Sophia-Antipolis).