SelectedWorks - Luca Pensieroso

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Selected Works of Luca Pensieroso

Professor of Economics

Research interests: Macroeconomics, Economic History, History of Economic Thought, Demographic Economics

Works
About

About Luca Pensieroso

Research interests: Macroeconomics, Economic History, History of Economic Thought, Demographic Economics

Present	Professor, Universite catholique de Louvain ‐ LIDAM/IRES
Institution Organization Position Type Position Title Time Period to Options Current Position Affiliate my profile with this Institution

Economics, Economic History, and Macroeconomics

Macroeconomics, History of Economic Thought, Economic History, and Demographic Economics

History of Economic Theory (undergraduate)
History of Economic Thought (graduate)
Monetary and Financial Macroeconomics (advanced undergraduate)
Advanced Macroeconomics I (graduate)

IRES - Université catholique de Louvain

Place Montesquieu, 1348, Louvain-la-Neuve, Belgium

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Articles (13)

Article

Intergenerational Coresidence and the Covid-19 Pandemic in the United States

Economics and Human Biology (2023)

Luca Pensieroso, Alessandro Sommacal and Gaia Spolverini

This paper investigates the relation between intergenerational coresidence and mortality from Covid-19 in 2020. Using a cross-section of U.S. counties, ...

Link

Article

Left-handedness and Economic Development

Journal of Economic Growth (2023)

Fabio Mariani, Marion Mercier and Luca Pensieroso

This paper studies the interplay between left-handedness and economic development, thereby contributing to our understanding of the relationship between evolutionary ...

Link

Article

The Gold Standard and the international dimension of the Great ...

Macroeconomic Dynamics (2023)

Luca Pensieroso and Romain Restout

Was the Gold Standard a major determinant of the onset and protracted character of the Great Depression of the 1930s ...

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Article

Agriculture to Industry: the End of Intergenerational Coresidence

Review of Economic Dynamics (2019)

Luca Pensieroso and Alessandro Sommacal

We show that the structural change of the economy from agriculture to industry was a major determinant of the observed ...

Link

Article

Dealing with Illegal Immigration: the Role of Informality, Taxation and ...

Economia Italiana (2018)

Carmen Camacho, Fabio Mariani and Luca Pensieroso

We develop a two-good, three-sector model of a small open economy with illegal immigration and both formal and informal production. ...

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Article

La question du pluralisme en économie. Une mise en perspective

Regards Economiques (2018)

Michel R De Vroey and Luca Pensieroso

Notre article analyse deux critiques souvent avancées contre l’état actuel de la science économique, qu’elle manque de pluralisme, étant dominée ...

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Article

Illegal Immigration and the Shadow Economy

International Tax and Public Finance (2017)

Carmen Camacho, Fabio Mariani and Luca Pensieroso

We build a model in which both illegal immigration and the size of the informal sector are endogenously determined. In ...

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Article

Economic development and family structure: From pater familias to the ...

European Economic Review (2014)

Luca Pensieroso and Alessandro Sommacal

We provide a theory of the interaction between intergenerational living arrangements and economic development. We show that, when technical progress ...

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Article

An analysis of Turkey’s accession to the European Union

Canadian Journal of Economics (2013)

Gul Ertan Ozguzer and Luca Pensieroso

We build a two-country dynamic general equilibrium model to study whether European citizens would benefit from the eventual accession of ...

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Article

Real Business Cycle Models of the Great Depression

Cliometrica (2011)

Luca Pensieroso

The Great Depression of the 1930s is again on the frontier of research in macroeconomics. Researchers working in the real ...

Link

Article

The Great Depression in Belgium from a Neoclassical Perspective

Review of Economic Dynamics (2011)

Luca Pensieroso

This article casts the Belgian Great Depression of the 1930s within a dynamic stochastic general equilibrium (DSGE) framework. The results ...

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Article

Real Business Cycle Models of the Great Depression: A Critical ...

Journal of Economic Surveys (2007)

Luca Pensieroso

Recent years have witnessed a revival of interest in the Great Depression of the 1930s. Among the differing new interpretations, ...

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Article

Real Business Cycle Theory and the Great Depression: The Abandonment ...

Contributions to Macroeconomics (2006)

Michel R De Vroey and Luca Pensieroso

Is the Great Depression amenable to real business cycle theory? In the 1970s and 1980s Lucas and Prescott took an ...

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Unpublished Paper

Learning the Hard Way: Expectations and the U.S. Great ...

Discussion Paper 2022-04, LIDAM/IRES, Université catholique de Louvain (2022)

Pablo Aguilar and Luca Pensieroso

We introduce adaptive learning – a parsimonious, convenient way to model uncertainty – in a dynamic general equilibrium model of ...

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Unpublished Paper

Grounded in Methodology, Certified by Journals: The Rise and Evolution ...

Discussion Paper 2021-15, LIDAM/IRES, Université catholique de Louvain (2021)

Michel R De Vroey and Luca Pensieroso

In this paper, we introduce a new understanding of the mainstream notion in economics. Its distinct character is based on ...

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Unpublished Paper

The Rise of a Mainstream in Economics

Discussion Paper 2016-26, IRES, Université catholique de Louvain (2016)

Michel R De Vroey and Luca Pensieroso

Our paper contends that the existence of mainstream economics ought to be understood as a particular case of the now ...

Link

Unpublished Paper

The Great Depression in Belgium: an Open-economy Analysis

Discussion Paper 2010-23, IRES, Université catholique de Louvain (2010)

Luca Pensieroso

This paper studies the Great Depression in Belgium within the open-economy dynamic general equilibrium approach. Results from the simulations show ...

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About Luca Pensieroso

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Articles (13)

Working Papers (4)