Publications

72 publications found, searching for 'Gennaro Zezza '

• Strategic Analysis
  October 14, 2025

  The US Economy amid Rising Global Uncertainty

  Dimitri B. Papadimitriou, Giuliano Toshiro Yajima, and Gennaro Zezza
  Abstract

  Contrary to upbeat announcements on the prospects for the US economy from the current administration in Washington, economic conditions are softening for this year. The market for labor is increasing…more

  Download Strategic Analysis, October 2025 PDF (1.37 MB)
• Working Paper No. 1082
  May 12, 2025

  Growth vs. Discipline: Italy’s Fiscal Dilemmas in a Stock-Flow Consistent Model

  Francesco Zezza and Gennaro Zezza
  Abstract

  This paper investigates the implications of the European Union’s revised fiscal governance framework for Italy, a country facing the dual challenge of high public debt and persistent economic stagnation. Using…more

  Download Working Paper No. 1082 PDF (732.73 KB)
• One-Pager No. 73
  May 05, 2025

  The Incoming Recession: Are Imports the Real Culprit?

  Dimitri B. Papadimitriou, Giuliano Toshiro Yajima, and Gennaro Zezza
  Abstract

  The preliminary estimates for real GDP growth in the first quarter of 2025 show an annualized contraction rate of 0.28 percent, along with an extraordinary increase in imports of 41.3…more

  Download One-Pager No. 73 PDF (285.37 KB)
• Policy Note No. 2025/1
  April 21, 2025

  Trump’s Tariffs: Ending Globalization

  Dimitri B. Papadimitriou, Giuliano Toshiro Yajima, and Gennaro Zezza
  Abstract

  The Trump administration is reintroducing a number of 40-year-old, Reagan-era economic and military policies, but is particularly preoccupied with the imposition of tariffs for all of the country’s imports. Trump,…more

  Download Policy Note 2025/1 PDF (877.05 KB)
• Strategic Analysis
  March 26, 2025

  Greece: Growing on an Unsustainable Path

  Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano Toshiro Yajima, and Gennaro Zezza
  Abstract

  Greece has been among the fastest growing economies among the EU member states in the post-COVID-19 period. However, in a previous (February 2024) report, Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano Toshiro…more

  Download Strategic Analysis, March 2025 PDF (972.75 KB)
• Strategic Analysis
  November 05, 2024

  Economic Challenges of the New U.S. Administration

  Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano Toshiro Yajima, and Gennaro Zezza
  Abstract

  On the eve of the 2024 US presidential election, the authors share their latest macroeconomic projections using the Levy Institute’s tailored stock-flow consistent model and evaluate two alternative policy scenarios, depending upon the next occupant of the White House: (1) a significant increase in import tariffs and decrease in the marginal tax rate, and (2) a substantial increase in government expenditure paired with an increase in the marginal tax rate.

  Download Strategic Analysis November 2024 PDF (673.85 KB)
• Strategic Analysis
  June 04, 2024

  U.S. Economic Outlook: Prospects for 2024 and Beyond

  Dimitri B. Papadimitriou, Giuliano Toshiro Yajima, and Gennaro Zezza
  Abstract

  In this report, Institute President Dimitri B. Papadimitriou, Research Scholar Giuliano T. Yajima, and Senior Scholar Gennaro Zezza discuss the rapid recovery of the US economy in the post-pandemic period….more

  Download Strategic Analysis, June 2024 PDF (981.17 KB)
• Strategic Analysis
  February 15, 2024

  Greece: Time to Reduce the Dependency on Imports

  Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano Toshiro Yajima, and Gennaro Zezza
  Abstract

  In this report, Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano T. Yajima, and Gennaro Zezza investigate the determinants of the recent performance of the Greek economy. Despite geopolitical instability from the…more

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• Strategic Analysis
  July 20, 2023

  Will the US Debt Ceiling Deal Derail the Pandemic Recovery?

  Dimitri B. Papadimitriou, Gennaro Zezza, Michalis Nikiforos, and Giuliano Toshiro Yajima
  Abstract

  In this Strategic Analysis, Dimitri B. Papadimitriou, Michalis Nikiforos, Giuliano T. Yajima, and Gennaro Zezza discuss how the current state and structural features of the US economy might affect its…more

  Download Strategic Analysis, July 2023 PDF (1.54 MB)
• Policy Note No. 2023/1
  May 01, 2023

  Greece: Higher GDP Growth at What Cost?

  Dimitri B. Papadimitriou, Gennaro Zezza, and Giuliano Toshiro Yajima
  Abstract

  In 2022, Greek GDP grew at a higher rate than the eurozone average as the nation’s economy rebounded from the COVID-19 shock. However, it was not all welcome news. In…more

  Download Policy Note 2023/1 PDF (435.05 KB)
• Strategic Analysis
  October 13, 2022

  Greece: Recovery, or Another Recession?

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  In this strategic analysis, Institute President Dimitri B. Papadimitriou, Senior Scholar Gennaro Zezza, and Research Associate Nikolaos Rodousakis discuss the medium-term prospects for the Greek economy in a time of…more

  Download Strategic Analysis, October 2022 PDF (1.18 MB)
• Strategic Analysis
  October 13, 2022

  Ελλάδα: Ανάκαμψη, ή μια νέα Ύφεση;

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  Σε αυτή τη στρατηγική ανάλυση, ο Πρόεδρος του Ινστιτούτου Δημήτρης Παπαδημητρίου, ο ερευνητής Gennaro Zezza και ο επιστημονικός συνεργάτης Νίκος Ροδουσάκης αναλύουν τις μεσοπρόθεσμες προοπτικές για την ελληνική οικονομία, σε…more

  Download ΕΛΛΑΔΑ ΣΤΡΑΤΗΓΙΚΗ ΑΝΑΛΥΣΗ 10 2022 PDF (1.27 MB)
• Strategic Analysis
  August 11, 2022

  Avoiding a Recession

  Dimitri B. Papadimitriou, Gennaro Zezza, and Michalis Nikiforos
  Abstract

  In this report, Institute President Dimitri B. Papadimitriou, Research Scholar Michalis Nikiforos, and Senior Scholar Gennaro Zezza analyze how and why the US economy has achieved a swift recovery in…more

  Download Strategic Analysis, August 2022 PDF (2.20 MB)
• Working Paper No. 1005
  April 15, 2022

  A Prototype Regional Stock-Flow Consistent Model

  Gennaro Zezza and Francesco Zezza
  Abstract

  Starting from the seminal works of Wynne Godley (1999; Godley and Lavoie 2005, 2007a, 2007b), the literature adopting stock-flow consistent (SFC) models for two or more countries has been flourishing,…more

  Download Working Paper No. 1005 PDF (709.70 KB)
• Strategic Analysis
  March 01, 2022

  Is Greece on the Road to Economic Recovery?

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  In this strategic analysis, Institute President Dimitri B. Papadimitriou, Research Scholar Gennaro Zezza, and Research Associate Nikos Rodousakis analyze how the Greek economy started to recover from the shock of…more

  Download Strategic Analysis, March 2022 PDF (1.33 MB)
• Strategic Analysis
  March 01, 2022

  Είναι η Ελλάδα στον δρόμο της οικονομικής ανάκαμψης;

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  Σε αυτή τη στρατηγική ανάλυση, ο Πρόεδρος του Ινστιτούτου Δημήτρης Β. Παπαδημητρίου, ο ερευνητής Gennaro Zezza και ο επιστημονικός συνεργάτης Νίκος Ροδουσάκης αναλύουν πώς η ελληνική οικονομία άρχισε να ανακάμπτει…more

  Download Στρατηγικη Αναλυση, Μάρτιος 2022 PDF (653.70 KB)
• Policy Note No. 1
  February 25, 2022

  Τι συμβαίνει με τα νέα δεδομένα των ελληνικών Εθνικών Λογαριασμών;

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  Tο 2020, η Ελληνική Στατιστική Αρχή (ΕΛΣΤΑΤ) ξεκίνησε την αναθεώρηση των εθνικών λογαριασμών για την Ελλάδα, προκειμένου να εναρμονιστούν με το νέο Ευρωπαϊκό Σύστημα Λογαριασμών. Τα δεδομένα από τους εθνικούς…more

  Download ΣΗΜΕΙΩΜΑΤΑ ΠΟΛΙΤΙΚΗΣ No. 1 | Μάρτιος 2022 PDF (2.11 MB)
• Policy Note No. 2022/1
  February 25, 2022

  What Is Happening to the New Greek National Accounts Data?

  Dimitri B. Papadimitriou, Gennaro Zezza, and Nikolaos Rodousakis
  Abstract

  In 2020, the Hellenic Statistical Authority (ElStat) started a revision of the national accounts for Greece to bring them into line with the new European System of Accounts. Data from…more

  Download Policy Note 2022/1 PDF (1.17 MB)
• Strategic Analysis
  June 17, 2021

  The Pandemic, the Stimulus, and the Future Prospects for the US Economy

  Dimitri B. Papadimitriou, Gennaro Zezza, and Michalis Nikiforos
  Abstract

  In this report, Institute President Dimitri B. Papadimitriou and Research Scholars Michalis Nikiforos and Gennaro Zezza analyze how the US economy was affected by the pandemic and its prospects for…more

  Download Strategic Analysis, June 2021 PDF (1.64 MB)
• Strategic Analysis
  October 06, 2020

  When Will Italy Recover?

  Dimitri B. Papadimitriou, Gennaro Zezza, and Francesco Zezza
  Abstract

  Italy was the first European country to be impacted by COVID-19, rapidly overwhelming healthcare facilities in some areas and prompting the government to shut down nonessential economic activities, with an…more

  Download Strategic Analysis, October 2020 PDF (540.95 KB)
• Working Paper No. 958
  June 12, 2020

  A Stock-Flow Consistent Quarterly Model of the Italian Economy

  Gennaro Zezza and Francesco Zezza
  Abstract

  Macroeconomists and political officers need rigorous, albeit realistic, quantitative models to forecast the future paths and dynamics of some variables of interest while being able to evaluate the effects of…more

  Download Working Paper No. 958 PDF (1.11 MB)
• One-Pager No. 61
  March 10, 2020

  A Global Slowdown Will Test US Corporate Fragility

  Dimitri B. Papadimitriou, Gennaro Zezza, and Michalis Nikiforos
  Abstract

  The rapidly growing uncertainty about the potential global fallout from an emerging pandemic is occurring against a background in which there is evidence US corporate sector balance sheets are significantly…more

  Download One-Pager No. 61 PDF (118.75 KB)
• Strategic Analysis
  January 23, 2020

  Prospects and Challenges for the US Economy

  Dimitri B. Papadimitriou, Gennaro Zezza, and Michalis Nikiforos
  Abstract

  This Strategic Analysis examines the US economy’s prospects for 2020–23 and the risks that lie ahead. The baseline projection generated by the Levy Institute’s stock-flow consistent macroeconomic model shows that,…more

  Download Strategic Analysis, January 2020 PDF (1.00 MB)
• Strategic Analysis
  January 17, 2020

  Greece: In Search of Investors

  Dimitri B. Papadimitriou, Gennaro Zezza, and Michalis Nikiforos
  Abstract

  2019 marked the third year of the continuing economic recovery in Greece, with real GDP and employment rising, albeit at modest rates. In this Strategic Analysis we note that the…more

  Download Strategic Analysis, January 2020 PDF (786.47 KB)