Dr Vito Polito

Teaching profile

• Macroeconomic Theory (Year 2 undergraduate)
• Money, Banking and Finance (Year 2 undergraduate)
• Computational Macroeconomics (PhD Programme)

Research interests

• Applied macroeconometrics
• Capital income taxation
• Fiscal policy sustainability
• Optimal macroeconomic control
• Time-varying macroeconomic volatility

Selected publications

Published Refereed Papers

A model-based indicator of the fiscal stance, European Economic Review, Forthcoming, 2012 (with M. Wickens).

Up or Down? Capital income taxation in the United States and the United Kingdom, Finanzarchiv, Forthcoming, 2012.

Assessing the Fiscal Stance in the European Union and the United States, 1970-2011, Economic Policy, 68, pp. 599-647, 2011 (with M. Wickens). Data and programs available on request.

Optimal monetary policy using an unrestricted VAR, Journal of Applied Econometrics, Forthcoming, (with M. Wickens). Article first published online: 20 Oct 2010, DOI: 10.1002/jae.1219.

Measuring the effective tax burden in the real world, Fiscal Studies, 30, 2, pp. 247-278, 2009.

Book chapters and monographs

What is the best framework for fiscal policy?". In Globalisation New Challenges: Macroeconomic, International Trade and Financial Issues, Richter C. (ed), Lambert Academic Publishers, 2010 (with M. Wickens).

Macroeconomics: Study Guide. The London School of Economics and Political Science, University of London Press, London, 2009.

Working papers

UK Macroeconomic Volatility and the Welfare Costs of Inflation, Cardiff Economics Working Papers E2011/23, 2011 (with P. Spencer).

Optimal Monetary Policy with Inflation-Conditional Volatility, mimeo, 2011, (with P. Spencer).

Deferred Taxation and Effective Tax Rates on Income from Capital in the United States, 2000-2010, Cardiff Economics Working Papers E2011/14, 2010.

Capital income taxation incentives during economic downturns: re-thinking theory and evidence, Cardiff Economics Working Papers E2011/15, 2010, (with E. Longobardi).