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Nicola AcocellaItalian economist and academic
Date of Birth: 03.07.1939
Country:  Italy |
Content:
Nico Nicola Acciaroli
Early Life and EducationNicola Acciaroli was born on July 3, 1939, in Calitri, Italy. In 1963, he graduated from Sapienza University of Rome with a degree in Economics, earning a dissertation on economic policy under the guidance of renowned economist Federico Caffè.
Academic Career
By 1980, Acciaroli had risen through academia to the rank of Professor. His contributions to economic policy have been substantial, developing both the systematization and foundations of the field. He has notably innovated theories of economic policy, monetary and fiscal policy, and the theory of social pacts.
Acciaroli has had the opportunity to consult and collaborate with some of the most prominent economists of the 20th century, including Kenneth Arrow, Amartya Sen, and Joseph Stiglitz. He has also engaged with distinguished professors such as Andrew Hughes Hallett, Peter J. Hammond, Luigi L. Pasinetti, and Douglas Hibbs.
Acciaroli has held visiting positions at institutions including the University of Cambridge, the University of Oxford, and the University of Reading. He was Professor of Economics at the University of Perugia, Professor of Industrial Organization and Economic Policy at the University of Calabria, and Professor of Economic Policy at Sapienza University of Rome. At the latter, he directed the PhD program in Economics and was part of the Scientific Board.
Research Interests
Acciaroli's research interests include monetary and fiscal policy, with particular attention to abstract concepts such as conditions for effectiveness and development, optimal inflation, and the existence of a non-vertical Phillips curve in the long run. His analytical work has led to a systemic approach in economic policy, to some extent autonomous from the rest of economics.
Of particular note is Acciaroli's reformulation of the classical theory of economic policy by Jan Tinbergen, Ragnar Frisch, and Henri Theil. The revision introduces new insights into the analysis of conditions not only for effectiveness and targets of policy but also for the existence of uniqueness or multiplicity of equilibria in strategic games.
Honors and Recognition
In 1977, Acciaroli was elected a Fellow of the British Academy. He has also been a Fellow of the Social Sciences and Humanities Research Council of Canada and a Member of the American Council of Learned Societies since 1980.
In 2009, he received the first Medal of Sapienza University of Rome for 'outstanding research' on the theory of economic policy in a strategic context. Acciaroli served as an expert evaluator for the European Union Research Projects in 2008, 2010, and 2012.
