Dipartimento di Economia Politica

Università di Milano Bicocca  
Piazza dell’Ateneo Nuovo, 1 20126 Milano
e-mail: enzo.dia@unimib.it
tel. 0039 02 64483018

orario di ricevimento: giovedì ore 14.30 -16.30, ufficio in U6, terzo piano, stanza 352.

CURRENT POSITION

       Ricercatore, Dipartimento di Economia Politica, Università di Milano-Bicocca

EDUCATION

Ph.D. in Economics, University of Strathclyde.
Dottorato in Economia Politica, Università degli Studi di Pavia.
Master in Economics and Finance, University of Glasgow .
Laurea in Economia e Commercio  (summa cum laude), Università degli Studi di Pavia

TEACHING

        Economia del Settore Bancario (Economics of Banking)
        Economia Politica (Macroeconomics)
        International Economics and Economic Development
        (MASTER NEW MARKETS & EUROPE, ALTIS, Università Cattolica del Sacro Cuore)

RESEARCH INTERESTS

Macroeconomics and Finance
Banking
History of Economic Thought

RESEARCH

Banking pricing and macroeconomic factors.  Joint with Massimo Giuliodori (University of Amsterdam)
We study theoretically and empirically the impact of macroeconomic factors on bank profits and bank stock returns.

Substitution and complementarities among different classes of securities. Joint with Fabrizio Casalin (University of Newcastle)
We study empirically primary placements of shares and bonds together with new issuance of industrial loans. Preliminary results suggest that bond and stock issuance are complementary, while bonds and loans are substitutes.

Why Don’t Capital Markets Provide Reinsurance for Catastrophic Risks?  A Stylised Model of Customer Relationships in Reinsurance Joint with John Lewis ( De Nederlandsche Bank)  The goal of this paper is to formulate an account of how reinsurance markets work, to try to explain some of it puzzling features.

PUBLICATIONS

Financial Market Volatility and Primary Placements, with Fabrizio Casalin, Economics Letters, Volume 105, Issue 3, Pages 284-286 (December 2009).
The Determinants of bank Interest Margins: Estimates of a Dynamic Model, with Massimo Giuliodori WP 157, Dipartimento di Economia Politica Università di Milano-Bicocca.
Algebra of a Credit Crunch, Newcastle Discussion Papers in Economics No 2009/02.
Aggregate Investment, Tobin’s q and External Finance, with Fabrizio Casalin,  Newcastle Discussion Papers in Economics No 2009/01
The Macroeconomic Determinants of External Finance, with Fabrizio Casalin,  Newcastle Discussion Papers in Economics No 2009/04

Uncertainty, Information, and Trust in Banking Intermediation                WP 130 | Dicembre 2007
Investment and External Finance: An Empirical Analysis, with Fabrizio Casalin  WP 129 | Dicembre 2007
Imperfect Information and Monopolistic Pricing in the Banking Industry        WP 74 | Maggio 2004
Monopolistic Pricing in the Banking Industry: A Dynamic Model                    WP 73 | Maggio 2004
The bank's risk insurance and the EMU                                                       WP 72 | Maggio 2004
Ordine spontaneo e regole: l'ottimalità dei vincoli all'agire umano                WP 57 | Ottobre 2002
A reconciliation of the evidence about bank lending with portfolio theory     WP 56 | Ottobre 2002 

OTHER ACTIVITIES

·  Referee for: Journal of Money Credit and Banking, Scottish Journal of Political Economy, RISEC