Andrea Consiglio
Professor of Mathematical Finance at the University of Palermo, Italy,
Andrea Consiglio is a Professor of Quantitative Methods for Economics and Finance at the University of Palermo. He holds a PhD in Applied Mathematics to Finance and Economics and has extensive experience in mathematical finance, risk management, and sovereign debt sustainability. His research interests span from option pricing and portfolio management to stochastic programming and artificial markets. Prof. Consiglio has collaborated with prominent international institutions, including the Bank for International Settlements, the European Stability Mechanism, and the Bank of Finland. He is an Associate Editor for Optimization and Engineering and Risks, and the author of numerous peer-reviewed articles and books on financial optimization and risk management.
Featured work
Climate change could trigger debt crises, with adaptation providing only partial relief
Climate change is likely to significantly undermine sovereign debt sustainability, especially from the mid-2040s
Are bad governments a threat to sovereign defaults? The effects of political risk on debt sustainability
In this paper, we ask whether the level of political risk in a country threatens its debt sustainability
Incorporating political risk into analysis of sovereign debt sustainability
Political risk is not taken into account when assessing whether countries can manage their debts, but it could be and should be
How effective has the pandemic emergency purchase programme been in ensuring debt sustainability?
The ECB’s pandemic emergency purchase programme has improved substantially the debt dynamics of euro-area countries, with durable effects.