Welcome to the personal website of Giovanni Urga's!
Professor Giovanni Urga was born in Laurenzana (PZ), a small village in the Regione Basilicata (Italy), rich in countless natural wonders, a must visit destination.
CURRENT POSITIONS
Professor of Econometrics & Finance, Bayes Business School (formerly Cass), City University of London, UK (1999-present). Web page.
Director, Centre for Econometric Analysis (CEA), Bayes Business School
Visiting Professor , CRED & University Paris II Pantheon-Assas, France (2015-present)
Senior Fellow, Rimini Centre for Economic Analysis (RCEA) (2023-present)
Steering Committee, Research Centre "Centro Studi Economia Applicata (CSEA)" (2022-present)
Panel Member, Philip Leverhulme Prizes in Economics 2022, 2025 UK
PREVIOUS POSITIONS
Oct 2007-Feb 2024 - Professor of Econometrics, Department of Economics/Management, University of Bergamo (Italy)
Oct 1992- Sep 2007 - Visiting Professor of Econometrics, Department of Economics, University of Bergamo (Italy)
1994-1999: Research Fellow , London Business School, London (UK)
1996-1999: Visiting Professor of Econometrics, New Economic School, Moscow (Russia)
1992-1994: Lecturer in Economics, Queen Mary and Westfield College, London (UK)
1991-1992: Research Officer, Institute of Economic and Statistics, University of Oxford (UK).
EDUCATION
PhD in Economics (Oxford University, UK, 1987-1992)
BSc in Economics (Pavia University, Italy, 1980-1985)
High School (Liceo Classico Q. O. Flacco, Potenza, Italy, 1975-1980)
EXPERTISE AND RESEARCH INTERESTS
Econometric Methodology and Applications
Multivariate test for volatility spillover; multivariate predictive ability test; weak exogeneity and stability tests; Monte Carlo combined tests.
Panel Data Econometrics
Modelling nonstationarity and breaks in panels; time-varying loading in multifactor models; modelling cross-sectional dependence in panels; Granger-causality in panels.
Finance and Financial Econometrics
High-frequency econometrics; testing for jumps and co-jumps; modelling liquidity and systemic risk indicators; multifactor asset pricing models; assessing systemic risk in the European and Chinese financial systems; modelling shadow banking.
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THE SURREAL CASE/DISPUTE BETWEEN PROFESSOR GIOVANNI URGA & THE UNIVERSITY OF BERGAMO.
- October 1992- September 2007 - Visiting Professor of Econometrics, Department of Economics, University of Bergamo (Italy)
- October 2007- 28 February 2023: Full Professor (SECS - P/05, Tempo Definito/Part-time) , Department of Economics/Management, University of Bergamo (Italy)
- March 2023 - 20 February 2024: Full Professor ((SECS - P/05, tempo Definito/Part-time) (Unpaid Leave of Absence) Department of Management, University of Bergamo (Italy)
- 21 February 2024: voluntary RESIGNED as Full Professor (Tempo Definito /Part-Time)
Main administrative decisions:
(1) TAR Lombardia-Brescia Court Ruling n. 781/2020 of the 9/11/2020 & (2) TAR Lombardia-Brescia court ruling n. 879/2021 of the 18/10/2021.
Both TAR Court Rulings are FINAL JUDGEMENTS.The TAR Lombardia-Brescia Court Ruling n. 637/2022 of the 24/06/2022 was EXECUTED by the University of Bergamo on the 25 July 2022 (D. R. Repertorio n. 635/2022 Prot. n. 13042)
4 January 2023: the University of Bergamo appealed the TAR Lombardia-Brescia Court Ruling n. 637/22 of the 24/06/2022 to the Consiglio di Stato (n.r.g. 108/2023).
3 October 2023: Following the public hearing on 6 June 2023, the Consiglio di Stato (n. 8636/2023) rejected the University of Bergamo appeal against the TAR Court Ruling n. 637/2022 of the 24/06/2022 (reported above). THIS IS FINAL JUDGEMENT: PROFESSOR GIOVANNI URGA WON.
An excellent summary of the main facts from 2020 to 2023 is in
Interesting insights can be found also in an interview to the La Rassegna.it of the 13 April 2013 (pdf)
7 December 2023: Following the public hearing of the 8 November 2023, the TAR (N. 00902/2023 REG.PROV.COLL. , N. 00001/2021 REG.RIC. ) ruled on the compensation to be granted by the University of Bergamo to Professor Giovanni Urga for biological and reputational damages, as well as the reimbursement of legal expenses.
15 January 2024: Professor Giovanni Urga voluntary RESIGNED as Full Professor (Tempo Definito /Part-Time) in Econometrics (SECS - P/05) of University of Bergamo as from the 21 February 2024.
10 December 2024: Public hearing at the Consiglio di Stato.
30 December 2024. The Consiglio di Stato (N. 10478/2024 REG.PROV.COLL,N. 01928/2024 REG.RIC.) ruled that the University of Bergamo must pay additional compensation to Prof. Urga for reputational damages and reimburse of legal expenses, in addition to what was established by the TAR of Brescia in its ruling of the 7 December 2023 ruling (see above).
18 April 2025. The University of Bergamo paid the registration tax related to Council of State judgment No. 10478/2024.
(to be continued..)
FULL DETAILS, INCLUDING OFFICIAL DOCUMENTS, WILL BE UPLOADED SOON - (Last update: 20 June 2025)
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