Francesca Rinaldi

Francesca Rinaldi joined the FORESTMOD Action in March 2013 as post doc research. Her current research is aimed at studying modeling and analyzing the socio-economic aspects of the forest sector. She holds a degree cum laude in Economics (2003), and a PhD in “Decisions in Insurance and Finance” from the University of Turin. She had previously worked as a research fellow at the University of Turin (November 2006 – August 2008) and at the Manchester Business School (September 2008 – August 2010). Before joining the JRC she was a researcher of the Financial Economics Research Service of Banque de France.


  • Jonsson, R., Rinaldi, F. (2017) The impact on global wood-product markets of increasing consumption of wood pellets within the European Union. Energy, 133: 864–878. DOI:10.1016/
  • Jonsson, R., Rinaldi, F., Räty, M., Sallnäs, O. (2016) Integrating forest-based industry and forest resource modeling. iForest (early view). – doi: 10.3832/ifor1961-009 [online 2016-08-12]
  • San-Miguel-Ayanz, J., de Rigo, D., Caudullo, G., Houston Durrant, T., Mauri, A., Tinner, W., Ballian, D., Beck, P., Birks, H. J. B., Eaton, E., Enescu, C. M., Pasta, S., Popescu, I., Ravazzi, C., Welk, E., Abad Viñas, R., Azevedo, J. C., Barbati, A., Barredo, J. I., Benham, S. E., Boca, R., Bosco, C., Caldeira, M. C., Cerasoli, S., Chirici, G., Cierjacks, A., Conedera, M., Da Ronch, F., Di Leo, M., García-Viñas, J. I., Gastón González, A., Giannetti, F., Guerrero Hue, N., Guerrero Maldonado, N., López, M. J., Jonsson, R., Krebs, P., Magni, D., Mubareka, S., Nieto Quintano, P., Oliveira, S., Pereira, J. S., Pividori, M., Räty, M., Rinaldi, F., Saura, S., Sikkema, R., Sitzia, T., Strona, G., Vidal, C., Vilar, L., Zecchin, B. (2016) European atlas of forest tree species. San-Miguel-Ayanz, J., de Rigo, D., Caudullo, G., Houston Durrant, T., Mauri, A. (Eds.). Publications Office of the European Union, Luxembourg. 200 pp. ISBN:978-92-79-52833-0, DOI:10.2788/4251.
  • Rinaldi, F., Jonsson, R. (2016) Does it take prices to make volumes move? A comparison of timber market functioning in Finland and Lithuania. Scandinavian Journal of Forest Research, 31(4): 428-433. DOI:10.1080/02827581.2016.1158309
  • Rinaldi, F., Jonsson, R., Sallnäs, O., Trubins, R. (2015) Behavioral Modelling in a Decision Support System. Forests 2015, 6, 311-327.
  • Rinaldi F, Jonsson R (2014) Information, Multi-faceted Forest Ownership and Timber Supply. Forest Res 3(4): 129. doi:10.4172/21689776.1000129. Online at:
  • Mubareka, S., Jonsson, R., Rinaldi, F., Fiorese, G., San-Miguel-Ayanz, J., Sallnäs, O., Baranzelli, C., Pilli, R., Lavalle, C., Kitous, A. (2014) An integrated modelling framework for the forest-based bioeconomy. IEEE Earthzine 7 (2), 908802+. doi:10.1101/011932
  • Giurca A, Jonsson R, Rinaldi F, Priyadi H. (2013) Ambiguity in Timber Trade Regarding Efforts to Combat Illegal Logging: Potential Impacts on Trade between South-East Asia and Europe. Forests. 2013; 4(4):730-750.
  • Rinaldi, F. & Jonsson, R. (2013) Risks, Information and Short-Run Timber Supply. Forests 2013, 4, 1158-1170.
  • Guidolin, M., Rinaldi, F. (2013) Ambiguity in Asset Pricing and Portfolio Choice: A Review of the Literature Theory and Decisions 74, pp. 183-217
  • Guidolin, M., Rinaldi, F. (2010) A Simple Model of Trading and Pricing Risky Assets Under Ambiguity: Any Lessons for Policy-Makers? Applied Financial Economics 20, pp. 105-135
  • Rinaldi, F. (2009) Endogenous incompleteness of financial markets: the role of ambiguity and ambiguity aversion. Journal of Mathematical Economics 45, pp. 872-893


As the science and knowledge service of the European Commission, the Joint Research Centre's mission is to support EU policies with independent evidence throughout the whole policy cycle.