Matteo Falagiarda
Economics
- Division
Euro Area External Sector
- Current Position
-
Principal Economist
- Fields of interest
-
Macroeconomics and Monetary Economics,Financial Economics,International Economics
- Education
- 2010-2014
PhD in Economics, University of Bologna, Italy
- 2013
Advanced Studies Program in International Economic Policy Research, Kiel Institute for the World Economy, Germany
- 2010
MSc in International Economic Development, University of Reading, UK
- 2009
MA in European and International Studies, University of Trento, Italy
- 2006
BA in Economics, University of Trento, Italy
- Professional experience
- 2021-2024
Senior Economist, Euro Area External Sector & Euro Adoption Division, European Central Bank
- 2021
Senior Economist, Monetary Analysis Division, European Central Bank
- 2015-2020
Economist, Monetary Analysis Division, European Central Bank
- 2018
Principal Economist, Monetary Analysis Division, European Central Bank
- Teaching experience
- 2023-
Adjunct Professor - Central Banking and Monetary Policy, University of Bologna, Italy
- 10 January 2024
- THE ECB BLOGDetails
- JEL Code
- E31 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Price Level, Inflation, Deflation
F62 : International Economics→Economic Impacts of Globalization→Macroeconomic Impacts
O52 : Economic Development, Technological Change, and Growth→Economywide Country Studies→Europe
O51 : Economic Development, Technological Change, and Growth→Economywide Country Studies→U.S., Canada
O11 : Economic Development, Technological Change, and Growth→Economic Development→Macroeconomic Analyses of Economic Development
N24 : Economic History→Financial Markets and Institutions→Europe: 1913?
- 7 March 2023
- THE ECB BLOGDetails
- JEL Code
- E31 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Price Level, Inflation, Deflation
- 12 January 2023
- ECONOMIC BULLETIN - BOXEconomic Bulletin Issue 8, 2022Details
- Abstract
- On 1 January 2023 Croatia adopted the euro and became the 20th member of the euro area. The Croatian economy is expected to benefit from the elimination of currency risk, as well as lower transaction and borrowing costs. After its accession to the EU in 2013, Croatia made significant progress in addressing macroeconomic imbalances and achieving convergence towards the euro area. It now needs to continue with those reform efforts in order to fully reap the benefits of the euro and to allow adjustment mechanisms to operate efficiently within the enlarged currency area.
- JEL Code
- E42 : Macroeconomics and Monetary Economics→Money and Interest Rates→Monetary Systems, Standards, Regimes, Government and the Monetary System, Payment Systems
F15 : International Economics→Trade→Economic Integration
F45 : International Economics→Macroeconomic Aspects of International Trade and Finance
O47 : Economic Development, Technological Change, and Growth→Economic Growth and Aggregate Productivity→Measurement of Economic Growth, Aggregate Productivity, Cross-Country Output Convergence
- 17 November 2022
- WORKING PAPER SERIES - No. 2752Details
- Abstract
- This paper assesses the role of the housing market in the transmission of conventional and unconventional monetary policy across euro area regions. By exploiting a novel regional dataset on housing-related variables, a structural panel VAR analysis shows that monetary policy propagates effectively to economic activity and house prices, albeit in a heterogeneous fashion across regions. Although the housing channel plays a minor role in the transmission of monetary policy to the economy on average, its importance increases in the case of unconventional monetary policy. We also explore the determinants of the diverse transmission of monetary policy to economic activity across regions, finding a larger impact in areas with lower labour income and more widespread homeownership. An expansionary