Meet the Researchers
Matteo Iacoviello
Senior Associate Director
Program Direction Section
International Finance
202-452-2426
[email protected]
[email protected]
Education
- Ph.D., Economics, London School of Economics, 2002
- M.Sc., Economics, London School of Economics, 1998
- B.Sc., Economia, University of Rome "Tor Vergata", 1996
- Ph.D., Economic Theory and Institutions, University of Bologna, 2001
Current Research Topics
- Measuring Geopolitical Risk
- Inflation and Monetary Policy Spillovers
Senior Associate Director, International Finance Division
Board of Governors of the Federal Reserve System
2022 - presentEditor
Review of Economic Dynamics
2020 - presentAssociate Editor
Journal of Money, Credit and Banking
2014 - presentAssociate Director, International Finance Division
Board of Governors of the Federal Reserve System
2021Deputy Associate Director, International Finance Division
Board of Governors of the Federal Reserve System
2019 - 2020Assistant Director and Chief, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2017 - 2018Associate Editor
Review of Economic Dynamics
2014 - 2019Chief, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2014 - 2017Adjunct Visiting Professor
Georgetown University
2014 - 2016Project Manager, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2013Senior Economist, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2011 - 2012Economist, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2010Associate Professor (with tenure)
Boston College
2009Assistant Professor
Boston College
2002 - 2008Visiting Scholar
Federal Reserve Bank of Boston
2008 - 2009Consultant
International Monetary Fund
2008Consultant
Bank of Canada
2007Consultant
European Central Bank
2005 - 2006
- The Inflationary Effects of Sectoral Reallocation
Francesco Ferrante, Sebastian Graves, and Matteo Iacoviello
International Finance Discussion Papers (2023)
https://doi.org/10.17016/IFDP.2023.1369 - The Effect of the War in Ukraine on Global Activity and Inflation
Dario Caldara, Sarah Conlisk, Matteo Iacoviello, and Maddie Penn
FEDS Notes (2022)
https://doi.org/10.17016/2380-7172.3141 - Measuring Geopolitical Risk
Dario Caldara and Matteo Iacoviello
American Economic Review (2022)
https://doi.org/10.1257/aer.20191823
See also » FRB Working Paper (2022) - What Did we Learn from 2 billion jabs? Early Cross-Country Evidence on the Effect of COVID-19 Vaccinations on Deaths, Mobility, and Economic Activity
Giuseppe Fiori and Matteo Iacoviello
FEDS Notes (2021)
https://doi.org/10.17016/2380-7172.2984 - The Global Recovery: Lessons from the Past
Dario Caldara, Matthew DeHaven, Francesco Ferrante, and Matteo Iacoviello
FEDS Notes (2021)
https://doi.org/10.17016/2380-7172.2931 - A Crisis of Missed Opportunities? Foreclosure Costs and Mortgage Modification During the Great Recession
Stuart Gabriel, Matteo Iacoviello, and Chandler Lutz
Review of Financial Studies (2021)
https://doi.org/10.1093/rfs/hhaa059
See also » FRB Working Paper (2020) - Oil Prices and Consumption across Countries and U.S. States
Andrea De Michelis, Thiago Ferreira, and Matteo Iacoviello
International Journal of Central Banking (2020)
See also » FRB Working Paper (2019) - The Economic Effects of Trade Policy Uncertainty
Dario Caldara, Matteo Iacoviello, Patrick Molligo, Andrea Prestipino, and Andrea Raffo
Journal of Monetary Economics (2020)
https://doi.org/10.1016/j.jmoneco.2019.11.002
See also » FRB Working Paper (2019) - Does Trade Policy Uncertainty Affect Global Economic Activity?
Dario Caldara, Matteo Iacoviello, Patrick Molligo, Andrea Prestipino, and Andrea Raffo
FEDS Notes (2019)
https://doi.org/10.17016/2380-7172.2445 - Likelihood Evaluation of Models with Occasionally Binding Constraints
Pablo Cuba-Borda, Luca Guerrieri, Matteo Iacoviello, and Molin Zhong
Journal of Applied Econometrics (2019)
https://doi.org/10.1002/jae.2729
See also » FRB Working Paper (2019) - Foreign Effects of Higher U.S. Interest Rates
Matteo Iacoviello and Gaston Navarro
Journal of International Money and Finance (2019)
https://doi.org/10.1016/j.jimonfin.2018.06.012
See also » FRB Working Paper (2018) - Macroeconomic Effects of Banking Sector Losses across Structural Models
Luca Guerrieri, Matteo Iacoviello, Francisco Covas, John C. Driscoll, Mohammad Jahan-Parvar, Michael Kiley, Albert Queralto, and Jae Sim
International Journal of Central Banking (2019)
See also » FRB Working Paper (2015) - Taxonomy of Global Risk, Uncertainty, and Volatility Measures
Deepa Datta, Juan M. Londono, Bo Sun, Daniel Beltran, Thiago Ferreira, Matteo Iacoviello, Mohammad R. Jahan-Parvar, Canlin Li, Marius Rodriguez, and John Rogers
International Finance Discussion Papers (2017)
https://doi.org/10.17016/IFDP.2017.1216 - Collateral Constraints and Macroeconomic Asymmetries
Luca Guerrieri and Matteo Iacoviello
Journal of Monetary Economics (2017)
https://doi.org/10.1016/j.jmoneco.2017.06.004
See also » FRB Working Paper (2013) - Raising an Inflation Target: The Japanese Experience with Abenomics
Andrea De Michelis and Matteo Iacoviello
European Economic Review (2016)
https://doi.org/10.1016/j.euroecorev.2016.02.021
See also » FRB Working Paper (2016) - OccBin: A Toolkit for Solving Dynamic Models With Occasionally Binding Constraints Easily
Luca Guerrieri and Matteo Iacoviello
Journal of Monetary Economics (2015)
https://doi.org/10.1016/j.jmoneco.2014.08.005
See also » FRB Working Paper (2014) - Financial Business Cycles
Matteo Iacoviello
Review of Economic Dynamics (2015)
https://doi.org/10.1016/j.red.2014.09.003
See also » FRB Working Paper (2014) - Macroeconomics of Housing
Matteo Iacoviello
Global Financial Crisis and Housing: A New Policy Paradigm (2014) - Housing and Debt Over the Life Cycle and over the Business Cycle
Matteo Iacoviello and Marina Pavan
Journal of Monetary Economics (2013)
https://doi.org/10.1016/j.jmoneco.2012.10.020
See also » FRB Working Paper (2011) - Banks, Sovereign Debt and the International Transmission of Business Cycles
Luca Guerrieri, Matteo Iacoviello, and Raoul Minetti
NBER International Seminar on Macroeconomics (2012)
https://doi.org/10.1086/669586
See also » FRB Working Paper (2012) - Input and Output Inventories in General Equilibrium
Matteo Iacoviello, Fabio Schiantarelli, and Scott Schuh
International Economic Review (2011)
https://doi.org/10.1111/j.1468-2354.2011.00664.x - Housing Wealth and Consumption
Matteo Iacoviello
International Finance Discussion Papers (2011)
https://doi.org/10.17016/IFDP.2011.1027 - Housing in DSGE Models: Findings and New Directions
Matteo Iacoviello
Housing Markets in Europe: A Macroeconomic Perspective (2010)
https://doi.org/10.1007/978-3-642-15340-2_1 - Housing Market Spillovers: Evidence from an Estimated DSGE Model
Matteo Iacoviello and Stefano Neri
American Economic Journal: Macroeconomics (2010)
https://doi.org/10.1257/mac.2.2.125 - Household Debt and Income Inequality, 1963-2003
Matteo Iacoviello
Journal of Money, Credit and Banking (2008)
https://doi.org/10.1111/j.1538-4616.2008.00142.x - The Credit Channel of Monetary Policy: Evidence from the Housing Market
Matteo Iacoviello and Raoul Minetti
Journal of Macroeconomics (2008)
https://doi.org/10.1016/j.jmacro.2006.12.001 - An Equilibrium Model of Lumpy Housing Investment
Matteo Iacoviello and Marina Pavan
Rivista di Politica Economica (2007) - International Business Cycles with Domestic and Foreign Lenders
Matteo Iacoviello and Raoul Minetti
Journal of Monetary Economics (2006)
https://doi.org/10.1016/j.jmoneco.2005.07.024 - House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle
Matteo Iacoviello
American Economic Review (2005)
https://doi.org/10.1257/0002828054201477 - Consumption, House Prices, and Collateral Constraints: A Structural Econometric Analysis
Matteo Iacoviello
Journal of Housing Economics (2004)
https://doi.org/10.1016/j.jhe.2004.09.004 - Hedging Housing Risk in London
Matteo Iacoviello and Francois Ortalo-Magne
Journal of Real Estate Finance and Economics (2003)
https://doi.org/10.1023/A:1024776303998 - Financial Liberalization and the Sensitivity of House Prices to Monetary Policy
Matteo Iacoviello and Raoul Minetti
Manchester School (2003)
https://doi.org/10.1111/1467-9957.00332 - House Prices and Business Cycles in Europe: a VAR Analysis
Matteo Iacoviello
Boston College Working Papers in Economics (2002)
seminar
April 2022University of British Columbia
The Inflationary Effects of Sectoral Reallocation
seminar
April 2022Columbia University
Measuring Geopolitical Risk
seminar
November 2019NYU Stern
Measuring Geopolitical Risk
conference
July 2014NBER
Occbin: A Toolkit To Solve Models with Occasionally Binding Constraints Easily
conference
July 2013NBER Summer Institute
Collateral Constraints and Macroeconomic Asymmetries
conference
November 2012LACEA/LAMES Meetings, Lima (invited speaker)
Financial Business Cycles
conference
December 2011Korean Development Institute (invited speaker)
Housing and the Macroeconomy
seminar
June 2011European Summer Symposium on International Macroeconomics
Financial Business Cycles
seminar
November 2010Federal Reserve Bank of Minneapolis
Housing and Debt over the Life Cycle and over the Business Cycle
conference
December 2009Banque de France (keynote speaker)
Housing Markets and the Macroeconomy
conference
October 2009Central Bank of Netherlands (keynote speaker)
Housing and Debt over the Life Cycle and over the Business Cycle
conference
October 2008National Bank of Belgium Conference
Housing Market Spillovers: Evidence from an Estimated DSGE Model
conference
July 2009NBER
Housing and Debt over the Life Cycle and over the Business Cycle
Conference Organization
May 12-13, 2022 | Frankfurt/virtual
International Research Forum on Monetary Policy
Organizer
Editor
- Editor, Review of Economic Dynamics, 2020 to present
- Associate Editor, Journal of Money, Credit, and Banking, 2010 to present
- Program Committee Member, European Economic Association Meetings, 2007 to 2013
Referee
- American Economic Journal: Macroeconomics
- American Economic Review
- The B.E. Journals in Macroeconomics
- Computational Economics
- Econometrica
- Economic Journal
- Economics Letters
- International Economic Review
- International Finance
- International Journal of Central Banking
- Journal of Banking and Finance
- Journal of Economic Dynamics and Control
- Journal of the European Economic Association
- Journal of Housing Economics
- Journal of Macroeconomics
- Journal of Money, Credit, and Banking
- Journal of Monetary Economics
- Journal of Political Economy
- Macroeconomic Dynamics
- Quarterly Journal of Economics
- Regional Science and Urban Economics
- Review of Economic Dynamics
- Review of Economics and Statistics
- Review of Economic Studies
Last Update:
December 1, 2023