Ambrogio Cesa-Bianchi

Senior Economist - Global Analysis Division ​

Biography

Ambrogio Cesa-Bianchi is a Senior Economist in the Bank's International Directorate.  He has a broad expertise in econometric and general equilibrium (DSGE) modelling, and his research interests include international economics and finance, monetary policy, and housing.  Ambrogio received his PhD in Economics from Cattolica University (Milano); he also holds an MSc in Economics from Pompeu Fabra University, and a 5-year degree in Engineering from Politecnico di Milano. 

Ambrogio is a member of the Centre for Macroeconomics and the Euro Area Business Cycle Network.

 

Ambrogio's Bank publications

Publication // Working Paper

Structural change, global R* and the missing-investment...

Structural change, global R* and the missing-investment puzzle
Publication // Working Paper

Global R*

Global R*
Publication // Quarterly Bulletin

No economy is an island: how foreign shocks...

No economy is an island: how foreign shocks affect UK macrofinancial stability
Publication // Working Paper

The transmission of Keynesian supply shocks

The transmission of Keynesian supply shocks
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Ambrogio's Bank Underground blog posts

Global R* - November 2023
Did supply constraints tilt the Phillips Curve? - July 2023
Tradable cost shocks and non-tradable inflation: real wages and spillovers - May 2023
I need a dollar, dollar, a dollar is what I need - October 2021
Can sectoral supply shocks have aggregate demand consequences? - September 2021
Foreign booms, domestic busts: the global dimension of banking crises - February 2017
Will a Fed rate hike affect house prices in emerging markets? - July 2015

Ambrogio's selected academic publications

Does Easing Monetary Policy Increase Financial Instability?, with A. Rebucci, Journal of Financial Stability (2017)
Global Liquidity, House Prices, and the Macroeconomy: Evidence from Advanced and Emerging Economies - with L. Cespedes and A. Rebucci, Journal of Money, Credit and Banking (2015)
Housing Cycles And Macroeconomic Fluctuations: A Global Perspective - Journal of International Money and Finance (2013)
China's Emergence In The World Economy And Business Cycles In Latin America - with M.H. Pesaran, A. Rebucci, and T. Xu, Economía (2012)

 

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