Emiliano Santoro

Emiliano Santoro

Professor with special responsibilities

Research groups


Primary fields of research

Macroeconomics, Monetary Economics

I have interests in macroeconomics and monetary economics. My research activity focuses on business cycle analysis and monetary policy design. My contributions may be grouped in four main strands of investigation. The first strand explores the connection between the credit market and the real economy, both from the vantage of business cycle analysis and monetary policy-making. The second strand focuses on the connection between information frictions and consumers' inflation expectations. The third strand studies inter-sectoral linkages in the market for intermediate goods and their effects on the propagation of shocks to the economy, as well as how monetary policy should be designed in this environment. The last strand examines the genesis and key features of various asymmetries in the transmission of monetary policy and business cycle dynamics. 


Macroeconomics III

Advanced Macroeconomics: Business Cycles

Current research

  1. “Chained Financial Frictions and Credit Cycles” (with Lubello, F. and Petrella, I.).
  2. “Changing Credit Limits, Changing Business Cycles” (with Jensen, H. and Hove Ravn, S.). CEPR Discussion Paper No. DP10462. Revision invited from European Economic Review.
  3. “Leverage and Deepening Business Cycle Skewness” (with Jensen, H. and Hove Ravn, S. and Petrella, I.). CEPR Discussion Paper No. DP12239.
  4. “Beyond the Mean: Size, Age and the Growth of Firms through the Lens of Quantile Regressions” (with Distante, R. and Petrella, I.).
  5. “Technical Change and the Distribution of Firm Growth” (with Caggese, A., Distante, R. and Petrella, I.).

ID: 32101428