Meet the Researchers
Dario Caldara
[email protected]
Education
- Ph.D., Economics, Institute for International Economic Studies, Stockholm University, 2011
- M.Sc., International Economics, Kiel Institute for the World Economy, 2005
- B.A., Economics, Bocconi University, 2004
- Monetary Policy, Oil Prices, Uncertainty
Assistant Director, Division of International Finance
Board of Governors of the Federal Reserve System
2022 - presentChief, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2019 - 2022Principal Economist, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2016 - 2019Senior Economist, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2015 - 2016Economist, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2014 - 2015Economist, Macroeconomic and Quantitative Studies Section
Board of Governors of the Federal Reserve System
2011 - 2014
- The international spillovers of synchronous monetary tightening
Dario Caldara, Francesco Ferrante, Matteo Iacoviello, Andrea Prestipino, and Albert Queralto
Journal of Monetary Economics (2024)
https://doi.org/10.1016/j.jmoneco.2023.10.017
See also » FRB Working Paper (2023) - The International Spillovers of Synchronous Monetary Tightening
Dario Caldara, Francesco Ferrante, Matteo Iacoviello, Andrea Prestipino, and Albert Queralto
International Finance Discussion Papers (2023)
https://doi.org/10.17016/IFDP.2023.1384 - International Spillovers of Tighter Monetary Policy
Dario Caldara, Francesco Ferrante, and Albert Queralto
FEDS Notes (2022)
https://doi.org/10.17016/2380-7172.3238 - 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) - Monetary Policy and Economic Performance Since the Financial Crisis
Dario Caldara, Etienne Gagnon, Enrique Martínez-García, and Christopher J. Neely
Federal Reserve Bank of St. Louis Review (2021)
https://doi.org/10.20955/r.103.425-60
See also » FRB Working Paper (2020) - Macroeconomic and Financial Risks: A Tale of Mean and Volatility
Dario Caldara, Chiara Scotti, and Molin Zhong
International Finance Discussion Papers (2021)
https://doi.org/10.17016/IFDP.2021.1326 - 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 - 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 - Monetary Policy, Real Activity, and Credit Spreads: Evidence from Bayesian Proxy SVARs
Dario Caldara and Edward Herbst
American Economic Journal: Macroeconomics (2019)
https://doi.org/10.1257/mac.20170294
See also » FRB Working Paper (2016) - The Systematic Component of Monetary Policy in SVARs: An Agnostic Identification Procedure
Jonas E. Arias, Dario Caldara, and Juan F. Rubio-Ramirez
Journal of Monetary Economics (2019)
https://doi.org/10.1016/j.jmoneco.2018.07.011
See also » FRB Working Paper (2015) - The Analytics of SVARs: A Unified Framework to Measure Fiscal Multipliers
Dario Caldara and Christophe Kamps
Review of Economic Studies (2017)
https://doi.org/10.1093/restud/rdx030
See also » FRB Working Paper (2012) - The Macroeconomic Impact of Financial and Uncertainty Shocks
Dario Caldara, Cristina Fuentes-Albero, Simon Gilchrist, and Egon Zakrajšek
European Economic Review (2016)
https://doi.org/10.1016/j.euroecorev.2016.02.020
See also » FRB Working Paper (2016) - Practical Tools for Policy Analysis in DSGE Models with Missing Shocks
Dario Caldara, Richard Harrison, and Anna Lipinska
Journal of Applied Econometrics (2014)
https://doi.org/10.1002/jae.2409
See also » FRB Working Paper (2012) - Computing DSGE Models with Recursive Preferences and Stochastic Volatility
Dario Caldara, Jesus Fernandez-Villaverde, Juan Rubio-Ramirez, and Wen Yao
Review of Economic Dynamics (2012)
https://doi.org/10.1016/j.red.2011.10.001
See also » FRB Working Paper (2012) - Essays on Empirical Macroeconomics
Dario Caldara
Monograph Series (2011) - What are the Effects of Fiscal Shocks? A VAR-Based Comparative Analysis
Dario Caldara and Christophe Kamps
Working paper series (European Central Bank) (2008)
seminar
November 2016DIW Berlin
seminar
November 2016Universitat Pompeu Fabra
seminar
November 2016Universitat Autonoma Barcelona
seminar
September 2016European Central Bank
conference
September 2016SITE Summer Workshops 2017
seminar
May 2016Oxford University
seminar
May 2016London Business School
seminar
May 2016Bank of England
seminar
April 2016Cornell University
seminar
April 2016Colgate College
seminar
April 2016Emory University
conference
July 2015NBER Summer Institute
conference
June 2015Society for Economic Dynamics - Annual Meeting - Warsaw
seminar
December 2014Duke University
seminar
November 2014University of California, San Diego
seminar
November 2014Federal Reserve Bank of Chicago
seminar
November 2014North Carolina State University
conference
October 2013Workshop on Macroeconomics, Financial Frictions and Asset Prices - Pavia
conference
June 2013Society for Economic Dynamics - Annual Meeting - Seoul
seminar
April 2013Banque de France
seminar
April 2013Swiss National Bank
conference
July 2012Conference on Computing in Economics and Finance -Prague
seminar
March 2012European Central Bank
seminar
March 2012Sverige Riksbank
seminar
March 2012Bank of England
seminar
May 2011Uppsala University
seminar
February 2011Board of Governors of the Federal Reserve System
seminar
February 2011Boston College
seminar
February 2011Universidad Autonoma Barcelona
seminar
February 2011TUFTS
seminar
February 2011Bank of Italy
seminar
February 2011Royal Holloway
seminar
January 2011London School of Economics
seminar
January 2011University College London
seminar
January 2011CREI - Pompeu Fabra
seminar
January 2011Bank of Spain
seminar
January 2011CEMFI
seminar
January 2011University of Warwick
seminar
January 2011Bank of England
seminar
November 2010Sverige Riksbank
seminar
November 2010Stockholm School of Economics
seminar
October 2010Stockholm University
seminar
October 2010University of Pennsylvania
conference
September 2010Oslo Workshop on Monetary and Fiscal Policy
conference
July 2010Society for Economic Dynamics - Annual Meeting - Montreal
conference
July 2010Conference on Computing in Economics and Finance - London
conference
June 2010Conference on Monetary and Fiscal Policy for Macroeconomic Stability - Pavia
conference
June 2009Society for Economic Dynamics - Annual Meeting - Istanbul
seminar
December 2008European Central Bank
conference
August 2006European Economic Association Annual Meeting - Vienna
conference
June 2006Conference on Computing in Economics and Finance - Cyprus
Conference Organization
May 2019 | Board of Governors, Washington DC
Conference on Developments in Empirical Macroeconomics
Organizer
May 2018 | Federal Reserve Bank of New York, NY
Conference on Developments in Empirical Macroeconomics
Organizer
May 2017 | Board of Governors, Washington DC
Conference on Developments in Empirical Monetary Economics
Organizer
September 2014 | Istanbul, Turkey
Advances in Applied Macro-Finance and Forecasting
Member of the Scientific Committee
Editor
- Associate Editor, Journal of Applied Econometrics, January 2020 - present
Referee
- American Economic Review
- Econometrica
- Review of Economic Studies
- Journal of the European Economic Association
- Journal of Monetary Economics
- AEJ: Macroeconomics
- Review of Economic Dynamics
- International Economic Review
- Journal of Money, Credit and Banking
- Journal of Applied Econometrics
- The Economic Journal
- Review of Economics and Statistics
- Quantitative Economics
- Journal of International Economics
- Journal of Forecasting
- Macroeconomic Dynamics
- Economics Letters
- Energy Journal
- The B.E. Journal of Macroeconomics
Professional Affiliation
- Adjunct Professor, Georgetown University, 2018-2019