Leonardo Cadamuro
PhD Student, Hitotsubashi University
Featured work
National policies are the best protection against euro-area financial fragmentation risks
An analysis of German-Italian spreads under five Italian governments shows that the gap was biggest when Italian policies worried markets most.
COVID-19 in the European Union: health impacts and effects on economic activity
What matters when it comes to managing the pandemic is to prevent intensive-care admissions and deaths arising from COVID-19.
Does money growth tell us anything about inflation?
The view of one of the authors of this paper about the relationship between money and inflation can be summarised in two anecdotes.
Emergency Liquidity Assistance: A new lease of life or kiss of death?
Use of Emergency Liquidity Assistance to prop up euro-area banks needs to be more transparent; available evidence suggests its use has not always been