Daniel Garcia-Macia

Last Updated: September 28, 2020

Daniel Garcia-Macia

Daniel Garcia-Macia is an economist in the European Department of the IMF. He holds a Ph.D. in Economics from Stanford University. His research interests are in Macroeconomics, Finance, Economic Growth and Innovation.

Email: DGARCIAMACIA@imf.org

Personal WebPage: sites.google.com/view/garciamacia/

Fluent In: Catalan, French, Spanish.

Education:

Ph.D. in Economics, Stanford University, 2016

M.A. in Economics, Stanford University, 2013

M.Sc. in Economics, Barcelona Graduate School of Economics, 2010

B.A. in Economics, Universitat Pompeu Fabra, 2009


Country work or Mission Assignment:

Italy, euro area, United Kingdom


IMF Career:

Economist, European Department, 2019-...

Economist (EP), European Department, 2017-2018

Economist (EP), Research Department, 2016-2018


Work in progress:

The Financing of Ideas and the Great Deviation, under revision for the Journal of Monetary Economics

Macroprudential Policy with Liquidity Panics, with Alonso Villacorta, under revision for the Review of Financial Studies

Compliance with the Stability and Growth Pact: Counterfactual Scenarios, with Nathaniel Arnold


Field of Expertise:

Open Economy Macroeconomics

Macro-Financial Issues

IMF Books and Working Papers:

Technological and Economic Decoupling in the Cyber Era , Working Paper No. 2020/257 , November 20, 2020

EU Climate Mitigation Policy , Departmental Paper No.13 , September 16, 2020

Sectoral Policies for Climate Change Mitigation in the EU , Departmental Paper No.20/14 , September 16, 2020

Labor Costs and Corporate Investment in Italy , Working Paper No. 20/38 , February 21, 2020

Identifying Service Market Reform Priorities in Italy , Working Paper No. 20/39 , February 21, 2020

The Measurement of External Accounts , Working Paper No. 19/132 , June 28, 2019

Strengthening the Euro Area : The Role of National Structural Reforms in Building Resilience , Staff Discussion Notes No. 19/05 , June 13, 2019

The External Balance Assessment Methodology: 2018 Update , Working Paper No. 19/65 , March 19, 2019

The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment , Working Paper No. 18/218 , September 28, 2018

Household Wealth and Resilience to Financial Shocks in Italy , Working Paper No. 18/196 , August 31, 2018

The Stabilizing Role of Net Foreign Asset Returns , Working Paper No. 18/79 , April 06, 2018

The Financing of Ideas and the Great Deviation , Working Paper No. 17/176 , July 31, 2017

Publications in Journals (Refereed)

How Destructive is Innovation?, with Chang-Tai Hsieh & Peter Klenow, Econometrica, 87(5), 1507–1541, September 2019

Household Wealth and Resilience to Financial Shocks in Italy, forthcoming at the International Journal of Central Banking

Daniel Garcia-Macia

Daniel Garcia-Macia is an economist in the European Department of the IMF. He holds a Ph.D. in Economics from Stanford University. His research interests are in Macroeconomics, Finance, Economic Growth and Innovation.

Email: DGARCIAMACIA@imf.org

Personal WebPage: sites.google.com/view/garciamacia/

Fluent In: Catalan, French, Spanish.

Education:

Ph.D. in Economics, Stanford University, 2016

M.A. in Economics, Stanford University, 2013

M.Sc. in Economics, Barcelona Graduate School of Economics, 2010

B.A. in Economics, Universitat Pompeu Fabra, 2009


Country work or Mission Assignment:

Italy, euro area, United Kingdom


IMF Career:

Economist, European Department, 2019-...

Economist (EP), European Department, 2017-2018

Economist (EP), Research Department, 2016-2018


Work in progress:

The Financing of Ideas and the Great Deviation, under revision for the Journal of Monetary Economics

Macroprudential Policy with Liquidity Panics, with Alonso Villacorta, under revision for the Review of Financial Studies

Compliance with the Stability and Growth Pact: Counterfactual Scenarios, with Nathaniel Arnold


Field of Expertise:

Open Economy Macroeconomics

Macro-Financial Issues

IMF Books and Working Papers:

Technological and Economic Decoupling in the Cyber Era , Working Paper No. 2020/257 , November 20, 2020

EU Climate Mitigation Policy , Departmental Paper No.13 , September 16, 2020

Sectoral Policies for Climate Change Mitigation in the EU , Departmental Paper No.20/14 , September 16, 2020

Labor Costs and Corporate Investment in Italy , Working Paper No. 20/38 , February 21, 2020

Identifying Service Market Reform Priorities in Italy , Working Paper No. 20/39 , February 21, 2020

The Measurement of External Accounts , Working Paper No. 19/132 , June 28, 2019

Strengthening the Euro Area : The Role of National Structural Reforms in Building Resilience , Staff Discussion Notes No. 19/05 , June 13, 2019

The External Balance Assessment Methodology: 2018 Update , Working Paper No. 19/65 , March 19, 2019

The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment , Working Paper No. 18/218 , September 28, 2018

Household Wealth and Resilience to Financial Shocks in Italy , Working Paper No. 18/196 , August 31, 2018

The Stabilizing Role of Net Foreign Asset Returns , Working Paper No. 18/79 , April 06, 2018

The Financing of Ideas and the Great Deviation , Working Paper No. 17/176 , July 31, 2017

Publications in Journals (Refereed)

How Destructive is Innovation?, with Chang-Tai Hsieh & Peter Klenow, Econometrica, 87(5), 1507–1541, September 2019

Household Wealth and Resilience to Financial Shocks in Italy, forthcoming at the International Journal of Central Banking