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Giovanni Dell'Ariccia is Deputy Director of the Research Department. Previously he worked in the Asia and Pacific Department. His research interests include: Banking; the Macroeconomics of Credit; Monetary Policy; International Finance; and Conditionality in International Lending and Aid Programs. He is a CEPR Research Fellow.
Email: GDELLARICCIA@imf.org
Fluent In: Italian.
Navigating Trade-Offs between Price and Financial Stability in Times of High Inflation, Staff Discussion Notes No. 2025/003 , April 11, 2025
Flattening the Curve and the Flight of the Rich: Pandemic-Induced Shifts in US and European Housing Markets, Working Paper No. 2023/266 , December 22, 2023
Financial Stress and Economic Activity: Evidence from a New Worldwide Index, Working Paper No. 2023/217 , October 20, 2023
Bank Competition and Household Privacy in a Digital Payment Monopoly, Working Paper No. 2023/121 , June 9, 2023
Debt Mutualization in the Euro Area: A Quantitative Exploration, Working Paper No. 2023/059 , March 17, 2023
Monetary Finance: Do Not Touch, or Handle with Care?, Departmental Paper No 2022/001 , January 13, 2022
Discerning Good from Bad Credit Booms: The Role of Construction, Staff Discussion Notes No. 2020/002 , February 12, 2020
Designing Central Bank Digital Currencies, Working Paper No. 2019/252 , November 18, 2019
The Long Shadow of the Global Financial Crisis: Public Interventions in the Financial Sector, Working Paper No. 2019/164 , July 30, 2019
Casting Light on Central Bank Digital Currencies, Staff Discussion Notes No. 18/08 , November 14, 2018
Managing the Sovereign-Bank Nexus, Departmental Paper No. 2018/016 , September 7, 2018
Revisiting the Economic Case for Fiscal Union in the Euro Area, Departmental Paper No. 2018/003 , February 20, 2018
Trade-offs in Bank Resolution, Staff Discussion Notes No. 2018/002 , February 9, 2018
Bank Lending in the Knowledge Economy, Working Paper No. 2017/234 , November 7, 2017
Supervisory Incentives in a Banking Union, Working Paper No. 2016/186 , September 15, 2016
Benefits and Costs of Bank Capital, Staff Discussion Notes No. 2016/004 , March 3, 2016
Housing Finance and Real-Estate Booms: A Cross-Country Perspective, Staff Discussion Notes No. 2015/012 , June 3, 2015
Monetary Policy in the New Normal, Staff Discussion Notes No. 2014/003 , April 4, 2014
Bailouts and Systemic Insurance, Working Paper No. 2013/233 , November 12, 2013
Bank Leverage and Monetary Policy's Risk-Taking Channel: Evidence from the United States, Working Paper No. 2013/143 , June 6, 2013
Rethinking Macro Policy II: Getting Granular, Staff Discussion Notes No. 2013/003 , April 15, 2013
A Banking Union for the Euro Area, Staff Discussion Notes No. 2013/001 , February 12, 2013
Policies for Macrofinancial Stability: How to Deal with Credit Booms, Staff Discussion Notes No. 2012/006 , June 7, 2012
How to Deal with Real Estate Booms: Lessons from Country Experiences, Working Paper No. 2011/091 , April 1, 2011
Creditless Recoveries, Working Paper No. 2011/058 , March 1, 2011
Policies for Macrofinancial Stability: Options to Deal with Real Estate Booms, Staff Discussion Notes No. 2011/002 , March 1, 2011
Monetary Policy, Leverage, and Bank Risk Taking, Working Paper No. 2010/276 , December 1, 2010
Monetary Policy and Bank Risk-Taking, Staff Position Note No. 2010/009 , July 27, 2010
Rethinking Macroeconomic Policy, Staff Position Note No. 2010/003 , February 12, 2010
Lessons and Policy Implications from the Global Financial Crisis, Working Paper No. 2010/044 , February 1, 2010
Credit Booms and Lending Standards: Evidence From the Subprime Mortgage Market, Working Paper No. 2008/106 , April 1, 2008
The Real Effect of Banking Crises, Working Paper No. 2005/063 , March 1, 2005
Early Birds, Late Risers, and Sleeping Beauties: Bank Credit Growth to the Private Sector in Central and Eastern Europe and in the Balkans, Working Paper No. 2003/213 , November 1, 2003
Budget Support Versus Project Aid, Working Paper No. 2003/088 , April 1, 2003
Moral Hazard and International Crisis Lending: A Test, Working Paper No. 2002/181 , October 1, 2002
Limits of Conditionality in Poverty Reduction Programs, Working Paper No. 2002/115 , July 1, 2002
Competition Among Regulators, Working Paper No. 2001/073 , May 1, 2001
Flight to Quality or to Captivity: Information and Credit Allocation, Working Paper No. 2001/020 , February 1, 2001
Bank Competition and Firm Creation, Working Paper No. 2001/021 , February 1, 2001
Exchange Rate Fluctuations and Trade Flows: Evidence From the European Union, Working Paper No. 1998/107 , August 1, 1998
Asymmetric Information and the Market Structure of the Banking Industry, Working Paper No. 1998/092 , June 1, 1998
Bank Lending and Interest Rate Changes in a Dynamic Matching Model, Working Paper No. 1998/093 , June 1, 1998
