Corrado Macchiarelli
Last Updated: December 2, 2025
Corrado Macchiarelli joined the International Monetary Fund through the IMF Mid-Career Program, where he is currently part of the Money and Capital Markets Department. Before, Corrado was Manager for Global Macroeconomics Research at the National Institute of Economic and Social Research (NIESR), an Associate Professor in Finance and Economics at Brunel University in London, and a Visiting Fellow in European Political Economy at the London School of Economics. Between 2015 and 2020, Corrado has been working as a monetary policy expert advising the European Parliament in the context of its Monetary Policy Dialogue with the European Central Bank (ECB). Previously, he was an Economist in the ECB’s Euro Area Macroeconomics Developments Division, a Trainee in the ECB's EU Countries Division and a PhD Intern in the IMF's European Department. Corrado holds a PhD in Economics from the University of Turin-Collegio Carlo Alberto and a Postdoctoral Fellowship from the London School of Economics.
Email: cmacchiarelli@imf.org
Personal WebPage: https://sites.google.com/site/corradomacchiarelli/
Fluent In: French, Italian, Portuguese.
Education:
Postdoctoral Fellowship, London School of Economics and Political Science, 2012 – 14
Ph.D. in Economics, Collegio Carlo Alberto-University of Turin, 2011
RESIDENT FELLOWSHIPS
Visting Scholar Program, Harvard University, Minda de Gunzburg Center for European Studies, 2019
Visiting Fellow Programme, London School of Economics and Political Science, European Institute, 2014 – 2022
Previous Experience:
Manager for Global Macroeconomics Research, National Institute of Economic and Social Research (NIESR), 2021 – 2022
Principal Economist, NIESR, Macroeconomic Modelling and Forecasting, 2020 –2021
Lecturer and Senior Lecturer in Finance and Economics (tenure track), Brunel University London, 2014 – 2020
Monetary Policy Expert, Committee on Economic and Monetary Affairs, European Parliament, 2015 – 2020 (Contract)
Economist, European Central Bank, DG-Economics, 2011 – 2012
ECB Traineeship Program, European Central Bank, DG-Economics, 2010 – 2011
IMF Internship Program, International Monetary Fund, European Department, Summer 2009
Referee Activities:
Journal of Economic Dynamics and Control, Journal of International Economics, European Economic Review, Journal of International Money and Finance, Journal of Financial Econometrics, Journal of Financial Economics, Journal of Financial Stability, Economics Letters, Journal of Common Market Studies, Journal of Economic Interaction and Coordination, Scottish Journal of Political Economy, International Review of Financial Analysis, Open Economies Review, Oxford Bulletin of Economics and Statistics, Economic Modelling, The Quarterly Review of Economics and Finance, Macroeconomic Dynamics, International Review of Economics and Finance, Journal of Economic Asymmetries, Comparative Economic Studies, International Economics, National Institute Economic Review, Journal of Evolutionary Economics, Bulletin of Economic Research, Research and Politics, International Economic Journal, International Economics and Economic Policy, Review of World Economics, IZA Journal of European Labor Studies, Heliyon.
Editorial Activities:
Managing Editor, National Institute Economic Review (Cambridge University Press), 2020 – 2022
Editorial Board, The Economists' Voice (The Gruyter), 2021 – 2022
Awards and Honors:
TYI Award 2021 for 'Finance', Italian Chamber of Commerce and Industry for the UK and Italian Embassy in London
Current Position:
IMF Mid-Career Program, Money and Capital Markets Dept., Global Market Analysis
Chair, IMF Italian Staff Association, as of September 2023
Teaching:
2020 – 2022 Module: Monetary Policy and Risk Premia in NiGEM, National Institute of Economic and Social Research
2019 – 2020 Housing Finance (B.Sc.), Brunel University London
2014 – 2020 Advanced Topics in Macroeconomic Theory (B.Sc.), Brunel University London
2017 – 2019 Money and Banking (B.Sc.), Brunel University London
2016 – 2021 Introduction to Macroeconomics (B.Sc.), New York University, Stern School of Business (London)
2015 – 17 Economic Governance of the EMU (eM.Sc.), London School of Economics and Political Science
Work in progress:
“Making sense of inflation surges: An Inflation-at-Risk with Endogenous Learning” (May 2025), with H. Kraus and S. Malik (IMF)
"Financial frictions and housing collateral constraints in a macro model with heuristics" (Sept 2018), with P. De Grauwe (LSE)
Others:
Part-time Lecturer, New York University, Stern School of Business, 2016 – 2021 (Contract)
Consultant, Sveriges Riksbank, Monetary Policy Dept., Summer 2015 (Contract)
Consultant, European Central Bank, DG-Economics, Euro Area Macroeconomic Developments, 2012 – 2014 (Contract)
Field of Expertise:
Economic Modeling
Monetary Policy
Macro-Financial Issues
International Macroeconomics
International Finance