Musso, Alberto

Monetary Policy


Monetary Analysis

Current position

Lead Economist

Fields of interest

Macroeconomics and Monetary Economics


  • 2005
    PhD in Economics (EUI)
  • 1996
    MA in Economics (University of Manchester)
  • 1994
    Laurea in Economia e Commercio (Universitá di Firenze)
Professional experience
  • 2014-
    Senior Economist/Principal Economist/Lead Economist, Monetary Analysis Division, Directorate General Monetary Policy, European Central Bank
  • 2008-2013
    Senior Economist, Monetary Policy Stance Division, Directorate General Economics, European Central Bank
  • 2000-2007
    Economist/Senior Economist, Euro Area Macroeconomic Developments Division, Directorate General Economics, European Central Bank

ECB Working Paper Series

ECB Occasional Paper Series

ECB Economic Bulletin Article

ECB Economic Bulletin Box

Journal publications

Haroon Mumtaz and Alberto Musso
The evolving impact of global, region-specific and country-specific uncertainty
Journal of Business & Economic Statistics, Forthcoming
Luca Gambetti and Alberto Musso
Loan supply shocks and the business cycle
Journal of Applied Econometrics, vol. 32, June/July 2017, pp. 764–782
Tommaso Proietti and Alberto Musso
Growth accounting for the euro area: a structural approach
Empirical Economics, vol. 43 (1), August 2012, pp. 219-44
Massimiliano Marcellino and Alberto Musso
The reliability of real-time estimates of the euro area output gap
Economic Modelling, vol. 28 (4), July 2011, pp. 1842-56
Alberto Musso, Stefano Neri and Livio Stracca
Housing, consumption and monetary policy: how different are the US and the euro area?
Journal of Banking & Finance, vol. 35 (11), November 2011, pp. 3019-41
Alberto Musso, Livio Stracca and Dick van Dijk
Instability and nonlinearity in the Euro area Phillips curve
International Journal of Central Banking, vol. 5 (2), June 2009, pp. 181-212
Tommaso Proietti, Alberto Musso and Thomas Westermann
Estimating potential output and the output gap for the euro area: a model-based production function approach
Empirical Economics, vol. 33 (1), July 2007, pp. 85-113
Alberto Musso and Steven Phillips
Comparing Projections and Outcomes of IMF-supported Programs
IMF Staff Papers, vol. 49 (1), 2002, pp. 22-48

Other publications

Alberto Musso
Basic characteristics of the euro area business cycle
Growth and Cycle in the Eurozone, G.L. Mazzi and G. Savio (eds), Palgrave McMillan, pp. 275-288.