Maddaloni, Angela

Research

Division

Financial Research

Current position

Adviser

Email

angela.maddaloni@ecb.europa.eu

Other current responsibilities
  • Adviser in the Financial Research Division
  • Secretary of the ESCB Macroprudential Research Network (MaRs) , until October 2012
  • Associate Editor, Multinational Finance Journal
Education
  • Ph.D. Finance, Columbia University, New York, USA, 2002
  • M.Phil. Columbia University, New York, USA, 2000
  • Laurea cum Laude in Statistics and Economics, University of Siena, Italy, 1993
Professional experience
  • ECB, 2007-current, Senior/Principal Economist in the Directorate General Research
  • ECB, 2006-2007, Senior Economist in the Directorate Monetary Policy
  • ECB, 2001-2006, Economist in the Directorate Monetary Policy
Teaching experience
  • Columbia University, Graduate School of Business, New York, USA, 2000-2001
Awards
  • Isaak Kerstenetzky Award 2010, Honourable Mention, for the paper "Trusting the bankers: a new look at the credit channel of monetary policy"
  • Columbia University, Graduate School of Business, full tuition fellowship and assistantship, New York, USA, 1995-2000
  • Fellowship from Monte dei Paschi di Siena, visiting scholar at Columbia University, New York, USA 1994-1995

ECB Occasional Paper Series

ECB Working Paper Series

Journal publications

Franklin Allen, Michael Chui, Angela Maddaloni
Financial Systems in Europe, United States and Asia
Oxford Review of Economic Policy,
Philipp Hartmann, Angela Maddaloni, Simone Manganelli
The Euro-area Financial System: Structure, Integration, and Policy Initiatives
Oxford Review of Economic Policy,
Franklin Allen, Michael Chui, Angela Maddaloni
Financial structure and corporate governance in Europe, the US and Asia
Handbook of European Financial Markets and Institutions, edited by X. Freixas, P. Hartmann and C. Mayer, Oxford University Press,
Christoffer Køc Sorensen, Angela Maddaloni
How are euro area financial structures changing
Elements of the euro area: integrating financial markets, edited by J. Berg, M. Grande and F. P. Mongelli, Ashgate,
Report prepared at the request of the Deputies of the Group of Ten
Ageing and pension system reforms: implications for financial markets and economic policies
Financial Markets Trends, OECD,
Angela Maddaloni, José-Luis Peydró
Bank Lending Standards and the Origins and Implications of the Current Banking Crisis
ECB Research Bulletin, No 9, March 2010,
Gabe De Bondt, Angela Maddaloni, José-Luis Peydro and Silvia Scopel
Euro Area Household Credit Growth: Demand or Supply Driven?
Bank- en Financiewezen N°6, 2010,
Matteo Ciccarelli, Angela Maddaloni, José-Luis Peydró
Heterogeneous transmission mechanism: monetary policy and financial fragility in the eurozone
Economic Policy, Volume 28, Issue 75,
Alain Durré, Angela Maddaloni and Francesco Paolo Mongelli
The ECB’s Experience of Monetary Policy in a Financially Fragmented Euro Area
Comparative Economic Studies, Volume 56, Issue 3,
Angela Maddaloni, José-Luis Peydró
Monetary Policy, Macroprudential Policy, and Banking Stability: Evidence from the Euro Area
International Journal of Central Banking, Volume 9, Number 1,
Angela Maddaloni, José-Luis Peydró
Bank risk-taking, securitization, supervision and low interest rates: evidence from US and Euro area lending standards
Review of Financial Studies 2011 24: 2121-2165,
Angela Maddaloni, José-Luis Peydró
Bank Credit Standards, Demand, Pro-cyclicality and the Business Cycle
Moneda y Crédito, 230, 2010,
Angela Maddaloni and José-Luis Peydró
Low Interest Rates, Bank Risk and the Recent Crisis: Evidence from the Euro Area and the U.S. Lending Standards
Evanoff D. (ed.), Federal Reserve Bank of Chicago Conference on Bank Structure and Competition Proceedings, October 2010.,
Matteo Ciccarelli, Angela Maddaloni, José-Luis Peydró
Trusting the Bankers: A New Look at the Credit Channel of Monetary Policy
Review of Economic Dynamics, Vol. 18 Issue 4,