Jarociński, Marek


  • Senior Economist in Monetary Policy Research Division, DG-Research
  • Secretary of the Editorial Board of the ECB Working Papers Series

Fields of interest:

  • Macroeconomics, Bayesian Econometrics


  • 2006 PhD in Economics, Universitat Pompeu Fabra, Spain
  • 1997 MSc in Economics, KU Leuven, Belgium
  • 1996 BA in Economics, Warsaw University, Poland

Professional experience:

  • 2006-present - ECB, Monetary Policy Research Division, International Policy Analysis Division, Forecasting and Policy Modelling Division (as Principal Economist)
  • 1997-2000 - Researcher, CASE - Center for Social and Economic Research, Warsaw


  • Klaus Liebscher Award (2006) - award from the Central Bank of Austria for the paper Responses to Monetary Policy Shocks in the East and the West of Europe: A Comparison

Teaching experience:

  • (2008-) - Barcelona Graduate School of Economics, Bayesian time series courses in the Master of Macroeconomic Policy and Financial Markets
  • Short courses at the European Central Bank (2009,2010), Goethe University Frankfurt (2012), Deutsche Bundesbank (2013), Barcelona Macroeconometrics Summer School (2013-2015), Central Bank of the Republic of Turkey (2014), Center for Central Banking Studies of the Bank of England (2014), London Business School (2017)
Title Authors Where
Missing disinflation and missing inflation: a VAR perspective Elena Bobeica and Marek Jarociński International Journal of Central Banking (forthcoming)
An inflation-predicting measure of the output gap in the euro area Marek Jarociński and Michele Lenza Journal of Money, Credit and Banking, 2018, 50(6):1189-1224
Monetary-fiscal interactions and the euro area's malaise Marek Jarociński and Bartosz Maćkowiak Journal of International Economics, 2018, 112:251-266
Macroeconomic stabilization, monetary-fiscal interactions, and Europe's monetary union Giancarlo Corsetti, Luca Dedola, Marek Jarociński, Bartosz Maćkowiak, Sebastian Schmidt European Journal of Political Economy, 2018, in press
Granger-causal priority and choice of variables in vector autoregressions Marek Jarociński and Bartosz Maćkowiak Review of Economics and Statistics, 2017, 99(2):319-329
A note on implementing the Durbin and Koopman simulation smoother Marek Jarociński Computational Statistics and Data Analysis, 2015, 91:1-3
Determinants of Economic Growth: Will Data tell? Antonio Ciccone and Marek Jarociński American Economic Journal: Macroeconomics, 2010, 2(4):222-46
Responses to monetary policy shocks in the east and the west of Europe: a comparison Marek Jarociński Journal of Applied Econometrics, 2010, 25(5):833-868
Conditional Forecasts and Uncertainty about Forecast Revisions in Vector Autoregressions Marek Jarociński Economics Letters, 2010, 108(3):257-259
House Prices and the stance of Monetary Policy Marek Jarociński and Frank Smets Federal Reserve Bank of St. Louis Review, July/August 2008, 90(4):339-365