Fidora, Michael

  • 2000-2004
    Diplom, Economics, Goethe-University Frankfurt
Professional experience
  • 2020-2020
    Lead Economist, Directorate General Economics, European Central Bank
  • 2013-2019
    Principal Economist, Directorate General Economics, European Central Bank
  • 2011-2013
    Economist, Directorate General Economics, European Central Bank
  • 2005-2011
    Economist, Directorate General International and European Relations, European Central Bank

ECB Working Paper Series

ECB Occasional Paper Series


ECB Economic Bulletin Article

ECB Economic Bulletin Box

Journal publications

Michael Fidora, Claire Giordano, Martin Schmitz
Real Exchange Rate Misalignments in the Euro Area
Open Economies Review
Celine Cheng, Michael Fidora, Martin Schmitz
Reducing large net foreign liabilities
Review of International Economics, Vol 27, April 2019
Katharina Bergant, Michael Fidora, Martin Schmitz
International capital flows at the security level – evidence from the ECB’s asset purchase programme
ECMI Papers 13926, 2018
Daniel Carvalho, Michael Fidora
Capital inflows and euro area long-term interest rates
Journal of International Money and Finance, Elsevier, vol. 54(C), June 2015
Maarten DeClercq, Michael Fidora, Bernadette Lauro, Cristina Pinheiro, Martin Schmitz
Revisiting the effective exchange rates of the euro
Journal of Economic and Social Measurement, Vol. 38(2), 2013
Thierry Bracke, Michael Fidora
Global liquidity glut or savings glut – a structural VAR approach
North American Journal of Economics and Finance, Vol. 23, 2012
Alexander Chudik, Michael Fidora
How the global perspective can help us identify structural shocks
Dallas Fed Staff Papers, No. 19, December 2012
Thierry Bracke, Matthieu Bussiere, Michael Fidora, Roland Straub
A framework for assessing global imbalances
World Economy, Vol. 33(9), September 2010
Roland Beck, Michael Fidora
Foreign exchange reserves and sovereign wealth funds: will they change the global financial landscape?
Arjan Berkelaar, Joachim Coche and Ken Nyholm (eds.) Central Bank Reserves and Sovereign Wealth Management, Palgrave Macmillan, 2010.
Philipp Engler, Michael Fidora, Christian Thimann
External adjustment and the US current account: how supply-side changes affect an exchange rate adjustment
Review of International Economics, Vol. 17(5), November 2009
Roland Beck, Michael Fidora
Sovereign wealth funds: before and since the crisis
European Business Organisation Law Review, Vol. 10(3), September 2009
Roland Beck, Michael Fidora
The impact of sovereign wealth funds on global financial markets
Review of European Economic Policy, Vol. 43(6), December 2008
Michael Fidora, Marcel Fratzscher, Christian Thimann
Home bias in global bond and equity markets: the role of real exchange rate volatility
Journal of International Money and Finance, Vol. 26(4), June 2007