Fidora, Michael

Economics

Division

Euro Area External Sector

Current position

Principal Economist

Fields of interest

Macroeconomics and Monetary Economics,
International Economics

Email

michael.fidora@ecb.europa.eu

Education
  • 2000-2004
    Diplom, Economics, Goethe-University Frankfurt
Professional experience
  • 2013-
    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

2019
2012
2010
2008

ECB Economic Bulletin Article

ECB Economic Bulletin Box

Journal publications

2019
Celine Cheng, Michael Fidora, Martin Schmitz
Reducing large net foreign liabilities
Review of International Economics, Vol 27, April 2019
2018
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
2015
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
2013
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
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, Michael Fidora
Global liquidity glut or savings glut – a structural VAR approach
North American Journal of Economics and Finance, Vol. 23, 2012
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.
Thierry Bracke, Matthieu Bussiere, Michael Fidora, Roland Straub
A framework for assessing global imbalances
World Economy, Vol. 33(9), September 2010
2009
Roland Beck, Michael Fidora
Sovereign wealth funds: before and since the crisis
European Business Organisation Law Review, Vol. 10(3), September 2009
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
2008
Roland Beck, Michael Fidora
The impact of sovereign wealth funds on global financial markets
Review of European Economic Policy, Vol. 43(6), December 2008
2007
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