Michele Lenza
Research
- Division
-
Monetary Policy Research
- Current Position
-
Head of Section
- Fields of interest
-
Mathematical and Quantitative Methods,Macroeconomics and Monetary Economics
- Other current responsibilities
- 2021-
CEPR Research Fellow, Monetary Economics and Fluctuations
- 2017-
Leader of the research coordination group on "Forecasting and Business Cycle Analysis"
- 2014-
Member of the Forecast Steering Committee, European Central Bank
- Education
- 2000-2007
PhD in Economics and Statistics, Université Libre de Bruxelles, Belgium
- 1999-2000
MA in Economics and Statistics, Université Libre de Bruxelles, Belgium
- 1993-1998
BA in Economics, Bocconi University, Italy
- Professional experience
- 2017-
Head of Section - Monetary Policy Research Division, Macroeconomics Section, Directorate General Research, European Central Bank
- 2013-2016
Principal Economist - Monetary Policy Research Division, Directorate General Research, European Central Bank
- 2011-2013
Senior Economist - Monetary Policy Research Division, Directorate General Research, European Central Bank
- 2004-2010
Economist - Econometric Modelling Division, Directorate General Research, European Central Bank
- 2004
Internship - EU countries Division, Directorate General Economics, European Central Bank
- 2003
Internship - Euro area Macroeconomic Developments Division, Directorate General Economics, European Central Bank
- Teaching experience
- 2017-
Professor of Macroeconomics - Monetary Policy, Joint Master in Political Economy Georgetown University (USA)/Université Libre de Bruxelles (Belgium)
- 2014-2016
Professor of Graduate Econometrics 3 - Université Libre de Bruxelles, Belgium
- 2011-2014
Professor of Graduate Macroeconomics 3 - Université Libre de Bruxelles, Belgium
- 2010-2011
Invited lectures, Graduate Econometrics 3; Université Libre de Bruxelles, Belgium
- 2009
Macroeconomic tools and techniques: reduced form and structural models (with A. D'Agostino, D. Giannone and G. Primiceri), Dublin, Central Bank of Ireland
- 2000-2004
Teaching Assistant - Graduate Macroeconomics, Graduate Econometrics, Seminaire d'Econometrie, Université Libre de Bruxelles, Belgium
- 27 April 2021
- 17 September 2020
- 26 August 2020
- 12 August 2020
- 2 July 2020
- 23 August 2019
- 29 January 2019
- 28 January 2019
- 25 January 2019
- 30 October 2018
- 25 June 2018
- Economic Bulletin Issue ,
- 27 February 2018
- 19 September 2016
- 1 July 2016
- 12 September 2014
- 5 August 2014
- 8 August 2013
- 21 November 2012
- 16 November 2012
- 14 January 2011
- 1 October 2010
- 19 February 2009
- 23 February 2008
- 23 February 2008
- 17 December 2007
- 2021
- Journal of EconometricsNowcasting with Large Bayesian Vector Autoregressions
- 2021
- EconometricaEconomic predictions with big data: the illusion of sparsity
- 2020
- Brookings Papers on Economic ActivityWhat's up with the Phillips Curve?
- 2019
- International Journal of ForecastingMind the gap: a multi-country BVAR benchmark for the Eurosystem projections
- 2019
- International Journal of Central BankingMoney, credit, monetary policy and the business cycle in the euro area: what has changed since the crisis?
- 2019
- Journal of the American Statistical AssociationPriors for the long run
- 2018
- Journal of Money, Credit and BankingAn inflation-predicting measure of the output gap in the euro area
- 2017
- Empirical EconomicsThe national segmentation of euro area bank balance sheets during the financial crisis
- 2016
- International Journal of Central BankingThe financial and macroeconomic effects of the OMT announcements
- 2015
- International Journal of ForecastingConditional forecasts and scenario analysis with vector autoregressions for large cross-sections
- 2015
- The Review of Economics and StatisticsPrior selection for vector autoregressions
- 2014
- International Journal of ForecastingShort-term inflation projections: a bayesian vector-autoregressive approach
- 2014
- Advances in EconometricsNowcasting business cycles: a bayesian approach to dynamic heterogeneous factor models
- 2012
- The Economic JournalThe ECB and the interbank market
- 2011
- IMF Economic ReviewMarket Freedom and the Great Recession
- 2011
- Journal of Economics and StatisticsA factor model for euro area short-term inflation analysis
- 2010
- Economic PolicyMonetary Policy in exceptional times
- 2009
- Journal of International Money and FinanceMonetary analysis and monetary policy in the euro area 1999-2006
- 2008
- Journal of European Economic AssociationExplaining the Great Moderation: it's not the shocks!
- 2012
- Interest rates, prices and liquidityNon-standard monetary policy measures and monetary developments
- 2010
- Europe and the EMUBusiness cycles in the euro area
- 2010
- NBER International Seminars On Macroeconomics 2009The Feldstein-Horioka Fact
- 2009
- The euro. The first decadeThe ECB and the bond market. A discussion