De Santis, Roberto A.

Economics
Division
Current position
Senior Lead Economist
Fields of interest
Macroeconomics and Monetary Economics,
International Economics
Education
Professional experience
Awards
ECB Working Paper Series
2020
2019
2017
2016
2015
2014
2013
2012
2009
2008
2007
2006
2005
2004
2003
ECB Occasional Paper Series
ECB Economic Bulletin Article
ECB Economic Bulletin Box
2021
2020
2019
2018
Journal publications
2020
Impact of the Asset Purchase Programme on Euro Area Government Bond Yields using Market News
Economic Modelling, Vol 86, pp. 192-209
Flow effects of central bank asset purchases on sovereign bond prices: Evidence from a natural experiment
Journal of Money, Credit and Banking, Vol. 52 (6), 1467-1491.
2019
Unobservable systematic risk, economic activity and stock market
Journal of Banking and Finance, Vol 97, pp. 51-69
2018
Unobservable country bond premia and fragmentation
Journal of International Money and Finance, Vol. 82, pp. 1-25
Spillovers among sovereign debt markets: Identification through absolute magnitude restrictions
Journal of Applied Econometrics, Vol. 33, pp. 727-747
2015
Financial indicators signalling correlation changes in sovereign bond markets
Journal of Banking and Finance, Vol. 56, pp. 86-102
A non-standard monetary policy shock: the ECB's 3-year LTROs and the shift in credit supply
Journal of International Money and Finance, Vol. 54, pp. 1-34
Quantity theory is alive: The role of international portfolio shifts
Empirical Economics, Vol. 49, pp. 1401-1430
2014
The euro area sovereign debt crisis: Identifying flight-to-liquidity and the spillover mechanisms
Journal of Empirical Finance, Vol. 26, pp. 150-170
2013
Euro area money demand and international portfolio allocation: a contribution to assessing risks to price stability
Journal of International Money and Finance, Vol. 32, pp. 377-404
2012
The minimum economic dividend for joining a currency union
German Economic Review, Vol. 13 (2), pp. 127–141
2010
The geography of international portfolio flows, international CAPM and the role of monetary policy frameworks
International Journal of Central Banking, Vol. 6 (2), pp. 147-197
2009
International portfolio reallocation: Diversification benefits and European monetary union
European Economic Review, Vol. 53, pp. 1010-1027
On the determinants of net international portfolio flows: A global perspective
Journal of International Money and Finance, Vol. 28, pp. 880-901
Cross-border mergers and acquisitions and European integration
Economic Policy, Vol. 24 (57), pp. 55-106
2005
2004
Endogenous market structures and the gains from foreign direct investment
Journal of International Economics, Vol. 64 (2), pp. 545-565
2003
The impact of a customs union with the EU on Turkey’s internal migration under the two alternative Harris-Todaro and ‘wage curve’ settings
Journal of Regional Science, Vol. 43 (2), pp. 349-372
2002
Wage inequality between and within groups: Trade-induced or skill-bias technical change? Alternative AGE models for the UK
Economic Modelling, Vol. 19 (5), pp. 725-746
A computable general equilibrium model for open economies with imperfect competition and product differentiation
Journal of Economic Integration, Vol. 17 (2), pp. 311-338
2001
Trade policies for exporting industries under free entry
German Economic Review, Vol. 2 (4), pp. 327-338
2000
Optimal export taxes, welfare, industry concentration and firm size: a general equilibrium analysis
Review of International Economics, Vol. 8 (2), pp 319-335