Meet the Economists
Dario Caldara
dario.caldara@frb.gov
Education
- Ph.D., Economics, Institute for International Economic Studies, Stockholm University, 2011
- M.Sc., International Economics, Kiel Institute for the World Economy, 2005
- B.A., Economics, Bocconi University, 2004
- Monetary Policy, Oil Prices, Uncertainty
Chief, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2019 - presentPrincipal Economist, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2016 - 2019Senior Economist, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2015 - 2016Economist, Trade and Financial Studies Section
Board of Governors of the Federal Reserve System
2014 - 2015Economist, Macroeconomic and Quantitative Studies Section
Board of Governors of the Federal Reserve System
2011 - 2014
- Caldara, Dario, Matteo Iacoviello, Patrick Molligo, Andrea Prestipino, and Andrea Raffo (2020). "The Economic Effects of Trade Policy Uncertainty," Journal of Monetary Economics, vol. 109, pp. 38-59.
- Caldara, Dario, Michele Cavallo, and Matteo Iacoviello (2019). "Oil Price Elasticities and Oil Price Fluctuations," Journal of Monetary Economics. Volume 103, May 2019, Pages 1-20.
- Arias, Jonas E., Dario Caldara, and Juan F. Rubio-Ramirez (2019). "The Systematic Component of Monetary Policy in SVARs: An Agnostic Identification Procedure," Journal of Monetary Economics, vol. 101, pp. 1-13.
- Caldara, Dario, and Edward Herbst (2019). "Monetary Policy, Real Activity, and Credit Spreads: Evidence from Bayesian Proxy SVARs," American Economic Journal: Macroeconomics, vol. 11, no. 1, pp. 157-192.
- Caldara, Dario, Matteo Iacoviello, Patrick Molligo, Andrea Prestipino, and Andrea Raffo (2019). "Does Trade Policy Uncertainty Affect Global Economic Activity?," FEDS Notes 2019-09-04. Board of Governors of the Federal Reserve System (U.S.).
- Caldara, Dario, and Matteo Iacoviello (2018). "Measuring Geopolitical Risk," International Finance Discussion Papers 1222. Board of Governors of the Federal Reserve System (U.S.).
- Caldara, Dario, and Christophe Kamps (2017). "The Analytics of SVARs: A Unified Framework to Measure Fiscal Multipliers," Review of Economic Studies, vol. 84, no. 3, pp. 1015-1040.
- Caldara, Dario, Cristina Fuentes-Albero, Simon Gilchrist, and Egon Zakrajšek (2016). "The Macroeconomic Impact of Financial and Uncertainty Shocks," European Economic Review, vol. 88, pp. 185-207.
- Caldara, Dario, Richard Harrison, and Anna Lipinska (2014). "Practical Tools for Policy Analysis in DSGE Models with Missing Shocks," Journal of Applied Econometrics, vol. 29, no. 7, pp. 1145-1163.
- Caldara, Dario, Jesus Fernandez-Villaverde, Juan Rubio-Ramirez, and Wen Yao (2012). "Computing DSGE Models with Recursive Preferences and Stochastic Volatility," Review of Economic Dynamics, vol. 15, no. 2, pp. 188-206.
- Caldara, Dario (2011). "Essays on Empirical Macroeconomics," Monograph Series 71. Institute for International Economic Studies.
- Caldara, Dario, and Christophe Kamps (2008). "What are the Effects of Fiscal Shocks? A VAR-Based Comparative Analysis," Working Paper Series 877. European Central Bank.
seminar
November 2016DIW Berlin
seminar
November 2016Universitat Pompeu Fabra
seminar
November 2016Universitat Autonoma Barcelona
seminar
September 2016European Central Bank
conference
September 2016SITE Summer Workshops 2017
seminar
May 2016Oxford University
seminar
May 2016London Business School
seminar
May 2016Bank of England
seminar
April 2016Cornell University
seminar
April 2016Colgate College
seminar
April 2016Emory University
conference
July 2015NBER Summer Institute
conference
June 2015Society for Economic Dynamics - Annual Meeting - Warsaw
seminar
December 2014Duke University
seminar
November 2014University of California, San Diego
seminar
November 2014Federal Reserve Bank of Chicago
seminar
November 2014North Carolina State University
conference
October 2013Workshop on Macroeconomics, Financial Frictions and Asset Prices - Pavia
conference
June 2013Society for Economic Dynamics - Annual Meeting - Seoul
seminar
April 2013Banque de France
seminar
April 2013Swiss National Bank
conference
July 2012Conference on Computing in Economics and Finance -Prague
seminar
March 2012European Central Bank
seminar
March 2012Sverige Riksbank
seminar
March 2012Bank of England
seminar
May 2011Uppsala University
seminar
February 2011Board of Governors of the Federal Reserve System
seminar
February 2011Boston College
seminar
February 2011Universidad Autonoma Barcelona
seminar
February 2011TUFTS
seminar
February 2011Bank of Italy
seminar
February 2011Royal Holloway
seminar
January 2011London School of Economics
seminar
January 2011University College London
seminar
January 2011CREI - Pompeu Fabra
seminar
January 2011Bank of Spain
seminar
January 2011CEMFI
seminar
January 2011University of Warwick
seminar
January 2011Bank of England
seminar
November 2010Sverige Riksbank
seminar
November 2010Stockholm School of Economics
seminar
October 2010Stockholm University
seminar
October 2010University of Pennsylvania
conference
September 2010Oslo Workshop on Monetary and Fiscal Policy
conference
July 2010Society for Economic Dynamics - Annual Meeting - Montreal
conference
July 2010Conference on Computing in Economics and Finance - London
conference
June 2010Conference on Monetary and Fiscal Policy for Macroeconomic Stability - Pavia
conference
June 2009Society for Economic Dynamics - Annual Meeting - Istanbul
seminar
December 2008European Central Bank
conference
August 2006European Economic Association Annual Meeting - Vienna
conference
June 2006Conference on Computing in Economics and Finance - Cyprus
Conference Organization
May 2019 | Board of Governors, Washington DC
Conference on Developments in Empirical Macroeconomics
Organizer
May 2018 | Federal Reserve Bank of New York, NY
Conference on Developments in Empirical Macroeconomics
Organizer
May 2017 | Board of Governors, Washington DC
Conference on Developments in Empirical Monetary Economics
Organizer
September 2014 | Istanbul, Turkey
Advances in Applied Macro-Finance and Forecasting
Member of the Scientific Committee
Editor
- Associate Editor, Journal of Applied Econometrics, January 2020 - present
Referee
- American Economic Review
- Econometrica
- Review of Economic Studies
- Journal of the European Economic Association
- Journal of Monetary Economics
- AEJ: Macroeconomics
- Review of Economic Dynamics
- International Economic Review
- Journal of Money, Credit and Banking
- Journal of Applied Econometrics
- The Economic Journal
- Review of Economics and Statistics
- Quantitative Economics
- Journal of International Economics
- Journal of Forecasting
- Macroeconomic Dynamics
- Economics Letters
- Energy Journal
- The B.E. Journal of Macroeconomics
Professional Affiliation
- Adjunct Professor, Georgetown University, 2018-2019