Davide Porcellacchia

I am Senior Economist at the European Central Bank in the Research Department.

Monetary Policy and Financial Intermediation are my main areas of expertise and interest.

Views on this website are my own. They do not necessarily reflect my employer's.

Download CV 

Working Papers

Under reviewPaperVoxEU

“The Tipping Point: Low Rates and Financial Stability”

Under reviewPaper

“Paying Interest on Reserves to Promote Liquidity”

with A. Leonello, C. Mendicino and E. Panetti| Under reviewPaper

“Savings, Efficiency and the Nature of Bank Runs”

Work in Progress

With K. SheedyDraft available soon

“Monetary Policy Space”

Old papers

IMF Working Paper, February 2016

“Wage-Price Dynamics and Structural Reform in Japan”


Davide Porcellacchia
European Central Bank
Monetary Policy Research Division
Sonnemannstrasse 20
60314 Frankfurt am Main, Germany
Tel: +49 (0)170 2292490