Elisa Faraglia

Professor of Macroeconomics and Finance, University of Cambridge
Fellow, King's College · Research Fellow, CEPR

ef307 [at] cam.ac.uk

Research

Newest — "Adapting to Brexit: The Response of Corporate Structures to Geopolitical Uncertainty," with M. Crowley, M. Domenech-Palacios, C. Giannitsarou and L. Havemeister, February 2026, CEPR DP 21312.
"Debt Management with Callable Bonds: an Historical and Theoretical Perspective," with M. Ellison, L. Niermann and F. Velde, May 2025.
"Uncertainty and the Dynamics of Foreign Stock Holdings," with C. Giannitsarou, T. Haber and N. Schmitz, May 2024.
"The Unequal Effects of COVID-19 on Economists' Research Productivity," with N. Amano-Patiño, C. Giannitsarou and Z. Hasna, May 2020 — website: Project CAPER.

"Economics Coauthorship in the Aftermath of MeToo," with N. Amano-Patiño and C. Giannitsarou, European Economic Review, vol. 176, art. 105020, July 2025.
"Union Debt Management," with J. Equiza-Goni and R. Oikonomou (online appendix), Journal of International Money and Finance, vol. 132, art. 102747, February 2023.
"Cross-Country Stock Market Comovement: a Macro Perspective," with A. Anagnostopoulos, O. E. Atesagaoglu and C. Giannitsarou, Journal of Monetary Economics, vol. 130, pp. 34–48, September 2022.
"Government Debt Management: the Long and the Short of It," with A. Marcet, R. Oikonomou and A. Scott, The Review of Economic Studies, vol. 86, pp. 2554–2604, November 2019.
"The Impact of Debt Levels and Debt Maturity on Inflation," with A. Marcet, R. Oikonomou and A. Scott, Economic Journal, vol. 123, issue 566, pp. 164–192, February 2013.
"In Search of a Theory of Debt Management," with A. Marcet and A. Scott, Journal of Monetary Economics, vol. 57, issue 7, pp. 821–836, October 2010.
"Monetary Shocks in a Model with Skill Loss," with J. Esteban-Pretel, Journal of Money, Credit and Banking, vol. 42, issue 7, pp. 1235–1265, October 2010.
"Fiscal Insurance and Debt Management in OECD Economies," with A. Marcet and A. Scott, Economic Journal, vol. 118, issue 525, pp. 363–386, March 2008.

"The Establishment of Subsidiaries in the European Union by British Firms," with M. Domenech Palacios and C. Giannitsarou, in UK Regulation After Brexit Revisited, H. Kassim, A. Jordan and S. Ennis (eds.), UK in a Changing Europe, October 2022.
"Who is Doing New Research in the Time of COVID-19? Not the Female Economists," with N. Amano-Patiño, C. Giannitsarou and Z. Hasna, CEPR eBook, in Publishing and Measuring Success in Economics, pp. 137–142, September 2020.
"Debt Management and Optimal Fiscal Policy with Long Bonds," with A. Marcet and A. Scott, BIS Paper Chapters, in Threat of Fiscal Dominance, vol. 65, pp. 177–212, May 2012.

"A Short Note on Optimal Debt Management under Asymmetric Information," with A. Marcet, R. Oikonomou and A. Scott, July 2017.
"Long Term Government Bonds," with A. Marcet, R. Oikonomou and A. Scott, June 2016 — previously circulated as "Modelling Long Bonds: The Case of Optimal Fiscal Policy," CEPR DP 9965.