content here is the anonymously transparent proxied version of ecb.europa.eu   X
Search Options
Home Media Explainers Research & Publications Statistics Monetary Policy The €uro Payments & Markets Careers
Suggestions
Sort by

Michele Lenza

Research

Division

Monetary Policy Research

Current Position

Head of Section

Fields of interest

Mathematical and Quantitative Methods,Macroeconomics and Monetary Economics

Email

michele.lenza@ecb.europa.eu

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 Econometrics
Nowcasting with Large Bayesian Vector Autoregressions
  • Cimadomo
  • J.
  • Giannone
  • D.
  • Lenza
  • M.
  • Monti
  • F. and A. Sokol
2021
Econometrica
Economic predictions with big data: the illusion of sparsity
  • Giannone
  • D.
  • Lenza
  • M. and Primiceri G.
2020
Brookings Papers on Economic Activity
What's up with the Phillips Curve?
  • Del Negro
  • M.
  • Lenza
  • M.
  • Primiceri
  • G. and Tambalotti
  • A.
2019
International Journal of Forecasting
Mind the gap: a multi-country BVAR benchmark for the Eurosystem projections
  • Angelini
  • E.
  • Lalik
  • M.
  • Lenza
  • M. and Paredes
  • J.
2019
International Journal of Central Banking
Money, credit, monetary policy and the business cycle in the euro area: what has changed since the crisis?
  • Giannone
  • D.
  • Lenza
  • M. and Reichlin
  • L.
2019
Journal of the American Statistical Association
Priors for the long run
  • Giannone
  • D.
  • Lenza
  • M. and Primiceri
  • G.
2018
Journal of Money, Credit and Banking
An inflation-predicting measure of the output gap in the euro area
  • Jarocinski
  • M. and Lenza
  • M.
2017
Empirical Economics
The national segmentation of euro area bank balance sheets during the financial crisis
  • Colangelo
  • A.
  • Giannone
  • D.
  • Lenza
  • M.
  • Pill
  • H. and Reichlin
  • L.
2016
International Journal of Central Banking
The financial and macroeconomic effects of the OMT announcements
  • Altavilla
  • C.
  • Giannone
  • D. and Lenza
  • M.
2015
International Journal of Forecasting
Conditional forecasts and scenario analysis with vector autoregressions for large cross-sections
  • Banbura
  • M.
  • Giannone
  • D. and Lenza
  • M.
2015
The Review of Economics and Statistics
Prior selection for vector autoregressions
  • Giannone
  • D.
  • Lenza
  • M. and G. Primiceri
2014
International Journal of Forecasting
Short-term inflation projections: a bayesian vector-autoregressive approach
  • Giannone
  • D.
  • Lenza
  • M.
  • Momferatou
  • D. and Onorante
  • L.
2014
Advances in Econometrics
Nowcasting business cycles: a bayesian approach to dynamic heterogeneous factor models
  • D'Agostino
  • A.
  • Giannone
  • D.
  • Lenza
  • M. and Modugno
  • M.
2012
The Economic Journal
The ECB and the interbank market
  • Giannone
  • D.
  • Lenza
  • M.
  • Pill
  • H. and Reichlin
  • L.
2011
IMF Economic Review
Market Freedom and the Great Recession
  • Giannone
  • D.
  • Lenza
  • M. and Reichlin
  • L.
2011
Journal of Economics and Statistics
A factor model for euro area short-term inflation analysis
  • Lenza
  • M. and Warmedinger
  • T.
2010
Economic Policy
Monetary Policy in exceptional times
  • Lenza
  • M.
  • Pill
  • H. and Reichlin
  • L.
2009
Journal of International Money and Finance
Monetary analysis and monetary policy in the euro area 1999-2006
  • Fischer
  • B.
  • Lenza
  • M.
  • Pill
  • H. and Reichlin
  • L.
2008
Journal of European Economic Association
Explaining the Great Moderation: it's not the shocks!
  • D. Giannone; M. Lenza and L. Reichlin
2012
Interest rates, prices and liquidity
Non-standard monetary policy measures and monetary developments
  • Giannone
  • D.
  • Lenza
  • M.
  • Pill
  • H. and Reichlin
  • L.
2010
Europe and the EMU
Business cycles in the euro area
  • D. Giannone; M. Lenza and L. Reichlin
2010
NBER International Seminars On Macroeconomics 2009
The Feldstein-Horioka Fact
  • Giannone
  • D. and Lenza
  • M.
2009
The euro. The first decade
The ECB and the bond market. A discussion
  • Giannone
  • D.
  • Lenza
  • M. and Reichlin
  • L.