Daniel Garcia-Macia
Last Updated: December 19, 2023
Daniel Garcia-Macia is an economist in the Fiscal Affairs Department of the IMF. He holds a Ph.D. in Economics from Stanford University. His research interests are in Macroeconomics, Finance, Economic Growth and Innovation.
Email: DGARCIAMACIA@imf.org
Personal WebPage: sites.google.com/view/garciamacia/
Fluent In: Catalan, French, Spanish.
Education:
Ph.D. in Economics, Stanford University, 2016
M.A. in Economics, Stanford University, 2013
M.Sc. in Economics, Barcelona Graduate School of Economics, 2010
B.A. in Economics, Universitat Pompeu Fabra, 2009
Country work or Mission Assignment:
China, Costa Rica, Ethiopia, euro area, Italy, United Kingdom
IMF Career:
Economist, Fiscal Affairs Department, 2021-...
Economist, European Department, 2019-2021
Economist (EP), European Department, 2017-2018
Economist (EP), Research Department, 2016-2018
Work in progress:
The Financing of Ideas and the Great Deviation, under revision for the Journal of Monetary Economics
Tracing Productivity Growth Channels in the UK, with Julia Korosteleva, IMF Working Paper 21/273, Revise and Resubmit at Research Policy
Field of Expertise:
Open Economy Macroeconomics
Macro-Financial Issues
International Macroeconomics
Energy and Environmental Economics
Monetary Policy
Public Finance
IMF Books and Working Papers:
Has the Phillips Curve Become Steeper? , Working Paper No. 2023/100 , May 12, 2023
The Effects of Inflation on Public Finances , Working Paper No. 2023/093 , May 05, 2023
Fiscal Rules and Fiscal Councils: Recent Trends and Performance during the COVID-19 Pandemic , Working Paper No. 2022/011 , January 27, 2022
Tracing Productivity Growth Channels in the UK , Working Paper No. 2021/273 , November 12, 2021
Technological and Economic Decoupling in the Cyber Era , Working Paper No. 2020/257 , November 20, 2020
EU Climate Mitigation Policy , Departmental Paper No.13 , September 16, 2020
Sectoral Policies for Climate Change Mitigation in the EU , Departmental Paper No.20/14 , September 16, 2020
Labor Costs and Corporate Investment in Italy , Working Paper No. 20/38 , February 21, 2020
Identifying Service Market Reform Priorities in Italy , Working Paper No. 20/39 , February 21, 2020
The Measurement of External Accounts , Working Paper No. 19/132 , June 28, 2019
Strengthening the Euro Area : The Role of National Structural Reforms in Building Resilience , Staff Discussion Notes No. 19/05 , June 13, 2019
The External Balance Assessment Methodology: 2018 Update , Working Paper No. 19/65 , March 19, 2019
The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment , Working Paper No. 18/218 , September 28, 2018
Household Wealth and Resilience to Financial Shocks in Italy , Working Paper No. 18/196 , August 31, 2018
The Stabilizing Role of Net Foreign Asset Returns , Working Paper No. 18/79 , April 06, 2018
The Financing of Ideas and the Great Deviation , Working Paper No. 17/176 , July 31, 2017
IMF Country Reports
Costa Rica: Technical Assistance Report - Upgrading the Rule-Based Fiscal Framework
F&D articles
Absent multilateral cooperation, the global digital economy could splinter, and everyone would pay
Publications in Journals (Refereed)
How Destructive is Innovation?, with Chang-Tai Hsieh & Peter Klenow, Econometrica, 87(5), 1507–1541, September 2019
Macroprudential Policy with Liquidity Panics, with Alonso Villacorta, The Review of Financial Studies, 36(5), 2046–2090, May 2023
Household Wealth and Resilience to Financial Shocks in Italy, International Journal of Central Banking, 17(3), 241-272, September 2021
Daniel Garcia-Macia is an economist in the Fiscal Affairs Department of the IMF. He holds a Ph.D. in Economics from Stanford University. His research interests are in Macroeconomics, Finance, Economic Growth and Innovation.
Email: DGARCIAMACIA@imf.org
Personal WebPage: sites.google.com/view/garciamacia/
Fluent In: Catalan, French, Spanish.
Education:
Ph.D. in Economics, Stanford University, 2016
M.A. in Economics, Stanford University, 2013
M.Sc. in Economics, Barcelona Graduate School of Economics, 2010
B.A. in Economics, Universitat Pompeu Fabra, 2009
Country work or Mission Assignment:
China, Costa Rica, Ethiopia, euro area, Italy, United Kingdom
IMF Career:
Economist, Fiscal Affairs Department, 2021-...
Economist, European Department, 2019-2021
Economist (EP), European Department, 2017-2018
Economist (EP), Research Department, 2016-2018
Work in progress:
The Financing of Ideas and the Great Deviation, under revision for the Journal of Monetary Economics
Tracing Productivity Growth Channels in the UK, with Julia Korosteleva, IMF Working Paper 21/273, Revise and Resubmit at Research Policy
Field of Expertise:
Open Economy Macroeconomics
Macro-Financial Issues
International Macroeconomics
Energy and Environmental Economics
Monetary Policy
Public Finance
IMF Books and Working Papers:
Has the Phillips Curve Become Steeper? , Working Paper No. 2023/100 , May 12, 2023
The Effects of Inflation on Public Finances , Working Paper No. 2023/093 , May 05, 2023
Fiscal Rules and Fiscal Councils: Recent Trends and Performance during the COVID-19 Pandemic , Working Paper No. 2022/011 , January 27, 2022
Tracing Productivity Growth Channels in the UK , Working Paper No. 2021/273 , November 12, 2021
Technological and Economic Decoupling in the Cyber Era , Working Paper No. 2020/257 , November 20, 2020
EU Climate Mitigation Policy , Departmental Paper No.13 , September 16, 2020
Sectoral Policies for Climate Change Mitigation in the EU , Departmental Paper No.20/14 , September 16, 2020
Labor Costs and Corporate Investment in Italy , Working Paper No. 20/38 , February 21, 2020
Identifying Service Market Reform Priorities in Italy , Working Paper No. 20/39 , February 21, 2020
The Measurement of External Accounts , Working Paper No. 19/132 , June 28, 2019
Strengthening the Euro Area : The Role of National Structural Reforms in Building Resilience , Staff Discussion Notes No. 19/05 , June 13, 2019
The External Balance Assessment Methodology: 2018 Update , Working Paper No. 19/65 , March 19, 2019
The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment , Working Paper No. 18/218 , September 28, 2018
Household Wealth and Resilience to Financial Shocks in Italy , Working Paper No. 18/196 , August 31, 2018
The Stabilizing Role of Net Foreign Asset Returns , Working Paper No. 18/79 , April 06, 2018
The Financing of Ideas and the Great Deviation , Working Paper No. 17/176 , July 31, 2017
IMF Country Reports
Costa Rica: Technical Assistance Report - Upgrading the Rule-Based Fiscal Framework
F&D articles
Absent multilateral cooperation, the global digital economy could splinter, and everyone would pay
Publications in Journals (Refereed)
How Destructive is Innovation?, with Chang-Tai Hsieh & Peter Klenow, Econometrica, 87(5), 1507–1541, September 2019
Macroprudential Policy with Liquidity Panics, with Alonso Villacorta, The Review of Financial Studies, 36(5), 2046–2090, May 2023
Household Wealth and Resilience to Financial Shocks in Italy, International Journal of Central Banking, 17(3), 241-272, September 2021