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Research Interests

Macroeconomic Theory, Fiscal Policy and Debt Management.


Ph.D. from New York University (2005); Network Coordinator of the Euro Area Business Cycle Network (EABCN).

Recent Publications

Published Papers

Equiza-Goni, J., Faraglia, E. and Oikonomou, R. Union Debt Management, Journal of International Money and Finance, vol 130 no. 102747 (2023)
Anagnostopoulos, A., Atesagaoglu, O. E., Faraglia, E. and Giannitsarou, C. Cross-Country Stock Market Comovement: A Macro Perspective, Journal of Monetary Economics, vol 130 (2022) pp. 34-48
Faraglia, E., Marcet, A., Oikonomou, R. and Scott, A. Government Debt management: the Short and the Long of it, Review of Economic Studies, vol 86(6) (2019) pp. 2554–2604
Faraglia, E., Marcet, A., Oikonomou, R. and Scott, A. The impact of debt levels and debt maturity on inflation, The Economic Journal, vol 123(566) (2013) pp. F164-F192
Faraglia, E.,  Marcet, A. and Scott, A. In search of a theory of debt management, Journal of Monetary Economics, vol 57(7) (2010) pp. 821-836

Cambridge Working Papers in Economics

Amano-Patiño, N., Faraglia, E., Giannitsarou, C. and Hasna, Z. The Unequal Effects of Covid-19 on Economists' Research Productivity, (2020) CWPE2038
Anagnostopoulos, A., Atesagaoglu, O., Faraglia, E., Giannitsarou, C. Foreign Direct Investment as a Determinant of Cross-Country Stock Market Comovement, (2019) CWPE1978
Equiza-Goni, J., Faraglia, E., Oikonomou, R. Union Debt Management, (2018) CWPE1890
Faraglia, E., Marcet, A., Oikonomou, R., Scott, A. A Short Note on Optimal Debt Management under Asymmetric Information, (2017) CWPE1761
Faraglia, E., Marcet, A., Oikonomou, R., Scott, A. Long Term Government Bonds, (2016) CWPE1683

Recent Activities

Three successful in Academic Career Pathways
The University of Cambridge Academic Career Pathways scheme recognises and reward outstanding contributions and celebrate academic achievement through promotion and pay progression. This year, all three of the candidates from the Faculty of Economics that were put forward have been successful.
Published on - Friday 16th June 2023

Productivity survey for Project CAPER
The Faculty's Prof. Chryssi Giannitsarou has sent out a survey in Qualtrics Cambridge for her ongoing research project on Covid-19 and academic productivity in economics research. Please do respond if you receive an invite.
Published on - Wednesday 8th June 2022

Academic Gender Gap Widens During Pandemic
In the first weeks of the pandemic, the submission of articles to journals by women, fell dramatically more than their male counterparts.
Published on - Wednesday 21st July 2021

Has the Pandemic Changed Research Culture – and is it for the better?
Times Higher Education has quoted the research by Dr. Amano-Patiño, Dr. Faraglia, Dr. Giannitsarou and Zeina Hasna, into how the COVID-19 pandemic has highlighted the inequalities for women and junior academics.
Published on - Thursday 15th April 2021

Female Researchers and Publications During COVID-19 Podcast
Dr Noriko Amano Patino was interviewed for the Cambridge Centre for International Research’s Ideas & Innovation Talk Series about her joint paper with Elisa Faraglia, Chryssi Giannitsarou and Zeina Hasna titled "The Unequal Effects of Covid-19 on Economists' Research Productivity" which looks at the unequal effects of COVID-19 on research productivity.
Published on - Friday 18th September 2020

Keynes Fund Sponsored Projects

Faraglia, E. and Oikonomou, R., Heterogeneity, Precautionary Savings and Government Debt Management (JHLW)
Amano-Patiño, N., Faraglia, E. and Giannitsarou, C., Covid-19 and Academic Productivity in Economic Research (JHVS)
Crowley, M., Faraglia, E. and Giannitsarou, C., Adapting to Brexit: Foreign Subsidiaries and UK-EU Trade (JHVX)
Giannitsarou, C. and Faraglia, E., Trade and Financial Reallocation: Evidence from Brexit (JHWN)

COVID-19 Economic Research

Special Feature: The Unequal Effects of COVID-19 on Economists' Research Productivity


PIIA Paper 2 - Michaelmas - Intertemporal Macroeconomics
PIIA Paper 2 - Unemployment and Labour Market
MPhil Prep Course - Differential and Difference Equations
Phd21 - Computational Methods

PhD Students


Mar Domenech-Palacios
PhD Title:
Research: International Finance, Macroeconomic Policy, Inequality, Uncertainty and Risk
Lennart Niermann
PhD Title:
Research: Sovereign Default, Financial Contagion, and heterogeneous agent models
Luigi Dante Gaviano
PhD Title:
Research: Sovereign Debt, Firm Dynamics, International Macroeconomics


Niklas Schmitz
PhD Title:
Research: Empirical Macroeconomics

Professor Elisa Faraglia

Professor of Macroeconomics and Finance

Research Group:

CV: Curriculum Vitae

Personal Site:

Contact Details
Room: 45
Office Hours: Mondays at 16.30pm
College: King's College

Women in Economics