Marco Bernardini
Head of Monetary Policy Stance Unit
Banca d'Italia
Welcome to my personal website.
I am the Head of the Monetary Policy Stance Unit in the Economic Outlook and Monetary Policy Directorate of Banca d'Italia. I coordinate a team analysing euro area monetary policy, including its stance, tools, communication, and operational framework.
My research is in empirical macroeconomics and monetary economics, with a focus on monetary policy and fiscal policy.
You can contact me at marco.bernardini [at] bancaditalia.it.
Latest updates
Aug 2026: "A Fisher-consistent measure of real interest rates from inflation fixing swaps" accepted for publication in Economics Letters
Oct 2025: "What drives policy rate expectations? Evidence from the post-pandemic monetary policy cycle" out as Banca d'Italia Working Paper
Disclaimer: The views expressed on this website and in my research are my own and do not necessarily reflect those of Banca d'Italia or the Eurosystem.