Alberto MontagnoliAlberto Montagnoli

Reader in Economics

Room 506
9 Mappin Street
S1 4DT, UK

Tel: (+44) (0)114 222 9655
Fax +44 (0)114 222 3458



Alberto graduated from the University of Padova (Italy) and gained his MSc and PhD from Brunel University. Before joining the University of Sheffield he worked as a lecturer and senior lecturer in banking and finance at the University of Stirling. 


Alberto teaches banking and finance at the undergraduate and postgraduate level

Research summary and PhD student supervision

Alberto’s research interests lie in the area of financial markets and banking. A central theme of his work has been the interaction between financial markets, monetary policy and the real economy at both a national and regional level. Recently his work has focused on various areas of banking, household finance and behavioural finance.

Alberto is interested in supervising PhD students with topics that are in line with the research interests described above.

Selected publications since 2010

'The happiness tradeoff between unemployment and inflation' 2014. (With David G Blanchflower, David N F Bell, Mirko Moro). Journal of Money, Credit and Banking (forthcoming)

'Aggregate and regional house price to earnings ratio dynamics in the UK' (with A Gregoriou and A Kontonikas), Urban Studies (forthcoming)

'Sectoral Inflation Dynamics and the Hybrid New Keynesian Phillips Curve' (with J Byrne and A Kontonikas ), Journal of Money Credit and Banking vol. 45(8), pp. 913-32

'Credit, asset price and the business cycles' (with X Chen and A Kontonikas), 2012, Economics Letters, vol. 117(3), pp. 857–61

'Convergence in interest rates across Italian regions' (with O Napolitano and SC Dow), 2012, Regional Studies, vol. 46(7), pp. 893-905

'Mark-to-Market and House Asset Valuation: An Initial Attempt at Extending the Poterba Model using the Term Structure Of Real Forward Interest Rates' (with E Levin and G Pryce), 2011, International Journal of Housing Market Analysis, vol. 4(2), pp. 172-79

'Euro Area Inflation Differentials: Unit Roots and Non-linear Adjustment' (with A Gregoriou and A Kontonikas), 2011, Journal of Common Market Studies, vol. 49(3), pp. 525-40

'Carbon trading thickness and market efficiency' (with F de Vries), 2010, Energy Economics, vol. 32(6), pp. 1331-36

'The Time Series Properties of UK Inflation: Evidence from Aggregate and Disaggregate Data' (with J Byrne and A Kontonikas), 2010, Scottish Journal of Political Economy, vol. 57(1), pp. 33-47