Professor Alberto Montagnoli
Department of Economics
Professor of Finance
+44 114 222 9655
Full contact details
Department of Economics
9 Mappin Street
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.
- Research interests
Alberto’s research interests lie in the area of banking, financial markets and household finance.
A central theme of his work has been the interaction between financial markets, monetary policy and the real economy at both a national, regional and individual level.
Alberto is interested in supervising PhD students in banking, financial markets and household finance.
- Assessing the cyclical behaviour of bank capital buffers in a finance-augmented macro-economy. Journal of International Money and Finance.
- Credit supply shocks and household leverage: evidence from the US banking deregulation. Journal of Financial Stability, 43, 97-115. View this article in WRRO
- Inflation Targeting or Exchange Rate Targeting: Which Framework Supports The Goal of Price Stability in Emerging Market Economies?. PLoS ONE, 13(8). View this article in WRRO
- The Cost of Banking Crises: New Evidence from Life Satisfaction Data. Kyklos, 71(2), 279-309. View this article in WRRO
- Transmission of liquidity shocks: Evidence on cross-border bank ownership linkages. Journal of International Financial Markets, Institutions & Money, 53, 158-178. View this article in WRRO
- Competition and financial constraints: a two-sided story∗. Journal of International Money and Finance, 70, 88-109. View this article in WRRO
- Regional Interest Rate Pass-Through in Italy. Regional Studies, 50(8), 1404-1419. View this article in WRRO
- UK house price convergence clubs and spillovers. Journal of Housing Economics, 30, 50-58. View this article in WRRO
- The Happiness Trade-Off between Unemployment and Inflation. Journal of Money, Credit and Banking, 46(S2), 117-141. View this article in WRRO
- Aggregate and regional house price to earnings ratio dynamics in the UK. Urban Studies, 51(13), 2916-2927. View this article in WRRO
- International Evidence on the New Keynesian Phillips Curve Using Aggregate and Disaggregate Data. Journal of Money, Credit and Banking, 45(5), 913-932.
- Interest Rates and Convergence across Italian Regions. Regional Studies, 46(7), 893-905.
- Asset prices, credit and the business cycle. Economics Letters, 117(3), 857-861.
- Euro Area Inflation Differentials: Unit Roots and Nonlinear Adjustment. JCMS: Journal of Common Market Studies, 49(3), 525-540.
- Mark‐to‐market and house asset valuation. International Journal of Housing Markets and Analysis, 4(2), 172-179.
- Carbon trading thickness and market efficiency. Energy Economics, 32(6), 1331-1336.
- THE TIME-SERIES PROPERTIES OF UK INFLATION: EVIDENCE FROM AGGREGATE AND DISAGGREGATE DATA. Scottish Journal of Political Economy, 57(1), 33-47.
- The European unemployment gap and the role of monetary policy. Economics Bulletin, 30(2), 1346-1358.
- Assessing the impact of the ECB's monetary policy on the stock markets: A sectoral view. Economics Letters, 105(3), 211-213.
- RISK AND UNCERTAINTY IN CENTRAL BANK SIGNALS: AN ANALYSIS OF MONETARY POLICY COMMITTEE MINUTES. Metroeconomica, 60(4), 584-618.
- Monetary policy shocks and stock returns: evidence from the British market. Financial Markets and Portfolio Management, 23(4), 401-410.
- Demographic Change and the Housing Market: Evidence from a Comparison of Scotland and England. Urban Studies, 46(1), 27-43.
- The Regional Transmission of UK Monetary Policy. Regional Studies, 41(6), 797-808.
- OPTIMAL MONETARY POLICY AND ASSET PRICE MISALIGNMENTS. Scottish Journal of Political Economy, 53(5), 636-654.
- Has Monetary Policy Reacted to Asset Price Movements? Evidence from the UK. Ekonomia, 7.
- Dynamics of inflation in Turkey during the 1990s. Applied Economics Letters, 10(10), 647-650.
- Life Satisfaction and Austerity: Expectations and the Macroeconomy. Journal of Behavioral and Experimental Economics.
- Executive pensions and the pay-performance relation. Evidence from changes to pension legislation in the UK. Oxford Economic Papers.
- Teaching activities
Alberto teaches banking and finance at the undergraduate and postgraduate level
- ECN220 Money, Banking and Finance
- ECN6570 Modern Theory of Banking and Finance