Ettore Savoia

Short Bio

Ettore earned a Ph.D. in Economics from the Naples School of Economics. His research focuses on consumption theory, business cycles, labor economics, and monetary economics.

Education

2019-2024
Ph.D. in Economics, Naples School of Economics (University of Naples Federico II, Italy)

Publications and R&R

"Intertemporal MPC and Shock Size", with Tullio Jappelli and Alessandro Sciacchetano,
European Economic Review, Volume 186, June 2026.

"HANK Comes of Age: Monetary Policy with Heterogeneous Overlapping Generations",
with Bence Bardóczy and Mateo Velásquez-Giraldo
Second-round R&R at Journal of Political Economy Macroeconomics.

Working Papers

"Intertemporal Self-Insurance and Excess Sensitivity of Affluent Households"

"Do We Need Firm Data to Understand Macroeconomic Dynamics?",
with Michele Lenza.

"The Role of Firm Heterogeneity for the Transmission of Aggregate Shocks",
with Michele Lenza, Lorenza Rossi, and Giuseppe Pagano Giorgianni.

Selected Work in Progress

The Consumption Response to Uncertain Government Transfers: Evidence from a Randomized Experiment
with Dimitris Georgarakos, Tullio Jappelli, and Luigi Pistaferri.

Monetary Transmission with Heterogeneous Unemployment Risk
with Edouard Challe.

Household Heterogeneity and the Collateral Channel of Monetary Policy
with Daria Finocchiaro, Karl Walentin, and Andreas Westermark.

Policy Work

Financial Flows and Exchange Rate Dynamics: Evidence from Sweden
with Katja Artta, Marianne Nessén, and Anders Vredin.