Alessia De Stefani

Last Updated: October 11, 2024

Alessia De Stefani

Alessia De Stefani is an Economist in the Macro-Financial Division of the IMF's Research Department. Prior to joining the IMF, Alessia was a Research Economist at the Danish Central Bank (Danmarks Nationalbank) and an Economist at the OECD. Her research focuses on housing markets and household finance. Alessia holds a PhD from the University of Edinburgh and a MSc in Economics and Social Sciences from Bocconi University.

Email: ADESTEFANI@imf.org

Personal WebPage: https://sites.google.com/site/researchalessiadestefani/home

Fluent In: Italian.

Education:

PhD in Economics, University of Edinburgh, 2017

MSc Economics and Social Sciences, Bocconi University, 2011


Previous Experience:

2020-2023: Economist, Asia and Pacific Department, International Monetary Fund

2017-2020: Research Economist, Danmarks Nationalbank

2016-2017: Economist/Policy Analyst, Organization for Economic Cooperation and Development


Referee Activities:

The Review of Economics and Statistics; Journal of Money Credit and Banking; Journal of Housing Economics; Economic Letters; Scandinavian Journal of Economics; International Journal of Central Banking


Country work or Mission Assignment:

Cambodia (2020-2023)

Lao PDR (2020-2023)

Alessia De Stefani

Alessia De Stefani is an Economist in the Macro-Financial Division of the IMF's Research Department. Prior to joining the IMF, Alessia was a Research Economist at the Danish Central Bank (Danmarks Nationalbank) and an Economist at the OECD. Her research focuses on housing markets and household finance. Alessia holds a PhD from the University of Edinburgh and a MSc in Economics and Social Sciences from Bocconi University.

Email: ADESTEFANI@imf.org

Personal WebPage: https://sites.google.com/site/researchalessiadestefani/home

Fluent In: Italian.

Education:

PhD in Economics, University of Edinburgh, 2017

MSc Economics and Social Sciences, Bocconi University, 2011


Previous Experience:

2020-2023: Economist, Asia and Pacific Department, International Monetary Fund

2017-2020: Research Economist, Danmarks Nationalbank

2016-2017: Economist/Policy Analyst, Organization for Economic Cooperation and Development


Referee Activities:

The Review of Economics and Statistics; Journal of Money Credit and Banking; Journal of Housing Economics; Economic Letters; Scandinavian Journal of Economics; International Journal of Central Banking


Country work or Mission Assignment:

Cambodia (2020-2023)

Lao PDR (2020-2023)

IMF Books and Working Papers:

Accelerating Innovation and Digitalization in Asia to Boost Productivity , Departmental Paper No 2023/001 , January 09, 2023

Household Vulnerability to Income Shocks in Emerging and Developing Asia: the Case of Cambodia, Nepal and Vietnam , Working Paper No. 2022/064 , April 01, 2022

IMF Country Reports

2023- Lao PDR Staff Report

2022- Cambodia Staff Report

2021- Cambodia Staff Report

iMFdirect Blog Posts

Housing is One Reason not all Countries Feel Same Pinch of Higher Interest Rates

Other Published Materials

World Economic Outlook, April 2024, Chapter 2: Feeling the Pinch? Tracing the Effects of Monetary Policy through Housing Markets

Publications in Journals (Refereed)

"Spending Response to a Predictable Increase in Mortgage Repayments: Evidence from Expiring Interest-Only Loans", with Henrik Yde Andersen and Stine Ludvig Bech, The Review of Economics and Statistics, 106 (1), Pages 277-285, 2024

"House Price History, Biased Expectations and Credit Cycles: the Role of Housing Investors" Real Estate Economics, 49: 1238– 1266 , 2021

"Debt, Inequality and House Prices: Explaining the Dynamics of Household Borrowing Prior to the Great Recession" , Journal of Housing Economics, 47: 2020

Publications in Books and Conference Volumes

"Beliefs and Risk Taking", with Kaspar Zimmermann In "Leveraged: The New Economics of Debt and Financial Fragility", Chicago University Press, 2022

Other Published Materials

"The Geography of Firm Dynamics" , OECD Publishing, Paris, 2017