About
Stefania D’Amico is a senior economist and economic advisor in the economic research department at the Federal Reserve Bank of Chicago. D’Amico's research focuses on fixed-income securities modeling and pricing, financial markets impact of large-scale asset purchase programs, monetary policy response to financial shocks and inflation uncertainty and risk premiums.
Before joining the Chicago Fed in 2013, D’Amico was a senior economist at the Board of Governors of the Federal Reserve System in Washington, DC.
D’Amico’s research has been published in the Journal of Financial Economics, the Economic Journal and the Journal of Business and Economic Statistics.
D’Amico received a B.A. from Tor Vergata University (Rome, Italy) and a Ph.D. in economics from Columbia University.
Bank Publications
Chicago Fed Letter
Economic Perspectives
Working papers
Working Papers
Selected External Publications
Journal Articles
With Tomas Breach and Athanasios Orphanides, 2019, “The Term Structure and Inflation Uncertainty,” Journal of Financial Economics, forthcoming.
With Roger Fan and Yuriy Kitsul, 2018, “The Scarcity Value of Treasury Collateral: Repo Market Effects of Security-Specific Supply and Demand Factors," Journal of Financial and Quantitative Analysis, vol. 53, issue 5, pp. 2103-2129.
With Don Kim and Min Wei, 2018, “Tips from TIPS: the Information Content of Treasury Inflation-Protected Security Prices,” Journal of Financial and Quantitative Analysis, vol. 53, issue 1, pp. 395-436.
With Thomas King, 2013, “Flow and Stock Effects of Large-Scale Treasury Purchases: Evidence on the Importance of Local Supply,” Journal of Financial Economics, Vol. 108, No. 2, pp. 425-448.
With William English, David López-Salido, and Edward Nelson, 2012, “The Federal Reserve’s Large-Scale Asset Purchase Programs: Rationale and Effects,” Economic Journal, Vol. 122, No. 564, pp. 415-446.
With Mira Farka, 2011, “The Fed and the Stock Market: An Identification Based on Intraday Futures Data,” Journal of Business and Economic Statistics, Vol. 29, January, pp. 126-137.