Welcome

I am a Macroeconomist at the Research Division of the Sveriges Riksbank (the Central Bank of Sweden) and a Research Affiliate at CeMoF (Stockholm University).

I work on consumption theory, the business cycle, labor economics, and monetary economics.

CONTACTS

Email ettore.savoia@riksbank.se

Phone +46 8 787 06 98

Address

Monetary Policy Department, Research Division - Sveriges Riksbank

Brunkebergstorg 11 - SE-103 37, Stockholm, Sweden

NEWS

March 2026. New paper: "Intertemporal Self-insurance and Excess Sensitivity of Affluent Households"

Note: This paper replaces earlier preliminary work based on the first chapter of my PhD dissertation, which circulated under the title “The Safe Non-Hand-to-Mouth.”

March 2026. "Intertemporal MPC and Shock Size" with Tullio Jappelli and Alessandro Sciacchetano is forthcoming at the European Economic Review

December 2025. Revised paper: "HANK Comes of Age: Monetary Policy with Heterogeneous Overlapping Generations" with Bence Bardóczy and Mateo Velásquez-Giraldo.

Note: R&R JPE MACRO

December 2025. Policy paper: "Financial Flows and Exchange Rate Dynamics: Evidence from Sweden" with Katja Artta, Marianne Nessén, and Anders Vredin

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