12000,400,300

LUCREZIA REICHLIN

Full Professor of Economics and chair of the economic department, London Business School.
Co-founder and director, Now-Casting Economics limited. Non executive director, Unicredit Banking Group, AGEAS Insurance Group, Messaggerie Italiane Group. Chair of Scientific Council, Bruegel. Columnist, Corriere della Sera.
Fellow, British Academy, European Economic Association, Center for European Policy Research

Lucrezia Reichlin

Professor of Economics

London Business School
Regent's Park
London, NW1 4SA
United Kingdom

Phone:
+44 (0)20 7000 8435

Email:
lreichlin@london.edu

RESEARCH FOCUS  
My research is in applied time series, business cycle and monetary policy. I have pioneered, with several co-authors, econometric methods for analysing a large number of time series: dynamic factor models, shrinkage methods, Bayesian vector auto-regressions (see Research section on this page). Later on I have used some of these ideas to develop a framework for Now-Casting

My work on monetary policy has focused on documenting monetary analysis at the European Central Bank and, more recently, on understanding the effect of its policies during the crisis. I am also working on the interaction between monetary policy and banks’ behaviour.

What is Now-Casting?

Now-casting is defined as the prediction of the present, the very near future and the very recent past. More broadly we can define it as the exercise of reading, through the lenses of a model, the flow of data releases in real time. The term is a contraction for now and forecasting and has been used for a long-time in meteorology. The first paper which used this term in economics and provided a methodology to implement it is Giannone, Reichlin, and Small, 2008.
 
LATEST NEWS  
Crisi Covid e debito pubblico, lo sguardo lungo che ci serve (published 18th April 2021)27 Apr 2021Corriere della Sera
Lucrezia Reichlin elected as Foreign Honorary Member to American Economic Association27 Apr 2021News
Lucrezia Reichlin to Become Next Chair of ECGI28 May 2020News
Covid-19 Is an Opportunity for Europe (published 10th March 2020)Please click here to read29 Apr 2020Project Syndicate
What The ECB's Strategy Review Must Do (published 31st January 2020)29 Apr 2020Project Syndicate
The Crisis of Central Bank Governance (published 4th October 2019)Please click here to read29 Apr 2020Project Syndicate
ECB Loosening Is Not Enough (published 1st August 2019)Please click here to read29 Apr 2020Project Syndicate
The ECB's Changing of the Guard (published 27th May 2019)Please click here to read29 Apr 2020Project Syndicate
The Eurozone's Real Weakness (published 28th March 2019)Please click here to read29 Apr 2020Project Syndicate
The Threat of a Eurozone Recession (published 31st January 2019)Please click here to read29 Apr 2020Project Syndicate
The Eurozone Economy's Coming Downturn (published 27th November 2018)Please click here to read29 Apr 2020Project Syndicate
Fiscal Freedom in the Eurozone? (published 1st October 2018)Please click here to read29 Apr 2020Project Syndicate
Italy's Turn Against Europe (published 20th July 2018)Please click here to read29 Apr 2020Project Syndicate
Repair and reconstruct: A Recovery Initiative (published 20th April 2020)Please click here to read29 Apr 2020VOX
COVID-19 economic crisis: Europe needs more than one instrument (published 5th April 2020)Please click here to read29 Apr 2020VOX
Fault lines in fiscal-monetary policy coordination (published 26th March 2020)Please click here to read29 Apr 2020VOX
A proposal for a Covid Credit Line (published 21st March 2020)Please click here to read29 Apr 2020VOX
COVID-19: Europe needs a catastrophe relief plan (published 11th March 2020)Please click here to read29 Apr 2020VOX
The inflation puzzle in the euro area – it’s the trend not the cycle! (published 16th October 2019)Please click here to read29 Apr 2020VOX
Helicopter money as a policy option (published 23rd September 2019)Please click here to read29 Apr 2020VOX
The financial origin of the euro area fiscal wound (published 13th September 2019)'Please click here to read'29 Apr 2020VOX
London Business School
Regent's Park
London
NW1 4SA
lreichlin@london.edu
+44 (0)20 7000 8435
Copyright © 2023   Lucrezia Reichlin
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