Macro-Structures & DMO
Macro-Structure, DMOs, and Monetary Regimes

How the systemic architecture of financialised capitalism shapes the conduct of monetary policy and the management of sovereign debt.
3 Interlinked Research Areas
1. Macro-Structure
A Conceptualisation of the systemic relations, architectures, and tendencies permeating financialised capitalism.
See Giordano and Pulieri (forthcoming)
2. Debt Management Operations
The study of the political economy of debt management, the existence of DMO "independence", and of the synergies and tensions between DMOs and Central Banks.
See Giordano and Pulieri (forthcoming)
3. Monetary Regime
Moving beyond the macroeconomic analysis of monetary policy by integrating policy decisions within the financial architecture and instruments to understand the postures of Central Banks.
See Giordano and Goghie (2023)
Related: Balance-Sheet Modelling · Eurozone · Defence & Security Economics