Pia Hüttl
Pia Hüttl is an Austrian citizen and joined Bruegel as an Affiliate Fellow in 2015. Her research interests include macroeconomics, financial economics and monetary policy as well as European political economy.
Prior to this, Pia worked as Research Assistant for Bruegel, and as a Trainee in the Monetary Policy Division of the European Central Bank. Also, she worked as a Blue Book Stagiaire in the Monetary policy, Exchange rate policy of the euro area, ERM II and Euro adoption Unit in DG Ecfin of the European Commission.
She holds a Bachelor's degree in European Economics and a Master's degree in International Economics from the University of Rome Tor Vergata. She also obtained a Master's degree in European Political Economy from the London School of Economics, with a thesis on Current Account imbalances in the Euro area and the role of financial integration.
Pia is currently pursuing a PhD in Economics at the Humboldt University in Berlin.
She is fluent in German, Italian and English, and has good notions of French.
Featured work
How to provide liquidity to banks after resolution in Europe’s banking union
Banks deemed to be failing or likely to fail in the banking union are either put into insolvency/liquidation or enter a resolution scheme to protect t
Analysis of development in EU capital flows in the global context
The monitoring and analysis of capital movements is essential for policymakers, given that capital flows can have welfare implications. This report, c
Returns on foreign assets and liabilities: exorbitant privileges and stabilising adjustments
Large stock of foreign assets and liabilities could foster international risk diversification. US, British and Japanese investors earn high yields on
An update: sovereign bond holdings in the euro area – the impact of quantitative easing
Since the European Central Bank’s announcement in January 2015 of its quantitative easing programme, national central banks have been buying governmen
All work
External publication
22 November 2018
How to provide liquidity to banks after resolution in Europe’s banking union
Banks deemed to be failing or likely to fail in the banking union are either put into insolvency/liquidation or enter a resolution scheme to protect t
External publication
15 January 2018
Analysis of development in EU capital flows in the global context
The monitoring and analysis of capital movements is essential for policymakers, given that capital flows can have welfare implications. This report, c
Working paper
29 November 2017
Returns on foreign assets and liabilities: exorbitant privileges and stabilising adjustments
Large stock of foreign assets and liabilities could foster international risk diversification. US, British and Japanese investors earn high yields on
Blog post
10 October 2017
An update: sovereign bond holdings in the euro area – the impact of quantitative easing
Since the European Central Bank’s announcement in January 2015 of its quantitative easing programme, national central banks have been buying governmen
Blog post
22 May 2017
Dial N for NAIRU, or not?
What’s at stake: The concept of the NAIRU (Non-Accelerating Inflation Rate of Unemployment) has recently divided the minds in the economic blogosphere
Blog post
20 March 2017
Alice in gender-gap land
What’s at stake: The International Women’s Day on 8 March drew attention to the gender gap again, both in pay and in employment. Ongoing research on t
Blog post
09 March 2017
An update: Sovereign bond holdings in the euro area – the impact of QE
Since the ECB’s announcement of its QE programme in January 2015, national central banks have been buying government and national agency bonds. In thi
Blog post
13 February 2017
Inflation's comeback
What at stake: After years of deflationary pressures and anaemic economic performance, inflation seems to be on the rise again, both in the US and the
External publication
10 January 2017
Analysis of developments in EU capital flows in the global context (3rd annual report)
The purpose of this report is to provide a comprehensive overview of capital movements in Europe in a global context.
Blog post
05 December 2016
Macroeconomics in the crossfire (again)
What’s at stake: After a first go at macroeconomics and its flaws a year ago, Paul Romer kicked off the debate again with a recent essay on how macroe