Profile

Montserrat Ferre is Associate professor of Economics at Universitat Rovira i Virgili. During the academic year 2009-2010 she was a member of the dean’s office. She holds a Ph.D in Economics from the London Business School (University of London). She also has a Masters degree in Economics from the London School of Economics and a Diploma in European Studies from the College of Europe (Bruges, Belgium).

Montserrat has taught at Universitat de Barcelona, London School of Economics and Boston University (Brussels). She has been a Fulbright Research Scholar at the Andrew Young School of Policy Studies (Georgia State University) during the academic year 2010-2011.

Her research interests focus on fiscal and monetary policy interactions within a monetary union, analysis of central bank interventions in the foreign exchange market and exchange rates’ behavior. She has published in the Journal of Common Market Studies and the Journal of Policy Modeling, among others.

Publications

Articles in journals JCR

• Ferré Carracedo, Montserrat; Manzano Tovar, Carolina (2025): "Fiscal disciplining effect of central bank opacity: Stackelberg versus Nash equilibrium [Comment]", Economics Bulletin ,forthcoming,
• Ferré Carracedo, Montserrat; Macaya, O.; Manzano Tovar, Carolina (2024): "Central bank communication: Inflation target transparency with fiscal policy", Contemporary Economic Policy ,42(4), 642-659
• Ferré Carracedo, Montserrat; Manzano Tovar, Carolina (2022): "The Macroeconomic Impact of Radical Right Populist Parties in Government", Journal of Macroeconomics ,103471,
• Ferré Carracedo, Montserrat; Garcia, J.; Manzano Tovar, Carolina (2021): "The Effects of Corruption in a Monetary Union", Open Economies Review ,32(3), 539-557
• Ferré Carracedo, Montserrat; Manzano Tovar, Carolina (2020): "Independent Central Banks: Low Inflation at no Cost? A Model with Fiscal Policy", International Journal of Central Banking ,16, 233-286
• Ferré Carracedo, Montserrat; García, J.; Manzano Tovar, Carolina (2018): "Tax Efficiency, Seigniorage and Central Bank Conservativeness", Journal of Macroeconomics ,56, 2018-230
• Ferré Carracedo, Montserrat; Manzano Tovar, Carolina (2014): "Rational Partisan Theory with fiscal policy and an independent central bank", Journal of Macroeconomics ,42, 27-37
• Ferré Carracedo, Montserrat; Manzano Tovar, Carolina (2013): “Central Bank Coordinated Intervention: a Microstructure Approach”, European Journal of Finance ,19, 113-126
• Ferré Carracedo, Montserrat (2012): “The effects of uncertainty about countries’ compliance with the Stability and Growth Pact”, Journal of Policy Modeling ,Volume 34, Issue 5, 660–674
• Ramajo, J.; Ferré Carracedo, Montserrat (2010): "Purchasing power parity revisited: evidence from old and new tests for a OCDE panel", Applied Economics ,42(17), 2243-2260
• Ferré Carracedo, Montserrat; Manzano Tovar, Carolina (2009): "When do central banks prefer to intervene secretly?", International Journal of Finance and Economics ,14, 378-393
• Ferré Carracedo, Montserrat (2008): "Fisical policy coordination in the EMU", Journal of Policy Modelling ,30, 221-235
• Ferré Carracedo, Montserrat; García, A.; Ramajo, J. (2006): "Explaining aggregate private saving behaviour: new evidence from panel of OECD countries", Applied Financial Economics Letters ,2, 311-315
• Ferré Carracedo, Montserrat (2005): "Should fiscal authorities co-operate in a monetary union with public deficit targets?", Journal of Common Market Studies ,43 (3), 539-550
• Ferré Carracedo, Montserrat; S. G. Hall (2002): "Foreign exchange market efficiency and cointegration", Applied Financial Economics ,12, 131-139

Articles in journals not indexed in the JCR

• Ferré Carracedo, Montserrat; Manzano Tovar, Carolina (2020): "Macroeconomic Effects of Populist Radical Parties in a Rational Partisan Model", Economics Bulletin ,40, 3211-3218
• Ferré Carracedo, Montserrat; Manzano Tovar, Carolina (2012): ''Designing the optimal conservativeness of the central bank'', Economics Bulletin ,Vol. 32 No. 2, 1461-1473
• Ferré Carracedo, Montserrat; García, A.; Ramajo, J. (2007): "The effects of public expenditure on private consumption: a disaggregated analysis for Spain (1970-1997)", International Economic Journal ,21, 115-131
• Ferré Carracedo, Montserrat (2004): "Multilateral surveillance in the stability and growth pact: an analysis through information sharing", Economics Bulletin ,5(15), 1-7
• Ferré Carracedo, Montserrat (2004): "The Johansen test and the transitivity property", Economics Bulletin ,3 (27), 1-7

Book Chapters

• Ferré Carracedo, Montserrat; Dattels, P. (1997): "Survey of Public Debt Management", Dattels, P.; Blommestein, H.; Sundararajan, P. (eds.) Coordinating Public Debt and Monetary Management ,International Monetary Fund

Projects

Competitive calls

• Title:

  Principal Investigator: Bernd Theilen; Ricardo Flores-Fillol

  Members: Mañé Vernet, Ferran; Ferré Carracedo, Montserrat; Iranzo Sancho, Susana; Aslanidis, Nektarios; Manzano Tovar, Carolina; Vilella Bach, Cori; Llerena Garrés, Francesc; Giménez-Gómez, José-Manuel; jordi.andreu

  Reference: PID2019-105982GB-I00_20201116 Start Year: 2020 End Year: 2023

  Entity: MICINN - Ministerio de Ciencia e Innovación

• Title:

  Principal Investigator: Theilen, Bernd

  Members: Flores-Fillol, Ricardo; Manzano Tovar, Carolina; Sardà Pons, Jordi; Mañé Vernet, Ferran; Llerena Garrés, Francesc; Vilella Bach, Cori; Aslanidis, Nektarios; Ferré Carracedo, Montserrat; Iranzo Sancho, Susana; Pérez Laborda, Alejandro; Flamand, Sabine; Giménez-Gómez, José-Manuel; Osório Costa, Antonio Miguel

  Reference: ECO2016-75410-P Start Year: 2016 End Year: 2019

  Entity: MEYC-Ministerio de Economía y Competividad

• Title: Diseño institucional bajo la influencia de factores políticos

  Principal Investigator: Theilen, Bernd

  Members: Manzano Tovar, Carolina; Mañé Vernet, Ferran; Flores-Fillol, Ricardo; Ferré Carracedo, Montserrat; guiomar.ibanez; judit.garcia; Sardà Pons, Jordi; Iranzo Sancho, Susana; Aslanidis, Nektarios; Pérez Laborda, Alejandro; Olga.Slivko; Helmut Herwartz; Xavier Fageda; Volodymyr Bilotkach

  Reference: ECO2013-42884-P Start Year: 2014 End Year: 2016

  Entity: MEYC - Ministerio de Economía y Competitividad

• Title:

  Principal Investigator: Manzano Tovar, Carolina

  Members: Ferré Carracedo, Montserrat; Llerena Garrés, Francesc; Theilen, Bernd; matthias.dahm; Flores-Fillol, Ricardo; antonio.quesada; Giménez-Gómez, José-Manuel; Osório Costa, Antonio Miguel; Vilella Bach, Cori; judit.garcia

  Reference: 2014SGR631 Start Year: 2014 End Year: 2016

  Entity: AGAUR - Agència de Gestió d'Ajuts Universitaris i de Recerca. Generalitat de Catalunya.

• Title:

  Principal Investigator: matthias.dahm

  Members: Manzano Tovar, Carolina; Ferré Carracedo, Montserrat; Flores-Fillol, Ricardo; danilo.guaitoli

  Reference: ECO2010-19733 Start Year: 2011 End Year: 2014

  Entity: MCIN - Ministerio de Ciencia e Innovación

• Title:

  Principal Investigator: antonio.quesada

  Members: Llerena Garrés, Francesc; Theilen, Bernd; Vilella Bach, Cori; Manzano Tovar, Carolina; danilo.guaitoli; matthias.dahm; Flores-Fillol, Ricardo; mabelmariel.ficosecco; Ferré Carracedo, Montserrat

  Reference: 2009SGR900 Start Year: 2009 End Year: 2013

  Entity: AGAUR - Agència de Gestió d'Ajuts Universitaris i de Recerca. Generalitat de Catalunya.

• Title: Grup de recerca en organització i decisió econòmiques (GRODE)

  Principal Investigator: antonio.quesada

  Members: Llerena Garrés, Francesc; Theilen, Bernd; Vilella Bach, Cori; Manzano Tovar, Carolina; danilo.guaitoli; matthias.dahm; Flores-Fillol, Ricardo; Mabel Ficosecco; Ferré Carracedo, Montserrat

  Reference: 2009SGR900 Start Year: 2009 End Year: 2013

  Entity: Generalitat de Catalunya

• Title: Análisis de la coordinación de políticas fiscales en la Unión Monetaria Europea

  Principal Investigator: Ferré Carracedo, Montserrat

  Members: Julián Ramajo Hernández; Agustín García García

  Reference: SEJ2006-12392 Start Year: 2006 End Year: 2009

  Entity: MEDU - Ministerio de Educación y Ciencia

Curriculum