Andrea Ferrero is a Professor of Economics in the Department of Economics at the University of Oxford and the Levine Senior Research Fellow in Economics at Trinity College Oxford. He holds a BA in Economics from Bocconi University, an MSc in Economics from Universitat Pompeu Fabra, and a Phd in Economics from New York University. Before joining Oxford in September 2013, Andrea spent seven years in the Research Department at the Federal Reserve Bank of New York, first as an Economist and then as a Senior Economist. He was a visiting scholar at NYU Stern in the Winter/Spring of 2012, at EIEF Rome in the Spring of 2016, and at the Bank of Japan in the Spring of 2018. He also held visiting teaching positions at NYU, IMT Lucca, and IHS Vienna. He is currently an academic consultant for the Bank of England and the Bank of Finland. His research interests are in the areas of Monetary Economics and International Macroeconomics. Among other topics, he has worked on policy options in a currency union, the determinants and implications of global imbalances, and the macroeconomic impact of the Fed unconventional policies. His research has appeared in top professional outlets, including the American Economic Review, the Review of Economic Studies, the Economic Journal, and the Journal of Monetary Economics. His current research focuses on monetary policy and financial frictions in closed and open economy, and on the determinants of low real interest rates.