Edoardo Briganti

Senior Economist

Canadian Economic Analysis
  • Bachelor of Science (B.Sc.) in Economics – Bocconi University (2014)
  • Master of Science (M.Sc.) in Economics – Bocconi University (2017)
  • Doctor of Philosophy (Ph.D.) in Economics – University of California, San Diego (2024)

Research Field(s): Macroeconomics Monetary and Fiscal Policy Time Series

Staff research

High-Frequency Cross-Sectional Identification of Military News Shocks

Staff working paper 2025-27 Francesco Amodeo, Edoardo Briganti
We identify and quantify fiscal news shocks, compiling events (2001–2023) that altered the expected path of U.S. defense expenditure. For each event, we estimate market-implied shifts in expected spending. A shift-share analysis yields a two-year, metropolitan statistical area–level GDP multiplier of approximately 1 for U.S. military build-ups.
Content Type(s): Staff research, Staff working papers JEL Code(s): E, E2, E20, E3, E30, E32, E6, E60, E62, E65 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Economic models, Monetary policy, Monetary policy framework and transmission, Real economy and forecasting

Breaking Down the US Employment Multiplier Using Micro­-Level Data

Staff working paper 2025-8 Edoardo Briganti, Holt Dwyer, Ricardo Duque Gabriel, Victor Sellemi
Using newly matched data on US defense contracts and restricted administrative employment data, we show that the employment effects of defense procurement are costly, concentrated and slow to diffuse.
Content Type(s): Staff research, Staff working papers JEL Code(s): E, E6, E62, H, H5, H57, J, J2, J21 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply

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