In this seminar, Ignazio Angeloni presents new statistical indicators of the structure and performance of US banks from 1990 to today, geographically disaggregated at the level of individual counties. The constructed data set (20 indicators for some 3150 counties over 31 years, for a total of about 2 million data points) conveys a detailed picture of how the geography of US banking has evolved in the last three decades. This data is considered as a stepping stone to understand the role banks and banking policies may have played in mitigating, or exacerbating, the rise of poverty and inequality in certain US regions.
Ignazio Angeloni is a research fellow with the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School and a senior policy fellow with the Leibniz Institute for Financial Research SAFE at the Goethe University Frankfurt.
Prior to that he was a member of the supervisory board of the European Central Bank (ECB) and head of the Financial Stability and Macroprudential Policy department of the ECB. In this capacity he coordinated the preparation for establishing the single supervisory mechanism in the ECB.
In his earlier career, he held positions at Italy’s Ministry of Finance, the Bank of Italy and the International Monetary Fund. He holds an undergraduate degree from Bocconi and a Ph.D. in economics from the University of Pennsylvania. He has published extensively in the areas of economics, finance, banking and European integration.