Leonardo Cadamuro
Leonardo Cadamuro

Leonardo Cadamuro

Lecturer in Economics & Finance · CUNEF Universidad, Madrid

I'm an economist and researcher. Most of my work returns to one question: how do central bank interventions and market structure move asset prices? I follow it from ETF markets and the Bank of Japan to financial fragmentation in the Eurozone.

  • Finance
  • Asset Pricing
  • Market Microstructure
  • Monetary Policy
  • ETF
  • Central Banking
  • Eurozone

About

I have been a Lecturer at CUNEF Universidad in Madrid since 2025. Before Madrid I spent two years as a Postdoctoral Fellow at LUISS Guido Carli in Rome and a year as a visiting researcher at the Leibniz Institute SAFE in Frankfurt. I earned my Ph.D. in Economics at Hitotsubashi University, Tokyo, in 2024, and I work with the Bruegel think tank on European economic policy.

Research focus

I keep coming back to ETF markets and the Bank of Japan — how its interventions and ETF Purchase Program changed volatility and pulled private investors into the market. A second line of work looks to Europe: macroeconomic policy and the financial fragmentation that still divides the Eurozone.

Research and CV

Have a look at my publications, working papers and policy writing in the research section — or download the full CV as a PDF.