Events
28 November 2025

Annual Research Workshop 2025 - Microdata for Macroeconomics

The Central Bank of Malta will host its Annual Research Workshop on 28 November 2025, from 09:00 to 15:00 (registration opens at 08:30), at Binja Laparelli in Valletta. The main theme of the Workshop will revolve around the use of microdata for macroeconomic analysis. Chiara Osbat (Adviser at the Monetary Policy Research Division in the Directorate General Research at the European Central Bank) will deliver a keynote speech as part of a lineup of speakers. During this event, the Central Bank of Malta will launch the 2025 edition of its Research Bulletin.

ARW 2025

The Research Bulletin is an annual publication which collects a number of short articles that are meant to showcase, in a concise and approachable manner, some of the Bank's research output. This year's Research Bulletin presents a collection of five research articles that cover: the use of granular data for real-time inflation monitoring and nowcasting, the distributional impacts of fiscal drag, climate-related spillovers to a small open economy, the distributional footprint of monetary policy, and the development of a new supply-side macro model for Malta.

The Workshop is free and open to the public, however, advance registration is required via the  online registration form.

Participants must present an identification document on the day of the event.

Agenda

Programme

Press Release (including link to publication)

Photos

Presentations

Crumbs make a loaf: Using product price data to nowcast food inflation 
Sarah Spiteri, Massimo Giovannini, Umberto Collodel

Fiscal drag in Malta 2017-2025 - A microsimulation analysis
Glenn Abela & Ian Debattista

Conventional monetary policy and wealth fluctuations in Malta
Valentina Antonaroli & Germano Ruisi

A supply-side model of the Maltese economy
Jacopo Zacché

Using old and new micro data to answer macro questions
Chiara Osbat

Short-run spillover effects of climate shocks to small-open economies: An empirical investigation
Theodossios Drossidis

Beat the heat: The role of heat waves and droughts on regional EU economies
Sarah Spiteri, Léonere Lebouteiller, Nicole Vorderobermeier, Mar Delgado-Téllez

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