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Results: 72

Claudia Olivetti

Economy and Finance area

Competences: family economy, labor economics

Keywords: demographics, family, gender, salary gaps, social standards, technology, workforce

Region: ABROAD


Full Professor at the Boston College Department of Economics, Chestnut Hill, MA (USA)

Professional career

After graduating in Statistics at the University of Rome "La Sapienza" in 1994, she continued her education with a PhD in Economics at the University of Pennsylvania in Philadelphia (USA). Since 2001 she has been Assistant Professor, and from 2008 to the 2015 she was Associate Professor (with tenure) at Boston University in Boston (USA). Since 2015 she has been Full Professor at Boston College (USA). She was Radcliffe Fellow at the Radcliffe Institute of Harvard University from 2005-2006.


Scientific results

The research activity of Claudia Olivetti takes place in the field of labor and family economics, with attention to the interaction between economic development, technology, institutions and social norms in an often historical and comparative perspective.
Her line of research has focused on the role of women in the labor market by analyzing the determinants and consequences of pay gaps, participation in the workforce and career paths. Her most recent work analyzes the intersection between traditional gender norms and economic development in influencing women's educational choices. Another line of research, complementary to the previous ones, studies the role of marriage for intergenerational mobility.

Editorial work and publications

She is the author of numerous publications, including:

(2017) Goldin C, Kerr S, Olivetti C. and Barth E. The Expanding Gender Earnings Gap: Evidence from the LEHD-2000 Census. American Economic Review P&P, 107 (5): 110-114. 

(2017) Olivetti C, Petrangolo B. The Economic Consequences of Family Policies: Lessons From a Century of Legislation in High-Income Countries. Journal of Economic Perspective, 31(1): 205-230.

(2016) Olivetti C, Petrangolo B. The Evolution of the Gender Gap in Industrialized. Annual Review of Economics, 8: 405-434. 
(2016) Albanesi S, Olivetti C. Gender Roles and Medical Progress. Journal of Political Economy,124 (3): 650-695. 
(2015) Paserman D, Olivetti C. In the Name of the Son (and the Daughter): Intergenerational Mobility in the United States, 1850-1940. American Economic Review, 105(8): 2695-2724.
 (2014) Olivetti C. The Female Labor Force and Long-run Development: The American Experience in Comparative Perspective. Chapter 5 in (L. Platt Boustan, C. Frydman and R.A. Margo eds.) Human Capital in History: The American Record, University of Chicago Press.
 (2009) Albanesi S, Olivetti C. Home Production, Market Production, and the Gender Wage Gap: Incentives and Expectations. Review of Economic Dynamics, 12(1): 80–107.
(2008) Olivetti C, Petrangolo B. Unequal Pay or Unequal Employment? A Cross-Country Analysis of Gender Gaps.Journal of Labor Economics, 26(4): 621-654.
(2006) Olivetti C. Changes in Women's Hours of Market Work: The Role of Returns to Experience. Review of Economic Dynamics, 9 (4): 557-587.
 (2004) Fernández  R. Fogli A, Olivetti C. Mothers and Sons: Preference Development and Female Labor Force Dynamics.Quarterly Journal of Economics, 119(4): 1249-1299.

Awards and prizes

Claudia Olivetti is Research Associate of the National Bureau of Economic Research in the groups of Labor Studies and Development of the American Economy and fellow of the Global Labor Organization.

She is Associate Editor of the European Economic Review. She is a member of the Economic History Association's committee, Alice Hansen Jones Prize, which awards the prize for the best North American economic history book every 2 years.

She was invited to hold the Fellows Lecture at the 2017 annual meeting of the Society of Labor Economist (Raleigh Durham USA), and the Keynote Lecture at the Italian conference in Econometrics and Empirical Economics (ICEEE) in the 2013 5th Annual Workshop on "Gender Equality," Bocconi University in 2015.

She received a Radcliffe Institute for Advanced Studies Fellowship, Harvard University in 2005-2006 and won teaching awards including the Gitner Teaching Award, Boston University. His research was funded by the National Science Foundation and the Research Council of Norway.





Monica Paiella

Economy and Finance area

Competences: applied economics, financial economy

Keywords: financial literacy, pension funds

Region: Campania


Full professor of Economics at the University of Naples Parthenope

Professional career

After obtaining a Bachelor of Science in Economics at the New York University Stern School of Business and then a degree in Economics and Commerce at the University of Pavia, she earned a Ph.D. in Economics in 2001 at the University College London.

Her research activity began at the Institute of Fiscal Studies in London which granted her a scholarship from 1996 to 2000 and where she participated in research projects on household consumption, savings and portfolio choices. She continued to study these issues and to analyze their implications for economic policy at the Research Department of the Bank of Italy. In 2007 she moved to the University of Naples as an associate professor and in 2017 was appointed full professor. Since 2017 she has also been a member of the University Board of Directors.

She has been a visiting professor at Columbia University in New York, at the Goethe Universität in Frankfurt, at the Frankfurt School of Finance and at EBS in Wiesbaden.

In addition to this, she has been a consultant at the General Directorate for Macroprudential Policy and Financial Stability of the European Central Bank.

Scientific results

Monica Paiella is an applied economist with a long experience with econometric tools and in data analysis. Most of her work focuses on consumption, saving and investment choices of households and businesses. She contributed to the rationalization of well-known economic puzzles, including the equity premium puzzle and the stock market participation puzzle. She has studied the determinants of savings and debt and of household portfolio choices, taking into account differences in risk attitudes and financial literacy.

She has published in prestigious peer-reviewed journals such as The Review of Financial Studies, the Journal of the European Economic Association and the Journal of Applied Econometrics. Her studies on the equity premium puzzle, the costs of investing in stocks, the measurement of risk aversion and on the wealth effects on consumption are well known and widely cited in the literature.

Her most recent work includes studies on peer-to-peer lending, where she analyzes the liquidity of peer-to-peer markets, their links with the banking sector, and their implications for the European capital market union. In addition to this, as a consultant to the Macroprudential Policy and Financial Stability Division of the European Central Bank, she has contributed to a project on inequality and financial stability.

Currently, she is working on issues related to robo advice, expectation formation mechanisms concerning the prices of financial and real assets, the indebtedness of the elderly, and the implications of shadow banking for financial stability.

Editorial work and publications

She is the author of numerous single-author and co-authored publications from Italian and foreign institutions, including

(2018) Faia E, Paiella M. The Role of FinTech for the Capital Market Union, in Allen F. et al. (eds.), “Capital Market Union and Beyond”, MIT Press.

(2017) Paiella M, Pistaferri L. The Anatomy of the Wealth Effect. The Review of Economics and Statistics 99(4): 710-721.

(2016) Paiella M. Financial Literacy and Subjective Expectations Questions: A Validation Exercise. Research in Economics 70: 360-374.

(2015) Minetti R, Murro P, Paiella M. Ownership Structure, Governance, and Innovation. European Economic Review 80:165-193.

(2014) Paiella M, Tiseno A. Evaluating the Impact on Saving of Tax-Favored Retirement Plans. Journal of Pension Economics and Finance 13(1): 62-87.

(2011) Chiappori PA, Paiella M. Relative Risk Aversion is Constant: Evidence from Panel Data. The Journal of the European Economic Association 9(6):1021-1052.

Attanasio O, Paiella M. Intertemporal Consumption Choices, Transaction Costs and Limited Participation in Financial Markets: Reconciling Data and Theory. Journal of Applied Econometrics 26(2): 322-343.

(2009) The Stock Market, Housing and Consumer Spending: A Survey of the Evidence on Wealth Effects. Journal of Economic Surveys, 23(5): 947-953.

(2008) Guiso LPaiella M. Risk Aversion, Wealth and Background Risk. Journal of the European Economic Association 6(6):1109-1150.

(2007) Paiella M. The Forgone Gains of Incomplete Portfolios. The Review of Financial Studies, 20(5): 1623-1646.

(2006) Guiso L, Paiella M, Visco I. Do Capital Gains Affect Consumption? Estimates of Wealth Effects from Italian Household’s Behavior? in Klein L. (ed.), “Long Run Growth and Short Run Stabilization: Essays in Memory of Albert Ando (1929-2002)”, Elgar publisher.

(2006) Paiella M, D’Alessio G and Cannari L. La Ricchezza delle Famiglie Italiane: Un’Analisi Territoriale in Cannari L. and Panetta F. (eds.), “Il Sistema Finanziario e il Mezzogiorno,” Cacucci Editore.

Awards and prizes

She is a referee for the evaluation of national and international research projects and, from 2011 to 2014, she was a member of the Economics and Statistics panel for the Evaluation of Research Quality in Italy (VQR). She is a member of a number of scientific committees organizing national and international conferences, including the CEPR conferences and workshops of Household Finance, Women in Economics (WinE) of the European Economic Association, and the congresses of the Italian Society of Economists. She is a member of the Scientific Committee of the PhD program in Management, Governance and Economics at her University.

She has been awarded by her University an Excellence in Research Award, a mobility grant and research funds on competitive calls. She received a TMR grant and, in 2017, a grant from the Institut Europlace de Finance-Louis Bachelier LABEX.

Giovanna Paladino

Economy and Finance area

Competences: finance, financial education

Keywords: charity management, corporate finance, exchange rate, gender, monetary policy

Region: Lazio


Head of the Technical Secretariat of the Chairman of Intesa Sanpaolo, Director and Curator of the MdR (Museum of Saving), Board Member of IFFM (International Federation of Finance Museums) and VUB Foundation (SK), Advisory Board Member of SAMA Financial Literacy Center (SAU).

Professional career

She graduated in Economics from “La Sapienza” University in Rome in 1988. She then received a “Diplome” (PhD pass) in International Relations from the Graduate Institute of International and Development Studies in Geneva (CH). In 1992, she worked as an intern at IMF in Washington D.C. and then moved to Rhode Island where she obtained a Master’s degree in Economics from “Brown University”. In 1994, she finished her PhD in Economics at “La Sapienza” University in Rome and obtained a post doc position, as Jeanne Monnet fellow, at the “European University Institute”. From 1998 to 2014, she was adjunct professor in Monetary and Financial Economics at LUISS Guido Carli University. In 1994, she started working in the banking sector as senior economist at the IMI Research Department and later in the Intesa Sanpaolo group where, from 2010, she is the head of the Chairman’s Technical staff. She is the curator and the director of the Museum of Saving, a financial education lab located in Turin and from April 2016, she is also responsible for managing the Intesa Sanpaolo Charity Fund.

Scientific results

She has published several research articles on finance and econometrics, with attention to issues related to the time varying volatility transmission via GARCH approaches. In this domain, she has written papers on commodity prices determination using models able to identify fundamental and speculative components. Recently, the research focus has switched to the effectiveness of the ECB monetary policy, the link between sovereign risk and bank risk-taking (i.e. the bank-sovereign nexus) and the time varying behavior of fundamentalists and chartists in the exchange rate markets. Another strand of her research was centered on corporate finance and regulation. She carried out research, then published on peer reviewed journal, on the value creation of M&As in the banking sector, on the impact of the adoption of internal rating models on the cost of capital and on the relation between leverage and profitability. Adding to her research accomplishment, she established and expanded the outreach of the MdR, the first museum fully dedicated to financial literacy, and succeed to manage the IntesaSanpaolo Charity Fund according to the best international practices. In her project activities “gender gap” has been at the core of various original initiatives for arising the public awareness on the topic.

Editorial work and publications

(2018) Cifarelli G, Paladino G. Can the interaction between a single long-term attractor and heterogeneous trading explain the exchange rate conundrum? Research in International Business and Finance, 46: 313-323

(2016) Cifarelli G, Paladino G. Time-varying mark-up and the ECB monetary policy transmission in a highly non-linear framework. International Review of Economics & Finance, 45:247-262.

(2016) Beltratti A, Paladino G. Basel II and regulatory arbitrage. Evidence from financial crises.Journal of Empirical Finance, 39: 180-196.

(2015) Cifarelli G, Paladino G. A dynamic model of hedging and speculation in the commodity futures markets. Journal of Financial Markets, 25: 1-15.

(2013) Beltratti A, Paladino G. Is M&A different during a crisis? Evidence from the European banking sector. Journal of Banking & Finance, 37: 5394-5405

(2010)  Cifarelli G, Paladino G. Oil price dynamics and speculation: A multivariate financial approach. Energy Economics, 32:363-372.

(2005) Cifarelli G, Paladino G. Volatility linkages across three major equity markets: A financial arbitrage approach. Journal of International Money and Finance, 24:413-439.

Awards and prizes

Giovanna Paladino won several grants and scholarships that fully supported her graduate studies. She got her doctoral degree thanks to the scholarships “Luciano Iona” and the grant from Fondazione Einaudi. The post-doc was supported by the Jean Monnet fellowship of the European Community. In 2003 the Global Finance Association awarded “Volatility Co-movements in Emerging Bond Markets: Is there Segmentation between Geographical Areas?” as best paper in asset pricing.


Barbara Petrongolo

Economy and Finance area

Competences: labor economics

Keywords: family, gender, public policies, work

Region: ABROAD


Full Professor of Economics at the Oxford University.

Professional career

After graduating in Economics and Commerce at the S. Anna High School of the University of Pisa in 1993, she obtained a PhD in Economics from the London School of Economics in 1998. From 1997 to 2001 she was assistant professor at the Carlos III University of Madrid, before returning to LSE in 2001 as a lecturer in Economics. 

From 2010 to 2020 she is a full Professor of Economics at Queen Mary University of London, and from September 2020 at Oxford University.

She is a research associate of the Centre for Economic Performance at the London School of Economics and since 2015 she has directed the CEPR Labor Economics program (Center for Economic Policy Research). 

She has been a visiting scholar at various universities including University of California Berkeley, Paris School of Economics, Toulouse School of Economics, University College London.

Scientific results

Barbara Petrongolo's research activity takes place in the field of labor economics. She has dealt with labor markets with frictions, with applications to labor mobility, the dynamics of the unemployment rate, and the effects of social assistance and territorial development policies. She also works on issues related to gender inequalities in the labor market, studying the factors that have allowed the reduction of these inequalities and the causes of the remaining disparities, with emphasis on the role of the industrial structure, of interactions within family units and social norms.

Editorial work and publications

Barbara Petrongolo is joint managing editor of the Economic Journal and author of numerous publications, including:

(2017) Manning A, Petrongolo B. How local are labor markets? Evidence from a spatial job search model.American Economic Review,107: 2877-2907.

(2017) Ngai R, Petrongolo B. Gender gaps and the rise of the service economy.American Economic Journal: Macroeconomics,9: 1-44.

(2016) Olivetti C, Petrongolo B. The economic consequences of family policies. Drawing lessons from a century of legislation across OECD countries.Journal of Economic Perspectives,31: 205-230.


(2016) Olivetti C, Petrongolo B.The evolution of the gender gap in industrialized countries. Annual Review of Economics,8: 405-434.

(2014) Olivetti C, Petrongolo B.Gender gaps across countries and skills: Demand, supply and the industry structure.Review of Economic Dynamics,17: 842-859.


(2014) Goux D, Maurine E, Petrongolo B.Worktime regulations and spousal labor supply.American Economic Review, 104: 252-276.

(2011) Eckstein Z, Petrongolo B, Ge S. Job and wage mobility con minimum wages and imperfect compliance.Journal of Applied Econometrics, 26: 580-612.

(2009) Olivetti C, Petrongolo B.The long-term effects of job search requirements: Evidence from the UK JSA reform. Journal of Public Economics, 93: 1234-1253.

(2008) Olivetti C, Petrongolo B. Unequal pay or unequal employment? A cross-country analysis of gender gaps.Journal of Labor Economics, 26: 621-654.

(2008) Pissarides C, Petrongolo B The ins and outs of European unemployment. American Economic Review, P&P,98: 256-262

(2008) Coles M, Petrongolo B. A test between stock-flow matching and the random matching function approach.International Economic Review, 49: 1113-1141.

(2005) Petrongolo B. Pissarides C. Scale effects in markets con search.Economic Journal, 116: 21-44.



Paola Profeta

Economy and Finance area

Competences: gender economy, gender policies, pension systems, public economics, public finance, taxation

Keywords: coronavirus, Covid-19: impact on women's work, female employment, female leadership, gender, gender quotas, public policies, taxation

Region: Lombardy


Full professor of Public Economics at Bocconi University, Milan

Professional career

After graduating in Economic and Social Sciences at Bocconi University in 1995, she continues her education with a Ph.D. in Economics at Pompeu Fabra University in Barcelona, completed in 2000, spending two semesters as a visiting scholar at Columbia University in New York. She has been a post-doctoral fellow at CORE, Catholic University of Louvain-la-Neuve, Belgium. From 2001 to 2005 she is researcher in Science of Finance at the University of Pavia and since 2005 she is professor, first associate and then full professor, at Bocconi University, where she directs the Master of Science in Politics and Policy Analysis and the AXA Research Lab on Gender Equality. She is also Research Fellow of CESifo, of CHILD-Collegio Carlo Alberto of Turin and scientific advisor of Unicredit and Universities Foundation. She is currently President of the European Public Choice Society and a member of the Board of Management of the International Institute of Public Finance. She has been visiting professor at several institutions including Harvard Kennedy School, Nuffield College, Oxford University, CESifo Munich, Trinity College Dublin, University of Lugano, Rennes, Edinburgh. 

Scientific results

Her research activity develops in two fields: public economics and gender economics, with a particular attention to the policy implications of pension and taxation systems and of measures which promote female employment and women’s empowerment.

Editorial work and publications

Paola Profeta is author of several publications in prestigious journals of economics and of books, among which:

 (2021) Gender Equality and Public PolicyMeasuring Progress in Europe. Cambridge University Press

(2018) When the state mirrors the family: the design of pension systems (with V. Galasso), Journal of European Economic Association.

(2018) Tax Policy and Economic Growth: Does it Really Matter? (with D. Baiardi, R. Puglisi and S.Scabrosetti) International tax and Public Finance.

(2014) Women Directors. The Italian Way and Beyond (with L. Amidani Aliberti, A. Casarico, M. D’Amico, A. Puccio; lead author), Palgrave MacMillan.

(2014) Gender quotas and the quality of politicians (with A. Baltrunaite, P. Bello, A. Casarico), Journal of Public Economics, 118:62-74. 

(2013) Does Democracy affect taxation and public spending? Evidence from Developing countries (with R. Puglisi and S. Scabrosetti), Journal of Comparative Economics 41: 684-717.

(2012) Public education and Redistribution when Talents are Mismatched (with M. Bernasconi), European Economic Review, 56(1): 84-96.

(2010) The political economy of taxation: lessons from developing countries (with S. Scabrosetti), E. Elgar.

(2007) The Redistributive Design of Social Security Systems (with J.I. Conde Ruiz), The Economic Journal 117: 686-712.

(2004)Lessons for an Aging Society: the Political Sustainability of Social Security Systems (with V. Galasso), Economic Policy 63-115.

(2002) The Political Economy of Social Security: A Survey (with V. Galasso), European Journal of Political Economy 18: 1-29


Awards and prizes

Paola Profeta is responsible of the Dondena Gender initiative, fellow of Carlo F. Dondena Centre for Research on Social Dynamics and Public Policy all'Università Bocconi, of CHILD at Collegio Carlo Alberto of Turin and CESifo of Munich. She has been invited as keynote speaker at several conferences, such as Alp-Pop 2018, the international conference 2017 “From parents to children” Francisco Manuel dos Santos Foundation, Lisbon, the international conference in memory of Valeria Solesin at Ca’ Foscari, the conference “Inefficient Inequality” of Intereconomics/CEPS a Bruxelles, the conference “Trust and Taxation” of UCSIA- Anvers and numerous conferences in Italy and in Europe on the topic of board gender quotas and gender quotas in politics. She is member of the editorial board of European Journal of Political Economyand CESifo Economic Studies. Her research was funded by the European Commission – DG Justice and DG Emploment, private foundations (FBBVA, Ramon Areces), universities and research centers (Sandell, Netspar). She was awarded the SIEP 3002 prize and the 2018 research impact award of Bocconi University. She was invited for hearing at the Council of Europe, the European Parliament, the Italian Parliament. She organized several international workshops on the topic of equal opportunities between men and women and women’s empwoerment. On the same topic she is active in the national and international debate. She writes on Il Sole 24 Oreand collaborates with Corriere della Sera and La 27esima Ora.

In September 2021 she is  named among the 50 most inspiring Italian women in the world of technology with the award InspiringFifty for Italy.


Chiara Daniela Pronzato

Economy and Finance area

Competences: demographics, family economy, political economy, public policies evaluation

Keywords: childcare services, children cognitive and non-cognitive development, coronavirus, Covid-19: impact of school closures and activities on children, gender, intergenerational transmission, parental separation

Region: Piedmont


Associate Professor of Demography at the University of Turin (Italy) and Collegio Carlo Alberto Affiliate.

Professional career

She studied Statistics at the University of Turin and then moved to ISER, University of Essex, where she earned a Phd in Economics. In 2008, she was back to Italy with a post-doc position at Dondena, Bocconi University. In 2011, she received the UWIN (Unicredit Women’s International Network) Best Paper Award on topics related to “Economic Consequences of Gender Equality in Europe”.

Scientific results

Her main research interests are in the fields of economics of the family, demography, and policy evaluation methods. In recent years, she has received grants to study children’s time use and to carry out policy evaluation of educational programs.  

Her research appears in the Economic Journal, in the Journal of Population Economics, in the European Journal of Population, in Review of Economics of the Household, in Oxford Economic Papers, and in Regional Studies.

Roberta Rabellotti

Economy and Finance area

Competences: development economy, innovation economy

Keywords: China, emerging countries, industrialization, multinationls

Region: Lombardy


Professor of Economics - Department of Political and Social Science, Università di Pavia and Assigned Professor at the University of Aalborg, Denmark.


Professional career

She has a laurea in Economics at Bocconi University, a Master Degree in Development Economics at the University of Oxford and a Doctor of Philosophy at the Institute of Development Studies, University of Sussex.

She held a lecturer position in the Università di Padova and she was Associate Professor at the Università del Piemonte Orientale.

She was visiting fellow at the University of Singapore, JETRO-Institute of Developing Economies, Duke University, Northeastern University, Manchester University, Tsinghua University, Universidad Autonoma de Mexico, Universidad Autonoma Metropolitana de Mexico.

She has working experience as consultant for OECD, UE, IADB, ITC, UNCTAD, UNIDO, ILO, FMI, CEPAL.

Scientific results

Her research focuses on development economics, regional economics and innovation. She has studied clusters and small enterprises in developing countries. Furthermore, she has researched how the involvement in Global Value Chains can facilitate the entry of firms from developing countries in global markets. More recently, the focus of her research is on multinationals from emerging countries, such as China and India, investing in advanced countries and on how these investments contribute to the building of an autonomous innovation capability in these countries.

Editorial work and publications

(2019) Amendolagine V., Giuliani E., Martinelli A., Rabellotti R., Chinese and Indian MNEs shopping spree in advanced countries. How good is for their innovative output?, Journal of Economic Geography, 18(5): 1149-1176.


(2011) Pietrobelli C, Rabellotti R. Global Value Chains Meet Innovation Systems: Are There Learning Opportunities for Developing Countries? World Development 9(7):1261-1269.

(2010) Cusmano L, Morrison A, Rabellotti R. Catching-up Trajectories in the Wine Sector: A Comparative Study of Chile, Italy and South Africa. World Development 38 (11):1588-1602.

(2010) Giuliani E, Morrison A, Pietrobelli C, Rabellotti R. Why do researchers collaborate with industry? An analysis of the wine sector in Chile, Italy and South Africa. Research Policy, 39(6): 748-761.

(2207) Pietrobelli C, Rabellotti R (ed.). Upgrading to Compete: SMEs, Clusters and Value Chains in Latin America, Cambridge Mass.: Harvard University Press.


Lucrezia Reichlin

Economy and Finance area

Competences: banks, econometrics, finance, macroeconomics, monetary policy

Keywords: business cycle, monetary policy, previsions

Region: ABROAD


Full Professor of Economics at the London Business School, Non-executive Director of Unicredit Banking Group, Ageas Insurance Group (member of the Risk committee), Eurobank Ergasias SA (chairman nomination committee, chair remuneration committee), Messaggerie Italiane Group, Chairman and co-founder Now-Casting Economics limited, Trustee of the International Financial Reporting Standards Foundation.

Professional career

After obtaining a degree in Economics from the University of Modena in 1980, she continued her education with a PhD in Economics from the New York Iniversity (USA). She held various academic roles. In sequence: European University Institute, Florence, Observatoire des Conjonctures Economiques of the Institut d’Etudes Politiques of Paris, Columbia University Graduate School of Business, New York. From 1994 to 2004 she was professor of economics at the Université Libre de Bruxelles. In 2005 she was appointed general manager of research at the European Central Bank (ECB) where she headed the monetary policy, financial markets and economic forecasting divisions. After four years at the ECB she returned to the academy as Full Professor of Economics at the London Business School. Since 2009 she has been a member of the board of directors of Unicredit, since 20013 of the Board of Ageas Insurance Group and since 2016 of Eurobank Ergesias where she was also chair of the remuneration and nomination committees. In 2011 she founded the forecasting company No-Casting Economics in London and became its President. Since 2018 she has been appointed Trustee of the Foundation of the International Financial Reporting Standards.

Scientific results

Reichlin is considered the most influential European woman economist being ranked by Repec / Ideas (the site used by the profession for the international ranking) number one in Europe and number thirteen in the world for impact of its research and publications (2017 data). Her main academic contributions are in the fields of econometrics, monetary policy and business cycle analysis. On these issues she has published in numerous international journals. She was elected "Fellow" of the most prestigious international academic institutions: Econometric Society, British Academy, Academia Europaea, European Economic Association, Center for European Economic Research. She received the Birgit Grodal award from the European Economic Association for excellence in women's economic careers in Europe and other awards (see CV).

Her research leadership is also demonstrated by the various roles she holds in international research institutions. Some of her many present and past roles: Trustee Center of European Economic Policy Research, Board Member, Italian Institute of Technology (IIT), Board Member, International Center for Monetary and Banking Studies Geneva, Chair, Scientific Council, Bruegel, Brussels ( 2013-2016), Scientific director (2011-2013) and Program co-director, International Macroeconomics (1999-2004) of the Center of Economic Policy Research, Founder of the Euro Area Business Cycle Network.

Reichlin has been at the top of one of the most important central banks in the world for five years (see above) and has almost ten years of experience as a non-executive director in international banking and insurance groups. She is the author of influential international relations on debt issues, the economic reform of the single European currency government and various publications on monetary policy and financial crises. She is regularly called upon to contribute speeches at major international conferences on these topics: Federal Reserve including the annual Jackson Hole assembly, European Central Bank including the annual Sintra assembly and generally central banks of both developed and emerging world as well as Fund International Monetary and Organization of Economic and Development.

In 2011 Reichlin founded the company Now-Casting Economics ltd in London which is a spin-off of her research on forecasting methods based on real-time analysis of a large amount of data. The methodology, innovative from the research point of view, provides a web-based service to financial investors and is powered by a completely automatic procedure. Reichlin is the President of the company.
Finally, she has a long experience in consulting economic policy and organizing research in economic policy institutions. For example, she was a member of the Commission Economique de la Nation, (advisory board of the ministries of finance and economics of France, 2014-2016), she was a member of the research evaluation committee Banque de France and of the central banks of Spain and Sweden. She was a member of the council on the euro crisis of the Institute for New Economic Thinking in New York and a consultant to the Federal Reserve Board in Washington. She is an "academic advisor" to the Institute of Global Affairs, the Laby Global Policy of the London School of Economics.

Editorial work and publications

Lucrezia Riechlin is a columnist for Corriere della Sera and Project Syndicate. She occasionally writes comments for the Financial Times. She has numerous publications to her credit, including, in the academic field:

(2016) Giannoni D, Monti F, Reichlin L. Exploiting the Monthly Data Flow in Structural, Journal of Monetary Economics.


(2012) Giannone D, Doz C, Reichlin L. A maximum likelihood approach to dynamic factor analysis in large panels, Review of Economics and Statistics.

(2010) Lenza M, Oill H, Reichlin L. Monetary policy in exceptional times, Economic Policy, 62:295-339.

(2009) Forni M, Giannone D, Lippi M, Reichlin L. Opening the black box: the econometrics of structural factor models. Econometric Theory.

(2008) Giannone D, Reichlin L, Small D. Nowcasting GDP and inflation: the real time informational content of macroeconomic data releases. Journal of Monetary Economics.

(2008) De Mol C, Giannone D, Reichlin L.  Forecasting with a large number of predictors: is Bayesian shrinkage a valid alternative to principal components? Journal of Econometrics.

(2005) Forni M, Hallin M, Lippi M, Reichlin L. The generalised dynamic factor model: one sided estimation and forecasting. Journal of the American Statistical Association,100, 471:830-840.

(2000) Forni M, Hallin M, Lippi M, Reichlin L. The generalised dynamic factor model: identification and estimation. The Review of Economics and Statistics, 82, 4: 540-554.

(1998) Forni M, Reichlin L. Let’s get real: a factor analytical approach to disaggregated business cycle dynamics. Review of Economic Studies,65, 3:453-73.

(1995) Lippi M, Reichlin L. Diffusion of technical change and the decomposition of output into trend and cycle. Review of Economic Studies,61, 1:19-30.

Awards and prizes

In 2015 she was nominated by the President of the Republic as "Grand Officer" of the "Star of Italy", in 2017 she was nominated among the 100 Italian Excellencies and received the "Premiolino" award for her editorials for the Corriere della Sera in 2013.


Alessandra Ricci

Economy and Finance area

Competences: corporate finance

Keywords: companies, export, internationalization

Region: Lazio


Head of the Italian Guarantee Programme and Green New Deal at SACE

Professional career

After graduating cum laude in 1994 with a degree in Business and Economics from the LUISS University in Rome, in 1995 Ricci joined the project finance team at Mediocredito Centrale (Unicredit Group) as an Associate Director. She held senior positions in structuring/arranging and advisory roles for project finance and export finance transactions in both the emerging markets and in Italy in the petrochemicals and oil & gas sectors.

In September 2005 she joined SACE Spa as a Senior Manager in the Structured Finance division. She held positions with ever-increasing responsibility within the company, control of which was transferred from the Ministry for the Economy and Finance to Cassa Depositi e Prestiti, including:

- Head of Steel & Petrochemicals Department (2007-2009);

- Deputy Head of Export and Structured Finance Division (2009 – 2011);

- Head of the Operations Management Division (2011-2012)

- Head of Corporate and Investment Finance (2012-2014);

- Chief Business Officer (2014-2017)

- Chief Underwriting Officer (Apr-Oct 2017): in this senior position, six division heads reported directly to her (Competence Line/Underwriting, Administration, Claims, Recoveries, Marketing, Commercial Planning, Business Innovation). She established guidelines for all SACE Group companies in the areas of marketing and commercial and distribution planning, handled the development of the product portfolio and processes for taking on and managing medium/long-term business and the development of digital business. 

She is currently Head of the Italian Guarantee Programme and Green New Deal.

From October 2017 to April 2020 Ricci was appointed Chief Executive Officer of the subsidiary SIMEST Spa, a company that together with SACE forms the Italian export and internationalisation hub, which offers the entire range of instruments to support Italian companies interested in competing and expanding internationally, including equity investments in EU and non-EU investment projects.

She is currently Head of SACE's Guarantee Italy and Green New Deal Programme, and a member of the Board of Directors of SACE FCT and - during his time at SACE - has also held the same role at SACE BT.

Scientific results

Alessandra Ricci is a top manager operating in the areas of corporate finance and equity investment connected with the internationalisation of firms. An expert in project finance and structured finance, she has contributed to the structuring of major transactions at the international and domestic levels, covering a large range of industries – from the energy sector to infrastructure, commodities, and oil & gas – and in various regions around the world (EMEA, LATAM, Pacific).

Over the course of her professional career, her activities have included developing forms of non-bank finance and participating in the establishment of private debt funds. Alongside her corporate finance activities, she has also been involved in a variety of major projects, including work focusing on business innovation to enhance internal corporate processes and the customer experience.

Lucia Rizzica

Economy and Finance area

Competences: labor economics, microeconomics

Keywords: criminality, education, immigration, work

Region: Lazio


Economist at the Bank of Italy, DG Economics and Statistics, Economic Structure Service, Law and Economics Division


Professional career

Lucia Rizzica graduated in Economics and Social Sciences at Bocconi University in 2007, under the supervision of prof. Eliana La Ferrara. In the same year she held an internship period at the European Commission, DG Development, in Brussels. In 2014 she obtained a PhD in Economics from the University College London. Since 2012 she has been working as Economist at the DG Economics and Statistics of the Bank of Italy.

Scientific results

Her research interests lie in the area of applied microeconomics. In particular, her research has focused on the effects that high skilled migration may have on the sending country, on labour economics topics, specifically female labour supply and public employment, and on human capital accumulation policies, with particular attention to access to tertiary education.

Furthermore, in recent years, she has developed some research projects aimed at measuring the entity and estimating the impact of criminal activity on the Italian economy, focusing especially on organized crime and on corruption.

Editorial work and publications

Lucia Rizzica published the following articles on refereed journals:

(2019 – forthcoming) Rizzica, L. Raising Aspirations and Higher Education. Evidence from the UK’s Widening Participation Policy. Journal of Labor Economics.

(2018) Carta F., Rizzica L. Early Kindergarten, maternal labor supply and children’s outcomes: evidence from Italy. Journal of Public Economics,58: 79–102.

(2018) Rizzica L. When the cat’s away…the effect of spousal migration on investments on children.The World Bank Economic Review. Volume 32, Issue 1.

(2008) Rizzica L. The Impact of Skilled Migration on the Sending Country: Evidence from African Medical Brain Drain. Rivista di Politica Economica, vol. 98(6).

She also published the following articles on the Bank of Italy’s working paper series:

(2018) Giorgiantonio C., Rizzica L. Il lavoro nella gig economy.Evidenze dal mercato del food delivery.Occasional Papers 472, Bank of Italy, Economic Research and International Relations Area.

(2018) Rizzica, L. Raising Aspirations and Higher Education. Evidence from the UK’s Widening Participation Policy.Economic working papers 1043, Bank of Italy, Economic Research and International Relations Area.

(2016) Rizzica L. Why go public? A study on the individual determinants of public sector employment choice. Occasional Papers 343, Bank of Italy, Economic Research and International Relations Area.

(2016) Giorgiantonio C., Orlando T., Palumbo G., Rizzica L. Incentivi e selezione nel pubblico impiego.Occasional Papers 342, Bank of Italy, Economic Research and International Relations Area.

(2016) Occhilupo R., Rizzica L. Incentivi e valutazione dei dirigenti pubblici. Occasional Papers 310, Bank of Italy, Economic Research and International Relations Area.

(2015) Rizzica L., The use of fixed term contracts and the (adverse) selection of public sector workers.Economic working papers 1041, Bank of Italy, Economic Research and International Relations Area.

(2015) Rizzica L., Tonello M. Exposure to media and corruption perceptions. Economic working papers 1043, Bank of Italy, Economic Research and International Relations Area.

(2014) Cassetta A., Pauselli C., Rizzica L., Tonello M. Exploring flows to tax havens through means of a gravity model: evidence from Italy.Occasional Papers 236, Bank of Italy, Economic Research and International Relations Area.

(2013) Rizzica L. Home or away? Gender differences in the effects of an expansion of tertiary education supply.Occasional Papers 181, Bank of Italy, Economic Research and International Relations Area.

Awards and prizes

During her studies at Bocconi University, Lucia Rizzica received the Bocconi Graduate Merit Awards. With her Master thesis “Doctors on the move: an empirical study on the African Medical Brain Drain”, she won the Angelo Costa award, financed by Confindustria, and the Fausto Vicarelli prize, promoted by the Einaudi Institute of Economics and Finance.During her doctoral studies, she first received a scholarship from the Centro Studi Luca d'Agliano, then the “B. Stringher scholarship” of the Bank of Italy and, finally, the “W.M. Gorman” scholarship by the Univeristy College of London.  In 2015, with the article “Early Kindergarten, maternal labor supply and children’s outcomes: evidence from Italy”, joint with Francesca Carta, she won the "Etta Chiuri" prize, promoted by the Italian Society of Public Economics (SIEP) and the International Institute of Public Finance (IIPF) Young Economist Award. In the same year, with Marco Tonello, she received the Giorgio Rota Prize of the Einaudi Institute, for the paper “Persuadable Perceptions: media exposure and corruption measures”.


Lorenza Rossi

Economy and Finance area

Competences: macroeconomics, political economy

Keywords: economic cycle analysis, fiscal policy, monetary economy, monetary policy

Region: ABROAD


Full Professor of Economics at University of Lancaster (UK)

Professional career

She graduated in Political Science at “La Sapienza” University of Rome in 2000. She gained a MSc in Economics and Quantitative Methods and a PhD in Economics from the University of Rome Tor Vergata. From 2005 to 2006, she was researcher at the Italian National Institute of Statistics. From 2006 to 2008, she was Post-Doc Fellow at the Catholic University of Milan. In 2008 she became researcher at the Department of Economics and Management of the University of Pavia, where in 2014 became Associate and then Full Professor in Political Economics. In September 2021 she moved to Lancaster University in England. During the last years, she has been visiting professor by several Universities: the University Of British Columbia (UBC), by CREI - University of Pompeu Fabra (Barcellona), by the Christian Albrecht University, l’IfW (Kiel) and EIEF (Roma). She participate to a research project of the European Commission. She is now member of the Editorial Board of the Italian Economic Journal.

Scientific results

Her research interests are in macroeconomics, business cycle analysis, and monetary and fiscal policies. She studied the effects of different monetary policies in economies with imperfect financial markets where agents have limited access to credit. She showed that in this context there could be important redistributive effects of the policies. A second research topic on which she is involved is on the relationship between firms’ dynamics and business cycle. She analyzed the effects of business dynamics on the dynamics of GDP and more in general on business cycle. In a very recent paper, she showed that the interaction between business dynamics and financial markets is important to explain business cycle movements and statistics.


Editorial work and publications

Lorenza Rossi si author of several scientific publications. The most recent are:

[2019] The Overshooting of Firms’ Destruction, Banks and Productivity Shocks, European Economic Review, forthcoming.

[2018] Rossi L. Are Uncertainty Shock Aggregate Demand Shocks?.Economics Letters, vol. 167, pp. 142-146, with Stefano Fasani. 

[2018] Rossi L. Firms Endogenous Entry and Monopolistic Banking in a DSGE model. Macroeconomic Dynamics, vol. 22, pp. 153-171, with Carla La Croce. 

[2017] Rossi L. Limited Asset Market Participation, Sticky Wages and Monetary Policy. Economic Inquiry, vol. 75, pp. 879-897, with Guido Ascari and Andrea Colciago. 

[2015] Rossi L. New-Keynesian Phillips Curve with Bertrand Competition and Endogenous Entry. Journal of Economic Dynamics and Control, vol. 51, pp. 318-340, with F. Etro. 

[2015] Rossi L. Firms Dynamics, Endogenous markups and the Labor Share of Income. Macroeconomic Dynamics, vol. 19(6) 1309-1331, with A. Colciago. 

[2015] Rossi L.  Taylor Rules, Long-Run Growth and Real Uncertainty. Economics Letters, vol. 133, pp. 31-34, with B. Annicchiarico. 

[2013] Unions Power, Collective Bargaining and Optimal Monetary. Economic Inquiry, vol. 51(1), pp. 408-427, with E. Faia. 

[2012] Rossi L. Trend Inflation and Firms Price-Setting: Rotemberg vs. Calvo. The Economic Journal, vol. 122, Issue 563, pp. 115-1141, with G. Ascari. 

 [2011] Rossi L. Monetary Policy and Automatic Stabilizers, the Role of Progressive Taxation. Journal of Money, Credit and Banking, vol.44 (5), pp. 825-862, with F. Mattesini. 

[2011] Rossi L. Calvo vs. Rotemberg in a Trend Inflation World: An Empirical Investigation. Journal of Economic Dynamics and Control, vol. 35, pp. 1852--1867, with G. Ascari and E. Castelnuovo. 

[2009] Rossi L. Optimal Monetary Policy in Economies with Dual Labor Markets. Journal of Economic Dynamics and Control, vol. 33, 1469-14, with F. Mattesini. 

Awards and prizes

Lorenza Rossi is fellow of the EABCN (Euro Area Business Cycle Network), of CEIS di Tor Vergata. In 2011 she won the “Mela D'oro” price – of XXIII Edition of Fondazione Marisa Bellisario Price entitled: "Women, Innovation and Human Capital” - as best researcher under the age of 35 of the CUN Economic area 13 of the Italian Ministry of Education, Universities and Research. She is winner of several grants of the Italian Ministry of Education, Universities and Research and of the European Commission.


Raffaella Sadun

Economy and Finance area

Competences: labor economics, organizational economics

Keywords: CEO, coronavirus, Covid-19, Covid-19: impact on organisational and managerial aspects of enterprises, Covid-19: impact on the HR skills, decentralization, management, productivity

Region: ABROAD


"Thomas S. Murphy" Associate Professor of Business Administration in the Strategy Unit at Harvard Business School. 

Professional career

She earned a BA in Economics from La Sapienza university in Rome, a MSc in Economics from Pompeu Fabra university, and a PhD in Economics from the London School of Economics. She started as an Assistan Professor at Harvard Business School in 2009, and was promoted to Full Professor with tenure in 2018.

Scientific results

Professor Sadun's research focuses on the economics of productivity, management and organizational change. Her research documents the economic and cultural determinants of managerial choices, as well as their implications for organizational performance in both the private and public sector (including healthcare and education). She is among the founders of the World Management Survey ( and the Executive Time Use Study ( 

Professor Sadun's work has appeared in leading peer reviewed journals including the American Economic Review, the Quarterly Journal of Economics and the Economic Journal, and has been featured in the business press, including The New York TimesThe Economist, The Wall Street Journal, and the Financial Times

She is a Faculty Research Fellow at the National Bureau of Economic Research, Faculty Associate at the Centre for Economic Performance at the London School of Economics, Research Affiliate at the Center for Economic Policy Research and Research Associate in the Ariadne Labs Program in the Department of Health Policy and Management at Harvard T.H. Chan School of Public Health. In 2012 Professor Sadun was nominated as a Junior Faculty Fellow at the Kauffman Foundation. In 2018 she won the McKinsey award for the best article published on the Harvard Business Review in 2017.

Editorial work and publications

(2018) Bandiera O, Prat A, Lemos R and Sadun R. Managing the Family Firm: Evidence from CEOs at WorkReview of Financial Studies, 31(5):1605-1653.

(2017) Sadun R, Bloom N and Van Reenen J. Why Do We Undervalue Competent Management? Neither Great Leadership Nor Brilliant Strategy Matters Without Operational Excellence. Harvard Business Review95, 5:120–127.  

(2015) Tsai T, Ashish K, Atul J, Gawande A, Huckman RS, Bloom N. and Sadun R. Hospital Board and Management Practices Are Strongly Related to Hospital Performance on Clinical Quality MetricsHealth Affairs, 34, 8:1304–1311.  

(2015) Bloom N, Lemos R, Sadun R and Van Reenen J. Does Management Matter in Schools? Economic Journal (Royal Economic Society)125, 584:647–674.  

(2015) Sadun R. Does Planning Regulation Protect Independent Retailers?Review of Economics and Statistics, 97, 5: 983–1001.

(2014) Bloom N, Garicano L, Sadun R and Van Reenen J. The Distinct Effects of Information Technology and Communication Technology on Firm Organization. Management Science 60, 12:2859–2885.  

(2015) Bandiera, Oriana, Luigi Guiso, Andrea Prat, and Raffaella Sadun. "Matching Firms, Managers, and Incentives." Journal of Labor Economics 33, no. 3 (July 2015): 623–681.  

(2012) Bloom N, Sadun R. and Van Reenen J. The Organization of Firms Across Countries. Quarterly Journal of Economics, 127, 4. (Slides from 2008 , Harvard Business School Working Paper, No. 12-005, August 2011.)  

(2012) Bloom N, Sadun R. and John Van Reenen J. Americans Do IT Better: US Multinationals and the Productivity Miracle. American Economic Review, 102, 1: 167–201. (Slides Summary The Economist Financial Times New York Times .)  

(2012) Bloom N, Genakos C, Sadun R. and Van Reenen J. Management Practices across Firms and CountriesAcademy of Management Perspectives, 26, 1: 12–33.  

(2010) Bloom N, Sadun R. and Van Reenen J. Recent Advances in the Empirics of Organizational Economics. Annual Review of Economics, 2: 105–137. 

Paola Schwizer

Economy and Finance area

Competences: corporate governance, financial intermediaries, risk management

Keywords: corporate governance, finance, financial intermediaries, internal control, risk

Region: Lombardy


Full Professor of Financial Markets and Institution at the University of Parma, where she teaches Risk Management. Deputy Chair of the Board of the Graduate program in Finance and Risk Management. Affiliate Professor at SDA Bocconi School of Management, Banking and Insurance Department, where she is manager and teacher of training programs for executives and boards of directors on corporate governance, internal controls and compliance.

President of Nedcommunity, the  Italian Association of non-executive and independent directors. Member of the board of directors of ecoDa, The European Confederation of Directors’ Associations in Brussels. Member of ECGI, European Corporate Governance Network. Member of the board of directors of several companies.

Member of the Editorial Board of the Journal of Management and Governance. Member of the Faculty Committee of the PhD Course in Economics and Management of Innovation and Sustainability, Universities of Parma and Ferrara. Member of the Scientific Committee of the PhD School in Economics and Law at the University of Parma.

Professional career

Degree in Management at Bocconi University, in Milan. Researcher at the same University from 1994 to 1998. Since 1998 Associate Professor. Since 2000 Full Professor at the University of Salento and, from 2003, at the University of Parma.   

Scientific results

Paola Schwizer's research activity is focused on financial markets and institutions, and particularly on risk management, corporate governance and internal governance. She studied the assessment of governance systems, publishing a model, based on an alternative approach to measuring corporate governance quality using a fuzzy expert system, able to overcome the conceptual and methodological limits of the previous rating systems of corporate governance quality and to support people who make decisions.

She also carried out research on risk culture in banking, contributing to a model of risk assessment based on 92 indicators, which are already applied by several major Italian banks.

She took part to a study on the remuneration provisions applicable to credit institutions and investment firms,  prepared for the European Commission aimed at investigating the impact of EU regulation on risk management.

Editorial work and publications

(2017) Carretta A, Fiordelisi F, Schwizer P (eds). Risk Culture in Banking. Palgrave Macmillan. Series: Palgrave Macmillan Studies in Banking and Financial Institutions. ISBN 978-3-319-57591-9 (eBook ISBN 978-3-319-57592-6).

(2017) Cosma S, Mastroleo S, Schwizer P. Assessing corporate governance quality: substance over form. Journal of Management and Governance, DOI 10.1007/s10997-017-9395-3.

(2015) Carretta A, Farina V, Fiordelisi F, Schwizer P, Stentella Lopes SF. Don’t Stand So Close to Me: The role of supervisory style in banking stability, Journal of Banking and Finance, 52: 180–188.

(2015) Fiordelisi F, Soana MG, Schwizer P. Reputational losses and operational risk in banking. The European Journal of Finance, 20, 2:105–124.

(2015) Schwizer P, Carretta A, Soana MG. Can high quality independent directors reduce ceo overconfidence?, in Bracchi G, Masciandaro D, Filotto U. (a cura di) “European Banking 3.0. Bank Industry and Supervision in the Behavioural Finance Revolution”, 20th Report on the Italian Financial System, EDIBANK, Bancaria Editrice, Roma, ISBN 978-88-449-1058-7, pp. 139-151.

Awards and prizes

SDA Bocconi, Award “Best Innovative Custom Programs 2016”. 

Award “2015 Ambrogio Lorenzetti” for excellence in board membership.

Award “Excellence in Innovation 2012”. 

Award “Best Case & Best Seller 2011”. 

Award “Excellence in Innovation and Creativity 2011”. 

Award  “Excellence in Innovation 2008”.






Claudia Segre

Economy and Finance area

Competences: finance, financial economy

Keywords: coronavirus, Covid-19, Covid-19: impact of distance learning on academic performance, Covid-19: impact on domestic violences, Covid-19: impact on women, finance, geopolitics, international economy

Region: Lombardy


President Global Thinking Foundation. Board Member and Responsible Publications ASSIOM Forex. Honorary Member ACI Forex International


Professional career

Since 2016 she has been President of Global Thinking Foundation, a non-profit foundation dedicated to the dissemination of Financial Education for adults and women, to combating economic violence and to supporting the right to study for deserving and underprivileged young people.

Founding member of ASSIOM FOREX, former Vice President of ASSIOM and active in the Association since 1993. She was Secretary General of ASSIOM FOREX from 2009 to 2016 and is currently Director of Publications and Member of the Board of Directors.

She was Chairman Board of Education of ACI FX International from 2012 to 2015, now Honorary Member ACI International. Member of Consulta Esperti , VI Commissione Finanze Camera dei Deputati.

She has collaborated with several Italian Universities, she is currently a lecturer at ASSIOM FOREX association for Advanced Trading, Islamic Finance, Basel3 and Sovereign/Corporates Risk at Master Eraclito 2000. Regular speaker for PFEXPO, ITalian Trading FORUM, Salone del Risparmio and TOL Expo. Lecturer for Feduf, Economix for the Financial Education weeks.  

Scientific results

She has dedicated her career of over 30 years to the activity of Trader and then Manager in primary Italian banks on international markets, to the in-depth study of global geopolitical dynamics and the related economic-financial correlations, covering roles of responsibility in the operations room and managerial roles in the Unicredit Group, Gruppo Intesa and Credito Emiliano.

Her involvement in International Market Trading and Strategic Analysis led her to a natural involvement and managerial commitment in Debt Capital Market, Credit Analysis and International Relations and also in Rome as Head of International Relations with EU, Central Banks, Multilaterals & Authorities, consolidating her passion for Geopolitics and International Markets.

Editorial work and publications

Claudia Segre wrote the introduction of Parole di Economia e Finanza. Glossary of Financial Education, Global Thinking Foundation in collaboration with Maurizio Bernardo, Giunti, 2016.

Author of articles on financial and geopolitical issues, she has been collaborating for years with her own column with: ITForum NewLetter, First on Line (Blog), Wall Street Italia, Donna Moderna, La Verità and other newspapers. She is often featured on Italian and foreign media: RaiNew24, CFN CNBC, Rai 3, Le Fonti TV and Radio24 Investire Informati.

Awards and prizes

2017 : Best 100 CV Excellent Women against Stereotypes, for Economy & Finance,  Fondazione Bracco supported by EU Commission

2016 : ASSIOM FOREX Cavanna Lifetime Achievement Award

2011 : 1000 CV Excellent Fondazione Bellisario

2005 Best Dealer Hungarian Market – MTS NewEurope

1999 Best Political Format “Geopolitics Atlas” RaiNews24



Annamaria Simonazzi

Economy and Finance area

Competences: gender economy, labor market, macroeconomics

Keywords: Eurozone, income distribution, welfare

Region: Lazio


Full professor at Sapienza University of Rome

Member of various associations, including SIE, Storep, EAEPE, IWPLMS, and expert counsellor at CNEL.

Professional career

She teaches History of Economic Analysis and Advanced Macroeconomics at Sapienza University of Rome. She has directed or participated in various national and European research projects in the areas of economic policy, labor and social policies, welfare and gender economics and she has attended many national and international conferences as invited speaker.

Scientific results

Current research topics: the economics of the European Monetary Union, industrial and innovation policy; industrial relations and income distribution; gender economics.

In the field of economic policy, she has addressed problems concerning the competitiveness of the Italian economy and he Italian position in the EMU. Her recent contributions relate to the issue of the Monetary Union and the difficult relations between core and periphery countries of the euro area. Related to these issues is the problem of industrial policy and the analysis of the processes of innovation and development.

As regards labor policies and industrial relations, the analysis highlights the costs deriving from relying solely on reforms aimed at increasing the flexibility of the labor market to boost employment and growth. The interaction between labor reforms, austerity policies and structural reforms in the areas of taxation, pensions and welfare in exacerbating precariousness, inequality and poverty has been addressed in several essays. It is concluded that resumption of social dialogue and abandonment of austerity policies in favor of an effective industrial policy can provide a better recipe for overcoming the crisis and addressing the challenges of technological innovation and global competition.

The results of these analyses have been reported in several publications.

Editorial work and publications

Referee for national and international journals. Editor in chief of Economia & Lavoro; Member of the Editorial Committee of Labour and of the Editorial Board of the newsletter

Recent publications:

(2019) Developmental industrial policies for convergence within the European Monetary Union in H. Herr, J. Priewe and A. Watt (eds.) Still Time to Save the Euro, Social Europe Publishing, Berlin (with G. Celi and D. Guarascio).

 (2018) Engines of growth and development paths in the Euro-area, in A. Rosselli, E. Sanfilippo and N. Naldi (eds.) Money, Finance and Crises in Economic History: The long-­‐term impact of economic ideas, Routledge, London.

(2018) Crisis in the European Monetary Union: A Core-Periphery Perspective, Routledge, London (with G. Celi, A. Ginzburg, D. Guarascio).

(2017) Italy: Industrial Relations and Inequality in a Recessionary Environment, in D. Vaughan-Whitehead (ed.) Inequalities and the World of Work: What Role for Industrial Relations and Social Dialogue?, Edward Elgar, Cheltenham (UK)-Northampton (USA) (with G. Fiorani).

 (2017) Out of the crisis. A radical change of strategy for the euro zone. European Journal of Comparative Economics, 14, 1:13-37 (with A. Ginzburg).

(2016) Europe at a crossroads: what kind of structural reforms? in G. Bäcker, S. Lehndorff, C. Weinkopf (eds) Den Arbeitsmarkt verstehen, um ihn zu gestalten, Springer VS, Berlin (with P. Villa).

Alessandra Stea

Economy and Finance area

Competences: private equity investments

Keywords: corporate acquisitions, corporate group, financial leverage, mergers, private equity

Region: Lombardy


Director at Private Equity Partners SGR Spa, management company of Italian regulated closed-end funds entirely subscribed by international institutional investors with high financial and professional profiles.

Professional career

After the honours Degree in Economic and Social Disciplines accomplished in 1999 at Luigi Bocconi University of Milan, Alessandra Stea developed her education through a period of training abroad attending the Chase Manhattan Bank Analyst Training Program in New York. Later she worked as Analyst and Investment Manager in the Italian Private Equity industry.

She currently serves as member of the Board of Directors of the following companies: Private Equity Partners SGR Spa, Investindesign Spa, Italian Design Brands Spa, Gervasoni Spa, IFA Spa, Davide Groppi Srl, Saba Italia Srl.

Scientific results

Alessandra Stea today works as Director at Private Equity Partners SGR Spa, with specialization in M&A and divestment transactions in the mid-corporate market segment. In this framework she acquired significant skills in the reorganization and development of participated companies, in the structuring and execution of leveraged buy out and expansion financingtransactions and in the divestment of the participated companies in the capital markets. Her professional experience has been developed in particular in the management of the closed-end funds JP Morgan Italian Fund III and Private Equity Partners Fund IV.

She has been involved in different investment transactions, among which: Da Sistemi Spa, Wire Industries Spa, Trevisan Spa, Icos Impianti Group Spa, Tecnowind Spa, Impresa Costruzioni G. Maltauro Spa, Alessandro Rosso Incentive Spa, Mecaer Aviation Group Spa, Manutencoop Facility Management Spa, Euticals Spa, Italian Design Brands Spa, Gervasoni Spa, Meridiani Srl, Cenacchi International Srl, Davide Groppi Srl, Saba Italia Srl.

From May 2015 Alessandra Stea manages for Private Equity Partners Spa the Italian Design Brands (IDB) project - which aims at the promotion of an Italian Design district in the sector of High Quality Furniture - participating in the realization of several synergic transactions in the industry.

Paola Subacchi

Economy and Finance area

Competences: economic policy, finance, macroeconomics

Keywords: capital movements, China, governance, international financial institutions, international monetary system, renminbi/yuan

Region: Emilia-Romagna


Contract professor at the School of Political Science of the University of Bologna, senior fellow at Chatham House, London and non-executive director of companies listed on the London Stock Exchange.

Professional career

After graduating in Political Economics at Bocconi University, she continued her education with a Masters degree from the University of Oxford and a PhD in economic history at Bocconi University. After a period of post-doctoral research at the University of Cambridge and Bocconi University, in 1996 she began working in the City of London as an economist. From 2004 to 2017 she directed the international economics department of Chatham House in London. She was a visiting fellow at Harvard University and the University of Toronto, at the Institute of Monetary Research, Hong Kong Monetary Authority and the Asian Development Bank Institute in Tokyo.

Scientific results

The research activity of Paola Subacchi focuses on the international monetary system and the governance of international financial institutions. One area of this activity is the internationalization of the Chinese currency - the renminbi or yuan - and its recent inclusion in the international monetary system. This research deals with the question of the limits of Chinese finance and their impact on the renminbi which remains a currency with limited international circulation and liquidity and which fails to counter the dollar's hegemony.

Editorial work and publications

The main (recent) publications by Paola Subacchi are:

(2017) Subacchi P. The People’s Money. How China is building a global currency. New York, NY: Columbia University Press

(2017) Pickford S, Subacchi P. The G7’s Task for Restoring Growth and Stability. Istituto Affari Internazionali, Roma

(2017) Subacchi P, Dongmin L, Haihong  G, Qiyuan  X, Yuanfang  L, Shuan  S, Oxenford  M. The ‘Belt and Road’ Initiative and the London Market - the Next Steps. Renminbi Internationalisation, London: Chatham House.

(2017) Bayoumi  T, Pickford  S, Subacchi P. Managing Complexity: Economic Policy Cooperation after the Crisis, Washington DC: Brookings Institution Press.

(2016) Colagrossi M, Subacchi P. The productivity puzzle: why improving labor productivity is critical for Europe. Nomura Foundation, Tokyo.

(2016) Van den Noord P, Subacchi P. Increasingly Apart: Post-Crisis Growth Trajectories in the UK and Eurozone.Chatham House Briefing Paper, London, Chatham House.


Awards and prizes

Paola Subacchi is a member of the Advisory Board of Wilton Park, Foreign and Commonwealth Office and of the executive committee of W (omen) 20, one of the G20 groups. She is a consultant for the internalization of Queen Mary, University of London. In 2016 she received the honor of Knight of the Order of the Star of Italy.

Renata Targetti Lenti

Economy and Finance area

Competences: economic development, political economy

Keywords: income distribution, institutions, poverty

Region: Lombardy

Professional career

Renata Lenti (conjugated Targetti), born in Milan on August 20, 1941, graduated with honors in Economics and Commerce from the Bocconi University in 1965. She obtained the title of Master of Arts in Economics from the University of California at Berkeley in 1967. Extraordinary and then Professor of Political Economics at the Faculty of Political Sciences of the University of Pavia from 1987 to 2008. In the Faculty Renata Lenti Targetti has taught as a professor in numerous courses in Economics. During the 1990s, the organization of the "Erasmus system" was actively employed on behalf of the Faculty. He also directed - from 2005 to 2008 - the Study Center for Extra-European People Cesare Bonacossa of the University of Pavia. In parallel with the teaching and research activities carried out at the Faculty of Political Science of Pavia, Renata Lenti Targetti held courses at the Bocconi University in Milan until October 2012. She also regularly collaborated with teaching activities at the International Master in "Cooperation and Development" (European School of Advanced Studies) of Pavia and the Master in "International Affairs" organized by the ISPI of Milan. She has also been a member of the teaching staff of the Doctoral School in Economic Policy of the Università Cattolica del S.Cuore, based in Piacenza, entitled "Quantitative methods for economic policy". From December 8th 2009 she is Corresponding Member of the Lombard Institute-Academy of Sciences and Letters. Since September 2013 she is professor emeritus of theUniversity of Pavia.

Scientific results

The research activity of Renata Targetti Lenti has resulted in the publication of numerous essays (64) and three monographs on the themes of development and underdevelopment, on the market structure of natural resources and raw materials, on the functional and personal distribution of income, on poverty, on theories of distributive justice, on the construction and use of Social Accounting Matrix (SAM) and Computable General Equilibrium Models (CGE) based on SAMs.

Scientific activity has followed mainly four directions:

Renata Lenti has prepared and coordinated numerous research projects aimed at deepening the knowledge of different aspects of inequality and poverty by abandoning the usual aggregated setting that hides within it controversial points in favor of a disaggregated vision in order to better explore the relationship between inequality and growth and to assess the impact of public policies on income distribution. Particular attention has been dedicated to analyzing the factors at the root of inequality and poverty, and policies aimed at fighting them. These issues were anlysed both from a theoretical and applied point of view with particular reference to the links between income distribution and the features of the economic system. The work of an applied nature has had as its object the Italian reality.

A second line of research has been the analysis of the problems related to the construction and use of Social Accounting Matrix (SAM) as simulation models of alternative public policies. Numerous recent works have also been dedicated to the search for an innovative analysis scheme that explains the links between functional and personal income distribution. Many theoretical and applied essays can be included in this line of research.

A third line of research has been to analyze some of the main problems of development with particular reference to the relations between democracy and development and to the structural characteristics of some countries such as China or India.

A fourth line of research has been to analyze the thinking of some political philosophers on economic analysis. The works were dedicated in particular to retracing the thoughts of J. Rawls, Amartya K. Sen with reference to the construction of a theory of justice. The contribution of Van Parijs has been analyzed with reference to his proposal for a citizenship income.


Editorial work and publications

Renata Lenti's research activity has resulted in the publication of numerous essays and three monographs on the topics of development and underdevelopment, market forms of natural resources and raw materials, functional and personal income distribution, poverty, theories of distributive justice, the construction and use of Social Accounting Matrices (SAMs) and SAM-based Computable General Economic Equilibrium Models (CGEs). 

Her writings include 2 books: Economia delle materie prime. Forme di mercato e politiche di controllo, Milano, Giuffrè, 1979; Struttura produttiva e distribuzione personale dei redditi. Una verifica del caso italiano, Milano, Giuffrè, 1984;

Among the essays we would like to mention:

[1977] Risorse naturali, rendite e distribuzione dei redditi, Giornale degli Economisti e Annali di Economia. Nuova Serie, Anno 36, No. 7/8 (Luglio-Agosto 1977), pp. 419-457.

[1980]  Relazioni tra distribuzione personale e distribuzione funzionale dei redditi: uno schema d'analisi(con M. Bottiroli Civardi). Giornale degli Economisti e Annali di Economia, Nuova Serie, Anno 39, No. 11/12 (Novembre-Dicembre 1980), pp. 705-737.

[1988]  The Distribution of Personal Income at the Sectoral Level in Italy: A SAM Model(con M. Bottiroli Civardi), Journal of Policy Modeling, n. 10, pp. 453-468.

[1989] I modelli di equilibrio economico generale calcolabili (CGE) e la metodologia SAM. Giornale degli Economisti e Annali di Economia, n. 7-8, pp.pp. 309-345.;

[1992] CGE Models Based on SAM's Approach: Simulations for the Italian Economic System (con M. Bottiroli Civardi). Economic Notes, n. 3, pp. pp. 526-565.

[2002]  Profili reddituali, livello d'istruzione e diseguaglianza nella distribuzione personale dei redditi in Italia(con M. Bottiroli Civardi). Tecnologia Società, Atti dei Convegni Lincei, Accademia Nazionale dei Lincei, Roma 5-6 aprile 2001. 

[2004]  Social capital, individual social capital and sustainable growth in the industrial districts(con Lodigiani E. e Missaglia M.). RISEC, n.2.

[2010] Extensions to the Multiplier Decomposition Approach in a SAM Framework: An Application to Vietnam(con Bottiroli Civardi M., Vega Pansini R.). Economic Systems Research, Vol.22, No 2, pp.111-128. 

[2011]  Sviluppo e declino del sistema economico italiano, “Il Politico”, anno LXXVI, n. 3, 2011,  pp. 72-107.

[2017] Can the link between functional and personal income distribution enhance the analysis of inequality?(con Civardi M.). International Review of Economics, Springer; Happiness Economics and Interpersonal Relations (HEIRS), vol. 65(2), pages 137-156, June.

Antonella Trigari

Economy and Finance area

Competences: labor economics, macroeconomics, monetary economy

Keywords: economy

Region: Lombardy


Associate Professor of Economics at the Department of Economics "Ettore Bocconi" of Bocconi University

Professional career

After graduating in Economics and Business at Bocconi University in 1998, she continued her education with a PhD in Economics from New York University. From 2003 to 2009 she was Assistant Professor at Bocconi University, and from 2009 Associate Professor. Since 2016 she has been Council Member of the European Economic Association (EEA). She was a Research Fellow of CEPR, IGIER and Baffi Carefin Center. She won several international grants for her research. She was a consultant for the International Labor Organization (ILO) and the Bank of England. She made visiting periods at numerous universities and central banks including New York University, the University of Southern California, the Bank of England, the New York Fed, the Norges Bank, and the Riksbank.

Editorial work and publications

She was Associate Editor of the Journal of Monetary Economics from 2009 to 2016. From 2015 she is Panel Member of Economic Policy. She has published in prestigious international scientific journals such as the Journal of Political Economy and the Journal of Monetary Economics.

Below is a selection of the most relevant publications:

(2016) Gertler M, Huckfeldt C, Trigari A. New Hires Wage Cyclicality, Match Quality and Unemployment Fluctuations. NBER Working Paper No. 22341.

(2015) Trigari A. Comment on Long-Term Nonemployment and Job Displacement. 2014 Jackson Hole Symposiumon Re-evaluating Labor Market Dynamics, Federal Reserve Bank of Kansas City, pp. 389-409.

(2013) Sala L, Soderstrom U, Trigari A. Structural and Cyclical Forces in the Labor Market during the Great Recession: Cross-Country Evidence. NBER International Seminar on Macroeconomics 2012, The University of Chicago Press.

(2012) Monacelli T, Perotti R, Trigari A. Taxes and the Labor Market, in (Céspedes L. and Galì J. eds.), “Fiscal Policy and Macroeconomic PerformanceCentral Banking”, Analysis and Economic Policies Series, Central Bank of Chile, vol. 17, ch. 2, pp. 27-58.

(2011) Monacelli T, Quadrini V, Trigari A. Financial Markets and Unemployment. NBER Working Paper No. 17389.

(2010) Sala L, Soderstrom U, Trigari A. The Output Gap, the Labor Wedge, and the Dynamic Behavior of Hours. CEPR DP No. 8005.

(2010) Monacelli T, Perotti R, Trigari A. Unemployment Fiscal Multipliers. Journal of Monetary Economics, 57(5):531-553.

(2009) Gertler M, Trigari A. Unemployment Fluctuations with Staggered Nash Wage Bargaining. Journal of Political Economy, 117(1): 38-86.

(2009) Trigari A. Equilibrium Unemployment, Job Flows and Inflation Dynamics. Journal of Money, Credit and Banking, 41 (1):1-33.

(2008) Gertler M, Sala L, Trigari A.  An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining. Journal of Money, Credit and Banking, 40(8):1713-1764.

(2008)  Sala L, Soderstrom U, Trigari A. Monetary Policy under Uncertainty in an Estimated Model with Labor Market Frictions. Journal of Monetary Economics, 55 (5):983-1006.

(2008) Quadrini V, Trigari A. Public Employment and the Business Cycle. Scandinavian Journal of Economics109 (4):723-742.

Filomena Tucci

Economy and Finance area

Competences: statistics

Keywords: big data, coronavirus, Covid-19, Covid-19: emergency communication and transparency, Covid-19: impact on consumers, Covid-19: public procurement, data analysis

Region: Calabria


Co-founder of InGreen. Area Manager great Place to work.

Lecturer and digital advisor at the Master of Economics and Management of the University of Pisa in Florence.

Lecturer at the Master of Public Economics of the Sapienza University of Rome.

Professional career

Graduated in Economics with honors from the University of Calabria, she obtained a Master's degree in Statistics at the University of Bari with merit scholarship and an Independent Phd cum laude in Public Governance at the IASSP (Institute of High Strategic and Political Studies) from Milan.

Ted Speaker for community of Siena Lecce Bari Suzzara.

In recent years Filomena Tucci has been an advisor for numerous companies including University of Pisa, University of Lisbona,University of Alexandria in Egypt,  University of Lecce, Contamination Lab Unicalab, Mecar, Brodolini Foundation for FRA (fundamental Rights agency), Brainsigns, Fablab Catania, Cloud Consulting of Rome, Foneclay Italia, MPS-marketing problem solving, MG.

He has edited over 70 electoral campaigns of politicians including Gentiloni, Spacca, Vendola, Occhiuto, De Filippo, Fratoianni, Marini, Delli Noci, Laricchia, attualmente nei team di supporto per le elezioni a Massafra e Milano.

She has been and is the organizational director of university masters on Marketing and Data management.

During March-April 2019 Invited by State Dep. of United States of American for the important program on leadership “small and medium enterprises as engine of prosperity”.

In his spare time he coordinates the Eskillsforwomen community on women's digital skills on the net.

Scientific results

Together with other engineering professionals, in 2014 he founded InGreen, an integrated environmental engineering design company, monitoring and reducing pollution sources (air, electromagnetic, acoustic) and SMART life.

Editorial work and publications

Filomena Tucci is the author of numerous books including Soft Revolution (published by l'Erudita), and YesWe Stem (published by Street Lib Writ). 

She has also written the Telecomitalia social book and Holden writer school "We have a dream" and "brothers at school". 

He collaborated in The scientific book Network in 2020 with the essay “The body new object. The Opinion of the Italians", Yearbook 2014 with the essay "More spaces for young innovators, the recipe for "change everything"; at the 2013 edition of the same yearbook with "Italy one country for young people" to that of 2012 with "Research and competitiveness", to that of 2011 with "Social responsibility and youth models".

Digital periodic articles on Mediaduemila, Donne online, Italian digital revolution.

Awards and prizes

2019 “Innovation is Woman” Mediaduemila Chamber of Senate Italy

2019 “IVLP International Visitor Leadership Program” State Dept USA

2017 the "012Factory" Award in Caserta as "Best innovator for entrepreneurship" and the same year won the "Gogol" Award in Cosenza for the book "Soft Revolution", in which he described the first signs of rebirth of the South.

2016 Filomena Tucci received the "FIDAPA Award" in Reggio Calabria as "Excellent Woman in Entrepreneurship".

Alessandra Venturini

Economy and Finance area

Competences: labor economics, migration economy

Keywords: divorce, integration, migrations

Region: Piedmont


Full Professor of Economic Policy at the University of Turin, where she is also Head of the Jean Monet Migration in Europe Module and Director of the Diploma in Migration Studies of the University of Turin.

Professional career

She graduated in Economics at the Faculty of Political Sciences of Florence in 1977. In 1978 she carried out an internship at the European Commission in Brussels, D.G. Social Affairs. In 1982 she obtained a PhD in Economics at the European University Institute in Florence with J.P. Fitoussi and E. Tarantelli. She was Visiting Professor at Brown University, Providence, R.I. (USA), the Institute Development Studies, Sussex University of Brighton, the International Institute of Labor Studies, at the ILO, Geneva and at the COMPAS (Center of Migration, Policicy & Society) in Oxford. He has taught in Italy at the Universities of Florence, Bergamo, Padua and Turin and abroad in the USA, Oxford, Belgium.

She has twenty years of research and collaboration experience with the European Commission in Brussels (of which he is a member of the expert group), with OECD and with the World Bank, as well as with other international organizations, including: International Labor Organization, International Organization of Migration, European Training Foundation and numerous international research institutes (CEPR of London, IZA of Bonn, CASE of Warsow, IMI of Washington) and in Italy with the Ministry of Labor and Social Policies and with the Ministry of Foreign Affairs.

She is currently co-director of the MEDAM project at the Migration Policy Center, Robert Schumann Center for Advanced Studies of the European University Institute of Florence, with responsibility for addressing and research supervisor. He is a member of the Expert Group on Migration of the DG Home of the European Commission. Outgoing member of the General Council of the Compagnia di San Paolo 2014-2016. Member of the Council of the Department of Economics and Statistics Cognetti De Martiis. Member of the Scientific Committee of the Master in Management of Development of the University of Law at the ILO Training Center since 2003. She was president of the Master's Degree Course in Law and Economics for public and private companies from 2008 to 2015, member of the Council of the Faculty of Law from 2005 to 2012, member of the Governing Council of the Institute of Higher Studies of the University of Genoa in 2014.

Scientific results

Alessandra Venturini is a scholar of migration dynamics, migration policies and the dynamics of asylum seekers. She is an expert on the causes and consequences of migration in European countries and of social policy interventions that can anticipate and counteract the negative effects with numerous publications in Italian and English. She is an expert in the countries of the Neighborhood of Europe, with an in-depth knowledge of migration, of the labor markets of European countries and of countries bordering with Eastern Europe - Ukraine, Moldavia, Georgia, Belarus, Armenia and Azerbaijan - and to the South , North Africa and the Middle East, with direct contacts with members of institutions and administrations and the University.

Editorial work and publications

Alessandra Venturini is the author of numerous monographs including:

(2015) Fargues P, Venturini A, Migration from North Africa and the Middlle EastSkilled migrants, Development and Globalization, I.B. TAURIS, London.

(2006) Venturini A. Post-War Migration in Southern Europe. An Economic Approach, Cambridge University Press.

Recent papers:

(2017) Strom S, Piazzalunga D, Venturini A, Villosio C. Wage assimilation of immigrants and internal migrants: the role of linguistic distance, Regional Studies, pp. 1-12.

(2017) Laurentsyeva N, Venturini A. Social Integration of Immigrants and the role of Policy, Intereconomics, 52:285-292.

(2017) Kalantaryan S, Fassio C, Venturini A. High-skilled Immigration and Innovation, in Czaika M, “High Skilled Migration, Drivers and Politics”, Oxford University Press, pp. 151-175.

(2017) Venturini A. Where and when to start the integration process?in Bauböck R, Tripkovic M (eds), “The integration of migrants and refugees: an EUI forum on migration, citizenship and demography”, p. 109.

(2017) Venturini A. Migrant assimilation in the labour market: what is missing in the economic literature, in Weiner A, Unterrainer A, Fargues P. (eds), “Migrant Integration Between Homeland and Host Society. Volume 1. Where does the country of origin fit,” pp. 21-42. 

(2017) Venturini A, Villosio C., in Finotelli C, Ponzo I (eds), “Integration in times of crisis. Migrant inclusion in Southern European societies: trends and theoretical implications”, 

(2016) Venturini A. Migration in 2017, in Goldstein A, “The World in 2017, Instant book, Nomisma, Agra”.

(2016), From Refugees to Workers, Mapping Labour-Market Integration Support Measure for Asylum Seekers and Refugees in The EU Members States. Vol.I Comparative Analyses and Policy Findings; Vol.II Literature review and country case studies, Italy case study, Bertelmans Stiftung and MPC-EUI. 

(2016) Del Boca D, Venturini A. Migration in Italy is backing the old age welfare, in Zimmermann K, Kaneck M (eds), “Labor Migration, EU Enlargement, and the Great Recession”, Springer Berlin, Heidelberg. 

(2016) Goldstein A, VEnturini A. International Migration Policies: Should they be a new G20 Topic? China & World Economy, 24, 4:93-111. 

(2016) Pirani E, Venturini A, Vignoli D. Female Migration and Native Marital Stability: Insights from Italy. Journal of Family and Economic Issues 05. 

(2016) Venturini AMigrants and migration policies for innovation in EuropeMigration Policy Practice, VI, 2.



Martina Viarengo

Economy and Finance area

Competences: economic development, international cooperation, international economics, labor economics, public policies

Keywords: coronavirus, Covid-19: impact on the labour market, Covid-19: impact on the university system, economics of public services, education systems, institutions, labor market, organizations and management

Region: ABROAD


Professor of Economics (with tenure) in the Department of International Economics at the Graduate Institute of International and Development Studies of Geneva (Switzerland)

Professional career

After graduating with a bachelor degree in Economics in the Faculty of Economics at University of Turin in 2002, Professor Viarengo completed her education through a Master in Economics at Northwestern University (USA) in 2003 and a PhD at the London School of Economics and Political Science (UK) in 2007.  After completing her doctoral studies, she was Postdoctoral Fellow at the Harvard University, John F. Kennedy School of Government (USA). She subsequently worked as an economist at the Centre for Economic Performance of the London School of Economics prior to join the Graduate Institute’s faculty. She is currently Professor (with tenure) in the Department of International Economics at the Graduate Institute of International and Development Studies of Geneva (CH). She is Faculty Associate at the Harvard University, Center for International Development, and a Member of the Swiss National Center of Competence in Research (NCCR). She is also Senior Research Associate at the Harvard Law School, Labor and Worklife Program. She currently serves as Senior Expert in the European Expert Network on the Economics of Education (EENEE) of the European Commission and as Member of the Evaluation Committee of the Swiss State Secretariat for Economic Affairs (SECO) Economic Cooperation and Development.

Scientific results

Professor Viarengo is a specialist in public policy, labor economics and economic development. Her research has focused on the economics of public services, education systems and labor markets in an international perspective. Her research has also examined different aspects related to management and human capital within organizations in countries at different stages of development.

Her research has been published in leading international journals.

She is a fellow of the Institute for the Study of Labor (IZA), a member of the European Development Network (EUDN), and a fellow of the Center for Economic Studies (CESifo).

Editorial work and publications

Selected Publication


[2015] Viarengo M. (joint with Kramarz F.), “Neither in Employment nor in Education – Youth Left Behind,”  Paris: Sciences-Po Press   (title in French: Ni en Emploi Ni en Formation - Des Jeunes Laissés pour Compte”)

Publications in Refereed Journals

[2020] Viarengo M. (joint with Ganguli I., R. Hausmann) “Gender Differences in Professional Career Dynamics: New Evidence from a Global Law Firm,” forthcoming in Economica.

[2019] Viarengo M. (joint with Bandiera O., M. Mohnen, I. Rasul), “Nation-Building through Compulsory Schooling during the Age of Mass Migration,” [LSE-Suntory and Toyota International Centres for Economics and Related Disciplines - Economic Organisation and Public Policy Discussion Paper No. 057], Economic Journal, Vol. 129, No. 617(1), pp. 62–109.

[2018] Viarengo M. (joint with Machin S., S. McNally), “Changing How Literacy is Taught: Evidence on Synthetic Phonics,” [LSE-Centre for Economic Performance Discussion Paper No. 1425; IZA Discussion Paper No. 9955], American Economic Journal: Economic Policy, Vol. 10, No. 2, pp. 217-241.

[2018] Viarengo M. (joint with Ganguli I., R. Hausmann), “Career Dynamics and Gender Gaps among Employees in the Microfinance Sector,” UNU-WIDER Working Paper No. 2017/117, chapter published in Anderson S., L. Beaman and J.P. Platteau (eds.), “Towards Gender Equity in Development” published by Oxford University Press. 

[2017] Viarengo M. (joint with Gibbons S., S. McNally), “Does Additional Spending Help Urban Schools? An Evaluation Using Boundary Discontinuities,” [earlier versions of this paper: LSE-Centre for the Economics of Education Discussion Paper No. 128; IZA Discussion Paper No. 6281], Journal of the European Economic Association, November Vol. 16, No. 5(1), pp. 1618–1668.

[2015] Viarengo M. (joint with Pritchett L.), “Does Public Sector Control Reduce Variance in School Quality?” Education Economics, Vol. 23, No. 5, October, pp. 557-576; [Harvard University, Center for Global Development Working Paper No. 178; Harvard University, PEPG Discussion Paper No. 09-03].

[2015] Viarengo M. (joint with Pritchett L.), “The State, Socialization and Private Schooling: When Will Governments Support Alternative Producers?” Journal of Development Studies, (lead article), Vol. 51, No. 7, July, pp. 784-807; [Harvard University, Center for International Development Working Paper No. 272].

[2014] Viarengo M. (joint with Martinez-Fritscher A., A. Musacchio), “Colonial Institutions, Trade Shocks, and the Diffusion of Elementary Education in Brazil, 1889-1930,” Journal of Economic History, Vol. 74, No. 3, pp. 730-766; [NBER Working Paper No. 20029; Harvard Business School Working Paper No. 10-075].

[2014] Viarengo M. (joint with Freeman R.B.), “School and Family Effects on Educational Outcomes across Countries,” Economic Policy, (lead article), Vol. 79, No. 29, July, pp. 395-446.

[2014] Viarengo M. (joint with Ganguli I., R. Hausmann), “Closing the Gender Gap in Education: What is the State of Gaps in Labor Force Participation for Women, Wives and Mothers?” International Labour Review, (lead article), Vol. 153, No. 2, pp. 173-208; [Harvard University, Center for International Development Working Paper No. 220]. 

[2013] Viarengo M. (joint with Bandiera O., I. Rasul), “The Making of Modern America: Migratory Flows in the Age of Mass Migration,” Journal of Development Economics, Vol. 102, May, pp. 23-47; [CEPR Discussion Paper No. 7509].

[2012] Viarengo M. (joint with Pritchett L.), “Why Demographic Suicide? The Puzzles of European Fertility,” Population and Development Review, No. 38, pp. 55-71.

[2010] Viarengo M. (Holmlund H., S. McNally), “Does Money Matter for Schools?” Economics of Education Review, Vol. 29, pp. 1154-1164; [IZA Discussion Paper No. 3769; CEE Discussion Paper No. 105].

Awards and prizes

Professor Viarengo is the recipient of numerous research grants, fellowships and awards. 

She was elected Fellow of the Royal Society of Arts and she was named Newton International Fellow by the British Academy, Royal Society and Royal Academy of Engineering. In 2013 she was selected as a Young Global Leader by the World Economic Forum. In 2018 Dr. Viarengo was awarded with the Eisenhower Fellowship.

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