Research Themes

Microeconomics

Banking, financial stability, corporate governance, industrial organization, and competition policy. Contract theory with applications to the design of incentives in organisations and to firm pricing policies.

General equilibrium theory and financial economics, more specifically in competitive equilibrium models with asymmetric information, optimal taxation, intergenerational risk-sharing, information transmission in strategic market environments, non-exclusive contractual arrangements.

Social networks, mainly focusing on abstract network-formation models in a changing environment; networks conceived as models of organizations; models of homophily and segregation in social networks.

Informational cascades in incomplete-information setups, with applications to financial markets. Models of globalization and growth, also emphasizing a social-network perspective.

 

Macroeconomics

International economics, general equilibrium models of the international transmission mechanism and optimal monetary policy in open economies, analyses of currency and financial crises and their international contagion, models of international policy cooperation and international financial architecture.

Growth theory, (embodied) technical progress and vintage (human and physical) capital, and related empirical topics such as the measurement of quality improvements in durable goods, the investment behaviour of plants and the evaluation of car scrappage schemes.

Monetary theory, labour theory, political economy, contract theory, learning theory, and the economics of science and innovation. Macroeconomic implications of labour market institutions, and dynamic games.

Quantitative and applied macroeconomics, and international economics. Real exchange rate persistence, transactions costs and international business cycles, habit formation and the dynamics of mark-ups, business cycle measurement, and the macroeconomics of migration.

 

Statistics and Econometrics

Finance and growth, households’ savings and financial decisions, firms’ investment and adjustment policies, the transmission of monetary policy, culture and economic performance.

Methodological issues related to the study of nonstationary, integrated time series and the analysis of the transmission mechanism of monetary policy in the Euro area.

Econometric methods for large datasets, forecasting, aggregation issues, time series models for mixed frequency data, and instrumental variable estimation.