Grants 2018

The 2018 grants for research projects have been awarded to:

Principal Investigator: Diogo Britto (Università Cattolica del Sacro Cuore)
Project title: “Litigation and Liquidity Constraints: New Evidence from Matched Labor and Court Data
Team members: Breno Sampaio (Federal University of Pernambuco) and Robson Tigre (Federal University of Pernambuco)

Principal Investigator: Tommaso Colussi (Università Cattolica del Sacro Cuore)
Project title: “The Economics and Politics of Government Aid
Team members: Giampaolo Lecce (Northwestern University), Marco Manacorda (Queen Mary University of London) and Massimiliano Gaetano Onorato (University of Bologna)

Principal Investigators: Matilde Giaccherini (University of Rome “Tor Vergata”) and Joanna Kopinska (University of Rome “Tor Vergata”)
Project title: “Vax Populi: Social Costs of Fake-News on Childhood Vaccines

Principal Investigator: Valeria Maggian (Ca' Foscari University of Venice)
Project title: “The Gender Gap and the Italian Mathematical Olympiad
Team members: Natalia Montinari (University of Bologna), Antonio Nicolò (University of Padova and University of Manchester)

Principal Investigator: Roberto Nisticò (University of Naples Federico II)
Project title: “Fertility Decisions and Employment Protection: Evidence from the Italian Jobs Act Reform
Team members: Maria De Paola (University of Calabria) and Vincenzo Scoppa (University of Calabria)

Principal Investigator: Giulia Tura (European University Institute)
Project title: “Matching Refugees: Economic and Socio-Cultural Integration Perspectives
Team members: individual research

Visitors 2020


Acharya Sushant (FED New York) May

Alvarez Fernando (University of Chicago) September

Ahimud Yakov (NYU Stern) July

Anderlini Luca (Georgetown) May 

Argente David (Penn State University) June

Benetton Matteo (University of California at Berkeley) May - June

Berger David  (Duke University) May - June

Best Michael (Columbia University) June - July

Carreri Maria (University of California, San Diego) June

Chamley Christophe (Boston University) February - March

Chiappori Pierre-Andrè (Columbia University) June

Chirinko Robert (University of Illinois at Chicago) May

Colonnelli Emanuele (University of Chicago Booth) June - July

Coricelli Giorgio (University of Southern California) May

Cullen Zoe (Harvard University) May

Dessein Wouter (Columbia Business School) July

Dimico Arcangelo (Queen's University Belfast) October - December

Dimitri Nicola (University of Siena) January - April

Egorov Georgy (Kellogg School og Management at Northwestern) June - July

Ellul Andrew (Kelley School of Business, Indiana University) July

Eraslan Hulya (Rice University) May - June

Fernandez Raquel (New York University) July

Granja Joao (University of Chicago Booth) June - July

Herrera Helios (Warwick University) 

Hopenhayn Hugo (University of California, Los Angeles) June - July

Hosseini Roozbeh (University of Georgia) July

Howell Sabrina (NYU Stern) June

Jaeger Simon (Massachusetts Institute of Technology) June

Jiang Zhengyang (Kellogg School of Management, Northwestern) June

Kaplan Greg (University of Chicago) June

Korovkin Vasily (CERGE - EI) February

Kurlat Pablo (Stanford University) June - July

Matveyev Egor (MIT Sloan School of Management) April - May

Milbradt Konstantin (Kellogg School of Management, Northwestern) June

Mongey Simon (University of Chicago) May - June

Moreira Sara (Kellogg School of Management, Northwestern) June - July

Niehaus Paul (University of California, San Diego) July

Ozkan Serdar (University of Toronto) May - June

Prat Andrea (Columbia University) June

Ravina Enrichetta (Kellogg School of Management, Northwestern) June - July

Robles-Garcia Claudia (Stanford GSB) July

Rodriguez Andres (University of California, Berkeley) Fall

Rosenthal Howard (New York University) June - July

Shakhnov Kirill (Surrey University) March

Tebaldi Pietro (University of Chicago) May

Teso Edoardo (Kellogg School of Management, Northwesten) June - July

Tsoy Anton (University of Toronto) June

Ulbricht Robert (Boston College) July

Wee Shu Lin (Carnegie Mellon University) May

Yannelis Constantine (The University of Chiacgo Booth) June

 Yang David (Harvard University) May - June

Yared Pierre (Columbia University) June

Zafar Basit (Arizona State University) July

Zeira Joseph (Hebrew University of Jerusalem) April - May

Zhang Shuang (University of Colorado Boulder) May



Graziella Bertocchi



Full Professor, University of Modena and Reggio Emilia
President, Einaudi Institute for Economics and Finance
Director, Centre for Economic Research (RECent)


University of Pennsylvania, Ph.D., 1988
University of Modena, BA, 1980


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Research Interests

Macroeconomics, Comparative Development, Political Economy, Family Economics, Household Finance, Research Evaluation

Selected Publications

"Youth Enfranchisement, Political Responsiveness, and Education Expenditure: Evidence from the U.S." (with Arcangelo Dimico, Francesco Lancia and Alessia Russo), American Economic Journal: Economic Policy, forthcoming.

"The Long-Term Determinants of Female HIV Infection in Africa: The Slave Trade, Polygyny, and Sexual Behavior" (with Arcangelo Dimico), Journal of Development Economics 140, 2019, 90-105.

"Women, Medieval Commerce, and the Education Gender Gap" (with Monica Bozzano), Journal of Comparative Economics 44, 2016, 496-521.

"Bibliometric Evaluation vs. Informed Peer Review: Evidence from Italy" (with Alfonso Gambardella, Tullio Jappelli, Carmela Nappi and Franco Peracchi), Research Policy 44, 2015, 451-466.

"Slavery, Education, and Inequality" (with Arcangelo Dimico), European Economic Review 70, 2014, 197-209.

"Who Holds the Purse Strings within the Household? The Determinants of Intra-family Decision Making" (with Marianna Brunetti and Costanza Torricelli), Journal of Economic Behavior & Organization 101, 2014, 65-86.

"The Racial Gap in Education and the Legacy of Slavery" (with Arcangelo Dimico), Special Issue on Slavery, Colonialism and Institutions Around the World, Journal of Comparative Economics 40, 2012, 581-595.

"The Enfranchisement of Women and the Welfare State", European Economic Review 55, 2011, 535-553.

"Marriage and Other Risky Assets: A Portfolio Approach" (with Marianna Brunetti and Costanza Torricelli), Journal of Banking & Finance 35, 2011, 2902-2915.

"The Evolution of Citizenship: Economic and Institutional Determinants" (with Chiara Strozzi), Journal of Law and Economics 53, 2010, 95-136.

"The Law of Primogeniture and the Transition from Landed Aristocracy to Industrial Democracy", Journal of Economic Growth 11, 2006, 41-68.

"Did Colonization Matter for Growth? An Empirical Exploration into the Historical Causes of Africa's Underdevelopment" (with Fabio Canova), European Economic Review 46, 2002, 1851-1871.

Honors, Awards and Fellowships

Research Fellow: CEPR and IZA

Research Associate: CHILD-CCA

Member: Academia Europaea and Dondena


Phone: +39.06.6790013
Fax: +39.06.4792.4872
E-mail: graziella.bertocchi[at]
Web :

Alexey Makarin



Assistant Professor, Einaudi Institute for Economics and Finance


Northwestern University, Ph.D., 2019
Northwestern University, M.A., 2014
Higher School of Economics, Moscow, B.A., 2012


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Research Interests

Political Economy, Development Economics, Applied Microeconomics.


"Social Media and Protest Participation: Evidence from Russia” (with Ruben Enikolopov and Maria Petrova), Econometrica, forthcoming

Can Online Off-The-Shelf Lessons Improve Student Outcomes? Evidence from A Field Experiment” (with Kirabo Jackson), American Economic Journal: Economic Policy, August 2018, vol. 10, no. 3, pp. 226-254

Reducing Bureaucratic Corruption: Interdisciplinary Perspectives on What Works” (with Jordan Gans-Morse, Mariana Borges, Theresa Mannah-Blankson, Andre Nickow, and Dong Zhang), World Development, May 2018, vol. 105, pp. 171-188

Working Papers

Trading with the Enemy: The Impact of Conflict on Trade in Non-Conflict Areas” (with Vasily Korovkin)

National or Sub-National Parties: Does Party Geographic Scope Matter?” (with Ricardo Pique and Fernando Aragon)

Social Image, Networks, and Protest Participation” (with Ruben Enikolopov, Maria Petrova, and Leonid Polishchuk)


Phone: +39.06.4792.93556
Fax: +39.06.4792.4872
E-mail: alexey.makarin[at]


International Research Conference on: "Recent Trends in Firm Organization and Firm Dynamics: Determinants and Future Challenges"

December 9 -10, 2019
Bank of Italy, Rome

Banca d’Italia and Banque de France in collaboration with Sciences Po, EIEF and CEPR have organized a research conference on "Recent trends in firm organization and firm dynamics" to be held in Rome on December 9-10, 2019. The conference aimed to create a forum for discussion on issues related to the recent patterns of firms activity, the organization of production and financing decision, as well as their determinants, consequences and implications for policymaking. It featured keynote speeches by Jan Eeckhout (UPF Barcelona), Thierry Mayer (Sciences Po) and Stefanie Stantcheva (Harvard). Program.


Politica Economica - Journal of Economic Policy (PEJEP)
Memorandum for a Tax Reform

July 10, 2019

EIEF, Rome

EIEF hosted the presentation of the Memorandum for a Tax Reform. The Italian fiscal policy system is already 50 years old. In the meanwhile, the share of labor income on the GDP has decreased substantially and fiscal competition has lowered effective personal and corporate tax rates. In addition to tax evasion, taxation on multinationals and property taxes, there is now public debate on topics such as flat tax and environmental taxes. In this workshop, Vincenzo Visco presented comprehensive tax reform that was discussed with a group of economists and tax law experts. The event was held in Italian. For further information see the Program.

5th Summer Workshop in Political Economy

June 24-25, 2019

EIEF, Rome

EIEF hosted the “5th Summer Workshop in Political Economy”. The aim was to analyze topics related to the institutional underpinning of fiscal policies. The workshop focused on research at the intersection of political economy, public finance, and macroeconomics. Topics of interest included: (i) the political determination of public policies (fiscal and monetary policy, social insurance, taxation, transfer programs, public investment, public employment, regulation, education, and health); (ii) the effects of political reforms; (iv) the impact of budgeting rules; (v) political polarization and partisan conflict; (vi) economic policy uncertainty and its determinants. The members of the organizing committee were: Marina Azzimonti (Stonybrook), Facundo Piguillem (EIEF) and Alessandro Riboni (Ecole Polytechnique). For further information see the Program.

4th Rome Junior Conference on Applied Microeconomics

June 20-21, 2019

EIEF, Rome

EIEF hosted the “4th Rome Junior Conference on Applied Microeconomics”. The  aim was to foster interaction and dissemination of research idea among researchers active in different areas of applied microeconomics. The selection of presenters gave preference to faculty at the early stages of their career. The organizers were: Francesco Decarolis (Bocconi University), Thibaut Lamadon (University of Chicago), Chirstopher Neilson (Princeton University), Andrea Pozzi (EIEF), Pietro Tebaldi (University of Chicago) and Michela Tincani (UCL). For further information see the Program.

8th Rome Conference on Macroeconomics (aka Pizzanomics)

June 10-11, 2019

EIEF, Rome

EIEF hosted the “8th Rome Conference on Macroeconomics”, a.k.a. Pizzanomics. The aim was to bring together junior economists from around the world with a strong interest in Macroeconomics, and to generate a friendly environment with intensive interaction, not only during the presentations but also informally before and after. The organizers were: Guillermo Ordoñez (University of Pennsylvania), Luigi Paciello (EIEF), Facundo Piguillem (EIEF), and Nicholas Trachter (FED, Richmond). For further information see the Program.

4th Rome Junior Finance Conference

June 4-5, 2019

EIEF, Rome

EIEF hosted the “4th Rome Junior Finance Conference”. The goal of the conference was to bring together junior researchers active in empirical and theoretical finance and create an opportunity for informal discussions and other academic-related activities. The organizers were: Sergei Kovbasyuk (EIEF), Adrien Matray (Princeton), Andrea Polo (LUISS, EIEF), Anton Tsoy (EIEF) and Luana Zaccaria (EIEF). For further information see the Program.

“Austerity: when it works and when it doesn't”
Book Presentation

April 2, 2019

EIEF, Rome

EIEF hosted the presentation of Carlo Favero and Francesco Giavazzi’s new book, written together with Alberto Alesina.
The book gathers and analyzes data from 16 countries whose government had carried out austerity programs, especially those adopted in Europe post 2010 Greek crisis, and one clear result has emerged: cutting expenditures is less damaging for growth than increasing taxes.
There was an open discussion between the writers and Ignazio Visco, Marco Pagano and Luigi Paciello. For further details please see the Program.

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