AXA Professor of Household Finance and Insurance, Einaudi Institute for Economics and Finance (EIEF)
Fellow, Centre for Economic Policy Research (CEPR)
London School of Economics and Political Science, Msc, 1980
University of Essex, Mphil, 1982
Household Financial and Savings Choices, Preference Measurement and Formation, Culture and Economics, Macroeconomics and Finance.
“Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality“, (with A. Fagereng, D. Malacrino and L. Pistaferri), American Economic Review P&P, 2016, Volume 106, Issue 5, pages 651-655.
“Asset Market Participation and Portfolio Choice over the Life-Cycle”, (with A. Fagereng and C. Gottlieb), Journal of Finance, forthcoming.
“Cultural Differences and Institutional Integration“, (with H. Herrera and M. Morelli), Journal of International Economics, 2016, Volume 99, Supplement 1, pages 1013-1036.
“The Right Amount of Trust“, (with J. Butler and P. Giuliano), Journal of the European Economic Association, forthcoming.
“Long-Term Persistence“, (with P. Sapienza and L. Zingales), Journal of the European Economic Association, forthcoming.
“Monnet’s Error?“, (with P. Sapienza and L. Zingales), Economic Policy, 2016, Volume 31, Issue 86, pages 247-297.
“Trust and Cheating“, (with J. Butler and P. Giuliano), Economic Journal, forthcoming.
“Trust, Values and False Consensus“, (with J. Butler and P. Giuliano), International Economic Review, 2015, 56 (3): 889-915.
“The Value of Corporate Culture“, (with P. Sapienza and L. Zingales), Journal of Financial Economics, 2015, 117 (1): 60-76.
“Matching Firms, Managers, and Incentives“, (with O. Bandiera, A. Prat and R. Sadun), Journal of Labor Economics, 2015, 33 (3): 623-681.
“The Determinants of Attitudes toward Strategic Defaults on Mortgages“, (with P. Sapienza and L. Zingales), Journal of Finance, 2013, 68(4): 1473-1515.
“Credit within the Firm“, (with F. Schivardi and L. Pistaferri), Review of Economic Studies, 2013, 80(1): 211-247.
“Durable Consumption and Asset Management with Transaction and Observation Costs“, (with F. Alvarez and F. Lippi), American Economic Review, 2012, 102(5): 2272-2300.
Back to Background Risk?, (with A. Fagereng and L. Pistaferri), EIEF WP, 16/02, January 2016.
Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality, (with A. Fagereng, D. Malacrino and L. Pistaferri), EIEF WP 16/01, January 2016.
Learning Entreprenership from other Entrepreneurs?, (with L. Pistaferri and F. Schivardi), EIEF WP 15/12, November 2015.
The Supply Side of Household Finance, (with G. Foà, L. Gambacorta and P.E. Mistrulli), EIEF WP 07/15, July 2015.
Time Varying Risk Aversion, (with P. Sapienza and L. Zingales), NBER WP 19284, August 2013, and EIEF WP 22/13, September 2013.
Manipulating Reliance on Intuition Reduces Risk and Ambiguity Aversion, (with J. Butler and T. Jappelli), CEPR Discussion Papers 9461, May 2013 and EIEF WP 01/13, January 2013.
Honors, Awards and Fellowships
American Finance Association, 2009 Smith Breeden Prize award for the paper “Trusting the Stock Market”, with Paola Sapienza and Luigi Zingales
Marshall Lecture: “Social Capital as Culture”, 2007 European Economic Association, Budapest
Phone : 0039 06 4792.4858
Fax : 0039 06 4792.4872