News

• Clarity of Laws and Economic Impact: Luigi Guiso Delivers the Fourth Ugo La Malfa Lecture 2025-11-25

  On November 19, 2025, Prof. Luigi Guiso delivered the Fourth Ugo La Malfa Lecture [text available only in Italian] in the Parliamentary Groups Hall, addressing the growing opacity of Italian legislation and its implications for citizens and the economy. Highlighting the contrast between the Constitution’s clear language and today’s complex legal drafting, Prof. Guiso examined whether the principle that “ignorance of the law is no excuse” can still hold in such a context. He also discussed the economic consequences of unclear rules and outlined possible remedies to improve transparency and restore trust in the legal system.

• New Working Papers 2025-11-06

  "Fiscal Unions with Present Biased Governments" by Facundo Piguillem (with Jacopo Orlandi), “Fiscal Rules and Discretion with Risk of Default” by Facundo Piguillem (with Chiara Felli and Liyan Shi), “Hyperbolic Discounting with Random Gratification” by Facundo Piguillem (with Liyan Shi) and "Optimal Redistribution with Government Debt" by Facundo Piguillem (with Kirill Shakhnov). More ...

• Junior Job Market: 1 Opening for Assistant Professors 2025-10-22

  EIEF will participate in the upcoming Job Market. Shortlisted candidates will be invited for virtual interviews between December 10 and 17, 2025. For more information, see the full Announcement.

• New visiting positions available 2024-07-01

  We have available several visiting positions for young and established scholars in the academic year 2026. More …

• Welcome 2014-02-14

  The Einaudi Institute for Economics and Finance produces world-class research, with an emphasis on policy relevant topics. It also aims to improve the quality of higher education in economics and finance in Italy by organizing advanced graduate level courses, high-quality seminars and conferences. More....