Ongoing Projects

On Focus

Financial Institutions and Development - prof. Nicola Limodio

This project plans to study the political economy frictions behind financial regulation in Africa. Combining bank balance sheets and information on bank chief executive officers (CEOs), we will measure the ethnic connotation of banks and the co-ethnicity between CEOs and regulators.

Great Expectations: Macroeconomic Implications of Forecasting Behavior- prof. Luigi Iovino

The goal of this proposal is to advance the research frontier on expectations formation and their economic impact. The proposal, through the provision of novel empirical evidence and the design of a new theoretical framework, can guide future research and better inform policy decisions.

Monopsony Power and Inequality - prof. Tito Boeri

The project investigates how monopsony power, where employers hold significant market power over labor, contributes to increasing wage inequalities and other labor market inefficiencies. It aims to understand the sources of monopsony power, which can include anti-competitive labor practices such as "no-compete" agreements, as well as cognitive biases affecting workers' decisions to leave low-paying jobs. It also aims to assess how these factors affect various socio-economic groups within the workforce.

Memory, Beliefs, and Economic Decisions- prof. Nicola Gennaioli

This project builds on the psychology of memory to study how selective retrieval affects economic decisions by shaping beliefs and preferences.

ALL ONGOING PROJECTS

The Organizational Economics of Banking: Evidence from Ethiopia

This project seeks to collect new data on the organizational economics of bank branches.

The Psychology of Attention, Economic Behaviour and Policy Interventions

We plan to study theoretically and empirically the role of attention - shaped by selective memory and stimulus salience in economic decisions and policy interventions.

Algorithms and economic choices

This project analyzes the economic consequences of the increasing use of algorithms in many different fields including search engines movie and music platforms and online marketplaces.

Monopsony Power and Inequality

The purpose of this project is to collect evidence on the sources of monopsony power in Italy and other European countries and to characterize their role in wage and working conditions inequality.

Persistent Slumps, Policy, and Heterogeneity

The project develops new theoretical frameworks to understand (i) the role of stabilization policies during persistent economic slumps and (ii) how the effects of those policies depend on the degree of heterogeneity in the economy.

Memory, Beliefs, and Economic Decisions

This project builds on the psychology of memory to study how selective retrieval affects economic decisions by shaping beliefs and preferences.

Non-Traded Assets in Over-the-Counter Markets

Many financial assets trade in decentralized over-the-counter (OTC) markets, that is, there is no centralized marketplace and investors need to search for counterparties that are willing to trade.

Global Preferences and Cognition Panel

This project details an important extension to the ERC Starting Grant 852526 awarded to the Principal Investigator in 2019, “Behavioral Foundations of Populism and Polarization” (POPULIZATION).

InfoEcoScience - Information Economics for Science

The project develops foundational tools in the organizational economics, given the uncertainty shrouding even the most promising research projects, information plays a key role in the organization of science.

EDIPO - Education, Diversity, Innovation, and Politics

The over-arching goal of this ERC Starting grant is to study the extremely important phenomena that link education and governments' policies through the lenses of quantitative economic history.