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

Religious and Racial Discrimination Attitudes: Evidence From a Contemporary and a Historical Context

Despite a large literature focusing on the outcomes of religious and racial discrimination, there is little empirical evidence on whether discriminatory attitudes change over the long-term, and through which mechanism. The main challenges are the measurement of attitudes and finding a context in which to study their interaction with demographic, economic, and institutional dynamics.

Experimenting with Climate Change: A Behavioral Approach to Foster Cooperation

This project aims at evaluating an extended set of climate strategies in a scientifically robust way and has the potential to advance both the economics profession, as well as the policy dialogue among the many stakeholders –citizens, government and the private sector- who are called to manage the climate change challenge.

Multiple Criteria Decision Analysis and Multiple Criteria Decision Theory

The augmented complexity of decision challenges (ranging from catastrophic risks to artificial intelligence) and their management call for a reunification of Decision Theory and Decision Analysis with the objective of mutual renewal and enhancement, permitting to take effectively into account multifaceted uncertainties and their multidimensional consequences.

Origins and Transmission of Financial Market Risks

This project seeks to make progress on the causes and consequences of financial instability, after the 2008 financial crisis.

The Impact of the Diffusion of Algorithms on Prices in Online Marketplaces: Efficiency or Collusion?

This research projects aims at contributing to the understanding of how algorithmic pricing might enhance collusive behavior.

POPULIZATION - Behavioral Foundations of Populism and Polarization

Why are populist parties more successful in some places (or times) compared to others? What makes right or left populism more prominent in some countries (or after certain crises)? This ERC Starting grant tackles these questions with the tools of behavioral political economy.