PRIN grants

The aim of the present project is to study the nonlinear effects of monetary and fiscal policy by using a simple extension of standard VAR methods.

We study how the process of information generation, transmission and revelation affect firms’ performance and workers’ careers.

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. 

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.

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.

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

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

We study six aspects for which social networks amplify and propagate inefficient failures through local interactions, because agents do not internalize the negative externalities that their local behavior have, and the network works as a multiplier in the propagation of failures, or as a constraint in the flow of information. Each project is theoretical, but has empirical applications.

What determines the extent to which a social norm influences individual behavior? And how do norms evolve over time? These are the general questions motivating this project. 

All the participants to the research project share the view that financial markets imperfections may have a major role in generating, transmitting and amplifying economic instability, as well as in affecting the long run growth path of an economy.