Research Fellows

Anna Battauz
Anna holds a degree in mathematics from Udine university and a PhD in financial mathematics from the Scuola Normale Superiore in Pisa. She has been academic guest at ETH in Zurich, and is Associate Professor of Mathematical Finance at the Finance Department, Bocconi University, since 2005. From 2001 to 2005 she was Assistant Professor of mathematical finance at the Institute of Quantitative Methods at Bocconi University. Anna’s research focuses on asset pricing and derivatives.
Ariela Caglio
Ariela Caglio is an Associate Professor of Management Accounting and Control at the Accounting Department of Bocconi University. Her research interests primarily rest in performance measurement and control systems for inter-firm networks, the evolution of the accounting profession, integrated reporting and compensation design. She is particularly fascinated by studying fashion firms and the soccer industry.
Stefano Caselli
Stefano Caselli is a Full Professor of Banking and Finance at Bocconi University, where is Dean for International Affairs. He received his Ph.D in Siena University in 1997 and his research examines the relationship between the investment banking sector and corporations, with a specific focus on corporate governance, regulation and financial services supply, in particular private equity and venture capital, corporate lending and structured finance. He has got a long experience as independent board member of financial institution and corporations. He acts as columnist for "L'Economia del Corriere".
Italo Colantone
Italo Colantone is Assistant Professor of Economics at Bocconi University. He holds a Ph.D. in Economics from the Catholic University of Leuven (KUL). He teaches European economic integration and macroeconomics. His research focuses on international trade, applied industrial organisation, and political economy. He has authored several articles on the effects of economic integration on firm performance, industry dynamics, and political outcomes. His research has been published in leading journals such as the American Journal of Political Science and the Journal of International Economics. He has been involved in several research projects for the European Commission, and has acted as a consultant for the OECD.
Paolo Colla
Paolo Colla is Associate Professor of Finance at Bocconi University. He holds a PhD in Finance from the London School of Economics and Political Science and a MSc in Economics and Finance from Universitat Pompeu Fabra. He has been visiting professor at IE Business School and Princeton University. He has published in the Journal of Corporate Finance, the Review of Financial Studies, and the Journal of Finance on the topics of asset pricing and corporate finance. He is also a member of the Group of Economic Adivsors (GEA) at the European Securities and Markets Authority (ESMA).
Filippo De Marco
Filippo De Marco is an assistant professor of Finance at Bocconi University. He earned a Ph.D. in Economics from Boston College in 2015 and a MSc in Economics from the University of Bologna in 2010. He completed his bachelor at the University of Padova (2008). His main research area are empirical banking and monetary economics, with a special focus on how shocks to bank balance sheets are transmitted to the real economy. His research has been published in the Journal of Financial and Quantitative Analysis.
Veljko Fotak
Veljko’s research is focused on international corporate finance, with a particular emphasis on state capitalism, sovereign wealth funds, and, in broader terms, on the impact of government ownership on firm behavior, performance, and valuation. Veljko’s research has been published in leading academic journals, including the Journal of Financial Economics and the Review of Financial Studies, and has been cited in the The Wall Street Journal, the Financial Times, the New York Post, on Bloomberg, and other media outlets. Veljko teaches courses on corporate finance and international financial management for both undergraduate and graduate students. Veljko earned a BS degree in Business Administration, an MBA with a concentration in Finance and an MS in Applied Statistics at the Rochester Institute of Technology, in Rochester, NY and a PhD in Finance at the University of Oklahoma.
Chiara Fumagalli
Chiara Fumagalli is Avv. Giovanni Agnelli Associate Professor of Economics at Bocconi University. Her research covers industrial organization, competition policy and corporate finance. Much of her recent work has been concerned with the economics of exclusionary practices and the activity of diversified business groups. Her research in these areas has been published in leading academic journals, such as the American Economic Review, the Journal of Financial Economics and the Rand Journal of Economics. She is Research Fellow of the CEPR and associate of CRESSE. She has been appointed by the European Commissioner member of the Economic Advisory Group on Competition Policy (EAGCP).
Alberto Manconi
Alberto Manconi is Assistant Professor of Finance at Bocconi University. After graduating from his PhD at Insead in 2010, Alberto worked for six years in the Finance Department at Tilburg University (Netherlands). He joined Bocconi in September 2016. Alberto's research interests revolve around institutional investors (especially mutual funds), their performance, their impact on the firms whose stocks they hold, their internal organization, and their effect on market efficiency and stability. Alberto's research has been presented at all major international conferences in the field of financial economics (AFA, WFA, EFA, FIRS), and it has been published in leading journals such as the Journal of Financial Economics, the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, and the Review of Finance.
Massimiliano Marcellino
Massimiliano Marcellino is a full professor of Econometrics in the Economics Department of Bocconi University and a fellow of CEPR, IGIER and EABCN. Previously, he held the Pierre Werner Chair on the Monetary Union at the European University Institute, where he was also the Director of the Department of Economics. He has published over eighty academic articles in leading international journals on econometrics, applied macroeconomics, economic statistics and forecasting, his main areas of research and teaching. He is currently an editor of the Journal of Forecasting and the coordinator of the European Forec.
Tommaso Monacelli
Tommaso Monacelli is Professor of Economics at Università Bocconi, Milan, and Fellow of IGIER, CEPR and Kiel Institute for the World Economy. He holds a Ph.D. in Economics from New York University, and has been previously Associate Professor at Bocconi and Assistant Professor at Boston College. He is currently Managing Editor of Economic Policy, and Associate Editor of the Journal of the European Economic Association, of the Journal of Money Credit and Banking, and of the IMF Economic Review. He has been Adjunct Professor at Columbia University, Visiting Professor at Central European University, research consultant for the ECB and the OECD, and Visiting Scholar at IMF, ECB and Riksbank. He has published in several international scientific journals. His research interests are in open economy macroeconomics to monetary economics.
Florian Nagler
He is an Assistant Professor of Finance at Bocconi University. He received his PhD in 2016 from the Vienna Graduate School of Finance. His research interests are in the field of credit and liquidity risk in over-the-counter markets, as well as topics related to the intersection of asset pricing and corporate finance. He has presented his research at all major finance conferences and published in the Journal of Financial Economics.
Tommaso Nannicini
Full Professor of Economics at Boccony University and visiting professor at Harvard University. He has been visiting professor at Madrid Carlos III University and research fellow at MIT, EIEF, IMF and Barcelona Pompeu Fabra University. His works have been published by some of the most important scientific journals like American Economic Review and American Political Science Review. In 2015 he won an ERC Consolidator Grant: Political Mind: Explaining Politicians’ and Voters’ Behavior . In 2014 he was appointed as economic adviser by Italian Prime Minister Matteo Renzi and in 2016 he has been Undersecretary for the Prime Minister with responsability of economic, social and research policies.
Fulvio Ortu
Full Professor at the Department of Finance, Bocconi University. Vice Rector and Dean for International Affairs from 2008 to 2012. Dean of Bocconi PhD School from 2004 to 2008. Prior to Bocconi: assistant professor at the Department of Finance and Business Economics of the Marshall School of Business, University of Southern California, from 1998 to 2002. Prior to that: assistant professor at the Department of Applied Mathematics at the Università di Trieste, visiting assistant professor in the Finance and Economics Division, Columbia Business School, Columbia University, and visiting lecturer in the Department of Finance, University of Illinois at Urbana-Champaign.
Gianmarco Ottaviano
Gianmarco I.P. Ottaviano is Professor of Economics at Bocconi University and at the London School of Economics and Political Science where he is the Director of the Trade Programme at the Centre for Economic Performance. He is the co-author of many works in international trade, urban economics and economic geography. His recent publications focus on the competitiveness of firms in the global economy as well as the economic effects of immigration and offshoring on employment and wages.
Francesco Passarelli
Francesco Passarelli is Associate Professor of Economics at the University of Turin, and Contract Professor of European Political Economy at Bocconi University, Milan. He received his BA in Economics from Bocconi University, an MA from Université Catholique de Louvain, and his PhD in Economics from Bocconi University. He spent extended visiting periods at Dartmouth College and at Harvard University. His research focuses on Political Economics, with particular emphasis on psychological aspects of individuals’ economic behavior. He also does research on Voting Systems within the European Union, on International Sanctions, and on Bank-Bailout Policy. Francesco’s work has been published in numerous academic journals, such as the Journal of Political Economy and the Journal of Public Economics. His papers and additional information can be found at www.francescopassarelli.com.
Nicola Pavoni
After obtaining the PhD in Mathematic for Economic Decisions from the University of Trieste (January 1999) and the PhD in Economics from the Universitat Pompeu Fabra in Barcelona (October 2000), he started his academic career at the University College London. In 2010, he joined the Bocconi University from the University College London where he was Professor of Economics. He is now Full Professor of Economics in Bocconi where he is also the Program Director of the PhD in Economics and Finance. From January 2018 he is editor of the Journal of the European Economic Association. His research interests range from Macroeconomic Theory, Economics of Information, Public Finance, Consumption Theory, Labour Economics and Behavioural Economics. His work has been published in Econometrica, the Review of Economics Studies, the Journal of Economic Theory, the Journal of Monetary Economics, the Journal of the European Economic Association, the Economic Journal, the Journal of Public Economics and the International Economic Review, among others.
Luca Sala
Luca Sala is Associate Professor at the Department of Economics at Bocconi University. He holds a Phd in Economics from Università di Pavia and a PhD in Statistics and Economics from Universitè Libre de Bruxelles. He has extensively published in leading international economic journals, such as the Journal of Monetary Economics, the Journal of Econometrics, the American Economic Journal: Macroeconomics, the Economic Journal. He has taught courses at the Universidad Nova - Lisbon, University of Oslo, University of Copenhagen. He has visited the Central Bank of Norway, Denmark, the ECB. He has been a consultant for the IMF.
Alessandro Sbuelz
Alessandro graduated from the London Business School with a doctorate in Finance. He also holds degrees from Bocconi University (B.Sc. Economics - Laurea DES; M.Sc. Economics - MEc). His academic experience includes positions at Tilburg University, the European University Institute, and the University of Verona. He is currently an Associate Professor of Quantitative Finance at the Catholic University of Milan (http://docenti.unicatt.it/eng/alessandro_sbuelz/). Alessandro's research interests are in asset pricing, asset allocation, and credit risk. His work includes papers published in several academic journals (among them, Journal of Economic Dynamics and Control, Management Science, and Quantitative Finance).
Andrea Sironi
Andrea Sironi is Professor of Banking and Finance at Bocconi University in Milan, where he has been Rector from 2012 to 2016. Since January 2016, he is Chairman of Borsa Italiana SpA and, since October 2016, a member of the Board of Directors of the London Stock Exchange Group. He is currently also a member of the Board of Directors of Cassa Depositi e Prestiti SpA and of Cogentech Scarl. Professor Sironi research interests include Financial Risk Management and International Banking Supervision. He has published and edited many books and papers in international refereed journals on these subjects. Professor Sironi has also served as a consultant and board member for a number of major national and international financial institutions.
Claudio Tebaldi
Associate Professor Bocconi University in Quantitative Methods for Economics Finance and Insurance since 2011, with national qualification for full professorship from 2015. His research activity is concentrated in the area of Quantitative Methods for Economics Finance and Insurance with expertise in Asset pricing, Derivative pricing and hedging. He currently teaches Financial Economics, Advanced Derivatives, Risk Management and the Term Structure of Interest Rates in PhD and Master level courses held at Bocconi University and in other national and international academic institutions. In 2007 he received the price for the best paper of Swiss Econometrics and Finance Society meeting. In 2004 he has been invited visiting scholar of the Finance group of the Anderson School of Management, Univ. of California at Los Angeles and in 1998 of the Niels Bohr Institute for Theoretical Physics and Complex Systems Copenaghen. His research has been presented in leading european and american universities and investment banks and published on leading peer-reviewed journals.
Antonella Trigari
Antonella Trigari is an Associate Professor at the Department of Economics and a Research Fellow at CEPR. She is a Council Member of the European Economic Association. She has been Associate Editor at the Journal of Monetary Economics from 2009 to 2016 and a Panel member of Economic Policy from 2015. She specializes in Monetary Economics and Macro Labor. She has published several papers in leading economic journals including the Journal of Political Economy and the Journal of Monetary Economics.