Luigi Guiso
Affiliations
AXA Professor of Household Finance, Einaudi Institute for Economics and Finance (EIEF)
Fellow, Centre for Economic Policy Research (CEPR)
Education
London School of Economics and Political Science, Msc, 1980
University of Essex, Mphil, 1982
CV
Research Interests
Household Financial and Savings Choices, Preference Measurement and Formation, Culture and Economics, Macroeconomics and Finance.
Selected Publications
"Heterogeneity and Persistence in Returns to Wealth", (with A. Fagereng, D. Malacrino and L. Pistaferri), Econometrica, forthcoming.
"Investment in Financial Information and Portfolio Performance" (with T. Jappelli), Economica, forthcoming.
The Supply Side of Household Finance, (with G. Foà, L. Gambacorta and P.E. Mistrulli), Review of Financial Studies, 2019, Volume 32, Issue 10, pages 3762-3798.
"Global Crises and Populism: the Role of Eurozone Institutions" (with Helios Herrera, Massimo Morelli and Tommaso Sonno), Economic Policy, 2019, Volume 34, Issue 97, pages 95-139.
"What drives women out of management? The joint role of testosterone and culture" (with A. Rustichini), European Economic Review, 2018, Volume 109, pages 221-237.
“Portfolio Choices, Firm Shocks and Uninsurable Wage Risk", (with A. Fagereng and L. Pistaferri), Review of Economic Studies, 2018, 85 (1): 437-474.
“Firm-Related Risk and Precautionary Saving Response“, (with A. Fagereng and L. Pistaferri), American Economic Review P&P, 2017, 107 (5): 393-397.
“Time Varying Risk Aversion“, (with P. Sapienza and L. Zingales), Journal of Financial Economics, 2018, Volume 128, Issue 3, pages 403-421.
“Asset Market Participation and Portfolio Choice over the Life-Cycle”, (with A. Fagereng and C. Gottlieb), Journal of Finance, 2017, 72 (2): 705-750.
“Long-Term Persistence“, (with P. Sapienza and L. Zingales), Journal of the European Economic Association, 2016, 14 (6): 1401-1436.
“Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality“, (with A. Fagereng, D. Malacrino and L. Pistaferri), American Economic Review P&P, 2016, 106 (5): 651-655.
“Cultural Differences and Institutional Integration“, (with H. Herrera and M. Morelli), Journal of International Economics, 2016, 99 (Supplement 1): 1013-1036.
“The Right Amount of Trust“, (with J. Butler and P. Giuliano), Journal of the European Economic Association, 2016, 14 (5): 1155-1180.
“Monnet’s Error?“, (with P. Sapienza and L. Zingales), Economic Policy, 2016, 31 (86): 247-297.
“Trust and Cheating“, (with J. Butler and P. Giuliano), Economic Journal, 2016, 126 (5): 1703-1738.
“Trust, Values and False Consensus“, (with J. Butler and P. Giuliano), International Economic Review, 2015, 56 (3): 889-915.
“The Value of Corporate Culture“, (with P. Sapienza and L. Zingales), Journal of Financial Economics, 2015, 117 (1): 60-76.
“Matching Firms, Managers, and Incentives“, (with O. Bandiera, A. Prat and R. Sadun), Journal of Labor Economics, 2015, 33 (3): 623-681.
“The Determinants of Attitudes toward Strategic Defaults on Mortgages“, (with P. Sapienza and L. Zingales), Journal of Finance, 2013, 68(4): 1473-1515.
“Credit within the Firm“, (with F. Schivardi and L. Pistaferri), Review of Economic Studies, 2013, 80(1): 211-247.
“Durable Consumption and Asset Management with Transaction and Observation Costs“, (with F. Alvarez and F. Lippi), American Economic Review, 2012, 102(5): 2272-2300.
Working Papers
“Distorted Advice in Financial Markets: Evidence from the Mortgage Market” (with Leonardo Gambacorta, Paolo Mistrulli, Andrea Pozzi and Anton Tsoy), EIEF WP 17/13, October 2017
From Weber to Kafka: Political Instability and the Rise of an Inefficient Bureaucracy, (with G. Gratton, C. Michelacci and M. Morelli), EIEF WP 17/08, June 2017 (R&R at the American Ecomic Review).
Demand and Supply of Populism, (with H.Herrera, M. Morelli and T. Sonno), EIEF WP 17/03, February 2017.
Learning Entreprenership from other Entrepreneurs?, (with L. Pistaferri and F. Schivardi), EIEF WP 15/12, November 2015.
Manipulating Reliance on Intuition Reduces Risk and Ambiguity Aversion, (with J. Butler and T. Jappelli), CEPR Discussion Papers 9461, May 2013 and EIEF WP 01/13, January 2013.
Honors, Awards and Fellowships
European Economic Association, 2018 Hicks-Tinbergen Medal for the paper "Long-Term Persistence", with Paola Sapienza and Luigi Zingales
American Finance Association, 2009 Smith Breeden Prize award for the paper “Trusting the Stock Market”, with Paola Sapienza and Luigi Zingales
Marshall Lecture: “Social Capital as Culture”, 2007 European Economic Association, Budapest
Contacts
Phone : 0039 06 4792.4858
Fax : 0039 06 4792.4872
E-mail: luigi.guiso55[at]gmail.com
