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Research Macrofinance

A New Initiative for Young Finance Researchers Launched

, by Ezio Renda
The Economics Letters PhD Summer School is designed to discuss new research on some of the most pressing issues in finance

This week, Bocconi University hosted the first edition of the Economics Letters PhD Summer School. The event featured lectures by Prof Sydney Ludvigson (NYU), Zhigou He (Stanford University), Eric Young (University of Virginia), and Max Croce (Bocconi University, pictured). PhD students from nine different European Institutions (HEC Paris, INSEAD, Stockholm University, Institute for International Economic Studies, University of Warwick, Swiss Finance Institute Lugano, ETH Zurich, Université catholique de Louvain, Geneva Graduate Institute, and the University of Bonn) attended this event focused on MacroFinance.  

This academic event reflects the relevance of the Bocconi Finance Department as a central research hub for MacroFinance, and, more broadly, for asset pricing in Europe. In addition, the participants discussed novel research about GreenTech conducted within the Bocconi FinTech Lab. This research focuses on new FinTech tools that can address both climate-related challenges and potential distortions in new markets related to CO2 offsets. 

PhD students shared their cutting-edge research on various topics: the effects of long-term fiscal policy on private investments, the impact of Big Data on business cycles, the role of inflation expectations for expected corporate growth, new platforms for retail traders, the disruptive effects on anti-abortion laws on the corporate job market and the relevance of corporate debt as a bargaining power device in the healthcare sector.  

The event has been organized by the Bocconi Finance Department, in collaboration with Elsevier and the Bocconi FinTech Lab.