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Luigi Pistaferri

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Luigi Pistaferri
Born1968 (1968)
Naples, Italy
Citizenship
  • Italy
  • United States
Academic career
FieldFinancial economics
InstitutionStanford University
Alma materUniversity College London (PhD)
Istituto Universitario Navale (Bachelor's degree)
Bocconi University (Master's degree)

Luigi Pistaferri (born 1968) is an Italian-American economist [1]and the Ray Lyman Wilbur Professor of Economics at Stanford University.[2] He is known for his research in labor and macroeconomics, focusing on family consumption, labor supply, welfare reform, and inequality. [3][4]He is also a research fellow at the National Bureau of Economic Research (NBER), the Centre for Economic Policy Research (CEPR), the Institute for the Study of Labor (IZA), and a faculty affiliate at the Stanford Center on Longevity. [5]He is the co-Director or GRID (Global Repository of Income Dynamics). [6]During the period 2012-17 he served as a co-editor of the American Economic Review[7]; he is currently one of the co-editors of the Journal of Political Economy.[8] He is the author (with frequent collaborator Tullio Jappelli) of the book The Economics of Consumption: Theory and Evidence.[9]

Biography

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Pistaferri was born in Naples, Italy, in 1968. [10]He earned his undergraduate degree in International Trade and Foreign Exchange Markets from the Istituto Universitario Navale (IUN, now Parthenope University) in 1993.[11] He then completed a Master's in Economics at Bocconi University in Milan in 1995.[12] Pistaferri went on to earn his Ph.D. in Economics from University College London in 1999 and later obtained a Doctorate in Economic Sciences from IUN in 2001.

Academic career

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Pistaferri joined Stanford University in 1999 as an Assistant Professor in the Department of Economics.[13] He was promoted to Associate Professor in 2006 and to full Professor in 2011. [11]Since 2013, he has held the position of Ralph Landau Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR).[5] Pistaferri has also held several visiting academic positions, including a Bajola Parisani Visiting Chair in Economics and Institutions at the Einaudi Institute for Economics and Finance in Rome during 2011-2012[14], a "Franco Modigliani" Visiting Professorship at the University of Naples "Federico II" in 2018-19, and a University of Chicago Griffin Economics Incubator Distinguished Visitor position in 2024-25.[5]

Before joining Stanford, Pistaferri worked as a research economist at the Institute for Fiscal Studies in London from 1998 to 1999.[4]

Pistaferri is one of the co-authors of a paper that found a significant relationship between income inequality and consumption inequality over the past two decades.[15] His work often incorporates large-scale datasets and quantitative methods to analyze families' and individuals' behavior in response to economic policy changes.[16]

Awards

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Selected publications

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  • Blundell, Richard; Pistaferri, Luigi; Preston, Ian (2008-11-01). "Consumption Inequality and Partial Insurance". American Economic Review. 98 (5): 1887–1921. doi:10.1257/aer.98.5.1887. hdl:10419/71465. ISSN 0002-8282.

See also

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References

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  1. ^ Edsall, Thomas B. (2013-01-31). "The Hidden Prosperity of the Poor". Opinionator. Retrieved 2025-01-28.
  2. ^ "Using economics to understand the wide-reaching impacts of overturning Roe v. Wade". news.stanford.edu. Retrieved 2025-01-28.
  3. ^ Frank, Robert (2012-04-27). "Do the Wealthy Work Harder Than the Rest?". Wall Street Journal. ISSN 0099-9660. Retrieved 2025-01-28.
  4. ^ a b "Luigi Pistaferri". ifs.org.uk. Retrieved 2025-01-28.
  5. ^ a b c d "Lecture by Prof. Luigi Pistaferri - Faculté d'économie et de management - UNIGE". www.unige.ch (in French). 2018-05-17. Retrieved 2025-01-28.
  6. ^ "The Global Repository of Income Dynamics (GRID) Project". MEBDI. Retrieved 2025-01-28.
  7. ^ "Editors of the American Economic Review". www.aeaweb.org. Retrieved 2025-01-28.
  8. ^ "Luigi Pistaferri | IZA - Institute of Labor Economics". www.iza.org. Retrieved 2025-01-28.
  9. ^ I.;Matsumoto,Brett;Schild,Jake;Curtin,Scott;Safir,Adam, Garner,Thesia. "Developing a consumption measure, with examples of use for poverty and inequality analysis: a new research product from BLS". Bureau of Labor Statistics. Retrieved 2025-01-28.{{cite web}}: CS1 maint: multiple names: authors list (link)
  10. ^ "Luigi Pistaferri | IDEAS/RePEc". ideas.repec.org. Retrieved 2025-01-28.
  11. ^ a b "Pistaferri's research is mainly on household choices: consumption". Equitable Growth. Retrieved 2025-01-28.
  12. ^ a b "Pistaferri 60th Economic Conference". www.bostonfed.org. Retrieved 2025-01-28.
  13. ^ "2019-2020 GCER Distinguished Visitor Series". Georgetown Center for Economic Research. Retrieved 2025-01-28.
  14. ^ "Bajola Parisani Chair". www.eief.it. Retrieved 2025-01-28.
  15. ^ Drum, Kevin. "Chart of the Day: Consumption Inequality and Income Inequality Have Both Skyrocketed". Mother Jones. Retrieved 2025-01-28.
  16. ^ "Global trends in income inequality and income dynamics: New insights from GRID". CEPR. 2022-12-22. Retrieved 2025-01-28.
  17. ^ "Using economics to understand the wide-reaching impacts of overturning Roe v. Wade". news.stanford.edu. Retrieved 2025-01-28.
  18. ^ "Fellows of the Econometric Society July, 2020". Econometrica. 88 (4): 1773–1789. 2020. doi:10.3982/ECTA884FES. ISSN 1468-0262.
  19. ^ Duflo, Esther (2020). "American Economic Review". AEA Papers and Proceedings. 110: 660–674. ISSN 2574-0768.
  20. ^ a b https://cap.stanford.edu/profiles/frdActionServlet?choiceId=printerprofile&profileversion=full&profileId=55937 Luigi pistaferri teaching prize
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