Fabio Schiantarelli obtained his first degree from Bocconi University in Milano in 1974 and his M.Sc.and Ph. D. from the London School of Economics and Political Science in London in 1977 and 1981, respectively.  He is currently Professor of Economics in the Economics Department at Boston College. He has taught at Boston University, Essex University, Southampton University, Bocconi University, and at the European University Institute. He has been a Consultant for the World Bank and for the Inter-American Development Bank on several projects. He joined IZA as a Research Fellow in January 2002. Fabio Schiantarelli has written on topics such as: investment and labour demand; financial constraints and financial shocks; financial reform and financial development; tax policy and product market regulation; capital accumulation and growth; innovation and productivity; culture and the economy, ancestry composition and local economic development. His papers have been published in many international journals.