The research of finance professor Mariano Massimiliano Croce focuses on asset pricing in general equilibrium models in which there is uncertainty about the long horizon perspectives of the economy (growth news shocks). Projects include the study of international asset prices and exchange rates; the interaction between asset prices, investment decisions, wealth and welfare on a global scale; links between investors’ information and asset prices; growth implications of fiscal policy risks. He has published in leading academic journals such as, for example, The American Economic Review, The Journal of Political Economy, The Journal of Finance, The Journal of Financial Economics, The Review of Financial Studies, and The Journal of Monetary Economics. Since September 2017, he is a CEPR Reseach Fellow. In April 2018, he was appointed as an NBER Research Associate. Dr. Croce teaches courses in finance and global macroeconomics at several leading academic institutions such as Bocconi, Wharton, STERN, ISB, Kenan-Flagler B.S. (UNC). In the PhD program, he teaches empirical asset pricing and advanced methods for macro-finance. He received an award for his teaching in the PhD program and in 2019 he has been nominated Director of the PhD in Economics and Finance in Bocconi. He received his PhD in Economics from New York University and master’s and bachelor’s degrees in economics from L. Bocconi University, Milan. He served as a research intern at Federal Reserve Board of Governors in Washington, D.C. and the European Central Bank in Frankfurt.

Publications