Welcome! I am a Ph.D. candidate in Economics at CEMFI. I am available for interviews on the 2024-25 job market.
My research interests are in the areas of Labor Economics and Macroeconomics, with a particular focus on income dynamics and labor market duality. I am also interested in Econometrics and Time Series Econometrics, whose tools I am currently exploiting in my research projects. I have expertise in working with large administrative datasets.
I hold a MSc in Economics from Bocconi University, and I did my undergraduate studies at the University of Turin and at the Collegio Carlo Alberto (Honors Program). I worked as a research assistant at Bocconi University and Fondazione DeBenedetti.
New: I am currently visiting the Italian Social Security Institute (INPS) as a researcher in the VisitINPS scholars program.
In many labor markets, long-term jobs coexist with short-term, fixed-duration contracts. While some workers enjoy stable lifetime employment, others encounter labor market instability, often transitioning through multiple short-term jobs and experiencing periods of non-employment. This paper investigates how this duality affects individual income volatility and to what extent labor market instability stems from contract types or workers’ characteristics. I propose a statistical framework that models log-income as the sum of a persistent Markov component and a transitory innovation. Both evolve non-linearly over time, systematically varying with labor market status and transitions. In the model, observable and latent individual characteristics shape both labor market selection and income dynamics. The findings highlight that labor market status and transitions significantly influence income volatility, and that latent characteristics are key drivers of labor market heterogeneity. The paper further explores the impact of employment instability and income volatility on wealth accumulation, revealing substantial welfare costs driven by increased precautionary savings among workers more exposed to labor market instability.
CEMFI – Master in Economics and Finance (2021, 2022, 2023)
