Università Cattolica del Sacro Cuore

International & Development Economics

The research group is formed by people interested in the study of International Economics and Development. The group's researchers have published their works in economic journals such as: Economica, Economic Inquiry, Economic Journal, Economics Letters, European Journal of Finance, European Journal of Political Economy, Food Policy, Health Policy and Planning, Journal of Applied Econometrics, Journal of Banking and Finance, Journal of Development Economics, Journal of Economic Surveys, Journal of International Economics, Journal of International Money and Finance, Journal of Population Economics, Journal of Public Economics, Labour Economics, Oxford Bulletin of Economics and Statistics, Public Choice, Review of Financial Economics, Review of International Economics, Review of International Organizations, Review of Economic Studies, Review of World Economics, World Development, World Economy.

The group's members teach undergraduate and graduate courses in all related areas of Economics.


Research Topics


1. Trade and Labor Markets

Analysis of the effects of international trade and offshoring on employment, wages and health, both at the micro (firm and region) level and at the aggregate (country) level.

2. Trade, Productivity and Innovation

Analysis of the effects of trade on economic performance, with a special focus on innovation and productivity. Analysis of the interaction between trade and economic distortions (especially financial frictions) and of its consequences for innovation.

3. Foreign Direct Investment and International Enterprises

Analysis of the determinants of foreign direct investment from developed and developing countries, the outsourcing (make or buy) decision of multinational enterprises, and the link between internationalism and performance at the firm level.

4. Economics of the Family and International Migration

Analysis of micro-economic aspects of economic  development, with particular emphasis on the relationships between household behavior in low-income contexts (i.e., human capital and intra-household inequalities, agricultural productivity and farm household well-being) and international migration and the labor market (in both origin and destination countries).

5. International Finance and Development

Analysis of the determinants and consequences of market failures in the allocation of financial resources, the role of international organizations in the allocation of finance to emerging markets and the role of foreign aid for those countries which are totally excluded from capital markets.

6. International Tax Competition and Migration

Analysis of the implications of international tax competition for labor and consumption, of the effects of product and labor market institutions on unemployment, and of the role of migration for the international transmission of preferences.

Presentation of the Research Group