Veronica Guerrieri named top Italian economist younger than 40

Prof. Veronica Guerrieri, who studies labor markets and financial market frictions at Chicago Booth, has received the Carlo Alberto Medal, given every two years to the top Italian economist younger than 40.

The award, which recognizes outstanding research in economics, is given by Collegio Carlo Alberto, a foundation in Torino, Italy dedicated to advancing research and education in the social sciences.


In announcing the award, the foundation highlighted the words of scholars who nominated Guerrieri: “Veronica is a broad-ranging economist who has contributed significantly to our understanding of labor markets both at the micro and at the macro level.” Moreover, “her current research on financial frictions, liquidity traps and flights to quality are major contributions to the literature in the wake of the recent crisis and are impacting policy at top policy institutions.”

Guerrieri’s scholarly writing includes “Fund Managers, Career Concerns and Asset Price Volatility,” with Peter Kondor, published in American Economic Review in 2012, and “Inefficient Unemployment Dynamics under Asymmetric Information,” published in the Journal of Political Economy in 2008.

Guerrieri was named an Alfred P. Sloan Research Fellow in 2011, and she received the Excellence Award in Global Economic Affairs from the Kiel Institute for the World Economy in 2010. She twice received the Excellence in Refereeing Award from the American Economic Review.

She is associate editor of the American Economic Review and Theoretical Economics, and a faculty research associate in the National Bureau of Economic Research’s program on Economic Fluctuations and Growth.

At Chicago Booth, Guerrieri teaches MBA and PhD courses in macroeconomics.

She joined the Booth faculty in 2006, after receiving a PhD in economics from MIT. Guerrieri received bachelor’s and master’s degrees from Bocconi University in Italy, where she was born.

She will be presented with the award at the Collegio Carlo Alberto in the fall, and will deliver the Carlo Alberto Medal Lecture and become an honorary fellow of the Collegio.