Biography
His collaboration with SDA Bocconi began in 2018 in the Asia Center (Mumbai, India). He has coordinated major international research projects, which have been published in leading international scientific journals. Many of his projects have been funded by external sources, both private and public, in the USA. He has taught in several leading institutions such as Wharton, STERN-NYU, Indian School of Business, and University of North Carolina.
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 shocks). His 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; and the growth implications of fiscal policy risks and economic growth.
His work has been published in leading academic journals such as 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 has been a CEPR Research Fellow. In April 2018, he was appointed as an NBER Research Associate. He has spent long periods doing research abroad. He has been a Visiting Professor at Wharton, STERN-NYU, Indian School of Business, University of North Carolina, and Goethe University (Frankfurt).
Massimiliano earned a Degree in Economics from Università Bocconi and a Ph.D. in Economics from New York University (NYU).
Latest Publications
- Andrews S., Colacito R., CROCE M. M., Gavazzoni F. Concealed carry Journal of Financial Economics, 2024, vol.159, pp.103874
- Arteaga-Garavito M. J., CROCE M. M., Farroni P., Wolfskeil I.When the markets get CO.V.I.D: COntagion, Viruses, and Information Diffusion Journal of Financial Economics, 2024, vol.157, pp.103850
- CROCE M. M., Marchuk T., Schlag C.The Leading Premium Review of Financial Studies, 2023, vol.36, no. 8, pp.2997-3033
- Colacito R., CROCE M. M., Liu Y., Shaliastovich I., Koijen R.Volatility Risk Pass-Through Review of Financial Studies, 2022, vol.35, no. 5, pp.2345–2385
- CROCE M. M.Growth risks, asset prices, and welfareEconomics Letters, 2021, vol.202, pp.109817
- CROCE M. M., Nguyen T. T., Raymond S. Persistent government debt and aggregate risk distribution Journal of Financial Economics, May 2021, vol.140, no. 2, pp.347-367
Grants and Honors
- Excellence in Research Award – Università Commerciale Luigi Bocconi , 2024
- Excellence in Research Award – Università Commerciale Luigi Bocconi , 2023
- Excellence in Research Award – Università Commerciale Luigi Bocconi , 2022
- Research Excellence Award – Università Commerciale Luigi Bocconi , 2020
- Teaching Award – PhD School – Università Commerciale Luigi Bocconi , 2019