Hello there, I am Guido!
I am a third-year PhD Economics Student at the European University Institute. My advisors are Russell Cooper and Giancarlo Corsetti. My research interests lie in between Macroeconomics and Industrial Organization, using tools from the networks literature.
You can find my CV here.
Work in Progress
Friends and Foes: Executive Pay Networks and Product Market Competition (with Bruno Pellegrino and Shihan Shen)
Presentations: 27th SIOE Annual Meeting 2023
Certain features of executive pay, such as Relative Performance Evaluation (RPE), embed incentives for managers to alter the competitive behavior of firms. RPE incentivizes managers to hurt peers’ profits, while interlocking directorates lead to softer competition among product market rivals. These incentives create an intricate network of ‘friends and foes’ relationships among corporations. In this study, we map this network comprehensively for the first time for the universe of US public firms, by processing highly-unstructured data from tens of thousands of executive compensation packages. We embed these incentives into a general equilibrium model of oligopoly with GHL demand and realistic managerial objectives. We then use our model to quantify the influence of these incentives on individual firm supply decisions, markups, allocative efficiency, and consumer welfare.
Sectoral Policies in the EU (with Tuna Dökmeci)
You can find me at the following contacts. I am happy to connect and talk about research, collaborations, grad school, and how to cope with the fact that Jannik Sinner has not yet won
an ATP Masters 1000 a Slam two Slams (hopefully also this pun will last very little but now it turned into a tradition).
European University Institute
Department of Economics
Via delle Fontanelle 18