The Department of Finance celebrates the beginning of a new academic year, contributing to the diverse range of programs at the bachelor, graduate, and postgraduate levels at Bocconi University.

Elena Carletti wins ERC Advanced Grant to study the origin of financial fragility (INFINITY).

We embed diagnostic expectations in a workhorse neoclassical model with heterogeneous firms and risky debt.

We address the joint hypothesis problem in cross-sectional asset pricing by using measured analyst expectations of earnings growth.

Lack of co-movement between consumption differentials and real exchange rates is a traditional indicator of a disconnect of foreign exchange markets from economic fundamentals.