FEDERICO ETRO
CV in pdf
Federico Etro is Professor of Economics at the University of Venice, Ca' Foscari. He is an expert of industrial organization and international macroeconomics with publications on American Economic Review, International Economic Review, European Economic Review, Economic Journal and others. He holds a Laurea cum laude from the Catholic University of Milan (1997) and a Master degree in Economics from the University of California, Los Angeles (2000), has taught at the University of Edinburgh, the University of Milan Bicocca and Luiss in Rome, and has been research assistant for the National Bureau of Economic Research in Boston.
Etro's main research is focused on understanding what shapes the structure of markets: how many firms can survive in a certain industry? what should be their market shares and markups? how much incumbents should invest in R&D? which financial or contractual strategies deliver an advantage? how macroeconomic shocks and policies affect market structures and trade, business cycle and growth? His research on the theory of endogenous market structures (EMS) provides a general framework to answer these questions through the joint analysis of strategic interactions and entry decisions. Applications concern EMS and the Business Cycle (2010, Economic Journal), EMS and the Optimal Financial Structure (2010, Canadian Journal of Economics), EMS and Strategic Trade Policy (2011, International Economic Review), EMS and Contract Theory (2011, European Economic Review), EMS and International Trade and more. The EMS apprach has been presented in different international lectures, including the Bi-annual Lecture of the Catholic University of Leuven (2007), the Dynamic Competition Lecture of Osaka (2009) and the IIEA Lecture in Dublin (2010).
The essay Innovation by Leaders (2004, Economic Journal) was popularized by the magazing Economist (Slackers or pace-setters?) as a solution to the Arrow's paradox on the incentives to innovate. The first general characterization of the equilibrium behavior of leaders in industries with free entry was developed in Aggressive Leaders (2006, Rand Journal of Economics) and Stackelberg Competition with Endogenous Entry (2008, Economic Journal). A different line of research, started in joint works with Alberto Alesina and others, contributed to develop the literature on the relation between international politics and economics (see International Unions, 2005, American Economic Review). Recent empirical work has been about economic history (The Market for Paintings in Italy during the XVII Century, 2012, Journal of Economic History) and labor economics (The Labor Market in the XVII Century Italian Art Sector) in the art market of Renaissance and Baroque age. Etro wrote two books for Springer, Competition, Innovation, and Antitrust (2007) and Endogenous Market Structures and the Macroeconomy (2009) and co-edited for Oxford University Press a volume on Competition Law and the Enforcement of Art. 102 (2011). For additional material click here.
