We are happy to announce that the application for the PhD in Economics at the University of Siena (in partnership with the Universities of Florence and Pisa) is now open! 🗓 Deadline: June 29, 2026, 2:00 PM (CEST) 📍 Website: phdeconomics.unisi.it 📑 Application portal: www.unisi.it/ricerca/dott...
Filippo Belloc
@filippobelloc.bsky.social
Prof of Economics at @deps-siena.bsky.social Working on Firm Organization, Innovation & Technology Policy >> https://sites.google.com/site/filippobelloc
🧨 🧨 Delighted to host Prof. Alan Manning (LSE) at @deps-siena.bsky.social as part of our Distinguished Scholar Visiting Program. He delivered outstanding lectures on monopsony and immigration policy. A great start for this new initiative! 🚀
Forthcoming events in May at @deps-siena.bsky.social: May 14 – Prof. Alan Manning (LSE), Open Lecture 👉 “Why Immigration Policy Is Hard” May 26 – Nobel Laureate Prof. James Robinson (University of Chicago), Hahn Lecture 2026 👉 “Why I Am Not a Monetarist”
Il Governo senza una strategia industriale: ancorati ai combustibili fossili e nessuna visione. Il mio commento su Il Manifesto 👉 ilmanifesto.it/transizione-...
Segnaliamo questo contributo del nostro Professore e Direttore @filippobelloc.bsky.social sul ruolo dell’Emissions Trading Scheme (#ETS) nel contesto della politica economica e climatica @mm-ilmanifesto-bot.bsky.social #TerzaMissione ilmanifesto.it/lets-fa-risp...
L’Ets fa risparmiare, è un grave errore chiederne lo stop | il manifesto
Clima (Commenti) Sospendere l’Ets, il sistema europeo di scambio delle quote di emissione, sarebbe un errore economico prima ancora che di politica climatica. In un recente studio realizzato dalle uni...
ilmanifesto.it
📢SAVE THE DATE 26 May 2026 Our department @deps-siena.bsky.social is honoured to announce that Nobel Laureate Prof. James Robinson (@UChicago) will deliver the 9th Hahn Lecture. www.deps.unisi.it/en/research/...
📢 May 2026 We are delighted to announce that leading labour economist Prof. Alan Manning from @cep-lse.bsky.social will be visiting @deps-siena.bsky.social next May as part of our Distinguished Visiting Scholar Program
Antonio Minniti, Klaus Prettner, Francesco Venturini, & David Bloom find that European regions with more intense #AI patenting tend to experience a decline in the labour share of income, indicating that AI acts as a capital-biased innovation. cepr.org/voxeu/column... #EconSky
AI adoption increases labour productivity levels by 4% on average in the EU, w/ no evidence of reduced employment in the short run. Productivity benefits, however, are unevenly distributed. @aldasoro.bsky.social, L Gambacorta, R Pál, D Revoltella, C Weiss, M Wolski cepr.org/voxeu/column... #EconSky
Thanks to the JRC in Ispra for hosting me today! I presented our joint paper with Antonino Lofaro on corporate subsidies and market structure, and we’re grateful for the constructive feedback — plenty to think about as we move forward with the project #Subsidies #IndustrialPolicy #IO
🚀 Happy to take part in the Workshop on Firms, Trade and Productivity in a New Era of Geoeconomic Fragmentation. I’ll be presenting my work on “Subsidies and firm entry” alongside an excellent lineup of speakers. 📍 Two days of discussions on automation, trade resilience, and industrial policy!
If worker co-operatives work, why aren’t there more of them? @gabrielburdin.bsky.social @deps-siena.bsky.social and Fabio Landini (University of Parma) for @lsebr.bsky.social
If worker co-operatives work, why aren’t there more of them? - LSE Business Review
Firms with majority workforce control are generally successful but increasingly rare. Why don’t more employees own and control the companies they work for?
blogs.lse.ac.uk
🚀 New IJIO special issue on Industrial Policy and IO now live! Fantastic collection of papers on how industrial policy shapes firm behavior, market structure, innovation, and productivity. Pushing the debate beyond slogans toward credible evidence. 👉 shorturl.at/B3Ygs #IndustrialPolicy #IO
International Journal of Industrial Organization | Industrial Policy and Industrial Organization | ScienceDirect.com by Elsevier
Industrial policies—which we define as government interventions in specific industries that can have various objectives, e.g., stimulating technological innovation or promoting competitiveness—have al...
sciencedirect.com
Just published! 👉 shorturl.at/uBbIP
🚨 New paper accepted in IJIO! We study +30k subsidy initiatives: • Subsidies boost entry of ~5.5% less productive firms • Unconditional tax breaks & loans drive the negative effects • Intl., SME-focused & green/automation subsidies can improve entrant quality 👉 tinyurl.com/2b3kzbdm More soon!
🚨 New paper accepted in IJIO! We study +30k subsidy initiatives: • Subsidies boost entry of ~5.5% less productive firms • Unconditional tax breaks & loans drive the negative effects • Intl., SME-focused & green/automation subsidies can improve entrant quality 👉 tinyurl.com/2b3kzbdm More soon!
Can higher productivity also mean cleaner production? 🌿 Our new paper (accepted in Energy Economics) finds that more productive firms cause less emissions per unit of output, but also more emissions per unit of input, with high cross-firm heterogeneity: smart regulation is key! 👉 shorturl.at/r8k3Z
Is TFP clean or dirty? The nexus between environmental and economic efficiency
Improvements in economic productivity are a key driver of economic growth and a primary objective of many national and international policy initiative…
shorturl.at
Nel deserto lasciato dalla guerra, l'università deve parlare www.roars.it/nel-deserto-... @filippobelloc.bsky.social
Nel deserto lasciato dalla guerra, l’università deve parlare
Fatta — o forse solo dichiarata — la pace, resta il deserto che la guerra ha lasciato. Ora tocca a noi. Alle università spetta la responsabilità più difficile: la ricostruzione culturale, la progettaz...
roars.it
MIT refuses to accept White House terms for funding, other schools still mulling reut.rs/471tkNZ
MIT refuses to accept White House terms for funding, other schools still mulling
Massachusetts Institute of Technology President Sally Kornbluth on Friday said she "cannot support" a memo that the White House sent to nine elite U.S. universities last week detailing policies they should follow to get preferential consideration for federal funding.
reut.rs
📢Evento di riflessione su Gaza 13 ottobre, 10 am Aula Cripta - San Francesco, #Siena Organizzato da @deps-siena.bsky.social #DISAG
We are not indifferent to the ongoing dramatic humanitarian situation in Gaza. We warmly welcome three Palestinian students joining our Economics & Management study programme — two supported through @deps-siena.bsky.social -funded scholarships.
What happens when manufacturing companies regularly incorporate worker feedback and ideas into their production processes? Productivity is generally higher—and so is production worker pay. New findings from Dylan Nelson of UIUC & @natewilmers.bsky.social @mitiwer.bsky.social: tinyurl.com/4vhswpvr
The Effects of Worker Voice on Manufacturing Pay and Productivity | MIT Sloan
New research finds that when manufacturing companies regularly incorporate worker feedback and ideas, both productivity and worker pay are generally higher.
tinyurl.com
Very useful discussion on the perils of using micro/cross-sectional parameter estimates in inferring the aggregate effects of policies/shocks. This is pervasive in Economics, yet the two effects can even have the opposite signs. (Example in next post.) voxdev.org/topic/method...
The ‘missing intercept’ problem with going from micro to macro
Many applied microeconomics papers conclude with a back-of-the-envelope calculation that scales their cross-sectional estimates to the aggregate level. These types of aggregate estimates are only vali...
voxdev.org
📢 One PhD scholarship available! Conduct research on Worker Voice, Wages & Technological Change: The Role of Collective Bargaining, Unions & Employee Representation. Deadline: Sept 5, 2025 2 pm (CET) Application procedure: unisi.it/ricerca/dott...
Exceptional work from @brankomilan.bsky.social on 'new capitalism' 'We estimate that 85% of the people in the world are capital-income destitute. In other words, the world’s financial and productive assets are owned by 15% of its inhabitants (households).' branko2f7.substack.com/p/the-new-ca...
New capitalism III: Capital
Why is capital so concentrated and why so few have it?
branko2f7.substack.com
#AI is the crop that only few fields can grow. @markmuro1.bsky.social & @shriyared.bsky.social find that two Bay cities bag 13% of #US AI hiring. They divide America into superstars and also-rans, revealing big adoption gaps. Investment beyond the coasts is needed. www.brookings.edu/articles/map...
🎉 Just accepted in JEBO! “Incentive Pay, Managerial Skills and Span of Control” w/ F. Landini & S. Dughera. Why do some firms rely more on bonuses than others? We show that incentive pay is more likely when managers are better educated and hierarchies are wider. WP 👉 shorturl.at/7LgAj
The Annual Meeting of the PhD in Economics of the Tuscan Universities (Florence, Pisa & Siena) is ongoing! Our PhD students are presenting their research and receiving constructive feedback from discussants and faculty members. #Pontignano #econsky
🚨THIS WEEK🚨 Our PhD Annual Meeting kicks off this week, 10–12 June! We'll spend three days at the beautiful Certosa di Pontignano (Siena), sharing and discussing our PhD students' research and strengthening our community. Program: phdeconomics.unisi.it/wp-content/u...