He is Full Professor of Political Economy at Bocconi University in Milan and Vice-President of the University’s International Advisory Council. He previously lectured at MIT and the Universities of Essex (GB), Padua, Venice and Bologna. He is a Research Fellow of CEPR in London, and a Research Associate of NBER in Cambridge (Mass.). He chairs the scientific committee of CEPII, the international economic studies institute of the French government, and he is a member of the “Bellagio Group”. From 1992 to 1994 he was Director General of the Ministry of Economics, responsible for economic research, management of public debt and privatisation. He writes for the “Corriere della Sera” and “lavoce.info”, an online archive of articles written by Italian economists.