He has been Professor of Economics at Bocconi University since 1994. Since July 2013 he has held the Intesa Sanpaolo Chair in Political Economics. An Italian economist, he has been Rector of Bocconi University in Milan. He worked as Assistant Professor and Associate Professor at Stanford University for five years. He was Full Professor of Political Economy at the Universities of Cagliari and Brescia, before coming to the Bocconi. From 2002 to 2008 he headed the research institute IGIER, linked to the University. He is on the Board of Directors of CIR (a holding company founded by Carlo De Benedetti), FIAT Industrial and the Fondazione ENI Enrico Mattei. He is the author of treatises and scientific articles. In the field of economic policy, his contributions concern above all analysis of the relations between political institutions and economic growth. He was a member of the commission of thirty-five experts nominated by Prime Minister Enrico Letta, charged with drawing up a bill on constitutional reform.