CV

December 2020

Curriculum Vitae

Francesco Drago

Personal Information

Date of birth 17/12/1977

Nationality Italian

Marital status Married, three kids (2014, 2016, 2017)

E-mail: francesco.drago@unict.it

Office address: Dipartimento di Economa, Corso Italia, 55 , 95129 Catania (Italy)

Current Position

University of Catania

Full professor, 2019 – present

Previous position

University of Messina

Full Professor, 2015 – 2019

University of Napoli Federico II

Associate professor, 2012 – 2015

University of Napoli Parthenope

Assistant Professor, 2006 - 2011

Education

Ph.D. in Economics, University of Siena, June 2006

Master in Economics, University of Siena, June 2002

BA (Laurea) in Economics, University of Pisa, summa cum laude, June 2001

Academic Affiliations

2016 – present: Ortygia Business School, co-founder

2016 – present: CEPR Researh Fellow

2008 – present: CSEF Research Fellow

2006 – present: IZA Researh Fellow

Selected Papers

The Deterrent Effects of Prison: Evidence from a Natural Experiment, Journal of Political Economy, 2009, 117(2): 254-270, with Roberto Galbiati and Pietro Vertova

Indirect Effects of a Policy Altering Criminal Behavior: Evidence from the Italian Prison Experiment, American Economic Journal: Applied Economics, 2012, 4(2), 199-218, with Roberto Galbiati

Earthquakes, Religion and Transition to Self-government in Italian Cities, Quarterly Journal of Economics, 2016, 131(4) 1875-1926, with Marianna Belloc and Roberto Galbiati

Meet the Press: How Voters and Politicians Respond to Newspaper Entry and Exit, American Economic Journal: Applied Economics, 2014, 6(3), 1559-188, with Tommaso Nannicini and Francesco Sobbrio

Compliance Behavior in Networks: Evidence from a Field Experiment, American Economic Journal: Applied Economics, 2020, 12(2), 96-133, with Friederike Mengel and Christian Traxler

The Political Cost of Being Soft on Crime: Evidence from a Natural Experiment, with Roberto Galbiati and Francesco Sobbrio, Journal of the European Economic Association, forthcoming

Other publications/Working papers/ work in progress/paper submitted

The economic impact of organized crime infiltration in the legal economy: evidence from the judicial administration of organized crime firms, Italian Economic Journal, 2020, 6, 275–297, with Francesca Calamunci [special issue on the economics of crime]

Self-esteem and Earnings, Journal of Economic Psychology, 2011, 32(3): 480-488

Prison Conditions and Recidivism, American Law and Economics Review, 2011, 13 (1): 103-130, with Roberto Galbiati and Pietro Vertova [Winner, Distinguished Article Prize, American Law and Economics Review]

Crime Rates in Europe and in the US: Dissecting the “Reversal of Misfortunes”, Economic Policy, 2011, 26(67): 347-385, with Paolo Buonanno, Roberto Galbiati and Giulio Zanella

Wealth Accumulation and Institutional Capture: the Rise of the Medici and the Fall of the Florentine Republic

Long-run consequences of Institutional Capture

The "Great Lockdown": Economic Activities and Mortality by Covid-19

How Human Capital Affects Institutional Change, with Marianna Belloc and Roberto Galbiati

Career Consequences of Hyperbolic Time Preferences.

Rebate or Bait? A Model of Regret and Time Inconsistency in Consumer Behavior, with Dora Kadar, CEPR Discussion Paper 5757.

"Analisi Economica del Comportamento Illegale" in Decaleo Brucchi Luchino, Manuale di Economia del Lavoro, Bologna, Il Mulino, Bologna, with Paolo Pinotti e Roberto Galbiati.

Equilibrio del Mercato del Lavoro in Concorrenza Perfetta, Manuale di Economia del Lavoro, Bologna, Il Mulino, Bologna, with Giovanni Pica.

Discussion of "Removing the Wall around Welfare: What Do We Learn from A8 Immigrants in the UK?", Ludovica Giua, Economic Policy.

Discussion of “Evaluating market consolidation in mobile communications” by Christos Genakos, Tommaso Valletti, Frank Verboven, 33(93), 45–100, Economic Policy.

Discussion of “Can power-sharing foster peace? Evidence from Northern Ireland" by Hannes Mueller, Dominic Rohner, 33(95), 447–484, Economic Policy.

Discussion of “Can Education compensate the effect of population aging on macroeconomic performance?" by Rainer Kotschy and Uwe SUnde, 33(96), 587–634, Economic Policy.

Redistributing Opportunities in a Job Search Model: the Role of Self-Confidence and Social Norms, 2005, in R. Balducci and N. Salvadori (eds.), Innovation, Unemployment and Policy in the Theories of Growth and Distribution, Edward Elgar, Chelthenam, UK.

Deterrent effects of imprisonment in Encyclopedia of Criminology and Criminal Justice, Springer-Verlag, 1023-1033, 2014, with Roberto Galbiati.

Technology and the environment in the history of the economic thought, International Journal of Global Environmental Issues, 2008, 8(4), pp. 311-334, with Marianna Belloc, Simone D'Alessandro, Michele Di Maio, and Pietro Vertova.

Natural Limits to Economic Development: Endogenous Growth or Panacea?, Studi Economici, 2003, 2, pp. 97-114, with Simone D'Alessandro.

Referee for

American Economic Review, Econometrica, Quarterly Journal of Economics, The Review of Economic Studies, American Economic Journal: Applied Economics, Economic Journal, Journal of Comparative Economics, Journal of the European Economic Association, Journal of Economic Growth, Journal of Law Economics and Organization, Journal of Public Economics, The Review of Economics and Statistics, Scandinavian Journal of Economics, Journal of Labor Economics.

Grants:

2013-2015: STAR Grant. “Social Interactions and Illegal Behavior”, Principal Investigator

2013-2014: EIEF Grant. “Religion and Economic Shocks”, with Marianna Belloc and Roberto Galbiati

2011-2012: EIEF Grant. “The Effect of Crime and Economic Shocks on Beliefs Formation”, with Roberto Galbiati, Principal Investigator

2010-2011: Unicredit&Universities. “Crime, Voting and Beliefs”, Principal Investigator

2008-2010: EIEF Grant. “The Deterrent effects of Prison”, with Roberto Galbiati, Principal Investigator

2006-2008: Regione Campania. “Social Capital and Social Interactions”, Principal Investigator

Visiting Positions and Appointments

Science Po, Department of Economics, Visiting Professor, January-March 2016

Harvard University, Department of Economics and NBER, Visiting Scholar, August 2011 – January 2012

Columbia University, Department of Economics, Visiting Scholar, January 2008 – June 2008

University College London, Department of Economics, Honorary Research Fellow, January 2007 – May 2007

Invited seminar and conferences/workshop presentations (selection)

Santa Fe Institute (2004), University College London (2007), CEPR IZA/ESSLE (2008), Max Planck Institute Bonn (2008), Columbia University (2008), Bocconi (2008), LACEA (2010), Harvard Econ Department (2011, 2020), NBER (2014), Universitat Pompeu Fabra (2016), New York University (2016, 2020), Olhin Business School (2016), Al Capone Workshop – Keynote Speaker (2017).