Stefano Grancini

Welcome to my Page! 😀

I am a fifth-year Ph.D Candidate in Economics at NOVA SBE. My advisor is Pedro Brinca.

During the PhD, I have been a Visiting Student Research Collaborator in the Economics Department of Princeton University, hosted by Gianluca Violante.

I was also a Research PhD Trainee in the Directorate General of Economics of the European Central Bank and I participated in the IMF Fund Internship Program at the IMF in the Fiscal Affairs Department.

Research Interests: Household Heterogeneity, Inequality, Wealth Distribution, Fiscal Policy, Monetary Policy, Production Networks, Labor Markets

I study the role of micro-heterogeneity in shaping households' and firms' decisions and their relationship with fiscal and monetary policy. I have a particular interest in studying inequalities through the lens of heterogeneous agent models and I am passionate about understanding how micro-level dynamics can inform the design of more effective macroeconomic policies.

I am a Teaching Assistant at NOVA SBE, Lisbon, where I teach Bachelor’s and Master’s courses.

NEWS!

04/2026: I have a new paper joint with Marcos Poplawski-Ribeiro and Danila Smirnov, titled Welfare Analysis of Income Stabilization Policies in a HANK Model with Unemployment Risk, where we study which income-stabilization policies work best in recessions in a HANK-SAM model with unemployment risk, household heterogeneity, and labor-market frictions.

07/2025: I am starting a visiting period at the IMF, excited to be part of such a vibrant community! If you are around DC and want to talk about research, please let me know!

06/2025: I will present my paper on production networks and wealth distribution at the 7th Champ Workshop (Tallinn) - 16/06/2025

04/2025: I will present my paper on public debt and fiscal policy at the Fourth PhD Workshop in Money and Finance (Stockholm) - 29/04/2025

02/2025: With my research project on production networks, I am part of the ChaMP Research Network of the European System of Central Banks (ESCB)!

01/2025: I will be at the European Central Bank, working on a research project on production networks! If you are around Frankfurt and want to talk about research, please let me know!

01/2024: I am starting a visiting period at Princeton University, hosted by Professor Gianluca Violante! Excited to be part of such a vibrant community!

List of Future and Past Conferences, Talks and Workshops

2026

European Economic Association (Dublin)

14th UECE Conference on Economic and Financial Adjustments

19th Annual Meeting of the Portuguese Economic Journal (Lisbon)

30th International Conference on Macroeconomic Analysis and International Finance (Crete)*

RCEA (Madrid)*

RGS Doctoral Conference - Fiscal Challenges (Ruhr Graduate School in Economics)

2025

47 SBE Conference (Insper, São Paulo)

1st Lausanne PhD Macroeconomics Conference

International Monetary Fund (IMF - Washington DC)