2015: Guido Menzio

Guido Menzio won the 2015 edition of the Carlo Alberto Medal.


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Born in Torino in 1975, Guido Menzio received his BA in Economics from the Università di Torino in 1999, and his PhD in Economics from Northwestern University in 2005. Upon completing his doctorate, he was hired by the University of Pennsylvania, where he is now Associate Professor of Economics. He has been a national fellow at the Hoover Institution at Stanford University and a visiting professor at Princeton University, as well as a visiting scholar at the Cowles Foundation in Yale and at the Federal Reserve Banks of Minneapolis, Saint Louis and Philadelphia. He is a Research Associate of the NBER, and a member of the editorial board of the International Economic Review.


In the words of scholars who nominated him: "Guido is an applied theorist with interests in both labor and monetary economics. He has made several important contributions in these fields. In particular some of his work has contributed substantially to better understanding of the importance of  heterogeneity and […] frictions for aggregate fluctuations." He has produced “creative, insightful and elegant contributions to the theory of unemployment fluctuations and business cycles, monetary theory, optimal taxation, and other areas of macro and applied theory with important policy implications.” “His original work on block recursivity has become a cornerstone of modern macro. But what really sets him apart is his recent work on price dispersion. […] These papers will be cited extensively over the next 25 years and beyond.” Summing up, “[Guido] Menzio is one of the truly outstanding economists of his generation. He is creative, versatile, technically sophisticated, and very productive. He also has an infectious enthusiasm for economics.”

the carlo alberto lecture

The award ceremony will take place at the Collegio Carlo Alberto during the Fall semester.