Centre for Economic Performance (CEP)

Staff Biography

[Photo: Francesco CASELLI] Professor Francesco CASELLI
Programme Director - Macro Programme
Tel:  020 7955 7498
Room/Desk: 32L 1.21  

Norman Sosnow Chair in Economics
Personal WebSite WWW

Expertise: Macroeconomics Development Economics Economics and Politics


Francesco Caselli is the Norman Sosnow Professor of Economics at the London School of Economics. He has earned his undergraduate degree at the University of Bologna in 1992 and a Ph.D. at Harvard University in 1997. Previous appointments include Assistant Professor of Economics at the University of Chicago Graduate School of Business and Associate Professor of Economics at Harvard University. He is a Fellow of the British Academy, the director of the Macroeconomics Program at the Centre for Economic Performance (CEP), a managing editor editor of Review of Economic Studies, and a former co-editor of the Journal of Economic Development and editor at large of Economica. His research interests include economic development and political economy.

Current Areas of Research:

Productivity Differences Across Countries Natural Resources and International Conflict Natural Resources, Democracy, and Autocracy Trade and Volatility Trade Policy and Growth


  • Laurea In Economics, Universita di Bologna
  • PhD in Economics, Harvard University

CEP Publications:

  • The Latin American Efficiency Gap
    Francesco Caselli, August 2014
    Paper No' CEPDP1289: Read Abstract | Full paper (pdf)

  • The Geography of Inter-State Resource Wars
    Francesco Caselli, Massimo Morelli, Dominic Rohner, May 2013
    Paper No' CEPDP1212: Read Abstract | Full paper (pdf)

  • Investing for Prosperity: Skills, Infrastructure and Innovation
    Philippe Aghion, Timothy Besley, John Browne, Francesco Caselli, Richard Lambert, Rachel Lomax, Christopher Pissarides, Nick Stern, John Van Reenen, January 2013
    Paper No' CEPSP28: Read Abstract | Full paper (pdf)

  • The Political Economy of the Greek Debt Crisis: A Tale of Two Bailouts
    Silvia Ardagna, Francesco Caselli, March 2012
    Paper No' CEPSP25: Read Abstract

  • Signalling, Incumbency Advantage, and Optimal Reelection Rules
    Francesco Caselli, Tom Cunningham, Massimo Morelli, InÚs Moreno de Barreda, February 2012
    Paper No' CEPDP1122: Read Abstract | Full paper (pdf)

  • A Note on Schooling in Development Accounting
    Francesco Caselli, Antonio Ciccone, December 2011
    Paper No' CEPDP1102: Read Abstract | Full paper (pdf)

  • Resource Windfalls, Political Regimes, and Political Stability
    Francesco Caselli, Andrea Tesei, November 2011
    Paper No' CEPDP1091: Read Abstract | Full paper (pdf)

  • A Resource Curse? The impact of oil windfalls on living standards in Brazil
    Francesco Caselli, Guy Michaels, February 2010
    Paper No' CEPCP302: Read Abstract | Full paper (pdf)
    This article summarises Do Oil Windfalls Improve Living Standards? Evidence from Brazil by Francesco Caselli and Guy Michaels, CEP Discussion Paper No. 960

  • Do Oil Windfalls Improve Living Standards? Evidence from Brazil
    Francesco Caselli, Guy Michaels, December 2009
    Paper No' CEPDP0960: Read Abstract | Full paper (pdf)

  • Leader Behavior and the Natural Resource Curse
    Francesco Caselli, Tom Cunningham, March 2009
    Paper No' CEPDP0913: Read Abstract | Full paper (pdf)

  • Economics and Politics of Alternative Institutional Reforms
    Francesco Caselli, Nicola Gennaioli, January 2007
    Paper No' CEPDP0775: Read Abstract | Full paper (pdf)

  • Dynastic Management
    Francesco Caselli, Nicola Gennaioli, August 2006
    Paper No' CEPDP0741: Read Abstract | Full paper (pdf)

  • The Marginal Product of Capital
    Francesco Caselli, James Feyrer, August 2006
    Paper No' CEPDP0735: Read Abstract | Full paper (pdf)

  • On the Theory of Ethnic Conflict
    Francesco Caselli, Wilbur John Coleman II, July 2006
    Paper No' CEPDP0732: Read Abstract | Full paper (pdf)

  • Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries
    Silvia Ardagna, Francesco Caselli, Timothy Lane, January 2005
    Paper No' CEPDP0670: Read Abstract | Full paper (pdf)

  • Is Poland the Next Spain?
    Francesco Caselli, Silvana Tenreyro, January 2005
    Paper No' CEPDP0668: Read Abstract | Full paper (pdf)

  • Accounting for Cross-Country Income Differences
    Francesco Caselli, January 2005
    Paper No' CEPDP0667: Read Abstract | Full paper (pdf)