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Staff Biography

[Photo: Fadi HASSAN] Dr Fadi HASSAN
Associate - Trade
Bank of Italy
Email: fadi.hassan@bancaditalia.it

Curriculum Vitae PDF  Personal WebSite WWW

Expertise: International economics, development economics, applied economics


I am a Senior Economist at the Bank of Italy. I was previously Assistant Professor of Economics at Trinity College Dublin and am a Research Associate at the CEP, London School of Economics. I am an applied economist with a focus on international and development economics, and have also worked as an advisor to UniCredit Research as well as a consultant for the European Central Bank, the European Commission, and the World Bank. I obtained myPhD in Economics from the London School of Economics and Political Science.

Current Areas of Research:

My current research area focuses on two main streams: 1) macroeconomic questions using micro level data and 2) applied micro in the field of trade and of development.

Within the first stream of research I am currently working on the role of the banking and financial sector in explaining different productivity growth between eurozone countries by looking at the allocation of credit across firms. Moreover, I am also working on the productivity slowdown of Italy, what we call "the great unlearning", by identifying the drivers of firm level misallocation.

Within the second stream of research I am working on the trade effect of civil wars to neighbouring countries by focusing on the ongoing Syrian conflict and using firm level data for both Lebanese and Jordanian exporters. Moreover, I am working on the impact of energy access on education in developing countries, by running a randomised control trial in rural Kenya where we distributed solar lamps on 7th grade pupils.


  • FEEM Award, European Economic Association (Paper: "The Price of Development: Revisiting the Penn-Balassa-Samuelson Effect")
  • Coca-Cola Challenge, World Economic Forum (Project: "Powering Education")

CEP Publications

CEP discussion paper
International Financial Flows and Misallocation Federico Cingano and Fadi Hassan
June 2020
Paper No' CEPDP1697:
Read Abstract | Full Paper (pdf)

JEL Classification: F30; F43; G21

Tags: international financial flows; misallocation; productivity

CEP discussion paper
Trade Shocks and Credit Reallocation Stefano Federico, Fadi Hassan and Veronica Rappoport
September 2019
Paper No' CEPDP1649:
Read Abstract | Full Paper (pdf)

JEL Classification: F10; F14; F65; G21

Tags: trade liberalisation; china shock; bank credit; resource reallocation; gains from trade

Journal article
The productivity puzzle and misallocation: an Italian perspective Sara Calligaris, Massimo Del Gatto, Fadi Hassan, Gianmarco I. P. Ottaviano and Fabiano Schivardi
October 2018
Paper No' :
Read Abstract |
CEP discussion paper
Financial Markets and the Allocation of Capital: The Role of Productivity Filippo Di Mauro, Fadi Hassan and Gianmarco I. P. Ottaviano
July 2018
Paper No' CEPDP1555:
Read Abstract | Full Paper (pdf)

JEL Classification: G10; G21; G31; D92; F3; O16

Tags: bank credit; capital allocation; productivity; credit constraints

CEP discussion paper
The Productivity Puzzle and Misallocation: An Italian Perspective Sara Calligaris, Massimo Del Gatto, Fadi Hassan, Gianmarco I. P. Ottaviano and Fabiano Schivardi
December 2017
Paper No' CEPDP1520:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; D24; O11; O47

Tags: misallocation; tfp; productivity puzzle; italy

CEP discussion paper
Powering Education Fadi Hassan and Paolo Lucchino
July 2016
Paper No' CEPDP1438:
Read Abstract | Full Paper (pdf)

JEL Classification: O12; I25; C93

Tags: randomised controlled trial; solar lamps; education; energy access; spillover effects; randomised saturation design