CV - IGIER

E UROPEAN
CURRICULUM VITAE
FORMAT
PERSONAL INFORMATION
Name MARCO E. TABELLINI
Address VIA ALFREDO ORIANI 6
20122 MILANO
ITALY
Telephone (mob.) +39 339 4749733
Telephone (home) +39 02 58320198
E-mail marcotabellini@hotmail.it
Nationality
Date and place of birth
U.S.; Italian
09/01/1990, LOS ANGELES, USA
EDUCATION AND TRAINING
• Dates
• University
• Course of study
September 2011 – current
Università Commerciale “Luigi Bocconi”, Milan, Italy
ESS (Economics and Social Sciences) Master of Science
Working Paper (Master’s Thesis): Income inequality, Easy Credit Policies and Homeownership
Supervisor: Prof . Francesco Giavazzi
Abstract: In this paper, I ask whether the rise in U.S. income inequality occurred since the 1980s
triggered a political reaction aimed at boosting homeownership through the implementation of
easy credit policies. Using state-level data I study the relationship between income inequality
and the change in both credit availability and homeownership from the mid-1990s to the mid-
2000s. I find that in states with higher inequality in 1996, homeownership increased more during
the subsequent ten years. Also, between 1995 and 2005, credit was extended more
aggressively and lending standards were eased more in states with higher initial inequality,
suggesting that in more unequal states politicians faced stronger pressure from their
constituencies and were thus more likely to implement easy credit policies. Exploiting acrossstate
variation in mortgage related legislation, I find that fewer scrutiny requirements were
imposed on lenders in states with higher income inequality. Overall, results suggest that higher
inequality generated a political reaction aimed at expanding cheap housing credit, and that easy
credit policies were implemented not only at the federal, but also at the state level.
• Dates September 2008 – July 2011
• University Università Commerciale “Luigi Bocconi”, Milan, Italy
• Title of qualification awarded Bachelor of Economics and Social Sciences (CLES) 110/110 Cum Laude
Page 1 - Curriculum vitae of
Marco Tabellini
Final work for graduation: Local Defaults in a Currency Union: Lessons from the U.S.
Experience.
Supervisor: Prof. Francesco Giavazzi

Abstract: I study three episodes of local financial distress in the United States: the defaults of
nine states in 1841-1842, the financial crisis of New York City in 1975, and the bankruptcy of
Orange County in 1994. I then compare the current situation of California with the historical
examples. From these episodes, I draw some lessons concerning how defaults can trigger
changes in political institutions. Finally, I focus on markets’ behavior before and after the crises,
to check if credit markets anticipated defaults, and if financial crises caused a contagion effect
and/or market exclusion. I conclude with some observations on the relevance of these
experiences for the U.S. and the EU today.
• Dates September 2010- December 2010
• University University of California at Los Angeles
• Principal subjects
Covered
Exchange Program: Econometrics (grade: A+), International Economics (grade: A), International
Political Economy (grade: A), Advanced Topics in Macroeconomics (grade: A)
• Dates September 2003 – June 2008
• High School Liceo Classico Giuseppe Parini, Milan, Italy
• Title of qualification awarded Maturità Classica
• Level in national classification 95/100
AWARDS AND SCHOLARSHIPS
Academic year 2011-12
Academic year 2012-13
IGIER Visiting Student. Mentor: Prof. Perotti
Bocconi Graduate Merit Award
IGIER Visiting Student. Mentor: Prof. Gennaioli
Bocconi Graduate Merit Award
PERSONAL SKILLS
AND COMPETENCES
MOTHER TONGUE
ITALIAN
OTHER LANGUAGES
CERTIFICATIONS
SOFTWARE SKILLS
ENGLISH, FLUENT, WRITTEN AND SPOKEN
FRENCH, ADVANCED, WRITTEN AND SPOKEN
TOEFL IBT (GRADE:109/120), OCT.2012
IELTS (GRADE 8/9), OCT.2011
DFP AFFAIRES B2 (GRADE: 86/100 REUSSÌ AVEC MENTION: TRÈS BIEN), DEC. 2011
WORD, EXCEL, POWER POINT, STATA, MATLAB
OTHER COMPETENCES AND
INTERESTS
COMPETITIVE SPORTS: SKI AND SAILING (INTERNATIONAL LEVEL);
TENNIS AND SOCCER
Page 2 - Curriculum vitae of
Marco Tabellini