
XV Workshop on
INSTITUTIONS, INDIVIDUAL BEHAVIOUR AND ECONOMIC OUTCOMES
Alghero program 2026
Political economy
JUNE 29
REGISTRATION 8:30-8:50
8:50 | Welcome and Opening Remarks
9:00 – 10:00 | Session 1
9:00 – 9:30 | Massimo Morelli | Railroads and the Silver Shoes of Populism: The Rise and Fall of the People’s Party in 19th-Century America
9:30 – 10:00 | Hye Young You | Protection by Covariance
10:00 – 11:00 | Session 2
10:00 – 10:30 | Alessandra Nicolò | Climate Matching, European Settlements, and Long-Run Development
10:30 – 11:00 | Piera Bello | Do Politicians Misread the Climate Consensus? Correcting Misperceptions with Social Norm Information
11:00 – 11:30 | Break
11:30 – 13:00 | Session 3
11:30 – 12:00 | Torun Dewan | Playing Away: Selection in Competing Teams
12:00 – 12:30 | Selcen Çakir | The Slippery Slope of Internal Democracy: NominationDelegation and Long-Run Leadership Selection
12:30 – 13:00 | Luca Braghieri | Frictions in News Consumption: Evidence from Social Media
13:00 – 14:00 | Lunch
14:00 – 15:00 | Session 4
14:00 – 14:30 | Carlo Schwarz | The Staff that Makes Politics
14:30 – 15:00 | Gabriele Gratton | Market Power Is Power
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20:30 SOCIAL DINNER
JUNE 30
9:00 – 10:00 | Session 5
9:00 – 9:30 | Edo Grillo | Vertical and Horizontal Restrainers: Discretion, Intransigency, and Authoritarian Drifts
9:30 – 10:00 | Matteo Camboni | The Dynamics of Random Purges
10:00 – 11:00 | Session 6
10:00 – 10:30 | Elisa Muscarella | Masculinity Norms and the Far-Right Backlash Against Female Leadership
10:30 – 11:00 | Margherita Negri | Backlash in the Backyard: Female Representation and Gender Attitudes in the UK
11:00 – 11:30 | Break
11:30 – 13:00 | Session 7
11:30 – 12:00 | Margot Belguise | The Normalization of the Far-Right: When the Salience ofVictories Matters
12:00 – 12:30 | Francesco Squintani | Data Management and Individual Vulnerabilities
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12:30 – 13:00 | Sarah Eichmeyer | Article-Level Slant and Polarization of News Consumption onSocial Media
13:00 – 14:00 | Lunch
14:00 – 15:00 | Session 8
14:00 – 14:30 | Francesco Capozza | Majority Lost: Global Evidence and Field Experiments on Voters’ Miscoordination
14:30 – 15:00 | Livio Di Lonardo | An Embarrassment of Riches: Deterrence with Multiple Options
Corporate finance, financial intermediation and macro-finance
JULY 9
REGISTRATION 8:30-9:00
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09:00-10:30 | SESSION 1
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09:00 - 09:45 | Zhou Ren (WU, Vienna Graduate School of Finance) |Real Effects of Bernanke–Kuttner: The Risk Channel of Monetary Policy Announcement on Corporate Investment
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09:45 - 10:30 | Dorian Henricot (ECB) | Uncertainty, Bank Lending Standards, and the Transmission of Monetary Policy
Coffee break: 10:30
11:00-12:45 | SESSION 2
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11:00 - 11:45 | Roberto Pinto (Lancaster University) | Cash in Motion: Corporate Liquidity and Unsecured Bank Funding
11:45 - 12:30 | Dimas Fazio (National University of Singapore) | Financially Constrained Procurement
Lunch: 12:45-14:15
14:30-16:00 | SESSION 3
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14:30 - 15:15 | Mariya Melnychuk (Banco de España) | The Nexus Between Deposits and Risk-Taking: Channels of Monetary Policy
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15:15 - 16:00 | Glenn Schepens (ECB) | Market-Priced Savings, Bank Deposit Market Power, and Monetary Policy Transmission
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SOCIAL DINNER - 20:30
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JULY 10
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09:00-10:30 | SESSION 4
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09:00 - 09:45 | Mariana Pires (Banco de Portugal; Nova School of Business and Economics) |How Does Monetary Policy Affect Household Portfolios?
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09:45 - 10:30 | Artashes Karapetyan (ESSEC) | More Data, More Credit? Information Sharing and Bank Credit to Households
Coffee break: 10:30
11:00-12:45 | SESSION 5
11:00 - 11:45 | Jacopo Bonchi (Alma Mater Università di Bologna) |A Theory of Public Debt as a Macro-Financial Stability Tool
11:45 - 12:30 | Carola Muller (Banco de España) | Mutual Fund Runs and the Transmission of Liquidity Risk to Banks
Lunch: 12:45-14:15
14:30-16:00 | SESSION 6
14:30 - 15:15 | Salvatore Miglietta (BI Norwegian Business School) | Shareholder Empowerment and Ownership Structure in a Free-Contracting Environment
15:15 - 16:00 | Fabrizio Core (LUISS) | Board Gender Quotas and Female Borrowing: Evidence from
Loan-Level Data
Economic history
JULY 9
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REGISTRATION 8:30 - 9:00
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09:00 - 10:30 | SESSION 1
Jonathan Chapman (University of Bologna) | Justices of the Peace: Legal Foundations of the Industrial Revolution
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Marco Martinez (University of Pisa) | Tracing literacy during the British Industrial Revolution: new evidence from parish marriage certificates, 1750-1839
Coffee break 10:30
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11:00 - 12:45 | SESSION 2
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Michele Calabria (University of Turin) | Beyond Crises: An Empirical Reassessment of Banking Instability in Italy (1890-1973)
Gastòn Diaz (Universidad de la República, Uruguay) | Latin America’s experience with the gold standard, 1867-1914: managing the external constraint without a central bank
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Lunch: 12:45 - 14:00
14:00 - 15:30 | SESSION 3
Ugo Gragnolati (University of Cagliari) | The causal analysis of historic transport networks: Sources of endogeneity and limitations of the least-cost path approach
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Michele Magnani (Bocconi University) | Historical Newspaper Markets
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Break 15:30 - 15:45
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15:45 - 17:15 | SESSION 4
Dario Chiaiese (University of Siena) | Schools taken by storm: severe weather events and education in post-war Italy
Nicola Fresco (University of Siena) | Reluctant Citizens? Conscription Evasion and the Making of State Capacity in Liberal Age Italy, 1862-1912
SOCIAL DINNER - 20:30