Orazio is an International Research Fellow, working with colleagues at IFS on human capital in developing countries.
Orazio is a Professor at Yale, a Research Associate at the National Bureau of Economic Research (NBER), a Senior Fellow at the Bureau for Research and Economic Analysis of Development and a Research Fellow at the Centre for Economic and Policy Research. In 2001 he was elected Fellow of the Econometric Society and in 2004 Fellow of the British Academy. He was President of the European Economic Association in 2014, and is a member of the Council of the Royal Economic Society.
After obtaining his PhD at the London School of Economics, Orazio taught at Stanford University and the University of Bologna. He was also a National Fellow at the Hoover Institution at Stanford and visiting professor at the University of Chicago. He has been Managing Editor of the Review of Economic Studies, the Journal of the European Economic Association and Quantitative Economics.
His current research interests focus principally on development economics, household consumption and saving behaviour, risk sharing and inequality.
Education
PhD Economics, London School of Economics and Political Science, 1988
MSc Economics, London School of Economics and Political Science, 1984
Laurea (Summa Cum Laude) Statistical and Economic Sciences, Universita’ di Bologna, 1982
Chapter 2 from the book, 'Longer-term Consequences of the Great Recession on the Lives of Europeans', edited by Agar Brugiavini and Guglielmo Weber and published by Oxford University Press in May 2014.
Chapter 3 from the book, 'Longer-term Consequences of the Great Recession on the Lives of Europeans', edited by Agar Brugiavini and Guglielmo Weber and published by Oxford University Press in May 2014.
This paper contributes to the debate regarding trends in consumption inequality in the United States. The authors present a new measure of consumption inequality based on the redesigned 1999–2011 PSID.
The authors investigate the role of expected returns to schooling and of perceived risks (of unemployment and earnings) as determinants of schooling decisions, as well as analysing whether youths' and/or mothers' expectations predict schooling decisions, and whether this depends on the age and gender of the youth.
estimate and test the restrictions of a collective model of household consumption, using z-conditional demands, in the context of a large conditional cash transfer program in rural Mexico. The model can explain the impacts of the program on the structure of food consumption.
In this paper, we estimate a collective model of household consumption and test the restrictions of collective rationality using z-conditional demands in the context of a large Conditional Cash Transfer programme in rural Mexico.
This article outlines how a home visiting intervention in Colombia, delivered at scale through partnering with existing social welfare systems, successfully increased the variety of play materials and play activities in poor households with children aged between 1 and 2 years at the start of the intervention.
In this paper, we estimate the effect of the Mexican conditional cash transfer programme, Oportunidades, on transfers, savings and consumption for treated households.
The World Bank commissioned the IFS to develop a tax simulator for El Salvador, with an aim of increasing capacity for the distributional and revenue analysis of tax reforms in this country. This is the final paper of this project.
Microfinance institutions across the world are moving from group lending to individual lending. This EBRD Impact Brief presents some such evidence from a recent randomised field experiment in Mongolia.
Using data from an experiment conducted in 70 Colombian communities, we investigate who pools risk with whom when trust is crucial for enforcing risk pooling arrangements.
