Elena Pastorino

Research Fellow
Research Team: 
Awards and Honors:
Banque de France
(2019)
National Science Foundation
(2020)
Biography: 

Elena Pastorino is a research fellow at the Hoover Institution, a faculty research fellow at the Department of Economics at Stanford University, and a social science research scholar at the Stanford Institute of Economic Policy Research. Her interests are in the areas of labor economics, macroeconomics, and development economics. Her research focuses on understanding the determinants of wages, job mobility, employment, and consumption, and on evaluating the impact of government policies in both developed and developing countries.

Pastorino’s work studies the mechanisms that generate wage growth and persistent income and wealth inequality; the causes and consequences of aggregate fluctuations in employment; the impact of technological innovation, the minimum wage, and social insurance programs on the participation of low-skilled workers in US labor markets and on the competitiveness of US product markets; and the role of transfer programs in alleviating poverty in Latin America.
 
In 2019, Pastorino was awarded a grant from the Banque de France for her research on “Asset Prices and Unemployment Fluctuations.” In 2020, the National Science Foundation awarded Pastorino a grant for her research on “The Impact of Big Data on Dynamic Personalized Pricing: Theory and Evidence.”

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Featured

Challenges And Opportunities From The Pandemic In Europe: The Case Of Italy

by Elena Pastorino, Alessandra Foglivia Stanford Institute for Economic Policy Research (SIEPR)
Tuesday, August 31, 2021

The COVID-19 pandemic has presented the world with challenges that are unprecedented in recent times. For the bloc of 27 European countries and roughly 500 million people that constitute the European Union (EU), these challenges have been coupled with those stemming from its peculiar design.

Blank Section (Placeholder)Analysis and Commentary

Do Income Transfers Work In Developing Countries?

by Elena Pastorinovia Defining Ideas
Wednesday, March 10, 2021

Designers of such anti-poverty programs must look more closely into how markets work.

Evolution of Modern Business Cycle Models: Accounting for the Great Recession

by Patrick J. Kehoe, Virgiliu Midrigan, Elena Pastorinovia Economics Working Papers
Friday, October 16, 2020

Economics Working Paper 20121

On the Importance of Household versus Firm Credit Frictions in the Great Recession

by Patrick J. Kehoe, Pierlauro Lopez, Virgiliu Midrigan, Elena Pastorinovia Economics Working Papers
Wednesday, April 1, 2020
Economics Working Paper 20110

Nonlinear Pricing in Village Economies

by Orazio Attanasio, Elena Pastorinovia Economics Working Papers
Wednesday, January 1, 2020

Economics Working Paper 20109

Analysis and Commentary

Asset Prices And Unemployment Fluctuations

by Patrick J. Kehoe, Pierlauro Lopez, Virgiliu Midrigan, Elena Pastorinovia The National Bureau Of Economic Research
Tuesday, December 31, 2019

Recent critiques have demonstrated that existing attempts to account for the unemployment volatility puzzle of search models are inconsistent with the procylicality of the opportunity cost of employment, the cyclicality of wages, and the volatility of risk-free rates. 

Asset Prices and Unemployment Fluctuations

by Patrick J. Kehoe, Pierlauro Lopez, Virgiliu Midrigan, Elena Pastorinovia Economics Working Papers
Friday, November 1, 2019
Economics Working Paper 19119