Elena Pastorino

Research Fellow
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 Research Fellow at SIEPR (Stanford Institute of Economic Policy Research). Her main interests are in the areas of labor economics and macroeconomics. Her research focuses on understanding the dynamics of individual wages, job mobility, and employment both at life-cycle and business-cycle frequencies, and on evaluating the impact of social insurance programs and government policies in labor markets.

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Recent Commentary

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