Julian di Giovanni, Professor in the Department of Economics and Business of the UPF and an ICREA Researcher, has been awarded a Consolidator Grant from the European Research Council (ERC) to carry out the project entitled "Global Production Networks and Macroeconomic Interdependence".

The project is based on the fact that researchers and policymakers alike have highlighted the potential efficiency gains of a global production structure. However, such linkages also raise the possibility of risks. Prof. di Giovanni tackles both empirical and theoretical challenges in incorporating the microeconomic structure of trade and international production networks in the study of propagation of shocks internationally, and their impact on macroeconomic interdependence. Using newly constructed micro-level datasets, the project provides quantitative analysis of the importance of the likages in multicountry general equilibrium models of trade.

Prof. di Giovanni earned his PhD in Economics at the University of California, Berkeley in 2004. Currently he is an ICREA Research Professor at the UPF, Deputy Director for Research and a Research Professor at the Barcelona GSE, a Research Associate at the Center for Research in International Economics (CREI), and a Research Fellow of the CEPR.

He has previously been awarded an International Incoming Fellowship from the European Research Council Marie Curie Actions (2014), and a European Research Council Consolidator Grant (2016). His work has appeared in the American Economic Review, Econometrica, the Journal of Political Economy, the Journal of the European Economic Association, American Journal of Economics: Macroeconomics, and the Journal of International Economics, among others.

Click here for a list of the ERC grants won by faculty of the Department of Economics and Business.