Federico Trombetta
banner
icotrombetta.bsky.social
Federico Trombetta
@icotrombetta.bsky.social
Economist. Political Economy theory & applied game theory (accountability, selection, populism). PhD Warwick Econ,
AP-TT Universita' Cattolica. #firstgen #inter
Who drives this? Exactly who the model predicts: non-graduate, non-term-limited mayors show the strongest tax cuts; graduate or term-limited mayors don’t move. That’s classic pandering under higher loss costs.
November 19, 2025 at 3:42 PM
Selection result: the reform raises education. Average education of both mayoral candidates and elected mayors increases by ≈ +2 years around the threshold (~+13% vs. a ~15-year mean). “Pay peanuts, get monkeys”? Maybe—but how you pay matters.
November 19, 2025 at 3:42 PM
Also, high education mayors are less likely to take up positions in a SOE immediately after the end of their mandate.
November 19, 2025 at 3:42 PM
First check: does the law bite? Yes. The reform cuts the chance that mayors land top SOE posts by ~5 percentage points around the threshold, with no effect on firms where the state holds only a minority (placebo).
November 19, 2025 at 3:42 PM
• But PCOs are especially valuable to lower human-capital politicians → reducing them deters those candidates more. Overall: reduction in PCO value and in wage can have opposite effects.
November 19, 2025 at 3:42 PM
Do revolving doors shape who runs for office and how they govern? Short answer: yes—and not always the way you’d expect. New version of my paper with @matteogamalerio.bsky.social builds a model and looks at Italy’s 2013 “Severino” reform (cooling-off period). 🧵
November 19, 2025 at 3:42 PM
Who drives this? Exactly who the model predicts: non-graduate, non-term-limited mayors show the strongest tax cuts; graduate or term-limited mayors don’t move. That’s classic pandering under higher loss costs.
November 19, 2025 at 2:57 PM
Selection result: the reform raises education. Average education of both mayoral candidates and elected mayors increases by ≈ +2 years around the threshold (~+13% vs. a ~15-year mean). “Pay peanuts, get monkeys”? Maybe—but how you pay matters.
November 19, 2025 at 2:57 PM
Also, high education mayors are less likely to take up positions in a SOE immediately after the end of their mandate.
November 19, 2025 at 2:57 PM
First check: does the law bite? Yes. The reform cuts the chance that mayors land top SOE posts by ~5 percentage points around the threshold, with no effect on firms where the state holds only a minority (placebo).
November 19, 2025 at 2:57 PM
• But PCOs are especially valuable to lower human-capital politicians → reducing them deters those candidates more. Overall: reduction in PCO value and in wage can have opposite effects.
November 19, 2025 at 2:57 PM
🚨Time to release the calendar for the next term of our Political Economy Work-in-progress seminars! Tuesday, 5-6pm, Universita' Cattolica. You're welcome to join us! #EconBsky #PoliSciBsky
As usual, organized with Davide Cipullo, Tommaso Colussi and Domenico Rossignoli.
October 1, 2025 at 5:54 PM
🚨Davide Cipullo, Tommaso Colussi, Domenico Rossignoli and I are excited to open the call for the 2nd UniCatt Political Economy workshop! We have 2 great keynotes: Alessandra Casella and David Yanagizawa-Drott. Send us your papers (theory or empirics) and let us meet in Milano on December 18.
August 4, 2025 at 3:47 PM
And it's finally out! Once again, thanks to my amazing coauthor @matteogamalerio.bsky.social, the editor, the referees, and all those who helped in this journey.
July 30, 2025 at 3:17 PM
When? From 7th October 2025, every other Tuesday. Why? To get feedback on your work (incl. early stages projects. Both theory and empirics) and chat with other political economists in the Milan area. For more details, here is the call. Looking forward to meeting you in Milano!
July 10, 2025 at 7:36 AM
I've heard there is a great conference in NY on Friday & Saturday... Full program here: sites.google.com/nyu.edu/lse-...
May 29, 2025 at 8:18 AM
🚨 Time to release the calendar for the next term of our Political Economy Work-in-progress seminars! Tuesday, 5-6pm, Universita' Cattolica. Interested in Political Economy and living/working in the area? You're welcome to join us! #EconSky #PoliSciSky
January 19, 2025 at 1:02 PM
Looking forward to presenting tomorrow at the @cepr.org Paris Symposium, with so many great colleagues! #CEPRParis2024
December 16, 2024 at 8:53 AM
Time to release the calendar for the second term of our Political Economy Work-in-progress seminars! Tuesday, 5-6pm at Universita' Cattolica in Milano. Interested in Political Economy and living/working in the area? You're welcome to join us!
January 10, 2024 at 9:08 AM
WORKSHOP ANNOUNCEMENT: 1st UniCatt Political Economy workshop!
Two great keynote speakers: @grattonecon.bsky.social and Vincent Pons.
Send us your papers (theory or empirics) and let us meet in Milano on December 20!
Submission link: forms.gle/DFk1ZApJss4S...
Deadline: November 5.
October 20, 2023 at 9:00 AM