Veronica Guerrieri studies macroeconomics, search theory, labor and financial market frictions, dynamic contracting, and growth theory. "Coming from Europe, the malfunctioning of labor markets has always attracted my attention," she says. "My research explores frictional labor markets and other market imperfections."
Guerrieri won the "Bernácer Prize" in 2015, the "Carlo Alberto medal" in 2013, the “Alfred P. Sloan Research Fellowship” in 2011, the “Excellence Award in Global Economic Affairs” in 2010 from the Kiel Institute for the World Economy, the “Excellence in Refereeing Award” in 2008 and 2012 from the American Economic Review. Guerrieri is an associate editor of the American Economic Review and a referee for B.E. Journals in Macroeconomics, Econometrica, the Economic Journal, Economic Letters, the European Economic Review, the International Economic Review, the Journal of Economic Theory, the Journal of Political Economy, NSF, the Quarterly Journal of Economics, the Review of Economic Dynamics, and the Review of Economic Studies.
Guerrieri earned her bachelor's degree summa cum laude and master's degree in economics from Università Commerciale Luigi Bocconi in Milan in 2000 and 2001, respectively, and a PhD in economics from Massachusetts Institute of Technology in 2006. She joined Chicago Booth in 2006, she has been a Research Associate of the National Bureau of Economic Research since 2013, and she has been a consultant at the Federal Reserve Bank of Chicago since 2014. She has been a visiting professor at MIT, Yale, LSE, NYU, CREI and EIEF and a Visiting Scholar at the Federal Reserve Bank of Minneapolis.
With Robert Shimer, "Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality" American Economic Review. (2014)
With Daniel Hartley and Erik Hurst, "Endogenous Gentrification and Housing Price Dynamics" Journal of Public Economics. (2013)
“Inefficient Unemployment Dynamics under Asymmetric Information,” Journal of Political Economy.
With Daron Acemoglu, "Capital Deepening and Non-Balanced Economic Growth," Journal of Political Economy.
With Guido Lorenzoni, "Liquidity and Trading Dynamics," Econometrica.
With Robert Shimer and Randall Wright, “Adverse Selection in Competitive Search Equilibrium,” Econometrica.
With Peter Kondor, "Fund Managers, Career Concerns, and Asset Price Volatility," The American Economic Review.