Francesco Trebbi

Francesco Trebbi is Professor of Business and Public Policy at the University of California Berkeley's Haas School of Business, Research Associate of the NBER, and a Research Fellow of CEPR. Dr. Trebbi focuses on the organization of nonmarket environments (government, special interest groups, military forces) and their interaction with the economy. This is an area of investigation that touches multiple fields within the economic discipline, from economic development to public economics, and within political science, from comparative politics to methods. He has worked on political institutions and their design in consolidated democracies and in autocracies, as well as on electoral campaigns and campaign finance, lobbying, housing and banking regulation, and public administration. His primary teaching interests are in political economy and applied economics more broadly. Professor Trebbi holds a PhD in Economics from Harvard University and was on the faculty of the University of Chicago Booth School of Business from 2006 to 2010 and the University of British Columbia from 2010 to 2020. He was also a Visiting Professor of Economics at Stanford University during 2017–18.

“Comments for Sale”: Charitable Donations Can Lead Non-profits to Support Corporate Regulatory Agendas

A new paper shows how financial ties between companies and non-profits can subvert rulemaking process and lead to regulations that favor the...

“Thank You and Farewell”: Francesco Trebbi on Alberto Alesina’s Intellectual Legacy

There are two main intellectual precursors of modern political economy in 20th Century: Social Choice and Public Choice. In founding modern political...

From Politics to Macroeconomics and Beyond

Alberto Alesina’s curiosity and intellect led him to a research path that opened up entire fields of research and deepened our understanding...

The Political Footprint of Big Tech in Five Easy Charts

Big tech firms have been active in Washington since the early days of the Microsoft antitrust case, but in recent years they have increased...

When Taxpayers Subsidize Corporate Lobbying: How Firms Use Charitable Giving to Influence Politics

A new Stigler Center working paper examines a more roundabout way that companies can influence legislators: by donating money to charities in lawmakers’ districts....

The Big Picture: Clientelism, Plutocracy, and Democratization

Why is the electoral process not enough to rid nations of pathological political distortions such as cronyism and corruption?   This is the second installment of ProMarket’s...

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How the Rise of Labor Market Power Helps Explain the Fall of US Manufacturing Employment

A new working paper explores the increase in labor market power in the US and what’s driving it. It shows manufacturing workers...

How Manufacturing’s Lobby Won and Lost its Political Influence

What happens when supporting capitalism hurts capitalists? Do business lobbies ever control the economy to the extent we think they do? The...

How Apple Locks Out the Competition with Its Digital Key

Apple’s efforts to dominate the contactless payments market and lock up the “digital key” space pose a profound threat to consumer privacy...

The Dawn of Antitrust and the Egalitarian Roots of the Sherman Act

While it isn’t particularly controversial that concentrated economic power was a legislative target of the Sherman Act, when read as a corollary...

The Varied Ideologies—and Practices—of Socialist Nations in the Developing World

In an excerpt from his new book Ripe for Revolution: Building Socialism in the Third World, Harvard Business School professor Jeremy Friedman...

How Much Can We Trust Index Funds on Climate Change?

According to a theory that is gaining support among academics and practitioners, we should expect index fund managers to undertake the role...

The Ties that Bind Workers to Firms: No-Poach Agreements, Noncompetes, and Other Ways Firms Create and Exercise Labor Market Power

Collusive no-poach agreements are per se illegal, but noncompete clauses are not. Recent research casts doubt on the rationale for this legal...