Stefania Garetto

Stefania Garetto is an Associate Professor in the Department of Economics at Boston University. She specializes in international trade and macroeconomics, focusing on foreign direct investment, multinational corporations, and structural dynamic modeling. Her research explores the creation of multinational firms via mergers and acquisitions, their spatial expansion, and the interplay of real and financial factors in global markets. She is a Research Associate at the National Bureau of Economic Research (NBER) and a Research Fellow at the Centre for Economic Policy Research (CEPR).

Education: PhD in Economics from the University of Chicago.

Research interests include global banking, firm heterogeneity, risk-return dynamics in multinational production, and policy analysis. Her recent work combines empirical analysis with quantitative models to study topics like shock transmission in global banking systems and the origins of multinational premiums. Articles have been featured in Journal of International Economics, Quarterly Journal of Economics, and American Economic Journal: Macroeconomics.

Teaching includes PhD-level International Trade (EC 791), master’s Globalization Economics (EC 598), and undergraduate courses in International Trade and Microeconomics. She has advised on numerous working papers and contributed to discussions at major conferences such as NBER ITI Summer Institutes and the Women in Macro Conference.

Her current projects include analyzing the Cuban Embargo’s welfare impacts, real options in international economics, and long-run risks of FDI. She maintains an active presence in academic discussions, providing commentary on seminal papers in trade and financial integration.