Stefano Giglio

Stefano Giglio is a Professor of Finance at Yale School of Management. His research focuses on hedging macroeconomic risks, such as crash risk, uncertainty risk, and climate risk, using various financial instruments. His work spans asset pricing, macroeconomics, and climate finance. Before joining Yale, he was an Associate Professor of Finance at the University of Chicago Booth School of Business. He holds a PhD in Economics from Harvard University. Professor Giglio is a Faculty Research Fellow at the National Bureau of Economic Research and a Research Affiliate at the Center for Economic Policy Research. He has served as an editor for the Review of Financial Studies.

Stefano Giglio is a Financial Economics researcher at Yale School of Management, focusing on the intersection of financial markets, macroeconomic factors, and risk management. His work explores how investors respond to uncertainty, the pricing of risk in asset markets, and the impact of climate and biodiversity risks on financial systems. He investigates topics such as systemic risk, factor models, and the role of beliefs in portfolio decisions. His research also addresses the implications of climate change on financial markets and real estate valuations, as well as the pricing of variance risk and the dynamics of ESG beliefs. His publications often combine empirical analysis with theoretical frameworks to understand asset pricing and market behavior.