Stefano Giglio: Pioneering Asset Pricing and Macroeconomic Risk Management

Stefano Giglio, a renowned global scholar in the field of financial economics, has been appointed the Frederic D. Wolfe Professor of Finance and Management at the Yale School of Management (SOM). Giglio's extensive research and expertise span various domains, including asset pricing, macroeconomics, and climate finance, with a particular focus on managing macroeconomic risks such as crash risk, uncertainty risk, and climate risk.

Unlocking the Complexities of Asset Pricing and Macroeconomic Risks

A Prolific Researcher and Award-Winning Scholar

Stefano Giglio's academic achievements are truly remarkable. He has published an impressive 29 papers in top-tier journals, showcasing his exceptional research contributions to the field of economics. Giglio's work has been recognized with numerous prestigious awards, including the 2021 Carlo Alberto medal, the AQR Insight Award, the Fama-DFA Prize, and the Moskowitz prize for sustainable finance. These accolades are a testament to the originality, intelligence, and practical relevance of his research.

Shaping the Future of Asset Management and ESG Investing

Giglio's expertise extends beyond his groundbreaking research. He has been a valuable member of the Yale and SOM communities, sharing his knowledge and insights through teaching a range of courses, including those focused on financial instruments, risk management, and environmental, social, and governance (ESG) investing. Notably, Giglio has been instrumental in the success of SOM's Master's in Asset Management program, which was launched in 2021, both as a teacher and a contributor.

Bridging the Gap Between Academia and Industry

Prior to joining the Yale faculty in 2017, Giglio held the position of associate professor of finance at the University of Chicago Booth School of Business. His academic journey is marked by a strong foundation, having received his Ph.D. in economics from Harvard University and both an M.Sc. and B.A. from Bocconi University in Milan, Italy. Giglio's diverse educational background and professional experience have equipped him with a unique perspective, allowing him to bridge the gap between academia and the practical applications of his research in the investment world.

Mentoring the Next Generation of Scholars

In addition to his impressive research and teaching contributions, Giglio is also a dedicated mentor to doctoral students. His commitment to nurturing the next generation of scholars in the field of financial economics is a testament to his passion for advancing the discipline and shaping the future of the industry.

Navigating the Evolving Landscape of Climate Finance

Giglio's research interests extend beyond traditional asset pricing and macroeconomics, as he has also made significant contributions to the emerging field of climate finance. His work in this area explores the management of climate-related risks, providing valuable insights and strategies for investors and policymakers navigating the complex and rapidly evolving landscape of sustainable finance.