# Gian Luca Clementi

0 glc3 [Tenured or Tenure Track](/taxonomy/term/4799) Professor of Economics 2003 [ Personal Website ](http://www.stern.nyu.edu/~gclement)      ![Gian Luca Clementi profile photo](/sites/default/files/styles/480w_x_543h/public/media/glc3.jpg?h=d4ad0f47&itok=IPqP_GZx)

Kaufman Management Center

44 West Fourth Street, 7-71

New York, NY 10012

7-71 0 - Ph.D., Economics, 2000

University of Rochester
- M.A., Economics, 1998

University of Rochester
- B.A., Economics, 1993

Universita' di Bologna

- Business and Government
- Global Economy

Gian Luca Clementi is a Professor of Economics at the Stern School of Business, New York University. Professor Clementi earned a B.A in Economics from the University of Bologna and a M.A. and PhD in Economics from the University of Rochester. Before joining Stern, he was an Assistant Professor of Finance at the Tepper School of Business, Carnegie Mellon University.

Professor Clementi's research focuses on the role played by firm-level dynamics in shaping macroeconomic outcomes.

Region/Country

- Europe
- New York City

Economics

- Economic Indicators
- Emerging Markets
- Federal Reserve Bank/Central bank
- International Economic Policy
- International Monetary Fund (IMF)
- Macroeconomics
- Treasury Department

Finance

- Executive Pay

- Macroeconomics

- NBER Faculty Research Fellow

- Clementi, Gian Luca, Palazzo, Berardino

[Investment and the Cross-Section of Equity Returns](https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12730)

Journal of Finance, 2019
- Clementi, Gian Luca, Palazzo, Berardino

[Entry, Exit, Firm Dynamics, and Aggregate Fluctuations](https://pubs.aeaweb.org/doi/pdfplus/10.1257/mac.20150017)

AEJ Macro, 2016
- Castro, Rui, Clementi, Gian Luca, MacDonald, Glenn

[Legal Institutions, Sectoral Heterogeneity, and Economic Development](https://www.jstor.org/stable/40247613?seq=1)

ReStud, 2009
- Castro, Rui, Clementi, Gian Luca, MacDonald, Glenn

[Investor Protection, Optimal Incentives, and Economic Growth](https://academic.oup.com/qje/article-abstract/119/3/1131/1938824?redirectedFrom=PDF)

QJE, 2004
- Clementi, Gian Luca, Hopenhayn, Hugo A

[A Theory of Financing Constraints and Firm Dynamics](https://academic.oup.com/qje/article-abstract/121/1/229/1849017?redirectedFrom=PDF)

QJE, 2006