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Alessio Piccolo

Institution

Indiana University

PhD Year

2020

apiccol@iu.edu

FTG Membership

Member

Website

https://sites.google.com/site/alessipiccolo/home

Featured Work

Aug 4, 2025

Carlos F. Avenancio-Leon, Adelina Barbalau, Cyndi Xinyu Hou, Alessio Piccolo

Firms as Electoral Monopsonies

We study how dominant employers can act as electoral monopsonies, directly shaping electoral outcomes by leveraging local labor market power. We consider a model where a dominant employer can reshape the political preferences of the local electorate by conditioning their degree of economic activity on electoral outcomes. This form of electoral interference creates polarization in the community: some voters turn against redistributive policy, in some...

Aug 1, 2023

Alessio Piccolo, Michele Bisceglia,Jan Schneemeier | Working Paper No. 00113-01

Externalities of Responsible Investments

We develop a model to study the efficiency of socially responsible investments (SRI) as a market-based mechanism to control firms' externalities. When responsible investors interact with profit-motivated investors, the former tend to concentrate on a subset of firms in the economy, while excluding others. This concentration of responsible capital can mitigate free-riding and coordination issues in the adoption of green technologies, but it can also...