Professor
Real Estate
Expert on urban economics and labor economics
About
Enrico Moretti is the Michael Peevey and Donald Vial Professor of Economics at the University of California, Berkeley. He serves as the Editor in Chief of the Journal of Economic Perspectives and is a Visiting Scholar at the Federal Reserve Bank of San Francisco. He is also Research Associate at the National Bureau of Economic Research (Cambridge), Research Fellow at the Centre for Economic Policy Research (London) and the Institute for the Study of Labor (Bonn).
Professor Moretti’s research covers the fields of labor economics and urban economics. He has received several awards and honors, including the Society of Labor Economists’ Rosen Prize for outstanding contributions to labor economics, the Carlo Alberto Medal, the IZA Young Labor Economist Award and a Fulbright Fellowship. His book, “The New Geography of Jobs”, has been translated in seven languages and was awarded the William Bowen Prize for the most important contribution toward understanding public policy and the labor market.
Expertise and Research Interests
- Labor Economics
- Urban Economics
- The Economics of Cities and Regions
Books
- Enrico Moretti. The Effect of High-Tech Clusters on the Productivity of Top Inventors. Berkeley, NBER, CEPR.
August 2019 - Enrico Moretti, Chang-Tai Hsieh. Housing Constraints and Spatial Misallocation. American Economic Journal: Macroeconomics.
2019 - Enrico Moretti, Ulrike Malmendier. Winning by Losing: Evidence on Overbidding in Mergers. The Review of Financial Studies.
2018 - Enrico Moretti, Daniel Wilson. The Effect of State Taxes on the Geographical Location of Top Earners: Evidence from Star Scientists. American Economic Review.
2017 - Lance Lochner, Enrico Moretti. Estimating and Testing Models with Many Treatment Levels and Limited Instruments. The Review of Economics and Statistics.
2015 - Enrico Moretti. Are Cities the New Growth Escalator?. in ”The Urban Imperative: Towards Competitive Cities”.
2015 - Patrick Kline, Enrico Moretti. Local Economic Development, Agglomeration Economies and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority. Quarterly Journal of Economics.
2014 - Patrick Kline, Enrico Moretti. People, Places and Public Policy: Some Simple Welfare Economics of Local Economic Development Programs. Annual Review of Economics.
2014 - Enrico Moretti, Daniel J. Wilson. State Incentives for Innovation, Star Scientists and Jobs: Evidence from Biotech. The Journal of Urban Economics.
2013 - Patrick Kline, Enrico Moretti. Place Based Policies with Unemployment. American Economic Review, Papers and Proceedings.
2013 - Enrico Moretti, Per Thulin. Local Multipliers and Human Capital in the US and Sweden. Industrial and Corporate Change.
2013 - Enrico Moretti. Real Wage Inequality. American Economic Journal: Applied Economics.
2013 - David Card, Alexandre Mas, Enrico Moretti, Emmanuel Saez. Inequality at Work: the Effect of Peer Salaries on Job Satisfaction. American Economic Review.
2012 - Enrico Moretti. Local Labor Markets. Handbook of Labor Economics.
2011 - Enrico Moretti. Social Learning and Peer Effects in Consumption: Evidence from Movie Sales. Review of Economic Studies.
2011 - Janet Currie, Michael Greenstone, Enrico Moretti. Superfund Cleanups and Infant Health. American Economic Review.
2011 - Michael Greenstone, Richard Hornbeck, Enrico Moretti. Identifying Agglomeration Spillovers: Evidence from Winners and Losers of Large Plant Openings. Journal of Political Economy.
2010 - Local Multipliers. American Economic Review.
2010 - David Card, Kevin F. Hallock, Enrico Moretti. The Geography of Giving: The Effect of Corporate Headquarters on Local Charities. Journal of Public Economics.
2010 - Andrea Ichino, Loukas Karabarbounis, Enrico Moretti. The Political Economy of Intergenerational Income Mobility. Economic Inquiry.
2011 - Janet Currie, Stefano DellaVigna, Enrico Moretti, Vikram Pathania. The Effects of Fast Food Restaurants on Obesity. American Economic Journal: Economic Policy.
2010 - Enrico Moretti, Matthew Neidell. Pollution, Health, and Avoidance Behavior: Evidence from the Ports of Los Angeles. Journal of Human Resources.
2011 - Alexandre Mas, Enrico Moretti. Peers at Work. American Economic Review.
2009 - Gordon B. Dahl, Enrico Moretti. The Demand for Sons. Review of Economic Studies.
2008 - Andrea Ichino, Enrico Moretti. Biological Gender Differences, Absenteeism and the Earning Gap. American Economic Journal: Applied Economics.
2019 - David S. Lee, Enrico Moretti. Bayesian Learning and the Pricing of New Information: Evidence from Prediction Markets. American Economic Review.
2009 - Alexandre Mas, Enrico Moretti. Racial Bias in the 2008 Presidential Election. American Economic Review.
2009 - Olivier Deschenes, Enrico Moretti. Extreme Weather Events, Mortality and Migration. Review of Economics and Statistics.
2009 - Janet Currie, Enrico Moretti. Biology As Destiny? Short and Long-Run Determinants of Intergenerational Transmission of Birth Weight. Journal of Labor Economics.
2007 - Chang-Tai Hsieh, Enrico Moretti. Did Iraq Cheat the United Nations? Underpricing, Bribes, and the Oil for Food Program. Quarterly Journal of Economics.
2006 - Marco Manacorda, Enrico Moretti. Why do Most Italian Youths Live with Their Parents? Intergenerational Transfers and Household Structure. Journal of the European Economic Association.
2006 - Brian Jacob, Lars Lefgren, Enrico Moretti. The Dynamics of Criminal Behavior. Journal of Human Resources.
2007 - David Card, Enrico Moretti. Does Voting Technology Affect Election Outcomes? Touch-screen Voting and the 2004 Presidential Elections. Review of Economics and Statistics.
2007 - Enrico Moretti. Private and Social Returns to Education. Rivista di Politica Economica.
2006 - Anna Aizer, Janet Currie, Enrico Moretti. Does Managed Care Hurt Health? Evidence from Medicaid Mothers. Review of Economics and Statistics.
2007 - Paul Gertler, David Levine, Enrico Moretti. Do Microfinance Programs Help Families Insure Consumption Against Illness?. Health Economics.
2009 - Paul Gertler, David I. Levine, Enrico Moretti. Is Social Capital the Capital of the Poor? The Role of Family and Community in Helping Insure Living Standards Against Health Shocks. CESifo Economic Studies.
2006 - Crime and the Costs of Criminal Justice. In ”The Price We Pay: Economic and Social Consequences of Inadequate Education”.
2007 - Enrico Moretti. Did the Introduction of Food Stamps Affect Birth Outcomes in California?. In ”Making Americans Healthier”.
2008 - Enrico Moretti. Workers’ Education, Spillovers and Productivity: Evidence from Plant-Level Production Functions. American Economic Review.
2004 - Lance Lochner, Enrico Moretti. The Effect of Education on Criminal Activity: Evidence from Prison Inmates, Arrests and Self-Reports. American Economic Review.
2004 - Enrico Moretti. Estimating the Social Return to Higher Education: Evidence From Cross-Sectional and Longitudinal Data. Journal of Econometrics.
2004 - David S. Lee, Enrico Moretti, Matthew J. Butler. Do Voters Affect or Elect Policies? Evidence from the U.S. House. Quarterly Journal of Economics.
2004 - Kevin Milligan, Enrico Moretti, Philip Oreopoulos. Does Education Improve Citizenship? Evidence from the U.S. and the U.K.. Journal of Public Economics.
2006 - Enrico Moretti. Human Capital Externalities in Cities. Handbook of Urban and Regional Economics.
2004 - Amos Golan, E. Horstman Moretti, Jeffrey M. Perloff. A Small Sample Estimator For Sample Selection. Econometric Reviews.
2004 - Chang-Tai Hsieh, Enrico Moretti. Can Free Entry Be Inefficient? Fixed Commission and Social Waste in the Real Estate Industry. Journal of Political Economy.
2003 - Janet Currie, Enrico Moretti. Mother’s Education and the Intergenerational Transmission of Human Capital: Evidence from College Openings. Quarterly Journal of Economics.
2003 - Enrico Moretti, Jeffrey M. Perloff. Efficiency Wages and Deferred Payments in Agriculture. American Journal of Agricultural Economics.
2002 - Enrico Moretti. Do Wages Compensate for Risk of Unemployment? Parametric and Semiparametric Evidence from Seasonal Jobs. Journal of Risk and Uncertainty.
2000 - Enrico Moretti, Jeffrey M. Perloff. Use of Public Transfer Programs and Private Aid by Farm Workers. Industrial Relations.
2000 - Enrico Moretti. Migrations and Social Networks: Italy 1889-1913. International Migration Review.
1999 - Amos Golan, Enrico Moretti, Jeffrey M. Perloff. An Information Based Sample Selection Model of Agricultural Workers’ Choice Between Piece Rate and Hourly Work. American Journal of Agricultural Economics.
1999 - Enrico Moretti. Optimal Environmental Policies Under Uncertainty and Irreversibility. Giornale degli Economisti (in Italian).
1993
- The Effect of High-Tech Clusters on the Productivity of Top Inventors,
August 2019 - Taxing Billionaires: Estate Taxes and the Geographical Location of the Forbes 400
April 2019 - Wage Equalization and Regional Misallocation: Evidence from Italian and German Provinces
February 2019 - Estimating Who Benefits From Productivity Growth: Direct and Indirect Effects of City Manufacturing TFP Growth on Wages, Rents, and Inequality
January 2019 - Matching in Cities
2019 - The Geography of Consumption Inequality
2019 - Agglomeration of Urban Amenities: Evidence from Milano Restaurants
2019 - The World’s Rust Belts
2019 - The Intellectual Spoils of War? Defense R&D, Productivity and Spillovers
2019 - Bidding for Industrial Plants: Does Winning a ’Million Dollar Plant’ Increase Welfare?
2004
At Haas since 2016
2016 – Present, Professor, Real Estate Group, Haas School of Business
2016 – Present, Research Affiliate, International Growth Centre, London
2015 – Present, Editor in Chief, Journal of Economic Perspectives
2008 – Present, Michael Peevey and Donald Vial Professor of Economics, Department of Economics
2008 – Present, Visiting Scholar, Federal Reserve Bank of San Francisco
2008 – Present, Honorary Fellow, Collegio Carlo Alberto, Torino, Italy
2007 – Present, Senior Fellow, Rimini Centre for Economic Analysis, Italy
2005 – Present, Research Associate, National Bureau of Economic Research, Cambridge
2004 – Present, Research Fellow, Centre for Economic Policy Research, London
2004 – Present, Research Fellow, Institute for the Study of Labor (IZA), Bonn
2015-2016 Vic Trione Visiting Professor of Economics, Stanford University
2008 – 2014, Director, Urbanization Program, International Growth Centre, London School of Economics, London
2013 Consultant, World Bank
Oct 2011, Visitor, Cowles Foundation for Research in Economics, Yale University
2010 – 2011, Vic Trione Visiting Professor of Economics, Stanford University
2004 – 2008, Associate Professor (with tenure), Department of Economics, University of California, Berkeley
2000 – 2004, Assistant Professor, Department of Economics, UCLA
2002 Visiting Scholar, Columbia Business School
2002 – 2005, Faculty Research Fellow, National Bureau of Economic Research, Cambridge
1993 – 1994, Social Worker, City of Cassano Magnago, Italy
Best Paper Prize – American Economic Journal, Applied Economics for the paper “Real Wage Inequality”
2015
Sherwin Rosen Prize for Outstanding Contributions in the Field of Labor Economics, awarded by the Society of Labor Economists
2014
Fellow, Society of Labor Economists
2014
William Bowen Prize, awarded by Princeton University Industrial Relations Section to the book making the most important contribution toward understanding public policy and the labor market
2013
Carlo Alberto Medal, awarded to an Italian economist under the age of 40 for his/her outstanding research contributions to the field of economics
2008
IZA Young Labor Economist Award, for an outstanding paper published in labor economics by a researcher younger than 40
2006
Alfred P. Sloan Doctoral Dissertation Fellowship
1999
Fulbright Fellowship
1994
Scholarship for Best Undergraduate Thesis, Lombardia Regional Council, Italy
1993
Best Undergraduate Thesis in Public Economics, CIRIEC, Milano, Italy
1993
Grant
Fisher Center for Real Estate and Urban Economics
2016 – 2018
Grant
NBER Innovation Policy
2015 – 2016
Research Grant
Microsoft
2013 – 2014
Grant
Fisher Center for Real Estate and Urban Economics
2013 – 2014
Grant
NBER Innovation Policy
2011 – 2012
Research Grant
Microsoft
2011 – 2012
Policy Research Grant
Upjohn Institute
2011 – 2012
Grant
Fisher Center for Real Estate and Urban Economics
2010 – 2011
Research Grant
Equitable Growth Center
2010 – 2013
UK Center for Poverty Research
Regional Grant
2009 – 2010
Pilot Grant
Robert Wood Johnson Foundation and BPC
2008 – 2009
Grant
Labor and Employment Research Fund
2007 – 2008
Grant
National Institute of Health (with J. Currie and M. Greenstone)
2007 – 2009
Grant
Coleman Fung Risk Management (with U. Malmendier)
2006 – 2007
Grant
Labor and Employment Research Fund (with A. Mas)
2006 – 2007
Research Grant
Center for Health
2006 – 2007
Grant
UC Berkeley Council on Research
2004 – 2010
Grant
CEDA
2005 – 2006
Research Grant
Center for Health
2005 – 2006
NBER Fellowship for the Study of Nonprofit Institutions
(With D. Card)
2004 – 2005
Grant (with J. Currie)
National Science Foundation
2003 – 2007
Grant (with D. Lee)
National Science Foundation
2002 – 2006
Grant (with M. Neidell)
California Center for Population Research
2003 – 2004
Grant
UCLA Academic Senate
2000 – 2004
- The Winners of Remote Work, The New York Times, 08/31/2021
- How to Ensure the ‘Endless Frontier’ Won’t Be a Bottomless Pit, Bloomberg, 04/23/2021
- Biden’s innovative idea for tackling skyrocketing housing prices, Vox, 04/08/2021
- A new study assesses whether inheritance taxes boost net revenues, The Economist, 11/30/2019
- How to Get a Better Deal From a Real Estate Agent, The New York Times, 10/24/2019
- Estate Tax Can Pay Off for States, Even if the Superrich Flee, The New York Times, 10/20/2019
- Interview with Enrico Moretti, Econ Focus (Federal Reserve Bank of Richmond)
- How Smaller Cities Are Trying to Plug America’s Brain Drain, WIRED, 08/12/2019
- The Benefits of High-Tech Job Growth Don’t Trickle Down, CityLab, 08/08/2019
- Why New York City Made a Big Mistake Saying ‘No’ to Amazon, The National Interest, 08/02/2019
- To Fix Its Housing Crunch, One U.S. City Takes Aim at the Single-Family Home, Bloomberg, 07/31/2019
- America’s Dual Housing Crisis and What Democrats Plan to Do About It, Explained, Vox, 07/30/2019
- Tech Companies Say it’s Too Hard to Hire High-Skilled Immigrants in the U.S. — So They’re Growing in Canada Instead, Time Magazine, 07/25/2019
- Does Focusing on Manufacturing Make Sense for the US?, Bloomberg, 06/20/2019
- Does New York Still Have a Future in Tech?, The New York Times, 02/20/2019