Stefania Garetto is a assistant professor in the economics department at Boston University, where she studies macroeconomics and international trade. Her current research agenda studies the implications of firms' international activities for asset prices. In her working paper "Risk, Returns, and Multinational Production", she finds that exporters and multinational firms are riskier than firms not exposed to international markets, somehow contrary to the belief that international operations lead to diversification. The paper develops a structural model to match the data qualitatively and quantitatively.
The professor joined the department at Boston University in 2008. Garetto was an International Economics Section fellow in the economics department at Princeton from 2008 to 2009. She has been a visiting scholar at the Paris School of Economics and the Federal Reserve banks of Minneapolis and St. Louis and serves a reviewer of the Handbook of International Economics.
Garetto received her undergraduate education in economics and social sciences from Bocconi University in Milan, graduating summa cum laude. She went on the earn he masters and PhD in economics from the University of Chicago in 2008.