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Tommaso Santini, Ph.D.

Tommaso Santini, Ph.D.
Aktuelle Position

seit 7/26

Wissenschaftlicher Mitarbeiter im Zentrum für Firmen- und Produktivitätsdynamik (IWH-CBPD)

Leibniz-Institut für Wirtschaftsforschung Halle (IWH)

Forschungsschwerpunkte
  • Makroökonomik
  • Arbeitsmarktökonomik
  • technologischer Wandel
  • Innovation
  • Wirtschaftswachstum

Tommaso Santini ist seit 2022 am IWH tätig und seit Juli 2026 wissenschaftlicher Mitarbeiter im Zentrum für Firmen- und Produktivitätsdynamik (IWH-CBPD). Seine Forschungsschwerpunkte liegen in den Bereichen Makroökonomik, Arbeitsmarktökonomik und technologischer Wandel.

Tommaso Santini hat an der Sapienza Università di Roma studiert. Er promovierte an der Universitat Autònoma de Barcelona. Nach der Promotion arbeitete er als PostDoc an der Universidad Carlos III de Madrid.

Ihr Kontakt

Tommaso Santini, Ph.D.
Tommaso Santini, Ph.D.
- Abteilung Zentrum für Firmen- und Produktivitätsdynamik
Nachricht senden +49 345 7753-784 Persönliche Seite

Publikationen

Zitationen
18

Arbeitspapiere

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From Shares to Machines: How Common Ownership Drives Automation

Joseph Emmens Dennis Hutschenreiter Stefano Manfredonia Felix Noth Tommaso Santini

in: IWH Discussion Papers, Nr. 23, 2024

Abstract

This paper studies whether common ownership affects the direction of technological change. We develop a task-based model in which commonly owned firms internalize wage externalities from labor market rivals, increasing incentives to automate. We establish causality by exploiting institutional investor mergers in a dynamic DiD design, using U.S. data on institutional ownership, establishment-level employment, and automation patents. When institutional investor mergers increase common ownership among labor market rivals, the annual probability of those firms producing an automation patent increases by 3.79 percentage points and employment growth falls by 3.8 percentage points on average. Both effects disappear without labor market overlap.

Publikation lesen
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Automation with Heterogeneous Agents: The Effect on Consumption Inequality

Tommaso Santini

in: IWH Discussion Papers, Nr. 28, 2022

Abstract

In this paper, I study technological change as a candidate for the observed increase in consumption inequality in the United States. I build an incomplete market model with educational choice combined with a task-based model on the production side. I consider two channels through which technology affects inequality: the skill that an agent can supply in the labor market and the level of capital she owns. In a quantitative analysis, I show that (i) the model replicates the increase in consumption inequality between 1981 and 2008 in the US (ii) educational choice and the return to wealth are quantitatively important in explaining the increase in consumption inequality.

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