BIPR | Faculty Profile

Bio

Stefano Ungaro is Adjunct Professor at SAIS Europe

Stefano Ungaro is a Senior Research Economist at Banque de France. Before joining the Bank, he taught financial and monetary economics at University Paris 1 Panthéon-Sorbonne, European Business School Paris and Sciences Po Paris. His research focuses on banking, the digitalization of the financial system, and economic history. He writes economic-history-focused op-eds in Domani. He holds a PhD in Economics from Paris School of Economics and a MSc in Economics and Social Science from Bocconi University.

Selected Publications

Les acteurs numériques de la finance : un pas vers la rentabilité?
with L. Clerc, P. Harguindeguy and T. Dufour. Banque de France, in ACPR 142 (2022)

Economics, Finance, & Trade

The Real Effects of Bank Runs. Evidence from the French Great Depression (1930-1931)
with E. Monnet and A. Riva, in CEPR Discussion Paper<.i> (April 15, 2021)

Economics, Finance, & Trade

Flight-to-safety and the credit crunch: a new history of the banking crises in France during the Great Depression
with P. Baubeau, E. Monnet, and A. Riva, in Economic History Review 74:1 (2021)

Economics, Finance, & Trade

History

Les crises bancaires en France pendant la Grande Dépression: une histoire renouvelée
with P. Baubeau, E. Monnet, and A. Riva, in Revue d'Economie Financière 137 (2020)

Economics, Finance, & Trade

History

Les Jours Noirs à la Bourse de Paris (Black Days on the Paris Stock Exchange): The Settlement of July 1914 and the Intervention of the Banque de France
in Les Banques Centrales pendant la Grande Guerre, O. Feiertag and M. Margairaz, (editors), Presses de Sciences Po (2020)

Economics, Finance, & Trade

History

Collecting and storing historical financial data: the DFIH project
with J. Ducros, E. Grandi, P.C. Hautcoeur, R. Hekimian, E. Prunaux, and A. Riva, in Computational Social Science in the Age of Big Data, C.M. Stuetze, M. Welker, and M. Egger (editors), Herbert Von Halem Verlag (2018)

Economics, Finance, & Trade

History

Le projet DFIH, humanités numériques et histoire financière
with J. Ducros, E. Grandi, R. Hekimian, A. Riva, in Expérimenter les humanités numériques: Des outils individuels aux projets collectifs, E. Cavalié, F. Clavert, O. Legendre, and D. Martin (editors), Les Presses de l'Université de Montréal (2017)

Economics, Finance, & Trade

History

See All Scholars' Publications

Courses

Digital Transformation

The digital economy has become an integral part of our global economic landscape, driven by digital goods and services that permeate multiple sectors. This course explores the fundamental concepts and historical evolution of the digital economy, highlighting key factors and technological milestones that have shaped its development. Through a comprehensive exploration, students will gain insight into how individuals and businesses interact in digital markets. They will also examine how these markets can be designed and regulated in an ever-evolving digital ecosystem. Topics covered include individual markets such as search engines, e-commerce platforms, the gig economy, and digital financial markets. In addition, emerging technologies such as data-driven decision making, big data analytics, blockchain, artificial intelligence, and machine learning will be explored in depth. By the end of the course, students will not only understand the dynamics of the digital economy, but will also be equipped with analytical tools to effectively navigate its complexities.