Paola Sapienza
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Paola Sapienza

Donald C. Clark/HSBC Chair in Consumer Finance; Professor of Finance

Kellogg Faculty Page →

Take 5: What We’ve Learned about Tackling Public-Health Crises

Covid-era research sheds light on how policymakers can guide the economy and the public through future emergencies.

Researchers: Scott R. Baker, Efraim Benmelech, Paola Sapienza, Angela Y. Lee, Benjamin F. Jones, Ryan Hill, Dashun Wang and and coauthors

January 21, 2023


How Do Immigrant Students Affect Their Classmates' Academic Performance?

While previous studies suggested a negative impact, new, more precise research shows these students often boost their U.S.-born peers’ test scores

Researchers: David Figlio, Paola Giuliano, Riccardo Marchingiglio, Umut Ozek and Paola Sapienza

May 3, 2021

Social Impact

One Key Trait That Predicts How Much People Will Socially Distance

This new research could help policymakers deliver more effective COVID-safety messaging.

Researchers: John Barrios, Efraim Benmelech, Yael V Hochberg, Paola Sapienza and Luigi Zingales

November 4, 2020


Daughters’ Math Scores Suffer When They Grow Up in a Family That’s Biased Towards Sons

Parents, your children are taking their cues about gender roles from you.

Researchers: Gaia Dossi, David Figlio, Paola Giuliano and Paola Sapienza

September 3, 2019


Take 5: How to Build Trust in the Workplace

Trust is a powerful motivator. Here’s how to foster it among employees in your organization.

Researchers: Harry M. Kraemer, Karen Cates, Paola Sapienza, Daniel Barron, Michael Powell, J. Keith Murnighan and Kent Grayson

February 12, 2019


Take 5: Tips for Widening—and Improving—Your Candidate Pool

Common biases can cause companies to overlook a wealth of top talent.

Researchers: Lauren Rivera, Paola Sapienza, J. Keith Murnighan, Michael J. Mazzeo, Efraim Benmelech, Carola Frydman and Nicola Persico

September 7, 2018


Take 5: How Leaders Can Stamp Out Bad Behavior and Create a Culture of Integrity

Practical tips to reign in an unethical boss and encourage employees to do the right thing.

Researchers: Maryam Kouchaki, Derek D. Rucker, J. Keith Murnighan, Paola Sapienza, Dylan Minor and Nicola Persico

March 6, 2017


Video: How to Establish Trust in Financial Transactions

Hard statistics and an understanding of culture keep the money flowing between lenders and borrowers.

Researchers: Bruce Carruthers and Paola Sapienza

December 1, 2016


Is Economic Growth a Question of Culture?

A decade of research shows how culture seeps into economic decisions.

Researchers: Paola Sapienza

September 2, 2014


Want to Work in Science? Men Have the Advantage

How gender discrimination affects hiring

Researchers: Ernesto Reuben, Paola Sapienza and Luigi Zingales

March 10, 2014


Corporate Culture—Not Lip Service—Counts

Establishing a bona fide “culture of integrity” can be costly for a corporation, but the economic returns are real

Researchers: Luigi Guiso, Paola Sapienza and Luigi Zingales

November 4, 2013

Braggarts Become Leaders

Women at a disadvantage when competing for leadership positions

Researchers: Ernesto Reuben, Pedro Rey-Biel, Paola Sapienza and Luigi Zingales

September 4, 2012

Politics & Elections

Cultures of Trust

The way countries view one another affects trade and investments.

Researchers: Luigi Guiso, Paola Sapienza and Luigi Zingales

November 2, 2011

Trusting the Stock Market

Impressions influence investors decisions

Researchers: Luigi Guiso, Paola Sapienza and Luigi Zingales

February 1, 2010

The Biochemistry of Financial Risk

Testosterone’s influence on financial decisions

Researchers: Paola Sapienza, Luigi Zingales and Dario Maestripieri

August 24, 2009

Finance & Accounting

Walking Away

Moral, social, and financial factors influence mortgage default decisions

Researchers: Luigi Guiso, Paola Sapienza and Luigi Zingales

Measuring Trust

Introducing the Financial Trust Index

Researchers: Paola Sapienza and Luigi Zingales

February 1, 2009

Women and Math, the Gender Gap Bridged

Social equality frees women to match men

Researchers: Luigi Guiso, Ferdinando Monte, Paola Sapienza and Luigi Zingales

June 1, 2008

Lobbyists Speak in Numbers

Evaluating the Sarbanes–Oxley Act of 2002

Researchers: Yael V Hochberg, Paola Sapienza and Annette Vissing-Jørgensen

May 1, 2008


Can geography affect your bank account?

The role of culture in economic decisions

Researchers: Luigi Guiso, Paola Sapienza and Luigi Zingales

April 20, 2007