Former scholars

Elena Vaccarino

Former Research Assistant

Elena Vaccarino, Italian citizen, worked as a Research Assistant in the micro team in the area of Innovation. She holds a Master’s Degree in Economics from Bocconi University in Milan. Prior to joining Bruegel she interned in a Swiss investment  fund and worked in the Research Division of the European Central Bank: there she focused on firm-level micro data related to financial constraints and with macro data on international trade, focusing on Global Value Chains.

In particular, her Master’s thesis analyses how the recent international dynamics of production have influenced the distribution of income in EU countries. At the ECB, she worked on a project concerning the influence of Global Value Chains on the trade-to-income elasticity of European Countries.

Elena’s research interests include innovation, access to finance and innovative sources of finance, international trade and inequalities.

She speaks Italian, English and French.


Contact information

[email protected]

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Blog Post

Codetermination in Germany – a role model for the UK and the US?

The idea of codetermination, i.e. the cooperation between management and workers in decision-making, has grown in popularity lately. We review the characteristics of codetermination in Germany and ask whether it could be a role model for the UK and the US.

By: Bruegel, Bennet Berger and Elena Vaccarino Topic: Macroeconomic policy Date: October 13, 2016
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Blog Post

"Social dumping" and posted workers: a new clash within the EU

European companies often post employees to another EU country to work there temporarily. These ‘posted workers’ must be paid at least the minimum wage of the host country, yet their wages can be lower than the wages of local workers. Now proposals for ‘the same pay for the same work at the same place’ are creating new clashes between EU countries.

By: Elena Vaccarino, Zsolt Darvas and Bruegel Topic: Macroeconomic policy Date: March 7, 2016
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Blog Post

The impact of Volkswagen on the automobile stock market

On Friday 18th September 2015, the U.S. Environmental Protection Agency (EPA) reported that according to their analysis, Volkswagen engine software had been manipulated to show lower pollution results when engines were tested.

By: Elena Vaccarino and Bruegel Topic: Macroeconomic policy Date: September 26, 2015