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summerschool 2013
I.S.E.O Summer School 2013
Special edition: 10th Anniversary
"Redrawing the map of global economy"
Iseo, 15-22 June 2013
10 anniversary
George Akerlof, Nobel Laureate 2001
Eric Maskin, Nobel Laureate 2007
Dale Mortensen, Nobel Laureate 2010
William Sharpe, Nobel Laureate 1990
Michael Spence, Nobel Laureate 2001
Robert Wescott, former advisor to US President Clinton and Chairman Keybridge Research
The I.S.E.O Summer School celebrated its 10th edition this year. The title of the 2013 Summer School was "Redrawing the map of global economy". This year marked not only the 10th Anniversary of the I.S.E.O. Summer School, but also the 15th Anniversary of the I.S.E.O Institute and the 10th Anniversary of the institute's founding father, Franco Modigliani's, death. The I.S.E.O Summer School 2013 attracted a record-breaking amount of participants. It managed to gather 99 participants from 41 countries and from 74 universities.

The I.S.E.O Summer School is a highly prestigious summer course in the field of Economics. In 2012 it was included in the Inomics's list of the Top Ten Economics Summer Schools in the world. This one-week course takes place every year in the picturesque town of Iseo, in Northern Italy, in the end of June. The I.S.E.O Summer School is intended for post-graduate students, researchers and young economists from all over the world.

The I.S.E.O Summer School 2013 had an extraordinary panel of 6 lecturers. It featured five Nobel Laureates: George Akerlof (2001), Eric Maskin (2007), Dale Mortensen (2010), William Sharpe (1990) and Michael Spence (2001). Also Robert Wescott, former advisor to President Clinton and chairman of KeyBridge Research, was amongst this group of distinguished speakers. During the week, participants attended lectures held by the speakers. Three lucky participants were also selected to present their research in "Your Lecture" sessions in front of the other Summer School participants. One of the lecturers was present for each session to offer comments and moderate the discussion that followed. (In order to see the Your Lecture videos, please consult the site:

In addition to the academic curriculum, the I.S.E.O Summer School participants also attended organized excursions and enjoyed free time. During the 2013 Summer School the participants had the chance to visit the cities of Venice and Bergamo. Additionally, the participants could taste traditional Italian dishes and local specialties in various restaurants. Furthermore, the refined gala dinner organized in the nearby Berlucchi vineyard was surely an unforgettable event. Participants of the Summer School could also explore the charming lakeside town of Iseo and take part in recreational activities such as swimming, canoeing and hiking.

Prof. Michael Spence, who was at the Summer School for the 8th time, held the opening lecture of the week. He focused on the growth of the emerging economies and their impact on the global economy during his lecture "How the global economy is changing and what is means". Prof. Dale Mortensen's lecture, "The Real Crisis: Global Unemployment", concentrated on one of the biggest problems in today's society: unemployment. Continuing in the field of employment, Anja Tolonen from the University of Gothenburg presented her research "Mineral Mining and Female Employment" in front of the audience during the first "Your Lecture" session. Prof. Dale Mortensen was moderating the session in question.

On the 18th June, the participants attended a public conference organized by the I.S.E.O Institute entitled "New perspectives on economics generated by the crisis" held at the University of Bergamo. This conference featured Prof. George Akerlof, Prof. Dale Mortensen and Prof. Michael Spence. During the conference, the speakers discussed some of the most topical issues related to international economics.

In Iseo, Artur Doshchyn from Copenhagen Business School held the second "Your Lecture" session with the topic of "Learning, Expectations, and Endogenous Business Cycles". This session was held together with Prof. George Akerlof, who later gave his own lecture entitled "Identity economics" which covered how norms influence everything in our society. Prof. Robert Wescott gave a lecture "The energy Revolution: How it is redrawing the Map of the Global Economy" focusing on the energy market and its changes. This marked the 8th time Prof. Robert Wescott was at the I.S.E.O Summer School. Benjamin Jones from the University of Birmingham held the third and final "Your Lecture" session with the topic of "Driving a Green Economy Through Public Finance and Fiscal Policy Reform" with Prof. Robert Wescott moderating the session. Prof. William Sharpe's lecture, "Financing Retirement in Aging Societies", centered on the aging of the population and the dilemmas it brings. The final lecture of the Summer School, held by Prof. Eric Maskin, was entitled "Why Have Global Markets Failed to Reduce Inequality?" which focused on how globalization, nevertheless of its promises, has failed to reduce inequality.

The I.S.E.O Summer School was without a doubt an once-in-a-lifetime possibility to form important social contacts all over the world and interact with economists of high prestige. One should bear in mind that the Summer School is amongst the few summer courses in Economics where Nobel Laureates themselves teach participants. Furthermore, the participants also had the chance to speak with the renowned speakers outside the lecture halls, for example during meals and breaks. The I.S.E.O Summer School participants did not only receive relevant academic and professional experience, but they also went home with an enlarged network of valuable connections and new friendships.

If you want to have a look at the Summer School program and other useful documents please check the downloadable material below. You can also find the PowerPoint slides that lecturers used during their classes. In addition you can have a look at all the pictures taken during the Summer School here.

If you want to consult the press coverage, all the articles will be available soon under "Stampa/Press".

Downloadable documents:
- Summer School Program (updated 17th May 2013)
- Leaflet Summer School 2013
- Movie Maker Initiative Information Sheet
- Participants 2013 summer school
- Prof. Akerlof's presentation
- Prof. Maskin's presentation
- Prof. Mortensen's presentation
- Prof. Spence's presentation
- Prof. Sharpe's presentation
- Prof. Wescott's presentation
- Anja Tolonen's Your Lecture presentation
- Artur Doshchyn's Your Lecture presentation
- Benjamin Jones' Your Lecture presentation
Photogallery have a look at the pictures taken during the Summer School 2013
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