Prior to joining Kellogg Professor Sapienza worked as an economist in the research department of Bank of Italy. She is interested in corporate finance. She has written articles on banking, on state-ownership, on social capital and on financial development. Professor Sapienza is a Zell Center Faculty Fellow, a research affiliate of the Center for Economic Policy Research (CEPR), and a Faculty Research Fellow in the National Bureau of Economic Research's (NBER) program on Corporate Finance. Trained in economics, she holds a B.A. from Bocconi University (Milan), and an M.A. and Ph.D in Economics from Harvard University.