Carlo Favero holds a D.Phil. from Oxford University, where he was a member of the Oxford Econometrics Research Centre.
He was professor of Econometrics at Bocconi University from 1994 to 2001 and professor of Economics since 2002. In 2009, he joined the newly formed Department of Finance at Bocconi University, where he teaches Financial Econometrics.
He is a research fellow of CEPR in the International Macroeconomics program. He is president of the Innocenzo Gasparini Institute for the Economic Research at Bocconi University and a member of the Scientific Committee of the Centro Interuniversitario Italiano di Econometria (CIDE).
Carlo Favero has published in scholar journals on the econometric modelling of bond and stock prices, applied econometrics, monetary policy and time-series models for macroeconomics and finance. He has been advisor to the Italian Ministry of Treasury for the construction of an econometric model on the Italian economy. He has been consulting the European Commission, the World Bank and the European Central Bank on monetary policy, monetary transmission mechanism and bond markets.