Productivity and Prosperity

The AI Wave: Implications for Higher Education


Domenico Ferraro, Ph.D.
Research Professor, Office of the University Economist; Associate Professor, W. P. Carey School of Business

Artificial intelligence is an institutional design challenge for higher education. The central question is whether universities will organize AI around the forms of human effort that higher education is meant to cultivate.


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Domenico Ferraro
Domenico Ferraro, Ph.D.
Research Professor, Office of the University Economist; Associate Professor, W. P. Carey School of Business

Domenico Ferraro is from Giugliano in Campania, a city located north of Naples in southern Italy. He earned his bachelor's degree from the University of Naples Federico II, graduating summa cum laude under the supervision of Marco Pagano. He then obtained a Master's degree in Economics and Finance from the same university, as well as another Master's degree in Economics from the Universitat Pompeu Fabra in Barcelona, Spain. After completing his master's education, he moved to the United States to pursue a PhD in Economics at Duke University, where he graduated in 2014 under the supervision of Nir Jaimovich and Pietro Peretto. Following this, he relocated to Arizona to accept a position at the W. P. Carey School of Business at Arizona State University (ASU), where he is currently an Associate Professor with tenure in the Economics Department. He teaches macroeconomics at the undergraduate and master level and also in the PhD program at ASU, having previously taught master's and PhD courses at Duke University and University of Naples Federico II.

Domenico has published several articles in leading academic journals, including the Review of Economic Studies, American Economic Journal: Macroeconomics, Quantitative Economics, Economic Journal, European Economic Review, Review of Economic Dynamics, and the Journal of Money, Credit, and Banking. His research spans a wide range of macroeconomic topics, including labor market dynamics, economic growth, international economics, and the short- and long-term effects of economic policies. 


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