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Lucia Del Carpio

Assistant Professor of Economics


Lucia Del Carpio is an Assistant Professor of Economics at INSEAD. She obtained her PhD in Economics from Princeton University in 2014, and a Master in Public Affairs from the Woodrow Wilson School of Public and International Affairs at Princeton University in 2008.

Her research is in the areas of behavioral economics, development, and applied microeconomics. Her current projects are aimed at investigating the role of social norms in tax compliance. She has thus conducted field experiments on property tax compliance in Peru, combining them with targeted surveys to identify causal channels. She is also studying the design of optimal tax enforcement policies when social norms may affect evasion decisions. More broadly, she explores how the interaction between formal and informal institutions shapes economic outcomes. Her research methods encompass theoretical, experimental and econometric approaches.

Professor Del Carpio is affiliated with the Group for the Analysis of Development (GRADE) in Peru. She has worked in an advisory role at the Ministry of Economy and Finance of Peru, in the areas of competition, trade, and international investment. She subsequently was a member of the Council of Advisers to the Prime Minister, where she was responsible for economic issues. She also has experience working in investment banking in both Peru and the United States.

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How to Get More Women to Work in Tech

Lucia Del Carpio & Maria Guadalupe

Role models and reassurance about potential success can impact women’s career decisions.

Economics & Finance

Mix Enforcement With Persuasion

For the best compliance, don’t just enforce the rules, set the norms.

Leadership & Organisations

The Cause and Effect of Better Decision-Making

M. Guadalupe, L.Del Carpio

How scientific evidence beats gut feelings when it comes to making better decisions for your company.
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