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Dr Daniele Tori

Profile summary

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Professional biography

Daniele is Lecturer in Finance at The Open University Business School since July 2016. He has a BSc in Political Sciences and a MSc in Economics and Finance from the University of Pavia (Italy). He obtained his Ph.D in Economics from the University of Greenwich in December 2016.

He has been co-investigator for the project titled “An investment and equality-led sustainable growth programme for Europe” funded by FEPS (January-February 2016) and for the project titled “Financialization and Investment in Developed and Developing countries” funded by UNCTAD (March- June 2016).

Research interests

Daniele's current research mainly focuses on the macroeconomic processes of financialization, financial innovation, and economic history. His research has been published in Cambridge Journal of EconomicsSocio-economic ReviewJournal of Post Keynesian EconomicsMacroeconomic Dynamics, and the International Journal of political Economy

Teaching interests

Current teaching 

  • B716 - MBA stage 1: management: perspectives and practice (MBA)
  • B860 - Research Methods for Finance (MSc Finance) 
  • B862 - Derivatives and Risk Management (MSc Finance)
  • BXM191 - Business and Finance fundamentals in practice

Impact and engagement

Daniele provided peer-reviews for Cambridge Journal of Economics, Socio-Economic Review, Development and Change, Review of Political Economy, International Small Business Journal, Journal of Economic Behaviour and Organization, North American Journal of Economics and Finance, International Review of Economics and Finance​, PSL Quarterly Review, Moneta e Credito, Organization and Markets in Emerging Economies, Sustainability, and Routledge Book Series.


External collaborations

Daniele is am a member of the committee of the Post Keynesian Economics Society (2018-present), member of the Open Political Economy Group (2016-present), and Alumni of the Greenwich Political Economy Research Centre.

Daniele has an established network of collaborators at the University of Greenwich (UK), Universitá degli Studi di Pavia (Italy), and Universitá degli Studi dell'Insubria (Italy).


The macroeconomics of Shadow Banking (2020-01)
Botta, Alberto; Caverzasi, Eugenio and Tori, Daniele
Macroeconomic Dynamics, 24(1) (pp. 161-190)

Financialisation, financial development, and investment: evidence from European non-financial corporations (2019)
Tori, Daniele and Onaran, Ozlem
Socio-Economic Review ((Early Access))

The effects of financialization on investment: evidence from firm-level data for the UK (2018-08-18)
Tori, Daniele and Onaran, Ozlem
Cambridge Journal of Economics, 42(5) (pp. 1393-1416)

Book review: Louis-Philippe Rochon and Sergio Rossi (eds), An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis (Edward Elgar, Cheltenham, UK and Northampton, MA, USA 2014) 432 pp (2018-01-01)
Tori, Daniele
Review of Keynesian Economics, 6(1) (pp. 152-156)

The theoretical and empirical fragilities of the expansionary austerity theory (2018)
Botta, Alberto and Tori, Daniele
Journal of Post Keynesian Economics, 41(3) (pp. 364-398)

Financial–Real-Side Interactions in an Extended Monetary Circuit with Shadow Banking: Loving or Dangerous Hugs? (2015)
Botta, Alberto; Caverzasi, Eugenio and Tori, Daniele
International Journal of Political Economy, 44(3) (pp. 196-227)

The Financial Innovation Hypothesis: Schumpeter, Minsky and the sub-prime mortgage crisis (2018-11)
Caverzasi, Eugenio and Tori, Daniele
Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

Financialisation and physical investment: a global race to the bottom in accumulation? (2017-07)
Tori, Daniele and Onaran, Özlem
PKSG working paper series

Productivity puzzle? Financialization, inequality, investment in the UK (2017-02-08)
Onaran, Özlem and Tori, Daniele
University of Greenwich, London.

A critique to the expansionary austerity (part III): empirical counter facts beyond theoretical weaknesses (2017-02)
Botta, Alberto and Tori, Daniele
University of Greenwich

An Investment and Equality-Led Sustainable Development Strategy for Europe (2017-01-27)
Onaran, Özlem; Andersen, Lars; Cozzi, Giovanni; Dahl, Signe; Nissen, Thea; Obst, Thomas and Tori, Daniele
University of Greenwich, London.

The effects of financialisation and financial development on investment: Evidence from firm-level data in Europe (2017)
Tori, Daniele and Onaran, Özlem
Greenwich Political Economy Research Centre (GPERC)

The macroeconomics of shadow banking (2016-06)
Botta, Alberto; Caverzasi, Eugenio and Tori, Daniele
Greenwich Papers in Politcal Economy, University of Greeenwich.

The effects of financialization on investment: evidence from firm-level data for the UK (2015-11)
Tori, Daniele and Onaran, Őzlem
Greenwich Papers in Political Economy, University of Greenwich.