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Department of Land Economy

Environment, Law & Economics

Summary of Research Interests

Household finance, housing, subjective well-being and mental health


PhD Thesis Title

The Economic and Social Consequences of Housing Tenure


Supervisors and Advisor

Professor Franz Fuerst (Supervisor); Dr Sónia Alves (Advisor)


Start Date


End Date




Darwin College



Ph.D. Candidate, University of Cambridge (2018–present)

Master’s Degree in Economics- Advanced Track, Barcelona Graduate School of Economics (2015–2016)

Bachelor’s Degree in International Economics, Bocconi University (2012–2015)

Exchange Programme, University of Wisconsin-Madison (2015)


Peer-reviewed publications:

Fabian, M., Alexandrova, A., Coyle, D., Agarwala, M., & Felici, M. (2022). "Respecting the subject in wellbeing public policy: beyond the social planner perspective." Journal of European Public Policy.

Working papers:

Felici, M., Kenny, G., & Friz, R. (2022). "Consumer savings behaviour at low and negative interest rates." ECB Working Paper Series No 2736.

Felici, M. (2022). "The long view on housing tenure and mental health." SSRN.

Felici, M. (2021). "Housing, financial conditions and mental health during a pandemic." SSRN.

Felici, M., & Agarwala, M. (2022). "The heterogeneous relationship of education with wellbeing. " Bennett Institute for Public Policy.

Felici, M., & Fuerst, Franz (2021). "The heterogeneous relationship of owner-occupied and investment property with household portfolio choice." SSRN.

Fabian, M., Agarwala, M., Alexandrova, A., Coyle, D., & Felici, M. (2021). "Wellbeing public policy needs more theory. " Bennett Institute for Public Policy.



Marco Felici

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