Most Recent Working Papers

“Performance Evaluation in Competitive REE Models”
(joint with Paolo Cola)

“Price Support in the Stock Market”
(joint with Benjamin Colez)

 

Main Articles

“The Dog that Did Not Bark: Insider Trading and Crashes”
(joint with Jacques Olivier)
Journal of Finance, Volume LXIII, No. 5, 2429-2476, October 2008.

“Portable Alphas from Pension Misspricing”
(joint with Francesco Franzoni)
Journal of Portfolio Management, Summer 2006, 44-53.

“Pension Plan Funding and Market Efficiency”
(joint with Francesco Franzoni)
Journal of Finance, Volume LXI, No.2, 921-956, April 2006.

“On the Impact of Leverage Constraints on Asset Prices and Trading Volume”
(joint with Jacques Olivier)
Spanish Economic Review, Vol. 5, No. 2, 123-151, June 2003.

“Information Revelation and Market Incompleteness”
(joint with Rohit Rahi)
Review of Economic Studies, vol. 67, no. 3, 635-651, 2000.

“Speculative Securities”
(joint with Rohit Rahi)
Economic Theory, 14, 3, 669-684, 1999.

“Innovation, ‘Bank’ Monitoring and Endogenous Financial Development”
(joint with Angel de la Fuente)
Journal of Monetary Economics, Vol. 38, no. 2, 269-301, 1996.

“Trading Constraints and Non-Existence of REE”
(joint with Jacques Olivier)
UPF Finance and Banking Discussion Papers Series, n. 31, 1997.

“A model of Financial Markets with Default and the Role of Redundant Assets”
(joint with Shinichi Suda)
UPF Department of Economics and Business Working Paper No. 58, 1994.

 

Leading Working Papers

“The Dog that Did Not Bark: Insider Trading and Crashes”
(joint with JacquesOlivier)
Universitat Pompeu Fabra,
Department of Economics and Business Working Paper No.948, 2006.

“Insiders Vs. Firms as Traders of Last Resort”
(joint with Antoni Sureda)
UPF Department of Economics and Business Working Paper No. 999, 2006.

“The Use of Derivatives in the Spanish Mutual Fund Industry”
(joint with Thomas Rangel)
UPF Department of Economics and Business Working Paper No. 990, 2006.

“Trading Constraints and Non-Existence of REE”
(joint with Jacques Olivier)
UPF Finance and Banking Discussion Papers Series, n. 31, 1997.

“A model of Financial Markets with Default and the Role of Redundant Assets”
(joint with Shinichi Suda)
UPF Department of Economics and Business Working Paper No. 58, 1994.

 

Other Main publications

Economía Financiera
(joint with Gonzalo Rubio)
Antoni Bosch Editor, 2001.

“Performance Evaluation and Efficiency in Asset Management:
A Critique to the Traditional Model”
Chapter 4 in La Evaluacion de los Fondos de Inversion en Espana
Ed. Civitas, 1997