Recent working papers:
“Costly Interpretation of Asset Prices” (with L. Yang).
“Cross-ownership, R&D Spillovers and Antitrust Policy” (with A. López).
“High Frequency Trading and Fragility” (with G. Cespa).
“Market Power and Welfare in Asymmetric Divisible Good Auctions” (with C. Manzano).
“Supply Function Competition, Private Information, and Market Power: A Laboratory Study” (with A. Bayona and J. Brandts).
Selected recent publications:
“Endogenous Public Information and Welfare in Market Games”, Review of Economic Studies, forthcoming.
“The Beauty Contest and Short-term Trading”, (with G. Cespa), Journal of Finance, 2015.
“Strategic, Complementarity, Fragility, and Regulation”, Review of Financial Studies, 2014.
“On the Possibility of Informationally Efficient Markets”, Journal of the European Economic Association, 2014.
Recent opinion articles:
“Trump y el test de Rorschach“, La Vanguardia, 16/03/2017
“A rationale for the Tobin tax”, VoxEu.org, 14/02/2017.
“Banking regulatory reform: The way forward”, VoxEU.org, 6/12/2016.
“The Promise of Bank Mergers”, Project Syndicate, 23/09/2016.