{"id":59,"date":"2011-06-16T09:52:16","date_gmt":"2011-06-16T09:52:16","guid":{"rendered":"https:\/\/blog.iese.edu\/xvives\/?page_id=59"},"modified":"2025-11-24T10:52:59","modified_gmt":"2025-11-24T09:52:59","slug":"recent-and-forthcoming-publications","status":"publish","type":"page","link":"https:\/\/blog.iese.edu\/xvives\/publications\/recent-and-forthcoming-publications\/","title":{"rendered":"Recent and forthcoming publications"},"content":{"rendered":"<p>&nbsp;<\/p>\n<table class=\"pagTexto\" border=\"0\" width=\"100%\" cellspacing=\"5\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td width=\"3%\"><\/td>\n<td>\n<ul>\n<li>&#8220;<a href=\"https:\/\/anuariocompetencia.cnmc.es\/s\/anuario\/item\/2279\" target=\"_blank\" rel=\"noopener\">Plataformas, <em>BigTech<\/em> y competencia digital<\/a>&#8220;, <em>Anuario de los Mercados y la Competencia 2025 &#8211; CNMC<\/em>, 2025, 11-32.<\/li>\n<li><a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2025\/11\/Pages-from-REC92_XV-article.pdf\" target=\"_blank\" rel=\"noopener\">&#8220;Productivitat i Pol\u00edtica industrial&#8221;<\/a>, <em>Revista Econ\u00f2mica de Catalunya<\/em>, 2025, 92, 48-52.<\/li>\n<li><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0304405X25000480\" target=\"_blank\" rel=\"noopener\">&#8220;Fintech Entry, Lending Market Competition and Welfare&#8221;<\/a> (with Z. Ye), <em>Journal of Financial Economics<\/em>, 2025, 168, 104040. (Best Paper Award in the Second School of Finance Alumni Forum at Renmin University of China), <a style=\"font-family: inherit;font-size: inherit\" href=\"https:\/\/cepr.org\/voxeu\/columns\/impact-fintech-lending\">VoxEU column<\/a><span style=\"font-family: inherit;font-size: inherit\">.<\/span><\/li>\n<li>&#8220;<a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2024\/07\/Free_entry.pdf\">Free Entry in a Cournot Market with Overlapping Ownership<\/a>\u201d (with O. Vravosinos), <em>American Economic Journal-Microeconomics<\/em>, 2025, 17, 2, 292-320.<\/li>\n<li>&#8220;<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0304405X24001806\" target=\"_blank\" rel=\"noopener\">Information Technology and Lender Competition<\/a>&#8220;, (with Z. Ye), <em>Journal of Financial Economics<\/em>, 2025, 163, 103957. (Recipient of the SANFI award for the best paper on Banking on the 29<sup>th<\/sup> Finance Forum 2022), <a style=\"font-family: inherit;font-size: inherit\" href=\"https:\/\/cepr.org\/voxeu\/columns\/impact-fintech-lending\">VoxEU column<\/a><span style=\"font-family: inherit;font-size: inherit\">.<\/span><\/li>\n<li><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0304406824000673\">&#8220;Strategic complementarity in games&#8221;<\/a>, (with O. Vravosinos), <em>Journal of Mathematical Economics<\/em>, 2024, 113, 103005.<\/li>\n<li><a href=\"https:\/\/european-economy.eu\/2022\/open-banking-promise-and-trade-offs\/\">&#8220;Open Banking: Promise and Trade-Offs&#8221;<\/a>, 2023 (with D. Rivero), <em>European Economy<\/em>, issue 2022, 45-56.<\/li>\n<li><a href=\"https:\/\/pubs.aeaweb.org\/doi\/pdfplus\/10.1257\/pandp.20231006\">&#8220;Monetary Policy, Market Power and SMEs&#8221;<\/a> (with A. Ferrando, P. McAdam and F. Petroulakis), <em>AEA Papers and Proceedings, <\/em>2023, 113, 105-109.<\/li>\n<li><a href=\"https:\/\/academic.oup.com\/rfs\/advance-article-abstract\/doi\/10.1093\/rfs\/hhab101\/6378254?redirectedFrom=fulltext\">&#8220;Exchange Competition, Entry, and Welfare&#8221;<\/a> &amp;\u00a0<a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2021\/04\/IAppendix-apr-21.pdf\">Web appendix<\/a> (with G. Cespa), <em>The Review of Financial Studies, 2022, <\/em>35, 5, 2570-2624. <a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2021\/06\/ExchangeComp-June-2021.pdf\">WP<\/a>\u00a0<span style=\"color: #0000ff\"><a style=\"color: #0000ff\" href=\"https:\/\/cepr.org\/voxeu\/columns\/regulating-oligopolistic-exchanges\" target=\"_blank\" rel=\"noopener\">VoxEU column.<\/a><\/span><\/li>\n<li>&#8220;<a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2021\/10\/The-Antitrust-fintech-challenge-FTH.pdf\">The antitrust FinTech challenge<\/a>&#8220;, 2021, <em>Concurrences, <\/em>N\u00b0 4, 21-26.<\/li>\n<li><a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2021\/06\/Azar-Vives-2021-cont.pdf\">&#8220;General Equilibrium Oligopoly and Ownership Structure&#8221;\u00a0<\/a>(with J. Azar), <em>Econometrica<\/em>, 2021, 89, 3, 999\u20131048. (Top downloaded article in 2021). <span style=\"color: #0000ff\"><a style=\"color: #0000ff\" href=\"https:\/\/cepr.org\/voxeu\/columns\/revisiting-anticompetitive-effects-common-ownership\" target=\"_blank\" rel=\"noopener\">VoxEU column<\/a>.<\/span><\/li>\n<li><a style=\"font-family: inherit;font-size: inherit\" href=\"https:\/\/blog.iese.edu\/xvives\/files\/2021\/05\/Azar-Vives-Comment-ECTA.pdf\">Comments on &#8220;General Equilibrium Oligopoly and Ownership Structure&#8221;<\/a><span style=\"font-family: inherit;font-size: inherit\"> (<\/span>with J. Azar), <em>Econometrica<\/em>, 2021, 89, 3, 1061-1063.<\/li>\n<li><a href=\"https:\/\/econtheory.org\/ojs\/index.php\/te\/article\/viewFile\/3675\/31460\/910\">&#8220;Market Power and Welfare in Asymmetric Divisible Good Auctions&#8221;<\/a> (with C. Manzano), <em>Theoretical Economics<\/em>, 2021, 16, 1095-1137.<\/li>\n<li><a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2021\/03\/Costly-Interpretation-of-Asset-Prices_Publish-online.pdf\">&#8220;Costly Interpretation of Asset Prices&#8221; <\/a>(with J. Mondria and L. Yang), <em>Management Science, <\/em>2021, 68, 1, 52-74. <a href=\"https:\/\/www.informs.org\/Blogs\/ManSci-Blogs\/Management-Science-Review\/Does-studying-price-data-make-the-financial-market-function-better-Not-necessarily\">Informs article<\/a>. <span style=\"color: #0000ff\"><a style=\"color: #0000ff\" href=\"https:\/\/cepr.org\/voxeu\/columns\/learning-prices-does-not-come-free\" target=\"_blank\" rel=\"noopener\">VoxEU column<\/a>.<\/span><\/li>\n<li><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0899825620300695?via%3Dihub\">&#8220;Information Frictions and Market Power: A Laboratory Study&#8221;<\/a> &amp; <a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2020\/05\/BBV_Online-Appendix_Apr2020.pdf\">Online Appendix<\/a> (with A. Bayona and J. Brandts), <em>Games and Economic Behavior<\/em>, 2020, 122, 354-369.<\/li>\n<li><a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2020\/01\/Divers-CO-and-strategic-incentives_Jan2020.pdf\">&#8220;Diversification, Common Ownership, and Strategic Incentives&#8221;<\/a> (with A. Banal-Esta\u00f1ol and J. Seldeslachts), <em>AEA Papers and Proceedings<\/em>, 2020, 110, 561-564.<\/li>\n<li><a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2020\/01\/Digital-Disruption-in-Banking_Nov.2019.pdf\">&#8220;Digital Disruption in Banking&#8221;<\/a>, <em>The Annual Review of Financial Economics<\/em>, 2019, 11, 243-272.<\/li>\n<li><a href=\"https:\/\/doi.org\/10.1016\/j.ijindorg.2019.102528\">&#8220;Common Ownership, Market Power, and Innovation&#8221;<\/a>, <em>International Journal of Industrial Organization,\u00a0<\/em>2020, 70, 102528.<\/li>\n<li><a href=\"https:\/\/link.springer.com\/article\/10.1007\/s11151-019-09687-5?wt_mc=Internal.Event.1.SEM.ArticleAuthorAssignedToIssue&amp;utm_source=ArticleAuthorAssignedToIssue&amp;utm_medium=email&amp;utm_content=AA_en_06082018&amp;ArticleAuthorAssignedToIssue_20190715\">&#8220;Competition Policy in Banking in the European Union&#8221;<\/a> (with J. Maudos), <em>Review of Industrial Organization, 2019, <\/em>55, 1, 27-46. <a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2021\/12\/Maudos-Vives-2018.pdf\">WP<\/a>.<\/li>\n<li><a href=\"https:\/\/pubs.aeaweb.org\/doi\/pdfplus\/10.1257\/pandp.20191066\">&#8220;Common Ownership and the Secular Stagnation Hypothesis&#8221;<\/a>\u00a0(with J. Azar), <em>AEA Papers and Proceedings, <\/em>2019, 109, 322-326. <a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2021\/02\/Azar-Xives_Common-ownership-and-the-secular-stagnation-hypothesis.pdf\">WP.<\/a><\/li>\n<li><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0167718719300098\">&#8220;Competition and Stability in Modern Banking: A Post-Crisis Perspective&#8221;<\/a>, <em>International Journal of Industrial Organization,\u00a0<\/em>2019, 64, 55-69.<\/li>\n<li><a href=\"https:\/\/www.journals.uchicago.edu\/doi\/full\/10.1086\/701811\">&#8220;Overlapping Ownership, R&amp;D Spillovers and Antitrust Policy&#8221;<\/a> &amp; <a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2018\/12\/Online_AppendixvDecember2018.pdf\">Online Appendix<\/a>\u00a0&amp; <a href=\"http:\/\/angelluislopez.net\/ficheros\/CrossApp.jar\">Web simulation<\/a> (with A. L\u00f3pez), <em>Journal of Political Economy,<\/em>\u00a02019, 127, 5, 2394-2437.<\/li>\n<li>&#8220;<a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2017\/06\/Strategic-Complementarities-in-oligopoly.pdf\">Strategic Complementarities in Oligopoly<\/a>&#8220;, in <em>Handbook of Game Theory and Industrial Organization<\/em>, L. Corchon and M. Marini (eds.), Cheltenam: Edward Elgar, 2018, Vol. I, 9-39.<\/li>\n<li><a href=\"https:\/\/academic.oup.com\/restud\/article\/84\/2\/935\/2965769\/Endogenous-Public-Information-and-Welfare-in?searchresult=1\">&#8220;Endogenous Public Information and Welfare in Market Games&#8221;<\/a>, <em>Review of Economic Studies<\/em>, 2017, 84, 2, 935-963. <a href=\"https:\/\/blog.iese.edu\/xvives\/files\/2016\/06\/EPIWinMG-May-2016-f.pdf\">WP.<\/a>\u00a0<span style=\"color: #0000ff\"><a style=\"color: #0000ff\" href=\"https:\/\/cepr.org\/voxeu\/columns\/rationale-tobin-tax\" target=\"_blank\" rel=\"noopener\">VoxEU column<\/a><\/span>.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &#8220;Plataformas, BigTech y competencia digital&#8220;, Anuario de los Mercados y la Competencia 2025 &#8211; CNMC, 2025, 11-32. &#8220;Productivitat i Pol\u00edtica industrial&#8221;, Revista Econ\u00f2mica de Catalunya, 2025, 92, 48-52. &#8220;Fintech Entry, Lending Market Competition and Welfare&#8221; (with Z. Ye), Journal of Financial Economics, 2025, 168, 104040. (Best Paper Award in the Second School of Finance [&hellip;]<\/p>\n","protected":false},"author":714,"featured_media":0,"parent":2,"menu_order":2,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-59","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.iese.edu\/xvives\/wp-json\/wp\/v2\/pages\/59","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.iese.edu\/xvives\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/blog.iese.edu\/xvives\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/blog.iese.edu\/xvives\/wp-json\/wp\/v2\/users\/714"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.iese.edu\/xvives\/wp-json\/wp\/v2\/comments?post=59"}],"version-history":[{"count":209,"href":"https:\/\/blog.iese.edu\/xvives\/wp-json\/wp\/v2\/pages\/59\/revisions"}],"predecessor-version":[{"id":4672,"href":"https:\/\/blog.iese.edu\/xvives\/wp-json\/wp\/v2\/pages\/59\/revisions\/4672"}],"up":[{"embeddable":true,"href":"https:\/\/blog.iese.edu\/xvives\/wp-json\/wp\/v2\/pages\/2"}],"wp:attachment":[{"href":"https:\/\/blog.iese.edu\/xvives\/wp-json\/wp\/v2\/media?parent=59"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}