I am an Assistant Professor of International Finance at George Washington University in Washington, D.C. My main fields of research are International Finance, Financial Economics and Empirical Banking. I have a special interest on financial intermediaries and how they affect international capital flows and economic activity. More specifically, I have been working on how the use of well-known benchmark indexes by financial intermediaries affects both financial markets and real economic activity.
More personally, I grew up in Buenos Aires, and studied economics at Universidad del CEMA. Afterwards, I moved to Barcelona and completed the Msc. in Economics at Barcelona GSE. Later on, I received my Ph.D. in Economics and Finance from Universitat Pompeu Fabra. I also spent one year as a visiting doctoral student in the Financial Markets Group (FMG) at the London School of Economics and Political Science.
- “International Asset Allocations and Capital Flows: The Benchmark Effect”, with Claudio Raddatz and Sergio Schmukler. Forthcoming at the Journal of International Economics.
- “Financial Globalization in Emerging Economies: Much Ado About Nothing?”, with Eduardo Levy Yeyati, 2014, Economia, vol. 14 (20), pp. 91-131.
- “Emerging Economies in the 2000s: Real Decoupling and Financial Recoupling”, with Eduardo Levy Yeyati, 2012, Journal of International Money and Finance, vol. 31 (8), pp. 2102-2126.
- “Capital Inflows, Sovereign Debt and Bank Lending: Micro-Evidence from an Emerging Market”. Revise and Resubmit at the Review of Financial Studies.
- “Capital Flows and Sovereign Debt Markets: Evidence from Index Rebalancings”, with Lorenzo Pandolfi. Revise and Resubmit at the Journal of Financial Economics.
Work in Progress
- “Firm Financing and Benchmark Indexes”, with Fernando Broner and Sergio Schmukler.
- “Investment Decisions of Passive and Active Funds: Evidence from Large Rebalancings”.
- “Benchmarking and the Global Financial Cycle”, with Eduardo Levy Yeyati.
- “The Impact of Benchmark Investing by Institutional Investors on International Capital Allocations”, in preparation.
- “Financial Globalization in Latin America and the Caribbean: Myth, Reality, and Policy Matters”, with Eduardo Levy Yeyati in Emerging Issues in Financial Development, edited by Tatiana Didier and Sergio Schmukler.