Publications

Market Selection with Idiosyncratic Uncertainty Journal of Economic Theory, 182 (2019), WP version.

Does a Currency Union Need a Capital Market Union?. Journal of International Economics, 139 (2022). 

NBER WP, CEPR DP, with J. Martinez and T. Philippon. Media coverage:  FT.

Equity Home Bias in a Capital Market Union. IMF Economic Review (2023). WP version.

Bonds, Currencies and Expectational Errors. Journal of Economic Dynamics and Control (2024).

WP version, with  E. Granziera. Media coverage: VoxEU, SR-SV.   

Yield Curve Momentum. Review of Finance, Forthcoming. WP version. Media coverage: VoxEU.

Working Papers 

Bond Convenience Curves and Funding Costs (R&R, Journal of International Economics) with J. Nissinen