My current research focuses on international finance, sovereign debt, and financial regulation, combining macro-financial theory with empirical asset pricing. In particular, I study how regulation affects the pricing of sovereign bonds and other financial assets in open economies.  

Before starting the Ph.D., I worked as a research assistant at the Mexican Central Bank  and CEMLA.

You can find my complete CV below or in this link: CV

Research

Working Papers

• Option-Implied Local-Currency Credit Spreads 

with P. Augustin, A. Jeanneret & E. Patelli

Abstract

We develop an option-based framework to measure corporate credit spreads in local (LC) and foreign (FC) currencies. By construction, these measures embed identical physical default risk, so cross-currency differences isolate how default risk is priced across currencies. Using FX and equity index options from 29 markets, we construct comparable spreads not available in bond markets. LC spreads predict aggregate economic activity, including global output and U.S. indicators, while the FC-LC spread differential forecasts exchange rate movements. Our framework links credit risk, macroeconomic activity, and exchange rate dynamics within a unified setting.

Presented at: 2026 FRR Conference (Scheduled),  2026 International Finance Conference (Scheduled), Simon Fraser University, UQAM, 2025 Summer PhD Conference - McGill University, 2025 FMA Annual Meeting,* 2025 CityUHK International Finance Conference,* 2023 Rotman Junior Finance Faculty Conference.*

* Presented by a co-author.

CV