Research

Galati, Luca & De Blasis, Riccardo. (forthcoming). “The Information Content of Delayed Block Trades in Cryptocurrency Markets”. The British Accounting Review, 101513.

Benenchia, Matteo & Galati, Luca & Lepone, Andrew. (2025). “To Fix or not to Fix, the Fix: Reassessing the Effectiveness of the 4 pm Fix. A Pre-Registered Study”. Pacific-Basin Finance Journal 98, 102652.

Galati,  Luca & Perdichizzi, Salvatore. (2025). “From Zero to Hero: Memecoins' Spillover Effects in Cryptocurrency Markets”. Economics Letters 253, 112381.

Galati, Luca & Webb, Alexander & Webb, Robert I. (2025). “Market Behaviors Around Bankruptcy and Frozen Funds Withdrawal: Trading Stranded Assets on FTX”. Journal of Economics & Business 133, 106196.

Galati, Luca. (2024). “Exchange Market Share, Market Makers, and Murky Behaviours: The Impact of No-Fee Trading on Cryptocurrency Market Quality”. Journal of Banking & Finance 165, 107222. (slide & podcast)

Galati, Luca & Capalbo, Francesco. (2024). “Silicon Valley Bank Bankruptcy and Stablecoins Stability”. International Review of Financial Analysis 91, 103001.

Galati, Luca & Webb, Alexander & Webb, Robert I. (2024). “Financial Contagion in Cryptocurrency Exchanges: Evidence from the FTT Collapse”. Finance Research Letters 67(A), 105747.

Benenchia, Matteo & Galati, Luca & Lepone, Andrew. (2024). “To Fix or not to Fix: The Representativeness of the WM/R Methodology that Underpins the FX Benchmark Rates. A Pre-Registered Report”. Pacific-Basin Finance Journal 84, 102311.

De Blasis, Riccardo & Galati, Luca & Grassi, Rosanna & Rizzini, Giorgio. (2024). “Information Flow in the FTX Bankruptcy: A Network Approach”. Physica A: Statistical Mechanics and its Applications 655, 130167.

Capalbo, Francesco & Galati, Luca. (2024). “Elections and Earnings Management: Further Evidence from Benford's Law”. Financial Reporting 2, 105–132.

Capalbo, Francesco & Galati, Luca & Lupi, Claudio & Smarra, Margherita. (2024). “Proportional Appropriation Systems and the Quality of Financial Statements in Municipally Owned Entities: Empirical Evidence from Italy”. Journal of Public Budgeting, Accounting & Financial Management 36(3), 343-362.

Galati, Luca & Smarra, Margherita & Sorrentino, Marco. (2024). “Cyber-Attacks and Earnings Management in the Public Sector”. In T. O. Sigurjonsson, A. Kostyuk, & D. Govorun (Eds.), Corporate Governance: Participants, Mechanisms and Performance, 71–75. Virtus Interpress.

De Blasis, Riccardo & Galati, Luca & Webb, Alexander & Webb, Robert I. (2023). “Intelligent Design: Stablecoins (In)stability and Collateral During Market Turbulence”. Financial Innovation 9, 85.

Capalbo, Francesco & Galati, Luca & Lupi, Claudio & Smarra, Margherita. (2023). “Local Elections and the Quality of Financial Statements in Municipally Owned Entities: A Benford Analysis”. Chaos, Solitons & Fractals 173, 113752.

Galati, Luca. (2023). “The Political Role of Local Government Corporate Ownership: An Interdisciplinary Outlook Based on Benford’s Law”. In E. Karger & A. Kostyuk (Eds.), Corporate Governance: An Interdisciplinary Outlook, 108–114. Virtus Interpress.

Frino, Alex & Galati, Luca & Gerace, Dionigi. 2022. “Reporting Delays and the Information Content of Off-Markets Trades”. The Journal of Futures Markets 42(11), 2053-2067. 

Galati, Luca & Frino, Alex & Webb, Alexander. 2022. “Liquidity of Futures Markets Over the Last Quarter of a Century: Technology & Market Structure Versus Economic Influences”. Applied Finance Letters 11(1), 52-65.

Foley, Sean & Galati, Luca & Riordan, Ryan & Svec, Jiri. (2025). “The Market for Block Space: A Microstructure Lens on Decentralized Payment Networks”.

De Blasis, Riccardo & Galati, Luca & Petroni, Filippo. (2025). “A Network-Based Mixture Transition Distribution Approach to Portfolio Optimization”.

Monaco, Eleonora & Galati, Luca & Merlo, Matteo. (2024). “Beyond NFRD Compliance: Is Social Tone Associated with Better Corporate Social Performance?”.

Monace, Eleonora & Galati, Luca & Dal Maso, Lorenzo & Mattei, Marco M. (2024). “Unveiling the Dual Impact of Diversity & Inclusion: Boosting Financial Outcomes through Enhanced Environmental Performance”.

Alves, Paulo & Cardillo, Giovanni & Galati, Luca & Monaco, Eleonora. (2024). “Actions Speak Louder than Words: The Impact of Environmental Tone on the Cost of Debt of Family Firms”.

De Blasis, Riccardo & Galati, Luca. (2023). “Valuation of Intangible Assets through a Markov Chain-Based Approach”.

Frino, Alex & Galati, Luca & Mollica, Vito & Sanchez-Aria, Reinaldo & Webb, Robert I. (2023). “The Cyber-Attack Iceberg: Evidence from an Extended Event Study of the Impact on Securities Prices”.

Frino, Alex & Galati, Luca & Mollica, Vito & Zhou, Ivy. (2022). “The Impact of Cyber-Attacks on Financial Market Quality and Liquidity Commonalities”.

Galati, Luca. (2024). “Essays on the Market Microstructure of Centralised and Decentralised Finance”. [Unpublished PhD Dissertation]. University of Wollongong.

Galati, Luca. (2024). “On the Quality of Financial Statements in Municipally Owned Entities: Empirical Evidence from Benford's Law”. [Unpublished PhD Dissertation]. University of Molise.

Galati, Luca. (2020). “Do Municipally Owned Utilities Round Earnings Before Elections? An Application of the Benford's Law”. [Unpublished Master Dissertation]. University of Molise.

Galati, Luca. (2019). “The Market Impact Cost of Trading Large Bond Sizes: Evidence from the Transparent Italian Stock Exchange”. [Unpublished Bachelor Dissertation]. University of Molise.