Research
Publications
Publications
with Vicente J. Bermejo, Daniel Wolfenzon and Rafael Zambrana, Journal of Financial and Quantitative Analysis, forthcoming
with Diana Bonfim, Francisco Queiro and Sujiao (Emma) Zhao, American Economic Review 115 (2025), 1896-1935
with Claudia Custodio and Emilia Garcia-Appendini, Review of Finance 27 (2023), 2233-2270
with Manuel Adelino, Mariassunta Giannetti and Pedro Pires, Review of Financial Studies 36 (2023), 3337-3372
with Irem Demirci, Pedro Matos and Clemens Sialm, Review of Financial Studies 35 (2022), 3337-3372
Finance Forum, Best Paper in Asset Management Award, 2019
with Igor Cunha and Rui Silva, Review of Finance 26 (2022), 937-969
with Claudia Custodio and Pedro Matos, Management Science 65 (2019), 459-476 (Lead Article)
with Rui Albuquerque, Luis Marques and Pedro Matos, Review of Financial Studies 32 (2019), 738-770
China International Conference in Finance, Best Paper Award, 2014
with Aneel Keswani, Antonio Miguel and Sofia Ramos, Financial Review 4 (2019), 1-30
with Pedro Matos and Pedro Pires, Journal of Finance 73 (2018), 2181-2227
with Daniel Ferreira and Beatriz Mariano, Journal of Finance 73 (2018), 2385-2423
with Massimo Massa and Pedro Matos, Management Science (2018), 1974-2471
with José Faias, Journal of International Money and Finance 78 (2017), 64-83
with Jan Bena, Pedro Matos and Pedro Pires, Journal of Financial Economics 126 (2017), 122-146
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​with Manuel Adelino, Review of Financial Studies 29 (2016), 1709-1746
with Paul Laux, Journal of Financial and Quantitative Analysis 51 (2016), 899-927
with Heitor Almeida, Igor Cunha and Felipe Restrepo, Journal of Finance 72 (2017), 249-290
with Richard Evans and Melissa Prado, Review of Finance 21 (2017), 1093-1121
with Pedro Matos, Joao Pereira and Pedro Pires, Journal of Banking and Finance 82 (2017), 151-164
with Manuel Adelino and Igor Cunha, Review of Financial Studies 30 (2017), 3223-3268
with Martijn Cremers, Pedro Matos and Laura Starks, Journal of Financial Economics 120 (2016), 539-560
S&P Dow Jones third annual SPIVA Award (runner up), 2014
with David P. Brown, 2006, Quarterly Journal of Finance 6 (2016), 1-59
with Daniel Carvalho and Pedro Matos, Journal of Financial and Quantitative Analysis 50 (2015), 1165-1197
with Aneel Keswani, Antonio Miguel and Sofia Ramos, Review of Finance 17 (2013), 483-525
with Claudia Custodio and Pedro Matos, Journal of Financial Economics 108 (2013), 471-492​
with Claudia Custodio and Luis Laureano, Journal of Financial Economics 108 (2013), 182-212
with Nuno Fernandes, Pedro Matos and Kevin J. Murphy, Review of Financial Studies 26 (2013), 323-267
with Pedro Matos, Review of Financial Studies 25 (2012), 2703-2744
with Aneel Keswani, Antonio Miguel and Sofia Ramos, Journal of Banking and Finance 36 (2012), 1759-1780
with Pedro Santa-Clara, Journal of Financial Economics 100 (2011), 514-537
with Reena Aggarwal, Isil Erel and Pedro Matos, Journal of Financial Economics 100 (2011), 154-181
China International Conference in Finance, Best Paper Award, 2010
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with Daniel Ferreira and Clara Raposo, Journal of Financial Economics 99 (2011), 523-545
Egon Zehnder Best Paper Prize, ECGI, 2008
with Antonio Miguel, Journal of Multinational Financial Management 21 (2011), 279-300
with Paulo Alves, Journal of Multinational Financial Management 21 (2011), 119-150
with Nuno Fernandes, Pedro Matos and Kevin J. Murphy, Review of Financial Studies 26 (2013), 323-267
with Paulo Gama, Journal of Multinational Financial Management 20 (2010), 35-47
with Nuno Fernandes, Review of Financial Studies 22 (2009), 1845-1877
with Paul Laux, Journal of International Money and Finance 28 (2009), 271-292
with Pedro Matos, Journal of Financial Economics 88 (2008), 499-533
with Nuno Fernandes, Journal of Financial Economics 88 (2008), 216-244
with Paulo Gama, Journal of Banking and Finance 31 (2007), 3162-3182
with Paul Laux, Journal of Finance 62 (2007), 951-989
with Miguel Angelo Ferreira, European Financial Management 12 (2006), 341-373
with Jose Lopez, Journal of Financial Econometrics 3 (2005), 126-168
with Paulo Gama, Journal of Financial and Quantitative Analysis 40 (2005), 195-222
Journal of International Money and Finance 24 (2005), 766-792
with Antonio Vilela, European Financial Management 10 (2004), 295-319