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Research

Working Papers

with Manuel Adelino and Miguel Oliveira, 2024

with Richard Evans, Pedro Matos and Michael Young, 2021

with Diana Bonfim, Francisco Queiro and Sujiao (Emma) Zhao, 2024

with Afonso Eca, Melissa Prado and Emanuele Rizzo, 2023

with Claudia Custodio, Emilia Garcia-Appendini and Adrian Lam, 2024
EFiC Conference in Banking and Corporate Finance, Best Paper Award, 2021

with Manuel Adelino, Paulo Fagandini and Francisco Queiro, 2019​

with Marta Lopes, Francisco Queiro and Hugo Reis, 2021

with Vicente Bermejo, Daniel Wolfenzon and Rafael Zambrana, 2019 
IDC Annual Conference in Financial Economics Research, Best Paper Award, 2019

with Claudia Custodio and Emilia Garcia-Appendini, 2019

with João P. Santos and Ana Venancio, 2019

Ministry of Economy, Research Office, Best Paper Award in Savings and Financing, 2019

Publications

with Claudia Custodio and Emilia Garcia-Appendini, Review of Finance 27 (2023), 2233-2270

with Vicente J. Bermejo, Daniel Wolfenzon and Rafael Zambrana, Journal of Financial and Quantitative Analysis, 2019

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

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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 Pedro Matos, Joao Pereira and Pedro Pires, Journal of Banking and Finance 82 (2017), 151-164

with Richard Evans and Melissa Prado, Review of Finance 21 (2017), 1093-1121

with Heitor Almeida, Igor Cunha and Felipe Restrepo, Journal of Finance 72 (2017), 249-290

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

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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

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