Marco Pagano - Selected Publications#

1. “Disaster Resilience and Asset Prices” (with Christian Wagner and Josef Zechner), forthcoming in the Journal of Financial Economics and covered by The Economist.

2. “Advertising Arbitrage” (with Sergei Kovbasyuk), Review of Finance, Vol. 26, No. 4, 799–827, 2022.

3. “Local Crowding Out in China” (with Yi Huang and Ugo Panizza), 2017 CICF Best Paper Award, Journal of Finance, Vol. 75, Issue 6, 2855-2898, 2020.

4. “Career Risk and Market Discipline in Asset Management” (with Andrew Ellul and Annalisa Scognamiglio), Review of Financial Studies, Vol. 33, Issue 2, 783–828, 2020.

5. “Corporate Leverage and Employee Protection in Bankruptcy” (with Andrew Ellul), Journal of Financial Economics, Vol. 133, Issue 3, 685-707, 2019.

6. “Employment and Wage Insurance within Firms: Worldwide Evidence” (with Andrew Ellul and Fabiano Schivardi), Review of Financial Studies, Vol. 31, Issue 4, 1298–1340, 2018.

7. “Bank Exposures and Sovereign Stress Transmission” (with Carlo Altavilla and Saverio Simonelli), Review of Finance, Vol. 21, Issue 6, 2103-2139, Editor’s choice and lead article, featured on the Managing Editors’ Blog, 2017.

8. “Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent” (with Viral Acharya and Paolo Volpin), Review of Financial Studies, Vol. 29, No. 10 (Editor’s Choice), 2565-2599, 2016.

9. “Short-Selling Bans around the World: Evidence from the 2007-09 Crisis” (with Alessandro Beber), Journal of Finance, Vol. 68, no. 1, February 2013, winner of the 2011/2012 Inquire U.K. Prize for Excellence.

10. Market Liquidity: Theory, Evidence and Policy (with Thierry Foucault and Ailsa Roëll), Oxford: Oxford University Press, 2013.