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MARIANO MASSIMILIANO CROCE

Personal webpage
Full Professor
Department of Finance
 

Courses a.y. 2019/2020

10685 CAPITAL MARKETS
11692 INVESTMENTS
30188 INTRODUCTORY FINANCIAL ECONOMETRICS
30285 EMPIRICAL METHODS FOR FINANCE (INTRODUCTION TO ECONOMETRICS FOR FINANCE)
40190 READING GROUP ASSET PRICING
40216 FINANCE 3
40946 ADVANCED TOPICS IN ASSET PRICING

Biographical note

The research of finance professor Mariano Massimiliano Croce focuses on asset pricing in general equilibrium models in which there is uncertainty about the long horizon perspectives of the economy (growth news shocks).

Projects include the study of international asset prices and exchange rates; the interaction between asset prices, investment decisions, wealth and welfare on a global scale; links between investors’ information and asset prices; growth implications of fiscal policy risks.

He has published in leading academic journals such as, for example, The American Economic Review, The Journal of Political Economy, The Journal of Finance, The Journal of Financial Economics, The Review of Financial Studies, and The Journal of Monetary Economics. Since September 2017, he is a CEPR Reseach Fellow. In April 2018, he was appointed as an NBER Research Associate.

Dr. Croce teaches courses in finance and global macroeconomics at several leading academic institutions such as Bocconi, ISB, Kenan-Flagler B.S. (UNC), STERN, and Wharton. He served as a research intern at Federal Reserve Board of Governors in Washington, D.C. and the European Central Bank in Frankfurt.

He received his PhD in economics from New York University and master’s and bachelor’s degrees in economics from L. Bocconi University, Milan


Academic CV

Recent publications:

 

BKK the EZ Way. International Long-Run Growth News and Capital Flows. American Economic Review, forthcoming. With R. Colacito, S. Ho, and P. Howard.

Currency Risk Factors in a Recursive Multi-Country Economy. Journal of Finance, forthcoming. With R. Colacito, F. Gavazzoni e R. Ready.

Government Debt and the Returns to Innovation. Journal of Financial Economics, forthcoming. With T. Nguyen, S. Raymond and L. Schmid.


Research areas

International Macrofinance; Asset Pricing; Fiscal policy


Publications



SELECTED PUBLICATIONS

Risks for the Long Run and the Real Exchange Rate. Journal of Political Economy 2011, Volume 119(1). With R. Colacito.

Long-Run Productivity Risk. A New Hope for Production-Based Asset Pricing. Journal of Monetary Economics 2014, Volume 66.

BKK the EZ Way. International Long-Run Growth News and Capital Flows. American Economic Review, forthcoming. With R. Colacito, S. Ho, and P. Howard.