MARIANO MASSIMILIANO CROCE
Courses a.y. 2023/2024
11661 UNDERSTANDING INVESTMENTS
12065 UNDERSTANDING INVESTMENTS
30285 EMPIRICAL METHODS FOR FINANCE (INTRODUCTION TO ECONOMETRICS FOR FINANCE)
40190 READING GROUP ASSET PRICING
40216 FINANCE 3
40946 ADVANCED TOPICS IN ASSET PRICING
Courses previous a.y.
I have a long teaching history in MBA, Executive MBA, PhD, and undergraduate programs. I teach courses such as Global Economics, Investments, Corporate Finance, International Capital Markets, Financial Econometrics, Empirical Asset Pricing; and Advanced Methods for Macro Finance.
Biographical note
I am a CEPR Research Fellow and an IGIER research fellow. After I received my Ph.D. in Economics from New York University, I taught at several leading academic institutions, including Bocconi University, University of Pennsylvania, New York University, Indian School of Business, and the University of North Carolina. I have published papers in the leading academic journals, including 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
About
Since September 2017, I have been a CEPR Research Fellow. In April 2018, I was appointed as an NBER Research Associate. In 2019, I was nominated as the Director of the PhD in Economics and Finance program at Bocconi. In 2021, I was appointed as a Co-Editor of Economics Letters.
Research interests
Working papers
Uncertainty-Induced Reallocations and Growth
2016
Concealed Carry
Winner of the Best paper Award at the VSFX 2021
When the Markets Get COVID: COntagion, Viruses, and Information Diffusion
2020
SONOMA: a Small Open ecoNOmy for MAcrofinance
2018
A Tax Plan for Endogenous Innovation
Federal Reserve Bank of Minneapolis, System WP 18-02
Volatility (Dis)Connect in International Markets
2021
Selected Publications
Persistent government debt and aggregate risk distribution
Journal of Financial Economics, 2021
Government debt and the returns to innovation
Journal of Financial Economics, 2019
Recursive allocations and wealth distribution with multiple goods: existence, survivorship, and dynamics
Quantitative Economics, 2019
Currency risk factors in a recursive multicountry economy
The Journal of Finance, 2018
BKK the EZ Way: international long-run growth news and capital flows
The American Economic Review, 2018
News shocks and the production-based term structure of equity returns
The Review of Financial Studies, 2018
Investor information, long-run risk, and the term structure of equity
The Review of Financial Studies, 2015
Long-run productivity risk: a new hope for production-based asset pricing?
Journal of Monetary Economics, 2014
International asset pricing with recursive preferences
The Journal of Finance, 2013
Toward a quantitative general equilibrium asset pricing model with intangible capital
The Review of Financial Studies, 2013
International robust disagreement
The American Economic Review, 2012
The market price of fiscal uncertainty
Journal of Monetary Economics, 2012
Fiscal policies and asset prices
The Review of Financial Studies, 2012
Risks for the long run and the real exchange rate
Journal of Political Economy, 2011
The short and long run benefits of financial integration
The American Economic Review, 2010
Volatility risk pass-through
The Review of Financial Studies, Forthcoming