
Marcela Valenzuela
Assistant Professor at the School of Management, Catholic University of Chile and researcher at the MIPP Millenium Institute.
Assistant Professor at the School of Management, Catholic University of Chile and researcher at the MIPP Millenium Institute.
The relationship between financial risk and economic growth is complex. This column finds that perceptions of high risk unambiguously harm growth...
Traders’ choice between lit and dark trading venues depends on market conditions, which are affected by execution priority rules in the dark pool...
We investigate the causal impact of financial risk on economic growth, using a panel spanning 150 years and 74 countries. Persistent low risk...
We derive the optimal underwriting method and the quantitative IPO pricing rule that this method implies in a market with informational frictions...
The Review of Financial Studies, Volume 31, Issue 7, Pages 2774–2805.
Reliable indicators of future financial crises are important for policymakers and practitioners. While most indicators consider an observation of high...
We study the effects of stock market volatility on risk-taking and financial crises by constructing a cross-country database spanning up to 211 years...