I work on the determinants of financial markets liquidity and volatility, the industrial organization of these markets, and their effect on the real economy. My most recent papers are on OTC markets, the implications of new technologies to produce and share financial information (AI), and the determinants of stock price informativeness and its effect on firms’ decisions (investment, product choices etc.).

VoxEU Column
The impact of technology on finance: A new eBook
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- Financial Markets 
- Financial Regulation and Banking

VoxEU Column
The noise in stock prices matters for the real economy
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- Financial Markets 
- International Finance
VoxEU Column
Stock markets, wisdom of crowds, and corporate strategy
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- International Finance