The ESADE Group for Research in Economics and Finance (GREF) conducts research in the fields of finance and economics, covering a wide range of areas from macroeconomics and international economics to corporate finance, risk management and capital markets.
GREF brings together faculty from the departments of Economics and Financial Management and Control, graduate students and a diverse network of collaborators, with the aim to facilitate the creation and diffusion of high-quality research within ESADE, the academic community and the society at large.
Our activity encompasses the micro view, focused on the firm behavior and the functioning of particular industries as well as the macroeconomic perspective that brings in the picture the interplay of institutions, policies and markets in the context of the global economy.
Director, Group for Research in Economics and Finance (GREF)
Associate Professor, Department of Economics, Finance and Accounting
Research and fields of interest:
International Macroeconomics and Finance, Trade, Productivity and Growth
Competitive Pressure Widens the Gender Gap in Performance: Evidence from a Two-Stage Competition in Mathematics
Iriberri, N., Rey-Biel, P. (2019) The Economic Journal, Vol 129(620), pp. 1863–1893. + INFO
Performance measurement systems as generators of cognitive conflict in ambidextrous firms
Bedford , D., Bisbe, J. & Sweeney, M. (2019). Accounting, Organizations and Society, 72 (1), pp. 21-37 + INFO
Volatility discovery: Can the CDS market beat the equity options market?
Forte Arcos, S. & Lovreta, L. (2019). Finance Research Letters, 28 (March 2019), pp. 107-111. + INFO
Retained earnings, interest rates and lending relationship
Dumitrescu, A. (2019). The B.E. Journal of Theoretical Economics, 1 (19), pp. 110-121. + INFO
Market frictions, investor sophistication, and persistence in mutual fund performance
Dumitrescu, A. & Gil Bazo, J. (2018). Journal of Financial Markets, 40 (-), pp. 40-59. + INFO
Silent financial interests and product innovation
Bayona Font, A. & López, Á. Economics Letters, 170, p. 109 – 112 (2018) + INFO
Dynamic fiscal competition: A political economy theory
Arcalean, C. Journal of Public Economics, 164, p. 211 – 224 (2018) + INFO
The social value of information with an endogenous public signal
Bayona, A. (2018).
Economic Theory, 66 (4), pp. 1059-1087. + INFO
The Banco Sabadell has built a strong research partnership with ESADE professors in the Department of Economics, Finance and Accounting.
Among the results of this partnership is the publication of the ESADE Economic and Financial Report, a joint research report that provides a snapshot of the global economy and offers latest trends and financial predictions.