• Education Open or Close

    Ph D, University of Rochester, Economics, 1999.

    MS, University of Rochester, Economics, 1997.

    BA, Universidade Catolica Portuguese, Lisbon, Economics, 1992.

  • PublicationsOpen or Close

    Journal Articles:

      Albuquerque, R., Miao, J., (2014). Advance Information and Asset Prices. Journal of Economic Theory,

      Albuquerque, R., Miao, J., (2013). CEO Power, Compensation, and Governance. Annals of Economics and Finance, 14(2), 417-452.

      Albuquerque, R., (2012). Skewness in Stock Returns: Reconciling the Evidence on Firm versus Aggregate Stock Returns. Review of Financial Studies, 25(5), 1630-1673.

      Albuquerque, R., (2010). Comment on: Optimal taxation in the presence of bailouts. Journal of Monetary Economics, 57(1), 117-119.

      Albuquerque, R., Schroth, E., (2010). Quantifying private benefits of control from a structural model of block trades. Journal of Financial Economics, 96(1), 33-55.

      Albuquerque, R., Bauer, G., Schneider, M., (2009). Global Private Information in International Equity Markets. Journal of Financial Economics, 94(1), 18-46.

      Albuquerque, R., Vega, C., (2009). Economic News and International Stock Market Co-Movement. Review of Finance, 13(3), 401-465.

      Albuquerque, R., de Francisco, E., Marques, L., (2008). Marketwide Private Information in Stocks: Forecasting Currency Returns. Journal of Finance, 63(5), 2297-2343.

      Albuquerque, R., (2008). The Forward Premium Puzzle in a Model of Imperfect Information. Economics Letters, 99(3), 461-464.

      Albuquerque, R., Wang, N., (2008). Agency Conflicts, Investment, and Asset Pricing. Journal of Finance, 63(1), 1-40.

      Albuquerque, R., (2007). Optimal Currency Hedging. Global Finance Journal, 18(1), 16-33.

      Albuquerque, R., Bauer, G., Schneider, M., (2007). International Equity Flows and Returns: A Quantitative Equilibrium Approach. The Review of Economic Studies, 74(1), 1-30.

      Albuquerque, R., Loayza, N., Serven, L., (2005). World Market Integration Through the Lens of Foreign Direct Investors. Journal of International Economics, 66(2), 267-295.

      Albuquerque, R., Hopenhayn, H., (2004). Optimal Lending Contracts and Firm Dynamics. Review of Economic Studies/Blackwell Publishers, 71(2/247), 285-315.

      Albuquerque, R., (2003). The Composition of International Capital Flows: Risk Sharing through Foreign Direct Investment. Journal of International Economics, 61(2), 353-383.

      Albuquerque, R., Rebelo, S., (2000). On the Dynamics of Trade Reform. Journal of International Economics, 51(1), 21-48.

      Albuquerque, R., Neves, P. D., (1995). The Effects of the Value Added Tax on Income Distribution in Portugal (in Portugese). Bank of Portugal Quarterly Bulletin Series,

      Albuquerque, R., Gouveia, M., (1994). Wage Distribution in Portugal: 1980 and 1990 (in Portugese). Bank of Portugal Quarterly Bulletin Series,

      Albuquerque, R., Michel, A., Gaspar, R., (Accepted). Investment Analysis of Autocallable Contingent Income Securities. Financial Analysts Journal,

      Albuquerque, R., Ramadorai, T., Watugala, S., (Accepted). Trade Credit and Cross-Country Predictable Firm Returns. Journal of Financial Economics,

      Albuquerque, R., Schroth, E., (Accepted). The Value of Control and the Costs of Illiquidity. Journal of Finance,

    Working Papers:

      Albuquerque, R., Eichenbaum, M., Rebelo, S., Long-run Bulls and Bears.

    Other Publications:

      Albuquerque, R., Schroth, E., (2014). The Marketability Discount of Controlling Blocks of Shares.: KPMG Global Valuation Institute Paper.


  • General ServiceOpen or Close

    Service to the School:

      School of Management, Curriculum Development Activities, Concentration Liaison. (September 2013 - August 2014).
      Among other things he Concentration Liaison serves as the point person for students with questions about the concentration. While our students donít require a faculty memberís signature to declare a concentration, the person in the Liaison role must still be knowledgeable regarding the curriculum (especially the courses making up the IM concentration) and willing to spend time chatting with undergraduates. I donít think itís a huge time burden, as IM is a small concentration, but there will likely be some students with questions.


  • Conference ActivitiesOpen or Close

      5th Conference on Macro-Finance Linkages, Boston University and the Federal Reserve Bank of Boston, Committee Member. (October 3, 2014 - October 4, 2014).

      4th Conference on Macro-Finance Linkages, Boston University and the Federal Reserve Bank of Boston, Committee Member. (October 4, 2013 - October 5, 2013).

  • Editorial And Review ActivitiesOpen or Close

    Albuquerque, R., Financial Research Letters, Associate Editor, International, Standing Editorship (Edited Multiple Publications), Appointed, Academic. (February 3, 2013 - December 31, 2014).

  • Academic, Military and Professional PositionsOpen or Close

    Associate Editor, Finance Research Letters. (February 3, 2013 - Present).

  • Awards and HonorsOpen or Close

    ECGI Finance Best Paper Award, European Corporate Governance Institute, Research. (February 6, 2014).

    This annual prize is awarded to studies in various fields that have ďappeared in one of the ECGI Working Paper series and [been] deemed to have made a substantial contribution to the knowledge of corporate governance in Europe."


    Best Paper Award, Geneva Summit on Sustainable Finance, Research. (March 3, 2013).
    For paper on Corporate Social Responsibility and Asset Pricing


    Inquire Third Prize, Inquire Europe, Research. (March 3, 2013).
    2012-2013 prize for Fall 2012 Conference awarded in 3/2013.


    BSI Gamma Foundation Grant, BSI Gamma Foundation, Research. (September 2011).
    For paper "Corporate Social Responsibility and Asset Prices"


    Broderick Prize for Excellence in Research Scholarship, Boston University School of Management, Research. (May 2011).

    KPMG's Global Valuation Insitute Research Grants, KPMG, Research. (August 2011).
    For paper "Search Frictions and Controlling Shareholder Illiquidity"


    Lead article in Review of Finance, Review of Finance, Research. (July 2009).
    The paper "Economic News and International Stock Market Co-Movement" was selected as the lead article in the volume 13 issue 3 of the 2009 Review of Finance.


    The Standard Life Investments Finance Prize, European Corporate Governance Institute/Standard Life Investments, Research. (April 10, 2008).
    This annual prize is awarded to studies in various fields that have ďappeared in one of the ECGI Working Paper series and [been] deemed to have made a substantial contribution to the knowledge of corporate governance in Europe."


    2008 Smith Breeden Distinguished Paper Prize, American Finance Association, Research. (2008).
    The Smith Breeden Distinguished Paper Prize is awarded to the top 3 articles published in the Journal of Finance every year.


    Lamfalussy Fellow, The European Central Bank, Research. (2003).

    Kaplan Award, best graduate GPA, University of Rochester. (1996).

  • BroadcastsOpen or Close

    TV

      Geracao Cientista (The Scientific Generation), 02/17/2007, Portuguese Public Network Television-Canal2.

  • Web LinksOpen or Close