Professor Dr. Paolo Pasquariello

Biography

Paolo John C. Sally S. Morley Professor of Finance at the Ross School of Business, University of Michigan. His research focuses on information economics, international finance, and market microstructure, analyzing the impacts of trading characteristics such as price manipulation and information asymmetry on human behavior, including agency, short-termism, and risk-seeking in losses. He studies price formation processes in various markets, including domestic and international equity, government and corporate bonds, currencies, and real estate. Recent research includes strategic trading in stock markets, government intervention effects in currency and bond markets, and financial contagions during crises. He has published extensively in leading finance, economics, and real estate journals, received professional awards for his work, and serves as the Managing Editor of the Journal of Financial Markets. Additionally, he has experience as a portfolio manager in Italy and a fixed income analyst at Goldman Sachs, as well as a foreign exchange analyst at J.P. Morgan.

Research Interests