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Lucio Sarno

Global rank #1189 98%

Institution: University of Cambridge

Primary Field: Finance (weighted toward more recent publications)

Homepage: https://sites.google.com/view/luciosarno

First Publication: 1997

Most Recent: 2025

RePEc ID: psa95 ↗

Publication Scores

Scores use coauthorship adjustment: α/n credit per paper, where n = number of authors. α = 2.01: calibrated so average adjusted count equals average raw count (a zero-sum adjustment).

Period S (4x) A (2x) B (1x) C (½x) Total
Last 5 Years 0.00 1.85 3.35 0.00 7.05
Last 10 Years 0.00 5.94 4.52 0.00 16.40
All Time 0.00 15.32 20.78 0.00 57.46

Publication Statistics

Raw Publications 57
Coauthorship-Adjusted Count 48.37

Publications (57)

Year Article Journal Tier Authors
2025 The trade imbalance network and currency returns Journal of Financial Economics A 3
2024 Nonstandard Errors Journal of Finance A 343
2024 Currency Risk Premiums Redux The Review of Financial Studies A 3
2024 Risks and risk premia in the US Treasury market Journal of Economic Dynamics and Control B 3
2024 repec:oup:revfin:v:37:y:2024:i:2:p:356-408. Review of Finance B 1
2022 Foreign Exchange Volume The Review of Financial Studies A 4
2022 The cost of foreign-currency lending Journal of Banking & Finance B 3
2020 Risky bank guarantees Journal of Financial Economics A 3
2020 Business cycles and currency returns Journal of Financial Economics A 3
2019 When Is Foreign Exchange Intervention Effective? Evidence from 33 Countries American Economic Journal: Macroeconomics A 5
2017 Currency Value The Review of Financial Studies A 4
2016 What Do Stock Markets Tell Us about Exchange Rates? Review of Finance B 4
2016 Information Flows in Foreign Exchange Markets: Dissecting Customer Currency Trades Journal of Finance A 4
2016 Volatility risk premia and exchange rate predictability Journal of Financial Economics A 3
2016 What drives international portfolio flows? Journal of International Money and Finance B 3
2016 Currency Premia and Global Imbalances The Review of Financial Studies A 3
2015 The scapegoat theory of exchange rates: the first tests Journal of Monetary Economics A 4
2014 Foreign exchange risk and the predictability of carry trade returns Journal of Banking & Finance B 3
2014 Which Fundamentals Drive Exchange Rates? A Cross‐Sectional Perspective Journal of Money, Credit, and Banking B 2
2012 Global liquidity risk in the foreign exchange market Journal of International Money and Finance B 3
2012 How the Subprime Crisis went global: Evidence from bank credit default swap spreads Journal of International Money and Finance B 4
2012 Carry Trades and Global Foreign Exchange Volatility Journal of Finance A 4
2012 Currency momentum strategies Journal of Financial Economics A 4
2012 Properties of foreign exchange risk premiums Journal of Financial Economics A 3
2012 The Predictive Information Content of External Imbalances for Exchange Rate Returns: How Much Is It Worth? Review of Economics and Statistics A 3
2011 Spot and forward volatility in foreign exchange Journal of Financial Economics A 3
2010 Asset prices, exchange rates and the current account European Economic Review B 3
2010 Timing exchange rates using order flow: The case of the Loonie Journal of Banking & Finance B 3
2010 Exchange rate forecasting, order flow and macroeconomic information Journal of International Economics A 3
2009 Does the law of one price hold in international financial markets? Evidence from tick data Journal of Banking & Finance B 3
2009 An Economic Evaluation of Empirical Exchange Rate Models The Review of Financial Studies A 3
2009 The Feeble Link between Exchange Rates and Fundamentals: Can We Blame the Discount Factor? Journal of Money, Credit, and Banking B 2
2008 Arbitrage in the foreign exchange market: Turning on the microscope Journal of International Economics A 3
2008 The expectation hypothesis of the term structure of very short-term rates: Statistical tests and economic value Journal of Financial Economics A 3
2007 A cross-country financial accelerator: Evidence from North America and Europe Journal of International Money and Finance B 3
2007 What's Unique About the Federal Funds Rate? Evidence from a Spectral Perspective* Oxford Bulletin of Economics and Statistics B 3
2007 The Empirical Failure of the Expectations Hypothesis of the Term Structure of Bond Yields Journal of Financial and Quantitative Analysis B 3
2006 Deviations from purchasing power parity under different exchange rate regimes: Do they revert and, if so, how? Journal of Banking & Finance B 2
2006 Nonlinearity in Deviations from Uncovered Interest Parity: An Explanation of the Forward Bias Puzzle Review of Finance B 3
2005 Exchange rates and fundamentals: evidence on the economic value of predictability Journal of International Economics A 3
2005 Empirical exchange rate models and currency risk: some evidence from density forecasts Journal of International Money and Finance B 2
2005 Viewpoint: Towards a solution to the puzzles in exchange rate economics: where do we stand? Canadian Journal of Economics C 1
2005 Modelling and forecasting stock returns: exploiting the futures market, regime shifts and international spillovers Journal of Applied Econometrics B 2
2004 Nonlinear dynamics in deviations from the law of one price: a broad-based empirical study Journal of International Money and Finance B 3
2004 Speculative Bubbles in U.K. House Prices: Some New Evidence Southern Economic Journal C 2
2003 The out-of-sample success of term structure models as exchange rate predictors: a step beyond Journal of International Economics A 4
2003 The dynamic relationship between the federal funds rate and the Treasury bill rate: An empirical investigation Journal of Banking & Finance B 2
2002 Short‐ and long‐run price level uncertainty under different monetary policy regimes: an international comparison Oxford Bulletin of Economics and Statistics B 2
2001 Nonlinear Dynamics, Spillovers and Growth in the G7 Economies: An Empirical Investigation Economica C 1
2001 The behavior of US public debt: a nonlinear perspective Economics Letters C 1
2000 Real exchange rate behavior in the Middle East: a re-examination Economics Letters C 1
1999 Hot money, accounting labels and the permanence of capital flows to developing countries: an empirical investigation Journal of Development Economics A 2
1999 Moral hazard, asset price bubbles, capital flows, and the East Asian crisis:: the first tests Journal of International Money and Finance B 2
1998 Real exchange rates under the recent float: unequivocal evidence of mean reversion Economics Letters C 2
1998 The behavior of real exchange rates during the post-Bretton Woods period Journal of International Economics A 2
1997 Capital Flows to Developing Countries: Long- and Short-Term Determinants. World Bank Economic Review B 2
1997 Policy convergence, the exchange rate mechanism and the misalignment of exchange rates. Some tests of purchasing power parity and generalized purchasing power parity Applied Economics C 1