Contact Information

Associate Professor of Economics
CEMFI
Casado del Alisal 5
28014 Madrid
Spain
Phone: +34 914290551
Fax: +34 914291056
E-mail: 

Studies

  • PhD. in Economics. University of Rochester, 2000.
  • B.A. in Economics, Universitat Pompeu Fabra, 1994.

 

Research

Published Papers

  • "Strategic Online-Banking Adoption," with Roberto Fuentes and Rubén Hernández-Murillo, Journal of Banking and Finance,  34 (7), pp. 1650-1663, 2010.
  • "Preventing Patent Hold up: An Economic Assessment of Ex Ante Licensing Negotiations in Standard Setting " with Anne Layne-Farrar and A. Jorge Padilla, AIPLA Quarterly Journal, 37 (4), pp. 445-478, 2009.
  • "R&D in the Pharmaceutical Industry: A World of Small Innovations" with Beatriz Domínguez and Juan-José Ganuza, Management Science, 55, pp. 539-551, 2009.
  • "Regulation, Corporate Social Responsibility and Activism," with Aleix Calveras and Juan-José Ganuza, Journal of Economics and Management Strategy, 16(3), pp. 719-740, 2007.
  • "Rewarding Sequential Innovations: Prizes, Patents and Buyouts," with Hugo Hopenhayn and Matthew Mitchell, Journal of Political Economy, 104(6), pp. 1041-1068, 2006.
  • "The Law and Finance of Venture Capital Financing in Europe: Findings from the RICAFE Research Project," with Marco Da Rin, Ulrich Hege and Uwe Walz, European Business Organization Law Review, 7, pp. 525-547, 2006.
  • "Patent Licensing Revisited: Heterogenous Firms and Product Differentiation," with Rubén Hernández-Murillo, International Journal of Industrial Organization, 24(1), 149-175, 2006.
  • "Market Structure, Scrappage and Moral Hazard," with Susanna Esteban, Economics Letters 88(2),  203-208, 2005.
  • "Patent Litigation when Innovation is Cumulative," International Journal of Industrial Organization 21 (8), pp. 1135-1158, 2003.
  • "Patentes, Premios y Contratos de Investigación para Recompensar a los Innovadores," Economía Industrial, Nº 339, pgs. 127-134, 2001.

Working Papers

  • "Walking Bounded and Living Dead? Making Banks Foreclose Bad Loans," with Max Bruche. June 2010. [Paper on SSRN]
  • "Payments and Participation: The Incentives to Join Cooperative Standard Setting Efforts," with Anne Layne-Farrar and A. Jorge Padilla, February 2010. [Download the PDF]
  • "An Economic Take on Patent Licensing: Understanding the Implications of the “First Sale Patent Exhaustion” Doctrine," with Anne Layne-Farrar and A. Jorge Padilla, revised on February 2010. [Download the PDF]
  • "Financially Constrained Innovation, Patent Protection and Industry Dynamics," with Javier Suárez, revised on May 2009. [Download the PDF]
  • "Voluntary Contributions Vote out Public Ones," with Aleix Calveras and Juan-José Ganuza, November 2006. [Download the PDF]
  • "Patent Litigation and the Role of Enforcement Insurance" with Javier Suarez, revised on July 2008. [Download the PDF]
  • "Network Size and Network Capture," with Michael Manove, February 2006. [Download the PDF]

Some Friends and Co-authors


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