Working Papers

• Legislator Tweets About the Green Transition and the Returns of Green versus Brown Stocks, with Victor DeMiguel and Milind Goel. [working paper] 

• Defining Greenwashing, with Ariadna Dumitrescu and Feng Zhou. [working paper]

Featured in:

"Consumer Federation of America's letter to the SEC in support of proposed rule for enhanced disclosure by investment advisers and investment companies of ESG investment practices." Consumer Federation of America, 2022.

"Global greenwashing regulations: How the world is cracking down on misleading sustainability claims." Sustainalytics, 2023.

"Seeing through the Green: A Guide to Greenwashing Risks for Asset Managers." Sustainalytics, 2023.

"An  Exploration of Greenwashing Risks in Investment Fund Disclosures: An Investor Perspective." CFA Institute Research and Policy Center, 2023.

"Greenwashing in der Fondsbranche." Financial Planning News, 2024.

• Geographic Shareholder Dispersion and Mutual Fund Flow Risk, with Alexander Kempf and Raffaele Santioni. [working paper]

• ESG and Mutual Fund Competition, with Ariadna Dumitrescu. [working paper]

Winner of the INVERCO Best Paper in Asset Management Award, 2024, Finance Forum (Spanish Finance Association Annual Conference)