2003 Lamfalussy Fellows
The 2003 Lamfalussy fellows are:
- Rui Albuquerque, Boston University.
Research project: Asymmetric Information and the Persistence of
International Equity Flows (ECB
Working Paper).
Published in The Review of Economic Studies (Lead Article, January
2007) entitled "International Equity Flows and Returns: a Quantitative
Equilibrium Approach."
- Giulia Iori,
City University, London.
Research project: An Investigation of the Efficiency and Stability of Alternative Designs for Securities Clearing and Settlement
Infrastructures (ECB
Working Paper).
- Leo Kaas,
University of Konstanz, Germany.
Research project: Bank Competition and Financial Market
Integration (ECB
Working Paper).
- Albert J. Menkveld,
Vrije Universiteit Amsterdam.
Research project:
Substitutability, Fragmentation and Price Discovery in the European
Government Bond Market: An Empirical Study based on EuroMTS Data (ECB
Working Paper).
- Yigal S. Newman,
Stanford Graduate School of Business.
Research project: The Volume of New Issuance and its Impact on Market-Wide Credit Spreads
("Winner of the 2004 European Finance Association award for best PhD
paper").