Alejandro Bernales

Associate Professor

Academic Training

Ph.D. en Finanzas, The Univerisity of Manchester, Manchester, Inglaterra
Magister en Ciencias de la Ingeniería, Pontificia Universidad Católica, Santiago, Chile
Ingeniero Civil Industrial, Pontificia Universidad Católica, Santiago, Chile

Sitio web

Research Areas

Asset Valuation, Derivatives, Microstructure, Macro Finance and Energy Economics.

Contact

abernales@fen.uchile.cl

abernales@unegocios.cl

Publicaciones en Revistas con Comité Editorial

2024 / Aggregate Risk and Lending Decisions in the Interbank Market / JOURNAL OF MONEY CREDIT AND BANKING
2024 / Trader Competition in Fragmented Markets: Liquidity Supply Versus Picking-Off Risk / JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS
2023 / Blue-Collar Crime and Finance / Journal of International Financial Markets Institutions & Money
2022 / Speculative bubbles under supply constraints, background risk and investment fraud in the art market / JOURNAL OF CORPORATE FINANCE
2021 / The effect of environmental policies on risk reductions in energy generation / JOURNAL OF ECONOMIC DYNAMICS AND CONTROL
2020 / Do investors follow the herd in option markets? / JOURNAL OF BANKING & FINANCE
2020 / What do we know about individual equity options? / JOURNAL OF FUTURES MARKETS / - No. 1
2020 / Learning and Index Option Returns / Journal of Business & Economic Statistics / - No. 2
2019 / Make-Take Decisions under High-Frequency Trading Competition / JOURNAL OF FINANCIAL MARKETS
2018 / Bid-ask spread and liquidity searching behaviour of informed investors in option markets / Finance Research Letters
2017 / The success of option listings / Journal of Empirical Finance
2017 / Learning and forecasts about option returns through the volatility risk premium / JOURNAL OF ECONOMIC DYNAMICS AND CONTROL
2016 / CVaR Constrained Planning of Renewable Generation with Consideration of System Inertial Response, Reserve Services and Demand Participation / ENERGY ECONOMICS
2015 / Learning to smile: Can rational learning explain predictable dynamics in the implied volatility surface? / JOURNAL OF FINANCIAL MARKETS
2014 / Thinly Traded Securities and Risk Management / Estudios de Economia / - No. 1
2014 / Can we forecast the implied volatility surface dynamics of equity options? Predictability and economic value tests / JOURNAL OF BANKING & FINANCE / - No. 1

Capítulos de libros

2013 / The Effects of Derivatives on Underlying Financial Markets: Equity Options, Commodity Derivatives and Credit Default Swaps

Research Monographs

Columna de Opinión

Academic/Professional meeting Presentations

2022 / Decomposing Asymmetric Information in Equity Options: Underlying Stock Value and Volatility Information Components

Competitive Research Awards Received

2024 / Climate Change and Neighboring Effects: Exploring their Impact on International Migration / - No. 1240312
2023 / Understanding Information Effects on Market Activity, and Market Activity Effects on Information / - No. 1231660
2023 / On Financial Government Policies and Group Effects / - No. 1231630
2019 / The effect of information flows on investment decisions and financial stability
2019 / Financial Decisions under Market Frictions: Funding Decisions and Investment Planning
2014 / Market Dynamics: Inter-Bank Markets And Centralized Multi-Markets / - No. 11140628