1996. PhD Economics. Universidad del País Vasco.
1992. MA in Economics. Universidad del País Vasco.
Ultra-Fast Activity and Intraday Market Quality, (with Cartea, A., Payne, R. and J. Penalva), 2018. Journal of Banking and Finance (forthcoming).
Modeling the shape of the limit order book, (with Platania, F. and P. Serrano). Quantitative Finance,18, 2018, pp 1575-1597
Fragmentation vs. consolidation in Spanish Stock Exchange. A note. The Spanish Review of Financial Economics, 15, 2017, pp. 33–39.
Globalization, Superstars, and Reputation: Theory & Evidence from the Wine Industry, (with Gibbs, M., and F. Warzynski). Journal of Wine Economics, 4, 2009, pp. 50–65.
Disclosure and Liquidity in a Driven by Orders Market: Empirical Evidence from Panel Data, (with Espinosa, M., and M. Trombetta). Investigaciones Económicas, vol.XXXII, 2008, pp.339-370.
Price Dynamics, Informational Efficiency and Wealth Distribution in Continuous Double Auction Markets, (with Gil-Bazo, J., and D. Moreno). Computational Intelligence, 23, 2007, pp. 176-196.
Asset Pricing and Systematic Liquidity Risk: an Empirical Investigation of the Spanish Stock Market (with Martínez, M. A., B. Nieto, and G. Rubio). International Review of Economics & Finance, 14. 2005, pp. 81-103.
Adverse Selection Costs, Trading Activity and Liquidity in the NYSE: An Empirical Analysis (with Pascual, R., and A. Escribano). Journal of Banking and Finance, 28. 2004, pp. 107-128.