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). Journal of Banking and Finance, 99, 2019, pp 157-181.
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.