address / office:
C/ Madrid, 126 - 28903 Getafe (Madrid) Spain / 6.0.43
phone / fax:
(34) 91 624 86 41 /



Associate Professor of Finance

Selected publications

    Rodríguez, R. & Peña, J.I.: "Are EU's Climate and Energy Package 20-20-20 targets achievable and compatible? Evidence from the impact of renewables on electricity prices", Energy vol. 183, September 2019, 477-486

    Rodríguez, R., Moreno, J.D. & Malagón, J.: "Idiosyncratic volatility, conditional liquidity and stock returns", International Review of Economics and Finance vol. 53, January 2018, 118-132

    Rodríguez, R., Blanco, I. & Peña, J.I.: "Modelling Electricity Swaps with Stochastic Forward Premium Models", The Energy Journal vol. 39 (2), 2018

    Rodríguez, R., Moreno J.D. & Zambrana, R.: "Management Sub-Advising in the Mutual Fund Industry", Journal of Financial Economics vol. 127 (3), March 2018, 567-587

    Rodríguez, R., Blanco, I. & Peña, J.I.: "Default supply auctions in electricity markets: Challenges and proposals", Energy Policy vol. 122, November 2018, 142-151

    Rosa Rodríguez is an Associate Professor of Finance at the Department of Business Administration at Carlos III University. She holds a Ph. D. in Economics from the Carlos III University and a Bachelor degree in business and economics from the Complutense University (Madrid - Spain). She teaches financial economics, asset pricing and risk management to undergraduates and graduates.

    Rosa's research interests center on asset pricing, risk management and mutual funds evaluation. Her research examines the effects of macroeconomic factors on equity returns. She has published in international leading journals, such as the Journal of International Money and Finance and also in domestic journals, such as the Spanish Economic Review and Investigaciones Económicas.

    In addition to her teaching and research, Rosa has served as ad hoc reviewer of journals as International Review of Economics and Finance, Investigaciones Economicas, Moneda y Crédito, Revista de Economía Aplicada and Revista de Economía Financiera.

    Rodríguez, R., Blanco, I. & Peña, J.I.: "Default supply auctions in electricity markets: Challenges and proposals", Energy Policy vol. 122, November 2018, 142-151

    Rodríguez, R., Moreno J.D. & Zambrana, R.: "Management Sub-Advising in the Mutual Fund Industry", Journal of Financial Economicsvol. 127 (3), March 2018, 567-587

    Rodríguez, R. & Peña, I.: "Time-Zero Efficiency of European Power Derivatives Markets”, Energy Policy vol. 95,  August 2016, 253-268 

    Rodríguez, R. & Rubio, G.: “Teaching Quality and Academic Research”, International Review of Economics Education vol. 23, September 2016, 10-27 

    Rodríguez, R, Moreno, J.D. & Malagón, J.: “The Idiosyncratic Volatility Anomaly: Corporate Investment or Investor Mispricing?”, Journal of Banking and Finance vol. 60, November 2015, 224-238

    Rodríguez, R. & Nieto, B.: “Corporate stock and bond return correlations and dynamic adjustments of capital structure ”, Journal of Business Finance and Accounting vol. 42 (5-6), June-July 2015, 705–746

    Rodríguez, R., Moreno, J.D. & Matallín-Sáez, J.C.: “Why is timing perverse?”, The European Journal of Finance, vol. 21, 2015, 1334-1356

    Rodríguez, R., Moreno, J.D. & Malagón, J.: “Time horizon trading and the idiosyncratic risk puzzle”, Quantitative Finance, vol. 15 (2), 2015, 327-343

    Rodríguez, R., Moreno, J.D. & Cáceres, E.: “A study on short-selling constraints: total ban versus partial ban”, Applied Economics Letters, vol. 22 (2), 2015, 99-103

    Rodríguez, R., Moreno, J.D. & Wang, C.:“Accurately Measuring Gold Mutual Fund Performance”, Applied Economics Letters, vol. 21 (4), 2014, 268-271

    Rodríguez, R.& Moreno, J.D.: "Optimal Diversification across Mutual Funds", Applied Financial Economics, vol. 23 (2), 2013, 199-203

    Rodríguez, R. & Moreno, J.D."The value of coskewness in mutual fund performance evaluation", Journal of Banking & Finance, vol. 33, 2009, 1664–1676

    Rodríguez, R. & Peña, I.: "On the economic link between asset prices and real activity”, Journal of Business Finance and Accounting vol. 34 (5-6), June-July 2007, 889-916

    Rodríguez, R. & Nieto, B.: "The consumption-wealth and Book-to Market ratios in a Dynamic asset-pricing context", Spanish Economic Review  vol. 9, 2006

    Rodríguez, R. & Moreno, J.D.: "Performance Evaluation considering the Coskewness: A Stochastic Discount Factor Framework", Managerial Finance vol. 32 (4), 2006, 375-392

    Rodríguez, R. & Restoy, F.: "Can Fundamentals Explain Cross-Country Correlations of Asset Returns? ”, Review of World Economics, vol. 142 (3), 2006

    Rodríguez, R. & Nieto, B.: "Los Modelos de Valoración de Activos Condicionales: un Panorama Comparativo Ilustrado con Datos Españoles", Investigaciones Económicas, vol. 29 (1), 2005

    Rodríguez, R., Restoy, F. & Oeña, I.: "Can Output Explain the Predictability and Volatility of Stock Returns?", Journal of International Money and Finance vol. 21 (2), April 2002, 163-182