Valentina Bruno

American University - Department of Finance and Real Estate

Professor of Finance

Kogod School of Business

4400 Massachusetts Ave., N.W.

Washington, DC 20016-8044

United States

http://www.american.edu/kogod/faculty/bruno.cfm

Centre for Economic Policy Research (CEPR)

London

United Kingdom

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

SCHOLARLY PAPERS

22

DOWNLOADS

12,411

SSRN CITATIONS

266

CROSSREF CITATIONS

625

Scholarly Papers (22)

1.

In Letter But Not in Spirit: An Analysis of Corporate Governance in the UK

Number of pages: 73 Posted: 13 Oct 2005
Sridhar Arcot and Valentina Bruno
ESSEC Business School - Finance Department and American University - Department of Finance and Real Estate
Downloads 3,882 (2,596)
Citation 24

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Corporate Governance, Comply or Explain, Combined Code

Corporate Governance and Regulation: Can There be too Much of a Good Thing?

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 142/2007, Journal of Financial Intermediation, Forthcoming, AFA 2008 New Orleans Meetings Paper
Number of pages: 50 Posted: 17 Jan 2007 Last Revised: 09 Nov 2018
Valentina Bruno and Stijn Claessens
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 2,160 (6,837)
Citation 12

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Corporate governance, Country regulation, Company valuation, Cost of capital

Corporate Governance and Regulation: Can There Be Too Much of a Good Thing?

World Bank Policy Research Working Paper No. 4140
Number of pages: 50 Posted: 20 Apr 2016
Valentina Bruno and Stijn Claessens
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 741 (35,356)

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National Governance, Governance Indicators, Corporate Law, Microfinance, Small Scale Enterprise

Corporate Governance and Regulation: Can There Be Too Much of a Good Thing?

CEPR Discussion Paper No. DP6108
Number of pages: 57 Posted: 16 May 2008
Valentina Bruno and Stijn Claessens
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 5 (686,665)
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Company valuation, corporate governance practices, regulatory regimes

3.

Corporate Governance in the UK: Is the Comply or Explain Approach Working?

International Review of Law and Economics, Forthcoming
Number of pages: 31 Posted: 07 Jan 2010 Last Revised: 26 Jan 2010
Sridhar Arcot, Valentina Bruno and Antoine Faure-Grimaud
ESSEC Business School - Finance Department, American University - Department of Finance and Real Estate and London School of Economics
Downloads 1,809 (9,424)
Citation 4

Abstract:

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Corporate Governance, Comply or Explain, Combined Code

4.

Does Regulatory Certification Affect the Information Content of Credit Ratings?

Management Science, Forthcoming
Number of pages: 47 Posted: 22 Nov 2011 Last Revised: 12 Nov 2014
American University - Department of Finance and Real Estate, Pennsylvania State University - Department of Finance and Pennsylvania State University - Department of Finance
Downloads 685 (39,959)
Citation 24

Abstract:

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Credit Ratings, NRSRO, Capital Markets Regulation, Certification

Global Dollar Credit and Carry Trades: A Firm-Level Analysis

Review of Financial Studies, Forthcoming
Number of pages: 65 Posted: 04 Jun 2015 Last Revised: 08 Aug 2016
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 481 (62,260)
Citation 20

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Emerging markets, bond issuance, surrogate intermediaries, US dollar credit

Global Dollar Credit and Carry Trades: A Firm-Level Analysis

BIS Working Paper No. 510
Number of pages: 53 Posted: 28 Aug 2015
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 36 (481,776)
Citation 1

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emerging markets, bond issuance, surrogate intermediaries

Capital Flows, Cross-Border Banking and Global Liquidity

AFA 2013 San Diego Meetings Paper
Number of pages: 50 Posted: 13 Mar 2012 Last Revised: 03 Dec 2012
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 419 (73,750)
Citation 11

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Gross capital flows, leverage, credit booms and busts

Capital Flows, Cross-Border Banking and Global Liquidity

NBER Working Paper No. w19038
Number of pages: 51 Posted: 11 May 2013
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 18 (590,719)
Citation 1

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7.
Downloads 276 ( 73,810)
Citation 2

The Real Effect of Foreign Banks

Paolo Baffi Centre Research Paper No. 2009-50, AFA 2010 Atlanta Meetings Paper
Number of pages: 44 Posted: 26 Oct 2008 Last Revised: 25 Jun 2009
Robert B. H. Hauswald and Valentina Bruno
American University - Department of Finance and Real Estate and American University - Department of Finance and Real Estate
Downloads 276 (118,268)
Citation 4

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8.

The Dollar Exchange Rate as a Global Risk Factor: Evidence from Investment

BIS Working Paper No. 695
Number of pages: 43 Posted: 31 Jan 2018
Bank for International Settlements (BIS), American University - Department of Finance and Real Estate, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 356 (89,894)
Citation 12

Abstract:

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financial channel, exchange rates, cross-border bank lending, real investment

Currency Depreciation and Emerging Market Corporate Distress

Number of pages: 53 Posted: 12 Dec 2016 Last Revised: 20 Nov 2017
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 291 (111,704)
Citation 3

Abstract:

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emerging market corporate debt, currency mismatch, liability dollarization, global financial conditions

Currency Depreciation and Emerging Market Corporate Distress

BIS Working Paper No. 753
Number of pages: 53 Posted: 07 Jan 2019
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 45 (441,955)

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emerging market corporate debt, currency mismatch, liability dollarization, global financial conditions

Currency Depreciation and Emerging Market Corporate Distress

CEPR Discussion Paper No. DP13298
Number of pages: 53 Posted: 05 Nov 2018
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
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currency mismatch, emerging market corporate debt, global financial conditions, liability dollarization

10.
Downloads 251 (131,160)

The Financialization of Food?

Number of pages: 50 Posted: 17 Mar 2015 Last Revised: 10 Feb 2016
Valentina Bruno, Bahattin Buyuksahin and Michel A. Robe
American University - Department of Finance and Real Estate, CoMeX Consulting and Advising and University of Illinois at Urbana-Champaign
Downloads 251 (130,583)
Citation 7

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Financialization, Fundamentals, Grains, Livestock, Equities, Co-movements, ADCC, Structural VAR

The Financialization of Food?

American Journal of Agricultural Economics 99 (1): 243-264, January 2017
Posted: 22 Oct 2016 Last Revised: 20 Sep 2017
Valentina Bruno, Bahattin Buyuksahin and Michel A. Robe
American University - Department of Finance and Real Estate, CoMeX Consulting and Advising and University of Illinois at Urbana-Champaign

Abstract:

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Financialization, Fundamentals, Grains, Livestock, Equities

11.

Corporate Governance and Ownership: Evidence from a Non-Mandatory Regulation

Number of pages: 42 Posted: 04 Sep 2012 Last Revised: 24 Jul 2014
Sridhar Arcot and Valentina Bruno
ESSEC Business School - Finance Department and American University - Department of Finance and Real Estate
Downloads 214 (153,156)
Citation 2

Abstract:

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corporate governance, dominant shareholders, code of best practice

12.

The Relation between Excess Audit Fees and Credit Ratings

Number of pages: 57 Posted: 01 Jul 2016 Last Revised: 29 Nov 2016
American University - Department of Finance and Real Estate, Pennsylvania State University - Department of Finance and Bentley University
Downloads 162 (196,715)

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Audit Fees, Credit Ratings, Economic Bonding, Information Intermediary

13.

Comparative Assessment of Macroprudential Policies

BIS Working Paper No. 502
Number of pages: 56 Posted: 12 Jun 2015
Valentina Bruno, Ilhyock Shim and Hyun Song Shin
American University - Department of Finance and Real Estate, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 117 (254,565)
Citation 18

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macroprudential policy, capital flow management policy, interest rate policy, complementarity, Asia-Pacific

Capital Flows and the Risk-Taking Channel of Monetary Policy

BIS Working Paper No. 400
Number of pages: 43 Posted: 12 Apr 2013 Last Revised: 10 May 2014
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 100 (285,988)
Citation 17

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Capital flows, exchange rate appreciation, credit booms

Capital Flows and the Risk-Taking Channel of Monetary Policy

NBER Working Paper No. w18942
Number of pages: 46 Posted: 05 Apr 2013
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 13 (626,493)
Citation 44

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15.

Cross-Border Banking and Global Liquidity

BIS Working Paper No. 458
Number of pages: 47 Posted: 12 Sep 2014
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 101 (282,255)
Citation 48

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cross-border banking flows, bank leverage, global banks

16.

Effectiveness of Macroprudential and Capital Flow Measures in Asia and the Pacific

BIS Paper No. 82k
Number of pages: 8 Posted: 19 Oct 2015
Valentina Bruno, Ilhyock Shim and Hyun Song Shin
American University - Department of Finance and Real Estate, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 69 (355,135)

Abstract:

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banking inflow, bond inflow, domestic macroprudential measure, capital flow measure

Incorporating Uncertainty Into USDA Commodity Price Forecasts

Number of pages: 37 Posted: 07 Jul 2019
Michael Adjemian, Valentina Bruno and Michel A. Robe
University of Georgia - Department of Agricultural & Applied Economics, American University - Department of Finance and Real Estate and University of Illinois at Urbana-Champaign
Downloads 53 (411,173)

Abstract:

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USDA, forecasting, derivatives markets, option-implied volatility, WASDE, situation and outlook, grains and oilseeds

Incorporating Uncertainty into USDA Commodity Price Forecasts

American Journal of Agricultural Economics, Forthcoming
Posted: 06 Dec 2019
Michael Adjemian, Valentina Bruno and Michel A. Robe
University of Georgia - Department of Agricultural & Applied Economics, American University - Department of Finance and Real Estate and University of Illinois at Urbana-Champaign

Abstract:

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USDA, forecasting, derivatives markets, option-implied volatility, situation and outlook, WASDE, grains

18.

Exchange Rates and the Working Capital Channel of Trade Fluctuations

BIS Working Paper No. 694
Number of pages: 9 Posted: 31 Jan 2018
Valentina Bruno, Se-Jik Kim and Hyun Song Shin
American University - Department of Finance and Real Estate, Seoul National University - School of Economics and Bank for International Settlements (BIS)
Downloads 51 (411,453)
Citation 10

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global value chains, dollar invoicing, global liquidity

19.

Dollar Exchange Rate as a Credit Supply Factor – Evidence from Firm-Level Exports

BIS Working Paper No. 819
Number of pages: 53 Posted: 12 Nov 2019
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 45 (433,651)
Citation 1

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global factors, risk taking channel, non-core bank funding, working capital, global value chains

20.

Assessing Macroprudential Policies: Case of Korea

NBER Working Paper No. w19084
Number of pages: 37 Posted: 31 May 2013
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 16 (582,935)

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21.

Dollar and Exports

Number of pages: 57 Posted: 06 May 2020
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 14 (596,079)

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22.

Assessing Macroprudential Policies: Case of South Korea

The Scandinavian Journal of Economics, Vol. 116, Issue 1, pp. 128-157, 2014
Number of pages: 30 Posted: 31 Dec 2013
Valentina Bruno and Hyun Song Shin
American University - Department of Finance and Real Estate and Bank for International Settlements (BIS)
Downloads 1 (694,025)
Citation 1
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Capital flows, credit booms, macroprudential policy