Author Page for Mariano (Max) Massimiliano Croce

1.

Long-Run Productivity Risk: A New Hope for Production-Based Asset Pricing?

Journal of Monetary Economics 2014

Number of pages: 45 Posted: 18 Mar 2008 Last Revised: 10 Mar 2017

Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School

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Citation 23

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2.

Risks for the Long-Run and the Real Exchange Rate

Journal of Political Economy, Vol. 119, No. 1, 2011

Number of pages: 34 Posted: 14 Mar 2008 Last Revised: 03 Oct 2012

Ric Colacito and Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School and University of North Carolina Kenan-Flagler Business School

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Citation 38

Abstract:

3.

International Asset Pricing with Recursive Preferences

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Citation 3

2

International Asset Pricing with Recursive Preferences

Journal of Finance, Volume 68, Issue 6, December 2013

Number of pages: 53 Posted: 23 Jul 2010 Last Revised: 10 Mar 2017

Ric Colacito and Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School and University of North Carolina Kenan-Flagler Business School

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Citation 3

Abstract:

International Asset Pricing with Recursive Preferences

Journal of Finance, 2013, AFA 2013 San Diego Meetings Paper

Number of pages: 53 Posted: 14 Mar 2012 Last Revised: 10 Mar 2017

Ric Colacito and Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School and University of North Carolina Kenan-Flagler Business School

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Citation 3

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4.

Fiscal Policies and Asset Prices

Review of Financial Studies, 2012

Number of pages: 47 Posted: 15 Jun 2011 Last Revised: 10 Mar 2017

Mariano (Max) Massimiliano Croce, Howard Kung, Thien Tung Nguyen and Lukas Schmid

University of North Carolina Kenan-Flagler Business School, London Business School, Ohio State University (OSU) - Department of Finance and Duke University - The Fuqua School of Business

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Citation 9

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5.

Toward a Quantitative General Equilibrium Asset Pricing Model with Intangible Capital

Review of Financial Studies 26 (2): 491-530, 2013, DOI: doi.org/10.1093/rfs/hhs121

Number of pages: 61 Posted: 15 Mar 2010 Last Revised: 10 Mar 2017

Hengjie Ai, Mariano (Max) Massimiliano Croce and Kai Li

University of Minnesota - Twin Cities - Carlson School of Management, University of North Carolina Kenan-Flagler Business School and Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management

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Citation 9

Abstract:

6.

BKK the EZ Way: International Long-Run Growth News and Capital Flows

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2

BKK the EZ Way: International Long-Run Growth News and Capital Flows

Number of pages: 75 Posted: 18 Nov 2012 Last Revised: 10 Mar 2017

Ric Colacito, Mariano (Max) Massimiliano Croce, Steven Wei Ho and Philip Howard

University of North Carolina Kenan-Flagler Business School, University of North Carolina Kenan-Flagler Business School, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Wake Forest University - School of Business

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Abstract:

BKK the EZ Way. International Long-Run Growth News and Capital Flows

CEPR Discussion Paper No. DP12783

Number of pages: 82 Posted: 13 Mar 2018

Ric Colacito, Mariano (Max) Massimiliano Croce, Steven Wei Ho and Philip Howard

University of North Carolina Kenan-Flagler Business School, University of North Carolina Kenan-Flagler Business School, Columbia University, Graduate School of Arts and Sciences, Department of Economics and Wake Forest University - School of Business

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7.

News Shocks and the Production-Based Term Structure of Equity Returns

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3

News Shocks and the Production-Based Term Structure of Equity Returns

Number of pages: 67 Posted: 18 Nov 2012 Last Revised: 05 Sep 2017

Hengjie Ai, Mariano (Max) Massimiliano Croce, Anthony M. Diercks and Kai Li

University of Minnesota - Twin Cities - Carlson School of Management, University of North Carolina Kenan-Flagler Business School, Board of Governors of the Federal Reserve System: Monetary and Financial Market Analysis and Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management

Downloads 665 (33,598)

Abstract:

Production-Based Term Structure of Equity Returns

UNC Kenan-Flagler Research Paper No. 2336099

Number of pages: 42 Posted: 09 Oct 2013

Mariano (Max) Massimiliano Croce, Hengjie Ai, Anthony M. Diercks and Kai Li

University of North Carolina Kenan-Flagler Business School, University of Minnesota - Twin Cities - Carlson School of Management, Board of Governors of the Federal Reserve System: Monetary and Financial Market Analysis and Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management

Downloads 77 (285,895)

Abstract:

News Shocks and the Production-Based Term Structure of Equity Returns

CEPR Discussion Paper No. DP12661

Number of pages: 70 Posted: 05 Feb 2018

Hengjie Ai, Mariano (Max) Massimiliano Croce, Anthony Diercks and Kai Li

University of Minnesota - Twin Cities - Carlson School of Management, University of North Carolina Kenan-Flagler Business School, Board of Governors of the Federal Reserve System and Hong Kong University of Science & Technology (HKUST) - HKUST School of Business and Management

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8.

Fiscal Policy and the Distribution of Consumption Risk

Number of pages: 49 Posted: 29 Jun 2011 Last Revised: 18 Oct 2013

Mariano (Max) Massimiliano Croce, Thien Tung Nguyen and Lukas Schmid

University of North Carolina Kenan-Flagler Business School, Ohio State University (OSU) - Department of Finance and Duke University - The Fuqua School of Business

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Citation 5

Abstract:

9.

The Market Price of Fiscal Uncertainty

Carnegie-Rochester Conference Series on Public Policy, JME 2012

Number of pages: 41 Posted: 01 Nov 2011 Last Revised: 10 Mar 2017

Mariano (Max) Massimiliano Croce, Thien Tung Nguyen and Lukas Schmid

University of North Carolina Kenan-Flagler Business School, Ohio State University (OSU) - Department of Finance and Duke University - The Fuqua School of Business

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Citation 7

Abstract:

10.

Government Debt and the Returns to Innovation

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2

Government Debt and the Returns to Innovation

Journal of Financial Economics (JFE), Forthcoming, Fisher College of Business Working Paper No. 2016-03-10, Charles A. Dice Center Working Paper No. 2016-10

Number of pages: 79 Posted: 24 May 2016 Last Revised: 19 Sep 2017

Mariano (Max) Massimiliano Croce, Thien Tung Nguyen, Steve Raymond and Lukas Schmid

University of North Carolina Kenan-Flagler Business School, Ohio State University (OSU) - Department of Finance, University of North Carolina (UNC) at Chapel Hill - Department of Economics and Duke University - The Fuqua School of Business

Downloads 413 (61,949)

Abstract:

Government Debt and the Returns to Innovation

CEPR Discussion Paper No. DP12617

Number of pages: 81 Posted: 22 Jan 2018

Mariano (Max) Massimiliano Croce, Thien Tung Nguyen, Steve Raymond and Lukas Schmid

University of North Carolina Kenan-Flagler Business School, Ohio State University (OSU) - Department of Finance, University of North Carolina (UNC) at Chapel Hill - Department of Economics and Duke University - The Fuqua School of Business

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11.

The Leading Premium

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2

The Leading Premium

Number of pages: 49 Posted: 20 Nov 2015 Last Revised: 12 Dec 2017

Mariano (Max) Massimiliano Croce, Tatyana Marchuk and Christian Schlag

University of North Carolina Kenan-Flagler Business School, BI Norwegian Business School and Goethe University Frankfurt - Research Center SAFE

Downloads 337 (78,841)

Abstract:

The Leading Premium

CEPR Discussion Paper No. DP12631

Number of pages: 52 Posted: 29 Jan 2018

Mariano (Max) Massimiliano Croce, Tatyana Marchuk and Christian Schlag

University of North Carolina Kenan-Flagler Business School, BI Norwegian Business School and Goethe University Frankfurt - Research Center SAFE

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12.

International Asset Pricing with Risk-Sensitive Agents

Number of pages: 41 Posted: 05 Feb 2010 Last Revised: 03 Oct 2012

Ric Colacito and Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School and University of North Carolina Kenan-Flagler Business School

Downloads 316 (82,192)

Citation 1

Abstract:

13.

The Short- and Long-Run Benefits of Financial Integration

American Economic Review, Papers and Proceedings, May 2010

Number of pages: 5 Posted: 04 Feb 2010

Ric Colacito and Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School and University of North Carolina Kenan-Flagler Business School

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Citation 3

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14.

Investor Information, Long-Run Risk, and the Duration of Risky Cash Flows

Downloads 233 (118,084)

Citation 31

3

Investor Information, Long-Run Risk, and the Duration of Risky Cash Flows

AFA 2008 New Orleans Meetings, AFA 2009 San Francisco Meetings Paper

Number of pages: 59 Posted: 26 Feb 2007

Mariano (Max) Massimiliano Croce, Martin Lettau and Sydney C. Ludvigson

University of North Carolina Kenan-Flagler Business School, University of California - Haas School of Business and New York University - Department of Economics

Downloads 129 (200,273)

Citation 31

Abstract:

Investor Information, Long-Run Risk, and the Duration of Risky Cash Flows

Review of Financial Studies, 2015, NYU Working Paper No. FIN-06-011

Number of pages: 58 Posted: 03 Nov 2008 Last Revised: 10 Mar 2017

Mariano (Max) Massimiliano Croce, Martin Lettau and Sydney C. Ludvigson

University of North Carolina Kenan-Flagler Business School, University of California - Haas School of Business and New York University - Department of Economics

Downloads 64 (317,503)

Citation 30

Abstract:

Investor Information, Long-Run Risk, and the Term Structure of Equity

NBER Working Paper No. w12912

Number of pages: 57 Posted: 17 Feb 2007 Last Revised: 03 Oct 2012

Mariano (Max) Massimiliano Croce, Martin Lettau and Sydney C. Ludvigson

University of North Carolina Kenan-Flagler Business School, University of California - Haas School of Business and New York University - Department of Economics

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Citation 31

Abstract:

15.

Recursive Allocations and Wealth Distribution with Multiple Goods: Existence, Survivorship, and Dynamics

Number of pages: 62 Posted: 23 Jul 2010 Last Revised: 03 Apr 2018

Ric Colacito, Mariano (Max) Massimiliano Croce and Zhao Liu

University of North Carolina Kenan-Flagler Business School, University of North Carolina Kenan-Flagler Business School and Duke University, Department of Economics, Students

Downloads 218 (77,795)

Citation 1

Abstract:

16.

International Robust Disagreement

American Economic Review, Vol. 102, No. 2, May 2012

Number of pages: 5 Posted: 14 Jan 2012

Ric Colacito and Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School and University of North Carolina Kenan-Flagler Business School

Downloads 181 (118,084)

Citation 3

Abstract:

17.

Currency Risk Factors in a Recursive Multi-Country Economy

Journal of Finance, Forthcoming, Simon Business School Working Paper No. FR 15-10, INSEAD Working Paper No. 2015/40/FIN

Number of pages: 77 Posted: 24 Dec 2014 Last Revised: 05 Dec 2017

Ric Colacito, Mariano (Max) Massimiliano Croce, Federico Gavazzoni and Robert C. Ready

University of North Carolina Kenan-Flagler Business School, University of North Carolina Kenan-Flagler Business School, INSEAD and University of Oregon - Department of Finance

Downloads 168 (42,100)

Abstract:

18.

Welfare Costs in the Long Run

UNC Kenan-Flagler Research Paper No. 2013-3

Number of pages: 29 Posted: 18 May 2012 Last Revised: 12 Nov 2013

Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School

Downloads 138 (138,701)

Citation 1

Abstract:

19.

Risks for the Long Run and the Real Exchange Rate: Technical Appendix

Number of pages: 16 Posted: 14 Sep 2008

Ric Colacito and Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School and University of North Carolina Kenan-Flagler Business School

Downloads 123 (177,630)

Citation 35

Abstract:

20.

Global Entropy

Number of pages: 53 Posted: 16 Feb 2014 Last Revised: 11 Sep 2015

Mariano (Max) Massimiliano Croce, Thien Tung Nguyen and Lukas Schmid

University of North Carolina Kenan-Flagler Business School, Ohio State University (OSU) - Department of Finance and Duke University - The Fuqua School of Business

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Abstract:

21.

Currency Risk Factors in a Recursive Multicountry Economy

CEPR Discussion Paper No. DP12610

Number of pages: 79 Posted: 22 Jan 2018

Ric Colacito, Mariano (Max) Massimiliano Croce, Federico Gavazzoni and Robert Ready

University of North Carolina Kenan-Flagler Business School, University of North Carolina Kenan-Flagler Business School, INSEAD and University of Rochester

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22.

A Tax Plan for Endogenous Innovation

Number of pages: 44 Posted: 14 Apr 2017

Mariano (Max) Massimiliano Croce, Anastasios G. Karantounias, Steve Raymond and Lukas Schmid

University of North Carolina Kenan-Flagler Business School, Federal Reserve Banks - Federal Reserve Bank of Atlanta, University of North Carolina (UNC) at Chapel Hill - Department of Economics and Duke University - The Fuqua School of Business

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Abstract:

23.

Uncertainty-Induced Reallocations and Growth

Number of pages: 57 Posted: 18 Nov 2016 Last Revised: 05 Dec 2017

Ravi Bansal, Mariano (Max) Massimiliano Croce, Wenxi Liao and Samuel Rosen

Duke University and NBER, University of North Carolina Kenan-Flagler Business School, Fuqua School of Business, Duke University and University of North Carolina, Kenan-Flagler Business School

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Abstract:

24.

Volatility Risk Pass-Through

Number of pages: 50 Posted: 27 Nov 2015 Last Revised: 02 Apr 2018

Ric Colacito, Mariano (Max) Massimiliano Croce, Yang Liu and Ivan Shaliastovich

University of North Carolina Kenan-Flagler Business School, University of North Carolina Kenan-Flagler Business School, The University of Hong Kong - Faculty of Business and Economics and University of Wisconsin - Madison

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Mariano (Max) Massimiliano Croce

University of North Carolina Kenan-Flagler Business School

Associate Professor of Finance

Centre for Economic Policy Research (CEPR)

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Scholarly Papers (24)

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BKK the EZ Way. International Long-Run Growth News and Capital Flows

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News Shocks and the Production-Based Term Structure of Equity Returns

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Government Debt and the Returns to Innovation

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The Leading Premium

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Currency Risk Factors in a Recursive Multicountry Economy

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