Universidad Carlos III de Madrid - UC3M

Research interests

• International banking in the 20th century.
• The political economy of financial repression and liberalization: Western Europe and Latin America, 1950-2000.
• The development of capital markets in the 20th century: Spain and Western Europe in comparative perspective.
• Business cycles and economic policy in Western Europe, 1945-2005.

Current research projects

Nuevas Interpretaciones sobre la integración económica de Las periferias europeas y latinoamericanas entre 1850-1950
Principal Investigator: Antonio Tena Junguito.
Funded by the Ministry of Education. 2008-2011.

“Bolsa y banca en Madrid y Bilbao: Integración y crisis en los mercados financieros españoles, 1874-1936” (Comunidad de Madrid, 06/HSE/0140/2004)
Plazo de ejecución: 2005-12
Main researcher: Stefan Houpt (UC3M)

International Projects

Chair, GLOBALEURONET – Globalizing Europe Economic History Network , a Research Networking Programme of the European Science Foundation (Programme’s Web Site).

Teaching

3rd Economcs - The process of European Economic Integration

Master in Economic Development and Growth - Financial Systems in Developing Countries

Relevant/Recent publications

• 2008 - ‘Did governance fail universal banks? Moral hazard, risk taking and banking crises in interwar Italy’, Economic History Review (forthcoming)
• 2006 - ‘The determinants of multinational banking during the first globalization, 1880-1914’, European Review of Economic History, v. 10, n. 3
• 2002 – Le rivoluzioni industriali (Roma, Carocci)
• 2002 - ‘Introduction. The American challenge in historical perspective’, and ‘Banking with multinationals. British clearing banks and the Euromarket challenge, 1958-74’, in S. Battilossi and Y. Cassis (eds.), European Banks and the American Challenge. Competition and Co-operation in International Banking under Bretton Woods (Oxford: Oxford University Press, 2002).
• 2000 - ‘Financial innovation and the golden ages of international banking, 1890-1931 and 1958-81’, Financial History Review, 7 141-75.
• 1999 - Storia economica d’Italia-Annali 1797-1998, vol. 2, Storia Economica d’Italia (a cura di P. Ciocca e G. Toniolo) (Roma: Laterza)
• 1996 - L’Italia nel Sistema Economico Internazionale. Industria, Finanza, Istituzioni, 1945-55 (Milano: Angeli)

Working Papers and Proceedings

• "The Eurodollar Market. Financial innovation, competition and regulation in international banking, 1955-1974". Manuscript in progress.