Maria Grazia ROMANO | Curriculum
Maria Grazia ROMANO Curriculum
MARIA GRAZIA ROMANO
Curriculum Vitae
January 2025
ADDRESS
Dipartimento di Scienze Economiche e Statistiche
Università di Salerno, Via Giovanni Paolo II, 132 - 84084 Fisciano (SA)
Ph: (+39) 089 963165; Fax: (+39) 089 963169
E-mail: maromano@unisa.it
CURRENT POSITION
2008-
Università di Salerno, Italy
Associate Professor
2024-
CSEF (Università di Salerno, Italy)
Research Fellow
RESEARCH INTERESTS
-Behavioural Finance
-Market Microstructure
-Financial Economics
-Microeconomic Theory
-Economics of Information and Contract Theory
EDUCATION
2005
Università di Napoli Federico II (Italy)
Ph.D. in Mathematics for Economic Analysis and Finance
- Thesis title: “Informational Cascades in Capital Markets with Trading Frictions”
- Supervisor: Prof. Marco Pagano
-External members of the Committee: Prof. Alberto Bennardo, Prof. David Martimort, Prof. Pietro Reichlin
2002
Université Toulouse I (France)
Master Degree in Financial Markets and Intermediaries
2000
Università di Napoli Federico II (Italy)
Master Degree in Economics and Finance
1999
Università di Napoli Federico II (Italy)
BA in Economics cum laude
SUMMER SCHOOLS AND WORKSHOPS
2003
Universita` di Napoli “Federico II” (Italy)
5th International Workshop: Foundations and Developments of Mathematics for Economics
2002
Università di Napoli Federico II (Italy)
4th International Workshop: Foundations and Developments of Mathematics for Economics
2000
CIDE, Università di Bologna (Italy)
Residential Course in Econometrics
REFEREES
-Review of Finance
-Decisions in Economics and Finance
-Journal of Business Finance and Accounting
-Southern Economic Journal
- Journal of Industrial and Business Economics
PUBLICATIONS
Giudice, V., Iannaccone, T., Faiella, F., Ferrara, F., Aversano, G., Coppola, S., De Chiara, E., Romano, M. G., Conti, V., Filippelli, A (2022). Gender Differences in the Impact of COVID-19 Pandemic on Mental Health of Italian Academic Workers. JOURNAL OF PERSONALIZED MEDICINE, vol. 12, p. 613-613.
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2021). Education, Taxation, and the Perceived Effects of Sin Good Consumption. INTERNATIONAL TAX AND PUBLIC FINANCE, p.1-36.
Bimonte Giovanna, Maria Grazia Romano, Maria Russolillo (2021). Green Innovation and Competition: R&D incentives in Circular Economy. GAMES, vol. 12, p. 1-13.
Romano Maria Grazia (2021). R&D incentives and competitive pressure under hidden information. SOUTHERN ECONOMIC JOURNAL, vol. 88(11), p. 56-78, ISSN: 0038-4038.
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2020). Taxing and Regulating Vice. SCANDINAVIAN JOURNAL OF ECONOMICS, vol.122 (2), p.6222-647.
Frino Alex, Vito Mollica, Maria Grazia Romano, Zeyang Zhou (2017). Asymmetry in the Permanent Price Impact of Block Purchases and Sales: Theory and Empirical Evidence. JOURNAL OF FUTURES MARKETS, vol. 37, p. 359-373, ISSN: 0270-7314, doi: 10.1002/fut.21822
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano. (2015). Contracts with Wishful Thinkers. JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY, vol. 24, p. 863-886, ISSN: 1530-9134, doi: 10.1111/jems.12113
Frino Alex, Vito Mollica, Maria Grazia Romano (2013). Transaction fees and trading strategies in financial markets. STUDI ECONOMICI, vol. 111/2013, p. 25-49, ISSN: 0039-2928, doi: 10.3280/STE2013-111002
Giovanni Immordino, Anna Maria C. Menichini, Maria Grazia Romano (2011). A simple impossibility result in behavioral contract theory. ECONOMICS LETTERS, vol. 113, p. 307-309, ISSN: 0165-1765, doi: 10.1016/j.econlet.2011.08.027
Romano Maria Grazia (2009). Informational Cascades in Financial Economics: A Review. GIORNALE DEGLI ECONOMISTI E ANNALI DI ECONOMIA, vol. 68, p. 81-109, ISSN: 0017-0097
Romano Maria Grazia (2007). Learning, Cascades and Transaction Costs. REVIEW OF FINANCE, vol. 11, p. 527-570, ISSN: 1572-3097
WORKING PAPERS
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2019) Education, taxation and the perceived effects of sin good consumption. CSEF Working paper n. 536, p. 1-31, Napoli: CSEF
Anna Maria C. Menichini, Maria Grazia Romano (2018) Does the eye of the master make the horse fat? Maintenance of collateral and asset care under purchase and leasing contracts. CSEF Working paper n. 520, p. 1-31, Napoli: CSEF
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2016). Taxing and Regulating Vices. CSEF Working paper n. 434, p. 1-31, Napoli: CSEF
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2015). Inefficient taxation of sin goods. CSEF Working paper n. 412, p. 1-10, Napoli: CSEF
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2012). Optimal compensation contracts for optimistic managers. p. 1-29, Salerno:DISES, Università di Salerno, ISBN: 9788861970571
WORK IN PROGRESS
“Herd Behaviour in Financial Markets with continuous investment decisions”, with Hamid Sabourian (Cambridge University)
“Asymmetry in the Permanent Price Impact of Block Purchases and Sales in Stock Markets”, with Alex Frino (University of Wollongong) and Vito Mollica (Macquarie University)
“Financial Instability and Product Market Competition”, with Giacinta Cestone (Cass Business School) and Salvatore Piccolo (Università Cattolica del Sacro Cuore)
“Endogenous Bargaining Power under Asymmetric Information”, with Salvatore Piccolo (Università Cattolica del Sacro Cuore)
MAIN CONFERENCES AND SEMINAR PRESENTATIONS
Annual Meeting of the Association of Southern European Economic Theorists (ASSET)
Marseille, 20-22 October 2022
International Conference on Culture, Institutions and Economic Development
Matera (Italy), 24-25 October 2019
Annual Meeting of the Association of Southern European Economic Theorists (ASSET)
Aix-en-Provence (Francia), 06 - 08 november 2014
Csef-Igier Symposium on Economics and Institutions,
Anacapri, 25 - 29 june 2012
Department of Economic Studies,
DSE Seminars, Università di Napoli “ Parthenope”, april 2012
Centre de Recherche SDFi,
CEREG Seminars - LEDa-SDFi, Université “Paris-Dauphine”, September 2010
First Workshop ME@Velia,
Ascea, 8 – 12 June 2010
Department of Economic Studies,
DSE Seminars, Università di Napoli “ Parthenope”, February 2008
Università di Salerno,
CSEF Seminars, November 2007
XXX Convegno AMASES,
Trieste, 4 – 7 September 2007
Csef-Igier Symposium on Economics and Institutions,
Anacapri, 27 June – 1 July 2005
Xth Spring Meeting of Young Economists,
Geneva, 22 - 24 April 2005
Department of Mathematics and Statistics,
Mathematic and Finance Seminars Series, Università di Napoli “ Federico II”, May 2004
Università di Salerno
CSEF Seminars, February 2004
TEACHING
Università di Salerno: Economics of Banking (graduate level), Introduction to corporate finance: evaluation of investments (graduate level), Monetary and Financial Economics (graduate level), Asset Pricing (graduate level), Macroeconomics (undergraduate level), Monetary and Financial Economics (undergraduate level)
Università di Napoli Federico II: Theory of Finance (graduate level), Monetary Economics (graduate level), Introductory Mathematical Economics (graduate level, CER - Master in Concorrenza, Economia della Valutazione e della Regolamentazione), Introductory Mathematical Economics (graduate level, MEF - Master in Economics and Finance), Microeconomics (graduate level, MEF - Master in Economics and Finance), Finance (graduate level, MEF - Master in Economics and Finance).
Università di Napoli Parthenope: Microeconomics (graduate level)
Accademia Aerounatica di Pozzuoli: Part-time teacher, Mathematics (undergraduate level)
FELLOWSHIPS AND GRANTS
2004- 2008
Università di Salerno (Italy)
CSEF Research fellowship
1999-2003
Università di Napoli Federico II (Italy)
Doctoral fellowship
OTHER RELEVANT EXPERIENCES
2015
Programme Committee Member per CSEF-IGIER Symposium on Economics and Institutions (Anacapri)
2014
Programme Committee Member per CSEF-IGIER Symposium on Economics and Institutions (Anacapri )
2007
FMG (London School of Economics, UK)
Visiting Research
2005
FMG (London School of Economics, UK)
Postdoctoral Visiting Fellow
2004-2005
Master in Economics and Finance, Università di Napoli Federico II (Italy)
Students’ tutor
2000
Department of Theory and History of Public Economics (Italy)
Research assistant
Data collection and analysis for a research project on the mining industry in Campania (PRAE)
IT/Computing
Proficient use of programs Microsoft Word, Excel, PowerPoint, Outlook Express, Latex
Good knowledge of Gauss, Stata, Sas, Fortran, Mathematica
Curriculum Vitae
January 2025
ADDRESS
Dipartimento di Scienze Economiche e Statistiche
Università di Salerno, Via Giovanni Paolo II, 132 - 84084 Fisciano (SA)
Ph: (+39) 089 963165; Fax: (+39) 089 963169
E-mail: maromano@unisa.it
CURRENT POSITION
2008-
Università di Salerno, Italy
Associate Professor
2024-
CSEF (Università di Salerno, Italy)
Research Fellow
RESEARCH INTERESTS
-Behavioural Finance
-Market Microstructure
-Financial Economics
-Microeconomic Theory
-Economics of Information and Contract Theory
EDUCATION
2005
Università di Napoli Federico II (Italy)
Ph.D. in Mathematics for Economic Analysis and Finance
- Thesis title: “Informational Cascades in Capital Markets with Trading Frictions”
- Supervisor: Prof. Marco Pagano
-External members of the Committee: Prof. Alberto Bennardo, Prof. David Martimort, Prof. Pietro Reichlin
2002
Université Toulouse I (France)
Master Degree in Financial Markets and Intermediaries
2000
Università di Napoli Federico II (Italy)
Master Degree in Economics and Finance
1999
Università di Napoli Federico II (Italy)
BA in Economics cum laude
SUMMER SCHOOLS AND WORKSHOPS
2003
Universita` di Napoli “Federico II” (Italy)
5th International Workshop: Foundations and Developments of Mathematics for Economics
2002
Università di Napoli Federico II (Italy)
4th International Workshop: Foundations and Developments of Mathematics for Economics
2000
CIDE, Università di Bologna (Italy)
Residential Course in Econometrics
REFEREES
-Review of Finance
-Decisions in Economics and Finance
-Journal of Business Finance and Accounting
-Southern Economic Journal
- Journal of Industrial and Business Economics
PUBLICATIONS
Giudice, V., Iannaccone, T., Faiella, F., Ferrara, F., Aversano, G., Coppola, S., De Chiara, E., Romano, M. G., Conti, V., Filippelli, A (2022). Gender Differences in the Impact of COVID-19 Pandemic on Mental Health of Italian Academic Workers. JOURNAL OF PERSONALIZED MEDICINE, vol. 12, p. 613-613.
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2021). Education, Taxation, and the Perceived Effects of Sin Good Consumption. INTERNATIONAL TAX AND PUBLIC FINANCE, p.1-36.
Bimonte Giovanna, Maria Grazia Romano, Maria Russolillo (2021). Green Innovation and Competition: R&D incentives in Circular Economy. GAMES, vol. 12, p. 1-13.
Romano Maria Grazia (2021). R&D incentives and competitive pressure under hidden information. SOUTHERN ECONOMIC JOURNAL, vol. 88(11), p. 56-78, ISSN: 0038-4038.
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2020). Taxing and Regulating Vice. SCANDINAVIAN JOURNAL OF ECONOMICS, vol.122 (2), p.6222-647.
Frino Alex, Vito Mollica, Maria Grazia Romano, Zeyang Zhou (2017). Asymmetry in the Permanent Price Impact of Block Purchases and Sales: Theory and Empirical Evidence. JOURNAL OF FUTURES MARKETS, vol. 37, p. 359-373, ISSN: 0270-7314, doi: 10.1002/fut.21822
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano. (2015). Contracts with Wishful Thinkers. JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY, vol. 24, p. 863-886, ISSN: 1530-9134, doi: 10.1111/jems.12113
Frino Alex, Vito Mollica, Maria Grazia Romano (2013). Transaction fees and trading strategies in financial markets. STUDI ECONOMICI, vol. 111/2013, p. 25-49, ISSN: 0039-2928, doi: 10.3280/STE2013-111002
Giovanni Immordino, Anna Maria C. Menichini, Maria Grazia Romano (2011). A simple impossibility result in behavioral contract theory. ECONOMICS LETTERS, vol. 113, p. 307-309, ISSN: 0165-1765, doi: 10.1016/j.econlet.2011.08.027
Romano Maria Grazia (2009). Informational Cascades in Financial Economics: A Review. GIORNALE DEGLI ECONOMISTI E ANNALI DI ECONOMIA, vol. 68, p. 81-109, ISSN: 0017-0097
Romano Maria Grazia (2007). Learning, Cascades and Transaction Costs. REVIEW OF FINANCE, vol. 11, p. 527-570, ISSN: 1572-3097
WORKING PAPERS
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2019) Education, taxation and the perceived effects of sin good consumption. CSEF Working paper n. 536, p. 1-31, Napoli: CSEF
Anna Maria C. Menichini, Maria Grazia Romano (2018) Does the eye of the master make the horse fat? Maintenance of collateral and asset care under purchase and leasing contracts. CSEF Working paper n. 520, p. 1-31, Napoli: CSEF
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2016). Taxing and Regulating Vices. CSEF Working paper n. 434, p. 1-31, Napoli: CSEF
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2015). Inefficient taxation of sin goods. CSEF Working paper n. 412, p. 1-10, Napoli: CSEF
Immordino Giovanni, Anna Maria C. Menichini, Maria Grazia Romano (2012). Optimal compensation contracts for optimistic managers. p. 1-29, Salerno:DISES, Università di Salerno, ISBN: 9788861970571
WORK IN PROGRESS
“Herd Behaviour in Financial Markets with continuous investment decisions”, with Hamid Sabourian (Cambridge University)
“Asymmetry in the Permanent Price Impact of Block Purchases and Sales in Stock Markets”, with Alex Frino (University of Wollongong) and Vito Mollica (Macquarie University)
“Financial Instability and Product Market Competition”, with Giacinta Cestone (Cass Business School) and Salvatore Piccolo (Università Cattolica del Sacro Cuore)
“Endogenous Bargaining Power under Asymmetric Information”, with Salvatore Piccolo (Università Cattolica del Sacro Cuore)
MAIN CONFERENCES AND SEMINAR PRESENTATIONS
Annual Meeting of the Association of Southern European Economic Theorists (ASSET)
Marseille, 20-22 October 2022
International Conference on Culture, Institutions and Economic Development
Matera (Italy), 24-25 October 2019
Annual Meeting of the Association of Southern European Economic Theorists (ASSET)
Aix-en-Provence (Francia), 06 - 08 november 2014
Csef-Igier Symposium on Economics and Institutions,
Anacapri, 25 - 29 june 2012
Department of Economic Studies,
DSE Seminars, Università di Napoli “ Parthenope”, april 2012
Centre de Recherche SDFi,
CEREG Seminars - LEDa-SDFi, Université “Paris-Dauphine”, September 2010
First Workshop ME@Velia,
Ascea, 8 – 12 June 2010
Department of Economic Studies,
DSE Seminars, Università di Napoli “ Parthenope”, February 2008
Università di Salerno,
CSEF Seminars, November 2007
XXX Convegno AMASES,
Trieste, 4 – 7 September 2007
Csef-Igier Symposium on Economics and Institutions,
Anacapri, 27 June – 1 July 2005
Xth Spring Meeting of Young Economists,
Geneva, 22 - 24 April 2005
Department of Mathematics and Statistics,
Mathematic and Finance Seminars Series, Università di Napoli “ Federico II”, May 2004
Università di Salerno
CSEF Seminars, February 2004
TEACHING
Università di Salerno: Economics of Banking (graduate level), Introduction to corporate finance: evaluation of investments (graduate level), Monetary and Financial Economics (graduate level), Asset Pricing (graduate level), Macroeconomics (undergraduate level), Monetary and Financial Economics (undergraduate level)
Università di Napoli Federico II: Theory of Finance (graduate level), Monetary Economics (graduate level), Introductory Mathematical Economics (graduate level, CER - Master in Concorrenza, Economia della Valutazione e della Regolamentazione), Introductory Mathematical Economics (graduate level, MEF - Master in Economics and Finance), Microeconomics (graduate level, MEF - Master in Economics and Finance), Finance (graduate level, MEF - Master in Economics and Finance).
Università di Napoli Parthenope: Microeconomics (graduate level)
Accademia Aerounatica di Pozzuoli: Part-time teacher, Mathematics (undergraduate level)
FELLOWSHIPS AND GRANTS
2004- 2008
Università di Salerno (Italy)
CSEF Research fellowship
1999-2003
Università di Napoli Federico II (Italy)
Doctoral fellowship
OTHER RELEVANT EXPERIENCES
2015
Programme Committee Member per CSEF-IGIER Symposium on Economics and Institutions (Anacapri)
2014
Programme Committee Member per CSEF-IGIER Symposium on Economics and Institutions (Anacapri )
2007
FMG (London School of Economics, UK)
Visiting Research
2005
FMG (London School of Economics, UK)
Postdoctoral Visiting Fellow
2004-2005
Master in Economics and Finance, Università di Napoli Federico II (Italy)
Students’ tutor
2000
Department of Theory and History of Public Economics (Italy)
Research assistant
Data collection and analysis for a research project on the mining industry in Campania (PRAE)
IT/Computing
Proficient use of programs Microsoft Word, Excel, PowerPoint, Outlook Express, Latex
Good knowledge of Gauss, Stata, Sas, Fortran, Mathematica
