Paolo Colla
Finance
Biography
Paolo Colla is Associate Professor of Finance at Bocconi University. He has published in the Journal of Corporate Finance, the Review of Financial Studies, and the Journal of Finance on the topics of asset pricing and corporate finance. He is also a member of the Group of Economic Adivsors (GEA) at the European Securities and Markets Authority (ESMA).
Paolo Colla holds a PhD in Finance from the London School of Economics and Political Science, an MSc in Economics and Finance from Universitat Pompeu Fabra, and a BSc in Economics from Bocconi University. He has been Visiting Assistant Professor at Princeton University-Bendheim Center for Finance (2010-11), and Postdoctoral Fellow at Université Catholique de Louvain-CORE (2004-05). He has taught asset pricing and market microstructure courses at Princeton University, University of Lugano, Universidade Tecnica de Lisboa, Universitat Pompeu Fabra, and IE Business School.
His research spans a variety of topics such as asymmetric information in financial markets and corporate financing decisions. He is currently involved in research projects on the pricing of contractual terms in sovereign bonds, the role of board connections in corporate financing decisions, and the interplay between market transparency and the disclosure of insider trades.
Latest publications
The Price of Cheeky Contracting
Law and Contemporary Problems, 2022, vol.85, no. 2, pp.99-126
The Price of Law: The Case of the Eurozone Collective Action Clauses
Review of Financial Studies, 2021, vol.34, no. 12, pp.5933–5976
Debt Structure
Annual Review of Financial Economics, 2020, vol.12, no. 1, pp.193-215
The puzzle of PDVSA bond prices
Capital Markets Law Journal, 2017, vol.12, no. 1, pp.66-77
Pricing contract terms in a crisis: Venezuelan bonds in 2016
Capital Markets Law Journal, 2016, vol.11, no. 4, pp.540-555
Technology adoption: Hysteresis and absence of lock-in
Economics Letters, 2016, vol.141, pp.107-111