Professor Mario Pascoa

Biography

Mario R. Pascoa graduated from the Technical University of Lisbon in 1981 and received a Ph.D. in Economics from UCLA in 1986. He was assistant professor at the University of Pennsylvania, from 1986 till 1992. Afterwards and until coming to Surrey in 2012 he worked at Nova School of Business and Economics in Lisbon. Mario has been a visiting professor at IMPA (Rio de Janeiro) and Universidad Carlos III (Madrid) on many occasions. He is on the editorial board of Economic Theory and is an Economic Theory Fellow.

Research Interests

Mario's main research interests are in general equilibrium theory, incomplete markets, default and collateral, infinite horizon equilibrium, bubbles and repo markets.

Publications

Current Publications

• Security Markets Theory : Possession, Repo and Re-Hypothecation (with J.M. Bottazzi and J. Luque), Journal of Economic Theory, in press, available on line 8 March 2011.
• Long Lived Collateralized Assets and Bubbles (with A. Araujo and J.P. Torres-Martinez), Journal of Mathematical Economics, in press, available on line 3 March 2011
• General Equilibrium, Wariness and Bubbles (with A. Araujo and R. Novinski), Journal of Economic Theory, 2011, Vol. 146, pp.785-811.
• Fiat Money and the Value of Binding Portfolio Constraints (with M. Petrassi and J. P. Torres-Martinez), Economic Theory, 2011, Vol. 46, pp.189-209.
• Harsh Default Penalties Lead to Ponzi Schemes (with A. Seghir), Games and Economic Behavior, 2009, Vol. 65, pp.270-286.

View more publications up to 2007