Francesco Sangiorgi
Professor of Finance • Professor
Professor of Finance
Francesco Sangiorgi is Professor of Finance at the Frankfurt School of Finance & Management. He was previously an Associate Professor of Finance (with tenure) at the Stockholm School of Economics and held the same position at the Frankfurt School prior to his current role. He completed his Ph.D. in Economics at Universitat Pompeu Fabra in Barcelona and obtained an undergraduate degree in Economics from LUISS University in Rome.
His research primarily focuses on the economics of information as it applies to financial markets, covering asset pricing, market microstructure, and the dynamics between financial markets and corporate decision-making. His work has been published in leading journals in Economics, Finance, and Management, including the Review of Economic Studies, the Review of Financial Studies, the Journal of Financial Economics, and Management Science.
He has taught courses in financial economics, asset pricing, and investment management in Master of Science, Ph.D., and executive programs at institutions such as the Stockholm School of Economics, the London School of Economics, and HEC Paris. He has also held visiting positions at institutions including the Wharton School of the University of Pennsylvania, the London School of Economics, the Einaudi Institute for Economics and Finance, and HEC Paris.
His research primarily focuses on the economics of information as it applies to financial markets, covering asset pricing, market microstructure, and the dynamics between financial markets and corporate decision-making. His work has been published in leading journals in Economics, Finance, and Management, including the Review of Economic Studies, the Review of Financial Studies, the Journal of Financial Economics, and Management Science.
He has taught courses in financial economics, asset pricing, and investment management in Master of Science, Ph.D., and executive programs at institutions such as the Stockholm School of Economics, the London School of Economics, and HEC Paris. He has also held visiting positions at institutions including the Wharton School of the University of Pennsylvania, the London School of Economics, the Einaudi Institute for Economics and Finance, and HEC Paris.
- Finance department
- Professor
- Faculty
PUBLICATIONS
Dow, J., Han, J., Sangiorgi, F., 2024. The Short-Termism Trap: Catering to Informed Investors with Limited Horizons, with James Dow and Jungsuk Han. Journal of Financial Economics, Journal of Financial Economics Vol. 159(103884).
Dow, J., Han, J., Sangiorgi, F., 2021. Hysteresis in Price Efficiency and the Economics of Slow-Moving Capital, Review of Financial Studies Vol. 34(6), pp. 2857-2909.
Han, J., Sangiorgi, F., 2018. Searching for Information, Journal of Economic Theory Vol. 175, pp. 342-373.
Sangiorgi, F., Spatt, C., 2017. Opacity, Credit Rating Shopping, and Bias, Management Science Vol. 63(12), pp. 4016-4036.
Sangiorgi, F., Spatt, C., 2017. The Economics of Credit Rating Agencies, Foundations and Trends in Finance Vol. 12(1), pp. 1-116.
Mele, A., Sangiorgi, F., 2015. Uncertainty, Information Acquisition and Price Swings in Asset Markets, Review of Economic Studies Vol. 82(4), pp. 1533-1567.
Sangiorgi, F., 2014. Models of Credit Ratings Failures, Rivista di Politica Economica (1) pp. 7-29.
Garcia, D., Sangiorgi, F., 2011. Information Sales and Strategic Trading, Review of Financial Studies Vol. 24(9), pp. 3069-3104.
Garcia, D., Sangiorgi, F., Urosevic, B., 2007. Overconfidence and Market Efficiency with Heterogeneous Agents, Economic Theory Vol. 30(2), pp. 313-336.
Dow, J., Han, J., Sangiorgi, F., 2021. Hysteresis in Price Efficiency and the Economics of Slow-Moving Capital, Review of Financial Studies Vol. 34(6), pp. 2857-2909.
Han, J., Sangiorgi, F., 2018. Searching for Information, Journal of Economic Theory Vol. 175, pp. 342-373.
Sangiorgi, F., Spatt, C., 2017. Opacity, Credit Rating Shopping, and Bias, Management Science Vol. 63(12), pp. 4016-4036.
Sangiorgi, F., Spatt, C., 2017. The Economics of Credit Rating Agencies, Foundations and Trends in Finance Vol. 12(1), pp. 1-116.
Mele, A., Sangiorgi, F., 2015. Uncertainty, Information Acquisition and Price Swings in Asset Markets, Review of Economic Studies Vol. 82(4), pp. 1533-1567.
Sangiorgi, F., 2014. Models of Credit Ratings Failures, Rivista di Politica Economica (1) pp. 7-29.
Garcia, D., Sangiorgi, F., 2011. Information Sales and Strategic Trading, Review of Financial Studies Vol. 24(9), pp. 3069-3104.
Garcia, D., Sangiorgi, F., Urosevic, B., 2007. Overconfidence and Market Efficiency with Heterogeneous Agents, Economic Theory Vol. 30(2), pp. 313-336.
Sangiorgi, F., Santoro, S., 2006, Asset Pricing in New Keynesian Monetary Models, in: Giorgio Di Giorgio, Fabio Neri (eds): Monetary policy and institutions, Rom: LUISS Univ. Press, pp. 159-187.
Han, J., Sangiorgi, F., 2017. Competition for Informed Trading and Corporate Short-Termism.
Han, J., Sangiorgi, F., 2015. Searching for Information.
Sangiorgi, F., Sokobin, J., Spatt, C., 2009. Credit-Rating Shopping, Selection and the Equilibrium Structure of Ratings.
Han, J., Sangiorgi, F., 2015. Searching for Information.
Sangiorgi, F., Sokobin, J., Spatt, C., 2009. Credit-Rating Shopping, Selection and the Equilibrium Structure of Ratings.
OFFICE HOURS
During the lecture period
By appointment.
Room
3.10
OFFICE HOURS
During the lecture period
By appointment.
Room
3.10