{"id":5420,"date":"2025-03-22T11:08:38","date_gmt":"2025-03-22T10:08:38","guid":{"rendered":"https:\/\/indem.uc3m.es\/members\/jose-m-marin\/"},"modified":"2026-10-01T17:50:51","modified_gmt":"2026-10-01T15:50:51","slug":"jose-m-marin","status":"publish","type":"members","link":"https:\/\/indem.uc3m.es\/en\/members\/jose-m-marin\/","title":{"rendered":"Jos\u00e9 M. Mar\u00edn"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1140\" height=\"1140\" src=\"https:\/\/indem.uc3m.es\/wp-content\/uploads\/2025\/03\/perfil-jm-marin.png\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"mailto:josemaria.marin@uc3m.es\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\tEmail: josemaria.marin@uc3m.es<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n<p>\t\t\t\t\t\t\t\t\t\tAddress \/ office: C\/ Madrid, 126 &#8211; 28903 Getafe (Madrid) Spain \/ 6.0.48\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n<p>\t\t\t\t\t\t\t\t\t\tPhone \/ fax: (34) 91 624 93 07\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<p>\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\" tabindex=\"-1\" aria-label=\"BUSINESS UC3M\"><br \/>\n\t\t\t\t\t\t\t\t<\/a><\/p>\n<h3>\n\t\t\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\"><br \/>\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/h3>\n<p>\n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n<h2>Selected publications<\/h2>\n<p>Mar\u00edn, J.M. &amp; Golez, B.: \u201c<a href=\"http:\/\/https\/\/www.sciencedirect.com\/science\/article\/pii\/S0304405X1400230X\" target=\"_blank\" rel=\"noopener\">Price support by bank-affiliated mutual funds<\/a>\u201d, <i><b>Journal of Financial Economics<\/b><\/i>, vol. 115 (3), March 2015, 614-638.<\/p>\n<p>Mar\u00edn, J.M. &amp; Olivier, J.P.: \u201c<a href=\"https:\/\/www.jstor.org\/stable\/25094511?seq=1#metadata_info_tab_contents\" target=\"_blank\" rel=\"noopener\">The Dog that Did Not Bark: Inside Trading and Crashes<\/a>\u201d, <b><i>Journal of Finance<\/i><\/b>, vol. 63 (5), October 2008, 2429-2476.<\/p>\n<p>Mar\u00edn, J.M. &amp; Franzoni, F.: \u201c<a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/10.1111\/j.1540-6261.2006.00859.x\" target=\"_blank\" rel=\"noopener\">Pension Plan Funding and Market Efficiency<\/a>\u201d, <b><i>Journal of Finance<\/i><\/b>, vol. 61 (2), April 2006, 921-956<\/p>\n<p>\t\t\t\t\t\t\t\t\tBiograf\u00eda<\/p>\n<p style=\"font-weight: 500\">Jos\u00e9 Mar\u00eda Mar\u00edn is an Excellence Professor at the Universidad Carlos III de Madrid. He received the Extraordinary Degree Award from the University of Murcia and a PhD in Economics from the University of Pennsylvania. In the past, he held academic affiliations with the Universidad Pompeu Fabra (Professor of Financial Economics and Accounting), Wharton School (Fulbright Senior Visiting Scholar), New York University (MEC Visiting Scholar), and IMDEA Ciencias Sociales (research professor). He has been president of the Spanish Finance Association (AEFIN) and director of the Center for Research in Financial Economics (CREF). In the past, he was a member of the Group of Economic Advisors (GEA) of the European Securities and Markets Authority (ESMA) and of the Committee of Experts for the \u201cReform for the Sustainability of the Spanish Pension System\u201d, and is currently a member of the Advisory Council of the Independent Authority for Fiscal Responsibility (AIREF) and Director of the Doctoral Program in Business and Finance at the Universidad Carlos III de Madrid.     <\/p>\n<p style=\"font-weight: 500\">Professor Mar\u00edn has an extensive research record materialized in scientific articles published in internationally recognized journals such as the Journal of Finance, Journal of Financial Economics, Review of Economic Studies, Journal of Monetary Economics, Journal of Portfolio Management, etc. He has also written articles in books and is co-author of the book Econom\u00eda Financiera, a textbook widely used as a reference in undergraduate and postgraduate courses in different countries. His main areas of research are the valuation of financial assets, portfolio and risk management, the analysis of conflicts of interest in financial markets and in the banking sector, and the study of insider trading and stock market crashes. His research activity has received attention in the media and has had a considerable impact on the regulation of financial markets, serving as a reference in the legislation of the American pension system (Pension Protection Act 2006) and accounting rules (SFAS 158).   <\/p>\n<p style=\"font-weight: 500\">Professor Marin has also worked as a consultant and as an economic expert in legal proceedings (expert witness) for both private companies and public institutions such as: ENDESA, Banco Santander, Abengoa, BBVA, Vodafone, Uni\u00f3n Fenosa Gas, the European Investment Bank (EIB), the European Central Bank (ECB), etc. <\/p>\n<p>\t\t\t\t\t\t\t\t\tPublications<\/p>\n<p>Mar\u00edn, J.M. &amp; Golez, B.: \u201cPrice Support by Bank-Affiliated Mutual Funds\u201d, <i><b>Journal of Financial Economics<\/b><\/i>, vol. 115 (3), March 2015, 614-638.<\/p>\n<p>Mar\u00edn, J.M. &amp; Olivier, J.P.: \u201cThe Dog that Did Not Bark: Inside Trading and Clashes\u201d, <b><i>Journal of Finance<\/i><\/b>, vol. 63 (5), October 2008, 2429-2476.<\/p>\n<\/p>\n<p>Mar\u00edn, J.M. &amp; Franzoni, F.: \u201cPension Plan Funding and Market Efficiency\u201d, <b><i>Journal of Finance<\/i><\/b>, vol. 61 (2), April 2006, 921-956<\/p>\n<p>Mar\u00edn, J.M. &amp; Franzoni, F.: \u201cPortable Alphas from Pension Mispricing\u201d, <b><i>Journal of Portfolio Management<\/i><\/b>, vol. 32 (4), Summer 2006, 44-53.<\/p>\n<p>Mar\u00edn, J.M. &amp; Rahi, R.: \u201cInformation Revelation and Market Incompleteness\u201d, <b><i>Review of Economic Studies<\/i><\/b>, vol. 67 (3), July 2000, 563-579.<\/p>\n<p>Mar\u00edn, J.M. &amp; Fuente, \u00c1.: &#8220;Innovation, \u2018Bank\u2019 Monitoring and Endogenous Financial Development&#8221;, <b><i>Journal of Monetary Economics<\/i><\/b>, vol. 38 (2), October 1996, 269-301.<\/p>\n<p>Mar\u00edn, J.M. &amp; Rahi, R.: \u201cSpeculative Securities\u201d, <b><i>Economic Theory<\/i><\/b>, vol. 14 (3), 653-668, 1999.<\/p>\n<p>Mar\u00edn, J.M. &amp; Rubio, G. <b><i>Econom\u00eda Financiera<\/i><\/b>, Antoni Bosch Editor, 2001.<\/p>\n<p>Mar\u00edn, J.M. &amp; Olivier, J.P.: \u201cThe Dog that Did Not Bark: Inside Trading and Clashes\u201d, <b><i>Journal of Finance<\/i><\/b>, vol. 63 (5), October 2008, 2429-2476.<\/p>\n<p>Mar\u00edn, J.M. &amp; Franzoni, F.: \u201cPension Plan Funding and Market Efficiency\u201d, <b><i>Journal of Finance<\/i><\/b>, vol. 61 (2), April 2006, 921-956<\/p>\n<p>Mar\u00edn, J.M. &amp; Franzoni, F.: \u201cPortable Alphas from Pension Mispricing\u201d, <b><i>Journal of Portfolio Management<\/i><\/b>, vol. 32 (4), Summer 2006, 44-53.<\/p>\n<p>Mar\u00edn, J.M. &amp; Rahi, R.: \u201cInformation Revelation and Market Incompleteness\u201d, <b><i>Review of Economic Studies<\/i><\/b>, vol. 67 (3), July 2000, 563-579.<\/p>\n<p>Mar\u00edn, J.M. &amp; Fuente, \u00c1.: &#8220;Innovation, \u2018Bank\u2019 Monitoring and Endogenous Financial Development&#8221;, <b><i>Journal of Monetary Economics<\/i><\/b>, vol. 38 (2), October 1996, 269-301.<\/p>\n<p>Mar\u00edn, J.M. &amp; Rahi, R.: \u201cSpeculative Securities\u201d, <b><i>Economic Theory<\/i><\/b>, vol. 14 (3), 653-668, 1999.<\/p>\n<p>Mar\u00edn, J.M. &amp; Rubio, G. <b><i>Econom\u00eda Financiera<\/i><\/b>, Antoni Bosch Editor, 2001.<\/p>\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"mailto:%20josemaria.marin@uc3m.es\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\tEmail: josemaria.marin@uc3m.es<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n<p>\t\t\t\t\t\t\t\t\t\tAddress \/ office:C\/ Madrid, 126 &#8211; 28903 Getafe (Madrid) Spain \/ 6.0.48\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n<p>\t\t\t\t\t\t\t\t\t\tPhone \/ fax: (34) 91 624 93 07\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<p>\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\" tabindex=\"-1\" aria-label=\"BUSINESS UC3M\"><br \/>\n\t\t\t\t\t\t\t\t<\/a><\/p>\n<h3>\n\t\t\t\t\t\t<a href=\"https:\/\/x.com\/uc3m_business?lang=es\"><br \/>\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/h3>\n<p>\n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n","protected":false},"author":1,"template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"categoria-profesional":[62],"area":[30],"class_list":["post-5420","members","type-members","status-publish","hentry","categoria-profesional-professors","area-finance"],"_links":{"self":[{"href":"https:\/\/indem.uc3m.es\/en\/wp-json\/wp\/v2\/members\/5420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indem.uc3m.es\/en\/wp-json\/wp\/v2\/members"}],"about":[{"href":"https:\/\/indem.uc3m.es\/en\/wp-json\/wp\/v2\/types\/members"}],"author":[{"embeddable":true,"href":"https:\/\/indem.uc3m.es\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":2,"href":"https:\/\/indem.uc3m.es\/en\/wp-json\/wp\/v2\/members\/5420\/revisions"}],"predecessor-version":[{"id":7265,"href":"https:\/\/indem.uc3m.es\/en\/wp-json\/wp\/v2\/members\/5420\/revisions\/7265"}],"wp:attachment":[{"href":"https:\/\/indem.uc3m.es\/en\/wp-json\/wp\/v2\/media?parent=5420"}],"wp:term":[{"taxonomy":"categoria-profesional","embeddable":true,"href":"https:\/\/indem.uc3m.es\/en\/wp-json\/wp\/v2\/categoria-profesional?post=5420"},{"taxonomy":"area","embeddable":true,"href":"https:\/\/indem.uc3m.es\/en\/wp-json\/wp\/v2\/area?post=5420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}