![\"\"](\"https:\/\/indem.uc3m.es\/wp-content\/uploads\/2025\/04\/perfil-margarita-sanmartin.png\")
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\t\t\t\t\t\t\t\t\t\tEmail: margarita.samartin@uc3m.es
\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
\t\t\t\t\t\t\t\t\t\tAddress \/ Office: C\/ Madrid, 126 – 28903 Getafe (Madrid) Spain \/ 6.0.16\n\t\t\t\t\t\t\t\t\t<\/li>\n
\t\t\t\t\t\t\t\t\t\tPhone \/ fax: (34) 91 624 96 47\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n
\t\t\t\t \n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n Van Bommel, J., Hasman, A. & Samart\u00edn, M.: \u201cFinancial Intermediation in an Overlapping Generations Model with Transaction Costs<\/a>\u201d, Journal of Economic Dynamics and Control vol. 45, August 2014, 111-125.<\/p>\n Van Bommel, J., Hasman, A. & Samart\u00edn, M.: \u201cFinancial Contagion and Depositor Monitoring<\/a>\u201d, Journal of Banking and Finance vol. 37 (8), August 2007, 3076-3084<\/p>\n L\u00f3pez, A.L., Hasman, A. & Samart\u00edn, M.: \u201cGovernment, taxes and banking crises<\/a>\u201d, Journal of Banking and Finance vol. 35 (10), October 2011, 2761-2770<\/p>\n Hasman, A. & Samart\u00edn, M.: \u201cInformation Acquisition and Financial Contagion<\/a>\u201d, Journal of Banking and Finance vol. 32 (10), October 2008, 2136-2147<\/p>\n Samart\u00edn, M. \u201cShould bank runs be prevented?<\/a>\u201d, Journal of Banking and Finance vol. 27 (5), May 2003, 977-1000.<\/p>\n Samart\u00edn, M.: \u201cSuspension of convertibility versus deposit insurance: a welfare comparison<\/a>\u201d, Review of Finance (former European Finance Review) vol. 6 (2), 2002, 223-244<\/p>\n \t\t\t\t\t\t\t\t\tBiograf\u00eda<\/p>\n Margarita Samart\u00edn is a Tenured Professor of Financial Economics in the Department of Business Economics at the Universidad Carlos III de Madrid. She holds a European Doctorate in Quantitative Economics from CORE (Catholic University of Louvain, Belgium), the London School of Economics (England), DELTA (France) and the University of Bonn (Germany). She also holds a Master’s degree in Economic Sciences from the Catholic University of Louvain (Belgium) and a degree in Economic and Business Sciences from the University of Cantabria. She teaches Financial Economics and Banking at the undergraduate and postgraduate levels. <\/p>\n Margarita has focused her research on the field of banking economics, and in particular has studied the role of banks in the economy, financial crises and banking regulation. Her works have been published in international journals such as Review of Finance, Journal of Banking and Finance, Geneva Papers on Risk and Insurance Theory, Journal of Financial Stability and Financial Markets, Institutions and Instruments. <\/p>\n Currently, Margarita is the director of the Master’s Degree in Actuarial and Financial Sciences at the Universidad Carlos III de Madrid. She is also the deputy director of the Specialization Course in Telecommunications Economics, within the Master’s Degree in Industrial Economics at the Universidad Carlos III de Madrid. <\/p>\n \t\t\t\t\t\t\t\t\tPublications<\/p>\n Hasman, A. & Samart\u00edn, M.: \u201cCapital and liquidity in a Dynamic Model of Banking\u201d, Economic Modelling vol. 64, August 2017, 172\u2013177<\/p>\n Samart\u00edn, M., Cabrera, M. & Dwyer, G.: \u201cGovernment finances and bank bailouts: Evidence from European Stock markets\u201d, Journal of Empirical Finance vol. 39, December 2016, 169-179<\/p>\n Garc\u00eda-Palacios, J.H., Hasman, A. & Samart\u00edn, M. \u201cBanking crises and government intervention\u201d, Journal of Financial Stability vol. 15, December 2014, 32-42<\/p>\n Van Bommel, J., Hasman, A. & Samart\u00edn, M.: \u201cFinancial Intermediation in an Overlapping Generations Model with Transaction Costs\u201d, Journal of Economic Dynamics and Control vol. 45, August 2014, 111-125<\/p>\n Van Bommel, J., Hasman, A. & Samart\u00edn, M.: \u201cFinancial Contagion and Depositor Monitoring\u201d, Journal of Banking and Finance vol. 37 (8), August 2007, 3076-3084<\/p>\n L\u00f3pez, A.L., Hasman, A. & Samart\u00edn, M.: \u201cGovernment, taxes and banking crises\u201d, Journal of Banking and Finance vol. 35 (10), October 2011, 2761-2770<\/p>\n Samart\u00edn, M. & Dywer, G. \u201cWhy do banks promise to pay par on demand?\u201d, Journal of Financial Stability, vol. 5 (2), June 2009, 147-169<\/p>\n Hasman, A. & Samart\u00edn, M.: \u201cInformation Acquisition and Financial Contagion\u201d, Journal of Banking and Finance vol. 32 (10), October 2008, 2136-2147<\/p>\n Samart\u00edn, M, Cardone, C. & Bustamante, R. \u201cWas the Argentine corralito an efficient measure?: a note\u201d, International Review of Economics and Finance vol. 16 (3), December 2007, 444-453<\/p>\n Samart\u00edn, M. \u201cComment on: Bank Runs, Welfare and Policy Implications\u201d, Journal of Financial Stability, vol. 1 (3), April 2005, 426-432<\/p>\n Samart\u00edn, M. \u201cShould bank runs be prevented?\u201d, Journal of Banking and Finance vol. 27 (5), May 2003, 977-1000<\/p>\n Samart\u00edn, M., \u00c1lvarez, M.J., Cardone, C., Lado, N.: “Financial Service Firms\u2019 Entry-Mode Choice and Cultural Diversity: Spanish Companies in Latin America”, International Journal of Bank Marketing vol. 21 (3), June 2003, 109-121<\/p>\n Samart\u00edn, M.: \u201cOn the optimality of bank runs: a comment on Allen and Gale\u201d, Geneva Papers on Risk and Insurance Theory vol.28 (1), June 2003, 33-57<\/p>\n Samart\u00edn, M.: \u201cSuspension of convertibility versus deposit insurance: a welfare comparison\u201d, Review of Finance (former European Finance Review) vol. 6 (2), 2002, 223-244<\/p>\n Samart\u00edn, M. \u201cBanks Increase Welfare\u201d, Financial Markets, Institutions and Instruments vol. 10 (5), April 2002, 203-233<\/p>\n Pe\u00f1a, J.I , Mayoral, S. and Rodr\u00edguez, R. \u201cCannibalization, depredation, and market remuneration of power plants<\/a>\u201d, Energy Policy<\/b>, 2022<\/p>\n Pe\u00f1a, J.I and Rodr\u00edguez, R. ” Market Makers and Liquidity Premium in Electricity Futures Markets <\/a>(2022). The energy Journal<\/b>, 43 (2) <\/p>\n Pe\u00f1a, J.I & Mayoral, S. and Rodr\u00edguez, R. \u201cTail Risk of Electricity Futures<\/a>\u201d , Energy Economics<\/b>, 2020 <\/p>\n Pe\u00f1a, J.I and Rodr\u00edguez, R. “Are EU\u2019s Climate and Energy Package 20-20-20 targets achievable and compatible? Evidence from the impact of renewables on electricity prices <\/a>” Energy<\/b>, 183, pages 477-486 , 2019, <\/p>\n Rodr\u00edguez, R. and Pe\u00f1a, J.I.: \u201cDefault supply auctions in electricity markets: Challenges and proposals\u201d, Energy Policy <\/i><\/b>vol. 122, November 2018, 142-151<\/p>\n Rodr\u00edguez, R., Moreno J.D. & Zambrana, R.: \u201cManagement Sub-Advising in the Mutual Fund Industry\u201d, Journal of Financial <\/i><\/b>Economics<\/i><\/b>, <\/i>vol. 127 (3), March 2018, 567-587<\/p>\n Pe\u00f1a, J.I and Blanco Ivan and Rodr\u00edguez, R. \u201cModelling Electricity Swaps with Stochastic Forward Premium Models\u201d ( 2018), The Energy Journal<\/i><\/b>, vol. 39 (2) <\/p>\n Rodr\u00edguez, R. & Pe\u00f1a, I.: “Time-Zero Efficiency of European Power Derivatives Markets\u201d, Energy Policy <\/i><\/b>vol. 95, August 2016, 253-268 <\/p>\n Rodr\u00edguez, R. & Rubio, G.: \u201cTeaching Quality and Academic Research\u201d, International Review of Economics Education<\/i><\/b> vol. 23, September 2016, 10-27 <\/p>\n Rodr\u00edguez, R, Moreno, J.D. & Malag\u00f3n, J.: \u201cThe Idiosyncratic Volatility Anomaly: Corporate Investment or Investor Mispricing?\u201d, Journal of Banking and Finance <\/i><\/b>vol. 60, November 2015, 224-238<\/p>\n Rodr\u00edguez, R. & Nieto, B.: \u201cCorporate stock and bond return correlations and dynamic adjustments of capital structure\u201d, Journal of Business Finance and Accounting<\/i><\/b> vol. 42 (5-6), <\/a>June-July 2015, 705\u2013746 Rodr\u00edguez, R., Moreno, J.D. & Matall\u00edn-S\u00e1ez, J.C.: \u201cWhy is timing perverse?\u201d, The European Journal of Finance, <\/i><\/b>vol. 21, 2015, 1334-1356<\/p>\n Rodr\u00edguez, R., Moreno, J.D. & Malag\u00f3n, J.: \u201cTime horizon trading and the idiosyncratic risk puzzle\u201d, Quantitative Finance<\/i><\/b>, vol. 15 (2), 2015, 327-343<\/p>\n Rodr\u00edguez, R., Moreno, J.D. & C\u00e1ceres, E.: \u201cA study on short-selling constraints: total ban versus partial ban\u201d, Applied Economics Letters<\/i><\/b> vol. 22 (2), 2015, 99-103<\/p>\n Rodr\u00edguez, R., Moreno, J.D. & Wang, C.:\u201cAccurately Measuring Gold Mutual Fund Performance\u201d, Applied Economics Letters,<\/i><\/b> vol. 21 (4), 2014, 268-271<\/p>\n Rodr\u00edguez, R.& Moreno, J.D.: \u201cOptimal Diversification across Mutual Funds\u201d, Applied Financial Economics <\/i><\/b>vol. 23 (2), 2013, 199-203<\/p>\n Rodr\u00edguez, R. & Moreno, J.D.: \u201cThe value of coskewness in mutual fund performance evaluation\u201d, Journal of Banking & Finan<\/i><\/b>ce<\/i><\/b> vol. 33, 2009, 1664\u20131676<\/p>\n Rodr\u00edguez, R. & Pe\u00f1a, I.: “On the economic link between asset prices and real activity\u201d, Journal of Business Finance and Accounting <\/i><\/b>vol. 34 (5-6), June-July 2007, 889-916<\/p>\n Rodr\u00edguez, R. & Nieto, B.: \u201cThe consumption-wealth and Book-to Market ratios Rodr\u00edguez, R. & Moreno, J.D.: \u201cPerformance Evaluation considering the Coskewness: A Stochastic Discount Factor Framework\u201d, Managerial Finance <\/i><\/b>vol. 32 (4), 2006, 375-392<\/p>\n Rodr\u00edguez, R. & Restoy, F.: “Can Fundamentals Rodr\u00edguez, R. & Nieto, B.: \u201cLos Rodr\u00edguez, R., Restoy, F. & Oe\u00f1a, I.: \u201cCan Output Explain the \t\t\t\t\t\t\t\t\t\tEmail: margarita.samartin@uc3m.es \t\t\t\t\t\t\t\t\t\tAddress \/ Office: C\/ Madrid, 126 – 28903 Getafe (Madrid) Spain \/ 6.0.16\n\t\t\t\t\t\t\t\t\t<\/li>\n \t\t\t\t\t\t\t\t\t\tPhone \/ fax: (34) 91 624 96 47\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n \t\t\t\t \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 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\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a>
\n\t\t\t\t\t<\/h3>\nSelected publications<\/h2>\n
<\/em><\/p>\n
in a Dynamic asset-pricing context\u201d, Spanish
Economic Review<\/i><\/b> vol. 9, 2006<\/p>\n
Explain Cross-Country Correlations of Asset Returns? \u201d, Review of World Economics<\/i><\/b>, vol. 142 (3), 2006 <\/p>\n
Modelos de Valoraci\u00f3n de Activos Condicionales: un Panorama Comparativo
Ilustrado con Datos Espa\u00f1oles\u201d (2005) Investigaciones Econ\u00f3micas<\/i><\/b>, vol. 29 (1), 2004<\/p>\n
Predictability and Volatility of Stock Returns?\u201d, Journal of International Money and Finance <\/i><\/b>vol. 21 (2), April 2002, 163-182<\/p>\n\n
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\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a>
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