Juliana Salomao

Juliana Salomao

Assistant Professor

Finance

Education

Ph.D. June 2014
Economics Stanford University

M.A. 2008
Economics Pontificia Universidade Catolica (PUCRio), Rio de Janeiro (Brazil)

B.A. 2005
Economics Pontificia Universidade Catolica (PUCRio), Rio de Janeiro (Brazil)

Exchange Student 20032004
Economics University of California at Berkeley

Expertise

Assistant Professor Juliana Salomao teaches International Finance and Global Economy. Salomao holds a PhD in economics from Stanford University and a M.A. from PUCRio, Brazil.  Salomao’s research is focused on the sovereign and corporate credit markets. On her latest work, she analyzes the effect of the Credit Default Swap (CDS) market on sovereign credit markets. Her results show that the existence of a CDS market results in lower default probability, higher debt levels, and lower financing costs for the country. Her other projects explore the predictability of excess returns on long bonds and the relationship between firm financing and the business cycle.

Selected Works

Sovereign debt renegotiation and credit default swaps, 2017, JME

Firm Financing over the Business Cycle (with Juliane Begenau) R&R at RFS

Trend and Cycle in Bond Premia (with Monika Piazzesi and Martin Schneider)

Exchange Rate Exposure and Firm Dynamics (with Liliana Varela)

Decomposing Firm Value (with Frederico Belo and Vito Gala)

Current Activities