Professor of Finance
Economics, Finance, Control
After having worked for 10 years as an university professor in the Netherlands (University of Tilburg and Amsterdam), Riccardo Calcagno joined EMLYON Business School in january 2011 as an associate professor of corporate finance. His research covers different topics: from corporate governance to mergers and acquisitions, to the design of optimal managerial compensation. He is currently focusing on the study of the consequences of financial illiteracy of households on their investment choices.
- 2012 HDR in Management Sciences - Université "Jean Moulin" Lyon 3, France
- 2001 PhD in Economics - Université Catholique de Louvain, Belgium
- 1996 MA in Economics with honours - Université Catholique de Louvain, Belgium
- 1993 Degree in Economics, University of Torino, Italy
- 2008 – 2010 Associate Professor of Finance - VU University Amsterdam, The Netherlands
- 2005 – 2007 Assistant Professor of Finance - VU University Amsterdam, The Netherlands
- 1999 – 2005 Assistant Professor of Finance - Tilburg University, The Netherlands
- Since 2005 Visiting Fellow at CeRP - Collegio Carlo Alberto, Turin, Italy
- Since 2005 Extramural Fellow of TILEC - Tilburg University, The Netherlands
- Financial Literacy and Economics of Advice
- Bargaining and Takeovers
- Contract Theory and Managerial Compensation
- Corporate Governance
- Financial Markets Microstructure
- MSc level (at EMLYON):
- MSc in Management: Corporate Finance
- MSc level (at Amsterdam, Tilburg):
- Corporate Governance (2008-2009)
- Advanced Corporate Finance (2001-2004)
- PhD level (Tinbergen Institute):
- Corporate Finance Theory (2006-2011)
- Financial Literacy and Households Finance
- Managerial Compensation and Corporate Governance
ACADEMIC ARTICLES (10)CALCAGNO Riccardo, MONTICONE Chiara (2015). Financial Literacy and the Demand for Financial Advice. Journal of Banking and Finance, 50.
CALCAGNO Riccardo, FALCONIERI Sonia (2014). Competition and dynamics of takeover contests. Journal of Corporate Finance: Contracting, Governance and Organization, 26.
CALCAGNO Riccardo, KAMADA Yuichiro, LOVO Stefano [et alii] (2014). Asynchronicity and Coordination in Common and Opposing Interest Games. Theoretical economics, 9 (2).
CALCAGNO Riccardo, URZI BRANCATI Maria Cesira (2014). Do more financially literate households invest less in housing? : Evidence from Italy. Economics Bulletin, 34 (1).
CALCAGNO Riccardo, KRAUSSL Roman, MONTICONE Chiara (2011). An analysis of the effects of the severance payment reform on credit to Italian SMEs. Journal of Financial Economic Policy, 3 (3).
CALCAGNO Riccardo, ROSSI Mariacristina (2011). Portfolio choice and precautionary savings. Economics Bulletin, 31 (2).
CALCAGNO Riccardo, FORNERO Elsa, ROSSI Mariacristina (2009). The Effect of House Prices on Household Consumption in Italy. Journal of Real Estate Finance and Economics, 39 (3).
CALCAGNO Riccardo, RENNEBOOG luc (2007). The incentive to give incentives : On the relative seniority of debt claims and managerial compensation. Journal of Banking and Finance, 31 (6).
CALCAGNO Riccardo, LOVO Stefano (2006). Bid-Ask Price Competition with Asymmetric Information between Market-Makers. Review of Economic Studies, 73 (255).
CALCAGNO Riccardo, WAGNER Wolf (2006). Dispersed initial ownership and the efficiency of the stock market under moral hazard. Journal of Mathematical Economics, 42 (1).
BOOK CHAPTERS (1)CALCAGNO Riccardo, SADRIEH Abdolkarim (2008). A Note on the Effects of Introducing a Market for Cash-Settled Forward Contracts on Electricity. In FUCHS Emma J., BRAUN Finn, Emerging Topics in Banking and Finance. Nova Science, 201-209 P.