Faculty & Research

Lucio Sarno


Professor of Finance




International Finance; Macrofinance; Empirical Asset Pricing; Monetary Economics; Financial Econometrics.


+44 (0) 20 7040 8772


+44 (0) 20 7040 8881

Faculty office:

+44 (0) 20 7040 4114






Lucio Sarno previously held teaching and research positions at several universities, including the University of Warwick, the University of Oxford and Columbia University. He has been involved in policy advice, training, research and consulting projects for a number of institutions, including the International Monetary Fund, the European Central Bank, the Federal Reserve Bank of St. Louis, the Bank of Canada, the Central Bank of Norway, the Italian Ministry of Economy and Finance, the World Bank, the European Commission, and a number of banks and asset management companies. He was also the Director of Currency Research at AXA Investment Managers during 2007-08. Lucio is the author of over 70 articles in refereed economics and finance journals, including the Journal of Economic Literature; Journal of Finance; Journal of Financial Economics; Review of Financial Studies; Journal of Financial and Quantitative Analysis; Journal of Business; Review of Economics and Statistics; International Economic Review; Journal of Monetary Economics; Journal of International Economics; Journal of the European Economic Association; Journal of Money, Credit and Banking; Review of Finance; Journal of Development Economics. He has also authored and edited several books, including the edited volume Handbook of Exchange Rates (Wiley, 2012) and the graduate textbook The Economics of Exchange Rates (Cambridge University Press, 2003). Since 2005, entry in the ISI Essential Science Indicators (selection of the top 1% of the economics and finance profession on the basis of total citations on a 10-year rolling period). He has over 2100 citations in the ISI Web of Knowledge. Ranked in 2nd percentile in the REPEC rankings.