Pierluigi Balduzzi is Professor of Finance and Coordinator of the PhD Program in Finance. Dr. Balduzzi has a PhD in Economics from the University of California at Los Angeles. Prior to coming to Boston College, he was Assistant Professor of Finance at the Stern School of Business, New York University. His professional experience includes executive teaching at Nomura Securities and Credit Suisse-First Boston, consulting for the Social Security Administration, and an internship at the International Monetary Fund.

Dr. Balduzzi's research interests focus on models for asset management, tests of equilibrium asset-pricing models, fixed-income markets, and household finance. His teaching interests focus on investments and fixed-income securities.

Dr. Balduzzi's publications have included:

"Portfolio Choice and Trading in a Large 401 (k) Plan." (With J. Agnew and A. Sunden.) American Economic Review 93 (2003) 193-205.

"Economic News and Bond Prices: Evidence from the U.S. Treasury Market." (With E. Elton and C. Green.) Journal of Financial and Quantitative Analysis 36 (2001) 523-543.

"Predictability and Transaction Costs: The Impact on Rebalancing Rules and Behavior." (With A. Lynch.) Journal of Finance 55 (2000) 2285-2309.

"Transaction Costs and Predictability: Some Utility Cost Calculations.'' (With A. Lynch.) Journal of Financial Economics 52 (1999) 47-78.

"Interest Rate Targeting and the Dynamics of Short-Term Rates." (with G. Bertola, S. Foresi, and L. Klapper.) Journal of Money, Credit, and Banking 30 (1998) 26-50.

"A Second Factor in Bond Yields." (With S. R. Das and S. Foresi.) Review of Economics and Statistics 80 (1998) 62-72.

Carroll School of Management
Fulton Hall 330B
140 Commonwealth Ave.
Chestnut Hill, MA 02467
pierluigi.balduzzi.1@bc.edu
Phone: 617-552-3976
Personal webpage: http://www2.bc.edu/~balduzzp/