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Francisco Gomes

Professor of Finance


BA (Universidade Nova de Lisboa), MA and PhD (Harvard)

Professor Francisco Gomes’ areas of expertise include capital markets, asset allocation, household finance, and macroeconomics. His research has been published in leading journals, such as The Journal of Finance, The Review of Financial Studies, the Journal of Financial Economics and The American Economic Review. He has given numerous seminars worldwide and he has been covered by The Financial Times, BBC and Bloomberg, among others.

Professor Gomes joined London Business School, in 2000, as an Assistant Professor of Finance – following receipt of his PhD from Harvard University. After earning his BA from the New University of Lisbon (Universidade Nova de Lisboa), he worked at the Bank of Portugal in its research department.

Professor Gomes is a Research Affiliate of the Centre for Economic Policy Research and one of the founding members of the CEPR Network on Household Finance.

2015

Life-cycle portfolio choice with liquid and illiquid assets

Campanale C; Fugazza C; Gomes F

Journal of Monetary Economics 2015 Vol 71 p 67-83

2013

Fiscal policy and asset prices with incomplete markets

Gomes F J; Michaelides A; Polkovnichenko V

Review of Financial Studies 2013 Vol 26:2 p 531-556

2012

Longevity risk, retirement savings, and financial innovation

Cocco J F; Gomes G

Journal of Financial Economics 2012 Vol 103:3 p 507-529

The excess burden of government indecision

Gomes F; Kotlikoff L J; Viceira L M V

Gomes F; Kotlikoff L J; Viceira L M V: The excess burden of government indecision: In Browen J eds., Tax Policy and Economy, 2012

2009

Lending relationships in the interbank market

Cocco J F; Gomes F J; Martins N C

Journal of Financial Intermediation 2009 January Vol 18:1 p 24-48

Optimal savings with taxable and tax-deferred accounts

Gomes F; Michaelides A; Polkovnichenko V

Review of Economic Dynamics 2009 Vol 12:4 p 718-735

2008

Asset pricing with limited risk sharing and heterogeneous agents

Gomes F; Michaelides A

Review of Financial Studies 2008 Vol 21:1 p 415-448

Optimal life-cycle investing with flexible labor supply: A welfare analysis of life-cycle funds

Gomes F; Kotlikoff L J; Viceira L M

American Economic Review 2008 Vol 98:2 p 297-303

2007

Exploiting short-run predictability

Gomes F

Journal of Banking and Finance 2007 Vol 31:5 p 1427-1440

2006

Discussion of 'equity premia with benchmark leverls of consumption: closed-form results' by Andrew Abel

Gomes F

in Handbook of investments: equity risk premium by Mehra R, 2006

2005

Consumption and Portfolio Choice over the Life Cycle

Gomes F; Cocco J; Maenhout P

Review of Financial Studies 2005 Summer Vol 18:2 p 491-533

Optimal life-cycle asset allocation: understanding the empirical evidence

Gomes F; Michaleides A

Journal of Finance 2005 Apr Vol 60:2 p 869-904

Portfolio choice and trading volume with loss-averse investors

Gomes F

Journal of Business 2005 Mar Vol 78:2 p 675-706

2003

Portfolio choice with internal habit formation: a life-cycle model with uninsurable labor income risk

Gomes F; Michaelides A

Review of Economic Dynamics 2003 Oct Vol 6:4 p 729-766

2001

Investing Retirement Wealth: A Life-Cycle Model

Cocco J; Gomes F; et al.

in Campbell J Y and Feldstein M eds., Risk aspects of social security reform, University of Chicago Press, 2001

Stock Market Mean Reversion and the Optimal Equity Allocation of a Long Lived Investor

Campbell J Y; Gomes F; Cocco J; et al.

European Finance Review 2001 Vol 5:3 p 269-292

PhD


  • PhD Course in Financial Economics I: Asset Pricing 


MBA 


  • E197 Elective Course in Capital Markets & Financing

  • MBA Global Business Experience trip

  • Book chapters

    "The Excess Burden of Government Indecision", in Tax Policy and the Economy, NBER, Eds., joint with Laurence Kotlikoff and Luis Viceira, Volume 26, 2012.

    Discussion of “Equity Premia with Benchmark Levels of Consumption: Closed-Form Results” (by Andrew Abel), in Handbook of Investments: Equity Risk Premium, North Holland, Ed. Rajnish Mehra, 2008.

    "Investing Retirement Wealth: A Life-Cycle Model", in Risk Aspects of Investment-Based Social Security Reform, NBER, Eds. M. Feldstein and J. Campbell, 2001, joint with John Campbell, Joao Cocco and Pascal Maenhout.

Research Interests


  • Capital markets
  • Asset allocation
  • Household finance
  • Macroeconomics