Erasmo Giambona

Professor of Finance, Falcone Chair in Real Estate
Erasmo
Erasmo Giambona is a Professor of Finance and the Michael J. Falcone Chair in Real Estate. Currently, he serves as an Associate Editor for the Journal of Financial Intermediation. Professor Giambona's research interests revolve around the role of creditor rights and regulations on risk management, access to credit, and real estate contracting. He has published numerous papers in the areas of corporate finance and real estate in premier journals. Prior to coming to the Whitman School, Giambona served as a tenured Associate Professor of Finance and Real Estate at the University of Amsterdam in the Netherlands. He has been a visiting professor at Cornell University, Yale University, University of Southern California, and Bocconi University (Milan, Italy).
Real Estate Capital Markets (undergraduate and graduate)
Real Estate Finance (undergraduate and graduate)
Corporate Finance (Ph.D. level course)
Corporate Finance and Real Estate

Papers

  • Underdiversification and Housing Risk Premia

    Eiling, E., Lopez A., R., Tuijp, P.

  • Global Supply Chain Disruptions and Product Market Competition

    Aral, K., Lopez A., R., Phillips, G.

Publications

  • Hedging, Contract Enforceability, and Competition

    2025 Review of Financial Studies, Kumar, A., Phillips, G.

  • Unveiling the Price of Obscenity in the Housing Market: Evidence from Closing Brothels in the Netherlands

    2023 Journal of Policy Analysis and Management, Ribas, R.

  • The External Cost of Prostitution: Evidence from Shutting Down Red Light Districts in the Netherlands

    2023 Real Estate Economics, Ribas, R.

  • Buyer's Bankruptcy Risk, Sourcing Strategy, and Firm Value: Evidence from the Supplier Protection Act

    2022 Management Science, Aral, K., Wang, Y.

  • Derivatives Supply and Corporate Hedging: Evidence from the Safe Harbor Reform of 2005

    2020 Review of Financial Studies,33,11,5015–5050, Wang, Y.

  • A View Inside Corporate Risk Management

    2019 Management Science,65,11, Bodnar, G., Graham, J., Harvey, C.

  • Real Assets and the Limits of Debt Capacity: Theory and Evidence

    2018 Real Estate Economics,46,4, Mello, A., Riddiough, T.

  • Liquidity Management and Corporate Investment During a Financial Crisis

    2011 Review of Financial Studies,24,6,1944-1979, Campello, M., Graham, J., Harvey, C.

  • May 10, 2020

    Whitman’s Senior Faculty Research Award

    Syracuse University - Whitman
  • Jan 01, 2020

    Pearson Prize for the Best Paper in Financial Management - First Place

    Financial Management

  • Received - GRANT -- Lender Center for Social Justice

  • Hedge Fund Activists Might Just Be Good Stock Pickers

    December 22, 2023 Institutional Investor

  • Unveiling the Price of Obscenity

    December 08, 2023 Marginal Revolution