Davide Tomio

Davide Tomio is an Assistant Professor of Finance at Mays Business School, Texas A&M University, specializing in empirical asset pricing, sovereign bonds, and central bank policies. He previously taught at the University of Virginia’s Darden School of Business. His research focuses on the interplay between credit risk, liquidity, and central bank interventions, with notable contributions to understanding the Eurozone crisis and the impact of quantitative easing. Tomio serves as a consultant to the European Central Bank’s Directorate General Market Operations and has been recognized for his work, including winning the Best COVID-19 Paper Award at the IRMC 2020.

Education: Ph.D. in Finance from Copenhagen Business School (2017), with visiting studies at NYU Stern and Cornell University’s Johnson School. Earlier degrees include an M.Sc. in Economics and Finance from the University of Copenhagen and a B.Sc. in Economics from Ca’ Foscari University of Venice.

Research Interests: Tomio investigates the dynamics of sovereign debt markets, particularly how central bank policies affect liquidity and pricing. His work bridges theoretical models with empirical analysis, addressing topics like ECB interventions, fiscal capacity during crises, and retail trading impacts on volatility. His methodologies include event studies, cross-sectional analyses, and microstructure frameworks.

Publications and Impact: His work has been featured in top journals like the Journal of Financial Economics and Journal of Monetary Economics, as well as media outlets such as Forbes and ZeroHedge. Key contributions include analyzing the 2020 pandemic’s fiscal implications for sovereign default risk and documenting mispricing in bond-futures markets due to ECB quantitative easing.

Teaching: Tomio teaches graduate courses on derivatives, financial futures, and valuation at Texas A&M and Mays. His courses emphasize practical applications of financial theory, including case studies on market hedging and arbitrage strategies.

Labs/Teams: Collaborates with institutions like the ECB and co-authors with leading scholars such as Loriana Pelizzon and Marti Subrahmanyam. His research group focuses on macro-finance intersections and policy analysis.