Center for Research
in Financial Economics
NEFIN is the Brazilian Center for Research in Financial Economics of the University of São Paulo. We advance knowledge in asset pricing, derivative pricing, corporate finance, risk management and portfolio allocation — and make our data freely available to academics and practitioners.
Financial Data
The series we currently produce, free to academics and practitioners. Each card states the last observation in the data.
Selected Publications
Peer-reviewed articles by NEFIN researchers.
- Short-selling, the supply side: Are lenders price makers?Brazilian Review of Finance
- On the optimality of the deposit insurance premiumInternational Review of Economics & Finance
- Does Private Means Better? A Water and Sanitation Quasi-Experimental DesignEmerging Markets Finance and Trade
- No-arbitrage matrices of exchange rates: Some characterizationsInternational Journal of Economic Theory
- Unskilled fund managers: Replicating active fund performance with few ETFsInternational Review of Financial Analysis
Insights
Guest essays on finance research, written by invited researchers.
When the Manager Changes Jobs, the Fund Moves Too
A 2003 identification idea, follow the managers who move, applied to 37,455 manager switches in the Brazilian fund industry. When a fund changes management firms, its portfolio changes address too.
14 min readCAPM in Python: Estimating Small-Cap Beta with NEFIN Data
How much market risk does a small-cap portfolio really carry? A classic CAPM exercise on real NEFIN data, worked out in a few lines of Python.
11 min readFaculty
Our research team at the University of São Paulo.
Contact
Get in touch with the NEFIN team.
Department of Economics – FEA
Prof. Luciano Gualberto Ave., Cidade Universitária
FEA I · São Paulo, SP – Brazil · 05508-900
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