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Bruno Pellegrino

Assistant Professor of Finance · Columbia Business School

Assistant Professor of Finance at Columbia Business School. Research covers international finance and macroeconomics, with secondary interests in industrial organization and networks.

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Published Quarterly Journal of Economics Online 23 Jun 2025 Published Oct 2025

Barriers to Global Capital Allocation

Bruno Pellegrino · Enrico Spolaore · Romain Wacziarg

Why do observed international investment positions and cross-country differences in rates of return to capital fail to conform to a frictionless capital-market benchmark? The paper asks how large the …

International Finance Economic Growth Macroeconomics Free Read ↗