Valentina Galvani, Ph.D. in Economics, MSc in Economics, Doctoral Degree in Mathematical Finance, Laurea (BS+MS) in Mathematics

Associate Professor, Faculty of Arts - Economics Dept
Associate Chair (Undergraduate Studies), Faculty of Arts - Economics Dept

Contact

Associate Professor, Faculty of Arts - Economics Dept
Email
valentina.galvani@ualberta.ca
Phone
(780) 492-1477
Address
7-27 Tory (H.M.) Building
11211 Saskatchewan Drive NW
EdmontonAB
T6G 2H4

Associate Chair (Undergraduate Studies), Faculty of Arts - Economics Dept
Email
valentina.galvani@ualberta.ca

Overview

About

I hold the position of Associate Professor with tenure in the Department of Economics. I have Italian as well as Canadian citizenship and have two children.


Research

I earned an Italian Doctoral degree in Mathematical Finance in 2002 from the University of Brescia (Italy). In 2003, I gained a Master's degree at the Krannert School of Management at Purdue University. Two years later, I earned a Doctorate in Economics, with a concentration in Financial Economics at the same institution. That same year, I joined the University of Alberta.

My early research contributions, stemming from my doctoral work, are in the field of General Equilibrium in asset markets for infinite-dimensional spaces (Lp spaces). My current main focus of research is information diffusion in the corporate bond market, value and momentum investing, and securities taxation. 

Since 2015, I have maintained an outreach research agenda with ATB Financial (a local financial institution) on credit risk management.


Scholarly Activities

Research - Principal investigator, MITACS Accelerate Research Projects, partnered with local banks (2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022)

 I have conducted several research projects and partnered with various businesses in the financial sector. Graduate student internships are crucial in completing these projects.

Publications

Informed Trading and Momentum in the Corporate Bond Market

Author(s): Valentina Galvani and Lifang Li
Publication Date: 12/25/2020
Publication: Review of Finance

Does Style Investing Uniformly Affect Correlations in Small and Large Markets?

Author(s): Valentina Galvani
Publication Date: 8/30/2020
Publication: Heliyon
Volume: Forthcoming

The Value Premium During Flights

Author(s): Valentina Galvani
Publication Date: 6/12/2020
Publication: Finance Research Letters
External Link: https://doi.org/10.1016/j.frl.2020.101606

Market states, sentiment, and momentum in the corporate bond market

Author(s): Valentina Galvani and Lifang Li
Publication Date: 4/2/2018
Publication: Journal of Banking & Finance
Volume: 89
Page Numbers: 249-265
External Link: https://doi.org/10.1016/j.jbankfin.2018.02.007

Firm-specific Stock and Bond Predictability: New Evidence from Canada

Author(s): Cao, Ning, Galvani, Valentina, and Stefano, Gubellini
Publication Date: 9/9/2017
Publication: International Review of Economics and Finance
Volume: 51
External Link: https://doi.org/10.1016/j.iref.2017.05.007

Mean-Variance Dominant Trading Strategies

Author(s): Valentina Galvani and Stefano Gubellini
Publication Date: 12/9/2013
Publication: Finance Research Letters
Volume: 10
Issue: 3
External Link: https://doi.org/10.1016/j.frl.2013.05.005

Spanning with futures contracts

Author(s): Valentina Galvani André Plourde
Publication Date: 12/2/2013
Publication: The Quarterly Review of Economics and Finance
Volume: 53
Issue: 1
External Link: https://doi.org/10.1016/j.qref.2012.10.001

Riding the yield curve: a spanning analysis

Author(s): Riding the Yield Curve: A Spanning Analysis
Publication Date: 2013
Publication: Review of Quantitative Finance and Accounting
Volume: 53
Issue: 1
External Link: https://doi.org/10.1007/s11156-011-0267-7

Options and efficiency in spaces of bounded claims

Author(s): ValentinaGalvani Vladimir G.Troitsky
Publication Date: 7/20/2010
Publication: Journal of Mathematical Economics
Volume: 46
Issue: 4
External Link: https://doi.org/10.1016/j.jmateco.2010.05.004

Portfolio Diversification in Energy Markets

Author(s): Galvani, V. and A. Plourde
Publication Date: 2010
Publication: Energy Economics
Volume: 32
Issue: 2
External Link: https://doi.org/10.1016/j.eneco.2009.05.015

Diversification Gains in the Market for Provincial Bonds

Author(s): Valentina Galvani and Aslan Behnamian
Publication Date: 12/9/2008
Publication: Quarterly Journal of Finance and Accounting
Volume: 47
Issue: 4
External Link: https://www.jstor.org/stable/40473471

Option Spanning with Exogenous Information Structure

Author(s): Galvani, V.
Publication Date: 2008
Publication: Journal of Mathematical Economics
Volume: 45
Issue: 1-2
External Link: https://doi.org/10.1016/j.jmateco.2008.06.004

A note on Spanning with Options

Author(s): Valentina Galvani
Publication Date: 12/7/2007
Publication: Mathematical Social Sciences
Volume: 54
Issue: 1
External Link: https://doi.org/10.1016/j.mathsocsci.2007.03.002

Underlying Assets for Which Options Complete the Market

Author(s): Valentina Galvani
Publication Date: 3/15/2007
Publication: Finance Research Letters
Volume: 4
Issue: 1
External Link: https://doi.org/10.1016/j.frl.2006.07.002