Lucio Sarno University of Warwick   Finance Group Warwick Business School University of Warwick Coventry, CV4 7AL UK   lucio.sarno@warwick.ac.uk   http://www.warwick.ac.uk/~bssqw/LS/   Biographical Sketch: Lucio Sarno Laurea (Salerno), MA (Oxford), MSc, PhD (Liverpool) Current positions: - Professor of Finance, Warwick Business School, Warwick University - Research Affiliate, Centre for Economic Policy Research, London. Lucio Sarno previously held teaching and research positions at the University of Oxford, Columbia University, Brunel University, and the University of Liverpool. He has also been involved in research and consulting projects for the International Monetary Fund, the World Bank, the European Commission, the Federal Reserve Bank of St. Louis, the Central Bank of Norway and the Central Bank of Colombia. He is the author of over 40 articles in refereed economics and finance journals. He has authored and edited several books, including a monograph on "The Microstructure of the Foreign Exchange Market" (Princeton, 2001) and "The Economics of Exchange Rates" (Cambridge University Press, 2002), jointly authored with Mark Taylor.   Primary Research Focus: Exchange rate economics; empirical finance.   JEL Areas: F3 : International Finance: General G0 : Financial Economics: General