Overview
Nuno Clara is an Associate Professor in the Finance area. He received his PhD in Finance from London Business School.
Nuno's research is in the areas of Asset Pricing, Micro data for Macro Models and Household Finance. Prior to his the PhD, Nuno worked in private equity focused on distress and growth/mezzanine investments, as well as in economic consulting.
Current Appointments & Affiliations
Associate Professor of Business Administration
·
2025 - Present
Fuqua School of Business
Recent Publications
Investments that make our homes greener: The role of regulation
Journal Article Journal of Financial Economics · March 1, 2026 Operation of residential buildings is responsible for roughly 22% of global energy consumption and 17% of CO2 emissions. We study the investments triggered by a regulatory intervention requiring rented properties to satisfy minimum energy effici ... Full text CiteWhen Discounted Rates End: The Costs of Taking Action in the Mortgage Market
Journal Article The Review of Financial Studies · December 4, 2025 AbstractWe combine administrative data with a life cycle structural model that exploits the unique features of the U.K. mortgage market to analyze the sources of inaction and to estimate borrowers’ nonpec ... Full text CiteBorrow now, pay even later: A quantitative analysis of student debt payment plans
Journal Article Journal of Financial Economics · September 1, 2024 In the U.S., student debt is currently the second largest component of consumer debt. Households are required to repay these loans early in their lifecycle, when marginal utility is particularly high. We study alternative contracts that offer partial or fu ... Full text CiteEducation
London Business School (United Kingdom) ·
2020
Ph.D.