The network is focused within three prioritized research areas:

• Household finance
• Asset pricing
• Firm development and financial markets

 

Within Household finance, we study among other things how social networks affect financial decisions. We also study the effects of inheritance and wealth accumulation, the impact of amortization requirements on housing markets, the origins of risk taking in financial markets, as well as financial decisions and gender inequality.

Our researchers in Asset pricing study systemic risk in the banking system and how this risk is priced by the market, we develop new measures for mutual fund evaluation, and conduct both empirical and theoretical work on the pricing of various assets such as stocks, bonds and real estate.

The area Firm development and financial markets examines the interaction of venture capital, innovation and growth, and analyzes the roles of different forms of ownership, tax systems and general financial institutions in industry-driven economic growth. We also study entrepreneurial innovations, private equity buyouts and taxation, and how they affect firms with different forms of ownership, as well as how financial market regulations influence this process.