Nikolai Roussanov

Assistant Professor of Finance

Iwanowski Family Research Fellow

The Wharton School

University of Pennsylvania

2326 Steinberg Hall-Dietrich Hall

3620 Locust Walk

Philadelphia, PA , 19104-6367 USA

e-mail: nroussan @ Wharton.UPenn.edu

Official Webpage

CV gScholar IDEAS SSRN

Publications:

Marriage and Managers' Attitudes to Risk, with Pavel Savor, Management Science, forthcoming, December 2013. Earlier NBER Working Paper version Status, Marriage, and Managers' Attitudes to Risk. Media: Bloomberg View, CNBC, Fortune, Business Day PM live interview on BNN (Toronto), CNBC, the Economist

Counter-cyclical Currency Risk Premia, with Hanno Lustig and Adrien Verdelhan, Journal of Financial Economics, March 2014, lead article (published version);. Supplementary Appendix.

Composition of Wealth, Conditioning Information, and the Cross-Section of Stock Returns, Journal of Financial Economics, February 2014 (published version); Supplementary Appendix

Common Risk Factors in Currency Markets, with Hanno Lustig and Adrien Verdelhan, Review of Financial Studies, November 2011 (published version), Supplementary Appendix, Data, earlier NBER Working Paper version. Terker Family Prize in Investment Research

Diversification and its Discontents: Idiosyncratic and Entrepreneurial Risk in the Quest for Social Status, Journal of Finance, October 2010 (published version); Internet Appendix. Media: FT, CBS

Conspicuous Consumption and Race, with Kerwin Charles and Erik Hurst, Quarterly Journal of Economics, May 2009, lead article (published version); Robustness Appendix, Data page, earlier NBER Working Paper version. Media: Slate, the Atlantic

Intertemporal Substitution and Risk Aversion, with Lars Hansen, John Heaton, and Junghoon Lee, Handbook of Econometrics, volume 6, 2007.

 

Working Papers:

Houses as ATMs? Mortgage Refinancing and Macroeconomic Uncertainty, with Hui Chen and Michael Michaux

Commodity Trade and the Carry Trade: a Tale of Two Countries, with Robert Ready and Colin Ward - Best Paper Prize, 2014 Utah Winter Finance Conference Data Appendix

Human Capital Investment and Portfolio Choice over the Life-Cycle, first draft: March 2004.

 

Research in Progress:

Private Risk-taking and Social Rewards

 
 

Teaching:

FNCE 235/725 Fixed Income Securities (Spring 2014)

Syllabus ***updated January 15, 2014***