Nikolai Roussanov

Assistant Professor of Finance

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

CV

Publications:

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 (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:

Counter-cyclical Currency Risk Premia, with Hanno Lustig and Adrien Verdelhan, current draft: January 2012. Supplementary Appendix.

Status, Marriage, and Managers' Attitudes to Risk, with Pavel Savor. Media: Bloomberg View, CNBC, Fortune, Business Day PM live interview on BNN (Toronto), CNBC, the Economist

Composition of Wealth, Conditioning Information, and the Cross-Section of Stock Returns, first draft: November 2004, current draft: June 2010.

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

Research in Progress:

Private Risk-taking and Social Rewards

Houses as ATMs? Mortgage Refinancing and Macroeconomic Uncertainty, with Hui Chen and Michael Michaux (coming soon)

Teaching:

FNCE 235/725 Fixed Income Securities (Fall 2011)

Syllabus ***updated August 11, 2011***