Finance
Finance is the field within economics that studies how financial frictions affect economic outcomes. In particular, it aims to understand how markets, corporations, and intermediaries behave as a result of these frictions. Researchers in the Finance field at Tinbergen Institute conduct both empirical and theoretical research in all major fields of finance, including asset pricing, corporate finance, financial institutions, behavioral finance, financial econometrics, and market microstructure.
Finance
Finance is the field within economics that studies how financial frictions affect economic outcomes. In particular, it aims to understand how markets, corporations, and intermediaries behave as a result of these frictions. Researchers in the Finance field at Tinbergen Institute conduct both empirical and theoretical research in all major fields of finance, including asset pricing, corporate finance, financial institutions, behavioral finance, financial econometrics, and market microstructure.
Researchers in this field
Fellows and Faculty
Fellows and Faculty
PhD Students
PhD Students
Key Publications
Boot, A. and Vladimirov, V. (2025). Disclosure, Patenting, and Trade Secrecy Journal of Accounting Research, 63(1):5--65.
Golez, B. and Koudijs, P. (2025). Equity duration and predictability Journal of Financial Economics, 172:.
Goyal, A., Reed, \AdamV.\, Smajlbegovic, E. and Soebhag, A. (2025). Stealthy shorts: Informed liquidity supply Journal of Financial Economics, 172:.
Perotti, E. and Terovitis, S. (2025). Achieving safety: Personal, private, and public provision Journal of Economic Theory, 224:.
Kučinskas, S. and Peters, F. (2024). Measuring Under- and Overreaction in Expectation Formation Review of Economics and Statistics, 106(6):1620--1637.
Discussion Papers
25-070/IV - What should we say, when we talk about financial stability with the public?
Date: December 11, 2025
25-058/IV - Carry Trade and Currency Crash Risk
Date: October 10, 2025
25-059/IV - On the Limits of Hedging Inflation Risk in Investment Portfolios
Date: October 10, 2025
25-040/IV - Sinking Land, Sinking Prices? Land Subsidence, Flood Risk, and Property Prices
Date: June 26, 2025
24-050/IV - On Bubbles in Cryptocurrency Prices
Date: August 06, 2024
Upcoming events
PhD Defense
| Amsterdam | 16:00 - 18:00
Essays in Stochastic Modeling with Applications to Economics
Xu Lin
- PhD Defense
Seminar
| Amsterdam | 12:45 - 14:00
Title to be announced
Andreas Fuster (Swiss Finance Institute @ EPFL, Switzerland)
- TI Finance Research Seminars
PhD Defense
| Amsterdam | 11:45 - 14:00
Econometric Analyses of Financial Markets: Essays on Market Microstructure
Ion Lucas Saru
- PhD Defense
PhD Defense
| Amsterdam | 10:00 - 12:00
The Rate of Collateral Reuse Within the Financial System
Magdalena Donohue
- PhD Defense
Seminar
| Rotterdam | 11:30 - 12:30
Title to be announced
Dmitry Kuvshinov (Universitat Pompeu Fabra, Spain)
- Research on Monday
Academic Distinctions
May 19, 2025
Rex Wang Renjie receives an NWO Open Competition SSH XS grant...
Rex Wang Renjie
July 17, 2024
Matthijs Korevaar receives Veni grant for research on rental...
Matthijs Korevaar
September 08, 2023
Best paper award for Lucas Saru and Albert J. Menkveld
Albert J. Menkveld,Ion Lucas Saru