Center for Financial Frictions

Past Top Finance Graduate Awards

FRIC organizes an annual award event: The AQR Top Finance Graduate Award at CBS, which is given to the most promising finance PhD graduates of the year. You can find the previous winners of the award below.

AQR Top Finance Graduate Award at CBS

The AQR Top Finance Graduate Award is a yearly event hosted and organized by Center for Financial Frictions (FRIC) and the Department of Finance at Copenhagen Business School. The award recognizes the most promising finance PhD graduates of the year. Specifically, the award recognizes the graduates specializing in financial economics pursuing degrees in any field of study, e.g. business or economics, whose dissertation and broader research potential carry the greatest promise of making an impact on the finance practice and academia.

The event is sponsored by AQR Capital Management.

 

AQR Top Finance Graduate Award at CBS 2020

AQR Top Finance grad award winners 2020

Winners 2020

  • Samuel Antill, PhD from Stanford Graduate School of Business: Do the Right Firms Survive Bankruptcy?
  • Nuno Clara, PhD from London Business School: Demand Elasticities, Nominal Rigidities and Asset Prices
  • Christopher Clayton, PhD from Harvard University: Multinational Banks and Financial Stability
  • Rebecca De Simone, PhD from Columbia Business School: Financial and Real Effects of Government Monitoring: Evidence from Commercial Bank Loans
  • Huan Tang, PhD from HEC Paris: The Value of Privacy: Evidence from Online Borrowers
  • Quentiwn Vandeweyer, PhD from Sciences Po Paris: Treasury Debt and the Pricing of Short-Term Assets

The Award ceremony took place online on September 21, 2020.

 

AQR Top Finance Graduate Award at CBS 2019

AQR Top Finance Graduate Award winners 2019

Winners 2019

  • Gregory Buchak, PhD from University of Chicago, Booth School of Business: Financing the Gig Economy. Placement: Assistant Professor of Finance at the Stanford Graduate School of Business
  • Lorena Keller, PhD from Northwestern University, Kellogg School of Management: Capital Controls and Risk Misallocation: Evidence from a Natural Experiment. Placement: Assistant Professor at The Wharton School at the University of Pennsylvania
  • Claudia Robles Garcia, PhD from London School of Economics: Competition and Incentives in Mortgage Markets: The Role of Brokers. Placement: Assistant Professor at the Stanford Graduate School of Business
  • Olivier Wang, PhD from MIT Economics: Banks, Low Interest Rates, and Monetary Policy Transmission. Placement: Assistant Professor at NYU Stern
  • Chenzi Xu, PhD from Harvard University: Reshaping Global Trade: The Immediate and Long-Run Effects of Bank Failures. Placement: a postdoctoral fellow at Dartmouth College and joining the Stanford University Graduate School of Business in 2020
  • Anthony Lee Zhang, PhD from Stanford Graduate School of Business: Competition and Manipulation in Derivative Contract Markets. Placement: Assistant Professor at the University of Chicago, Booth School of Business

The Award ceremony took place at The Royal Danish Academy of Sciences and Letters on June 17, 2019.

 

AQR Top Finance Graduate Award at CBS 2018

AQR TFGA Winners 2018

Winners 2018

  • Laura Blattner, PhD from Harvard University: When Losses Turn Into Loans: The Cost of Undercapitalized Banks. Placement:  Assistant Professor at the Stanford Graduate School of Business
  • Emanuele Colonnelli, PhD from Stanford University:Corruption And Firms: Evidence From Randomized Audits In Brazil. Placement: Assistant Professor at The University of Chicago, Booth School of Business
  • Niels Joachim Gormsen, PhD from Copenhagen Business School: Time Variation of the Equity Term Structure. Placement: Assistant Professor at the University of Chicago, Booth School of Business
  • Kilian Huber, PhD from London School of Economics:Are Bigger Banks Better? Firm-Level Evidence from Germany. Placement: Assistant Professor at Booth School of Business, University of Chicago
  • Yiming Ma, PhD from Stanford Graduate School of Business: Intermediation in the Interbank Lending Market. Placement:  Assistant Professor at Columbia Business School.
  • Yueran Ma, PhD from Harvard University:Low Interest Rates and Risk Taking: Evidence from Individual Investment Decisions. Placement: Assistant Professor at the University of Chicago Booth School of Business
  • Scott Nelson, PhD from MIT Economics:Private Information and Price Regulation in the US Credit Card Market. Placement: Assistant Professor at the University of Chicago Booth School of Business

The Award ceremony took place at CBS on June 8, 2018.

AQR Top Finance Graduate Award at CBS 2017

AQR TFGA Winners 2017

Winners 2017

  • Simona Abis, PhD from INSEAD: Man vs. Machine: Quantitative and Discretionary Equity Management. Placement: Assistant Professor at Columbia Business School.
  • Jessica Jeffers, PhD from the University of Pennsylvania, The Wharton School: The Impact of Restricting Labor Mobility on Corporate Investment and Entrepreneurship. Placement: Assistant Professor at The University of Chicago (Booth).
  • Moritz Lenel, PhD from Stanford University: Safe Assets, Collateralized Lending and Monetary Policy. Placement Research Fellow at the Becker Friedman Institute at the University of Chicago, will join Princeton in 2018.
  • Pascal Noel, PhD from Harvard University: The Effect of Debt on Default and Consumption: Evidence from Housing Policy in the Great Recession. Placement: Assistant Professor at The University of Chicago (Booth).
  • Emily Williams, PhD from London Business School: Monetary Policy Transmission and the Funding Structure of Banks. Placement Assistant Professor at Harvard Business School.
  • Alexander K. Zentefis, PhD from University of Chicago, Booth School of Business: Bank Net Worth and Frustrated Monetary Policy. Placement: Assistant Professor at Yale School of Management.
     

The 2017 awards were presented by Award Selection Committee member Ralph Koijen from New York University, Stern School of Business.
The Award ceremony took place at CBS on May 29, 2017.

 

AQR Top Finance Graduate Award at CBS 2016

Winners AQR Top Finance Graduate Award 2016

Winners 2016

  • Asaf Bernstein, PhD from MIT Sloan School of Management: Household Debt Overhang and Labor Supply. Placement: Assistant Professor at University of Colorado Boulder, Leeds School of Business.
  • Arpit Gupta, PhD from Columbia Business School: Foreclosure Contagion and the Neighborhood Spillover Effects of Mortgage Defaults. Placement: Assistant Professor at New York University, Stern School of Business.
  • Elisabeth Kempf, PhD from Tilburg University: The Job Rating Game: The Effects of Revolving Doors on Analyst Incentives. Placement: Assistant Professor at The University of Chicago, Booth School of Business.
  • Song Ma, PhD from Duke University’s Fuqua School of Business: The Life Cycle of Corporate Venture Capital. Placement: Assistant Professor at Yale School of Management.
  • David Schoenherr, PhD from London Business School: Political Connections and Allocative Distortions. Placement: Assistant Professor at Princeton University.
  • Michael Schwert, PhD from Stanford Graduate School of Business: Bank Capital and Lending Relationships. Placement: Assistant Professor at The Ohio State University, Fisher College of Business.

The Award ceremony took place at CBS on May 30, 2016.
 

AQR Top Finance Graduate Award at CBS 2015

Winners 2015

Winners 2015

  • Svetlana Bryzgalova, PhD from London School of Economics: Spurious Factors in Linear Asset Pricing Models. Placement: Assistant Professor at Stanford Graduate School of Business
  • Benjamin Hébert, PhD from Harvard University: Moral Hazard and the Optimality of Debt. Placement: Assistant Professor at Stanford Graduate School of Business
  • Sabrina Howell, PhD from Harvard University: Financing Constraints as Barriers to Innovation: Evidence from R&D Grants to Energy Startups. Placement: Assistant Professor at New York University Stern School of Business
  • Lawrence Jin, PhD from Yale School of Management: A Speculative Asset Pricing Model of Financial Instability. Placement: Assistant Professor at California Institute of Technology
  • Lawrence Schmidt, PhD from University of California, San Diego: Climbing and Falling Off the Ladder: Asset Pricing Implications of Labor Market Event Risk. Placement: Assistant Professor at the University of Chicago
  • Emil Siriwardane, PhD from NYU Stern School of Business: Concentrated Capital Losses and the Pricing of Corporate Credit Risk. Placement: Assistant Professor at Harvard Business School

The Award ceremony took place at CBS on June 11, 2015.


Top Finance Graduate Award 2014

Top Finance Graduate Award Winners 2014

Winners 2014

  • Eduardo Dávila, PhD from Harvard University: Optimal Financial Transaction Taxes. Placement: Assistant Professor at New York University, Stern School of Business
  • Maryam Farboodi, PhD from University of Chicago Booth School of Business and Department of Economics: Intermediation and Voluntary Exposure to Counterparty Risk. Placement: Assistant Professor at Princeton University
  • François Geerolf, PhD from Sciences Po Paris: A Theory of Power Law Distributions for the Returns to Capital and of the Credit Spread Puzzle. Placement: Assistant Professor at University of California, Los Angeles (UCLA)
  • Boris Vallée, PhD from HEC Paris: Catering to Investors through Product Complexity. Placement: Assistant Professor at Harvard Business School
  • Victoria Vanasco, PhD from University of California, Berkeley: Information Acquisition vs. Liquidity in Financial Markets. Placement: Assistant Professor at Stanford Graduate School of Business
  • Michael Weber, PhD from University of California, Berkeley, Haas School of Business: Nominal Rigidities and Asset Pricing. Placement: Assistant Professor at University of Chicago, Booth School of Business

The 2014 awards were presented by Award Selection Committee member John Campbell from Harvard University.
The Award ceremony took place at CBS on June 4, 2014

 

Top Finance Graduate Award 2013

Top Finance Graduate Award Winners 2013

Winners 2013

  • Jean-Noël Barrot, PhD from HEC Paris School of Management: Financial Strength and Trade Credit Provision: Evidence from Trucking Firms. Placement: Assistant Professor at MIT Sloan School of Management
  • Gabriel Chodorow-Reich, PhD from University of California, Berkeley: The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008-09 Financial Crisis. Placement: Assistant Professor at Harvard University
  • Timothy J. McQuade, PhD from Harvard University: Stochastic Volatility and Asset Pricing Puzzles. Placement: Assistant Professor at Stanford Graduate School of Business
  • Marina Niessner, PhD from University of Chicago: Strategic Disclosure Timing and Insider Trading. Placement: Assistant Professor at Yale School of Management
  • Felipe Varas, PhD from Stanford Graduate School of Business: Contracting Timely Delivery with Hard to Verify Quality. Placement: Assistant Professor at Fuqua School of Business, Duke University

The 2013 awards were presented by Lars Rohde, Chairman of the Board of Governors of Danmarks Nationalbank.
The Award ceremony took place at CBS on May 31, 2013

The page was last edited by: Center for Financial Frictions // 09/25/2020

FRIC logo

Contact

Center for Financial Frictions (FRIC)
Copenhagen Business School
Solbjerg Plads 3
2000 Frederiksberg
Email: fric@cbs.dk