lslfi
Department of Finance

My main research area is dynamic asset allocation. That is, I determine the optimal investment strategy in different financial assets like stocks, bonds, and derivatives over the life-cycle of the investor. Also, I am involved in several projects where we investigate the relationship between the mortgage choice of households and the households' other financial decisions regarding savings, investments, and consumption. Finally, I have some projects in which we investigate the effect of model- and parameter uncertainty on the optimal investment strategy.
I am a board member of Sydinvest (a Danish mutual fund) and a member of the working group on equal competition between banks and mortgage institutions appointed by the Ministry of Business and Growth.
- Asset Allocation
- Household Finance
- Mortgage choice
- Model and parameter uncertainty
- Asset Pricing
- Robust Portfolio Choice with Stochastic Interest Rates. C. R. Flor and L. S. Larsen. Annals of Finance 10 (2), pp. 243-265, 2014
- Robust Portfolio Choice with Uncertainty about Jump and Diffusion Risk. N. Branger and L. S. Larsen. Journal of Banking and Finance 37 (12), pp. 5036-5047, 2013
- Robust Portfolio Choice with Ambiguity and Learning about Return Predictability. N. Branger, L. S. Larsen, and C. Munk. Journal of Banking and Finance 37 (5), pp. 1397-1411, 2013
- The Costs of Suboptimal Dynamic Asset Allocation: General Results and Applications to Interest Rate Risk, Stock Volatility Risk and Growth/Value Tilts. L. S. Larsen and C. Munk. Journal of Economic Dynamics and Control 36 (2), pp. 266-293, 2012
- Optimal Investment Strategies in an International Economy with Stochastic Interest Rates. International Review of Economics and Finance 19 (1), pp. 145-165, 2010
In: Finance Research Letters, Vol. 47, 6.2022
In: Journal of Financial and Quantitative Analysis, 22.6.2022
Paper presented at Midwest Finance Association 2019 Annual Meeting , 2019
In: Journal of Economic Dynamics and Control, Vol. 107, 10.2019
Paper presented at 25th Annual Meeting of the German Finance Association. DGF 2018, 2018
København : Rig på viden 2022
Dårlig nyt for de selvstændige: Tvangsopsparing giver rigere pensionister
Ny forskning: Glem bekymringerne. De fleste danskere sparer rigeligt op til pension
De fleste danskere sparer nok op til pension
De fleste danskere sparer rigeligt op til pension
Danskerne blæser på renten på deres opsparing i banken
Kvinders pensionsvalg kan koste dem i alderdommen
Ny formand med rødder i matematikken
Boligejere med udskældte lån sparer mere fornuftigt op
- Boardmember at Sydinvest
- Censor
- External assessment committee member at PhD thesis
- External assessment committee member at academic positions at other universities