lslfi

Department of Finance

Linda Sandris
Larsen
Associate professor


Room: SOL/A5.07
Tel:
+4538153690
E-mail: lsl.fi@cbs.dk
Presentation

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.

Primary research areas
  • Asset Allocation
  • Household Finance
  • Mortgage choice
  • Model and parameter uncertainty
  • Asset Pricing

 

Administrative tasks


Links
Link to this homepage
www.cbs.dk/en/staff/lslfi
Courses


Supervision


Other teaching activities


Selected publications
  • 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
Publications sorted by:
2019
Nicole Branger; Linda Sandris Larsen; Claus Munk / Hedging Recessions
Paper presented at Midwest Finance Association 2019 Annual Meeting , 2019
Paper > peer review
Nicole Branger; Linda Sandris Larsen; Claus Munk / Hedging Recessions
In: Journal of Economic Dynamics and Control, Vol. 107, 10.2019
Journal article > peer review
2018
Nicole Branger; Linda Sandris Larsen; Claus Munk / Hedging Recessions
Paper presented at 25th Annual Meeting of the German Finance Association. DGF 2018, 2018
Paper > peer review
Academic Interests


Research Projects
Outside activities
  • Boardmember at Sydinvest
  • Censor
  • External assessment committee member at PhD thesis
  • External assessment committee member at academic positions at other universities