Jules H. van Binsbergen
Associate Professor of Finance
Spence Faculty Scholar for 2013-14
Phone: (650) 721-1353
Personal Homepage: http://faculty-gsb.stanford.edu/vanbinsbergen/index.html
Academic Areas: Finance
Professor van Binsbergen conducts theoretical and empirical research in finance. His current work focuses on asset pricing, in particular the relationship between financial markets and the macro economy and the organization, skill and performance of financial intermediaries. Some of his recent research focuses on measuring the skill of mutual fund managers, the term structure of cash flow growth and stock return predictability and the implications of good-specific habit formation for asset prices. Professor van Binsbergen’s research has appeared in leading academic journals, such as the American Economic Review, the Journal of Finance and the Journal of Monetary Economics.
Jules van Binsbergen received a PhD degree in Finance from the Fuqua School of Business at Duke University in May 2008, and joined the faculty of Finance at the Stanford Graduate School of Business in June 2008. He holds a Master of Arts degree in Financial Econometrics from Tilburg University (the Netherlands). He has worked for the ABN AMRO Bank in Amsterdam, Goldman Sachs International in London and the Ministry of Finance of the Netherlands prior to obtaining his PhD degree.
PhD in Finance, Duke University, 2008; MA in Financial Econometrics, Tilburg University, 2002.
- Equity Yields: Journal of Financial Economics, 2013
- On the Timing and Pricing of Dividends: American Economic Review, 2012
- The Term Structure of Interest Rates in a DSGE Model with Recursive Preferences: Journal of Monetary Economics, 2011
- The Cost of Debt: Journal of Finance, 2010
- Predictive Regressions: A Present-Value Approach: Journal of Finance, 2010
- Optimal Decentralized Investment Management: Journal of Finance, 2008
- Assessing Asset Pricing Models using Revealed Preference
- Financial Valuation of PBGC Insurance with Market Implied Default Probabilities
- Measuring Managerial Skill in the Mutual Fund Industry
- Good-Specific Habit Formation and the Cross Section of Expected Returns
- Likelihood-Based Estimation of Exactly-Solved Present-Value Models
- Optimal Asset Allocation in Asset Liability Management
Awards and Honors
- Swiss Finance Institute Outstanding Paper Award for “On the Timing and Pricing of Dividends”, 2011
- Goldman Sachs Asset Management Award for "Predictive Regressions: A Present-Value Approach" with Ralph S.J. Koijen, 2008, Western Finance Association.
- Research Grant with Michael W. Brandt and Ralph S.J. Koijen, 2007, International Center for Pension Management.
- PhD Grant, 2003, Prins Bernhard Cultuurfonds.
- FINANCE 310: Managerial Finance - Advanced