Juliane Begenau

Associate Professor of Finance
Botha-Chan Faculty Scholar for 2024–2025
Academic Area:
Finance
Personal Website

Bio

Juliane Begenau is an associate professor of finance at Stanford Graduate School of Business. Prior to that, she taught at Harvard Business School. She is also a faculty research fellow at the National Bureau of Economic Research and a research affiliate at CEPR. Her research focus is the interplay of the real economy with financial markets and financial institutions. Begenau earned her PhD in economics at Stanford University. Her undergraduate degree, also in economics, is from Humboldt University in Berlin.
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Research Interests

  • Financial Institutions
  • Macroeconomics
  • Financial Markets
  • Public Pensions

Academic Degrees

  • PhD, Economics, Stanford University, 2014
  • Economics, Humboldt-University of Berlin, 2008

Academic Appointments

  • Associate Professor, Stanford Graduate School of Business, 2021–present
  • Research Affiliate, Center for Economic Policy Research (CEPR), 2019–present
  • Faculty Research Fellow, National Bureau of Economic Research, 2016–present
  • Assistant Professor, Stanford Graduate School of Business, 2017–21
  • Assistant Professor, Harvard Business School, 2014–17
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Awards and Honors

  • Botha-Chan Faculty Scholar for 2023–24
  • Business School Trust Faculty Scholar for 2019–20
  • GSB Trust Faculty Scholar for 2018–19
  • WFA Award for the Best Paper on Financial Institutions for “Financial Regulation in a Quantitative Model of the Modern Banking System”, 2016
  • MFM dissertation grant from the Alfred P. Sloan Foundation, University of Chicago, 2013–14
  • B.F. Haley and E.S. Shaw Fellowship, (stipend and tuition), Stanford University, 2013
  • Kohlhagen Fellowship, Stanford University, 2012–13
  • George P. Schultz Scholar, Stanford University, 2010
  • Barbara Finberg Fellowship, Stanford University, 2008–09
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Journal Articles

Fee Variation in Private Equity
Juliane Begenau, Emil N. Siriwardane
The Journal of Finance
 February 2024
Financial Regulation in a Quantitative Model of the Modern Banking System
Juliane Begenau, Tim Landvoigt
The Review of Economic Studies
 July 2022 Vol. 89 Issue 4 Pages 1748–1784
Firm Selection and Corporate Cash Holdings
Juliane Begenau, Berardino Palazzo
Journal of Financial Economics
 March 2021 Vol. 139 Issue 3 Pages 697–718
Firm Financing Over the Business Cycle
Juliane Begenau, Juliana Salomao
Review of Financial Studies
 April 2019 Vol. 32 Issue 4 Pages 1235-1274
Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model
Juliane Begenau
Journal of Financial Economics (accepted)
 2019
Big Data in Finance and the Growth of Large Firms
Juliane Begenau, Maryam Farboodi, Laura Veldkamp
Journal of Monetary Economics
 August 2018 Vol. 97 Pages 71-87
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Working Papers

Unstable Inference from Banks' Stable Net Interest Margins
PDF
Juliane Begenau, Erik Stafford April 1, 2022
How do Private Equity Fees Vary across Public Pensions?
PDF
Juliane Begenau, Emil Siriwardane March 2022
Banks Adjust Slowly: Evidence and Lessons for Modeling
PDF
Juliane Begenau, Saki Bigio, Jeremy Majerovitz April 2019
Do Banks have an Edge?
PDF
Juliane Begenau, Erik Strafford May 2018
Firm Selection and Corporate Cash Holdings
PDF
Juliane Begenau, Berardino Palazzo March 2017
Bank's Risk Exposure
PDF
Juliane Begenau, Monika Piazzesi, Martin K. Schneider July 2015
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Book Chapters

Remapping the Flow of Funds
Juliane Begenau, Monika Piazzesi, Martin K. Schneider
Risk Topography: Systemic Risk and Macro Modeling
 2014 Pages 57-64

Degree Courses

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In the Media

Insights by Stanford Business

12 of Our Favorite Research Stories of 2023
December 05, 2023
New ideas never go out of season.
What Are Finance Experts Keeping an Eye On?
May 01, 2023
From VC and ESG to China and crypto — the topics and trends that professors are watching most closely.
Experts Discuss the State of U.S. Banking After the Silicon Valley Bank Collapse
March 15, 2023
Four finance professors talk about the ongoing risks banks face and the consequences of backstopping uninsured deposits.
What Public Pensions Pay When They Chase Private Equity
November 11, 2022
New research provides a glimpse into the opaque world of private market funds and their fee structures.
Why Banks Could Learn to Love Tougher Regulations
January 21, 2021
A new study finds that higher capital requirements could leave banks with more money to lend.
What to Read This Summer
July 02, 2019
Escape the heat with books recommended by Stanford business professors.
Big Data Is Giving an Edge to Big Companies
October 19, 2018
The growth gap is widening between large and small companies. A new study offers a surprising explanation.
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School News

New Faculty and Electives Enrich Student Experience
September 19, 2017
The return of the school year welcomes new tenure-line faculty and lecturers, plus new electives to broaden the student experience.
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