Juliane Begenau

Juliane Begenau
Assistant Professor, Finance
Contact Info
Business School Trust Faculty Scholar for 2019-2020
Academic Area: 

Research Interests

  • Financial Institutions
  • Macroeconomics
  • Financial Markets


Juliane Begenau is an Assistant Professor of Finance at the 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 Ph.D. in economics at Stanford University. Her undergraduate degree, also in economics, is from Humboldt University in Berlin.

Academic Degrees

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

Academic Appointments

  • Assistant Professor, Stanford Graduate School of Business, 2017-present
  • Assistant Professor, Harvard Business School, 2014-2017
  • Research Affiliate, Center for Economic Policy Research (CEPR), 2019-present
  • Faculty Research Fellow, National Bureau of Economic Research, 2016-present

Awards and Honors

  • GSB Trust Faculty Scholar, 2018-2019
  • 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, 2013-2014
  • B.F. Haley and E.S. Shaw Fellowship, (stipend and tuition), Stanford University, 2013
  • Kohlhagen Fellowship, Stanford University, 2012-2013
  • George P. Schultz Scholar, Stanford University, 2010
  • Barbara Finberg Fellowship, Stanford University, 2008-2009


Journal Articles

Juliane Begenau, Juliana Salomao. Review of Financial Studies. April 2019, Vol. 32, Issue 4, Pages 1235-1274.
Juliane Begenau. Journal of Financial Economics (accepted). 2019.
Juliane Begenau, Maryam Farboodi, Laura Veldkamp. Journal of Monetary Economics. August 2018, Vol. 97, Pages 71-87.

Book Chapters

Juliane Begenau, Monika Piazzesi, Martin K. Schneider. Risk Topography: Systemic Risk and Macro Modeling. University of Chicago Press, 2014, Pages 57-64.

Working Papers

Banks Adjust Slowly: Evidence and Lessons for Modeling | PDF
Juliane Begenau, Saki Bigio, Jeremy Majerovitz, April 2019
Financial Regulation in a Quantitative Model of the Modern Banking System | PDF
Juliane Begenau, Tim Landvoigt, September 2018
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


Degree Courses


This course covers the foundations of finance with an emphasis on applications that are vital for corporate managers. We will discuss many of the major financial decisions made by corporate managers, both within the firm and in their interactions...

This course provides an introduction to empirical research in corporate finance, with an emphasis on the application of cross-sectional and panel data econometric techniques for causal inference. Topics include investment policy, entrepreneurship...

Conferences, Talks, and Speaking Engagements

In the Media

Bloomberg Opinion Quint, March 18, 2018
Bloomberg Opinion, February 7, 2018
Bloomberg Opinion, July 14, 2015

Insights by Stanford Business

July 2, 2019
Escape the heat with books recommended by Stanford business professors.
October 19, 2018
The growth gap is widening between large and small companies. A new study offers a surprising explanation.

School News

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