Peter A.E. Koudijs

Peter   Koudijs
Associate Professor, Finance
Contact Info
PeterA.E.Koudijs
Academic Area: 
Finance

Research Statement

Peter Koudijs specializes in the history of financial markets. In his research Peter studies relevant historical cases which yield important lessons for the world of today. In recent work he has used a unique natural experiment from the 18th century to study the role of news in financial markets and the impact of insider trading. In other work he looks at the impact of fire sales on asset prices, the functioning of repo markets, and the foundations of sovereign debt markets and international borrowing.

Bio

Peter Koudijs is an Associate Professor of Finance at the Stanford Graduate School of Business where he teaches History of Financial Crises in the MBA program. He joined the GSB in August 2011. Peter received a Bachelor’s degree, cum laude, in Economics from the University of Utrecht in the Netherlands. He earned a PhD degree, summa cum laude, in Economics at Universitat Pompeu Fabra in Spain in 2011. Peter has obtained various grants and fellowships from the European Union, the Economic History Association and different Dutch and Spanish scholarship programs.

Academic Degrees

  • Ph.D., Economics, Finance and Management, Universitat Pompeu Fabra, 2006-2011
  • Visiting student, UC Berkeley, 2008-2009
  • MSc., Economics and Business, Universitat Pompeu Fabra, 2005-2006
  • Drs. (MA), Economics, University of Utrecht, 1999-2005

Academic Appointments

  • Associate Professor of Finance, Stanford GSB, 2016-present
  • Associate Professor of Economics (by courtesy), Stanford School of Humanities and Sciences, 2016-present
  • NBER Faculty Research Fellow (Asset Pricing), 2012-present
  • Affiliated Faculty, Stanford Center for International Development, 2016-present
  • Assistant Professor of Finance, Stanford GSB, 2011-2016
  • Assistant Professor of Economics (by courtesy), Stanford School of Humanities and Sciences, 2012-2016

Awards and Honors

  • MBA Class of 1969 Faculty Scholar, 2016-2017
  • Fletcher Jones Faculty Scholar, Stanford Graduate School of Business, 2014-2015

Publications

Journal Articles

Benjamin Golez, Peter A.E. Koudijs. Journal of Financial Economics. February 2018, Vol. 127, Issue 2, Pages 248-263.
Peter A.E. Koudijs. Journal of Finance. June 2016, Vol. 71, Issue 3, Pages 1185-1226.
Peter A.E. Koudijs. Journal of Political Economy. December 2015, Vol. 123, Issue 6, Pages 1356-1409.

Working Papers

For Richer, for Poorer Banker's Liability and Risk Taking in New England, 1867-1880 | PDF
Peter A.E. Koudijs, Laura Salisbury, Gurpal Sran, March 282018
Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending | PDF
Peter A.E. Koudijs, Hans-Joachim Voth, February 272014

Teaching

Degree Courses

2018-19

Financial crises are as old as financial markets themselves. There are many similarities between historical events. The crisis of 2008, for example, is far from unique. More often than not financial crises are the result of bubbles in certain...

This course continues F620 and covers a number of main concepts in market microstructure. Among the topics that are covered are (i) Rational Expectations models and their foundations (ii) strategic trading models (iii) models of market and...

2017-18

This course continues F620 and covers a number of main concepts in market microstructure. Among the topics that are covered are (i) Rational Expectations models and their foundations (ii) strategic trading models (iii) models of market and...

2016-17

Financial crises are as old as financial markets themselves. There are many similarities between historical events. The 2007/8 credit crisis, for example, is far from unique. More often than not financial crises are the result of bubbles in...

This course continues F620 and covers a number of main concepts in market microstructure. Among the topics that are covered are (i) Rational Expectations models and their foundations (ii) strategic trading models (iii) models of market and...

Insights by Stanford Business

June 1, 2018
A study of 19th-century marital laws shows banks are better off when managers are held liable for bad investments.
December 15, 2014
Learn more about risk and other related topics.
December 11, 2014
From outer space to the boardroom, risk is all around us.
November 24, 2014
Economies all over the world have strained and burst throughout history.
December 2, 2013
A lesson on post-crisis financial stress disorder from 18th century Amsterdam.