Welcome!
My name is Kristy Jansen, Assistant Professor of Finance and Business Economics at USC Marshall, a Research Affiliate at CEPR, and external researcher at the Dutch Central Bank.*
My research interests are in non-bank financial intermediation, asset pricing, and macro-finance. I study how institutional investors’ incentives, mandates, and constraints shape asset demand and financial markets. A central focus of my recent work is U.S. and global government bond markets, including how investor demand and policy interventions affect prices and market functioning.
Within this broader agenda, I study pension funds as an important class of institutional investors, focusing on how their liquidity needs and liability structures shape portfolio decisions and feed back into financial markets.
*Views expressed are my own and do not necessarily reflect official positions of De Nederlandsche Bank or the Eurosystem.
Upcoming events: UW Summer Finance Conference, EFA, PIMCO (seminar), Stanford SITE (fiscal sustainability), Notre Dame Investment Management Conference, RAPS/RCFS Europe Conference, Central Bank of Chile, Cornell SC Johnson College of Business (seminar), AIM Investment Conference (UT Austin), Annual Conference on Macro-Finance Research (SF Fed).