Research
Main Papers
Long-term Investors, Demand Shifts, and Yields (Job Market Paper)
Review of Financial Studies (conditionally Accepted)
Kristy A.E. Jansen
Presentations (main): AEA, Chicago Booth Asset Pricing Conference, EFA, Colorado Finance Summit, FIRS, SoFiE.
Awards: Colorado Finance Summit Best PhD Paper Award, Inquire Europe Research Prize, SoFiE Pre-Conference Best Paper Award, Inquire Europe Research Grant, Finalist at the ECB Young Economists’ Competition.
Pension Liquidity Risk
Kristy A.E. Jansen, Sven Klingler, Angelo Ranaldo, and Patty Duijm
Presentations: EFA 2024, NBER Pension Finance, Erasmus Liquidity Conference, Swiss Conference on Financial Intermediation 2024, Kentucky Finance Conference 2024, 3rd Edition Spring Finance Workshop 2024, MFA 2024, Bank of England, St Gallen, BIS, Arizona State University, University of Arizona, EIOPA-ECB Research Workshop on Insurance Companies and Pension Funds, PGGM, USC Marshall, DNB.
Awards: Inquire Europe Research Grant 2023
Media: Investment & Pensions Europe
Which Exchange Rate Matters to Global Investors?
Kristy A.E. Jansen, Hyun Song Shin, and Goetz von Peter
Presentations: EFA 2024, Conference on the International Roles of the U.S. Dollar 2024, Joint BIS, BoE, ECB and IMF Spillover Conference 2024, DNB, NFA, BIS.
Do Teams Alleviate or Exacerbate the Extrapolation Bias in the Stock Market?
Ricardo Barahona, Stefano Cassella, and Kristy A.E. Jansen
Presentations (main): NBER BF, AFA, SFS Cavalcade.
The Shadow Costs of Illiquidity
Kristy A.E. Jansen and Bas J.M. Werker
Journal of Financial and Quantitative Analysis, November 2022, 57(7), 2693-2723
Work-in-Progress
Granular Treasury Demand with Arbitrageurs
Kristy A.E. Jansen, Wenhao Li, and Lukas Schmid
Recipient of the NBER initiative on Market Frictions and Financial Risks Grant
Pension Funds and Liquidity Shocks
Aleksandar Andonov, Kristy A.E. Jansen, and Josh Rauh
Other papers (peer-reviewed)
A Survey of Institutional Investors’ Investment and Management Decisions on Illiquid Assets
with Patrick F.A. Tuijp, February 2021, Journal of Portfolio Management, 47(3), 135-153.
Pension Fund’s Illiquid Assets Allocation Under Liquidity and Capital Requirements
with Broeders, D.W.G.A. & Werker, B.J.M., January 2021, Journal of Pension Economics and Finance, 20(1), 102-124.