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Since 2012 Columbia University, Graduate School of Business, New York, USA
Associate Professor of Finance, Department of Economics and Finance
Since 2008 Columbia University, Graduate School of Business, New York, USA
Assistant Professor of Finance, Department of Economics and Finance
2005 – 2008 London Business School, London, United Kingdom
Assistant Professor of Finance, Finance Department


2000-2005 University of California at Berkeley, Haas School of Business, USA
Ph.D. in Finance, awarded May 2005
1999-2000 Norwegian University of Science and Technology, Institute of
Management Science, Norway
    Sivilingeniør, awarded May 1999. Visiting student at the Department of Economics in 1997 – 1998, University of California, Berkeley, USA


2001-2003 Consultant, Risk Management and Asset Allocation for Institutional Investors, summers 2001, 2002, 2003, at Carnegie Asset Management
1999-2000 Quantitative Analysis, Carnegie Asset Management, Norway


“Limits to Arbitrage and Hedging: Evidence from Commodity Markets,” January 2013. Joint with Viral Acharya and Tarun Ramadorai. Accepted at the Journal of Financial Economics.

“Investor Inattention and the Market Impact of Summary Statistics,” with Thomas Gilbert, Shimon Kogan, and Ataman Ozyildirim. Special Issue on Behavioral Economics and Finance, Management Science 2012 (58), pp
336 - 350

“Long-Run Risk through Consumption Smoothing” (with Georg Kaltenbrunner), December 2008. The Review of Financial Studies, 2010 (23), pp 3141 - 3189.

“Expected Returns and the Business Cycle: Heterogeneous Goods and Time-Varying Risk Aversion”. The Review of Financial Studies, 2009 (22), pp 5251 - 5294.

"Estimation of a Stochastic-Volatility Jump-Diffusion Model" with Professor Roger Craine and Knut Syrtveit, Revista de Analisis Economico, 2000, 15:61-87


“Learning about Consumption Dynamics,” with Michael Johannes and Yiqun Mou. September 2010.

“Parameter Learning in General Equilibrium: The Asset Pricing Implications,” February 2013. Joint with Pierre Collin-Dufresne and Michael Johannes.


2013: University of California at Davis, Stanford, UBC Winter Finance conference.

2012: NBER fall AP meeting at Stanford (discussant), CITE (Chicago Initiative in Theory and Empirics) conference at Chicago, NBERSummer Institute Asset Pricing Meeting, Mitsui Macro-Finance Conference at University of Michigan (best discussant award), AFA meetings in Chicago (two discussions), University of California at Los Angeles, University of Minnesota, University of Oslo, Norwegian Central Bank.

2011: AFA meetings in Denver, NBER Asset Pricing Meeting (Chicago), Norwegian School of Economics (NHH), Oxford University Conference on New Energy Markets, SED meetings in Ghent, University of Texas at Austin, University of Wisconsin at Madison, WFA (two discussions).

2010: AFA meetings in Atlanta, CEPR Asset Pricing Week in Gerzensee (presentation) 2009: University of Stavanger, ESSEC (Paris), EFA meetings in Bergen, WFA (discussant), SED meeting in
Istanbul, Princeton University, Baruch College

2009: University of Stavanger, ESSEC (Paris), EFA meetings in Bergen, WFA (discussant), Princeton University, Baruch College

2008: CEPR Gerzensee (discussion), FMG Conference at LSE (discussant), University of Amsterdam, UBC Winter Conference, European Central Bank.

2007: ASAP conference (Imperial College, LBS, LSE, and Oxford), EFA meetings in Ljubljana, NBER Summer Meetings in Asset Pricing, Norwegian Central Bank, SED meetings in Prague, Stockholm School of Economics, WFA meetings at Big Sky, Wharton School of Business, Econometric Society (Duke).

2006: ASAP conference at Oxford, Carnegie-Mellon University, EFA meetings in Zurich (discussion), EFMA Conference on Behavioral Finance in Durham, HEC Lausanne, Tilburg University.

2005: Boston College, Carnegie-Mellon University, Columbia University, London
Business School, Norwegian School of Economics, Oslo School of Management (BI), Stanford University, University of British Columbia, University of California at Berkeley, University of Southern California, University of Washington at Seattle, and the Western Finance Association (WFA) 2005 meetings.


Columbia Business School
2009, 2010, 2012 Option Markets (MBA)
2010 Theoretical Finance (Ph.D)

London Business School
2007, 2008 Empirical Finance (Ph.D.)
2007, 2008 Options and Futures (MBA, Masters in Finance)
2006, 2007 Foundations of Finance (core course in Masters in Finance program)


I teach a 5-day PhD workshop in empirical asset pricing at the Norwegian School of Economics (NHH).


Referee: American Economic Review, Journal of Banking and Finance, Journal of Business Economics and Statistics, Journal of Econometrics, Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Monetary Economics, Journal of Political Economy, Management Science, Macroeconomic Dynamics, Mathematics and Financial Economics, Review of Economic Dynamics, Review of Economic Studies, Review of Financial Studies
Affiliations: American Finance Association, Inquire U.K. Program Committee (2007-2008)
Service: Program committee member WFA 2010, 2011, 2013; EFA 2009, 2011, 2012, 2013
Languages: English (fluent), Norwegian (native)
Citizenships: Norwegian