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Geert Bekaert
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  3. Geert Bekaert

Geert Bekaert

Professor of Business
Finance Division
Photo of Professor Geert Bekaert
Areas of Expertise
Asset Management, Globalization
Contact
Office: 1123 Kravis
Phone: (212) 8549156
E-mail: [email protected]
Links
Personal Website
Curriculum Vitae

Geert Bekaert is Professor of Finance and Economics at Columbia Business School Before joining Columbia, Geert was a tenured Associate Professor of Finance at the Graduate School of Business, Stanford University.   He received his Ph.D. from Northwestern University's Economics Department, with his dissertation winning the 1994 Zellner Thesis Award in Business and Economic Statistics. 

Geert Bekaert has published over 75 articles in the Journal of Finance, the Journal of Financial Economics, the Journal of Political Economy, the Review of Financial Studies and other academic journals. He is the managing editor for the Journal of Banking and Finance. 

Geert’s research focus spans international finance, empirical asset pricing, emerging markets, and investment and asset allocation problems. His research has been supported by two NSF grants.   

Geert has taught classes on International Financial Markets, Global Fixed Income, , Empirical Asset Pricing (for PhDs), Financial Time Series Econometrics, Capital Markets and Investments, Investment and Wealth Management and Asset Management.  With Robert Hodrick, he is the author of a textbook on International Financial Management. 

Geert consulted for several asset management firms, and  developed models for Financial Engines (taken private in 2018) and Betterment, both robo advisors. 

SSRN Profile
Google Scholar Profile

Education
Ph.D., Economics, Northwestern University, Evanston, Illinois
Joined CBS
1999

All Activities

  • Research
  • Teaching
  • Awards and Honors
  • Press
  • CaseWorks
  • Journal articles
  • Working papers
  • Articles
  • Books
  • Chapters
Journal Article
Bekaert, Geert, Eric Engstrom, and Andrey Ermolov
. “The Variance Risk Premium in Equilibrium Models.”
accepted by the Review of Finance
(Forthcoming).
Explore Further about The Variance Risk Premium in Equilibrium Models
Download PDF on The Variance Risk Premium in Equilibrium Models
Journal Article
Bekaert, Geert and Andrey Ermolov
. “International Yield Co-movements.”
accepted by the Journal of Financial and Quantitative Analysis
(Forthcoming).
Explore Further about International Yield Co-movements
Download PDF on International Yield Co-movements
Journal Article
Aloosh, Arash and Geert Bekaert
. “Currency Factors.”
Management Science
vol.
68
, no.
6
(June 01, 2022):
4042
-
4064
.
Explore Further about Currency Factors
Download PDF on Currency Factors
Journal Article
Bekaert, Geert, Eric Engstrom, and Andrey Ermolov
. “Macro Risks and the Term Structure of Interest Rates.”
Journal of Financial Economics
vol.
141
, no.
2
(August 01, 2021):
479
-
504
.
Explore Further about Macro Risks and the Term Structure of Interest Rates
Download PDF on Macro Risks and the Term Structure of Interest Rates
Journal Article
Bekaert, Geert, Eric Engstrom, and Nancy Xu
. “The Time Variation in Risk Appetite and Uncertainty.” (June 01, 2021).
Explore Further about The Time Variation in Risk Appetite and Uncertainty
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Journal Article
Bekaert, Geert and Roberto De Santis
. “Risk and Return in International Corporate Bond Markets.”
Journal of International Financial Markets, Institutions and Money
vol.
72
, (May 01, 2021):
1
-
32
.
Explore Further about Risk and Return in International Corporate Bond Markets
Download PDF on Risk and Return in International Corporate Bond Markets
Journal Article
Bekaert, Geert, Eric Engstrom, and Andrey Ermolov
. “Aggregate Demand and Aggregate Supply Effects of Covid-19: A Real-time Analysis.”
Covid Economics
vol.
25
, (June 03, 2020):
141
-
168
.
Explore Further about Aggregate Demand and Aggregate Supply Effects of Covid-19: A Real-time Analysis
Download PDF on Aggregate Demand and Aggregate Supply Effects of Covid-19: A Real-time Analysis
Journal Article
Bekaert, Geert and George Panayotov
. “Good Carry, Bad Carry.”
Journal of Financial and Quantitative Analysis
vol.
5
, (June 01, 2020):
1063
-
1094
.
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Journal Article
Baele, Leiven, Geert Bekaert , Koen Inghelbrecht, and Min Wei
. “Flights to Safety.”
The Review of Financial Studies
vol.
33
, no.
2
(February 01, 2020):
689
-
746
.
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Download PDF on Flights to Safety
Journal Article
Bekaert, Geert and Alexander Popov
. “On the Link between the Volatility and Skewness of Growth.”
IMF Economic Review
vol.
67
, no.
4
(December 01, 2019):
746
-
790
.
Explore Further about On the Link between the Volatility and Skewness of Growth
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Journal Article
Bekaert, Geert and Arnaud Mehl
. “On the Global Financial Market Integration 'Swoosh' and the Trilemma.”
Journal of International Money and Finance
vol.
94
, (June 01, 2019):
227
-
245
.
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Journal Article
Bekaert, Geert and Eric Engstrom
. “Asset Return Dynamics Under Habits and Bad-Environment Good-Environment Fundamentals.”
The Journal of Political Economy
vol.
125
, no.
3
(June 01, 2017):
713
-
760
.
Explore Further about Asset Return Dynamics Under Habits and Bad-Environment Good-Environment Fundamentals
Download PDF on Asset Return Dynamics Under Habits and Bad-Environment Good-Environment Fundamentals
Journal Article
Bekaert, Geert, Campbell Harvey, Christian Lundblad, and Stephan Siegel
. “Economic and Financial Integration in Europe.”
DICE Report
vol.
15
, no.
1
(April 07, 2017):
36
-
42
.
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Download PDF on Economic and Financial Integration in Europe
Journal Article
Bekaert, Geert, Kenton Hoyem, and Wei-Yin Hu
. “Who Is Internationally Diversified? Evidence from 296 401(k) Plans.”
Journal of Financial Economics
vol.
124
, (April 01, 2017):
86
-
112
.
Explore Further about Who Is Internationally Diversified? Evidence from 296 401(k) Plans
Download PDF on Who Is Internationally Diversified? Evidence from 296 401(k) Plans
Journal Article
Bekaert, Geert, Campbell Harvey, Andrea Kiguel, and Xiaozheng Wang
. “Globalization and Asset Returns.”
Annual Review of Financial Economics
vol.
8
, no.
1
(October 23, 2016):
221
-
288
.
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Download PDF on Globalization and Asset Returns
Journal Article
Bekaert, Geert and Marie Hoerova
. “What Do Asset Prices Have to Say About Risk Appetite and Uncertainty?”
Journal of Banking and Finance
vol.
67
, (June 01, 2016):
103
-
118
.
Explore Further about What Do Asset Prices Have to Say About Risk Appetite and Uncertainty?
Download PDF on What Do Asset Prices Have to Say About Risk Appetite and Uncertainty?
Journal Article
Bekaert, Geert, Campbell Harvey, Christian Lundblad, and Stephan Siegel
. “Political Risk and International Valuation.”
Journal of Corporate Finance
vol.
37
, (April 01, 2016):
1
-
23
.
Explore Further about Political Risk and International Valuation
Download PDF on Political Risk and International Valuation
Journal Article
Bekaert, Geert, Eric Engstrom, and Andrey Ermolova
. “Bad Environments, Good Environments: A Non-Gaussian Asymmetric Volatility Model.”
Journal of Econometrics
vol.
186
, (May 01, 2015):
258
-
275
.
Explore Further about Bad Environments, Good Environments: A Non-Gaussian Asymmetric Volatility Model
Download PDF on Bad Environments, Good Environments: A Non-Gaussian Asymmetric Volatility Model
Journal Article
Baele, Lieven, Geert Bekaert , Seonghoon Cho, Koen Inghelbrecht, and Antonio Moreno
. “Macroeconomic Regimes.”
Journal of Monetary Economics
vol.
70
, (March 01, 2015):
51
-
71
.
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Journal Article
Bekaert, Geert and Marie Hoerova
. “The VIX, the Variance Premium and Stock Market Volatility.”
Journal of Econometrics
vol.
183
, (December 01, 2014):
181
-
192
.
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Journal Article
Bekaert, Geert, Campbell Harvey, Christian Lundblad, and Stephan Siegel
. “Political Risk Spreads.”
Journal of International Business Studies
vol.
45
, (January 01, 2014):
471
-
493
.
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Download PDF on Political Risk Spreads
Journal Article
Bekaert, Geert, Marie Hoerova, and Marco Lo Duca
. “Risk, Uncertainty and Monetary Policy.”
Journal of Monetary Economics
vol.
60
, no.
7
(October 01, 2013):
771
-
788
.
Explore Further about Risk, Uncertainty and Monetary Policy
Download PDF on Risk, Uncertainty and Monetary Policy
Journal Article
Bekaert, Geert, Campbell Harvey, Christian Lundblad, and Stephan Siegel
. “The European Union, the Euro and Equity Market Integration.”
Working paper
vol.
109
, (January 01, 2013):
583
-
603
.
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Journal Article
Bekaert, Geert, Michael Ehrmann, Marcel Fratzscher, and Arnaud Mehl
. “Global Crises and Equity Market Contagion.”
Journal of Finance
vol.
69
, (December 01, 2012):
2597
-
2649
.
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Journal Article
Bekaert, Geert, Robert Hodrick , and Xiaoyan Zhang
. “Aggregate Idiosyncratic Volatility.”
Journal of Financial and Quantitative Analysis
vol.
47
, (December 01, 2012):
1155
-
1185
.
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Journal Article
Bekaert, Geert, Campbell Harvey, Christian Lundblad, and Stephan Siegel
. “What Segments Equity Markets?”
Review of Financial Studies
vol.
24
, (January 01, 2011):
3847
-
3890
.
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Download PDF on What Segments Equity Markets?
Journal Article
Bekaert, Geert, Campbell Harvey, and Christian Lundblad
. “Financial Openness and Productivity.”
World Development
vol.
39
, (January 01, 2011):
1
-
19
.
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Download PDF on Financial Openness and Productivity
Journal Article
Bekaert, Geert, Eric Engstrom, and Steven Grenadier
. “Stock and Bond Returns with Moody Investors.”
Journal of Empirical Finance
vol.
17
, (December 01, 2010):
867
-
894
.
Explore Further about Stock and Bond Returns with Moody Investors
Download PDF on Stock and Bond Returns with Moody Investors
Journal Article
Bekaert, Geert and Xiaozheng Wang
. “Inflation and the Inflation Risk Premium.”
Economic Policy
vol.
25
, (October 01, 2010):
757
-
806
.
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Download PDF on Inflation and the Inflation Risk Premium
Journal Article
Bekaert, Geert, Seonghoon Cho, and Antonio Moreno
. “New Keynesian Macroeconomics and the Term Structure.”
Journal of Money, Credit and Banking
vol.
42
, (February 01, 2010):
33
-
62
.
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Journal Article
Bekaert, Geert and Eric Engstrom
. “Inflation and the Stock Market: Understanding the 'Fed Model'.”
Journal of Monetary Economics
vol.
57
, (January 01, 2010):
278
-
294
.
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Journal Article
Baele, Lieven, Geert Bekaert , and Koen Inghelbrecht
. “The Determinants of Stock and Bond Return Comovements.”
Review of Financial Studies
vol.
23
, (January 01, 2010):
2374
-
2428
.
Explore Further about The Determinants of Stock and Bond Return Comovements
Download PDF on The Determinants of Stock and Bond Return Comovements
Journal Article
Bekaert, Geert, Robert Hodrick , and Xiaoyan Zhang
. “International Stock Return Comovements.”
Journal of Finance
vol.
64
, (December 01, 2009):
2591
-
2626
.
Explore Further about International Stock Return Comovements
Download PDF on International Stock Return Comovements
Journal Article
Bekaert, Geert, Eric Engstrom, and Yuhang Xing
. “Risk, Uncertainty, and Asset Prices.”
Journal of Financial Economics
vol.
91
, (January 01, 2009):
59
-
82
.
Explore Further about Risk, Uncertainty, and Asset Prices
Download PDF on Risk, Uncertainty, and Asset Prices
Journal Article
Ang, Andrew, Geert Bekaert , and Min Wei
. “The Term Structure of Real Rates and Expected Inflation.”
Journal of Finance
vol.
63
, no.
2
(April 01, 2008):
797
-
849
.
Explore Further about The Term Structure of Real Rates and Expected Inflation
Download PDF on The Term Structure of Real Rates and Expected Inflation
Journal Article
Bekaert, Geert, Campbell Harvey, Christian Lundblad, and Stephan Siegel
. “Global Growth Opportunities and Market Integration.”
Journal of Finance
vol.
62
, no.
3
(June 01, 2007):
1081
-
1137
.
Explore Further about Global Growth Opportunities and Market Integration
Download PDF on Global Growth Opportunities and Market Integration
Journal Article
Bekaert, Geert and Min Wei
. “Do Macro Variables, Asset Markets, or Surveys Forecast Inflation Better?”
Journal of Monetary Economics
vol.
54
, (May 01, 2007):
1163
-
1212
.
Explore Further about Do Macro Variables, Asset Markets, or Surveys Forecast Inflation Better?
Download PDF on Do Macro Variables, Asset Markets, or Surveys Forecast Inflation Better?
Journal Article
Bekaert, Geert
. “Stock Return Predictability: Is It There?”
Review of Financial Studies
vol.
20
, (January 01, 2007):
651
-
707
.
Explore Further about Stock Return Predictability: Is It There?
Download PDF on Stock Return Predictability: Is It There?
Journal Article
Bekaert, Geert, Campbell Harvey, and Christian Lundblad
. “Liquidity and Expected Returns: Lessons from Emerging Markets.”
Review of Financial Studies
vol.
20
, (January 01, 2007):
1783
-
1831
.
Explore Further about Liquidity and Expected Returns: Lessons from Emerging Markets
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Journal Article
Bekaert, Geert, Min Wei, and Yuhang Xing
. “Uncovered Interest Rate Parity and the Term Structure.”
Journal of International Money and Finance
vol.
26
, (January 01, 2007):
1038
-
1069
.
Explore Further about Uncovered Interest Rate Parity and the Term Structure
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Journal Article
Bekaert, Geert, Campbell Harvey, and Christian Lundblad
. “Growth Volatility and Financial Liberalization.”
Journal of International Money and Finance
vol.
25
, (April 01, 2006):
370
-
403
.
Explore Further about Growth Volatility and Financial Liberalization
Download PDF on Growth Volatility and Financial Liberalization
Journal Article
Bekaert, Geert, Campbell Harvey, and Christian Lundblad
. “Does Financial Liberalization Spur Growth?”
Journal of Financial Economics
vol.
77
, (July 01, 2005):
3
-
55
.
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Download PDF on Does Financial Liberalization Spur Growth?
Journal Article
Bekaert, Geert and Campbell Harvey
. “Time-Varying World Integration.”
Journal of Finance
vol.
50
, (June 01, 2005):
403
-
44
.
Explore Further about Time-Varying World Integration
Download PDF on Time-Varying World Integration
Journal Article
Bekaert, Geert and Jun Liu
. “Why Stocks May Disappoint.”
Journal of Financial Economics
vol.
76
, (June 01, 2005):
471
-
508
.
Explore Further about Why Stocks May Disappoint
Download PDF on Why Stocks May Disappoint
Journal Article
Bekaert, Geert, Campbell Harvey, and Angela Ng
. “Market Integration and Contagion.”
Journal of Business
vol.
78
, (January 01, 2005):
39
-
69
.
Explore Further about Market Integration and Contagion
Download PDF on Market Integration and Contagion
Journal Article
Bekaert, Geert
. “How Do Regimes Affect Asset Allocation?”
Financial Analysts Journal
vol.
60
, (January 01, 2004):
86
-
99
.
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Download PDF on How Do Regimes Affect Asset Allocation?
Journal Article
Bekaert, Geert and Jun Liu
. “Conditioning Information and Variance Bounds on Pricing Kernels.”
Review of Financial Studies
vol.
17
, (January 01, 2004):
339
-
78
.
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Journal Article
Bekaert, Geert and Campbell Harvey
. “Emerging Markets Finance.”
Journal of Empirical Finance
vol.
10
, (January 01, 2003):
3
-
56
.
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Journal Article
Ang, Andrew and Geert Bekaert
. “Short Rate Nonlinearities and Regime Switches.”
Journal of Economic Dynamics and Control
vol.
26
, no.
7-8
(July 01, 2002):
1243
-
1274
.
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Journal Article
Ang, Andrew and Geert Bekaert
. “Regime Switches In Interest Rates.”
Journal of Business and Economic Statistics
vol.
20
, no.
2
(April 01, 2002):
163
-
182
.
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Journal Article
Bekaert, Geert and Campbell Harvey
. “Research in Emerging Markets Finance: Looking to the Future.”
Emerging Markets Review
vol.
3
, (January 01, 2002):
429
-
48
.
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Journal Article
Bekaert, Geert, Campbell Harvey, and Robin Lumsdaine
. “The Dynamics of Emerging Market Equity Flows.”
Journal of International Money and Finance
vol.
21
, (January 01, 2002):
295
-
350
.
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Journal Article
Bekaert, Geert, Campbell Harvey, and Robin Lumsdaine
. “Dating the Integration of World Equity Markets.”
Journal of Financial Economics
vol.
65
, (January 01, 2002):
203
-
47
.
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Journal Article
Bekaert, Geert
. “International Asset Allocation with Regime Shifts.”
Review of Financial Studies
vol.
15
, (January 01, 2002):
1137
-
87
.
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Journal Article
Bekaert, Geert, Robert Hodrick , and David Marshall
. “'Peso Problem' Explanations for Term Structure Anomalies.”
Journal of Monetary Economics
vol.
48
, (December 13, 2001):
241
-
70
.
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Journal Article
Bekaert, Geert, Campbell Harvey, and Christian Lundblad
. “Emerging Equity Markets and Economic Development.”
ournal of Development Economics
vol.
66
, no.
2
(December 01, 2001):
465
-
504
.
Explore Further about Emerging Equity Markets and Economic Development
Download PDF on Emerging Equity Markets and Economic Development
Journal Article
Bekaert, Geert and Robert Hodrick
. “Expectations Hypotheses Tests.”
Journal of Finance
vol.
56
, (October 13, 2001):
1357
-
94
.
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Journal Article
Bekaert, Geert and Campbell Harvey
. “Foreign Speculators and Emerging Equity Markets .”
The Journal of Finance
vol.
55
, no.
2
(April 01, 2000):
565
-
613
.
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Download PDF on Foreign Speculators and Emerging Equity Markets
Journal Article
Bekaert, Geert and Guojun Wu
. “Asymmetric Volatility and Risk in Equity Markets.”
The Review of Financial Studies
vol.
13
, no.
1
(April 01, 2000):
1
-
42
.
Explore Further about Asymmetric Volatility and Risk in Equity Markets
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Journal Article
Bekaert, Geert and Michael Urias
. “Is There a Free Lunch in Emerging Market Equities?”
Journal of Portfolio Management
vol.
25
, no.
3
(April 30, 1999):
83
-
95
.
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Journal Article
Bekaert, Geert and Campbell Harvey
. “Capital Markets: An Engine for Economic Growth.”
The Brown Journal of World Affairs
vol.
5
, no.
1
(January 01, 1998):
33
-
53
.
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Journal Article
Bekaert, Geert, Robert Hodrick , and David Marshall
. “On Biases in Tests of the Expectation Hypothesis of the Term Structure of Interest Rates.”
Journal of Financial Economics
vol.
44
, (June 01, 1997):
309
-
48
.
Explore Further about On Biases in Tests of the Expectation Hypothesis of the Term Structure of Interest Rates
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Journal Article
Bekaert, Geert, Robert Hodrick , and David Marshall
. “The Implications of First-Order Risk Aversion for Asset Market Risk Premiums.”
Journal of Monetary Economics
vol.
40
, (January 01, 1997):
3
-
39
.
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Journal Article
Bekaert, Geert and Campbell Harvey
. “Emerging Equity Market Volatility.”
Journal of Financial Economics
vol.
43
, no.
1
(January 01, 1997):
29
-
77
.
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Download PDF on Emerging Equity Market Volatility
Journal Article
Bekaert, Geert
. “The Time-Variation of Risk and Return in Foreign Exchange Markets: A General Equilibrium Perspective.”
The Review of Financial Studies
vol.
9
, no.
2
(July 01, 1996):
427
-
470
.
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Journal Article
Bekaert, Geert and Michael Urias
. “Diversification, Integration and Emerging Market Closed-End Funds.”
The Journal of Finance
vol.
51
, no.
3
(July 01, 1996):
835
-
896
.
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Journal Article
Bekaert, Geert
. “The Time-variation of Expected Returns and Volatility in Foreign Exchange Markets.”
Journal of Business & Economic Statistics
vol.
13
, no.
4
(October 01, 1995):
397
-
408
.
Explore Further about The Time-variation of Expected Returns and Volatility in Foreign Exchange Markets
Download PDF on The Time-variation of Expected Returns and Volatility in Foreign Exchange Markets
Journal Article
Bekaert, Geert and Campbell Harvey
. “Time-Varying World Market Integration.”
Journal of Finance
vol.
50
, (June 01, 1995):
403
-
44
.
Explore Further about Time-Varying World Market Integration
Download PDF on Time-Varying World Market Integration
Journal Article
Bekaert, Geert
. “Market Integration and Investment Barriers in Emerging Equity Markets.”
The World Bank Economic Review
vol.
9
, no.
1
(January 01, 1995):
75
-
107
.
Explore Further about Market Integration and Investment Barriers in Emerging Equity Markets
Download PDF on Market Integration and Investment Barriers in Emerging Equity Markets
Journal Article
Bekaert, Geert
. “Exchange Rate Volatility and Deviations from Unbiasedness in a Cash-in-Advance Model.”
Journal of International Economics
vol.
36
, no.
1-2
(February 01, 1994):
29
-
52
.
Explore Further about Exchange Rate Volatility and Deviations from Unbiasedness in a Cash-in-Advance Model
Download PDF on Exchange Rate Volatility and Deviations from Unbiasedness in a Cash-in-Advance Model
Journal Article
Bekaert, Geert and Robert Hodrick
. “On Biases in the Measurement of Foreign Exchange Risk Premiums.”
Journal of International Money and Finance
vol.
12
, (January 01, 1993):
115
-
38
.
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Journal Article
Bekaert, Geert and Robert Hodrick
. “Characterizing Predictable Components in Excess Returns on Equity and Foreign Exchange Markets.”
Journal of Finance
vol.
47
, (June 01, 1992):
467
-
509
.
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Journal Article
Bekaert, Geert
. “Caloric Consumption in Industrializing Belgium.”
The Journal of Economic History
vol.
51
, no.
3
(September 01, 1991):
633
-
655
.
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Journal Article
Bekaert, Geert
. “Distributional Characteristics of Emerging Market Returns and Asset Allocation.”
Journal of Portfolio Management
vol.
24
, no.
2
(December 01, 1988):
102
-
116
.
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Journal Article
Bekaert, Geert and Stephen Gray
. “Target Zones and Exchange Rates: An Empirical Investigation.”
Journal of International Economics
vol.
45
, no.
1
(June 01, 1988):
1
-
35
.
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Journal Article
Bekaert, Geert, Claude Erb, Campbell Harvey, and Tadas Viskanta
. “What Matters for Emerging Equity Market Investments?”
Emerging Markets Quarterly
(June 01, 0997):
17
-
46
.
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Working Paper
Bekaert, Geert, Marie Hoerova, and Nancy Xu
. Risk, Monetary Policy and Asset Prices in a Global World. July 29, 2023.
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Working Paper
Bekaert, Geert, Richard Rothenberg, and Miquel Noguer
. Sustainable Investment - Exploring the Linkage between Alpha, ESG, and SDG's. May 23, 2023.
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Working Paper
Bekaert, Geert and Campbell Harvey
. Emerging Equity Markets in a Globalizing World. March 21, 2023.
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Working Paper
Bekaert, Geert, Eric Engstrom, and Andrey Ermolov
. Identifying Aggregate Demand and Supply Shocks Using Sign Restrictions and Higher-Order Moments. October 02, 2022.
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Working Paper
Bekaert, Geert, Eric Engstrom, and Andrey Ermolov
. Uncertainty and the Economy: The Evolving Distributions of Aggregate Supply and Demand Shocks. January 12, 2021.
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Working Paper
Bekaert, Geert, Shuojia Ke, Xue Wang, and Xiaoyan Zhang
. The China-U.S. Equity Valuation Gap. January 05, 2021.
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Working Paper
Bekaert, Geert, Marie Hoerova, and Nancy Xu
. Risk, Monetary Policy and Asset Prices in a Global World. May 18, 2020.
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Working Paper
Bekaert, Geert, Eric Engstrom, and Andrey Ermolov
. The Variance Risk Premium in Equilibrium Models. May 04, 2020.
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Working Paper
Bekaert, Geert, Robert Hodrick , and Andrea Kiguel
. Variance Risk in Global Markets. August 25, 2019.
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Working Paper
Bekaert, Geert and Johannes Breckenfelder
. The (Re)allocation of Bank Risk. August 20, 2019.
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Working Paper
Bekaert, Geert, Robert Hodrick , Xue Wang, and Xiaoyan Zhang
. The International Commonality of Idiosyncratic Variances. December 29, 2018.
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Working Paper
Bekaert, Geert, Campbell Harvey, Christian Lundblad, and Stephan Siegel
. Political Risk and International Valuation. September 01, 2015.
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Working Paper
Baele, Lieven, Geert Bekaert , and Larissa Schafer
. An Anatomy of Central and Eastern European Equity Markets. July 01, 2015.
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Working Paper
Bekaert, Geert, Marie Hoerova, and Marco Lo Duca
. Risk, Uncertainty and Monetary Policy. January 01, 2013.
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Working Paper
Bekaert, Geert and Xiaozheng Wang
. Inflation Risk and the Inflation Risk Premium. April 01, 2010.
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Working Paper
Bekaert, Geert, Eric Engstrom, and Steven Grenadier
. Stock and Bond Returns with Moody Investors. March 01, 2010.
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Working Paper
Bekaert, Geert and Xiaozheng Wang
. Globalization and Asset Prices. November 10, 2009.
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Working Paper
Bekaert, Geert and Eric Engstrom
. Asset Return Dynamics under Bad Environment-Good Environment Fundamentals. July 01, 2009.
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Working Paper
Bekaert, Geert, Campbell Harvey, and Christian Lundblad
. Financial Openness and Productivity. April 01, 2009.
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Working Paper
Bekaert, Geert and Xiaozheng Wang
. Home Bias Revisited. January 01, 2009.
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Working Paper
Bekaert, Geert
. The Term Structure of Real Rates and Expected Inflation. January 01, 2006.
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Working Paper
Bekaert, Geert, Campbell Harvey, Christian Lundblad, and Stephan Siegel
. Global Growth Opportunities and Market Integration. January 01, 2004.
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Working Paper
Bekaert, Geert, Campbell Harvey, and Christian Lundblad
. Growth Volatility and Financial Liberalization. January 01, 2004.
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Working Paper
Bekaert, Geert and Steven Grenadier
. Stock and Bond Pricing in an Affine Economy. January 01, 2001.
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Book
Bekaert, Geert and Robert Hodrick
. International Financial Management. 
New York
:
Cambridge University Press
, 2017.
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Book
Bekaert, Geert and Robert Hodrick
. International Financial Management. 
New Jersey
:
Prentice Hall
, 2012.
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Book
Bekaert, Geert and Robert Hodrick
. International Financial Management. 
New Jersey
:
Prentice Hall
, 2008.
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Chapter
Bekaert, Geert and Campbell Harvey
. “Capital Flows and the Behavior of Emerging Equity Market Returns.” In
Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies
, edited by
Sebastian Edwards
,
159
-
194
.
Chicago
:
University of Chicago Press
, 2000.
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  • Courses
  • Case Studies
Course
B7323: Asset Management
View Course on Asset Management
Course
B8323: Asset Management
View Course on Asset Management
Course
B9325: (PhD) Financial Econometrics: Time series
View Course on (PhD) Financial Econometrics: Time series
Course
B9305: (PhD) Finance Pre-Thesis Seminar
View Course on (PhD) Finance Pre-Thesis Seminar
Course
B7306: Capital Markets & Investments
View Course on Capital Markets & Investments
Course
B9331: Empirical Asset Pricing I
View Course on Empirical Asset Pricing I
Case Study
Bekaert, Geert
. Valuing Currency Management: TOM vs. U.S. Commerce Bank. 
New York
:
CaseWorks
, 2011.
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  • Awards & Honors
  • In the Media
  • Articles
In the Media

Trump Tariffs Spark Stock Market Dip. What It Means for Consumers, the Economy

USA Today
Article

Study Proposes New Measure of World Equity Market Segmentation

Read More about Study Proposes New Measure of World Equity Market Segmentation
  • CaseWorks
Case ID
100313

Valuing Currency Management: TOM vs. U.S. Commerce Bank

When the inventor of an investment model sues a U.S. bank for breaking a joint-venture agreement, what should the court decide, based on expert financial analysis from both parties?

View Case on Valuing Currency Management: TOM vs. U.S. Commerce Bank

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