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Winners 2016

Winners of the AQR Top Finance Graduate Award at CBS 2016  
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Asaf Bernstein, MIT Sloan School of Management
Asaf is a PhD candidate in Financial Economics at the Massachusetts Institute of Technology - Sloan School of Management. His primary area of research is empirical corporate finance, but his interests generally lie at the intersection of policy and finance and include economic history, asset pricing, and household finance. His research has looked at the effect of financial regulations and institutions, including the Federal Reserve, rating agencies, centralized clearing, and mortgage assistance programs. His research has been published in the Journal of Financial Economics and selected for inclusion in the SFS Finance Cavalcade and Western Finance Association annual meetings in 2016. Prior to graduate school, he received his B.S. in Economics and Mathematics at Harvey Mudd College and worked as a quantitative trader at an investment bank in New York. Next year, Asaf will be joining the finance faculty of the Leeds School of Business at the University of Colorado at Boulder.
More information about Asaf Bernstein Job market paper: Household Debt Overhang and Labor Supply  
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Arpit Gupta, Columbia Business School
Arpit Gupta is a PhD Candidate in Finance and Economics at Columbia Business School. His research focuses on household finance, real estate, and corporate finance. Arpit earned degrees in Mathematics and Economics as an undergraduate at the University of Chicago. Next fall, Arpit will join the Finance Department at the NYU Stern School of Business.
More information about Arpit Gupta Job market paper: Foreclosure Contagion and the Neighborhood Spillover Effects of Mortgage Defaults  
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Elisabeth Kempf, Tilburg University
Elisabeth is a PhD Candidate in Finance at Tilburg University in the Netherlands. Her main research interests are in empirical corporate finance, financial intermediation, and labor in finance. Elisabeth received a Bachelor’s degree in Business Administration from the University of Mannheim, Germany, and a Master’s degree in Finance from HEC Paris. Prior to her PhD, she spent one year at Deutsche Bank in Frankfurt, Germany, as an Analyst in the Group Strategy & Planning division. Next year, Elisabeth will be joining the University of Chicago, Booth School of Business.
More information about Elisabeth Kempf Job market paper: The Job Rating Game: The Effects of Revolving Doors on Analyst Incentives  
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Song Ma, Duke University’s Fuqua School of Business
Song is a Ph.D. candidate in Finance at Duke University’s Fuqua School of Business. His main research interests include corporate finance, entrepreneurial finance, and the economics of innovation. In recent work, he has studied how corporate financial decisions and capital markets affect entrepreneurship and innovation. Prior to attending Duke, Song earned his BA in Economics with highest honor from Zhejiang University, China. He is joining the Yale School of Management as an Assistant Professor of Finance in July 2016.
More information about Song Ma Job Market Paper: The Life Cycle of Corporate Venture Capital  
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David Schoenherr, London Business School
David Schoenherr  is a PhD Candidate in Finance at London Business School. Originally, he is from Frankfurt, Germany, where he obtained a Diploma in Business Adminstration with a focus on Finance at Goethe University, Frankfurt. David’s research interests are in areas of Financial Contracting, in particular bankruptcy law, and the effects of social and political connections on economic outcomes. David will join the Economics department at Princeton University this summer.
More information about David Schoenherr Job market paper: Political Connections and Allocative Distortions
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Michael Schwert, Stanford Graduate School of Business
Michael Schwert is a PhD candidate in Finance at the Stanford Graduate School of Business. His research interests include credit markets, financial intermediation, and corporate finance. He is originally from Rochester, New York and earned undergraduate degrees in Mathematics and Economics from Duke University. Michael will be an Assistant Professor of Finance at the Fisher College of Business at Ohio State University starting this summer.
More information about Michael Schwert Job market paper: Bank Capital and Lending Relationships


Last updated by: Julie de Molade 21/08/2017