This year’s academic job market candidates from the Leibniz Institute for Financial Research SAFE who graduated from Goethe University start new jobs at renowned European universities.
Ruggero Jappelli starts a position as Assistant Professor at the University of Warwick. His research focuses on asset pricing and macro finance. His job market paper “Dynamic Asset Pricing with Passive Investing” received the Best Paper Award at the 6th Asset Pricing Conference at Collegio Carlo Alberto in Turin. Reflecting on his time at SAFE, Jappelli noted how rewarding experiences can arise from unexpected feedback, e.g., when he and his co-author received an unexpected revise-and-resubmit decision that became a pivotal moment of his academic development.
Errikos Melissinos joins Özyeğin University in Istanbul. The central theme of his doctoral research is gaining better understanding of consumption-based asset pricing models. For those who consider doing a Ph.D., he offers the advice: “Pursuing a Ph.D. for academia requires ticking several boxes. It starts by having an interest in doing creative research, getting feedback, being supported by a solid supervision relationship, and finally becoming active in the research community. All this, while being self-disciplined, being able to overcome disappointments, and being able to accept criticism.”
Christian Mücke joins ESCP Business School in Madrid. His research at SAFE focused on the (unintended) consequences of financial policies on financial market participants focusing on bailouts, payout policy, and disclosures. “I want to do outstanding research that increases our knowledge, but also has practical implications for policymakers and financial market participants,” he says.
Rachel Nam joins USI Lugano and the Swiss Finance Institute as Assistant Professor of Finance. Her research focuses on how technology transforms the provision of financial services, and how this impacts consumers and firms. In her job market paper, she looked at open banking which allows loan applicants to easily share payment data with prospective lenders during loan applications. “Open banking is expanding worldwide, and it is very important to understand who makes use of such data sharing,” she explains. During her time as a PhD student, she found guidance of her supervisor Loriana Pelizzon extremely helpful: “Tips from my supervisor were crucial to overcome roadblocks in my research. It can also be a great help to reach out to people within your network. Potential solutions can really come from anywhere.”