Professor of Finance

Academic Area(s) Finance
Research Topics Alternative Investments
Faculty or Centre Faculté de Droit, d'Economie et de Finance
Research Unit LSF
Postal Address Campus Kirchberg, Université du Luxembourg
6, rue Richard Coudenhove-Kalergi
L-1359 Luxembourg
Campus Office F 111
Telephone (+352) 46 66 44 5442
Social Media & Blogs
Speaks Dutch, English, German
Research Stays in Belgium, Germany, Greece, Hungary, Luxembourg, Netherlands, USA, Israel

Dr. Roman Kräussl is Professor at the Luxembourg School of Finance and Visiting Scholar at the Hoover Institution at Stanford University. He studied Economics at the University of Bielefeld and got his PhD in Financial Economics at the Center for Financial Studies (CFS) at Goethe-University, Frankfurt/Main. As Head of Quantitative Research at Cognitrend GmbH, a spin-off from Deutsche Bank specialized in behavioural finance and the development of mathematical trading models, he was closely involved with the financial industry. Dr. Kräussl also holds a position as Visiting Professor at Goizueta Business School, Emory University, Atlanta, and is Fellow at the CFS and Research Fellow at the Emory Center for Alternative Investments. His research focuses on Alternative Investments. He established the website, where he publishes some of his recent work on Art as an Alternative Asset Class. He is contributing editor at Art+Auction and author of its monthly Databank column. He regularly writes for Manager Magazin, the leading German monthly business magazine, on passion investments and the psychology of collecting. He presents his findings at key academic conferences and is regularly asked to chair various art-finance related, international summits and venues. Dr. Kräussl publishes his academic research in leading economic journals such as Review of Financial Studies, Journal of Financial and Quantitative Analysis, and Strategic Management Journal. His work has been featured in the Wall Street Journal, the New York Times, Forbes' Annual Investment Guide, and on CNBC. He has taught numerous MBA courses at the Amsterdam School of Finance and Goizueta Business School, among others.

Last updated on: Tuesday, 14 March 2017

Last updated on: 20 Sep 2016

Does it pay to invest in art? A selection-corrected returns perspective, with A. Korteweg and P. Verwijmeren, Review of Financial Studies 29(4)1007-1038, 2016.

Is there a Bubble in the Art Market?, with T. Lehnert and N. Martelin, Journal of Empirical Finance 35, 99-109, 2016.

Risk and expected returns of private equity investments: Evidence based on market prices, with N. Jegadeesh and J. Pollet, Review of Financial Studies 28(12), 3269-3302, 2015.

Last updated on: 13 Mar 2017