Christian Wolff is Research Professor at the Department of Finance of the University of Luxembourg, where he also served as Director of the Luxembourg of Finance (LSF) in the years 2008-2016, as well as a Research Fellow of the Centre for Economic Policy Research, London. He holds PhD and MBA degrees in International Finance from the Booth School of Business at The University of Chicago, as well as MSc and BSc degrees in Economics from Erasmus University, Rotterdam, the Netherlands.

Professor Wolff was previously employed at London Business School and Maastricht University and held visiting appointments at the University of Chicago, the National University of Singapore, and INSEAD. He was President of the European Finance Association (EFA) for the year 2005.

Professor Wolff has published in leading academic journals, such as the Journal of Finance, the Journal of Business, Management Science, the Review of Finance, the Journal of Banking and Finance, the Journal of International Money and Finance, and the Journal of Business and Economic Statistics, and was Founding Editor of the Journal of Empirical Finance.

Professor Wolff has been director and advisor of many financial institutions, investment funds, pension funds, central banks, family offices and corporations. He has taught extensively in various MBA and executive programmes around the world.

Last updated on: Friday, 17 February 2023

Last updated on: 17 Feb 2023

“Non-Standard Errors”, (with Albert Menkveld, Anna Dreber, Felix Holzmeister, Juergen Huber, Magnus Johannesson, Michael Kirchler, Sebastian Neusüss, Michael Razen, Utz Weitzel, et al.), forthcoming: Journal of Finance (2023).

“Dividend Policy Decisions and Ownership Concentration: Evidence from Thai Public Companies” (with J. Thomas Connelly), Review of Pacific Basin Financial Markets and Policies, in press, https://doi.org/10.1142/S0219091523500066 (2023).

“Which Factors Play a Role in CoCo Issuance? Evidence from European Banks” (With Sara Wagner and Theo Vermaelen), The Journal of Derivatives, 30 (1), pp. 58-73 (2022).

“Executing trades in style: retail investors vs. institutions”, (with Manapol Ekkayokkaya and Suppasit Jirajaroenying), Asia-Pacific Journal of Accounting & Economics, 29 (2), pp. 344-362 (2022).

“Spillovers to Small Business Credit Risk”, (with Dennis Bams and Magdalena Pisa), Small Business Economics 57, pp. 323–352 (2021).

“Are Capital Requirements on Small Business Loans Flawed?” (with Dennis Bams and Magdalena Pisa), Journal of Empirical Finance, 52, 255-274 (2019).

“The Determinants of CoCo Bond Prices” (with Sara Abed Masror Khah and Theo Vermaelen), The Journal of Derivatives, 26 (3), pp. 35-52 (2019).

“Skewness Risk Premium: Theory and Empirical Evidence” (with Thorsten Lehnert and Yuehao Lin), International Review of Financial Analysis 63, pp. 174-185 (2019).

“Cross-border Mergers and Acquisitions:  Evidence from the Indochina Region” (with Manapol Ekkayokkaya and Pimnipa Foojinphan), Finance Research Letters 23, pp. 253-256 (2017)

“Euro at Risk: The Impact of Member Countries' Credit Risk on the Stability of the Common Currency” (with Lamia Bekkour, Xisong Jin, Thorsten Lehnert and Fanou Rasmouki), Journal of Empirical Finance 33, pp. 67-83 (2015).

“Contingent Capital: The Case of COERCs” (with George Pennacchi and Theo Vermaelen), Journal of Financial and Quantitative Analysis 49, pp. 541-574 (2014).

"The Role of Off-Balance Sheet Leverage in the Late 2000s Crisis" (with Nikolaos Papanikolaou), Journal of Financial Stability, 2014.

 "Explaining Dispersion in Foreign Exchange Expectations: A Heterogeneous Agent Approach” (with Ron Jongen, Willem Verschoor and Remco Zwinkels), Journal of Economic Dynamics and Control 36, pp. 719-735, 2012.

“Loss Functions in Option Valuation: A Framework for Model Selection”, (with Dennis Bams and Thorsten Lehnert), Management Science 55, pp. 853-862, 2009.

 "Extreme U.S. Stock Market Fluctuations in the Wake of 9/11” (with Stefan Straetmans and Willem Verschoor), Journal of Applied Econometrics 23, pp. 17-42, 2008.

“An Evaluation Framework for Alternative VaR Models” (with Dennis Bams and Thorsten Lehnert) Journal of International Money and Finance 24, pp. 944-958, 2005.

"The Dynamics of Short-Term Interest Rate Volatility Reconsidered", (with Kees Koedijk, François Nissen and Peter Schotman), Review of Finance 1, pp.105-130, 1997.

 “On the Determinants of Unexpected Exchange Rate Movements", (with Stefano Cavaglia), Journal of Banking and Finance, 20, pp. 179-188, 1996.

 "On the Biasedness of Forward Foreign Exchange Rates: Irrationality or Risk Premia?" (with Stefano Cavaglia and Willem Verschoor), Journal of Business, 67, no. 3, pp. 321-343 (lead article), 1994.

"Premia in Forward Foreign Exchange as Unobserved Components", (with Theo Nijman and Franz Palm), Journal of Business and Economic Statistics, 11, pp. 361-365 (1993).

"Forward Foreign Exchange Rates, Expected Spot Rates and Premia: A Signal- Extraction Approach", Journal of Finance, Vol. 42, no. 2, pp. 395-406, 1987.

 "Time-Varying Parameters and the Out-of-Sample Forecasting Performance of Structural Exchange Rate Models", Journal of Business and Economic Statistics, Vol. 5, no. 1, pp. 87-97, 1987. Reprinted in: Richard Roll (Editor), The International Library of Critical Writings in Financial Economics, Volume 13: Financial Forecasting (2003).

Last updated on: 17 Feb 2023