International Laboratory

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International Laboratory in Financial Economics
(LFE)
International College of Economics and Finance
(ICEF) State University - Higher School of
Economics
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LFE

• The strategic goal
• To create the conditions for conducting research
  in financial economics at international standards
  which leads to publications in top international
  finance
• and economics journals.
• Objectives
• to provide the intellectual environment for a
  fruitful research activity
• to broaden the contacts of ICEF researchers in
  finance with the international scientific
  community and to disseminate their research
• to integrate research into the teaching process,
  in particular in the ICEF MSc Program in
  Financial Economics

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Main tasks

• 1 To provide support for the research
  activity of ICEF academics in the field of
  financial economics and the elaboration of a
  research agenda in this area
• Intellectual environment development
  (organization of seminars and workshops and the
  invitation of junior and senior international
  scholars in the field of financial economics )
• Institutional environment development
  (opportunity for researches to get professional
  advice, purchase data and hire research
  assistants )
• 2 To increase the effectiveness of the research
  work in finance at ICEF through the involvement
  of research assistants (mainly students of the
  ICEF MSc Program Financial Economics)
• 3 To develop scientific collaboration with the
  London School of Economics and other foreign
  partners through participation in the activities
  of the Laboratory and joint research projects
• 4 To raise the students academic profile in the
  ICEF MSc Program Financial Economics and
  advanced BSc students through their participation
  in the research activities of the Laboratory
• 5 LFE will serve to attract good candidates for
  research and teaching positions at ICEF at the
  international economists job market.

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International character of the LFE
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• The LFE is created with academic support of the
  LSE.
• The LSE support (Research Coordinator and
  Experts) is provided through participation in
• design of the research program of the Laboratory
  
• comment and advice on the projects conducted in
  the LFE
• work with the researchers of the Laboratory on a
  strategy for the publication of their work
• assistance in establishing contacts with other
  Western researchers that might lead to joint
  research projects.
• The LFE is actively seeking to attract
  distinguished international faculty members with
  a proven track record in publishing in
  prestigious international journals as
  international research fellows

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Researchers of LFE
Carsten Sprenger Head of Laboratory, ICEF PhD
Pompeu Fabra University (Spain)
Christian Julliard LSE Research Coordinator PhD
Princeton University (USA)
Sergey Gelman PhD University of Muenster (Germany)
Dean Fantazzini PhD University of Pavia (Italy)
Stanimir Morfov PhD Carlos III University of
Madrid (Spain)
Vladimir Sokolov PhD University of Notre Dame
(USA)
Bulatov Alex PhD Berkeley (USA)
Marie-Ann Betschinger PhD University of Muenster
(Germany)
Alexander Settles PhD University of Delaware
(USA)
Roman Chuhay PhD University of Alicante (Spain)
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International experts
Christian Julliard (LSE)
Branko Urosevic (University of Belgrade)
Klaus Gugler (University of Vienna)
Dmitrios Tsomocos (University of Oxford)

• Other staff
• Associate members
• Visiting researchers
• Research assistants (students of the ICEF MSc
  Program Financial Economics, advanced ICEF
  BSc students or other qualified students)

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Research areas
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Research Areas Directions of particular interest
A Finance, Banking, and the Macroeconomy The analysis of banking and financial market crises The connection between financial and macroeconomic fluctuations The effectiveness of different monetary policy instruments The analysis of capital flows
B Financial Markets and Their Efficiency Asset pricing Market Microstructure, transaction costs and liquidity Portfolio management and the performance of fund managers in emerging markets Risk assessment and regulation
C Corporate Finance and Governance Ownership structure and corporate governance Executive compensation Corporate financial policy Entrepreneurial finance The relation between foreign direct investment and corporate governance