ABOUT

I joined Aalborg University Business School (AAUBS) as an Associate Professor of Finance in October 2025. I earned my doctoral degree in Economics from Leibniz University Hannover in 2016.

My research spans Asset Pricing, Corporate Finance, Financial Econometrics, and Energy and Carbon Finance, with a particular emphasis on empirical tests of the Efficient Market Hypothesis.

I also serve as an Associate Editor for Finance Research Letters.

SELECTED WORK IN PROGRESS

• Managerial Habit Formation and Predictability

• Balance-Sheet-Backed Claims or Rational Bubbles? A Clean-Surplus Diagnostic

SELECTED PUBLICATIONS

• EU ETS Market Expectations and Rational Bubbles, with Robinson Kruse-Becher and Tony Klein, Conditionally Accepted at Journal of Money, Credit and Banking. [Working Paper]

• U.S. stock prices and the dot.com-bubble: Can dividend policy rescue the efficient market hypothesis?, with Tobias Basse, Tony Klein and Samuel A. Vigne, Journal of Corporate Finance, Volume 67, 2021, 101892. [10.1016/j.jcorpfin.2021.101892]

• Time-varying persistence in real oil prices and its determinant, with Robinson Kruse, Energy Economics, Volume 85, 2020, 104328. [10.1016/j.eneco.2019.02.020] [Working Paper]

• The walking debt crisis, with Robinson Kruse and Tobias Basse, Journal of Economic Behavior & Organization, Volume 157, 2019, Pages 382-402. [10.1016/j.jebo.2017.10.008] [Working Paper]

• Testing for a break in the persistence in yield spreads of EMU government bonds, with Philipp Sibbertsen and Tobias Basse, Journal of Banking & Finance, Volume 41, 2014, Pages 109–118. [10.1016/j.jbankfin.2014.01.003]