Lisa Knauer

About me

I am an Assistant Professor of Finance at the Rotterdam School of Management, Erasmus University. 

I obtained a Ph.D. in Finance from the TUM School of Management, Technical University of Munich (TUM).  During my Ph.D., I visited the finance department at Bocconi University (hosted by Stefano Rossi) and the finance department at HEC Lausanne, UNIL (hosted by Norman Schürhoff).  

Research interests

My research interests are at the intersection of empirical corporate finance and local public finance.

I study how public financing instruments and institutional features of the municipal market shape firms’ financing and investment decisions. 

An overview of my current work is available here. I welcome comments and feedback and am happy to connect with anyone interested in these topics.

—  NEWS —  

11/25: I will present "Tax-Subsidized Green Bonds and their Real Effects" at the CEPR Paris Symposium 2025 in December.

05/25: I will present "Tax-Subsidized Green Bonds and their Real Effects" at the NBER Conference on the Economics of Decarbonizing Industrial Production in September.

03/25: As a Lindau Alumna, I recently gave an interview about my experience attending the 7th Lindau Nobel Laureate Meeting on Economic Sciences. [link]

12/24: I had the great honor to receive the "Best Paper Award" at this year's Franco-German Fiscal Policy Seminar in Berlin for my paper on "Private Activity Bonds as Investment Subsidy: Evidence from the 1986 Cap on Bond Volumes".

12/24: I will present my paper on private activity bonds at the AFFECT Workshop in San Francisco in January 2025. 

07/24: I will present my paper "Tax-Subsidized Green Bonds and their Real Effects" at the AEA 2025.