Michael Hasler

 
Michael Hasler

Assistant Professor
Finance
IC
376
(416) 208-4861

Biography: 

I am an Assistant Professor of finance at the University of Toronto since July 2013. My research investigates how information acquisition, disagreement among investors, and learning mechanisms impact investors’ trading strategies and asset prices. I have published in the Journal of Financial Economics, the Journal of Finance, the Review of Financial Studies, the Journal of Monetary Economics, and Management Science.

Research Interests: 

Equilibrium Asset Pricing, Portfolio Selection, Information and Learning, and Differences of Beliefs  

Awards and Grants: 

2018 Institute for Gender and the Economy Research Grant, $6,500
2016 IFSID Research Grant, $30,000
2015 Connaught New Researcher Award, $10,000, University of Toronto
2014   WRDS Best Paper Award; "Model Disagreement and Economic Outlook'', NFA, Ottawa, Canada
2013   SIX Best Paper Award; "Investor Attention and Stock Market Volatility'', SGF Conference, Zurich, Switzerland
2012   Best Teaching-Assistant Award, Master of Financial Engineering; Swiss Finance Institute @ EPFL
2011   Best Teaching-Assistant Award, Master of Financial Engineering; Swiss Finance Institute @ EPFL

 

Publications: 

  1. Should Investors Learn about the Timing of Equity Risk?, Michael Hasler, Mariana Khapko, and Roberto Marfe, Forthcoming, Journal of Financial Economics, 2018
  2. Fluctuating Attention and Financial Contagion, Michael Hasler and Chayawat Ornthanalai, Journal of Monetary Economics, 2018
  3. Asset Pricing with Disagreement and Uncertainty about the Length of Business Cycles, Daniel Andrei, Bruce Carlin, and Michael Hasler, Management Science, 2017
  4. Why Does Return Predictability Concentrate in Bad Times?; Julien Cujean and Michael Hasler; Journal of Finance; 2017
  5. Disaster Recovery and the Term Structure of Dividend Strips; Michael Hasler and Roberto Marfe, Journal of Financial Economics; 2016
  6. Investor Attention and Stock Market Volatility; Daniel Andrei and Michael Hasler; Review of Financial Studies; 2015

Education: 

10/2008 - 06/2013 PhD in Finance, Swiss Finance Institute at Ecole Polytechnique Federale de Lausanne, Switzerland
 
11/2011 - 02/2012 Visiting Scholar, Princeton University, Bendheim Center for Finance, USA
 
10/2006 - 10/2008 M.Sc. in Finance, University of Lausanne, HEC, Switzerland
 
10/2003 - 10/2006 B.Sc. in Mathematics, University of Neuchatel, Switzerland

 

CV/Resume: