Faculty & Research

Adrien Verdelhan

Assistant Professor of Finance

Biography

Adrien Verdelhan's research focuses on measures of systematic risk in financial markets, particularly in currency markets. His work shows when and why exchange rates are risky, thus shedding light on the most well-known and puzzling currency trading strategy: the carry trade. In his most recent work, he estimates the compensation for disaster risk embedded in currency markets and the amount of predictability in currency risk premia and exchange rates. He received his PhD in economics from the University of Chicago in 2005. He is currently a Research Fellow of the National Bureau of Economic Research.

Web Site: http://web.mit.edu/adrienv/www/