معرفی
Harjoat Bhamra is a Professor of Finance at the Imperial College Business School, Imperial College London. He holds a PhD from London Business School (2003) and degrees from the University of Cambridge (BA 1996, MMath 1998) with a Year Abroad at Heidelberg University (1994–1995). Prior to his current role, he was Associate Professor at Imperial College (2011–2024) and held academic positions at the Sauder School of Business, University of British Columbia (2003–2013). His research focuses on finance, financial economics, macroeconomics, investment strategies, and behavioral finance. Notable works include studies on behavioral biases in financial markets, inflation dynamics, corporate default risk, and household financial decision-making. His research has been published in top journals such as the Review of Financial Studies, American Economic Review, and Journal of Economic Theory. Bhamra’s work bridges theoretical models with real-world applications, exploring how psychological biases and market inefficiencies impact aggregate economic outcomes. He also contributes to policy discussions on financial stability and household finance. His professional experience includes roles as a structured products trader at First National Bank of Chicago (1996–1997).
Education:
- PhD in Finance, London Business School (1998–2003)
- MMath in Mathematics, University of Cambridge (1997–1998)
- BA in Mathematics, University of Cambridge (1992–1996)
- Year Abroad in Mathematics and Theoretical Physics, Heidelberg University (1994–1995)
Research interests include analyzing the effects of individual behavioral biases on financial markets and macroeconomic aggregates, the interplay between monetary policy and corporate finance, and the implications of household financial decisions on social costs. His work often employs dynamic equilibrium models to study investor heterogeneity and market inefficiencies. Recent contributions explore how psychological distance influences investors’ beliefs and portfolio choices, with implications for asset pricing and economic growth.
Professional activities include editorial roles, keynote speaking, and collaborations with institutions like CEPR, NIESR, and the Centre for Macroeconomics at LSE. His research has been cited extensively and recognized for bridging behavioral finance with macroeconomic theory. Bhamra’s outreach efforts aim to translate academic insights into practical policy and market strategies.
