Semyon Malamud

Semyon Malamud is an Associate Professor of Finance at the Swiss Finance Institute at École Polytechnique Fédérale de Lausanne (EPFL), where he has held a tenured position since October 2015. He is also a Research Fellow at the Center for Economic Policy Research (CEPR), a Senior Chair at the Swiss Finance Institute, and has served as a Visiting Assistant Professor at the University of Texas at Austin’s McCombs School of Business and a Visiting Professor at UBC Sauder School of Business in 2020. Additionally, he holds a Research Fellow position at the Bank for International Settlements and was a Lamfalussy Fellow of the European Central Bank in 2015.

Education:

• Ph.D. in Mathematics, Swiss Federal Institute of Technology (ETH Zurich), Switzerland, May 2006.
• Diploma in Mathematics, Donetsk National University, Donetsk, Ukraine, July 2001.

Current Research Interests:

• Big Data and Machine Learning, focusing on their applications in asset pricing and financial markets.
• Liquidity and Market Frictions, exploring their impact on market dynamics and investment strategies.
• International Finance, including exchange rate models and dominant currency debt.
• Information Economics, studying information percolation and equilibrium-driven market behaviors.
• Equilibrium Asset Pricing and Optimal Contracting, addressing viable markets and security design.
• Network Economics and Corporate Finance, analyzing market integration and corporate capital structure.
• Work in Macroeconomics, particularly in endogenous growth and risk management.

Scientific Awards and Grants:

• INQUIRE Europe Research Grant (2022)
• Lamfalussy Fellow of the European Central Bank (2015)
• Joint INQUIRE Europe-INQUIRE UK Prize (2015)
• CEPR Research Fellow (2015–present)
• ETF Academy Award (2015)
• Europlace Institute of Finance Award (2015)
• Swiss National Science Foundation Starting Grant (CHF 1m, 5 years)
• Dauphine Amundi Prize in Asset Management (2014 and 2013)
• Swiss Finance Institute Research Grant (2013–2015)

Narrative on Advising and Grants: Malamud’s research has been supported through prestigious grants such as the Swiss National Science Foundation Starting Grant and INQUIRE Europe awards. He has collaborated extensively with scholars like Bryan Kelly, Darrell Duffie, and Julien Hugonnier. As an Associate Editor for top journals including the Journal of Finance and Journal of Financial Econometrics, he contributes to academic rigor in finance. His work on machine learning applications and large factor models reflects cutting-edge trends in financial economics.

Labs and Teams: Malamud’s research is anchored within the Swiss Finance Institute (SFI) and its collaborative networks. He actively engages with the CEPR and BIS research communities, contributing to interdisciplinary projects in financial markets and policy.