Discussion paper
Marcin Kacperczyk is a Professor of Finance at the Imperial College London Business School. He is also a Research Fellow at the Centre for Economic Policy and Research. In addition, he is a Managing Editor at the Review of Finance and serves as an Associate Editor of Journal of Financial and Quantitative Analysis.
Professor Kacperczyk’s research focuses mostly on climate finance, financial markets, financial intermediation, and asset management. His latest work analyses the effects of climate change on financial markets. He has also written on a broad range of topics such as social norms, short-term debt markets, performance evaluation, labour unions, insider trading, income inequality, and portfolio choice. He has analysed various effects of informed trading in finance.
His articles have appeared in Econometrica, Journal of Finance, Journal of Financial Economics, Quarterly Journal of Economics, Review of Economic Studies, Review of Finance, Review of Financial Studies, as well as non-academic outlets such as Bloomberg, Financial Times, Forbes, New York Times, Wall Street Journal, and Business Week. He has spoken about research on CNBC, CNN, and Bloomberg. He is a past holder of two highly prestigious research grants: European Research Council Consolidator Grant and Marie Curie Integration Grant. He is also a past President of the European Finance Association.
Professor Kacperczyk has been teaching at Imperial College since 2013. Previously he has been appointed at the University of British Columbia Sauder School of Business and New York University Stern School of Business. He obtained a Ph.D. in finance from the Ross School of Business at the University of Michigan. He has received two student awards for Excellence in Teaching as well as two Faculty Excellence Awards from Imperial College.

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