prof. dr. Joost Driessen

Bio

Joost Driessen (1974) is Professor of Finance at Tilburg University at the Tilburg School of Economics and Management. From 2001 to 2009 he held a position at the University of Amsterdam. He has published extensively in top finance journals (Journal of Finance, Review of Financial Studies, and the Journal of Financial Economics), and has received several grants for his academic work, including a VENI and VIDI grant. He has also been involved in various applied research projects for financial and governmental institutions. Joost has been head of the Finance Department both at Tilburg University (2012-2016) and University of Amsterdam (2008-2009) and Vice-Dean Research at Tilburg University (2018-2021). Joost’s research interests include liquidity and asset pricing, derivative markets, corporate bonds and credit risk, and long-term portfolio choice.

Courses

• Asset Pricing 1 (CentER)
• Empirical Methods in Finance
• Fixed Income Analysis

Recent publications

1. Stocks versus corporate bonds - A cross-sectional puzzle

   van Zundert, J., & Driessen, J. (2022). Stocks versus corporate bonds: A cross-sectional puzzle. Journal of Banking & Finance, 137, Article 106447.

2. Can unpredictable risk exposure be priced?

   Barahona, R., Driessen, J., & Frehen, R. (2021). Can unpredictable risk exposure be priced? Journal of Financial Economics, 139(2), 522-544.

3. Pricing liquidity risk with heterogeneous investment horizons

   Beber, A., Driessen, J., Neuberger, A., & Tuijp, P. (2021). Pricing liquidity risk with heterogeneous investment horizons. Journal of Financial and Quantitative Analysis, 56(2), 373-408.

4. The dividend term structure

   Kragt, J., de Jong, F., & Driessen, J. (2020). The dividend term structure. Journal of Financial and Quantitative Analysis, 55(3), 829-867. Article 002210901900036.

5. Cumulative prospect theory, option returns and the variance premium

   Baele, L., Driessen, J., Ebert, S., Londono Yarce, J. M., & Spalt, O. (2019). Cumulative prospect theory, option returns and the variance premium. Review of Financial Studies, 32(9), 3667-3723.