Bio

Welcome to my webpage at Tilburg University. I am an assistant professor in the Department of Econometrics & OR, and I hold a PhD in Finance from Goethe University Frankfurt.

My current research focuses on various aspects of asset pricing, climate finance, and environmental economics. I am keen on analyzing how climate change affects financial markets and the real economy. I am particularily interested in how carbon taxation triggers the transition towards a low-carbon economy and how it changes the investment behavior of market participants towards more sustainable investment opportunities such as ESG funds. Thus, my research is closely related to sustainable finance and consumption-portfolio choice over the life cycle. Besides, I enjoy developing innovative solution methods for (some of) these problems basing on duality approaches or machine learning. 

Courses

Recent publications

  1. Solving life-cycle problems with biometric risk by artificial insuran…

    Hambel, C., Kraft, H., & Munk, C. (2022). Solving life-cycle problems with biometric risk by artificial insurance markets. Scandinavian Actuarial Journal, 2022(4), 307-327.
  2. Optimal carbon abatement in a stochastic equilibrium model with clima…

    Hambel, C., Kraft, H., & Schwartz, E. (2021). Optimal carbon abatement in a stochastic equilibrium model with climate change. European Economic Review, 132, [103642].
  3. The social cost of carbon in a non-cooperative world

    Hambel, C., Kraft, H., & Schwartz, E. (2021). The social cost of carbon in a non-cooperative world. Journal of International Economics, 131, [103490].
  4. Health shock risk, critical illness insurance, and housing services

    Hambel, C. (2020). Health shock risk, critical illness insurance, and housing services. Insurance: Mathematics and Economics, 91, 111-128.
  5. Life Insurance Demand Under Health Shock Risk

    Hambel, C., Kraft, H., Schendel, L. S., & Steffensen, M. (2017). Life Insurance Demand Under Health Shock Risk. Journal of Risk and Insurance, 84(4), 1171-1202.

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