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. 

I teach in the QFAS master and in the EOR bachelor program. Besides, I am a co-organizer of the QFAS Workshop at Tilburg University. You can download my CV here.

Courses

Recent publications

  1. Asset diversification versus climate action

    Hambel, C., Kraft, H., & van der Ploeg, F. (Accepted/In press). Asset diversification versus climate action. International Economic Review.
  2. When should retirees tap their home equity?

    Hambel, C., Kraft, H., & Meyer-Wehmann, A. (2023). When should retirees tap their home equity? Journal of Banking & Finance, 154, Article 106967.
  3. 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.
  4. 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, Article 103642.
  5. 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, Article 103490.

Find an expert or expertise