Photo of Bastian von Beschwitz

Bastian von Beschwitz

Education

  • Ph.D., Finance, INSEAD, 2014
  • M.Sc., Accounting and Finance, London School of Economics and Political Science, 2009
  • B.Sc., Business, WHU - Otto Beisheim School of Management, 2008
Current Research Topics
  • Short Selling
  • Hedge Funds
  • Section Chief

    Board of Governors of the Federal Reserve System

    2022 - present
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2019 - 2022
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2017 - 2019
  • Economist

    Board of Governors of the Federal Reserve System

    2014 - 2017
  • Fundamental Arbitrage under the Microscope: Evidence from Detailed Hedge Fund Transaction Data
    Bastian von Beschwitz, Sandro Lunghi, and Daniel Schmidt
    Review of Asset Pricing Studies (Forthcoming)
    https://doi.org/10.1093/rapstu/raab013
    See also » FRB Working Paper (2021)
  • The International Role of the U.S. Dollar
    Carol C. Bertaut, Bastian von Beschwitz, and Stephanie E. Curcuru
    FEDS Notes (2021)
    https://doi.org/10.17016/2380-7172.2998
  • Biased Shorts: Short Sellers’ Disposition Effect and Limits to Arbitrage
    Bastian von Beschwitz and Massimo Massa
    Journal of Financial Markets (2020)
    https://doi.org/10.1016/j.finmar.2019.100512
    See also » FRB Working Paper (2015)
  • First to "Read" the News: News Analytics and Algorithmic Trading
    Bastian von Beschwitz, Donald B. Keim, and Massimo Massa
    Review of Asset Pricing Studies (2020)
    https://doi.org/10.1093/rapstu/raz007
    See also » FRB Working Paper (2018)
  • Revisions to the Federal Reserve Dollar Indexes
    Bastian von Beschwitz, Christopher G. Collins, and Deepa D. Datta
    FEDS Notes (2019)
    https://doi.org/10.17016/2573-2129.48
  • Banks' Equity Stakes and Lending: Evidence from a Tax Reform
    Bastian von Beschwitz and Daniel Foos
    Journal of Banking & Finance (2018)
    https://doi.org/10.1016/j.jbankfin.2018.09.009
    See also » FRB Working Paper (2016)
  • Cash Windfalls and Acquisitions
    Bastian von Beschwitz
    Journal of Financial Economics (2018)
    https://doi.org/10.1016/j.jfineco.2018.02.009
    See also » FRB Working Paper (2016)
  • Why Do Short Sellers Like Qualitative News?
    Bastian von Beschwitz, Oleg Chuprinin, and Massimo Massa
    Journal of Financial and Quantitative Analysis (2017)
    https://doi.org/10.1017/S0022109017000151
    See also » FRB Working Paper (2015)
  • Are Euro-Area Corporate Bond Markets Irrelevant? The Effect of Bond Market Access on Investment
    Bastian von Beschwitz and Conor T. Howells
    International Finance Discussion Papers (2016)
    https://doi.org/10.17016/IFDP.2016.1176
  • conference

    December 21, 2015

    Christmas Conference of German Economists Abroad

    First to "Read" the News: News Analytics and High Frequency Trading

  • conference

    December 17, 2015

    Paris December 2015 Finance Meeting (Eurofidai)

    First to "Read" the News: News Analytics and High Frequency Trading

  • conference

    June 2015

    Inquire conference at Warwick Business School

    Biased Shorts: Short Sellers' Disposition Effect and Limits to Arbitrage

  • discussion

    May 24, 2015

    Financial Intermediation and Research Society 2015 Meeting

    Did Saving Wall Street Really Save Main Street? The Real Effects of TARP on Local Economic Conditions

  • conference

    December 21, 2014

    Christmas Conference of German Economists Abroad

    Biased Shorts: Short Sellers' Disposition Effect and Limits to Arbitrage

  • conference

    December 19, 2014

    Annual conference of the German Finance Association

    Media-Driven High Frequency Trading: Evidence from News Analytics

  • discussion

    December 19, 2014

    Annual conference of the German Finance Association

    Financial intermediaries in the midst of market manipulation: Did they protect the fool or help the knave?

  • conference

    October 24, 2014

    Bocconi Carefin conference

    Banks' Equity Stakes and Lending: Evidence from a Tax Reform

  • conference

    August 29, 2014

    European Finance Association 2014 Meeting

    Biased Shorts: Stock Market Implications of Short Sellers' Disposition Effect

  • discussion

    August 29, 2014

    European Finance Association 2014 Meeting

    Capital Gains Lock-In and Governance Choices

  • conference

    June 18, 2014

    Western Finance Association 2014 Meeting

    Biased Shorts: Stock Market Implications of Short Sellers' Disposition Effect

  • conference

    June 1, 2014

    Financial Intermediation and Research Society 2014 Meeting

    Banks' Equity Stakes and Lending: Evidence from a Tax Reform

  • conference

    June 1, 2014

    Financial Intermediation and Research Society 2014 Meeting

    Media-Driven High Frequency Trading: Evidence from News Analytics

  • conference

    May 21, 2014

    SFS Cavalcade 2014

    Biased Shorts: Stock Market Implications of Short Sellers' Disposition Effect

  • conference

    December 6, 2013

    NBER Microstructure Meeting 2013

    Media-Driven High Frequency Trading: Evidence from News Analytics

Awards
  • 2018

    FMA Consortium on Trading Strategies and Institutional Investing

    Best Paper Award

  • 2013

    Australasian Finance and Banking Conference

    BankScope Prize for the Best Paper in Banking

Referee
  • Review of Financial Studies
  • Management Science
  • Journal of Financial and Quantitative Analysis
  • Review of Asset Pricing Studies
  • Review of Corporate Finance Studies
  • Journal of Monetary Economics
  • Journal of Empirical Finance
  • Journal of Financial Markets
  • Journal of Banking and Finance
  • Economics of Transition
Last update: February 22, 2022