Photo of Mathias S. Kruttli

Mathias S. Kruttli

Education

  • Ph.D., Economics, University of Oxford, 2015
  • M.Phil., Economics, University of Oxford, 2011
  • M.A., Economics, New York University, 2008
  • B.A., Economics, University of Zurich, 2005
Current Research Topics
  • Asset Management, Climate Finance
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2019 - present
  • Economist

    Board of Governors of the Federal Reserve System

    2015 - 2018
  • Kruttli, Mathias S., Phillip J. Monin, Lubomir Petrasek, and Sumudu W. Watugala (2021). "Hedge Fund Treasury Trading and Funding Fragility: Evidence from the COVID-19 Crisis," Finance and Economics Discussion Series 2021-038. Board of Governors of the Federal Reserve System (U.S.).
  • Anadu, Kenechukwu, Mathias Kruttli, Patrick McCabe, and Emilio Osambela (2020). "The Shift from Active to Passive Investing: Potential Risks to Financial Stability?," Financial Analysts Journal, vol. 76, no. 4, pp. 23–39.
  • Kruttli, Mathias S. (forthcoming). "From Which Consumption-Based Asset Pricing Models Can Investors Profit? Evidence from Model-Based Priors, Journal of Financial Econometrics.
  • Kruttli, Mathias S., Brigitte Roth Tran, and Sumudu W. Watugala (2019). "Pricing Poseidon: Extreme Weather Uncertainty and Firm Return Dynamics," Finance and Economics Discussion Series 2019-054. Board of Governors of the Federal Reserve System (U.S.).
  • Kruttli, Mathias S., Phillip J. Monin, and Sumudu W. Watugala (2017). "Investor Concentration, Flows, and Cash Holdings: Evidence from Hedge Funds," Finance and Economics Discussion Series 2017-121. Board of Governors of the Federal Reserve System (U.S.).
  • Kruttli, Mathias S., Andrew J. Patton, and Tarun Ramadorai (2015). "The Impact of Hedge Funds on Asset Markets," Review of Asset Pricing Studies, vol. 5, no. 2, pp. 182-226.
Awards
  • 2018

    MFA Annual Meeting

    Best Paper in Investments Award

  • 2016

    SFS Finance Cavalcade

    Review of Asset Pricing Studies Keynote

  • 2014

    FMA Napa Conference

    Best Paper Award

Referee
  • Review of Financial Studies
  • Management Science
  • Journal of Business & Economic Statistics
  • Economic Journal
  • European Financial Management
Professional Affiliation
  • Associate Member of the Oxford-Man Institute of Quantitative Finance
Last update: July 27, 2021