Meet the Economists

Mathias S. Kruttli
Principal Economist
Flow of Funds Section
Research and Statistics
202-530-6214
[email protected]
[email protected]
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
Principal Economist
Board of Governors of the Federal Reserve System
2022 - presentSenior Economist
Board of Governors of the Federal Reserve System
2019 - 2021Economist
Board of Governors of the Federal Reserve System
2015 - 2018
- The life of the counterparty: Shock propagation in hedge fund-prime broker credit networks
Mathias S. Kruttli, Phillip J. Monin, and Sumudu W. Watugala
Journal of Financial Economics (Forthcoming) - From Which Consumption-Based Asset Pricing Models Can Investors Profit? Evidence from Model-Based Priors
Mathias S. Kruttli
Journal of Financial Econometrics (Forthcoming)
https://doi.org/10.1093/jjfinec/nbaa023 - Hedge Fund Treasury Trading and Funding Fragility: Evidence from the COVID-19 Crisis
Mathias S. Kruttli, Phillip J. Monin, Lubomir Petrasek, and Sumudu W. Watugala
Finance and Economics Discussion Series (2021)
https://doi.org/10.17016/FEDS.2021.038 - The Shift from Active to Passive Investing: Potential Risks to Financial Stability?
Kenechukwu Anadu, Mathias Kruttli, Patrick McCabe, and Emilio Osambela
Financial Analysts Journal (2020)
https://doi.org/10.1080/0015198X.2020.1779498
See also » FRB Working Paper (2018) - Pricing Poseidon: Extreme Weather Uncertainty and Firm Return Dynamics
Mathias S. Kruttli, Brigitte Roth Tran, and Sumudu W. Watugala
Finance and Economics Discussion Series (2019)
https://doi.org/10.17016/FEDS.2019.054 - Investor Concentration, Flows, and Cash Holdings: Evidence from Hedge Funds
Mathias S. Kruttli, Phillip J. Monin, and Sumudu W. Watugala
Finance and Economics Discussion Series (2017)
https://doi.org/10.17016/FEDS.2017.121 - The Impact of Hedge Funds on Asset Markets
Mathias S. Kruttli, Andrew J. Patton, and Tarun Ramadorai
Review of Asset Pricing Studies (2015)
https://doi.org/10.1093/rapstu/rav007
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
- Review of Asset Pricing Studies
- Journal of Business & Economic Statistics
- Economic Journal
- European Financial Management
Professional Affiliation
- Associate Member of the Oxford-Man Institute of Quantitative Finance
Last update:
June 30, 2022