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Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Mathias S. Kruttli

Senior Economist Flow of Funds Section Research and Statistics

202-530-6214
mathias.s.kruttli@frb.gov

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

Hedge Funds, Liquidity, Equity Premium Prediction

Economist
Board of Governors of the Federal Reserve System
2015 - present
Visiting Fellow
Economics Department, Harvard University
2014 - 2015

Anadu, Kenechukwu, Mathias Kruttli, Patrick McCabe, Emilio Osambela, and Chae Hee Shin (2018). "The Shift from Active to Passive Investing: Potential Risks to Financial Stability?" Finance and Economics Discussion Series 2018-060. 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

Last update: December 17, 2018