Dr David Schroeder
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Overview
Overview
Biography
David Schroeder is a Reader in Finance. David joined Birkbeck College in 2009. Before he was a researcher at the EDHEC-Risk institute in Nice, France.
Qualifications
- PhD in Economics, University of Bonn (Germany), 2008
Administrative responsibilities
- Chair of the examinations sub-board MSc Finance
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Research
Research
Research interests
- Empirical asset pricing
- Decision making under uncertainty
- Firm and segment profitability
Research overview
David’s research concentrates on the relation between timing and pricing of dividends in financial markets. His special interest is on obtaining a better understanding of the firms’ equity yield curve, i.e., the term structure of expected equity returns.
He also studies empirical and theoretical aspects of decision making under uncertainty. His special focus is on empirically measuring ambiguity preferences, and to analyze how ambiguity preferences shape everyday human decision making.
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Supervision and teaching
Supervision and teaching
Supervision
Current doctoral researchers
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LISETTE ALFAYA FRIAS
Doctoral alumni since 2013-14
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MICHAEL HOWELL
Teaching
Teaching modules
- Asset Management (BUEM040H7)
- Corporate Finance (BUEM043H7)
- Corporate Finance (EMEC003S6)
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Publications
Publications
Article
- Schröder, David (2020) The role of market efficiency on implied cost of capital estimates: an international perspective. Annals of Finance 16, pp. 463-499. ISSN 1614-2446.
- Schröder, David (2020) Real options, ambiguity, and dynamic consistency - a technical note. International Journal of Production Economics 229 (107772), ISSN 0925‐5273.
- Schröder, David and Gilboa Freedman, Gail (2020) Decision making under uncertainty: the relation between economic preferences and psychological personality traits. Theory and Decision 89, pp. 61-83. ISSN 0040-5833.
- Cavatorta, Elisa and Schröder, David (2019) Measuring ambiguity preferences: a new ambiguity preference survey module. Journal of Risk and Uncertainty 58 (1), pp. 71-100. ISSN 0895-5646.
- Schröder, David and Yim, A. (2017) Industry effects in firm and segment profitability forecasting. Contemporary Accounting Research 35 (4), pp. 2106-2130. ISSN 1911-3846.
- Schröder, David and Esterer, F. (2016) A new measure of equity and cash flow duration: the duration-based explanation of the value premium revisited. Journal of Money, Credit and Banking 48 (5), pp. 857-900. ISSN 0022-2879.
- Esterer, F. and Schröder, David (2014) Implied cost of capital investment strategies - evidence from international stock markets. Annals of Finance 10 (2), pp. 171-195. ISSN 1614-2446.
- Schröder, David (2013) Asset allocation in private wealth management: theory versus practice. Journal of Asset Management 14, pp. 162-181. ISSN 1470-8272.
- Schröder, David (2011) Investment under ambiguity with the best and worst in mind. Mathematics and Financial Economics 4 (2), pp. 107-133. ISSN 1862-9679.
- Goltz, F. and Schröder, David (2011) Passive investing before and after the crisis: investors' views on exchange-traded funds and competing index products. Bankers, Markets & Investors (110), ISSN 1167-4946.
- Goltz, F. and Schröder, David (2010) Hedge fund transparency: where do we stand?. The Journal of Alternative Investments 12 (4), pp. 20-35. ISSN 1520-3255.
- Amenc, N. and Goltz, F. and Schröder, David (2009) Private bankers on private banking: financial risks and asset/liability management. The Journal of Wealth Management 12 (3), pp. 39-50. ISSN 1520-4154.
- Schröder, David (2007) The implied equity risk premium - an evaluation of empirical methods. Kredit und Kapital 40 (4), pp. 583-613. ISSN 0023-4591.
Book Section
- Goltz, F. and Schröder, David (2012) Hedge fund reporting. In: Athanassiou, P. (ed.) Research Handbook on Hedge Funds, Private Equity and Alternative Investments. Cheltenham, UK: Edward Elgar Publishing. ISBN 9781849802789.