Office: 430 PACCAR Hall
Foster School of Business
University of Washington
Seattle, WA 98195-3226
- Value vs. growth: an investor’s perspective
- Inheritance: identifying the genetic component of financial behavior
- Heredity is a major driver of irrational investing behavior
- Foster faculty recommend favorite books on macroeconomic trends
- Sarbanes-Oxley regulation effective without harming investor value
- Nature vs. nurture: Genes play a leading role in financial behavior
- Associate Professor of Finance and Business Economics Evert McCabe Faculty Fellow
- PhD Columbia University (2006)
- MPhil Columbia University (2002)
- BSc University of Bayreuth (1995)
- asset pricing
- behavioral finance
- business valuation
- household finance
- international finance
- private equity
- Financial Services
- Private Equity
- Stock Market Valuations across U.S. States (2014),
- The Fetal Origins Hypothesis in Finance: Prenatal Environment and Financial Risk Taking (2014),
- The Common Component of Idiosyncratic Volatility (2014)
- At the University of Washington since 2005
- Arizona State University, 2011-2012
- GCI Management, Munich, Germany, 1996-1999
- “The Fetal Origins Hypothesis in Finance: Prenatal Environment, the Gender Gap, and Investor Behavior“
Journal Article: Cronqvist, H., Previtero, A., Siegel, S., & White, R., (forthcoming). Review of Financial Studies,
- “The Origins of Savings Behavior“
Journal Article: Cronqvist, H., & Siegel, S., (2015). Journal of Political Economy, Vol. 123(1), pp. 123-169.
- “Value Versus Growth Investing: Why Do Different Investors have Different Styles“
Journal Article: Cronqvist, H., Siegel, S., & Yu, F., (2015). Journal of Financial Economics, Vol. 117(2), pp. 333-349.
- “Daily Data is Bad for Beta: Opacity and Frequency-Dependent Betas“
Journal Article: Gilbert, T., Hrdlicka, C., Kalodimos, J., & Siegel, S., (2014). Review of Asset Pricing Studies, Vol. 4(1), pp. 78-117.
- “Genetics, Homeownership, and Home Location Choice“
Journal Article: Cronqvist, H., Muenkel, F., & Siegel, S., (2014). Journal of Real Estate Finance and Economics, Vol. 48(1), pp. 79-111.
- “Political Risk Spreads“
Journal Article: Bekaert, G., Harvey, C., Lundblad, C., & Siegel, S., (2014). Journal of International Business Studies, Vol. 45(4), pp. 471-493.
- “The Genetics of Investment Biases“
Journal Article: Cronqvist, H., & Siegel, S., (2014). Journal of Financial Economics, Vol. 113(2), pp. 215-234.
- “The Impact of the Sarbanes-Oxley Act on Shareholders and Managers of Foreign Firms“
Journal Article: Duarte, J., Kong, K., Siegel, S., & Young, L., (2014). Review of Finance, Vol. 18(1), pp. 417-455.
- “The European Union, the Euro, and Equity Market Integration“
Journal Article: Bekaert, G., Harvey, C., Lundblad, C., & Siegel, S., (2013). Journal of Financial Economics, Vol. 109(3), pp. 583-603.
- “Trust and Credit: The Role of Appearance in Peer-to-Peer Lending“
Journal Article: Duarte, J., Siegel, S., & Young, L., (2012). The Review of Financial Studies, Vol. 25(8), pp. 2455-2484.
- “What Segments Equity Markets?“
Journal Article: Bekaert, G., Harvey, C., Lundblad, C., & Siegel, S., (2011). The Review of Financial Studies, Vol. 24(12), pp. 3841-3890.
Honors and Awards
- MBA Elective Professor of the Quarter, Spring 2009, 2013
- Undergraduate Faculty of the Year for Finance and Business Economics, 2012-2013
- American Real Estate Society, ARES Manuscript prize Winner, 2012
- Faculty Research Award, Elliott Initiative, University of Michigan-Dearborn, 2011
- Best Paper Award, Rothschild Caesarea Center 7th Annual Academic Conference, Tel Aviv, 2010
- Yihong Xia Best Paper Award, CICF, Beijing, 2010
- Best Paper in Investments, FMA, New York, 2010
- Doctoral fellowship, Columbia University, Graduate School of Business, 1999-2004
- Award for outstanding academic achievement, University of Bayreuth, 1995
- Merit-based scholarship from the Friedrich-Naumann Foundation, Germany, 1993-1995