Photo of Joost Driessen
  • Warandelaan 2, Koopmans Building, room K 151

    5037 AB Tilburg

    Netherlands

19992019
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Personal profile

Research interests

Driessen's research focuses on derivative markets, in particular markets for credit derivatives, equity options and interest rate options. In addition, Driessen studies the performance of private equity funds, the optimal choice of investment portfolios, and the trading behavior of investors.

Personal webpage

Career

Employment and fellowships

Professor of Finance, Tilburg University, August 2009 - ...

Professor of Finance, University of Amsterdam, October 2007 - July 2009

Associate Professor of Finance, University of Amsterdam, March 2005 - September 2007

Assistant Professor of Finance, University of Amsterdam, March 2001 - March 2005

  

Senior researcher Netspar, April 2005 - ...

CEPR research fellow, 2009 - ...

Tinbergen Institute Fellow, 2004 - ...

 

Ph.D. student at CentER, Tilburg University, August 1997 - February 2001

Visiting Ph.D. student, Department of Economics, University of Chicago, March 2000 - June 2000. 

 

Management

Vice-dean of Research, TiSEM, September 2018 - ...

Head of Finance Department, Tilburg, June 2012 - July 2016

Head of Finance Department Amsterdam, May 2008 - July 2009

Teaching coordinator Finance: January 2007 - July 2009

Program director Msc Business Economics Finance, Sept 2006 - Sept 2008

Recruitment committee: 2002, 2003, 2005, 2006, 2007, 2008

MIF/MBA Exam committee: Sept 2005 - Sept 2008

PhD supervision

 PhD Thesis Supervision

Otto van Hemert (graduated June 2006, joint with Frank de Jong, placement: assistant professor at NYU)

Tse-Chun Lin (graduated December 2009, placement: assistant professor at Hong Kong University)

Dion Bongaerts (graduated June 2010, joint with Frank de Jong, placement: assistant professor at Erasmus University Rotterdam)

Juan-Miguel Londono-Yarce (graduated 2011, joint with Lieven Baele, placement: Federal Reserve Board)

Patrick Tuijp (joint with Alessandro Beber, graduation planned June 2016, placement: postdoc at University of Amsterdam)

Ran Xing (graduated May 2016, placement: postdoc at Erasmus University Rotterdam)

Zorka Simon (joint with Theo Nijman, graduation 2016, placement: postdoc at University of Mannheim)

Ivo Kuiper (graduation 2017)

Jac. Kragt (graduation 2018, joint with Frank de Jong)

Jeroen van Zundert (graduation 2018)


Current students:

Ricardo Barahona

Joren Koeter

David Zerbib

Tomas Jankauskas

Keywords

  • Financial Markets
  • Investment
  • Options
  • Interest Rates
  • Bonds

Fingerprint Dive into the research topics where Joost Driessen is active. These topic labels come from the works of this person. Together they form a unique fingerprint.

  • 10 Similar Profiles
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Network Recent external collaboration on country level. Dive into details by clicking on the dots.

Research Output 1999 2019

Cumulative prospect theory, option returns and the variance premium

Baele, L., Driessen, J., Ebert, S., Londono Yarce, J. M. & Spalt, O., Sep 2019, In : The Review of Financial Studies. 32, 9, p. 3667-3723

Research output: Contribution to journalArticleScientificpeer-review

Cumulative prospect theory
Premium
Probability weighting
Index options
Equity returns

Does interest rate exposure explain the low-volatility anomaly?

Driessen, J., Kuiper, I., Nazliben, K. K. & Beilo, R., Jun 2019, In : Journal of Banking and Finance. 103, p. 51-61

Research output: Contribution to journalArticleScientificpeer-review

Anomaly
Interest rates
Premium
Bond market
Stock volatility

The dividend term structure

Kragt, J., de Jong, F. & Driessen, J., May 2019, In : Journal of Financial and Quantitative Analysis.

Research output: Contribution to journalArticleScientificpeer-review

Dividends
Term structure
Business cycles
Economic variables
Investors

Pricing Liquidity Risk with Heterogeneous Investment Horizons

Beber, A., Driessen, J., Neuberger, A. & Tuijp, P., Jan 2018, SSRN, 99 p.

Research output: Working paperOther research output

Open Access
Investment horizon
Liquidity risk
Investors
Pricing
Assets

An asset pricing approach to liquidity effects in corporate bond markets

Bongaerts, D., de Jong, F. & Driessen, J., Apr 2017, In : The Review of Financial Studies. 30, 4, p. 1229-1269

Research output: Contribution to journalArticleScientificpeer-review

Corporate bonds
Asset pricing
Liquidity
Liquidity effect
Bond market

Activities 2014 2017

  • 2 Editorial activity

Journal of Banking and Finance (Journal)

Joost Driessen (Editor)
Nov 2017 → …

Activity: Publication peer-review and editorial work typesEditorial activityScientific

Review of Finance (Journal)

Joost Driessen (Editor)
20142017

Activity: Publication peer-review and editorial work typesEditorial activityScientific

Projects 2009 2015

Liquidity Risk and Asset Pricing (NWO)

Xing, R. & Driessen, J.

1/05/121/05/15

Project: Research project

Essays on asset pricing

Londono Yarce, J. M., Driessen, J. & Baele, L.

1/09/091/09/11

Project: Research project

Prizes / Recognition

Best paper award at the 24th Annual Global Financial Conference

Joost Driessen (Recipient) & Ivo Kuiper (Recipient), 6 May 2017

Prize

Unemployment
Stock market reaction
News
Business cycles