Lieven Baele
  • Warandelaan 2, Koopmans Building, room K 626

    5037 AB Tilburg



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Personal profile

Research interests

Lieven Baele is an Associate Professor of Finance at Tilburg University. His research interests cover various fields as Empirical Asset pricing and International Finance. He has a special interest in linking macro and financial models, in (measuring) financial integration, international diversification strategies, time-varying volatility and correlation models, and the interaction between bank strategy and risk. His articles have been published in the Review of Financial Studies and the Journal of Financial and Quantitative Analysis, amongst others.


Please visit my personal website for the most up-to-date information.


Associate Professor of Finance (with tenure), Tilburg University, June 2009 - now.

Assistant Professor of Finance, Tilburg University, September 2004 - June 2009.

Postdoctoral Researcher, Ghent University, July 2003 - August 2004.

Doctoral Researcher, Department of Financial Economics, Ghent University, September 1998 - November 2002.

Current courses

Click here for my courses.

PhD supervision

As (co-) supervisor: Koen Inghelbrecht (June 2006, now at Ghent University), Crina Pungulescu (March 2009, now at Toulouse Business School), Moazzam Farooq (September 2011, now at State Bank of Pakistan), Juan-Miguel Londoño (December 2011, now at Federal Reserve Board), Valerie De Bruyckere (May 2013, now at European Banking Association in London), Larissa Schäfer (2015, now at Frankfurt School of Finance & Management), Frederiek Van Holle (2017, now at Degroof Petercam).

Current students: Chase Cicchetti (professional PhD, from State Street), Zilong Niu (with Frank de Jong), Matjaz Maletic (with Bertrand Melenberg), Tomas Jankauskas (with Joost Driessen).

External positions

Course Risk Mangement (MScBA) (Tias Business School)

1 Jan 2021 → …


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