Patrick Augustin, Associate Professor of Finance, awarded Canada Research Chair in Macrofinance and Derivatives
Professor Patrick Augustin’s research program seeks to foster our understanding of financial markets and public institutions, focusing on sovereign and corporate credit risk, insider trading, and new financial technologies. As these subjects are fundamental to the stability of financial markets and modern economic society, the proposed research is instrumental in guiding public policy design.
McGill Personal Finance Essentials Director and Desautels Associate Professor Benjamin Croitoru recently sat down with Pierre-Carl Michaud, Director of HEC Montreal’s Retirement and Savings Institute, to discuss the state of personal finances in Canada.
Across programs and subject areas, the Desautels Faculty of Management recognizes the vital role that teaching plays in enriching the student experience and in inspiring the next generation of leaders.
The Distinguished Teaching Award recipients Jiro Kondo and Lisa Cohen were honoured at McGill’s 2021 Management Convocation ceremony for their excellence in teaching.
Congratulations to the following recipients of the 2021 teaching awards!
Authors: Patrick Augustin, I-H. Cheng and L. Van den BergenPublication: Financial Analysts Journal, Forthcoming; First published online May 20, 2021Abstract:
In episode 4 of The ‘New Normal’ hosted by Dave Kaufman, Professor Patrick Augustin from The Desautels Faculty of Management at McGill University examines the allegations of insider trading levied against former Georgia Senators David Perdue and Kelly Loeffler at the dawn of the first wave of the COVID-19 pandemic.
Professor Patrick Augustin provides an expert perspective on questions surrounding the regulation of a Bitcoin-traded fund (ETF) proposed by VanEck Associates Group. While the Securities and Exchange Commission (SEC) deliberates, it runs the risk of making space for a digital shadow finance industry to emerge, says Augustin.
Professor Patrick Augustin and three other North American economists are ringing an alarm bell about the increasing risks associated with heavy borrowing at the state level. In their recent study of 30 developed countries and 30 U.S. states, they measure the effect of the spread of the COVID-19 pandemic on the borrowing costs of governments.
Authors: Patrick Augustin, V. Sokolovski, M.G. Subrahmanyam, and D. Tomio
Publication: Journal of Financial Economics, ForthcomingAbstract:
One of Wall Street’s least-known trading companies, Jane Street has quietly become a global market-maker. With a niche in the world of exchange traded funds (ETFs), the company was well-positioned to weather the COVID-19 crisis. Professor Sebastien Betermier recently entered the conversation with a new report that connects fixed-income ETFs to market liquidity during the pandemic.
Professor Patrick Augustin wades into the debate over the heated race to fill Georgia’s two Senate seats in a runoff and special election scheduled for January.
In two recent studies, Professor David Schumacher charts the rise of large asset managers and examines their effect on financial market stability.
The first virtual McGill International Portfolio Competition (MIPC) drew 93 university teams from 18 countries to design portfolio strategies that address the rise of social inequalities and protectionism in the U.K.