Christof W. Stahel
Assistant Director
Office of Asset Management

Education Summary

  • Ph.D. Finance, The Ohio State University, 2004
  • M.A. Economics, The Ohio State University, 1997
  • M.A. (summa cum laude) Economics with specialization in Econometrics, University of Zürich (Switzerland), 1996

Fields of Interest

  • Asset pricing
  • International financial markets
  • Financial crises
Assistant Director
Division of Economic and Risk Analysis
U.S. Securities and Exchange Commission
2013–present
Financial Economist
Division of Economic and Risk Analysis
U.S. Securities and Exchange Commission
2012–2013
Assistant Professor of Finance
School of Management
George Mason University
2004–2011
Fellow
Center for Financial Research
Federal Deposit Insurance Corporation
2009–2011
Visiting Assistant Professor
Department of Finance
University of Delaware
2003
Economist
Statistics Department and Banking Studies Department
Swiss National Bank
1997–1999
Lecturer (Econometrics)
Department of Agricultural Economics
Swiss Federal Institute of Technology
1993–1995
  • Gergana Jostova, Stanislava (Stas) Nikolova, Alexander Philipov and Christof W. Stahel, Momentum in Corporate Bond Returns, 2013, Review of Financial Studies, 26, 1649-1693.
  • Nicole M. Boyson, Christof W. Stahel, and René M. Stulz, Liquidity Shocks and Hedge Fund Contagion, 2012, The Journal of Investment Management 10, 13-34.
  • Nicole M. Boyson, Christof W. Stahel, and René M. Stulz, Hedge Fund Contagion and Liquidity Shocks, 2010, Journal of Finance 65, 1789–1816.
  • Nicole M. Boyson and Christof W. Stahel, Liquidity and Hedge Fund Contagion, 2010, in Robert W. Kolb, ed. Financial Contagion: The Viral Threat to the Wealth of Nations, (John Wiley & Sons, Inc).
  • Michel Peytrignet and Christof W. Stahel, Stability of Money Demand in Switzerland: A Comparison of the M2 and M3 Cases, 1998, Empirical Economics 23, 437-454.
  • Jeffrey H. Harris and Christof W. Stahel, Funding Constraints and Liquidity Contagion in U.S. Equity and Treasury Markets.
  • Ryan Goodstein, Paul Hanouna, Carlos Ramirez, and Christof W. Stahel, Are Foreclosures Contagious?
  • Nicole M. Boyson, Christof W. Stahel, and René M. Stulz, Why Do Hedge Funds' Worst Returns Cluster? Common Liquidity Shocks vs. Contagion.
  • Nicole M. Boyson, Christof W. Stahel, and René M. Stulz, Hedge Fund Contagion and Liquidity.
  • Christof W. Stahel, Are Foreign Investors Better Informed? Evidence from the Return–Volume Relationship.
  • Kuan-Hui Lee and Christof W. Stahel, Are Extreme Negative Liquidity Shocks in the US Equity and Treasury Notes Markets Contagious?
  • Nicole M. Boyson, Christof W. Stahel, and René M. Stulz, Is there Hedge Fund Contagion?
  • Dong-Wook Lee, Kuan-Hui Lee, and Christof W. Stahel, Liquidity, Liquidity Risk, and Holding Period.
  • Christof W. Stahel, Liquidity across Developed and Emerging Equity Markets.
  • Christof W. Stahel, Is There a Global Liquidity Factor?
  • Christof W. Stahel, International Liquidity Risk.

Conference Activities

Paper presentation, 2012 WFA Conference
Paper presentation (by co-author), 2011 Asian Finance Association Conference
Paper presentation (by co-author), 2011 FIRS Conference
Paper presentation (by co-author), 2011 MFS Annual Conference
Paper presentation (by co-author), 2011 World Finance Conference
Paper presentation, 2010 FMA Conference
Paper presentation, 2010 EFMA Conference
Paper presentation, 2009 WFA Conference
Paper presentation, 2009 EFMA Conference
Paper presentation, 2009 AFA Conference
Paper presentation (by co-author), 2008 Northfield Information Services 14th Annual Summer Seminar
Paper presentation (by co-author), 2008 Wharton Impact Conference, A Global Perspective on Alternative Investments
Paper presentation (by co-author), 2008 RSM Erasmus University One Day Conference on Professional Asset Management
Paper presentation, 2007 FDIC/JFSR Banking Research Conference
Paper presentation, 2007 FMA Conference
Paper presentation (by co-author), 2006 FMA Conference
Paper presentation (by co-author), 2006 Recent Research on Hedge Funds and Performance
Paper presentation, 2005 FMA Conference
Paper presentation, 2005 Southern Finance Association Conference

University Presentations

DePaul University, 2012
U.S. Securities and Exchange Commission, 2011
The Ohio State University, 2011
International Monetary Fund, 2010
Federal Deposit Insurance Corporation, 2010
George Mason University, 2010
Villanova University, 2009
Chartered Alternative Investment Analyst Association, 2007
George Mason University, 2006
HEC Montreal, 2004
University of West Virginia, 2004
Queens University, 2004
George Mason University, 2004