Bjørn Eraker Home Page

Associate Professor of Finance
Wisconsin School of Business

Contact information:


5374A Grainger Hall
53706 Madison, WI

e-mail: beraker at bus dot wisc dot edu

Curriculum Vitae

cv.pdf

Publications:

"An Equilibrium Guide to Designing Affine Pricing Models". With Ivan Shaliastovich. Mathematical Finance, 2008,18-4, p. 519-543

"Affine General Equilibrium Models" Management Science,2008, 54-12, p. 2068-2080.

"A Bayesian View of Temporary Components in Asset Prices" Journal of Empirical Finance, 2008,Vol 15, Issue 3, p. 503-517

"Do Stock Prices and Volatility Jump? Reconciling Evidence from Spot and Option Prices ", Journal of Finance, 2004, 59, p. 1367-1403

The Impact of Jumps in Returns and Volatility ,” with Michael Johannes and Nicholas G. Polson, Journal of Finance, 2003, 53, p. 1269-1300

"MCMC Analysis of Diffusion Models with Application to Finance ", Journal of Business and Economic Statistics, vol 19-2, April 2001, p. 177-191

"Comment on ''Numerical Techniques for Maximum Likelihood Estimation of Continuous-Time Diffusion Processes'' by G. B. Durham and A. R. Gallant ", Sept. 2001, JBES

Working Papers:

"The Volatility Premium" Updated June 2008

"The Performance of Model Based Option Trading Strategies" Updated July 2007

"Bayesian Mixed Frequency VAR's". With Ching Wai Chiu, Andrew Foerster, Tae Bong Kim and Hernan Seoane

Classes

Fin 365/740 "Fixed Income" course materials