EDHEC

The EDHEC PhD in Finance Programme adds a new alumnus

On 24 May 2017, Majid Hasan successfully defended his doctoral thesis entitled “Dynamic Asset Pricing with Funding-Shortfall Risk”. In his first paper, Majid explores the effects of funding-ratio…
Reading time :
24 May 2017

On 24 May 2017, Majid Hasan successfully defended his doctoral thesis entitled “Dynamic Asset Pricing with Funding-Shortfall Risk”.

In his first paper, Majid explores the effects of funding-ratio constrained institutions with intertemporal consumption, when there is a tension between the institution's unconstrained preferences and the demands of an externally imposed funding-ratio constraint, and in his second paper, he examines the qualitative effects of unforecastable demand shocks.

Majid was advised by Professor Raman Uppal and his thesis committee also included EDHEC Business School Professor Laurent Calvet and Caltech Richard N.Merkin Professor of Mathematical Finance JaksaCvitanić, who served as external reviewer. Majid joined the programme in 2014 as residential track participant and he is currently Head of Asset Pricing Models at EDHEC Infrastructure Institute. He has recently co-authored an article with Frederic Blanc-Brude (EDHECinfra) entitled “You Can Work It Out! Valuation and Recovery of Private Debt with a Renegotiable Default Threshold” and published in The Journal of Fixed Income (Spring 2017).

Other articles you may
be interested in

01.03.2024 - EDHEC
Sign up for the 5 EDHEC x Le Monde evening courses on the economics of crime
From 6 March to 3 April, either online or face-to-face in Paris, Bertrand…
23.02.2024 - EDHEC
Discovering the world of diplomacy: EDHEC organises the 9th edition of the Model United Nations debating event
On 15 and 16 February 2024, the EDHEC Business School student association…
22.02.2024 - EDHEC
EDHEC takes part in the first engagement summit
On 8 February 2024, Hager Jemel, Associate Professor at EDHEC Business School…