Senior Research Fellow
Born and brought up in Berlin, Germany, Jens completed his B.Sc. in Economics at the London School of Economics with First Class Honors where he received the Raynes and Gerstenberg prizes in Economics. During his undergraduate studies, Jens worked in the Fixed Income Derivatives Sales team of the Chase Manhattan Bank London Global Trading Division. Jens also holds a M.Sc. in Economics from the LSE. He then went on to complete his Ph.D. in Economics from Harvard University, specializing in empirical asset pricing and credit risk. In 2003 Jens visited the Research department of the European Central Bank as part of the Graduate Research Program. In 2005 Jens joined Brandeis University as Assistant Professor of Finance at the International Business School and Department of Economics, receiving tenure as Associate Professor of Finance in 2012. Jens joined Kamakura as Senior Research Fellow in January 2008. The LSE welcomed Dr. Hilscher to their Financial Markets Group as a Visiting Scholar in 2009.
Jens' areas of expertise are empirical asset pricing, credit risk, corporate finance, and international finance. His research concentrates on the empirical pricing effects of credit and distress risk on stocks and bonds. He has also worked on investigating the determinants of both firm as well as country level risk. The Deutsche Bank Prize in Financial Economics from the Review of Finance was awarded for Jens 2010 paper "Determinants of sovereign risk: Macroeconomics fundamentals and the pricing of sovereign debt" (with Yves Nosbusch). The Journal of Investment Management selected Jens 2011 paper "Predicting financial distress and the performance of distressed stocks" (with John Y. Campbell and Jan Szilagyi) for their Harry M. Markowitz Award as Best Paper. The Eastern Finance Association lauded Dr. Hilscher's work with their awards for Outstanding Paper in Financial Institutions and separately for Outstanding Paper in Corporate Finance.
For a complete listing of awards, publications, working papers, books, etc., of Dr. Hilscher's please see his vita.