Joint Program Student Michael Barnett Receives Stevanovich Fellowship Award

One of the aims of the Macro Financial Research Initiative (MFRI) is to support graduate student research including students in the Joint Program in Financial Economics at the University of Chicago interested in linkages between finance and the macroeconomy. To engage these students and create a valuable network of young scholars interested in this field, the MFRI sponsors conferences, workshops, and other events to facilitate discussions and feedback about the latest student research.

Michael Barnett, a PhD candidate in the Joint Program in Financial Economics at The University of Chicago was recently awarded the 2018 Stevanovich Center for Financial Mathematics Fellowship award along with Dachuan Chen. Every year, the Stevanovich Center awards these fellowships to PhD students conducting innovative research in Quantitative Finance. The Director of the Stevanovich Center is Per Mykland (pictured below), the Robert M. Hutchins Distinguished Service Professor at the Department of Statistics, University of Chicago.

In the past, Mike has received the prestigious NSF graduate fellowship. Before coming to the University of Chicago, Michael was a research assistant at the Federal Reserve Board of Governors and graduated from Brigham Young University with a B.S. in Economics and Mathematics.

Mike Barnett’s research interests include asset pricing, macroeconomics, climate change, and energy economics. His current work uses theoretical modeling and empirical methods to study the role of uncertain climate policy on production outcomes and asset prices in the oil sector, the cross-sectional asset pricing implications of climate change and climate model uncertainty, and to quantify the state and horizon dependent implications of the different channels of climate model uncertainty captured by climate model emulators.

In addition to his dissertation project, Mike Barnett has joint work with Lars Peter Hansen and William “Buz” Brock on pricing uncertainty induced by climate change to be presented at the upcoming Review of Financial Studies conference on Climate Finance in October, 2018.

Read about previous Stevanovich Fellows.

Learn about the Stevanovich Student Fellowship application process.

Read about the Macro Financial Research Initiative (MFRI).

 

Per Mykland, Director of the Stevanovich Center and Michael Barnett Celebration for 2018 Stevanovich Student Fellowship Award held on May 15, 2018

 

 

Niels Nygaard, Michael Foote, Robert Fefferman, Dachuan Chen, Michael Barnett, Lars Peter Hansen and Pietro Veronesi at the celebration for the 2018 Stevanovich Student Fellowship Award held on May 15, 2018

 

Celebration for 2018 Stevanovich Student Fellowship Award held on May 15, 2018
Celebration for 2018 Stevanovich Student Fellowship Award held on May 15, 2018