Claus Munk

Presentation

Most of my recent research focuses on developing models for the investment and consumption decisions of individuals and households of the life cycle. These models are extending traditional models by taking into account the housing decisions and the labor income flow of the households in order to establish a more realistic framework for understanding real-life household decisions and for improving the professional investment advice to households. Various aspects of these models still need to be explored and I am involved in several research projects doing so. My other research interests are in general asset pricing theory, the pricing of fixed-income securities, numerical methods in finance, and management compensation.

Primary research areas

• Investment and consumption decisions of individuals and households
• Asset allocation
• Asset pricing theory

Courses

Teaching Fall 2012:

• Capital Market Theory (MSc AEF)
• Financial Markets and Instruments (MSc FSM)