Thien Nguyen

Thien Nguyen joins the Department of Finance in 2014. He pursued his PhD course work at the Wharton School of the University of Pennsylvania after earning a BA in mathematics and economics from the University of California, San Diego.

Nguyen’s research interests include asset pricing, macroeconomics, financial markets, public finance and financial regulations. His work has been published in Review of Financial Studies, Journal of Financial Economics and  Journal of Monetary Economics. He has served as a PhD summer intern at the Federal Reserve Bank of New York and a research associate at the Federal Reserve Bank of San Francisco.

Nguyen is also the recipient of numerous fellowships and grants, including the Winkelman Fellowship and the Rodney L. White Center for Financial Research Grant at Wharton.

Education

• PhD in Finance, Wharton School, University of Pennsylvania
• BA in Mathematics and Economics, University of California, San Diego

Areas of Expertise

Finance

• Asset Pricing
• Macroeconomics

Publications

• "Fiscal Policies and Asset Prices," with Max Croce, Kung Howard, and Lukas Schmid. Review of Financial Studies, 25(9), 2012 (Lead article)
• "The Market Price of Fiscal Uncertainty," with Max Croce and Lukas Schmid. Journal of Monetary Economics, 59(5), 2012 (Lead article)
• "Government Debt and the Returns to Innovation", with Max Croce, Steve Raymond, and Lukas Schmid. Journal of Financial Economics, 123(3), 2019
• "Persistent Government Debt and Aggregate Risk Distribution", with Max Croce and Steve Raymond. Journal of Financial Economics, 140(2), 2021 (Lead article)
• "Public Debt, Consumption Growth, and the Slope of the Term Structure", Review of Financial Studies (Forthcoming)

Working Papers

• “Bank Capital Requirements: A Quantitative Analysis” (under revision)
• “Global Entropy”, with Max Croce and Lukas Schmid