RSFAS
Research School of Finance, Actuarial Studies & Statistics
Asset pricing; Financial institutions; Financial stability; Macro finance.
Current projects
The Decline of Too Big To Fail with D. Duffie and Y. Zhu
R&R, AER
More Debt More Leverage? [Previously titled "What Changes in Corporate Debt Levels Reveal about Firms' Risk, Returns and Payouts"] with B. Grundy and Y. Wang
Risk Aversion in Corporate Bond Markets with I. Dergunov and J. Helwege
Valuation of Bank Assets with Early Government Intervention with M. Schaefer and A. Szimayer
Dealer Inventory, Short Interest and Price Efficiency in the Corporate Bond Market with Y. Zhu
Antje Berndt is Professor of Finance. Antje’s research focuses on the theoretical and empirical analysis of different sources of delinquency risk: corporate credit risk, mortgage default risk and fiscal risk. Antje has written widely and published in leading finance and economics journals including Review of Financial Studies, Review of Finance, Journal of Monetary Economics and the American Economics Journal: Macroeconomics. Antje is regarded an expert in her field, with her work featuring in the Wall Street Journal and on CNBC Squawk Box, National Public Radio and Reuters, amongst others. Antje has presented her research at a number of academic and industry events including National Bureau of Economic Research workshops, the American Finance Association, Western Finance Association, European Finance Association, Society for Financial Studies, Econometrics Society and Society of Economic Dynamics annual meetings, and in over 70 invited seminars. Antje has received multiple research awards as well as being recipient of the ANU Futures Scheme, PNC Professorship in Computational Finance, the Global Association of Risk Professionals Research Management Award, and the Fulbright Enterprise Scholarship. Antje’s research has been funded by the US National Science Foundation and the US National Security Agency.