Laura Veldkamp
Leon G. Cooperman Professor of Finance & Economics
Finance
Ph.D. in Economic Analysis and Policy, 2001, Stanford Graduate School of Business; BA in Math and Economics, 1996, Northwestern University Bachelor of Arts in Math and Economics
Joined CBS in 2018
Office:
725
Kravis
E-mail:
[email protected]
Personal Website
Curriculum Vitae
Biography
Laura Veldkamp is a Professor of Finance at Columbia University's Graduate School of Business and is a former editor of the Journal of Economic Theory. Professor Veldkamp earned a B.A in applied mathematics and economics from Northwestern University, and a Ph.D. in economic analysis and policy from Stanford Graduate School of Business. Prior to joining Columbia, she taught at NYU for 15 years. She is a faculty research fellow for the National Bureau of Economic Research and the Centre for Economic and Policy Research, and a frequent consultant for the New York and Minneapolis Federal Reserve Banks. She is also the author of the textbook, Information Choice in Macroeconomics and Finance (Princeton University Press).
Professor Veldkamp’s research focuses on how individuals, investors, and firms get their information, how that information affects the decisions they make, and how those decisions affect the macroeconomy and asset prices. Her recent work examines the data economy and the value of data as an asset.
Teaching
Spring 2022
International Finance
(MBA)
Information In Financial Markets
(PHD)
Spring 2021
International Finance
(MBA)
Information In Financial Markets
(PHD)
Fall 2021
Spring 2020
International Finance
(MBA)
Information In Financial Markets
(PHD)
Fall 2020
Spring 2019
Information In Financial Markets
(PHD)
Fall 2019
Fall 2018
Research
Journal articles
Where Has All the Data Gone?
In Review of Financial Studies
(forthcoming)
Coauthor(s): Maryam Farboodi, Adrien Matray, Laura Veldkamp, Venky Venkateswaran
Taking Orders and Taking Notes: Dealer Information Sharing in Treasury Auctions
In Journal of Political Economy
(2021)
Coauthor(s): Nina Boyarchenko, David Lucca, Laura Veldkamp
Long Run Growth of Financial Data Technology
In American Economic Review
(2020)
Coauthor(s): Maryam Farboodi, Laura Veldkamp
The Tail That Wags the Economy: Beliefs and Persistent Stagnation
In Journal of Political Economy
(2020)
Coauthor(s): Julian Kozlowski, Laura Veldkamp, Venky Venkateswaran
A Rational Theory of Mutual Funds' Attention Allocation
In Econometrica
(2016)
Coauthor(s): Marcin Kacperczyk, Stijn Van Nieuwerburgh, Laura Veldkamp
Time-Varying Fund Manager Skill
In The Journal of Finance
(2014)
Coauthor(s): Marcin Kacperczyk, Stijn Van Nieuwerburgh, Laura Veldkamp
Leadership, Coordination and Corporate Culture
In Review of Economic Studies
(2013)
Coauthor(s): Patrick Bolton, Markus Brunnermeier, Laura Veldkamp
Leadership, Coordination and Mission-Driven Management
In Review of Economic Studies
(2013)
Coauthor(s): Patrick Bolton, Markus Brunnermeier, Laura Veldkamp
Information Acquisition and Under-Diversification
In The Review of Economic Studies
(2010)
Coauthor(s): Stijn Van Nieuwerburgh, Laura Veldkamp
Information Immobility and the Home Bias Puzzle
In The Journal of Finance
(2009)
Coauthor(s): Stijn Van Nieuwerburgh, Laura Veldkamp
Inside Information and the Own Company Stock Puzzle
In Journal of the European Economic Association
(2006)
Coauthor(s): Stijn Van Nieuwerburgh, Laura Veldkamp
Learning Asymmetries in Real Business Cycles
In Journal of Monetary Economics
(2006)
Coauthor(s): Stijn Van Nieuwerburgh, Laura Veldkamp
Working papers
Valuing Financial Data
(2021)
Coauthor(s): Maryam Farboodi, Dhruv Singal, Laura Veldkamp, Venky Venkateswaran
A Model of the Data Economy
(2021)
Coauthor(s): Maryam Farboodi, Laura Veldkamp
The Changing Economics of Knowledge Production
(2021)
Coauthor(s): Simona Abis, Laura Veldkamp
Data and Market Power
(2021)
Coauthor(s): Jan Eeckhout, Laura Veldkamp
Scarring Body and Mind: The Long-Term Belief-Scarring Effects of COVID-19
(2020)
Coauthor(s): Julian Kozlowski, Laura Veldkamp, Venky Venkateswaran
Data and the Aggregate Economy
(2019)
Coauthor(s): Cindy Chung, Laura Veldkamp
Ideas and Insights
In The Media
Here’s What the Federal Reserve’s Half-Point Rate Hike Means for You
The Federal Reserve Is about to Hike Interest Rates One Last Time this Year. Here’s How It May Affect You
Inflation’s “Last Mile” Is the Trickiest
When Is a Recession Coming? It Depends on Who You Ask
Four Ways Americans Are Feeling Inflation